Market Research Logo

OTR Tires Market by Application (Construction & Mining Equipment, Industrial Equipment, Agriculture Tractor), Type (Wheeled, and Track), Retreading Market by Application, Process (Mold Cure and Pre-Cure), and Region - Global Forecast to 2025

OTR Tires Market by Application (Construction & Mining Equipment, Industrial Equipment, Agriculture Tractor), Type (Wheeled, and Track), Retreading Market by Application, Process (Mold Cure and Pre-Cure), and Region - Global Forecast to 2025“Increasing sales for agriculture tractors and construction & mining equipment to upsurge the OTR tires requirement”
The OTR tires market is projected to grow at a CAGR of 4.64% from 2017 to 2025 to reach USD 7.68 billion by 2025 from USD 5.34 billion in 2017. Increase in infrastructural activities, government subsidies, and rapid mechanization in agriculture are expected to boost the OTR tires requirement.
On the other hand, the major factors hindering the growth of the OTR Tires market for the organized players are the high cost of R&D and low-cost tires offered in unorganized market.

“OTR tires market for construction & mining equipment is estimated to show the fastest growth in terms of value”
OTR tires market for construction & mining equipment is projected to grow at the fastest CAGR during the forecast period from 2017 to 2022. The growth of the infrastructure industry is expected to drive the construction equipment market and, hence, the requirement of tires. This growth can be attributed to major upcoming construction projects around the globe, primarily in developing nations. Additionally, major upcoming events, such as the 2016 Olympics in Brazil and the 2018 World Cup in Russia, are likely driving the market growth.

“By application, Agriculture tractors segment is estimated to have the largest share in OTR tires market”
The agriculture tractors segment is projected to be the largest segment of the OTR tires market, by application. The growth of this segment can be attributed to the increasing focus on mechanization and government subsidies in regions such as Asia Oceania and Europe. The use of tractors has significantly increased in developing and farming countries such as China and India. The agriculture tractors segment is estimated to lead the OTR tires retreading market as well, by volume.

“Asia Oceania and North America to dominate the market growth”
Asia Oceania and North America are estimated to dominate the OTR tires market during the forecast period. While Asia Oceania is estimated to be the largest market, North America is estimated to be the fastest growing market during the forecast period. In Asia Oceania, the growth of OTR tires has been observed with increase in farm mechanization and rapid development of infrastructure, which have boosted the usage of equipment and, thus, the requirement of OTR tires in this region. Alternatively, the market growth in North America can be attributed to the availability of state-of-the-art technology and the presence of key OEMs, which will ultimately increase the application of OTR tiers.

The study contains insights provided by various industry experts. The break-up of the primaries is as follows:
By Company Type: Tier-1 - 70%, Tier-2 - 20%, and Tier-3/OEM - 10%
By Designation: Manager level – 60%, C level - 25 % Other- 15%
By Region: Asia Oceania – 35%, North America - 30%, Europe - 20%, and RoW – 15%

Note: Tier 1 companies are tire manufacturers, while Tier 2 are processed material suppliers, and Tier 3 are raw material suppliers and OEMs of construction & mining equipment, agriculture tractors, and industrial equipment
Note: Others includes Aftermarket suppliers, R&D experts, and technicians
Note: The company tiers are based on the value chain; the revenue of the company has been not considered

The key companies profiled in the study are as Continental (Germany), Bridgestone (Japan), Michelin (France), Goodyear (US), Pirelli (Italy), Sumitomo (Japan), Yokohama (Japan), Hankook (South Korea), Nokian (Finland), and CEAT (India)

Research Coverage
The OTR tires market is segmented by application and country (construction & mining equipment, agriculture tractors, industrial equipment), type (wheeled, rubber track), Retreading Market By Application & Process (Mold Cure, Pre-Cure), and Region (Asia Oceania, Europe, North America, RoW).

The equipment’s that have been covered are as follows:
Construction & mining equipment: articulated dump truck, rigid dump truck, asphalt loader, backhoe loader, motor grader, motor scraper, RTLT-masted, RTLT-telescopic, skid steer loader, wheeled excavator, wheeled loader <0hp, wheeled loader >80hp, crawler dozer, crawler excavator, crawler loader, mini excavator.
Agriculture tractors: <30 HP, 31–100 HP, 101–200 HP, >200 HP.
Industrial equipment: Fork lift, Aisle trucks, tow tractors, container handlers.

