Tire Material Market to Reach USD 143.19 Billion by 2031, Driven by...

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2026-06-24 09:20:50 - Translate -

Tire Material Market to Reach USD 143.19 Billion by 2031, Driven by Sustainable Materials and EV Tire Innovation

The global Tire Material Market is witnessing robust growth as automotive manufacturers increasingly focus on fuel efficiency, durability, sustainability, and electric vehicle (EV) performance. According to recent industry analysis, the market was valued at USD 93.33 billion in 2023 and is projected to reach USD 143.19 billion by 2031, expanding at a CAGR of 5.56% during the forecast period....

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