Global Agricultural Tires Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Agricultural Tires market size was valued at USD 8009.3 million in 2022 and is forecast to a readjusted size of USD 9860.2 million by 2029 with a CAGR of 3.0% during review period.
Global 5 largest manufacturers of Agricultural Tires are Michelin, Bridgestone, Titan International, BKT and Xuzhou Armour Rubber Company, which make up over 50%. Among them, Michelin dominates with over 15% production value share, followed by Bridgestone (13%) and Titan International (8%).
Japan is the largest market, holding a share over 30%, followed by China and North America, with shares 30% and 15% separately.
Based on the product type, the Agricultural Tire is primarily split into Bias Tire and Radial Tire. The leading type is Bias Tire, with a market share over 80%.
Based on the Application, the Agricultural Tire market can be sub-segmented into several major Application, like Tractor and Harvester. The largest segment is Tractor, accounting for over 80%.
The Global Info Research report includes an overview of the development of the Agricultural Tires industry chain, the market status of Tractor (Bias Tire, Radial Tire), Harvester (Bias Tire, Radial Tire), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Agricultural Tires.
Regionally, the report analyzes the Agricultural Tires markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Agricultural Tires market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Agricultural Tires market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Agricultural Tires industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Bias Tire, Radial Tire).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Agricultural Tires market.
Regional Analysis: The report involves examining the Agricultural Tires market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Agricultural Tires market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Agricultural Tires:
Company Analysis: Report covers individual Agricultural Tires manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Agricultural Tires This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Tractor, Harvester).
Technology Analysis: Report covers specific technologies relevant to Agricultural Tires. It assesses the current state, advancements, and potential future developments in Agricultural Tires areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Agricultural Tires market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Agricultural 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.
Market segment by Type
Bias Tire
Radial Tire
Market segment by Application
Tractor
Harvester
Others
Major players covered
Michelin
Bridgestone
Titan International
Trelleborg
Yokohama Tire
Xugong Tyres
ZC Rubber
Nokian
Apollo Tyres
BKT
Guizhou Tyre
Taishan Tyre
Shandong Zhentai
Double Coin
CEAT
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 Agricultural Tires product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Agricultural Tires, with price, sales, revenue and global market share of Agricultural Tires from 2018 to 2023.
Chapter 3, the Agricultural Tires competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Agricultural 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 Agricultural 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 Agricultural Tires.
Chapter 14 and 15, to describe Agricultural Tires sales channel, distributors, customers, research findings and conclusion.