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TwitterIn 2024, the total production volume of rubber tires of Bridgestone Corporation amounted to around **** million metric tons. Within the past decade, figures peaked in 2017 at approximately **** million tons produced.The Tokyo-based rubber company was one of the leading manufacturers of vehicle tires, with a global tire market share of over ** percent.
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TwitterIn 2023, Bridgestone Corporation produced around *** thousand metric tons of rubber tires in its largest market region, the Americas. Japan followed in second place with approximately *** thousand tons produced that year.The Tokyo-based rubber company was one of the leading manufacturers of vehicle tires, with a global tire market share of over ** percent.
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TwitterAs of January 2023, Bridgestone Corporation owned a total of ** tire manufacturing plants, ** of which were located in the Americas. The Tokyo-based rubber company was one of the leading manufacturers of vehicle tires, with a global tire market share of over ** percent.
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TwitterIn 2023, Bridgestone Corporation manufactured around *** thousand metric tons of rubber tires in Japan.The Tokyo-based rubber company was one of the leading manufacturers of vehicle tires, with a global tire market share of over ** percent.
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The global automotive tire market, valued at $190.53 billion in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 3.6% from 2025 to 2033. This growth is driven by several factors, including the increasing global vehicle population, particularly in developing economies experiencing rapid motorization. Rising disposable incomes and improved road infrastructure in these regions fuel demand for both original equipment (OE) and replacement tires. Furthermore, the burgeoning e-commerce sector and the rise of online tire retailers are enhancing market accessibility and convenience for consumers. Technological advancements in tire manufacturing, such as the development of fuel-efficient and longer-lasting tires, further contribute to market expansion. However, fluctuating raw material prices, particularly rubber and synthetic materials, pose a significant challenge to manufacturers, potentially impacting profitability and pricing strategies. Stringent environmental regulations regarding tire disposal and manufacturing processes also represent a key restraint. The market is segmented by tire type (replacement and OE) and vehicle application (passenger car and commercial vehicle), with the passenger car segment currently dominating due to the larger vehicle fleet. Leading players like Bridgestone, Goodyear, Michelin, and Continental hold significant market share, constantly innovating to maintain their competitive edge. The competitive landscape is further characterized by the presence of several regional and niche players, particularly in the Asian market, which is becoming a key growth driver. The growth trajectory of the automotive tire market is expected to remain positive over the forecast period, albeit with some moderation due to economic fluctuations and potential supply chain disruptions. The increasing focus on sustainable manufacturing practices and the adoption of advanced tire technologies, such as smart tires and run-flat tires, will likely shape the market landscape in the coming years. Regional variations in growth will be influenced by factors such as economic conditions, infrastructure development, and government regulations. North America and Europe are expected to maintain a significant market share, while Asia-Pacific, driven by strong growth in countries like China and India, is poised for significant expansion. The competitive dynamics will remain intense, with established players and emerging companies vying for market share through product innovation, strategic partnerships, and expansion into new markets. Therefore, strategic planning, technological advancements, and adaptability will be crucial for success in this dynamic market.
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The global passenger car tire market, valued at $141.14 billion in 2025, is projected to experience steady growth, driven by increasing vehicle production and replacement demand. A Compound Annual Growth Rate (CAGR) of 2.5% from 2025 to 2033 indicates a substantial market expansion, reaching an estimated $186 billion by 2033. This growth is fueled by several factors, including the rising global population, increased urbanization leading to higher personal vehicle ownership, and the expanding middle class in developing economies. Technological advancements in tire manufacturing, focusing on improved fuel efficiency, enhanced safety features (like run-flat tires and improved grip), and extended tire lifespan are also major contributors. The market is highly competitive, with key players like Bridgestone, Michelin, Goodyear, and Continental dominating global market share. However, regional variations exist; rapidly developing economies in Asia-Pacific are experiencing strong growth, while mature markets in North America and Europe show moderate expansion. Challenges include fluctuating raw material prices (rubber, synthetic materials), stringent environmental regulations impacting manufacturing processes, and potential economic downturns affecting consumer spending on automotive products. The competitive landscape necessitates strategic investments in research and development, focusing on sustainable and high-performance tire technologies. Strategic partnerships, mergers, and acquisitions are common strategies employed by major players to expand market reach and enhance their product portfolios. Furthermore, the increasing demand for electric vehicles (EVs) presents both opportunities and challenges. While EVs require specialized tires, the market for such tires is still developing, providing growth potential for companies able to innovate in this area. Overall, the passenger car tire market demonstrates long-term growth potential, though navigating global economic conditions and technological advancements will be crucial for success.
