Global Off-The-Road Tyre Market Insights, and Forecast to 2025
Pune, India -- (SBWIRE) -- 04/30/2019 -- This report studies the Off-The-Road Tyre market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Off-The-Road Tyre market analysis segmented by companies, region, type and applications in the report.
OTR Tires (Off-the-road tires) are utilized for large-scale machinery at construction and mining and other sites with no roads. These tires mainly made with premium casings and durable compounds. Off-the-road tires offer substantial support for machinery used at various civil engineering sites, including ultra-large dump trucks, earth and gravel at mining and dam construction sites, bulldozers for earth removal and graders for road construction and snow removal.
The production and sales volume of OTR tires is directly affected by downstream industries and global economy. Over the past six years, the market of construction and mining equipment has experienced fast growth and decline, as well as the OTR Tires market. The demand of OTR Tires reached a peak in 2013, just as what the construction and mining equipment industry experienced. And over the past two years, the OTR tires industry has faced decline which seems almost hard to bear for related enterprises.
As the global economy growth rate is forecasted to slow down, especially in China, which is one of the largest markets of OTR Tires; the market of OTR Tires in the following five years seems will not enjoy that fast growth. But as the market in India, Africa and some other developing regions is also promising, the industry of OTR tires is forecasted to recovery after 2016, though it will not grow as fast as what happens before 2013.
Global Off-The-Road Tyre market size will increase to 14900 Million US$ by 2025, from 11800 Million US$ in 2018, at a CAGR of 3.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Off-The-Road Tyre.
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Off-The-Road Tyre market continues to evolve and expand in terms of the number of companies, products, and applications that illustratesthe growth perspectives.The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. Off-The-Road Tyre market research analysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.
This report researches the worldwide Off-The-Road Tyre market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Off-The-Road Tyre breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
- Michelin
- Bridgestone
- Goodyear
- Titan
- Yokohama Tire
- China National Tyre and Rubber
- Continental
- Alliance Tire Group
- BKT
- Guizhou Tire
- Linglong Tire
- Apollo
- Pirelli
- Prinx Chengshan
- Double Coin Holdings
- Triangle
- Zhongce Rubber
- Fujian Haian Rubber
- Shandong Taishan Tyre
- Shandong Yinbao
- Doublestar
- JK Tyre
- Eurotire
- Hawk International Rubber
- Techking Tires
Off-The-Road Tyre Breakdown Data by Type
- Rim Diameter less than29 inch
- 29 inch<Rim Diameterless than39 inch
- 39 inch<Rim Diameterless than49 inch
- Rim Diameter >49 inch
Off-The-Road Tyre Breakdown Data by Application
- Construction
- Mining
- Port
- Agricultural
- Other
Browse full table of contents and data tables @ https://www.marketresearchnest.com/Global-Off-The-Road-Tyre-Market-Insights-Forecast-to-2025.html
The Off-The-Road Tyre market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs.These data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.
Off-The-Road Tyre Production by Region
- United States
- Europe
- China
- Japan
- Other Regions
Off-The-Road Tyre Consumption Breakdown Data by Region
- North America (United States, Canada, Mexico)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
- Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
- Central and South America (Brazil, Rest of South America)
- Middle East and Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East and Africa)
The study objectives are:
- To analyze and research the global Off-The-Road Tyre capacity, production, value, consumption, status and forecast;
- To focus on the key Off-The-Road Tyre manufacturers and study the capacity, production, value, market share and development plans in next few years.
- To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Off-The-Road Tyre:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Off-The-Road Tyre market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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