Estimated by Smithers Rapra at over 2.2 billion units in 2017, the global tyre market is well positioned for further growth as it adapts to meet challenges across a complex matrix of tyre types, end uses and regional markets. Top-line volume growth is expected to continue, at a 3.4% compound annual growth rate (CAGR) from 2017 through to 2022, according to Smithers Rapra’s latest report The Future of Global Tyres to 2022.
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