Market Research

Global OTR Tires Market Size and Forecast 2023-2032|Yokohama Rubber Company, JK Tyre & Industries Ltd., Goodyear Tire and Rubber Company, Michelin, Pirelli,

The OTR Tires Global Market Report 2023 by The Business Research Company, provides otr tires market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

Learn More On The OTR Tires Market:

https://www.thebusinessresearchcompany.com/report/otr-tyre-global-market-report

According to The Business Research Company’s OTR Tires Global Market Report 2023, the market size is expected to grow from $14.82 billion in 2022 to $16.44 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global otr tires is expected to grow to $22.84 billion in 2027 at a CAGR of 8.6%.

The use of agricultural machines in day-to-day activity is expected to propel the growth of the OTR tires market going forward. Agricultural machines are the machines that are used in agriculture for farming purposes. Due to higher labor costs, a shift towards automation has increased the use of machine hours in agriculture, leading to the increased use of agricultural tractors and machinery. The growing adoption of OTR tire-based tractors and loaders in agricultural farms positively influences the OTR tires market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample_request?id=6115&type=smp

The otr tires market is segmented:

1) By Type: Radial Tires, Bias Tires, Solid Tires, Other Types

2) By Process: Pre-Cure, Mold Cure

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

4) By Sales Channel: Original Equipment Manufacturer, Aftermarket

5) By End-User: Construction and Mining, Industrial, Agricultural, Other End Users

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. For instance, in March 2021, Goodyear, a US-based manufacturer of tires and rubber, launched the new EV-4M Port Handler with a focus on improved tread wear to help increase efficiency. The new tire features a high-strength bead bundle, sidewall inserts, a stronger wedge, and a durable casing. Improved treadwear, durability, comfort, and stability, as well as higher efficiency and operational efficiency, are all benefits of these tires.

The otr tires market report table of contents includes:

1. Executive Summary

2. Table Of Contents

3. List Of Figures

4. List Of Tables

5. Report Structure

.

.

.

26. Company Profiles

27. Key Mergers And Acquisitions

28.Opportunities And Strategies

29. OTR Tires Market, Conclusions And Recommendations

30. Appendix

Top Major Players:

  • Yokohama Rubber Company
  • JK Tyre & Industries Ltd
  • Goodyear Tire and Rubber Company
  • Michelin
  • Pirelli

Contact Us: The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Starter Credit Cards Market Demand, Size, Share, Trends And Forecast 2024-2033

The starter credit cards global market report 2024 from The Business Research Company provides comprehensive…

1 day ago

School Bus Market Key Major Players, Growth, Overview 2033

The school bus global market report 2024 from The Business Research Company provides comprehensive market…

1 day ago

Polyethylene Terephthalate (PET) Cups Market Size, Industry Share, Analysis And Forecast 2024-2033

The polyethylene terephthalate (pet) cups global market report 2024 from The Business Research Company provides…

1 day ago

Organic Pet Food Market Size, In-Depth Analysis And Demand Factors 2033

The organic pet food global market report 2024 from The Business Research Company provides comprehensive…

1 day ago

Octadecanedioic Acid Market Forecast, Share, Size Overview By 2033

The octadecanedioic acid global market report 2024 from The Business Research Company provides comprehensive market…

1 day ago

Mobile Enterprise Application Market Share, Demand, Industry Report To 2033

The mobile enterprise application global market report 2024 from The Business Research Company provides comprehensive…

1 day ago