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.
Sales Channel Type (Revenue, USD Billion, 2022-2027)
Application Outlook (Revenue, USD Billion, 2022-2027)
Regional Outlook (Revenue, USD Billion, 2022-2027)
Central & South America
Middle East & Africa
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