Owing to the burgeoning material and technology advancements witnessed across the automotive industry, notable changes are observed in the automotive components market. Increasing demand for performance efficiency and improved driving experience are further opening new opportunistic avenues for the companies…
Tag: automotive tire
Continually growing demand for automobiles including passenger cars, two-wheelers, and commercial vehicles, have propelled the demand escalation of automotive tires. In light of this, automotive tire consumption has risen predominantly. Automotive tire manufacturers are constantly working towards expanding their geographical…
Increasing emphasis given to energy-efficiency and environmental protection coupled with the stringent regulations pertaining to carbon emissions and fuel consumption has brought solutions such as low rolling resistance tire in the spotlight. Extensively deployed in passenger and commercial vehicles lately,…
Rapidly increasing demand for medium and small off highway tires from the construction sector has been significantly driving the growth of off highway tires market. Rising demand for OE (Original Equipment) is likely to surpass replacement demand by nearly 4%…