Singapore Tire Market Forecast and Opportunities 2012-2022

Singapore tire market is projected to grow to over $ 0.23 billion by 2022. Growing automobile sales and increasing per capita income are the major factors boosting demand for tires across the country. Passenger car segment accounted for the largest share in Singapore tire market in 2016, and the segment is expected to maintain its leading position during the forecast period as well, owing to recovering sales of passenger cars in the country.

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