Global Mining Truck Tire Market Growth 2023-2029
The global Mining Truck Tire market size is projected to grow from US$ 140.9 million in 2022 to US$ 189.9 million in 2029; it is expected to grow at a CAGR of 4.4% from 2023 to 2029.
Consumption of off-highway vehicles has surged in 2021 and is expected to rise further due to increased government spending on infrastructure projects, mining companies, agricultural mechanization and factory equipment due to increased metal consumption. Increasing demand for off-highway vehicles will increase the demand for off-road tires for this equipment in the coming decades.
LPI (LP Information)' newest research report, the “Mining Truck Tire Industry Forecast” looks at past sales and reviews total world Mining Truck Tire sales in 2022, providing a comprehensive analysis by region and market sector of projected Mining Truck Tire sales for 2023 through 2029. With Mining Truck Tire sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mining Truck Tire industry.
This Insight Report provides a comprehensive analysis of the global Mining Truck Tire landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mining Truck Tire portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mining Truck Tire market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mining Truck Tire and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mining Truck Tire.
This report presents a comprehensive overview, market shares, and growth opportunities of Mining Truck Tire market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pneumatic
Solid
Polyurethane
Segmentation by application
OEM
Aftermarket
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Camso
Titan
Continental
Trelleborg
Michelin
Aichi
Mitas
Advance
Hankook
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mining Truck Tire market?
What factors are driving Mining Truck Tire market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mining Truck Tire market opportunities vary by end market size?
How does Mining Truck Tire break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.