A “more even” global LV tire market in 2017

Based on article published in July/Aug issue of European Rubber Journal

The global tire market is developing against a background in which world economic growth is still recovering from the financial crash of almost a decade ago and where emerging markets are no longer such big drivers of growth.

Within this analysis from Robert Simmons, head of rubber and tire research at UK consultancy LMC International, is a gradual decline in Chinese GDP growth from over 10% to around 6% per annum between 2010-19.

Simmons also pointed to…

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