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The Radial Tire market is a segment of the Automotive Tire industry. Radial tires are constructed with a radial ply, which is a layer of rubber-coated fabric cords that run at a 90-degree angle to the direction of travel. This design provides superior handling, improved fuel efficiency, and a longer tread life than traditional bias-ply tires. Radial tires are the most common type of tire used in passenger vehicles, light trucks, and SUVs.
Radial tires are also used in commercial vehicles, such as buses, delivery trucks, and heavy-duty trucks. The radial tire market is highly competitive, with a variety of manufacturers offering a wide range of products. Companies in the market include Bridgestone, Michelin, Goodyear, Continental, Pirelli, Yokohama, Hankook, Kumho, Toyo, and Nokian. Show Less Read more