Global Off the Road (OTR) Tire

Global Off the Road (OTR) Tire Market Research Report: Forecast (2022-2027)

By Type of End-Users (Construction, Industrial, Mining, Agriculture, Ports), By Type of Equipment (Earth Moving Equipment, Material Handling Equipment, and Agricultural Equipment), By Type of Tire (Ra Read more

  • Tire
  • Sep 2022
  • 209
  • TR44001

Market Definition

Unlike normal tires, Off-the-Road (OTR) tires have deep tread patterns that provide better traction on unpaved surfaces like rocks, boulders, sand, dirt, snow, & mud. These tires comprise broader grooves between tread blocks and reinforced sidewalls, which provide higher puncture resistance. With high heat & rolling resistance and superior durability, OTR tires are utilized extensively across different sectors like construction, mining, recreation, & agriculture, among others.

Market Overview

The Global Off-the-Road (OTR) Tire Market is projected to grow at a CAGR of around 4.8% during the forecast period, i.e., 2022-27. Most of the market expansion is driven by the expanding fleet size of heavy-duty vehicles, especially construction & material handling equipment, across the agriculture, building & construction, and mining industries.

With increasing infrastructural developments & construction activities associated with bridges, highways, ports, dams, power plants, etc., the construction industry is rapidly expanding worldwide, i.e., generating a constant demand for heavy equipment and, consequently, for OTR tires, in order to attain excellent traction on challenging road conditions at these project sites.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR(2022-27) 4.8%
Regions Covered North America: USA, Canada, Mexico
Europe: Turkey, United Kingdom, Germany, Italy, France, Poland, Ukraine, Hungary, Spain, Sweden, Russia
Asia-Pacific: China, India, Japan, South Korea, Australia, Malaysia, Philippines, Thailand, Singapore, New-Zealand, Indonesia
South America: Brazil, Argentina, Chile, Colombia, Cuba
Middle East & Africa:   Saudi Arabia, UAE, Iran, South Africa, Algeria, Morocco, Nigeria, Ethiopia, Sudan, Somalia
Key Companies Profiled Yokohama Rubber Co., Goodyear Tire and Rubber Company, Apollo Tyres Ltd., Bridgestone Corporation, Prometeon Tyres Group SRL, China National Tyre and Rubber, Michelin, Hankook Tyre Co. Ltd., Cooper Tires, Toyo, Continental, Balkrishna Industries Limited, Triangle, etc.
Unit Denominations USD Million/Billion

 

Moreover, the mining sector, especially across the Middle East, is also flourishing at a significant pace and contributing to the off-the-road tire market growth owing to increasing oil exploration activities that require mining equipment, which, consequently, is infusing the demand for OTR tires. Furthermore, the increasing trend of automation in several industries, the proliferating farm mechanization, and growing consumer inclination toward recreational activities on dirt bikes & quads are other prominent aspects predicted to boost the off-the-road tire industry over the forecast years. 

Covid-19 Impact on the Global Off-the-Road (OTR) Tire Market

The advent of Covid-19 caused significant disruptions to several industries worldwide, and the Off-the-Road (OTR) Tire Market was no exception. With the lockdown imposition by governments worldwide to control the crisis, all business operations & construction activities came to a standstill position.

Reverse labor migration in Asia-Pacific & the Middle East and improper logistics support to construction equipment across North America, Europe, etc., were some after-effects of the pandemic that disrupted the construction industry and, in turn, hampered the demand for OTR tires. Further, the downward spiral of crude oil prices and supply glut also choked the construction activities across several economies, especially in the Middle East & Africa, which eventually negatively impacted the production & sales of OTR tires.

