{"id":329046,"date":"2024-09-16T12:11:00","date_gmt":"2024-09-16T12:11:00","guid":{"rendered":"https:\/\/dailybanglanewspapers.com\/news\/automotive-tire-market-size-is-projected-to-be-us-24-06-billion-by-2032-at-a-cagr-of-2-7-from-2024-to-2032-polaris-market-research\/"},"modified":"2024-09-16T12:11:00","modified_gmt":"2024-09-16T12:11:00","slug":"automotive-tire-market-size-is-projected-to-be-us-24-06-billion-by-2032-at-a-cagr-of-2-7-from-2024-to-2032-polaris-market-research","status":"publish","type":"post","link":"https:\/\/dailybanglanewspapers.com\/news\/automotive-tire-market-size-is-projected-to-be-us-24-06-billion-by-2032-at-a-cagr-of-2-7-from-2024-to-2032-polaris-market-research\/","title":{"rendered":"Automotive Tire Market Size is Projected to be US$ 24.06 Billion by 2032, at a CAGR of 2.7% from 2024 to 2032 | Polaris Market Research"},"content":{"rendered":"

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New York, USA, Sept. 16, 2024 (GLOBE NEWSWIRE) — Market Overview:<\/strong><\/p>\n

The global automotive tire market<\/u><\/a> was estimated at USD 19.12 billion in 2023. The market is expected to upsurge from USD 19.44 billion in 2024 to USD 24.06 billion by 2032 at a CAGR of 2.7% during the forecast period from 2024 to 2032.<\/p>\n

What is Automotive Tire?<\/strong><\/p>\n

Automotive tires, the round-shaped rubber components that establish the vital connection between the vehicle and the road surface, are constructed from materials such as rubber, steel cord, fiber, and textile. These materials are carefully chosen to provide traction and support the vehicle’s weight, thereby influencing the tire’s performance. Quality plays a crucial role in choosing the right tire. The best one can enhance your car\u2019s safety and performance by controlling steering and braking, as well as reduce maintenance costs and fuel consumption.<\/p>\n

Download Free Sample PDF Copy of the Report:<\/strong><\/p>\n

https:\/\/www.polarismarketresearch.com\/industry-analysis\/automotive-tire-market\/request-for-sample<\/u><\/a><\/p>\n

Market Report Attributes<\/strong><\/p>\n\n\n\n\n\n\n\n\n
Report Attributes <\/strong><\/td>\nDetails <\/strong><\/td>\n<\/tr>\n
Market value in 2023<\/td>\nUSD 19.12 billion<\/td>\n<\/tr>\n
Market value by 2032<\/td>\nUSD 24.06 billion<\/td>\n<\/tr>\n
CAGR<\/td>\n2.7% from 2024 to 2032<\/td>\n<\/tr>\n
Base year<\/td>\n2023<\/td>\n<\/tr>\n
Historical data<\/td>\n2019\u20132022<\/td>\n<\/tr>\n
Forecast period<\/td>\n2024\u20132032<\/td>\n<\/tr>\n<\/table>\n

Key Highlights of Report:<\/strong><\/p>\n