Reasons to Buy the Report:
This report provides insights with reference to the following points:
Market Size, by application: The report offers in-depth market sizing and forecast up to 10 years (2025), by applications such as construction & mining equipment, agriculture tractors, and industrial equipment. The market sizing for construction & mining equipment and agriculture tractors is covered for all key countries and by equipment type/power output, whereas industrial equipment OTR tires market is covered by equipment type at the regional level.
Retreading Market: The OTR tires are expensive to replace, and, hence, are usually retreaded. The report offers retreading market sizing and forecast of OTR tires market in terms of application (construction & mining equipment, and agriculture tractors), process (mold and re-cure) at regional level
Market Development: The report provides comprehensive information about lucrative emerging markets. The report analyzes the markets for OTR tires market across regions.
Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the OTR tires market.
Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the OTR tires market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table CURRENCY EXCHANGE RATES (W.R.T. USD)
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY SECONDARY SOURCES
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • SAMPLING TECHNIQUES & DATA COLLECTION METHODS
      • PRIMARY PARTICIPANTS
    • FACTOR ANALYSIS
      • INTRODUCTION
      • DEMAND-SIDE ANALYSIS
        • Table AGRICULTURAL PRODUCE AS A PERCENTAGE OF GDP, 2015-2016
      • SUPPLY-SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
    • DATA TRIANGULATION
    • ASSUMPTIONS
      • PARAMETERS & ASSUMPTIONS FOLLOWED FOR OTR TIRES MARKET ANALYSIS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE OTR TIRES MARKET
    • OTR TIRES MARKET, BY CONSTRUCTION & MINING EQUIPMENT
    • OTR TIRES MARKET, BY AGRICULTURE TRACTORS
    • OTR TIRES MARKET, BY INDUSTRIAL VEHICLES
    • OTR TIRES MARKET, BY REGION & APPLICATION
    • OTR TIRES MARKET, BY TYPE
    • OTR TIRES RETREADING MARKET, BY APPLICATION
    • OTR TIRES RETREADING MARKET, BY REGION
    • OTR TIRES RETREADING MARKET, BY PROCESS
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table AGRICULTURAL EQUIPMENT SUBSIDIES BY MAJOR REGIONAL GOVERNMENTS
      • RESTRAINTS
        • Table INDUSTRY CHARACTERISTICS AND SPECIFICATION
        • Table US TIRES RETAIL SALES, 2012-2016
      • OPPORTUNITIES
        • Table TIRE MANUFACTURERS CAN FOCUS TOWARD ECO-FRIENDLY MATERIALS
      • CHALLENGES
      • MACRO INDICATOR ANALYSIS
  • IMPACT ANALYSIS
    • INTRODUCTION
      • INTRODUCTION OF AUTONOMOUS TRACTORS
      • AUTONOMOUS MINING
        • Table SOLUTIONS & FEATURES FOR AUTONOMOUS MINING, BY OEMS
      • OTR TIRES: TECHNOLOGICAL ADVANCES
  • OTR TIRES MARKET, BY CONSTRUCTION & MINING EQUIPMENT
    • INTRODUCTION
      • Table OTR TIRES MARKET FOR CONSTRUCTION & MINING EQUIPMENT, BY REGION, 2015-2025 ('000 UNITS)
      • Table OTR TIRES MARKET FOR CONSTRUCTION & MINING EQUIPMENT, BY REGION, 2015-2025 (USD MILLION)
      • Table OTR TIRES MARKET, BY CONSTRUCTION & MINING EQUIPMENT TYPE, 2015-2025 ('000 UNITS)
      • Table OTR TIRES MARKET, BY CONSTRUCTION & MINING EQUIPMENT TYPE, 2015-2025 (USD MILLION)
    • ARTICULATED DUMP TRUCK
      • Table ARTICULATED DUMP TRUCKS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table ARTICULATED DUMP TRUCKS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD `000)
    • RIGID DUMP TRUCK
      • Table RIGID DUMP TRUCKS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table RIGID DUMP TRUCKS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • BACKHOE LOADER
      • Table BACKHOE LOADER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table BACKHOE LOADER: OTR TIRES MARKET, BY COUNTRY 2015-2025 (USD '000)
    • ASPHALT FINISHER
      • Table ASPHALT FINISHER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table ASPHALT FINISHER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • MOTOR GRADER
      • Table MOTOR GRADER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table MOTOR GRADER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • MOTOR SCRAPER
