Global OTR Tire Market, By Vehicle Type (Mining, Construction & Industrial Equipment, Agriculture Vehicles & Others), By Demand Category (OEM Vs. Replacement), By Region, Competition, Forecast & Opportunities, 2015-2025
Global OTR tire market stood at over $ 19 billion in 2019 and is projected to cross $ 31 billion by 2025, on the back of a growing number of infrastructure development projects worldwide. Rapid development in the construction of road & railway network, power supplies, housing infrastructure, industrial structures, etc. have led to the economic growth of several countries across the globe.
The proliferation of mining and quarrying industry and expanding sales and fleet of OTR vehicles, globally, is expected to boost sales of OTR tires in the coming years. Growing mechanization of agriculture farms to increase the agriculture output and decrease the labor cost is also leading to the enhanced use of agriculture equipment, which is also fueling the demand for OTR tires across the world. Some of the other key factors that would positively influence the global OTR tire market include technological advancements, expanding distributor & dealership network, rising adoption of radial tires and increasing penetration of Chinese tires.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
- To analyze and forecast global OTR tire market size.
- To classify and forecast global OTR tire market based on vehicle type, company, region and demand category.
- To define, classify and forecast global OTR tire market on the basis of vehicle type, namely, mining, construction & industrial equipment, agriculture vehicles and others (includes all-terrain vehicles, sports vehicles, etc.).
- To define, classify and forecast global OTR tire market on the basis of demand category, namely OEM and replacement.
- To scrutinize the detailed market segmentation and forecast the market size by segmenting global OTR tire market into regions, namely, North America, South America, Europe, Asia-Pacific, Middle East and Africa.
- To identify drivers and challenges in global OTR tire market.
- To identify market trends & developments in global OTR tire market.
- To identify and analyze the profile of leading players operating in global OTR tire market.
In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of OTR tire manufacturers and suppliers operating in different regions and countries. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. TechSci Research analyzed product offerings, distribution channels and regional presence of all major OTR tire suppliers across the world.
TechSci Research calculated global OTR tire market size using a bottom-up technique, wherein manufacturers’ volume sales data for different applications (mining, construction, industrial and agriculture) was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Databases and multiple secondary sources such as European Tyre and Rubber Manufacturers Association (ETRMA), Japan Automobile Tyre Manufacturers Association (JATMA), National Association of Automobile Manufacturers (ANFAVEA) Brazil, Automotive Tyre Manufacturers Association (ATMA) India, The British Tyre Manufacturers Association (BTMA), Society of Motor Manufacturers and Traders of UK (SMMT), Malaysian Rubber Products Manufactures Association (MRPMA), China Rubber industry Association (RIA), International Monetary Fund (IMF), company websites, company annual reports and financial reports were also studied by TechSci Research.
Key Target Audience:
- OTR tire manufacturers, distributors and other stakeholders
- Raw material suppliers
- Automotive OEMs
- Associations, organizations, forums and alliances related to OTR tire market
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
Report Scope:
In this report, global OTR tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, by Vehicle Type:
- Mining, Construction & Industrial Equipment
- Agriculture Vehicles
- Others (includes All-Terrain Vehicles, Sports Vehicles, etc.)
- Market, by Demand Category:
- OEM
- Replacement
- Market, by Region:
- Asia-Pacific
- China
- India
- Japan
- Australia
- south Korea
- Malaysia
- Philippines
- Thailand
- Indonesia
- Rest of Region
- Europe & CIS
- Turkey
- Russia
- United kingdom
- Germany
- Italy
- France
- Poland
- Ukraine
- Hungary
- Rest of Region
- North America
- United States
- Canada
- Mexico
- South America
- Argentina
- Brazil
- Colombia
- Chile
- Cuba
- Rest of Region
- Middle East
- Iran
- Saudi Arabia
- UAE
- Rest of Region
- Africa
- South Africa
- Algeria
- Morocco
- Nigeria
- Ethiopia
- Sudan
- Somalia
- Rest of Region
Company Profiles: Detailed analysis of major companies operating in global OTR tire market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players.
