Low Rolling Resistance Tire Market Size, Share, Industry & Forecast 2028
Low Rolling Resistance Tire Market The Low rolling resistance tire market is projected to grow at a higher CAGR during the forecast period (2021-2028). The factors driving the growth of Low Rolling Resistance Tire Market includes increasing automotive sales around the world, growing usage of low rolling resistance tires in hybrid cars and mainstream vehicles and rising adoption of nanotechnology for producing tires. As per the report published by Statista, the Worldwide car sales increased to 66.7 million units of automobile in 2021, from 63.8 million units in 2020, which will accelerate the Low Rolling Resistance Tire Market Growth in the approaching years. Moreover, the favorable government policy for minimizing the carbon emissions and increasing research and development on enhancing the low resistance tires, are some of the key additional factors, augmenting the Low Rolling Resistance Tire Market Share . In addition, the increasing disposable income, rapid urbanization, gro...