The tire material market size was estimated at USD 81.75 billion in 2023 and is likely to grow at a CAGR of 4.1% during 2023-2028 to reach USD 99.95 billion by 2028. The tire material market is a vast and ever-evolving industry that is constantly innovating to meet the needs of the automotive industry. There are different materials used in tires to provide the tire with the strength, durability, traction, and other properties that are needed to provide a safe and comfortable ride.
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