Vehicle Radial Tire Market: Important Takeaways from Growth Perspective

Edison, NJ -- (SBWIRE) -- 01/21/2022 -- Radial Tire refers to vehicular tire in which cord plies are arranged radially or at 90 degrees to the direction of travel. Radial tire market has high growth prospects owing to rise in focus of market players on technological developments. For instance, Alliance Tire Americas released a new, very high flexion (VF) radial which can operate at inflation pressures as low as 15 psi in addition with steel belts and a stubble-resistant rubber compound to reduce the risk of stalk damage to broaden its popular 381 series implement tire, the Alliance Agriflex+ 381. Further, increasing sales of automobiles and rise in demand from emerging economies expected to drive the demand for radial tire over the forecasted period.