Market Overview:
The global agricultural tractor tyres 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 agricultural tractors across the globe, owing to the rising population and subsequent increase in food demand. In addition, factors such as technological advancements in agriculture tractor tyres and increasing awareness about tyre safety are also contributing to the growth of this market. On the basis of type, radial agriculture tires are expected to dominate the global agricultural tractor tyres market during the forecast period from 2018 to 2030. This can be attributed to their superior performance as compared with bias (crossply) agriculture tires. Radial tires offer better traction on wet surfaces and provide longer life than bias (crossply) tires. They are also less prone to damage when driven over obstacles or when used for off-road applications, making them a preferred choice among farmers worldwide.
Product Definition:
Agricultural tractor tyres are tyres that are specifically designed for agricultural tractors. They have a deep tread pattern that helps them grip the ground and provide traction, as well as a tough sidewall that can withstand the wear and tear of farming applications. Agricultural tractor tyres are important for providing traction and stability to agricultural tractors, which allows them to safely operate in various types of terrain.
Radial Agriculture Tires:
Radial agriculture tires are designed to enhance the performance of agricultural tractors. The product is manufactured using rubber, which is vulcanized in a radial tire mold. It has a tread pattern that provides better traction than conventional semi-pneumatic tires and also offers higher stability on wet and slushy roads.
The global market for agricultural tractors was valued at over USD 20 billion in 2015.
Bias (Crossply) Agriculture Tires:
Bias agriculture tires are specially designed to cater to the needs of farmers who work in extreme conditions. Bias or crossply tires are made up of plywood and can be used in both wet and dry conditions. These products were developed for use on tractors but now find a place in other farm vehicles as well such as carts, wagons, etc. The bias agriculture tire is a unique design that provides better stability while driving through uneven surfaces than a standard ply tire would offer.
Application Insights:
The market is segmented by application into corn, wheat, rice and other crops. The corn application dominated the overall industry in terms of revenue share in 2017. This can be attributed to the extensive use of tractors for harvesting maize crops across various regions worldwide. Corn is an important crop for farmers globally as it provides food and energy security to a large population living on small land areas.
Rising demand for biofuel among end-users coupled with growing concerns regarding global warming due to increased greenhouse gas emissions has resulted in a significant increase in the adoption of biodiesel over conventional diesel around the world.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large tract of arable land that can be used for farming practices. Arable land in Asia Pacific accounted for 29% of the total area, while it occupied only 24% of total cultivated area worldwide. Thus, there is ample opportunity for expansion of agricultural activities across Asia Pacific on account increasing population and food demand, which will drive product demand over the coming years.
Europe was estimated to be valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for agricultural tractor tyres from the developing countries due to the increasing population and their growing economy.
- The increasing awareness about the benefits of using agricultural tractor tyres in terms of fuel efficiency, productivity, and soil health is driving the market growth.
- The technological advancements in tyre manufacturing are helping to improve the quality and performance of agricultural tractor tyres, which is further propelling market growth.
- Growing demand for specialty tyres such as those with low rolling resistance or those designed for specific applications is also contributing to market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Agricultural Tractor Tyres Market Research Report
By Type
Radial Agriculture Tires, Bias (Crossply) Agriculture Tires
By Application
Corn, Wheat, Rice, Other
By Companies
Michelin, Bridgestone, Titan International, Pirelli, Trelleborg, AGT, BKT, Mitas, Sumitomo, Nokian, Michelin, J.K. Tyre, Carlisle, Specialty Tires, Delta, CEAT
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Agricultural Tractor Tyres Market Report Segments:
The global Agricultural Tractor Tyres market is segmented on the basis of:
Types
Radial Agriculture Tires, Bias (Crossply) Agriculture Tires
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
Corn, Wheat, Rice, Other
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
- Titan International
- Pirelli
- Trelleborg
- AGT
- BKT
- Mitas
- Sumitomo
- Nokian
- Michelin
- J.K. Tyre
- Carlisle
- Specialty Tires
- Delta
- CEAT
Highlights of The Agricultural Tractor Tyres 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:
- Radial Agriculture Tires
- Bias (Crossply) Agriculture Tires
- By Application:
- Corn
- Wheat
- Rice
- Other
- 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 Agricultural Tractor Tyres 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
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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?