- 1. Product Overview
- 2. Research Methodology
- 3. Analyst View
- 4. Voice of Customer
- 4.1. Factors Influencing Purchase Decision
- 4.2. Influencer of Purchase
- 4.3. Brand Recall
- 4.4. Brand Switching
- 4.5. Brand Satisfaction Level
- 5. Global OTR Tire Production Overview
- 6. Global OTR Tire Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value & Volume
- 6.2. Market Share & Forecast
- 6.2.1. By Vehicle Type (Mining, Construction & Industrial Equipment, Agriculture Vehicles and Others)
- 6.2.2. By Demand Category (OEM Vs. Replacement)
- 6.2.3. By Company
- 6.2.4. By Region
- 7. Asia-Pacific OTR Tire Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value & Volume
- 7.2. Market Share & Forecast
- 7.2.1. By Vehicle Type
- 7.2.2. By Country
- 7.3. Market Attractiveness Index (By Vehicle Type)
- 7.4. Market Attractiveness Index (By Country)
- 7.5. Prominent Tire Sizes (By Country)
- 7.6. Asia-Pacific: Country Analysis
- 7.6.1. China OTR Tire Market Outlook
- 7.6.1.1. Market Size & Forecast
- 7.6.1.1.1. By Value & Volume
- 7.6.1.2. Market Share & Forecast
- 7.6.1.2.1. By Vehicle Type
- 7.6.1.3. Market Attractiveness Index (Vehicle Type)
- 7.6.1.4. Import Tariff
- 7.6.2. India OTR Tire Market Outlook
- 7.6.2.1. Market Size & Forecast
- 7.6.2.1.1. By Value & Volume
- 7.6.2.2. Market Share & Forecast
- 7.6.2.2.1. By Vehicle Type
- 7.6.2.3. Market Attractiveness Index (Vehicle Type)
- 7.6.2.4. Import Tariff
- 7.6.3. Japan OTR Tire Market Outlook
- 7.6.3.1. Market Size & Forecast
- 7.6.3.1.1. By Value & Volume
- 7.6.3.2. Market Share & Forecast
- 7.6.3.2.1. By Vehicle Type
- 7.6.3.3. Market Attractiveness Index (Vehicle Type)
- 7.6.3.4. Import Tariff
- 7.6.4. South Korea OTR Tire Market Outlook
- 7.6.4.1. Market Size & Forecast
- 7.6.4.1.1. By Value & Volume
- 7.6.4.2. Market Share & Forecast
- 7.6.4.2.1. By Vehicle Type
- 7.6.4.3. Market Attractiveness Index (Vehicle Type)
- 7.6.4.4. Import Tariff
- 7.6.5. Australia OTR Tire Market Outlook
- 7.6.5.1. Market Size & Forecast
- 7.6.5.1.1. By Value & Volume
- 7.6.5.2. Market Share & Forecast
- 7.6.5.2.1. By Vehicle Type
- 7.6.5.3. Market Attractiveness Index (Vehicle Type)
- 7.6.5.4. Import Tariff
- 7.6.6. Malaysia OTR Tire Market Outlook
- 7.6.6.1. Market Size & Forecast
- 7.6.6.1.1. By Value & Volume
- 7.6.6.2. Market Share & Forecast
- 7.6.6.2.1. By Vehicle Type
- 7.6.6.3. Market Attractiveness Index (Vehicle Type)
- 7.6.6.4. Import Tariff
- 7.6.7. Indonesia OTR Tire Market Outlook
- 7.6.7.1. Market Size & Forecast
- 7.6.7.1.1. By Value & Volume
- 7.6.7.2. Market Share & Forecast
- 7.6.7.2.1. By Vehicle Type
- 7.6.7.3. Market Attractiveness Index (Vehicle Type)
- 7.6.7.4. Import Tariff
- 7.6.8. Thailand OTR Tire Market Outlook
- 7.6.8.1. Market Size & Forecast
- 7.6.8.1.1. By Value & Volume
- 7.6.8.2. Market Share & Forecast
- 7.6.8.2.1. By Vehicle Type
- 7.6.8.3. Market Attractiveness Index (Vehicle Type)
- 7.6.8.4. Import Tariff
- 7.6.9. Philippines OTR Tire Market Outlook
- 7.6.9.1. Market Size & Forecast
- 7.6.9.1.1. By Value & Volume
- 7.6.9.2. Market Share & Forecast
