Forestry equipment tires market set to grow

New York – The global market for forestry equipment tires is estimated to grow at CAGR of 5.7% through to 2028, according to a recent market research.

According to a study titled “Forestry equipment tires market: global industry analysis 2013 – 2017 and forecast 2018 – 2028”, by Persistence Market Research, the market is estimated to create ‘an incremental opportunity of $920.8 million (€809 million) during the period’.

Increasing demand for wood and wood products and the shift towards mechanisation and automation in forestry operation, are some…

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