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Market Research Report
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1053121

Global OTR Tires Market Size study, by Product, by Application, by Agriculture Tractors and Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global OTR Tires Market Size study, by Product, by Application, by Agriculture Tractors and Regional Forecasts 2021-2027
Published: January 20, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global OTR Tires Market is valued at approximately USD 7.00 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.00% over the forecast period 2021-2027. OTR tires are off the road tires which are best for commercial trucking fleets. A proper tire selection can mean the difference between unnecessary roadside breakdowns and increased profitability. Also, Off-the-road (OTR) tires may be the best choice for fleets with frequent or continuous off-road applications to avoid the cost of repairs and maintenance. Increased infrastructural development in construction, increase in machine-oriented agricultural practices have led to the adoption of OTR Tires across the forecast period. For Instance: As per the Global Infrastructure Outlook, investments in infrastructural development are estimated to be worth USD 2.8 trillion in 2021, whereas the estimated investment need is USD 3.2 trillion during the year. Also, with the developing alternative cost-effective and recyclable raw materials, the adoption & demand for OTR Tires is likely to increase the market growth during the forecast period. However, availability of low-cost tires impedes the growth of the market over the forecast period of 2021-2027.

Global OTR Tires Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is among the fastest-developing regions due to connectivity set-up and promoting sustainable growth initiatives by the government. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as increasing urbanization, increase in construction and mining activities would create profitable growth prospects for the OTR Tires Market across Asia-Pacific region.

Major market players included in this report are:

Double Coin Tire Group Ltd

Continental AG (Germany)

Bridgestone Corporation (Japan)

Michelin (France)

Goodyear Tire & Rubber Company (US)

Pirelli & C. S.P.A. (Italy)

Yokohama

Hankook Tire

Nokian

Ceat

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Application within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Wheeled Tires

Rubber Tracks

By Application:

Construction and Mining Equipment

Agriculture tractors

By Agriculture Tractors:

<30 HP

31-70 HP

71-130 HP

131-250 HP

>250 HP

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global OTR Tires Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Global OTR Tires Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Global OTR Tires Market, by Product, 2019-2027 (USD Billion)
    • 1.2.3. Global OTR Tires Market, by Application, 2019-2027 (USD Billion)
    • 1.2.4. Global OTR Tires Market, by Agriculture Tractors, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global OTR Tires Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global OTR Tires Market Dynamics

  • 3.1. OTR Tires Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increased infrastructural development in construction
      • 3.1.1.2. Increase in machine-oriented agricultural practices
    • 3.1.2. Market Challenges
      • 3.1.2.1. Availability of low-cost tires
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Developing alternative cost-effective and recyclable raw materials

Chapter 4. Global OTR Tires Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the Agriculture Tractors
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global OTR Tires Market, by Product

  • 6.1. Market Snapshot
  • 6.2. Global OTR Tires Market by Product, Performance - Potential Analysis
  • 6.3. Global OTR Tires Market Estimates & Forecasts by Product, 2018-2027 (USD Billion)
  • 6.4. OTR Tires Market, Sub Segment Analysis
    • 6.4.1. Wheeled Tires
    • 6.4.2. Rubber Tracks

Chapter 7. Global OTR Tires Market, by Application

  • 7.1. Market Snapshot
  • 7.2. Global OTR Tires Market by Application, Performance - Potential Analysis
  • 7.3. Global OTR Tires Market Estimates & Forecasts by Application, 2018-2027 (USD Billion)
  • 7.4. OTR Tires Market, Sub Segment Analysis
    • 7.4.1. Construction and Mining Equipment
    • 7.4.2. Agriculture Tractors

Chapter 8. OTR Tires Market, by Agriculture Tractors

  • 8.1. Market Snapshot
  • 8.2. OTR Tires Market by Agriculture Tractors, Performance - Potential Analysis
  • 8.3. OTR Tires Market Estimates & Forecasts by Agriculture Tractors, 2018-2027 (USD Billion)
  • 8.4. OTR Tires Market, Sub Segment Analysis
    • 8.4.1. <30 HP
    • 8.4.2. 31-70 HP
    • 8.4.3. 71-130 HP
    • 8.4.4. 131-250 HP
    • 8.4.5. >250 HP

