In a recent research report by Maximize Market Research, the High-performance Tires Market is expected to surpass US $ 46.96 billion by the year 2027, from US $ 32 billion in 2020.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 6.6%, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Automotive Steering Systemin the region, the Value – Chain analysis, and the PORTER’s analysis for the High-performance Tires Market at a global level.
The study is consolidated based on two major segments and further into sub-segments, By Type (Racing Slick, Tread Tires, Other Tire Types), By Sales Channel (OEM, Aftermarket), By Application (Racing Cars, Off-the Road Vehicles, Other) to forecast the market size by value; also, application includes the analysis of past market dynamics from 2016 to 2020, considering 2020 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players (Continental AG, Bridgestone Corporation, Pirelli & C. SpA, MRF Limited, Michelin, Goodyear Tire & Rubber Company, Pirelli & C.S.p.A., Sumitomo Rubber Industries, Ltd., Yokohoma Rubber Co. Ltd., Cooper Tire & Rubber Company, Cooper Tires, Goodyear, Hankook, Kumho Tires) in the High-performance Tires Market across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global High-performance Tires Market.”
https://www.maximizemarketresearch.com/market-report/global-high-performance-tires-market/120926/
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