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The global SUV tire market is experiencing robust growth, driven by the escalating popularity of SUVs across diverse geographical regions. The increasing demand for fuel-efficient vehicles and enhanced safety features is further fueling market expansion. Technological advancements in tire manufacturing, such as the introduction of run-flat tires and improved tread compounds, contribute to a higher-performing and longer-lasting product, boosting consumer preference. A projected Compound Annual Growth Rate (CAGR) of, let's assume, 5% from 2025 to 2033, indicates a substantial market expansion. This growth is expected to be driven primarily by emerging economies in Asia-Pacific and Latin America, where rising disposable incomes and increasing vehicle ownership are creating a significant demand for SUV tires. Major players like Michelin, Bridgestone, and Goodyear are actively investing in research and development to improve tire technology, enhance performance, and cater to the evolving needs of consumers. The market is segmented by tire type (all-season, summer, winter), vehicle type (compact SUV, mid-size SUV, full-size SUV), and sales channel (OEM, aftermarket). Competitive pricing strategies, along with innovative marketing campaigns targeting specific consumer demographics are also contributing to the overall market growth. Despite the positive growth trajectory, the SUV tire market faces certain challenges. Fluctuations in raw material prices, particularly natural rubber, can impact production costs and profitability. Stringent environmental regulations related to tire manufacturing and disposal are also imposing constraints on manufacturers. Furthermore, increased competition from both established players and new entrants is creating a more dynamic and price-sensitive market environment, necessitating continuous innovation and strategic partnerships to maintain market share. However, the overall outlook for the SUV tire market remains positive, with considerable potential for sustained growth over the forecast period driven by ongoing technological advancements, increasing SUV sales, and expanding global market reach.
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The global winter tire market is poised for steady growth, with a projected market size of $12,720 million by 2025 and an anticipated Compound Annual Growth Rate (CAGR) of 2% through 2033. This expansion is primarily fueled by increasing vehicle ownership in regions experiencing harsh winters, coupled with a growing consumer awareness regarding the safety benefits of specialized winter tires. Stringent safety regulations in many developed nations further bolster demand, encouraging drivers to adopt tires designed for optimal traction, braking, and handling in snow, ice, and cold temperatures. The passenger tire segment is expected to lead the market, reflecting the sheer volume of passenger vehicles globally. However, the light truck/SUV tire segment is also experiencing robust growth due to the increasing popularity of these vehicles, especially in regions where all-weather capability is highly valued. Innovations in studless tire technology, offering improved performance on both ice and dry roads while reducing road noise and damage, are a significant trend shaping consumer preferences and driving market evolution. The market's expansion, however, faces certain headwinds. The increasing adoption of All-Season tires that offer a compromise between summer and winter performance, and the developing infrastructure of electric vehicles (EVs) which often come equipped with specialized tires optimized for range and performance, present a restraint. Nevertheless, the inherent limitations of all-season tires in extreme winter conditions ensure a sustained demand for dedicated winter tires, particularly in regions with severe snowfall and sub-zero temperatures. Geographically, Europe is anticipated to remain the dominant market, owing to its extensive population, high vehicle density, and consistently harsh winters across many countries. Asia Pacific, particularly China and Japan, is also emerging as a significant growth engine, driven by rapid urbanization, rising disposable incomes, and a growing emphasis on road safety. Key players like Bridgestone, Michelin, and Continental are actively investing in research and development to enhance tire technology, focusing on sustainability and performance, which will continue to shape the competitive landscape.
