Automotive Tire Market size to grow by USD 49.25 billion from 2022 to 2027|APAC is estimated to account for 40% of the global market – Technavio

NEW YORK, Dec. 12, 2023 /PRNewswire/ — The automotive tire market size is estimated to grow by USD 49.25 billion from 2022 to 2027, growing at a CAGR of 7%. The development of airless tires is an emerging trend shaping market growth. Non-pneumatic automotive airless tires utilize rubber…