Category: Automobile
blog address: https://www.globenewswire.com/news-release/2022/04/28/2431137/0/en/Automotive-Tire-Aftermarket-Market-Worth-159Bn-Globally-by-2028-at-6-CAGR-Exclusive-Report-by-The-Insight-Partners.html
blog details: The Insight Partners published latest research study on “Automotive Tire Aftermarket Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Tire Type (Radial Tire and Bias Tire), Distribution Channel (OES and IAM), and Rim Size (13–15, 16–18, 19–21, and more than 21[NM1] [PS2] )”, the global automotive tire aftermarket market growth is driven by the surge in adoption of electric vehicles to provide growth opportunities and rising demand for fuel-efficient tires. Asia Pacific dominated the market in 2020 with a share of 35.5% and is expected to hold leading position by 2028. Europe is the second-largest contributor to the global market in 2020, followed by North America.
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