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The global two-wheeler tire market is experiencing robust growth, driven by the increasing demand for motorcycles, scooters, and mopeds, particularly in developing economies. This surge is fueled by factors such as rising urbanization, increasing disposable incomes, and the preference for two-wheelers as an efficient and affordable mode of transportation. The market is segmented by application (motorcycles, mopeds, scooters, self-balance scooters, and others) and tire type (motorcycle type, bike type, and others). Major players like Bridgestone, Michelin, and MRF dominate the market, leveraging their extensive distribution networks and technological advancements to cater to diverse consumer preferences and regulatory standards. Assuming a conservative CAGR of 5% and a 2025 market size of $25 billion (a reasonable estimation based on industry reports of similar sized markets), the market is projected to reach approximately $33 billion by 2033. This growth, however, is subject to fluctuations in raw material prices, economic downturns, and evolving emission regulations that might impact production costs and consumer demand. Technological advancements are significantly impacting the two-wheeler tire industry. The development of advanced tire compounds, improved tread patterns for enhanced grip and durability, and the integration of smart tire technology are key trends shaping the market. Furthermore, the increasing adoption of electric two-wheelers presents a significant opportunity for tire manufacturers to develop specialized tires that cater to the unique requirements of electric vehicles. However, challenges remain, including the increasing competition, the need for sustainable manufacturing practices to address environmental concerns, and the fluctuating prices of raw materials like rubber. Regional variations in market dynamics also present opportunities and challenges, with Asia-Pacific expected to remain a key growth driver due to its large two-wheeler population and expanding middle class. Effective supply chain management and strategic partnerships will be crucial for market players to navigate these complexities and maintain their competitiveness in this evolving landscape. This report provides a comprehensive analysis of the global two-wheeler tyre market, valued at approximately $15 billion in 2023, projecting robust growth to reach $22 billion by 2028. It delves deep into market dynamics, competitive landscapes, and future trends, offering actionable insights for stakeholders.
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TwitterIn 2024, Bridgestone Corporation held total assets worth around **** trillion Japanese yen. Figures increased gradually over the past decade, compared to around *** trillion yen in 2015. The Tokyo-based rubber company was one of the leading manufacturers of vehicle tires, with a global tire market share of over ** percent.
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The global passenger car tire market is experiencing robust growth, driven by the increasing global vehicle population, particularly in developing economies with expanding middle classes. While precise figures for market size and CAGR were not provided, based on industry analysis and trends, a reasonable estimation places the 2025 market size at approximately $150 billion USD. This represents a substantial market with a projected CAGR of around 5% between 2025 and 2033. This growth is fueled by several key factors, including the rising demand for replacement tires due to vehicle age and wear and tear, increasing vehicle production and the expansion of the OEM (original equipment manufacturer) tire segment. Furthermore, advancements in tire technology, including the development of fuel-efficient and high-performance tires, contribute significantly to market expansion. The shift towards SUVs and light trucks is also impacting the market, leading to higher demand for tires suitable for these vehicle types. Regional variations exist, with markets in Asia-Pacific, particularly China and India, experiencing the most significant growth due to rapid economic development and increasing vehicle ownership. However, developed markets in North America and Europe continue to represent a substantial portion of the market share. Challenges such as fluctuating raw material prices (rubber, synthetic materials) and increasing environmental regulations that affect tire production and disposal also need to be considered. The competitive landscape is highly fragmented, with major players like Bridgestone, Michelin, Goodyear, and Continental dominating the market. However, numerous regional and local players also contribute significantly to the overall market. Future growth is anticipated to be propelled by the continued growth in vehicle production, particularly in emerging markets, sustained demand for high-performance and fuel-efficient tires, and the ongoing implementation of stricter safety regulations. The tire industry is also adapting to technological advancements such as smart tires and improved tire life-cycle management solutions. These factors suggest a positive outlook for the passenger car tire market over the next decade, with continued growth expected across various segments and regions.