Agricultural tractor tyres are designed to provide traction and stability for tractors while working in fields. They are made from a variety of materials, including rubber, plastic, and metal. Agricultural tractor tyres can be inflated with air or oil to provide the desired level of traction.
Some of the major companies in the agricultural tractor tyres market are Michelin, Bridgestone, Titan International, Pirelli, Trelleborg, AGT, BKT, Mitas, Sumitomo, Nokian, Michelin, J.K. Tyre, Carlisle, Specialty Tires, Delta, CEAT.
The agricultural tractor tyres market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agricultural Tractor Tyres 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 Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Market Size & Forecast, 2018-2028
4.5.1 Agricultural Tractor Tyres Market Size and Y-o-Y Growth
4.5.2 Agricultural Tractor Tyres Market Absolute $ Opportunity
Chapter 5 Global Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Market Size Forecast by Type
5.2.1 Radial Agriculture Tires
5.2.2 Bias (Crossply) Agriculture Tires
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Market Size Forecast by Applications
6.2.1 Corn
6.2.2 Wheat
6.2.3 Rice
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agricultural Tractor Tyres 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 Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Analysis and Forecast
9.1 Introduction
9.2 North America Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Market Size Forecast by Type
9.6.1 Radial Agriculture Tires
9.6.2 Bias (Crossply) Agriculture Tires
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 Agricultural Tractor Tyres Market Size Forecast by Applications
9.10.1 Corn
9.10.2 Wheat
9.10.3 Rice
9.10.4 Other
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 Agricultural Tractor Tyres Analysis and Forecast
10.1 Introduction
10.2 Europe Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Market Size Forecast by Type
10.6.1 Radial Agriculture Tires
10.6.2 Bias (Crossply) Agriculture Tires
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 Agricultural Tractor Tyres Market Size Forecast by Applications
10.10.1 Corn
10.10.2 Wheat
10.10.3 Rice
10.10.4 Other
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 Agricultural Tractor Tyres Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Market Size Forecast by Type
11.6.1 Radial Agriculture Tires
11.6.2 Bias (Crossply) Agriculture Tires
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 Agricultural Tractor Tyres Market Size Forecast by Applications
11.10.1 Corn
11.10.2 Wheat
11.10.3 Rice
11.10.4 Other
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 Agricultural Tractor Tyres Analysis and Forecast
12.1 Introduction
12.2 Latin America Agricultural Tractor Tyres 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 Agricultural Tractor Tyres Market Size Forecast by Type
12.6.1 Radial Agriculture Tires
12.6.2 Bias (Crossply) Agriculture Tires
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 Agricultural Tractor Tyres Market Size Forecast by Applications
12.10.1 Corn
12.10.2 Wheat
12.10.3 Rice
12.10.4 Other
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) Agricultural Tractor Tyres Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Agricultural Tractor Tyres 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) Agricultural Tractor Tyres Market Size Forecast by Type
13.6.1 Radial Agriculture Tires
13.6.2 Bias (Crossply) Agriculture Tires
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) Agricultural Tractor Tyres Market Size Forecast by Applications
13.10.1 Corn
13.10.2 Wheat
13.10.3 Rice
13.10.4 Other
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 Agricultural Tractor Tyres Market: Competitive Dashboard
14.2 Global Agricultural Tractor Tyres 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 Titan International
14.3.4 Pirelli
14.3.5 Trelleborg
14.3.6 AGT
14.3.7 BKT
14.3.8 Mitas
14.3.9 Sumitomo
14.3.10 Nokian
14.3.11 Michelin
14.3.12 J.K. Tyre
14.3.13 Carlisle
14.3.14 Specialty Tires
14.3.15 Delta
14.3.16 CEAT
