According to Smithers Rapra’s The Future of Global Tires to 2022, in 2017, the global tire industry was estimated to be worth $222.9 billion. With topline volume growth expected to continue at a 3.4% annual growth rate to 2022, the global tire market is adapting well to meeting challenges across a complex matrix of tire types, end uses and regional markets.
This positive growth and adaptation is important, coming at a time of radical change in the automotive industry. In this exclusive white paper, Smithers Rapra takes a look at four future mobility trends:
- Autonomous vehicles
- Rise of fleets
- Electric vehicles
- Ride sharing.
To download this free White Paper, please click the link below.