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TechNavio's analysts forecast the Global Tire market to grow at a CAGR of 6.32 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for radial tires. The Global Tire market has also been witnessing an increase in factory automation. However, the increasing cost of raw materials could pose a challenge to the growth of this market.

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Published 7 weeks 12 hours ago – Made popular 7 weeks 11 hours ago
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