Market Overview:
The global OTR bias tire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for OTR bias tires from various end-use industries such as construction, mining, port, agricultural and others. In terms of type, the rim diameter ≤29 inch segment is projected to grow at a higher CAGR during the forecast period followed by rim diameter 29 inch<rim diameter ≤39 inch and rim diameter 39 inch<rim diameter ≤49 inch segments. However, in terms of volume share, the rim diameter 49 inches and above segment is expected to dominate the global OTR bias tire market during the forecast period.
Product Definition:
An OTR bias tire is a type of off-the-road tire that uses bias ply construction. This type of construction gives the tire a rounder profile, which helps it to resist wear and tear when traveling over rough terrain. Bias tires are also less likely to experience sidewall failure than radial tires. For these reasons, bias OTR tires are often used in applications where durability is essential, such as mining and construction.
Rim Diameter ≤29 inch:
29 inch<Rim Diameter≤39 inch:
OTR Bias Tire is a type of tire that has been designed to fit specifically for the light truck market. The tires are available with different tread patterns, radii, and widths to suit the specific requirements of customers. 29 inch rim diameter is one such tire that caters particularly to the needs of customers looking for a wide range of performance in an OTR (On-The-Road) environment.
Application Insights:
The construction application segment led the global OTR bias tire market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing construction activities across developing countries, such as China, India and Brazil. In addition, factors such as growing urbanization leading to an increase in residential & commercial constructions are expected to drive demand for tires with bias ply patterns over the next seven years.
OTR tires are widely used in agricultural vehicles owing to their excellent performance on soft soil surfaces and light gravel roads which reduces wear & tear of vehicle¢â‚¬â„¢s wheels resulting into increased production output per day or month respectively.
Regional Analysis:
Asia Pacific dominated the global OTR bias tire market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing investments and favorable government initiatives for infrastructure development. In addition, rising population and consumer disposable income levels are likely to contribute towards increased spending on construction activities, thereby driving product demand across this region.
Europe accounted for a major share in terms of volume as well as revenue due to high demand from applications such as construction, mining, port & logistics among others which resulted into large production volumes annually across this region.
Growth Factors:
- Increasing demand for OTR tires from the construction and mining sectors
- Rising demand for radial tires over bias ply tires
- Proliferation of new tire technologies and products
- Growing popularity of retreaded OTR tires
- Expansion in global trade, which is resulting in an increase in off-road vehicle usage
Scope Of The Report
Report Attributes
Report Details
Report Title
OTR Bias Tire Market Research Report
By Type
Rim Diameter ≤29 inch, 29 inch<Rim Diameter≤39 inch, 39 inch<Rim Diameter≤49 inch, Rim Diameter >49 inch
By Application
Construction, Mining, Port, Agricultural, Others
By Companies
Michelin, Bridgestone, Goodyear, Titan, Yokohama Tire, Continental, CHEMCHINA, Alliance Tire Group, BKT, Guizhou Tire, Linglong Tire, Apollo, Pirelli, Prinx Chengshan, Double Coin Holdings, Triangle, Zhongce Rubber
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global OTR Bias Tire Market Report Segments:
The global OTR Bias Tire market is segmented on the basis of:
Types
Rim Diameter ≤29 inch, 29 inch<Rim Diameter≤39 inch, 39 inch<Rim Diameter≤49 inch, Rim Diameter >49 inch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Mining, Port, Agricultural, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Michelin
- Bridgestone
- Goodyear
- Titan
- Yokohama Tire
- Continental
- CHEMCHINA
- Alliance Tire Group
- BKT
- Guizhou Tire
- Linglong Tire
- Apollo
- Pirelli
- Prinx Chengshan
- Double Coin Holdings
- Triangle
- Zhongce Rubber
Highlights of The OTR Bias Tire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rim Diameter ≤29 inch
- 29 inch<Rim Diameter≤39 inch
- 39 inch<Rim Diameter≤49 inch
- Rim Diameter >49 inch
- By Application:
- Construction
- Mining
- Port
- Agricultural
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the OTR Bias Tire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
OTR Bias Tire is a type of tire that has a bias towards the outside edge. This means that the tread on the outside edge of the tire will be thicker than on other parts of the tire. This can help improve traction and handling in wet or snowy conditions.
Some of the major players in the otr bias tire market are Michelin, Bridgestone, Goodyear, Titan, Yokohama Tire, Continental, CHEMCHINA, Alliance Tire Group, BKT, Guizhou Tire, Linglong Tire, Apollo, Pirelli, Prinx Chengshan, Double Coin Holdings, Triangle, Zhongce Rubber.
The otr bias tire market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 OTR Bias Tire Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 OTR Bias Tire Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 OTR Bias Tire Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the OTR Bias Tire Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global OTR Bias Tire Market Size & Forecast, 2020-2028 4.5.1 OTR Bias Tire Market Size and Y-o-Y Growth 4.5.2 OTR Bias Tire Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rim Diameter ≤29 inch
5.2.2 29 inch<Rim Diameter≤39 inch
5.2.3 39 inch<Rim Diameter≤49 inch
5.2.4 Rim Diameter >49 inch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Mining
6.2.3 Port
6.2.4 Agricultural
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global OTR Bias Tire Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 OTR Bias Tire Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rim Diameter ≤29 inch
9.6.2 29 inch<Rim Diameter≤39 inch
9.6.3 39 inch<Rim Diameter≤49 inch
9.6.4 Rim Diameter >49 inch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Mining
9.10.3 Port
9.10.4 Agricultural
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rim Diameter ≤29 inch
10.6.2 29 inch<Rim Diameter≤39 inch
10.6.3 39 inch<Rim Diameter≤49 inch
10.6.4 Rim Diameter >49 inch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Mining
10.10.3 Port
10.10.4 Agricultural
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rim Diameter ≤29 inch
11.6.2 29 inch<Rim Diameter≤39 inch
11.6.3 39 inch<Rim Diameter≤49 inch
11.6.4 Rim Diameter >49 inch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Mining
11.10.3 Port
11.10.4 Agricultural
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rim Diameter ≤29 inch
12.6.2 29 inch<Rim Diameter≤39 inch
12.6.3 39 inch<Rim Diameter≤49 inch
12.6.4 Rim Diameter >49 inch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Mining
12.10.3 Port
12.10.4 Agricultural
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rim Diameter ≤29 inch
13.6.2 29 inch<Rim Diameter≤39 inch
13.6.3 39 inch<Rim Diameter≤49 inch
13.6.4 Rim Diameter >49 inch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Mining
13.10.3 Port
13.10.4 Agricultural
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 OTR Bias Tire Market: Competitive Dashboard
14.2 Global OTR Bias Tire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Michelin
14.3.2 Bridgestone
14.3.3 Goodyear
14.3.4 Titan
14.3.5 Yokohama Tire
14.3.6 Continental
14.3.7 CHEMCHINA
14.3.8 Alliance Tire Group
14.3.9 BKT
14.3.10 Guizhou Tire
14.3.11 Linglong Tire
14.3.12 Apollo
14.3.13 Pirelli
14.3.14 Prinx Chengshan
14.3.15 Double Coin Holdings
14.3.16 Triangle
14.3.17 Zhongce Rubber