OTR Tire Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

According to the report, the global OTR tire market size is projected to reach US$ 26 Bn by 2027, expanding at a CAGR of 4% during the forecast period 2020 to 2027, primarily driven by an increased use of tractors globally.

Competition Landscape

• Key players operating in the global OTR tire market include
  • Bridgestone Corporation,
  • Continental AG,
  • Yokohoma Tire Corporation,
  • MICHELIN,
  • Sumitomo Rubber Industries, Ltd.,
  • Nokian Tyres,
  • Trelleborg AB,
  • China National Tire & Rubber Co., Ltd.,
  • Balkrishna Industries Limited,
  • Apollo Tyres Ltd.,
  • Qingdao Rhino Tyre Co., Ltd.,
  • Titan International, Inc.,
  • Double Coin Tyre Group Ltd., and
  • riangle Group Co., Ltd.

Segmentation

• OTR Tire Market, by Industry Type
  • Construction & Mining
    • Excavators
    • Loaders
    • Dozers
    • Articulated Dump Trucks
    • Rigid Dump Trucks
    • Motor Scrappers
    • Motor Graders
  • Agricultural
    • Tractors
    • Agricultural Equipment
  • Industrial
    • Electric Rider Trucks
    • Electric Warehouse Trucks
    • IC Trucks
• OTR Tire Market, by Tire Type
  • Radial
  • Bias
  • Solid
• OTR Tire Market, by Rim Size
  • <25’’
  • 29’’-49’’
  • 51’’-63’’
• OTR Tire Market, by Sales Channel
  • OEM
  • Aftermarket
    • Construction & Mining
    • Agricultural
    • Industrial
• OTR Tire Market, by Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Research Methodology

This VRR report on the OTR tire market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The competitive scenario of the OTR tire market is supported by an assessment of the different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data, current trends with model mapping and announcement by the OEMs, researchers of the OTR tire market arrive at predictions and estimations, and calculate the forecast for the market.

This report uses an analytical triangulation method to estimate the numbers and figures of the OTR tire market, with both a bottom-up and top-down approach.

This detailed assessment of the OTR tire market, along with an overview of the landscape, has been provided based on a careful examination of the avenues related to this industry. Analysts’ conclusions on how the OTR tire market is set to grow are based on carefully vetted primary and secondary sources.

Key Questions Answered in this Report on Automotive OTR Tire Market

• How much revenue will the OTR tire market generate by the end of the forecast period?
• Which segment of the market is likely to have the maximum market share by 2027?
• What are the impact factors and there effects on the market for OTR tires?
• What regions currently contribute the maximum share to the overall OTR tire market?
• What are the indicators expected to drive the OTR tire market?
• What region is likely to be a lucrative market during the forecast period?
• What are the essential strategies incorporated by key stakeholders in the OTR tire market to expand their geographic presence?
• What are the major advancements witnessed in the OTR tire market?
• How regulatory norms affected the market for OTR tire market?