Global OTR Tire Supply, Demand and Key Producers, 2023-2029

Global OTR Tire Supply, Demand and Key Producers, 2023-2029

The global OTR Tire market size is expected to reach $ 11270 million by 2029, rising at a market growth of 3.6% CAGR during the forecast period (2023-2029).

Global 5 largest manufacturers of OTR Tire are Michelin, Bridgestone, China National Chemical & Rubber Group, Continental Tire and Yokohama Tire, which make up about 60%. Among them, Michelin is the leader with about 25% market share.

North America is the largest market, with a share about 30%, followed by Europe and China, with the share about 23% and 21%. In terms of product type, Radial Tire occupies the largest share of the total market, about 67%. And in terms of application, the largest application is Loader, followed by Concrete Machinery.

OTR Tires (Off-the-road tires) are utilized for large-scale machinery at construction and mining and other sites with no roads. These tires mainly made with premium casings and durable compounds. Off-the-road tires offer substantial support for machinery used at various civil engineering sites, including ultra-large dump trucks, earth and gravel at mining and dam construction sites, bulldozers for earth removal and graders for road construction and snow removal.

This report studies the global OTR Tire production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for OTR Tire, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of OTR Tire that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global OTR Tire total production and demand, 2018-2029, (K Units)

Global OTR Tire total production value, 2018-2029, (USD Million)

Global OTR Tire production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global OTR Tire consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: OTR Tire domestic production, consumption, key domestic manufacturers and share

Global OTR Tire production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global OTR Tire production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global OTR Tire production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).

This reports profiles key players in the global OTR Tire 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 Michelin, Bridgestone, Titan, Continental Tire, Goodyear, China National Chemical & Rubber Group, Xuzhou Armour Rubber Company Ltd, Yokohama Tire and Haian Tire, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World OTR Tire market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global OTR Tire Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global OTR Tire Market, Segmentation by Type
Radial Tire
Bias Tire
Solid Tire

Global OTR Tire Market, Segmentation by Application
Loader
Crane
Concrete Machinery
Mining Machine
Others

Companies Profiled:
Michelin
Bridgestone
Titan
Continental Tire
Goodyear
China National Chemical & Rubber Group
Xuzhou Armour Rubber Company Ltd
Yokohama Tire
Haian Tire
BKT
Guizhou Tire
Xingyuan tires
Double Coin Tire Group
Apollo
Sailun tires
Triangle tires
Linglong tires
JK Tyre
Taishan Shandong Tire

Key Questions Answered

1. How big is the global OTR Tire market?

2. What is the demand of the global OTR Tire market?

3. What is the year over year growth of the global OTR Tire market?

4. What is the production and production value of the global OTR Tire market?

5. Who are the key producers in the global OTR Tire market?

6. What are the growth factors driving the market demand?