IMARC Group has recently released a new research study titled "Tire Market Size, Share, Trends and Forecast by Design, End-Use, Vehicle Type, Distribution Channel, Season, and Region, 2026-2034", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The global tire market size reached USD 181.1 Billion in 2025 and is projected to grow to USD 272.6 Billion by 2034, reflecting a CAGR of 4.33% for the forecast period 2026-2034. Growth is driven primarily by continuous technological advancements in tire manufacturing and the increasing demand for eco-friendly, specialized tires amid rising environmental awareness.
Source : Einpresswire.com