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Future Market Insights

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​Global Retread Tires Market revenue driven by auto industry growth and increasing awareness

Future Market Insights has released their Retreat Tires Market report. According to the firm, the long-term outlook of the global retread tires market remains positive and the market value is expected to increase at a CAGR of 4.6% during the forecast period (2018 - 2028). Among the end use segments of the retread tires market, the heavy commercial vehicles segment is expected to expand with a significant CAGR in terms of value as well as volume over the forecast period. The global sales of retread tires are estimated to be valued at US$ 8,684.9 Mn by the end of 2018.