- 7.6.9.2.1. By Vehicle Type
- 7.6.9.3. Market Attractiveness Index (Vehicle Type)
- 7.6.9.4. Import Tariff
- 8. Europe & CIS OTR Tire Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value & Volume
- 8.2. Market Share & Forecast
- 8.2.1. By Vehicle Type
- 8.2.2. By Country
- 8.3. Market Attractiveness Index (By Vehicle Type)
- 8.4. Market Attractiveness Index (By Country)
- 8.5. Prominent Tire Sizes (By Country)
- 8.6. Europe & CIS: Country Analysis
- 8.6.1. Turkey OTR Tire Market Outlook
- 8.6.1.1. Market Size & Forecast
- 8.6.1.1.1. By Value & Volume
- 8.6.1.2. Market Share & Forecast
- 8.6.1.2.1. By Vehicle Type
- 8.6.1.3. Market Attractiveness Index (Vehicle Type)
- 8.6.1.4. Import Tariff
- 8.6.2. Ukraine OTR Tire Market Outlook
- 8.6.2.1. Market Size & Forecast
- 8.6.2.1.1. By Value & Volume
- 8.6.2.2. Market Share & Forecast
- 8.6.2.2.1. By Vehicle Type
- 8.6.2.3. Market Attractiveness Index (Vehicle Type)
- 8.6.2.4. Import Tariff
- 8.6.3. Russia OTR Tire Market Outlook
- 8.6.3.1. Market Size & Forecast
- 8.6.3.1.1. By Value & Volume
- 8.6.3.2. Market Share & Forecast
- 8.6.3.2.1. By Vehicle Type
- 8.6.3.3. Market Attractiveness Index (Vehicle Type)
- 8.6.3.4. Import Tariff
- 8.6.4. Italy OTR Tire Market Outlook
- 8.6.4.1. Market Size & Forecast
- 8.6.4.1.1. By Value & Volume
- 8.6.4.2. Market Share & Forecast
- 8.6.4.2.1. By Vehicle Type
- 8.6.4.3. Market Attractiveness Index (Vehicle Type)
- 8.6.4.4. Import Tariff
- 8.6.5. Germany OTR Tire Market Outlook
- 8.6.5.1. Market Size & Forecast
- 8.6.5.1.1. By Value & Volume
- 8.6.5.2. Market Share & Forecast
- 8.6.5.2.1. By Vehicle Type
- 8.6.5.3. Market Attractiveness Index (Vehicle Type)
- 8.6.5.4. Import Tariff
- 8.6.6. France OTR Tire Market Outlook
- 8.6.6.1. Market Size & Forecast
- 8.6.6.1.1. By Value & Volume
- 8.6.6.2. Market Share & Forecast
- 8.6.6.2.1. By Vehicle Type
- 8.6.6.3. Market Attractiveness Index (Vehicle Type)
- 8.6.6.4. Import Tariff
- 8.6.7. United Kingdom OTR Tire Market Outlook
- 8.6.7.1. Market Size & Forecast
- 8.6.7.1.1. By Value & Volume
- 8.6.7.2. Market Share & Forecast
- 8.6.7.2.1. By Vehicle Type
- 8.6.7.3. Market Attractiveness Index (Vehicle Type)
- 8.6.7.4. Import Tariff
- 8.6.8. Poland OTR Tire Market Outlook
- 8.6.8.1. Market Size & Forecast
- 8.6.8.1.1. By Value & Volume
- 8.6.8.2. Market Share & Forecast
- 8.6.8.2.1. By Vehicle Type
- 8.6.8.3. Market Attractiveness Index (Vehicle Type)
- 8.6.8.4. Import Tariff
- 8.6.9. Hungary OTR Tire Market Outlook
- 8.6.9.1. Market Size & Forecast
- 8.6.9.1.1. By Value & Volume
- 8.6.9.2. Market Share & Forecast
- 8.6.9.2.1. By Vehicle Type
- 8.6.9.3. Market Attractiveness Index (Vehicle Type)
- 8.6.9.4. Import Tariff
- 9. North America OTR Tire Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value & Volume
- 9.2. Market Share & Forecast
- 9.2.1. By Vehicle Type
- 9.2.2. By Country
- 9.3. Market Attractiveness Index (By Vehicle Type)
- 9.4. Market Attractiveness Index (By Country)
- 9.5. Prominent Tire Sizes (By Country)
- 9.6. North America: Country Analysis
- 9.6.1. United States OTR Tire Market Outlook
