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Bias Belted Tires Emerge as a Key Growth Segment in the Global Tire Industry
The global bias tire market is witnessing steady growth, supported by increasing farm mechanization, mining activities, infrastructure development, and demand for heavy-duty vehicles. Valued at US$ 29.5 Bn in 2022, the market is projected to grow at a CAGR of 2.3% from 2023 to 2031, reaching approximately US$ 36.1 Bn by 2031. Bias tires continue to find applications in agricultural machinery,...
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