PRESS RELEASE

Iran Tire Market Embarking Upon a Double Digit CAGR of 10.1% by 2027

The Deputy Director of the non-metal industries office of Iran's Industry (Mining and Trade Ministry), announced in 2020 that Iran accounts for 41% of the West Asian tire production. Increasing demand for passenger cars and infrastructure projects in Iran are driving the growth of Iran tire market, along with the Iranian infrastructure projects resulting in a growing fleet of commercial vehicles….

India Stationary Compressor Market is anticipated to grow at a promising rate: Projected to reach USD 1,956.3 Million by 2027

The growth of the India stationary compressors market is attributable to the growth of the pharmaceutical, automotive, oil refinery and manufacturing industries. The utilization of stationary compressors in India across these domains has been showcasing an increasing demand due to the rising acceptance of pneumatic energy consumption in India, rising FDI inflows, particularly in the most robust industrial states of India like Maharashtra and Gujarat….