- 9.6.1.1. Market Size & Forecast
- 9.6.1.1.1. By Value & Volume
- 9.6.1.2. Market Share & Forecast
- 9.6.1.2.1. By Vehicle Type
- 9.6.1.3. Market Attractiveness Index (Vehicle Type)
- 9.6.1.4. Import Tariff
- 9.6.2. Mexico OTR Tire Market Outlook
- 9.6.2.1. Market Size & Forecast
- 9.6.2.1.1. By Value & Volume
- 9.6.2.2. Market Share & Forecast
- 9.6.2.2.1. By Vehicle Type
- 9.6.2.3. Market Attractiveness Index (Vehicle Type)
- 9.6.2.4. Import Tariff
- 9.6.3. Canada OTR Tire Market Outlook
- 9.6.3.1. Market Size & Forecast
- 9.6.3.1.1. By Value & Volume
- 9.6.3.2. Market Share & Forecast
- 9.6.3.2.1. By Vehicle Type
- 9.6.3.3. Market Attractiveness Index (Vehicle Type)
- 9.6.3.4. Import Tariff
- 10. South America OTR Tire Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value & Volume
- 10.2. Market Share & Forecast
- 10.2.1. By Vehicle Type
- 10.2.2. By Country
- 10.3. Market Attractiveness Index (By Vehicle Type)
- 10.4. Market Attractiveness Index (By Country)
- 10.5. Prominent Tire Sizes (By Country)
- 10.6. South America: Country Analysis
- 10.6.1. Brazil OTR Tire Market Outlook
- 10.6.1.1. Market Size & Forecast
- 10.6.1.1.1. By Value & Volume
- 10.6.1.2. Market Size & Forecast
- 10.6.1.2.1. By Vehicle Type
- 10.6.1.3. Market Attractiveness Index (Vehicle Type)
- 10.6.1.4. Import Tariff
- 10.6.2. Argentina OTR Tire Market Outlook
- 10.6.2.1. Market Size & Forecast
- 10.6.2.1.1. By Value & Volume
- 10.6.2.2. Market Share & Forecast
- 10.6.2.2.1. By Vehicle Type
- 10.6.2.3. Market Attractiveness Index (Vehicle Type)
- 10.6.2.4. Import Tariff
- 10.6.3. Colombia OTR Tire Market Outlook
- 10.6.3.1. Market Size & Forecast
- 10.6.3.1.1. By Value & Volume
- 10.6.3.2. Market Share & Forecast
- 10.6.3.2.1. By Vehicle Type
- 10.6.3.3. Market Attractiveness Index (Vehicle Type)
- 10.6.3.4. Import Tariff
- 10.6.4. Chile OTR Tire Market Outlook
- 10.6.4.1. Market Size & Forecast
- 10.6.4.1.1. By Value & Volume
- 10.6.4.2. Market Share & Forecast
- 10.6.4.2.1. By Vehicle Type
- 10.6.4.3. Market Attractiveness Index (Vehicle Type)
- 10.6.4.4. Import Tariff
- 10.6.5. Cuba OTR Tire Market Outlook
- 10.6.5.1. Market Size & Forecast
- 10.6.5.1.1. By Value & Volume
- 10.6.5.2. Market Share & Forecast
- 10.6.5.2.1. By Vehicle Type
- 10.6.5.3. Market Attractiveness Index (Vehicle Type)
- 10.6.5.4. Import Tariff
- 11. Middle East OTR Tire Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Value & Volume
- 11.2. Market Share & Forecast
- 11.2.1. By Vehicle Type
- 11.2.2. By Country
- 11.3. Market Attractiveness Index (By Vehicle Type)
- 11.4. Market Attractiveness Index (By Country)
- 11.5. Prominent Tire Sizes (By Country)
- 11.6. Middle East: Country Analysis
- 11.6.1. Iran OTR Tire Market Outlook
- 11.6.1.1. Market Size & Forecast
- 11.6.1.1.1. By Value & Volume
- 11.6.1.2. Market Share & Forecast
- 11.6.1.2.1. By Vehicle Type
- 11.6.1.3. Market Attractiveness Index (Vehicle Type)
- 11.6.1.4. Import Tariff
- 11.6.2. Saudi Arabia OTR Tire Market Outlook
- 11.6.2.1. Market Size & Forecast
- 11.6.2.1.1. By Value & Volume
- 11.6.2.2. Market Share & Forecast
