Global Off The Road Tire Market Growth 2023-2029
Off-road tires are a category of vehicle tires that use deep tread to provide more traction on unpaved surfaces such as loose dirt, mud, sand, or gravel. Compared to ice or snow tires, they lack studs but contain deeper and wider grooves meant to help the tread sink into mud or gravel surfaces.
LPI (LP Information)' newest research report, the “Off The Road Tire Industry Forecast” looks at past sales and reviews total world Off The Road Tire sales in 2022, providing a comprehensive analysis by region and market sector of projected Off The Road Tire sales for 2023 through 2029. With Off The Road Tire sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Off The Road Tire industry.
This Insight Report provides a comprehensive analysis of the global Off The Road 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 Off The Road Tire portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Off The Road Tire market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Off The Road 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 Off The Road Tire.
The global Off The Road Tire market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Off-road tires are typically radials with thick, deep tread. On dirt surfaces, the exposed edges of the tread dig into soft ground to give more traction than rolling friction alone, analogous to the traction provided by cleated shoes. These off-road tires provide their maximum grip on loose surfaces, but on paved surfaces the smaller contact patch affords less traction as compared to street tires. Some off-road tires are designed to be used with low inflation pressure on difficult terrain, reducing their rigidity and allowing the tread to better conform to the terrain. Such a design may allow for use on a wider range of surfaces, but tubeless tires running under rated pressure run the risk of breaking their bead.
This report presents a comprehensive overview, market shares, and growth opportunities of Off The Road Tire market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Earthmovers
Loader and Dozers
Graders
Material Handling Equipment
Tractors and Agricultural Equipment
Segmentation by application
Aftermarket
OEM
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.
Bridgestone
Michelin
Goodyear
Yokohama Tire
China National Tyre & Rubber
MRF
Continental
Belshina
Cheng-Shin Rubber
Eurotire
Linglong Tire
BKT
Alliance TireGroup
Doublestar
Triangle
Fujian Haian Rubber
Prinx Chengshan
Apollo
Pirelli
Double Coin Holdings
Maxam Tire
Shandong Taishan Tyre
Shandong Yinbao
JK Tyre
Techking Tires
Hawk International Rubber
Dunlop
Key Questions Addressed in this Report
What is the 10-year outlook for the global Off The Road Tire market?
What factors are driving Off The Road Tire market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Off The Road Tire market opportunities vary by end market size?
How does Off The Road 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.