The report gives a clear image of the current OTR Tires Market scenario and the expected future of the industry. The report focuses on market drivers, restraints, growth, trends, and the forecast for the period from 2020 to 2025. Besides, the report also represents the market performance by value chain analysis which will help to provide better product differentiation along with the analysis of each segment regarding opportunity, market attractiveness index and growth rate.
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.
According to this study, over the next five years the OTR Tires market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 15100 million by 2024, from US$ 11900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in OTR Tires business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Michelin
- Bridgestone
- Goodyear
- Titan
- Yokohama Tire
- China National Tyre & 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
Segmentation by product type:
- Rim Diameter ≤29 inch
- 29 inch＜Rim Diameter≤39 inch
- 39 inch＜Rim Diameter≤49 inch
- Rim Diameter ＞49 inch
Segmentation by application:
- Construction
- Mining
- Port
- Agricultural
- Other
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- …….
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Research objectives
- To study and analyze the global OTR Tires consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of OTR Tires market by identifying its various subsegments.
- Focuses on the key global OTR Tires manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the OTR Tires with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of OTR Tires submarkets, with respect to key regions (along with their respective key countries).
- 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.
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The Global OTR Tires Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global OTR Tires Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/11585-otr-tires-market-reportThe report also covers the complete competitive landscape of the global OTR Tires market with company profiles of key players such as: BridgestoneMichelinGoodyearYokohama TireChina National Tyre & RubberMRFContinentalBelshinaCheng-Shin RubberEurotireLinglong TireBKTAlliance Tire GroupDoublestarTriangleFujian Haian RubberPrinx ChengshanApolloPirelliThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By Product TypeRadial TiresBias TiresNon-Pneumatic TiresBy Vehicle TypeEarthmoversLoader and DozersGradersMaterial Handling EquipmentTractors and Agricultural EquipmentBy End UsersConstructionIndustrialMiningAgriculturePortsOther (Defense etc.
OTR Tires Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the OTR Tires include Continental, Bridgestone, Nokian, CEAT, Michelin, Pirelli, Goodyear, and CEAT..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global OTR Tires Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/parcel-sortation-systems-market/download-sampleMarket SegmentationThe broad OTR Tires has been sub-grouped into the Application, Process, Type and Region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
