The global tractor tires market is likely to grow at a CAGR of 5.06% in terms of shipment during the period 2016-2022. The demand for agricultural tractor tires will witness a flat growth during 2017 mainly due to the growth of the replacement market. Further, the demand for tires is strongly correlated with the global agricultural tractors market. Also, increasing farm mechanization in developing countries such as India, China, Thailand, and the African continent is increasing the sale of agricultural tractors. This, in turn, is increasing the demand for agricultural tractor tires.
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