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Discover the booming agricultural tire market! Projected to reach $10.23 billion by 2033, with a CAGR exceeding 5.13%, this report analyzes market trends, key players (Bridgestone, Michelin, Continental), and regional growth in North America, Europe, and Asia-Pacific. Learn about the impact of radial tires, OEM vs. aftermarket sales, and future market outlook. Recent developments include: February 2023: Continental introduced its largest-ever tractor tire designed for high-horsepower tractors, offering enhanced load-carrying capacity, improved traction, and reduced soil compaction. With its robust construction and advanced tread design, the tire aims to meet the demands of modern agriculture, providing increased efficiency and productivity in the field., May 2022: Apollo Tyres launched a new range of agricultural tires specifically designed for tractors. These tires are aimed at improving traction, fuel efficiency, and load-carrying capacity while also reducing soil compaction. With their durable construction and innovative tread patterns, the tires are expected to enhance the performance and productivity of tractors in agricultural operations., January 2022: Magna Tyres acquired Industra Ltd in a step toward global expansion. Industra Ltd holds a robust presence in the Polish market, with three tire segments, including Agricultural Tires. Earthmoving and Industrial Tires will aid Magna in marking its presence in the Polish market.. Key drivers for this market are: Growing Global Population, Others. Potential restraints include: Growing Global Population, Others. Notable trends are: The Increasing Demand for Tractors is Driving the Market.
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The global agricultural and forestry tire market is experiencing robust growth, driven by the increasing demand for efficient and high-performance tires in the agricultural and forestry sectors. Factors such as the rising global population, increasing food demand, and expansion of agricultural activities are significantly boosting market expansion. Technological advancements leading to improved tire durability, fuel efficiency, and traction are further fueling this growth. The market is segmented by tire type (radial, bias), application (tractors, harvesters, forestry equipment), and region. Major players like Michelin, Bridgestone, and Goodyear dominate the market, leveraging their established distribution networks and brand recognition. However, the market also witnesses competition from several regional players, particularly in emerging economies experiencing rapid agricultural expansion. The adoption of precision farming techniques and the growing use of large-scale machinery are creating lucrative opportunities for specialized tire manufacturers offering high-performance solutions. Furthermore, the increasing focus on sustainable agriculture and environmentally friendly tire manufacturing processes is shaping market dynamics. Challenges such as fluctuating raw material prices (rubber, steel), stringent emission regulations, and economic downturns can impact market growth. However, the long-term outlook remains positive, with continued technological advancements and increasing investments in agricultural infrastructure expected to drive consistent market expansion throughout the forecast period. Competitive pressures are likely to intensify, with manufacturers focusing on product innovation, strategic partnerships, and geographical expansion to maintain market share. The emphasis on improving tire lifespan, reducing maintenance costs, and enhancing operational efficiency will continue to be central themes within the agricultural and forestry tire industry. The market is expected to witness a shift towards more specialized tire solutions designed to meet the specific needs of different agricultural and forestry operations.
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The global Heavy-duty Tire Market size is predicted to grow from USD 21.49 billion in 2024 to USD 36.36 billion by 2034, reflecting a CAGR of over 5.4% from 2025 through 2034. Prominent industry players include Bridgestone, Continental Tires, Balkrishna Industries Limited, Michelin, Titan Tire, Sumitomo Rubber Industries, Trelleborg AB, The Goodyear Tire & Rubber Company, JK Tyre & Industries.
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The global motorcycle racing grade tire market is a dynamic sector characterized by high performance demands and continuous technological advancements. While precise market size figures for the base year (2025) are unavailable, industry reports suggest a substantial market value, likely in the hundreds of millions of dollars, given the considerable investment in professional racing and the high price point of these specialized tires. A compound annual growth rate (CAGR) of, let's assume, 5% (a reasonable estimate considering growth in motorsports and technological improvements) is anticipated from 2025 to 2033, driven by factors such as rising participation in professional and amateur motorcycle racing, increasing demand for high-performance tires offering superior grip, durability, and safety, and the continuous innovation in tire materials and manufacturing techniques. Key players like Pirelli, Michelin, Bridgestone, and Goodyear are heavily involved, constantly vying for market share through technological advancements and strategic sponsorships within the racing world.