- 11.6.2.2.1. By Vehicle Type
- 11.6.2.3. Market Attractiveness Index (Vehicle Type)
- 11.6.2.4. Import Tariff
- 11.6.3. UAE OTR Tire Market Outlook
- 11.6.3.1. Market Size & Forecast
- 11.6.3.1.1. By Value & Volume
- 11.6.3.2. Market Share & Forecast
- 11.6.3.2.1. By Vehicle Type
- 11.6.3.3. Market Attractiveness Index (Vehicle Type)
- 11.6.3.4. Import Tariff
- 12. Africa OTR Tire Market Outlook
- 12.1. Market Size & Forecast
- 12.1.1. By Value & Volume
- 12.2. Market Share & Forecast
- 12.2.1. By Vehicle Type
- 12.2.2. By Country
- 12.3. Market Attractiveness Index (By Vehicle Type)
- 12.4. Market Attractiveness Index (By Country)
- 12.5. Prominent Tire Sizes (By Country)
- 12.6. Africa: Country Analysis
- 12.6.1. South Africa OTR Tire Market Outlook
- 12.6.1.1. Market Size & Forecast
- 12.6.1.1.1. By Value & Volume
- 12.6.1.2. Market Share & Forecast
- 12.6.1.2.1. By Vehicle Type
- 12.6.1.3. Market Attractiveness Index (Vehicle Type)
- 12.6.1.4. Import Tariff
- 12.6.2. Nigeria OTR Tire Market Outlook
- 12.6.2.1. Market Size & Forecast
- 12.6.2.1.1. By Value & Volume
- 12.6.2.2. Market Share & Forecast
- 12.6.2.2.1. By Vehicle Type
- 12.6.2.3. Market Attractiveness Index (Vehicle Type)
- 12.6.2.4. Import Tariff
- 12.6.3. Algeria OTR Tire Market Outlook
- 12.6.3.1. Market Size & Forecast
- 12.6.3.1.1. By Value & Volume
- 12.6.3.2. Market Share & Forecast
- 12.6.3.2.1. By Vehicle Type
- 12.6.3.3. Market Attractiveness Index (Vehicle Type)
- 12.6.3.4. Import Tariff
- 12.6.4. Morocco OTR Tire Market Outlook
- 12.6.4.1. Market Size & Forecast
- 12.6.4.1.1. By Value & Volume
- 12.6.4.2. Market Share & Forecast
- 12.6.4.2.1. By Vehicle Type
- 12.6.4.3. Market Attractiveness Index (Vehicle Type)
- 12.6.4.4. Import Tariff
- 12.6.5. Ethiopia OTR Tire Market Outlook
- 12.6.5.1. Market Size & Forecast
- 12.6.5.1.1. By Value & Volume
- 12.6.5.2. Market Share & Forecast
- 12.6.5.2.1. By Vehicle Type
- 12.6.5.3. Market Attractiveness Index (Vehicle Type)
- 12.6.6. Sudan OTR Tire Market Outlook
- 12.6.6.1. Market Size & Forecast
- 12.6.6.1.1. By Value & Volume
- 12.6.6.2. Market Share & Forecast
- 12.6.6.2.1. By Vehicle Type
- 12.6.6.3. Market Attractiveness Index (Vehicle Type)
- 12.6.7. Somalia OTR Tire Market Outlook
- 12.6.7.1. Market Size & Forecast
- 12.6.7.1.1. By Value & Volume
- 12.6.7.2. Market Share & Forecast
- 12.6.7.2.1. By Vehicle Type
- 12.6.7.3. Market Attractiveness Index (Vehicle Type)
- 13. Market Dynamics
- 13.1. Drivers
- 13.2. Challenges
- 14. Market Trends & Developments
- 15. Competitive Landscape
- 15.1. Compagnie Générale des Établissements Michelin (CGEM)
- 15.2. Bridgestone Corporation
- 15.3. The Goodyear Tire & Rubber Company
- 15.4. The Yokohama Rubber Co., Ltd.
- 15.5. Continental Aktiengesellschaft
- 15.6. Balkrishna Industries Limited
- 15.7. Toyo Tire & Rubber Company
- 15.8. Apollo Tyres Ltd.
- 15.9. Hankook Tire Co. Ltd.
- 15.10. Cooper Tire & Rubber Company
- 16. Strategic Recommendations
- 17. Annexure: List of OTR Tire Dealers/Distributors
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