NAPERVILLE, Ill.—The tubeless tire market in India will continue to grow at a high rate through 2016, according to a new analysis.
The growth of the passenger vehicle market in India will spark an average annual growth rate of 22.9 percent for tubeless tires, the report from Infiniti Research Ltd. said.
The study said while radialization is increasing on the subcontinent, the increasing cost of raw materials could have an affect on future growth.
More information on the report, prepared by Infiniti division TechNavio Syndicated Research, can be found at www.infiniti-research.com.