Global Tire Market Trends:

The escalating demand for high-performance and specialty tires, such as those designed for electric and autonomous vehicles is contributing to the market growth. Moreover, the increasing popularity of niche tire categories like run-flat tires and self-inflating tires is aiding in market expansion, driven by evolving consumer preferences and the pursuit of advanced automotive technologies. Apart from this, the surge in mobility solutions and shared transportation services, such as ride-sharing and last-mile delivery services spurring the need for durable and reliable tires is acting as another significant growth-inducing factor.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

The Michelin Group

Bridgestone Corporation

Continental AG

The Goodyear Tire and Rubber Company

Sumitomo Corporation

Pirelli Tyre S.p.A

Yokohama Tire Corporation

Hankook Tire and Technology Co., Ltd.

Toyo Engineering Corporation

Kumho Tyre (Australia) Pty Ltd.

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