Monday , April 19 2021

OTR Tire Market Forecast to 2025: QY Research – thebusinesstactics.com



This report OTR tires market size (value and volume) by players, regions, product types and final industries, historical data 2013-2017 and forecast data 2018-2025; This report also looks at the scenario of global market competition, drivers and market trends, opportunities and challenges, risks and barriers to entry, sales channels, distributors, and Porter's Five Forces Analysis.

OTR tires (Off-the-road tires) are used for large-scale machinery in construction and mining and other locations without roads. These tires are made primarily with premium casings and durable compounds. Off-road tires provide substantial support for machines used at various civil engineering sites, including large dump trucks, land and gravel at mining sites and dam construction, earth-moving tractors and graders for road construction and removal of snow.

The volume of production and sales of OTR tires is directly affected by downstream industries and the global economy. Over the past six years, the construction and mining equipment market has experienced rapid growth and decline as well as the OTR tire market. Demand for OTR tires peaked in 2013, just as the construction and mining equipment industry experienced. And over the past two years, the OTR tire industry has faced a decline that seems almost hard to bear for related companies.

As the growth rate of the global economy is expected to slow, especially in China, which is one of the largest markets for OTR tires; The OTR tire market over the next five years does not seem to take advantage of this rapid growth. But as the market in India, Africa and some other developing regions is also promising, the OTR tire industry is expected to recover after 2016, although it will not grow as fast as before 2013.

Currently OTR Tires' overall production capacity is far superior to what is really needed. The capacity utilization rate of OTR tire manufacturers is not satisfactory. And as there are more than 100 OTR tire manufacturers worldwide, competition in the market is quite fierce. But it is anticipated that the number of OTR tires worldwide can be reduced, as some companies may not be able to fight to survive.

The global OTR tire market is valued at $ 11900 million in 2017 and will reach $ 16 billion by the end of 2025, growing at a CAGR rate of 3.7% during 2018-2025.

Get a sample PDF of the global OTR tires market report on https://www.qyresearch.com/sample-form/form/191009/global-otr-tires-market

The various employees involved in the product value chain include manufacturers, suppliers, distributors, intermediaries and customers.

Key Players:

Michelin

Bridgestone

Good year

Titan

Yokohama Tire

China National Tire and Rubber

Continental

Alliance Tire Group

BKT

Guizhou tire

Linglong tire

Apollo

Pirelli

Prinx Chengshan

Double Currency Participation

Triangle

Zhongce Rubber

Fujian Haian Rubber

Shandong Taishan Tire

Shandong Yinbao

Doublestar

JK Tire

Eurotire

Rubber International Hawk

Techking Tires

Product types:

Rim diameter ≤29 inches

29 inch <Edge Diameter ≤39 inch

Diameter of 39 inch <Kidney Diameter ≤49 inches

Hoop diameter> 49 inches

End User / Applications:

Construction

Mining

Door

Agricultural

From others

We can also provide separate, customized regional or national reports for the following regions:

North America

U.S

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central and South America

Brazil

Rest of Central and South America

Middle East & Africa

GCC Countries

Peru

Egypt

South Africa

Rest of the Middle East and Africa

Buy the full report now, (report will be delivered within 24-48 hours): https://www.qyresearch.com/settlement/pre/bb10e87758a0c761825a3bf7f08fa3f5,0,1,Global%20OTR%20Tires%20Market%20Professional%20Survey%20Report%202018

About Us:

QYResearch established in 2007, focus on personalized research, management consulting, IPO consulting, industrial chain research, database and seminar services. the company possessed a large basic database (such as National Bureau of Statistics database, import and export database, Industry Association Database etc.), resource specialists (included automotive chemical energy medical ICT consumer goods etc industries that have more than 10 years of experience in marketing or R & D), professional research team (the staff member with more than 3 years of market research experience and more than 2 years of in-depth experience in expert interviews). Excellent team of data analysis (SPSS statistics and team of graphic processes PPT).

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