The tire maker said it foresees a 7% increase in global demand for tires for 2021, a decline from the previously indicated 10%, due to the "prolongation of the semi-conductor crisis throughout the entire automotive supply chain." In particular, in the original equipment channel the market is expected to decline by 1%, compared with the previous indication of 6% growth. Pirelli, however, expects its growth forecast for the replacement channel to remain at 10% for the full year. During the three months ended Sept. 30, Pirelli posted a 4% improvement in adjusted EBIT to $261 million, helped by the contribution of internal levers such as restructuring. Revenue grew 10.7% to $1.67 billion, supported by a 10.9% price/mix contribution. Sales volumes dropped 0.4%, Pirelli said, reflecting the decline in OE demand and for the standard segment. Volume in the high-value segment, which includes larger-rim diameter tires, grew 1.8%, while the standard segment was down by 2.6%.