      • Table MOTOR SCRAPER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table MOTOR SCRAPER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • RTLT-MASTED
      • Table RTLT MASTED: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table RTLT MASTED: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • RTLT-TELESCOPIC
      • Table RTLT- TELESCOPIC: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table RTLT- TELESCOPIC: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • SKID-STEER LOADER
      • Table SKID STEER LOADER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table SKID STEER LOADER: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • WHEELED EXCAVATOR
      • Table WHEELED EXCAVATOR: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table WHEELED EXCAVATOR: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • WHEELED LOADER <80 HP
      • Table WHEELED LOADER <80 HP: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table WHEELED LOADER <80 HP: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • WHEELED LOADER >80 HP
      • Table WHEELED LOADER >80 HP: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table WHEELED LOADER >80 HP: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • CRAWLER DOZER
      • Table CRAWLER DOZER: OTR RUBBER TRACK MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table CRAWLER DOZER: OTR RUBBER TRACK MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • CRAWLER EXCAVATOR
      • Table CRAWLER EXCAVATOR: OTR RUBBER TRACK MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table CRAWLER EXCAVATOR: OTR RUBBER TRACK MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • CRAWLER LOADER
      • Table CRAWLER LOADER: OTR RUBBER TRACK MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table CRAWLER LOADER: OTR RUBBER TRACK MARKET, BY COUNTRY, 2015-2025 (USD '000)
    • MINI EXCAVATORS
      • Table MINI EXCAVATORS: OTR RUBBER TRACK MARKET, BY COUNTRY, 2015-2025 (UNITS)
      • Table MINI EXCAVATORS: OTR RUBBER TRACK MARKET, BY COUNTRY, 2015-2025 (USD '000)
  • OTR TIRES MARKET, BY AGRICULTURE TRACTORS
    • INTRODUCTION
      • Table AGRICULTURE TRACTORS: OTR TIRES MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table AGRICULTURE TRACTORS: OTR TIRES MARKET, BY REGION, 2015-2025 (USD MILLION)
      • Table AGRICULTURE TRACTORS: OTR TIRES MARKET, BY TYPE, 2015-2025 ('000 UNITS)
      • Table AGRICULTURE TRACTORS: OTR TIRES MARKET, BY TYPE, 2015-2025 (USD MILLION)
    • <30 HP TRACTORS
      • Table <30 HP TRACTORS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 ('000 UNITS)
      • Table 30 HP TRACTORS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD MILLION)
    • 31-100 HP TRACTORS
      • Table 31-100 HP TRACTORS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 ('000 UNITS)
      • Table 31-100 HP TRACTORS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD MILLION)
    • 101-200 HP TRACTORS
      • Table 101-200 HP TRACTORS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 ('000 UNITS)
      • Table 101-200 HP TRACTORS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD MILLION)
    • >200 HP TRACTORS
      • Table >200 HP TRACTORS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 ('000 UNITS)
      • Table >200 HP TRACTORS: OTR TIRES MARKET, BY COUNTRY, 2015-2025 (USD MILLION)
  • OTR TIRES MARKET, BY INDUSTRIAL EQUIPMENT
    • INTRODUCTION
      • Table OTR TIRES MARKET FOR INDUSTRIAL EQUIPMENT, BY REGION, 2015-2025 ('000 UNITS)
      • Table OTR TIRES MARKET FOR INDUSTRIAL EQUIPMENT, BY REGION, 2015-2025 (USD MILLION)
      • Table OTR TIRES MARKET, BY INDUSTRIAL EQUIPMENT TYPE, 2015-2025 ('000 UNITS)
      • Table OTR TIRES MARKET, BY INDUSTRIAL EQUIPMENT TYPE, 2015-2025 (USD MILLION)
    • FORKLIFT
      • Table FORKLIFT: OTR TIRES MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table FORKLIFT: OTR TIRES MARKET, BY REGION, 2015-2025 (USD MILLION)
    • AISLE TRUCKS
      • Table AISLE TRUCKS: OTR TIRES MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table AISLE TRUCKS: OTR TIRES MARKET, BY REGION, 2015-2025 (USD MILLION)
    • TOW TRACTORS
