Global directory of Tyre suppliers. According to the report called "World Pneumatic Tire- Market Opportunities and Forecasts, 2014-2020" released by Allied Market Research, the global pneumatic tyre market is expected to generate a revenue of $287.5 billion by 2020 and will register a CAGR of 7 per cent during the forecast period from 2015-2020. The tyre market across the globe is fueled by increased production and use of vehicles. Amidst the different types of vehicles, the four-wheeler segment reported the highest revenue last year and as per the report, it is likely to maintain its dominance in the entire analysis period. Currently, the Asia-Pacific region is the biggest market for tyres followed by Europe. Latin America, Middle East and Africa regions are expected to grow fastest, registering a CAGR of 8 per cent during the period of 2015-2020.