Europe Tire Market Volume, Size, and Forecast Report 2023-2028 - Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis [Yahoo! Finance]
CONTL AG S/ADR (CTTAY)
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Source: Yahoo! Finance
Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis" report has been added to ResearchAndMarkets.com's offering. Europe Tire Market is predicted to reach value US$ 68.88 Billion by 2028 from $54.19 Billion in 2022, growing at a CAGR of 4.08% during 2022-2028 The Europe tire market grows due to growing demand for ultrahigh-overall performance tires with sturdiness and reliability. Consumers seek tires that excel in numerous street situations and provide puncture resistance and cushioning towards shocks. Manufacturers respond with revolutionary technology, strengthening sidewalls and improving shock absorption. The industry evolves with a focus on sustainability, safety, and overall performance. Efforts are made to regulate and enhance tire environmental impact, however further improvements are wished. Collaboration amongst customers, manufacturers, and governments shapes a future where tires make contributions to cleaner and green mobility. Exciting
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