      • Table TOW TRUCKS: OTR TIRES MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table TOW TRUCKS: OTR TIRES MARKET, BY REGION, 2015-2025 (USD MILLION)
    • CONTAINER HANDLERS
      • Table CONTAINER HANDLERS: OTR TIRES MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table CONTAINER HANDLERS: OTR TIRES MARKET, BY REGION, 2015-2025 (USD MILLION)
  • OTR TIRES MARKET, BY TYPE
    • INTRODUCTION
      • Table OTR TIRES MARKET, BY TYPE, 2015-2025 ('000 UNITS)
      • Table OTR TIRES MARKET, BY TYPE, 2015-2025 (USD MILLION)
    • WHEELED
      • Table WHEELED: OTR TIRES MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table WHEELED: OTR TIRES MARKET, BY REGION, 2015-2025 (USD MILLION)
    • RUBBER TRACKS
      • Table RUBBER TRACK: OTR TIRES MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table RUBBER TRACK: OTR TIRES MARKET, BY REGION, 2015-2025 (USD MILLION)
  • OTR TIRES MARKET, BY APPLICATION & REGION
    • INTRODUCTION
      • Table OTR TIRES MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table OTR TIRES MARKET, BY REGION, 2015-2025 (USD MILLION)
      • Table OTR TIRES MARKET, BY APPLICATION, 2015-2025 ('000 UNITS)
      • Table OTR TIRES MARKET, BY APPLICATION, 2015-2025 (USD MILLION)
    • ASIA OCEANIA
      • Table ASIA OCEANIA: OTR TIRES MARKET, BY APPLICATION, 2015-2025 ('000 UNITS)
      • Table ASIA OCEANIA: OTR TIRES MARKET, BY APPLICATION, 2015-2025 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: OTR TIRES MARKET, BY APPLICATION, 2015-2025 ('000 UNITS)
      • Table NORTH AMERICA: OTR TIRES MARKET, BY APPLICATION, 2015-2025 (USD MILLION)
    • EUROPE
      • Table EUROPE: OTR TIRES MARKET, BY APPLICATION, 2015-2025 ('000 UNITS)
      • Table EUROPE: OTR TIRES MARKET, BY APPLICATION, 2015-2025 (USD MILLION)
    • ROW
      • Table ROW: OTR TIRES MARKET, BY APPLICATION, 2015-2025 ('000 UNITS)
      • Table ROW: OTR TIRES MARKET, BY APPLICATION, 2015-2025 (USD MILLION)
  • OTR TIRES RETREADING MARKET, BY PROCESS
    • INTRODUCTION
      • Table OTR TIRES RETREADING MARKET, BY PROCESS, 2015-2025 ('000 UNITS)
      • Table OTR TIRES RETREADING MARKET, BY PROCESS, 2015-2025 (USD MILLION)
    • PRE-CURE
      • Table OTR TIRES PRE-CURE RETREADING MARKET SIZE, BY REGION, 2015-2025 ('000 UNITS)
      • Table OTR TIRES PRE-CURE RETREADING MARKET SIZE, BY REGION, 2015-2025 (USD MILLION)
    • MOLD CURE
      • Table OTR TIRES MOLD-CURE RETREADING MARKET SIZE, BY REGION, 2015-2025 ('000 UNITS)
      • Table OTR TIRES MOLD-CURE RETREADING MARKET SIZE, BY REGION, 2015-2025 (USD MILLION)
  • OTR TIRES RETREADING MARKET, BY APPLICATION & REGION
    • INTRODUCTION
    • ASIA OCEANIA
    • EUROPE
    • NORTH AMERICA
    • ROW
      • Table OTR TIRES RETREADING MARKET, BY APPLICATION, 2015-2025 ('000 UNITS)
      • Table OTR TIRES RETREADING MARKET, BY APPLICATION, 2015-2025 (USD MILLION)
      • Table OTR TIRES RETREADING MARKET, BY REGION, 2015-2025 ('000 UNITS)
      • Table OTR TIRES RETREADING MARKET, BY REGION, 2015-2025 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING ANALYSIS
    • COMPETITIVE SCENARIO
      • Table NEW PRODUCT DEVELOPMENTS, 2017
      • Table EXPANSIONS, 2017
      • Table MERGERS & ACQUISITIONS, 2016-2017
      • Table PARTNERSHIPS/AGREEMENTS/SUPPLY CONTRACTS/COLLABORATIONS/JOINT VENTURES, 2017
  • COMPANY PROFILE
    • CONTINENTAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BRIDGESTONE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MICHELIN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GOODYEAR
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • PIRELLI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SUMITOMO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • YOKOHAMA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HANKOOK TIRE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NOKIAN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CEAT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • KEY INDUSTRY INSIGHTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
      • OTR TIRES MARKET, BY ASPECT RATIO
      • OTR TIRES MARKET, BY RIM SIZE
      • OTR TIRES AGRICULTURE TRACTORS TRACK MARKET, BY COUNTRY
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report