Advanced Tires Market Size, Growth, Opportunities Analysis, And Forecast To 2030
June 13, 2023 ⚊ 1 Min read ⚊ Views 69 ⚊ NEWS
The Advanced Tires Market is projected to grow from USD 1.3 billion in 2023 to USD 3.2 billion by 2030, at a CAGR of 14.4% from 2023 to 2030. Rising focus on carbon dioxide (CO2), and nitrogen oxide (NOx), and growing demand for convenience and safety features in the LDV segment. Further, the high maintenance and replacement cost of OTR tires creates demand for advanced tires.
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