Automotive Passenger Cars Green Tires Market Size [Growth] & Key Insights with [11.4%] CAGR
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- Location: Cologne
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The Global Automotive Passenger Cars Green Tires Market is undergoing a significant transformation driven by environmental awareness, technological advancements, and evolving consumer preferences. According to a TechSci Research report, the market was valued at USD 28 billion in 2022 and is expected to grow at a CAGR of 11.4% between 2024 and 2028.
The increasing emphasis on sustainability and fuel efficiency is reshaping the tire manufacturing industry, making green tires a vital component of the modern automotive sector. Additionally, the growing market for electric vehicles (EVs) and hybrid vehicles is further fueling demand for green tires as these vehicles require energy-efficient tire solutions to maximize their range and efficiency.
cLiCk tHe bElOw lInK To dOwNlOaD ThE FrEe sAmPlE RePoRt fOr iNsIgHtS.
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