Tyre designs accelerate the industry's market potentials

摘要

Mobility is no longer a millennial buzzword but a reality in economies where urbanisation is rapidly increasing. Upward trajectory of automotive sales continue amid economic slowdown in mature markets like China, the US and Europe. This uptrend influences the market performance of the global tyre industry, which is expected to hit the value of nearly US$250 billion by 2019, says management consulting firm Lucintel in its market report.