Frequently asked questions
The COVID-19 pandemic negatively impacted the automotive industry and hampered the growth of the global tire mold market.
Asia Pacific accounted for the most heightened share in the global tire mold market.
Increasing global automotive vehicle sales are expected to drive the tire mold market growth over the projected period. This is due to accelerated urbanization, rising consumer disposable income, fuel efficiency regulations, and enhanced dynamics.
The two-piece molds segment had a major global market revenue share in 2021.
The passenger car radial (PCR) tires segment had a major revenue share in the global market in 2021.