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Automotive OE tyres and wheels market will reach at an estimated value of USD 135.62 billion and grow at a CAGR of 3.25% in the forecast period of 2028. Rising focus on innovations and advancements in the market requiring light-weight materials is an essential factor driving the automotive OE tyres and wheels market. Industry Analysis Tyres are rubber structures that are shaped like a ring and surround the wheels of the vehicles. These tyres are responsible for the mobility of the vehicle and also help in distributing the weight of the vehicle from the axels to the ground. Increase in automotive production and sales across different vehicles segment is a crucial factor accelerating the market growth, also increase in competition among tire manufacturers, rising introduction of advanced technology in the manufacturing process, rising low production costs, increasing availability of economic labor, lenient emission and safety norms, and rising government initiatives for FDIs are t...