LMC analyst predicts a “more even” global LV tire market in 2017

Guangzhou, China – The world is looking at more even growth in light vehicle tire sales across regions in 2017, said Robert Simmons, head of rubber and tire research at UK’s agribusiness consultancy LMC International.

According to Simmons’ speech at the 2017 China Rubber Conference held in Guangzhou last week, LV tire sales are expected to increase by 3% globally this year, with India overtaking the Middle East and China as the fastest growing market at an over 8% year-on-year rate.

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