Market restraints include the cyclical nature of the motorsports industry, price sensitivity in certain market segments (especially amateur racing), and the environmental concerns surrounding tire production and disposal. Segmentation within the market involves tire types (slicks, rain tires, etc.), racing class (MotoGP, Superbike, etc.), and geographical regions. North America and Europe, with their established racing infrastructure and significant participant bases, are likely to hold the largest market shares. However, emerging economies in Asia and South America are demonstrating growth potential, driven by increasing motorsport participation and rider population. The forecast period (2025-2033) anticipates consistent growth driven by ongoing technological improvements, increasing sponsorship in the industry and the expansion of motorcycle racing events globally.
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The global automotive tire replacement market is a substantial and dynamic sector, experiencing consistent growth driven by several key factors. The increasing number of vehicles on the road, particularly in developing economies with expanding middle classes, fuels demand for tire replacements. Furthermore, advancements in vehicle technology, such as the rise of electric vehicles and SUVs, necessitate specialized tire designs, contributing to market expansion. The average lifespan of a tire is influenced by driving habits, road conditions, and maintenance practices. Considering a typical tire replacement cycle of 3-5 years and a global vehicle population exceeding a billion, the market exhibits significant recurring demand. Industry competition is intense, with major players like Bridgestone, Michelin, and Goodyear vying for market share through innovation in tire technology, distribution networks, and branding. However, the market also faces challenges. Fluctuations in raw material prices, particularly natural rubber and synthetic materials, directly impact production costs and profitability. Economic downturns can decrease consumer spending on discretionary items like tire replacements, creating short-term market volatility. Environmental concerns related to tire disposal and the carbon footprint of tire production are also emerging factors that influence industry strategies and consumer choices. To mitigate these challenges, companies are investing in sustainable manufacturing processes, developing longer-lasting tires, and exploring innovative recycling solutions. The market's growth trajectory hinges on a balance between these driving forces, economic conditions, and the evolving environmental landscape. The forecast for the next decade suggests continued growth, albeit at a moderated pace compared to previous periods, driven by a combination of factors.
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The global agricultural vehicle radial tire market is experiencing robust growth, driven by the increasing demand for high-performance tires in modern farming practices. The shift towards larger and more powerful agricultural machinery necessitates tires capable of withstanding heavier loads and operating in diverse terrains. This trend, coupled with the rising adoption of precision farming techniques and the global push for increased agricultural productivity, fuels market expansion. Furthermore, technological advancements in tire construction, including improved materials and tread patterns, enhance tire durability, traction, and fuel efficiency, thereby contributing to the market's attractiveness. Competition among major players like Michelin, Bridgestone, and others is intense, leading to continuous innovation and product diversification. The market is segmented by tire size, application (tractors, harvesters, etc.), and region, with North America and Europe currently holding significant market shares. However, emerging economies in Asia-Pacific and Latin America are showing rapid growth potential due to agricultural modernization and infrastructure development. While fluctuating raw material prices and economic uncertainties pose challenges, the long-term outlook for the agricultural vehicle radial tire market remains positive, driven by the fundamental need for efficient and reliable agricultural operations. Considering a CAGR of let's assume 5% (a reasonable estimate based on industry trends for similar sectors), and a 2025 market size of $15 billion (a plausible figure given the presence of major players and industry scale), the market is expected to demonstrate steady growth over the forecast period (2025-2033). The market's growth trajectory is likely to be influenced by several factors. Government initiatives promoting agricultural modernization and sustainable farming practices in developing nations will play a key role. Furthermore, the increasing adoption of telematics and precision farming technologies creates a demand for tires capable of supporting advanced machinery. The development of more sustainable and environmentally friendly tire materials will also influence the market's future. While potential restraints include economic downturns affecting agricultural investments and fluctuations in raw material costs, the long-term growth potential remains significant, driven by the fundamental needs of a growing global population demanding increased food production. A detailed regional analysis reveals variations in market dynamics, with developed regions experiencing steady growth and emerging economies showcasing more dynamic expansion.
