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Automotive Tubeless Tire Market Share

  • Report ID: 277
  • Published Date: Sep 11, 2024
  • Report Format: PDF, PPT

Automotive Tubeless Tire Market Share

APAC Market Statistics

Regionally, the global tubeless tire market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is poised to hold largest revenue share by 2036, owing to growth of automotive sector in the region. The sales of passenger cars in the Asia Pacific and Middle East were estimated to be 33 million cars in 2021 with 20 million cars from China.

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Automotive-Tubeless-Tire-Market-Scope
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Author Credits:  Saima Khursheed


  • Report ID: 277
  • Published Date: Sep 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increased safety and reliability, tubeless tires provide better control, rise of expenditure on vehicle maintenance are the major factors driving the growth of the Automotive Tubeless Tire Market.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2022 – 2031.

High price of raw materials, shortage of supply, and ban of import and export are the challenges affecting the market growth.

The market in Asia Pacific region is projected to hold the largest market share by the end of 2031 and provide more business opportunities in the future.

The major players in the market are The Goodyear Tyre & Rubber Company, Bridgestone Corporation, Continental AG, MICHELIN, MRF (Madras Rubber Factory), Pirelli Tyre & C.S.p.A, Copper Tire & Rubber Company, CEAT Ltd., Yokohama Tire Corporation, Toyo Tire Corporation.
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