The State of the Malaysian Tire Market: Growth, Challenges, and Future Prospects
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Increasing Vehicle Ownership: The rising disposable income of Malaysians has led to a surge in car ownership, driving demand for tires. u00a0 <br>Expanding Automotive Manufacturing: Malaysia's automotive industry has experienced significant growth, with several global automakers setting up manufacturing plants. This has increased the demand for original equipment manufacturer (OEM) tires. u00a0 <br>Infrastructure Development: The Malaysian government's focus on infrastructure development, including road construction and expansion, has boosted the need for tires for heavy-duty vehicles. <br><br> u00a0 <br>
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The State of the Malaysian Tire Market: Growth, Challenges, and Future Prospects
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