Automotive Tire Market for OE Replacement Size, Forecast 2032

The Global Automotive Tire Market size is anticipated to exceed USD 25.4 Billion by 2032, Growing at a CAGR of 2.8% from 2022 to 2032. The primary factors driving the automotive tire market are the vehicle's increased life and the miles driven each year as a result of regular maintenance, customer awareness, and advancement in new tire technology, which has resulted in longer tire life.