The Business Research Company’s report goes into great detail on the OTR tyre market size and growth, OTR tyre market regional analysis, OTR tyre market competitive landscape, and other critical information needed to excel in the OTR tyre industry.

Major players in the OTR tyre market include Yokohama Rubber Company, JK Tyre & Industries Ltd, Goodyear Tire and Rubber Company, Michelin, Pirelli, Continental AG, Bridgestone, Sumitomo, MRF, Apollo Tyres Ltd., Kumho Tire, Prometeon Tyre Group S.R.L., Hankook Tyre Co. Ltd., Metro Exporters Private Limited, and CEAT Ltd.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global OTR tires market size is expected to grow from $13.14 billion in 2021 to $14.62 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The global OTR tyres market size is expected to grow to $20.17 billion in 2026 at a CAGR of 8.4%.

Asia pacific was the largest region in the OTR tire market in 2021.

The OTR tires market consists of the sales of OTR Tires by entities (manufacturers, sole traders, and partnerships) that are used for heavy-duty vehicles such as rigid dump trucks, loaders, reach stackers, various other types of specialty vehicles in ports, construction sites, and surface or underground mining. OTR Tire market caters to the needs of industries and establishments such as agriculture, mining, and quarrying, construction. These are designed for vehicles that frequently travel on difficult terrain, the tires are used to support large amounts of weight to guide the vehicles through challenging conditions.

The use of agricultural machines in day-to-day activity is expected to propel the growth of the OTR tires market going forward.

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The new product innovations have emerged as a key trend gaining popularity in the OTR tires market. Product innovations including tires that provide improved tread wear and increased comfort to the driver are gaining popularity in the market.

TBRC’s Global OTR Tyre Market Report Is Segmented:
By Type: Radial Tires, Bias Tires, Solid Tires, Others

By Process: Pre-Cure, Mold Cure

By Vehicle Type: Loaders, Dump Truck, Graders, Cranes, Dumpers, Tractors, Forklifts

By Sales Channel: Original Equipment Manufacturer, Aftermarket

By End-User: Construction and Mining, Industrial, Agricultural, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The OTR Tyre Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the OTR tyre market globally and regionally, analyzes and forecasts market size, share, OTR tyre market players, OTR tyre market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Tire Cord Fabrics Global Market Report 2022

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Styrene Butadiene Rubber (SBR) Global Market Report 2022

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