The global off-road tires market size was US$ 459.6 billion in 2021. The global off-road tires market size is forecast to reach US$ 849.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.3% during the forecast period from 2022 to 2030.
Off-road tires are typically considered to be advantageous for stability and traction on unpaved surfaces including sand, mud, dirt, and others. Off-road tires are widely employed in a range of industries, including agriculture, dam building, mining for gravel, and structural engineering. Off-road tires are made to survive rock smashing while holding onto the mud and other debris thanks to their heavy-duty traction pattern, blocky sidewalls, and puncture-resistant partition walls.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market. The preventive measures put in place to lessen the effects of the dangerous coronavirus included national lockdowns, movement restrictions, and the closure of some non-essential manufacturing enterprises. Due to the collapse of all major sectors, there is virtually no need for automobiles or tiers, which had impeded market expansion. Additionally, tire producers now maintain an inventory equal to one month's worth of manufacturing. Due to the lockdown, the tire producers also had issues with storage space.
Regional Analysis
The Asia Pacific region is forecast to have substantial growth during the forecast period. As a result of rising economic development, road investment, and infrastructure construction. In addition, growing demand from emerging economies and strategic movements by major industry players due to the region's strong growth in industrial businesses. Additionally, increasing government spending on infrastructure fuels market growth.
Leading Competitors
The leading prominent companies profiled in the global off-road tire market are:
Scope of the Report
The global off-road tire market segmentation focuses on Material, Tire Height, Vehicle, Distribution Channel, and Region.
Segmentation based on Material
Segmentation based on Tire Height
Segmentation based on Vehicle
Segmentation based on Distribution Channel
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL OFF-ROAD TIRES MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL OFF-ROAD TIRES MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL OFF-ROAD TIRES MARKET, BY MATERIAL
5.1 OVERVIEW
5.2 SYNTHETIC RUBBER
5.3 CARBON BLACK
5.4 FABRICS & WIRE
5.5 NATURAL RUBBER
5.6 OTHERS
6 GLOBAL OFF-ROAD TIRES MARKET, BY TIRE HEIGHT
6.1 OVERVIEW
6.2 BELOW 31 INCHES
6.3 31-40 INCHES
6.4 41-45 INCHES
6.5 ABOVE 45 INCHES
7 GLOBAL OFF-ROAD TIRES MARKET, BY VEHICLE
7.1 OVERVIEW
7.2 4WD HDT (HEAVY DUTY TRUCKS)
7.3 DIRT BIKES & QUAD
7.4 UTV (UTILITY TERRAIN VEHICLES)
7.5 SUV (SPORT UTILITY VEHICLE)
7.6 OTR (OVER THE ROAD)
7.7 OTHERS
8 GLOBAL OFF-ROAD TIRES MARKET, BY DISTRIBUTION CHANNEL
8.1 OVERVIEW
8.2 OEMS (ORIGINAL EQUIPMENT MANUFACTURER)
8.3 AFTERMARKET
9 GLOBAL OFF-ROAD TIRES MARKET, BY GEOGRAPHY
9.1 OVERVIEW
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA MARKET SNAPSHOT
9.2.2 U.S.
9.2.3 CANADA
9.2.4 MEXICO
9.3 EUROPE
9.3.1 EUROPE MARKET SNAPSHOT
9.3.2 WESTERN EUROPE
9.3.2.1 THE UK
9.3.2.2 GERMANY
9.3.2.3 FRANCE
9.3.2.4 ITALY
9.3.2.5 SPAIN
9.3.2.6 REST OF WESTERN EUROPE
9.3.3 EASTERN EUROPE
9.3.3.1 POLAND
9.3.3.2 RUSSIA
9.3.3.3 REST OF EASTERN EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC MARKET SNAPSHOT
9.4.2 CHINA
9.4.3 JAPAN
9.4.4 INDIA
9.4.5 AUSTRALIA & NEW ZEALAND
9.4.6 ASEAN
9.4.7 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
9.5.2 UAE
9.5.3 SAUDI ARABIA
9.5.4 SOUTH AFRICA
9.5.5 REST OF MEA
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA MARKET SNAPSHOT
9.6.2 BRAZIL
9.6.3 ARGENTINA
9.6.4 REST OF SOUTH AMERICA
10 GLOBAL OFF-ROAD TIRES MARKET COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 COMPANY MARKET RANKING
10.3 KEY DEVELOPMENT STRATEGIES
11 COMPANY PROFILES
11.1 BRIDGESTONE
11.1.1 OVERVIEW
11.1.2 FINANCIAL PERFORMANCE
11.1.3 PRODUCT OUTLOOK
11.1.4 KEY DEVELOPMENTS
11.2 MICHELIN
11.2.1 OVERVIEW
11.2.2 FINANCIAL PERFORMANCE
11.2.3 PRODUCT OUTLOOK
11.2.4 KEY DEVELOPMENTS
11.3 GOODYEAR
11.3.1 OVERVIEW
11.3.2 FINANCIAL PERFORMANCE
11.3.3 PRODUCT OUTLOOK
11.3.4 KEY DEVELOPMENTS
11.4 YOKOHAMA TIRE
11.4.1 OVERVIEW
11.4.2 FINANCIAL PERFORMANCE
11.4.3 PRODUCT OUTLOOK
11.4.4 KEY DEVELOPMENTS
11.5 CHINA NATIONAL TIRE & RUBBER
11.5.1 OVERVIEW
11.5.2 FINANCIAL PERFORMANCE
11.5.3 PRODUCT OUTLOOK
11.5.4 KEY DEVELOPMENTS
11.6 MRF
11.6.1 OVERVIEW
11.6.2 FINANCIAL PERFORMANCE
11.6.3 PRODUCT OUTLOOK
11.6.4 KEY DEVELOPMENTS
11.7 CONTINENTAL
11.7.1 OVERVIEW
11.7.2 FINANCIAL PERFORMANCE
11.7.3 PRODUCT OUTLOOK
11.7.4 KEY DEVELOPMENTS
11.8. BELSHINA
11.8.1 OVERVIEW
11.8.2 FINANCIAL PERFORMANCE
11.8.3 PRODUCT OUTLOOK
11.8.4 KEY DEVELOPMENTS
11.9 CHENG-SHIN RUBBER
11.9.1 OVERVIEW
11.9.2 FINANCIAL PERFORMANCE
11.9.3 PRODUCT OUTLOOK
11.9.4 KEY DEVELOPMENTS
11.10 EUROTIRE
11.10.1 OVERVIEW
11.10.2 FINANCIAL PERFORMANCE
11.10.3 PRODUCT OUTLOOK
11.10.4 KEY DEVELOPMENTS
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