According to our (Global Info Research) latest study, the global Off-Highway Tires market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Growing demand: The off-highway tires market has been witnessing growth due to various factors. Increasing infrastructure development, particularly in emerging economies, has led to a higher demand for construction and mining equipment, which, in turn, drives the demand for off-highway tires.
Technological advancements: Like the broader automotive industry, the off-highway tires market has been experiencing advancements in tire technology. Manufacturers are focusing on developing tires with better durability, improved traction, and enhanced fuel efficiency. These advancements aim to enhance overall performance and reduce operating costs for end-users.
Sustainability and environmental concerns: There is an increasing emphasis on sustainability and environmental considerations in the off-highway tires market. Manufacturers are developing eco-friendly tire solutions by incorporating renewable and recycled materials, improving tire longevity, and reducing rolling resistance to enhance fuel efficiency. This trend aligns with the global focus on reducing carbon emissions and minimizing environmental impact.
Off-highway tires, also known as off-road tires or OTR tires, are specifically designed for vehicles that operate outside of paved surfaces, such as construction and mining equipment, agricultural machinery, and off-road vehicles. These tires are built to withstand rough and challenging terrains, including dirt, gravel, sand, mud, and rocks.
This report is a detailed and comprehensive analysis for global Off-Highway Tires market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Off-Highway Tires market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Off-Highway Tires market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Off-Highway Tires market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Off-Highway Tires market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Off-Highway Tires
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Off-Highway Tires market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Goodyear, Cooper, Bridgestone, BFGoodrich Tires and Continental, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Off-Highway Tires market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
All-Terrain Tires
Mud-Terrain Tires
Rock-Crawling Tires
Sand Tires
Others
Market segment by Application
Automotive
Motorcycles
Construction Machinery
Agricultural Machinery
Others
Major players covered
Goodyear
Cooper
Bridgestone
BFGoodrich Tires
Continental
General Tire
Toyo Tires
Kumho Tire
Falken Tire
Mickey Thompson
Michelin
Sumitomo tires
Hankook
Pirelli
Yokohama
Apollo Tyres
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Off-Highway Tires product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Off-Highway Tires, with price, sales, revenue and global market share of Off-Highway Tires from 2018 to 2023.
Chapter 3, the Off-Highway Tires competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Off-Highway Tires breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Off-Highway Tires market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Off-Highway Tires.
Chapter 14 and 15, to describe Off-Highway Tires sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Off-Highway Tires. Industry analysis & Market Report on Off-Highway Tires is a syndicated market report, published as Global Off-Highway Tires Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Off-Highway Tires market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.