According to a new market research report published
by Global Market Estimates, the Global Off the Road Tire Market is projected to
grow from USD 4.9 billion in 2022 to USD 16.4 billion in 2027 at a CAGR of 5.4%
from 2022 to 2027.
The major drivers of off the road tire market are increased disposable
income of developing countries, demand for tires required in agricultural and
mining activities. There is an increased demand for medium to large sized
tractors which uses off the road tires. Due to steady increase in agriculture
activity, there will be significant market growth in the forecast period. Increasing
construction activities like excavation, welding, marking & grading needs
heavy rollers and machinery. They use different types of off the road tires.
This is another key factor which drives the market.
Browse 153 Market Data Tables and 113 Figures spread through 185
Pages and in-depth TOC on “Global Off the Road Tire Market - Forecast to 2027’’ https://www.globalmarketestimates.com/market-report/off-the-road-tire-market-3822
Bridgestone Corporation, Goodyear, Apollo Tyres, Michelin, Toyo Tire
Corp., Continental AG, Titan, Yokohama, Nokian Tyres, Triangle Group, among
others, are key players in the Off the Road Tire market.
Tire
Type Outlook (Revenue, USD Billion, 2022-2027)
·
Radial
·
Bias
·
Solid
Sales Channel Type (Revenue, USD Billion,
2022-2027)
·
Aftermarket
·
OEM
Application
Outlook (Revenue, USD Billion, 2022-2027)
·
Construction
·
Agriculture
·
Mining
Regional Outlook
(Revenue, USD Billion, 2022-2027)
North America
Europe
Asia Pacific
Central
& South America
Middle
East & Africa
Contact: Yash Jain
Email address:
yash.jain@globalmarketestimates.com
Phone Number: +1
6026667238