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Explore Odisha’s Cultural Gems with Tailored Tour Packages

Posted by Tandra on September 19, 2024 at 1:34am 0 Comments

Delve into Odisha’s spiritual and cultural richness with Odisha Tour Packages, offering a blend of heritage and natural beauty. Experience the sacred charm of Jagannath Temple with Puri Tour Packages. For a complete cultural journey,… Continue

The Top Lookah Dab Pens for Flavor and Efficiency

Posted by toplinkseo on September 19, 2024 at 1:29am 0 Comments

When it comes to vaping concentrates, flavor and efficiency are key factors that can significantly influence your experience. Lookah is renowned for its innovative dab pens that excel in both areas. If you’re searching for a dab pen that delivers exceptional flavor while maintaining efficient vaporization, Lookah offers several standout options. Here’s a look at…

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Expense Tracking Software

Posted by goldensun on September 19, 2024 at 1:19am 0 Comments

Streamline Your Finances with an Efficient Invoice Management System

In today's fast-paced business environment, managing expenses and invoices effectively is crucial for any organization. The right invoice management system simplifies tracking, recording, and reimbursing expenses, reducing manual efforts and human error. It not only helps in organizing financial data but also enhances overall transparency in your operations. With the right tools, like expense tracking software,…

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Hydrotherapy: A Holistic Approach for Dogs with Skin Issues — The Pets Workshop

Posted by The Pets Workshop on September 19, 2024 at 1:13am 0 Comments

Dogs with sensitive skin require special care to keep them comfortable and healthy. For these pets, a combination of tailored dog spa Singapore treatments can make all the difference in their well-being. Sensitive skin often reacts to common grooming products, harsh chemicals, or even the…

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Tire Market Trends| COVID-19 Impact

The presence of proficient original equipment manufacturers and the availability of aftermarket services are expected to support the expansion of the global Tire Market Trends. Increase in road traffic are demanding for effective automotive tire designs that are safe for passengers.

Regional Analysis 

In Asia Pacific, the Tire Market Trends is expected to thrive at a lucrative CAGR due to the ever-expanding automotive industry. The increase in sales of automobile, hike in per capita income, and growing demand for non-pneumatic tires are factors that are expected to bolster the APAC market growth. In North America, the market is expected to expand at a CAGR of 4.66% through the review period. The market in the US is expected to exceed a valuation of USD 44.87 billion by the end of the forecast period. Modern techniques are likely to back the regional market expansion in the years to come. The surge in the production rate of vehicles to meet the high demand for smart and luxurious cars is anticipated to support the expansion of the market.

Segmental Analysis

The automotive tire segmental study is based on type, section width, vehicle type, and end market. The type-based segments of the market are bias and radial. The radial segment is expected to generate high revenue for the global Tire Market Trends during the review period. The section width-based segments are >230mm, <200 Mm, and 200-230mm. The <200 Mm segment is likely to contribute largely to the expansion of the global market. The vehicle type-based segments are commercial vehicle and passenger car. The passenger car segment is expected to register a high CAGR in the assessment period. The end markets segments are aftermarket and OEM. The OEM segment is likely to hold the grand share of the global market.

Competitive Dashboard

MRFR listed some strong contenders of the global Tire Market Trends. They are; Bridgestone Corporation(Japan), Michelin Group (France), Hankook Tire Co., Ltd. (South Korea)

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