  1. Introduction
    1. Research Process
    2. Assumptions
    3. Glossary
    4. Market Segmentation
  2. Executive Summary
  3. Expert Verbatim- What the experts say?
    1. Brand Awareness
    2. End-User Expectation
    3. Key Factors Impacting Vendor Selection
    4. Key Issues Encountered
    5. Vendor’s Receptiveness to Address Key Customer Issues
    6. Future Requirements
  4. Global Off the Road Vehicle Tire Market Analysis, 2017-2027F
    1. Market Potential & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Segmentation & Analysis
      1. By End-Users
        1. Construction
        2. Industrial
        3. Mining
        4. Agriculture
        5. Ports
    3. By Type of Equipment
      1. Earth Moving Equipment
        1. Excavator
        2. Roller
        3. Bulldozer
        4. Cranes
        5. Grader
        6. Loader
        7. Others
      2.  Material Handling Equipment
        1. Tipper
        2. Forklift
      3. Agricultural Equipment
        1. Tractor
        2. Farm Trucks
        3. Harvester
        4. Others
    4. By Type of Tire
      1. Radial
      2. Bias
      3. Non-Pneumatic Tires
    5. By Demand Type
      1. OEMs
      2. Aftermarket
    6. By Price Category
      1. Budget
      2. Premium
      3. Economy
    7. By Rim Size
      1. Up to 20"
      2. 20.1" to 26"
      3. 26.1" to 35"
      4. 35.1" to 47"
      5. Above 47"
    8. By Region
      1. North America
      2. South America
      3. Europe
      4. Middle East
      5. Africa
      6. Asia-Pacific
    9. By Company
      1. Revenue Shares
      2. Strategic Factorial Indexing
      3. Competitor Placement in MarkNtel Quadrant
  5. North America Off the Road Vehicle Tire Market Analysis, 2017-2027F
    1. Market Potential & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Segmentation & Analysis
      1. By End-Users
      2. By Type of Equipment
      3. By Type of Tire
      4. By Type of Demand
      5. By Price Category
      6. By Country
        1. United States
        2. Canada
        3. Mexico
    3. The United States Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    4. Canada Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    5. Mexico Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
  6. South America Off the Road Vehicle Tire Market Analysis, 2017-2027F
    1. Market Potential & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Segmentation & Analysis
      1. By End-Users
      2. By Type of Equipment
      3. By Type of Tire
      4. By Type of Demand
      5. By Price Category
      6. By Country
        1. Brazil
        2. Argentina
        3. Chile
        4. Colombia
        5. Cuba
    3. Brazil Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    4. Argentina Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    5. Chile Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    6. Colombia Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    7. Cuba Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
  7. Europe Off the Road Vehicle Tire Market Analysis, 2017-2027F
    1. Market Potential & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Segmentation & Analysis
      1. By End-Users
      2. By Type of Equipment
      3. By Type of Tire
      4. By Type of Demand
      5. By Price Category
      6. By Country
        1. Turkey
        2. United Kingdom
        3. Germany
        4. Italy
        5. France
        6. Poland
        7. Ukraine
        8. Hungary
        9. Spain
        10. Sweden
        11. Russia
    3. Turkey Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    4. The United Kingdom Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    5. Germany Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    6. Italy Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    7. France Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    8. Poland Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    9. Ukraine Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    10. Hungary Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    11. Spain Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    12. Sweden Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    13. Russia Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
  8. Middle East Off the Road Vehicle Tire Market Analysis, 2017-2027F
    1. Market Potential & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Segmentation & Analysis
      1. By End-Users
      2. By Type of Equipment
      3. By Type of Tire
      4. By Type of Demand
      5. By Price Category
      6. By Country
        1. Saudi Arabia
        2. UAE
        3. Iran
    3. Saudi Arabia Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    4. UAE Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    5. Iran Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
  9. Africa Off the Road Vehicle Tire Market Analysis, 2017-2027F
    1. Market Potential & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Segmentation & Analysis
      1. By End-Users
      2. By Type of Equipment
      3. By Type of Tire
      4. By Type of Demand
      5. By Price Category
      6. By Country
        1. South Africa
        2. Algeria
        3. Morocco
        4. Nigeria
        5. Ethiopia
        6. Sudan
        7. Somalia
    3. South Africa Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    4. Algeria Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    5. Morocco Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    6. Nigeria Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    7. Ethiopia Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    8. Sudan Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    9. Somalia Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
  10. Asia-Pacific Off the Road Vehicle Tire Market Analysis, 2017-2027F
    1. Market Potential & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Segmentation & Analysis
      1. By End-Users
      2. By Type of Equipment
      3. By Type of Tire
      4. By Type of Demand
      5. By Price Category
      6. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Malaysia
        7. Philippines
        8. Thailand
        9. Singapore
        10. New-Zealand
        11. Indonesia
    3. China Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    4. India Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    5. Japan Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    6. South Korea Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    7. Australia Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    8. Malaysia Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    9. The Philippines Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    10. Thailand Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    11. Singapore Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    12. New-Zealand Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
    13. Indonesia Off the Road Vehicle Tire Market Analysis, 2017-2027F
      1. Market Potential & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Segmentation & Analysis
        1. By End-Users
        2. By Type of Equipment
        3. By Type of Tire
        4. By Type of Demand
        5. By Price Category
  11. Global Off the Road Vehicle Tire Market Trends & Insights
  12. Global Off the Road Vehicle Tire Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  13. Global Off the Road Vehicle Tire Market Hotspot & Opportunities
  14. Global Off the Road Vehicle Tire Market Key Strategic Imperatives for Success & Growth
  15. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Specialization
      3. Target Markets
      4. Target End Users
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Yokohama Rubber Co.
      2. Goodyear Tire and Rubber Company
      3. Apollo Tyres Ltd.
      4. Bridgestone Corporation
      5. Prometeon Tyres Group S.R.L
      6. China National Tyre and Rubber
      7. Michelin
      8. Hankook Tyre Co. Ltd.
      9. Cooper Tires
      10. Toyo
      11. Continental
      12. Balkrishna Industries Limited
      13. Triangle
  16. Disclaimer
OTR Tire Market Segmentation
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