DUBLIN--(BUSINESS WIRE)--The "OTR Tires - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Off-The-Road (OTR) Tires market accounted for $5.51 billion in 2018 and is expected to reach $9.22 billion by 2027 growing at a CAGR of 5.9% during the forecast period.
Some of the key factors influencing the market growth include increasing demand for agriculture tractors and construction & mining equipment caused by mechanization, increasing sales of off-highway vehicles and an increase in manufacturing activities. However, fluctuating raw material prices is restricting the market growth.
OTR (Off-the-Road) tires are designed to improve performance and stability and provide traction on different unpaved surfaces including sand, mud, dirt, and others. OTR tires are widely used at dam construction sites, civil engineering sites, sand and gravel at mining, agriculture sector, and others.
Amongst end-user, the construction and mining segment has significant growth during the forecast period. The advancements in construction & mining equipment, such as automation and electrification, have helped the fleet operators to use the equipment in multiple shifts. This has led to decreased tire replacement duration, thereby leading to the increased demand for aftermarket tires.
Some of the key players in global Off-The-Road (OTR) Tires market are JK Tyre, Bridgestone, Hawk International Rubber, Pirelli, Continental, Hankook Tire, MRF, Ceat, BKT, Michelin, Sumitomo, Doublestar, Apollo, Fujian Haian Rubber, Yokohama Tire, Alliance Tire Group, Double Coin Holdings, Dunlop, Prometeon Tyre Group S.R.L., and The Good Year Tire Company.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Off-The-Road (OTR) Tires Market, By Construction Type
5.1 Introduction
5.2 Belted Bias Tire
5.3 Bias Tire
5.4 Radial
5.5 Non-Pneumatic Tires
5.6 Solid
6 Global Off-The-Road (OTR) Tires Market, By Size
6.1 Introduction
6.2 Above 60 Inch
6.3 50.1-60 Inch
6.4 40.1-50 Inch
6.5 25.1-40 Inch
6.6 20.1-25 Inch
6.7 15-20 Inch
7 Global Off-The-Road (OTR) Tires Market, By Process
7.1 Introduction
7.2 Mold Cure
7.3 Pre-Cure
8 Global Off-The-Road (OTR) Tires Market, By Rim Size
8.1 Introduction
8.2 50.1 Inch - 63.0 inch
8.3 25.1 Inch - 49.9 inch
8.4 < 24.9 Inch
9 Global Off-The-Road (OTR) Tires Market, By Product
9.1 Introduction
9.2 Rubber Tracks
9.3 Wheeled
10 Global Off-The-Road (OTR) Tires Market, By Vehicle Type
10.1 Introduction
10.2 Material Handling Equipment
10.3 Earthmovers
10.4 Dumpers
10.5 Cranes
10.6 Loader and Dozers
10.7 Dump Truck
10.8 Graders
11 Global Off-The-Road (OTR) Tires Market, By Demand Category
11.1 Introduction
11.2 Replacement
11.3 Original Equipment Manufacturers (OEM)
11.4 Aftermarket
12 Global Off-The-Road (OTR) Tires Market, By End User
12.1 Introduction
12.2 Industrial
12.3 Construction & Mining
12.4 Agricultural
12.5 Ports Tire Sizes
12.6 Defense
12.7 Forestry and Light Duty
12.8 Other End Users
13 Global Off-The-Road (OTR) Tires Market, By Geography
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 South America
13.6 Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 JK Tyre
15.2 Bridgestone
15.3 Hawk International Rubber
15.4 Pirelli
15.5 Continental
15.6 Hankook Tire
15.7 MRF
15.8 Ceat
15.9 BKT
15.10 Michelin
15.11 Sumitomo
15.12 Doublestar
15.13 Apollo
15.14 Fujian Haian Rubber
15.15 Yokohama Tire
15.16 Alliance Tire Group
15.17 Double Coin Holdings
15.18 Dunlop
15.19 Prometeon Tyre Group S.R.L.
15.20 The Good Year Tire Company
For more information about this report visit https://www.researchandmarkets.com/r/aa92i9
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