More cars being sold means more tires that need to be produced. With China being the main country buying the cars (30% increase in auto sales). Some things to remember: each tire takes close to 7 gallons of oil to make it. Each tire. So not only do we have a dependency on oil to make gas, but now we need more oil to make the tires the cars ride on. Even with all the electric cars coming out they still need tires too.
We need to find alternative rubbers or find a way to recycle them.
Here’s what Bloomberg news had to say about the tire market and what it means to the consumers.
To help you from having to buy tires sooner than you need to here is a video to show you what to start looking for.
Cheers!