Global OTR Tires Market Analysis Report 2019 – Segment, Top Players, Trends till 2024

The Global OTR Tires Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.

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.

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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Other Reports by DecisionDatabases.com:

2017-2022 China OTR Tires Market Report (Status and Outlook) @

https://www.decisiondatabases.com/ip/16302-china-otr-tires-market-analysis-report

2018-2023 Global OTR Tires Consumption Market Report @

https://www.decisiondatabases.com/ip/30932-otr-tires-consumption-market-analysis-report

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