Bonafide Research & Marketing Pvt. Ltd. Growth in the Automotive Industry, Urbanization, Replacement Demand, E-commerce and Online Shopping, Technological Advances | Emerging markets, Digitization, Customization Clifton, New Jersey, April 06, 2023 (GLOBE NEWSWIRE) — The demand for tires is increasing globally due to several factors, including population growth, urbanization, and the expansion of the automotive industry. Tires are in high demand as more people own cars and other vehicles to meet their transportation needs. In addition; the growth of e-commerce and online shopping has also contributed to an increase in demand for tires for delivery trucks and other commercial vehicles. Furthermore, the trend toward more fuel-efficient and eco-friendly vehicles has…