Chapter 9. Global OTR Tires Market, Regional Analysis

  • 9.1. OTR Tires Market, Regional Market Snapshot
  • 9.2. North America OTR Tires Market
    • 9.2.1. U.S. OTR Tires Market
      • 9.2.1.1. Product breakdown estimates & forecasts, 2018-2027
      • 9.2.1.2. Application breakdown estimates & forecasts, 2018-2027
      • 9.2.1.3. Agriculture Tractors breakdown estimates & forecasts, 2018-2027
    • 9.2.2. Canada OTR Tires Market
  • 9.3. Europe OTR Tires Market Snapshot
    • 9.3.1. U.K. OTR Tires Market
    • 9.3.2. Germany OTR Tires Market
    • 9.3.3. France OTR Tires Market
    • 9.3.4. Spain OTR Tires Market
    • 9.3.5. Italy OTR Tires Market
    • 9.3.6. Rest of Europe OTR Tires Market
  • 9.4. Asia-Pacific OTR Tires Market Snapshot
    • 9.4.1. China OTR Tires Market
    • 9.4.2. India OTR Tires Market
    • 9.4.3. Japan OTR Tires Market
    • 9.4.4. Australia OTR Tires Market
    • 9.4.5. South Korea OTR Tires Market
    • 9.4.6. Rest of Asia Pacific OTR Tires Market
  • 9.5. Latin America OTR Tires Market Snapshot
    • 9.5.1. Brazil OTR Tires Market
    • 9.5.2. Mexico OTR Tires Market
  • 9.6. Rest of The World OTR Tires Market

Chapter 10. Competitive Intelligence

  • 10.1. Top Market Strategies
  • 10.2. Company Profiles
    • 10.2.1. Double Coin Tire Group Ltd
      • 10.2.1.1. Key information
      • 10.2.1.2. Overview
      • 10.2.1.3. Financial (subject to data availability)
      • 10.2.1.4. product summary
      • 10.2.1.5. Recent developments
    • 10.2.2. Continental AG (Germany)
    • 10.2.3. Bridgestone Corporation (Japan),
    • 10.2.4. Michelin (France)
    • 10.2.5. Goodyear Tire & Rubber Company (US)
    • 10.2.6. Pirelli & C. S.P.A. (Italy)
    • 10.2.7. Yokohama
    • 10.2.8. Hankook Tire
    • 10.2.9. Nokian
    • 10.2.10. Ceat

Chapter 11. Research Process

  • 11.1. Research Process
    • 11.1.1. Data Mining
    • 11.1.2. Analysis
    • 11.1.3. Market Estimation
    • 11.1.4. Validation
    • 11.1.5. Publishing
  • 11.2. Research Attributes
  • 11.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global OTR Tires Market, report scope
  • TABLE 2. Global OTR Tires Market estimates & forecasts by Region 2018-2027 (USD Billion)
  • TABLE 3. Global OTR Tires Market estimates & forecasts by Product 2018-2027 (USD Billion)
  • TABLE 4. Global OTR Tires Market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 5. Global OTR Tires Market estimates & forecasts by Agriculture Tractors 2018-2027 (USD Billion)
  • TABLE 6. Global OTR Tires Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global OTR Tires Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global OTR Tires Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global OTR Tires Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global OTR Tires Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global OTR Tires Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global OTR Tires Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global OTR Tires Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global OTR Tires Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global OTR Tires Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. U.S. OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. U.S. OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 18. U.S. OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 19. Canada OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. Canada OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 21. Canada OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 22. UK OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 23. UK OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. UK OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. Germany OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 26. Germany OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. Germany OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. RoE OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 29. RoE OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. RoE OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. China OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 32. China OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. China OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. India OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 35. India OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. India OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. Japan OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 38. Japan OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. Japan OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. RoAPAC OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 41. RoAPAC OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. RoAPAC OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. Brazil OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 44. Brazil OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 45. Brazil OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. Mexico OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 47. Mexico OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 48. Mexico OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. RoLA OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 50. RoLA OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 51. RoLA OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. Row OTR Tires Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 53. Row OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 54. Row OTR Tires Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. List of secondary sources, used in the study of Global OTR Tires Market
  • TABLE 56. List of primary sources, used in the study of Global OTR Tires Market
  • TABLE 57. Years considered for the study
  • TABLE 58. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global OTR Tires Market, research methodology
  • FIG 2. Global OTR Tires Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global OTR Tires Market, key trends 2020
  • FIG 5. Global OTR Tires Market, growth prospects 2021-2027
  • FIG 6. Global OTR Tires Market, porters 5 force model
  • FIG 7. Global OTR Tires Market, pest analysis
  • FIG 8. Global OTR Tires Market, value chain analysis
  • FIG 9. Global OTR Tires Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global OTR Tires Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global OTR Tires Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global OTR Tires Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global OTR Tires Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global OTR Tires Market, regional snapshot 2018 & 2027
  • FIG 15. North America OTR Tires Market 2018 & 2027 (USD Billion)
  • FIG 16. Europe OTR Tires Market 2018 & 2027 (USD Billion)
  • FIG 17. Asia pacific OTR Tires Market 2018 & 2027 (USD Billion)
  • FIG 18. Latin America OTR Tires Market 2018 & 2027 (USD Billion)
  • FIG 19. Global OTR Tires Market, company market share analysis (2020)