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Car
Premium Car Tires Market Size and Growth
The Premium Car Tires market is experiencing robust growth, driven by increasing consumer demand for performance and safety. As of 2023, the market size is estimated at approximately $30 billion, with a projected CAGR of 5% through the next five years, influenced by advancements in technology and eco-friendly materials.
Companies Covered
(Covid 19 Impact Covered)
◍ Bridgestone
◍ Yokohama
◍ Continental
◍ Michelin
◍ Sumitomo
◍ Goodyear
◍ Zhongce
◍ Hankook
◍ Pirelli
◍ Maxxis
◍ Madras Rubber Factory
◍ Nexen Tire
◍ GITI Tire
◍ Nokian Tyres
◍ Apollo Tyres
◍ Toyo Tire
◍ Cooper Tire
◍ Hengfeng Rubber
The Premium Car Tires Market is competitive, featuring companies like Bridgestone, Michelin, and Goodyear innovating in technology and sustainability. These firms enhance performance and safety, driving market growth. Sales figures include Bridgestone: $25 billion, Michelin: $24 billion, and Goodyear: $17 billion, reflecting strong market presence and innovation.
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Market Segmentation
By Application
Passenger Vehicles
Commercial Vehicles
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By Product
Bias Tire
Radial Tire
Market Growth
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$ X Billion USD
