NEW YORK, April 30, 2021 /PRNewswire/ — Technavio has been monitoring the automotive all-season tires market and it is poised to grow by USD 5.99 billion during 2021-2025, progressing at a CAGR of about 4% during the forecast period.
Although the regulations on the use of all-season tires will offer immense growth opportunities, limitations of all-season tires in extreme summer or winter seasons are likely to pose a challenge for the market vendors.
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