Automotive Tubeless Tire Market Major factors such as optimistic growth in the automotive industry, expanding sales of passenger vehicles and growing research and development activities within the tire industry have positive impact on the growth of automotive tubeless tires market . Replacement volumes of tires account globally for about 70% of the passenger tire market and 85% of the commercial vehicle market. Growth in the automotive tire market will continue to be driven by the developing countries in the Asia/Pacific region, particularly China and India. Accommodated by an estimated 230 large and small tire manufacturers, the Chinese automotive tire industry has amazed the global tire industry with its unparalleled growth. In the rapidly growing Chinese automobile market, the global automotive tire giants have positioned production bases in China and further amplified investment in expansion in the last two years. Vigorous research and development activities in rubber techno...