Global Automotive Pneumatic Tire Market
New research and developments in tire design leading a considerable reduction in the overall weight of the vehicle. The use of reinforcing fiber and synthetic rubber as raw material extends tire life with a pollution reduction. Enhanced vehicle comfort by shock damping property is driving the market at a significant rate. Government regulations to increase fuel efficiency and reduce pollution are driving the demand for eco-friendly tires. The pneumatic tire alternative such as semi airless and airless tire with polymer restraining the growth of the market.