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The pneumatic tire market within the automotive tire industry is a highly competitive and dynamic sector. It is characterized by a wide range of products, from low-cost tires to high-end tires, and a variety of tire sizes and types. The market is driven by the increasing demand for vehicles, as well as the need for improved safety and performance. Additionally, technological advancements in tire design and manufacturing have enabled manufacturers to produce tires with improved durability and fuel efficiency.
The pneumatic tire market is also influenced by the changing consumer preferences and the emergence of new technologies. As a result, manufacturers are constantly innovating and introducing new products to meet the changing needs of consumers.
Some of the major players in the pneumatic tire market include Bridgestone, Michelin, Goodyear, Continental, Pirelli, Yokohama, Hankook, and Kumho. Show Less Read more