Winter Tires Market Remains Hotly Contested as a US$ 43 Billion Opportunity is in the Offing 20

The penetration of winter tires continues to gain ground in heavy commercial and light commercial vehicles – a trend that is complementing the steady demand from passenger cars segment.

According to Fact.MR study, nearly 220 million units were sold in 2017, with passenger cars accounting for over 50% of sales. A combination of macroeconomic and industry-specific factors is influencing demand for winter tires.

Read the source article at PR-Inside.com