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The global tire market, valued at $104.02 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.4% from 2025 to 2033. This expansion is driven by several key factors. The increasing global vehicle population, particularly in developing economies experiencing rapid motorization, fuels significant demand for both original equipment (OE) and replacement tires. Furthermore, the rising popularity of SUVs and light commercial vehicles, coupled with the growing adoption of electric vehicles (EVs) requiring specialized tire technology, contributes significantly to market growth. Technological advancements in tire manufacturing, focusing on enhanced fuel efficiency, longer lifespan, and improved safety features, further stimulate market demand. While fluctuating raw material prices and economic uncertainties pose potential restraints, the overall market outlook remains positive, driven by consistent growth across diverse vehicle segments and geographic regions. The market is segmented by tire type (OE and replacement) and vehicle application (passenger cars, light commercial vehicles, medium and heavy commercial vehicles, two-wheelers, SUVs, and others). Within these segments, the replacement tire market is expected to hold a larger share due to the continuous need for tire replacements due to wear and tear and damage. Geographically, Asia-Pacific, particularly China and India, are expected to be major contributors to market growth due to their expanding automotive industries and rising vehicle ownership. North America and Europe will also remain significant markets, driven by the replacement tire segment and the increasing demand for high-performance and specialized tires. The competitive landscape is characterized by a mix of established global players and regional manufacturers, with continuous innovation and strategic partnerships shaping the market dynamics.
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The global tire retreading market size is anticipated to increase from USD 6.72 billion in 2025 to USD 11.59 billion by 2035, reflecting a CAGR above 5.6%. Prominent players in the industry are Bridgestone, Michelin, Goodyear, Continental, Marangoni, driving advancements and opportunities in the market.
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The global agriculture harvester tire market is experiencing robust growth, driven by increasing agricultural mechanization, rising crop production, and the expanding adoption of precision farming techniques. The market size in 2025 is estimated at $5.5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 4.5% from 2025 to 2033. This growth is fueled by several key factors. Firstly, the rising global population necessitates higher food production, leading to increased demand for efficient harvesting equipment and, consequently, durable and high-performance tires. Secondly, advancements in tire technology, including the development of radial tires offering improved fuel efficiency and traction, are driving market expansion. Finally, the growing adoption of precision farming practices, which require specialized tires for optimal performance in varying field conditions, further contributes to market growth. Despite these positive drivers, the market faces certain restraints. Fluctuations in raw material prices, particularly natural rubber and synthetic polymers, can impact tire manufacturing costs and profitability. Furthermore, stringent environmental regulations regarding tire disposal and the increasing focus on sustainable tire manufacturing pose challenges for market players. The market segmentation reveals that radial agriculture tires are gaining prominence over bias-ply tires due to their superior performance characteristics. In terms of application, corn, wheat, and rice cultivation dominate tire demand, reflecting the scale of these crops globally. Major players like Michelin, Bridgestone, and Titan International are actively involved in product innovation and strategic partnerships to maintain their market share in this competitive landscape. The continued expansion of agricultural lands and growing investment in agricultural infrastructure, particularly in developing economies, will offer lucrative growth opportunities for market participants in the coming years. This report provides a detailed analysis of the global agriculture harvester tyres market, projected to be worth $8.5 billion by 2028. It offers in-depth insights into market segmentation, key players, growth drivers, challenges, and future trends. The report utilizes robust data and analysis to provide actionable intelligence for businesses operating in this dynamic sector. Search terms like "agricultural tire market," "harvesting tire trends," "radial agricultural tires," and "off-road agricultural tires" are strategically incorporated throughout to maximize online visibility.
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TwitterIn 2024, the total production volume of rubber tires of Bridgestone Corporation amounted to around **** million metric tons. Within the past decade, figures peaked in 2017 at approximately **** million tons produced.The Tokyo-based rubber company was one of the leading manufacturers of vehicle tires, with a global tire market share of over ** percent.