Market Overview:
The global construction machinery 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 construction equipment, especially in developing countries such as China and India. Additionally, the growing infrastructure development activities across the globe are also fueling the demand for construction machinery tires. The global construction machinery tire market is segmented on the basis of type, application, and region. On the basis of type, it is divided into rim diameter ≤29 inch, 29 inch＜rim diameter≤39 inch, 39 inch＜rim diameter≤49 inch and rim diameter ＞49 inch segments. The rim diameter ≤29 segment is projected to grow at a CAGR of 6% during 2018-2030 owing to its high adoption in small equipment such as excavators and loaders used in residential & commercial constructions projects across various regions worldwide.
Product Definition:
A construction machinery tire is a large, heavy-duty pneumatic tire designed to handle the extreme loads and terrain conditions encountered in construction applications.
Rim Diameter ≤29 inch:
29 inch＜Rim Diameter≤39 inch:
29 inch＜rim diameter≤39 inch is the range of wheel size that can be used in construction machinery tire market. The 29-inch rim diameter range was chosen because it falls right in the middle between 26-inch and 30-inch sizes, which are popular for passenger cars and light truck tires. Construction machinery tires need to carry a heavy load every day, so they are built with thicker walls to provide more resistance against punctures and tears.
Application Insights:
The others application segment includes skid loaders, tractors, dragline excavators and concrete molds. The demand for construction machinery tires is expected to increase with the rise in infrastructural development activities across regions. For instance, according to the data published by World Bank in 2017, around USD 1.7 trillion was invested globally which was a rise of 6% from 2016. Such investments are likely to propel product demand over the forecast period.
The growth of residential and commercial construction sectors has been significant in emerging economies including China India and Brazil owing to increasing disposable income levels coupled with rising population is anticipated to boost product penetration over the forecast period ¹8%.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness significant growth owing to increasing infrastructure activities, coupled with rising urbanization across countries such as China, India, Indonesia and Vietnam. Moreover, growing construction of residential buildings by real estate companies in these countries will drive product demand further.
The Asia Pacific market was valued at USD X billion in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization along with an increase in foreign investments across various sectors including manufacturing & automotive and infrastructural development activities for supporting better connectivity with neighboring countries through road networks thereby driving regional product demand over the forecast period.
Growth Factors:
- Increasing demand for construction machinery from the infrastructure and construction sectors
- Rising disposable income of consumers in developing countries, which is resulting in an increase in investments in construction projects
- Technological advancements that are making construction machinery more efficient and productive
- Growing awareness about the benefits of usingconstruction machinery tires among end-users
- Stringent government regulations mandating the use ofconstruction machinery tires
Scope Of The Report
Report Attributes
Report Details
Report Title
Constrution Machinery 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
Excavators, Loaders, Compactors, Dump Truck, Bulldozers, 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, Fujian Haian Rubber, Shandong Taishan Tyre, Shandong Yinbao, Doublestar, JK Tyre, Eurotire, Hawk International Rubber, Techking Tires
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Constrution Machinery Tire Market Report Segments:
The global Constrution Machinery 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
Excavators, Loaders, Compactors, Dump Truck, Bulldozers, 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
- Fujian Haian Rubber
- Shandong Taishan Tyre
- Shandong Yinbao
- Doublestar
- JK Tyre
- Eurotire
- Hawk International Rubber
- Techking Tires
Highlights of The Constrution Machinery 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:
- Excavators
- Loaders
- Compactors
- Dump Truck
- Bulldozers
- 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 Constrution Machinery 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.
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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?
Constrution Machinery Tire is a type of tire specifically designed for construction equipment. These tires are made from a variety of materials, including rubber and steel, and are designed to provide durability and stability while being lightweight.
Some of the key players operating in the constrution machinery 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, Fujian Haian Rubber, Shandong Taishan Tyre, Shandong Yinbao, Doublestar, JK Tyre, Eurotire, Hawk International Rubber, Techking Tires.
The constrution machinery 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 Constrution Machinery 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 Constrution Machinery Tire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Constrution Machinery 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 Constrution Machinery 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 Constrution Machinery Tire Market Size & Forecast, 2018-2028
4.5.1 Constrution Machinery Tire Market Size and Y-o-Y Growth
4.5.2 Constrution Machinery Tire Market Absolute $ Opportunity
Chapter 5 Global Constrution Machinery Tire 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 Constrution Machinery Tire 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 Constrution Machinery Tire 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 Constrution Machinery Tire Market Size Forecast by Applications
6.2.1 Excavators
6.2.2 Loaders
6.2.3 Compactors
6.2.4 Dump Truck
6.2.5 Bulldozers
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Constrution Machinery 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 Constrution Machinery 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 Constrution Machinery Tire Analysis and Forecast
9.1 Introduction
9.2 North America Constrution Machinery Tire 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 Constrution Machinery Tire 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 Constrution Machinery Tire Market Size Forecast by Applications
9.10.1 Excavators
9.10.2 Loaders
9.10.3 Compactors
9.10.4 Dump Truck
9.10.5 Bulldozers
9.10.6 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 Constrution Machinery Tire Analysis and Forecast
10.1 Introduction
10.2 Europe Constrution Machinery Tire 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 Constrution Machinery Tire 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 Constrution Machinery Tire Market Size Forecast by Applications
10.10.1 Excavators
10.10.2 Loaders
10.10.3 Compactors
10.10.4 Dump Truck
10.10.5 Bulldozers
10.10.6 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 Constrution Machinery Tire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Constrution Machinery Tire 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 Constrution Machinery Tire 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 Constrution Machinery Tire Market Size Forecast by Applications
11.10.1 Excavators
11.10.2 Loaders
11.10.3 Compactors
11.10.4 Dump Truck
11.10.5 Bulldozers
11.10.6 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 Constrution Machinery Tire Analysis and Forecast
12.1 Introduction
12.2 Latin America Constrution Machinery Tire 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 Constrution Machinery Tire 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 Constrution Machinery Tire Market Size Forecast by Applications
12.10.1 Excavators
12.10.2 Loaders
12.10.3 Compactors
12.10.4 Dump Truck
12.10.5 Bulldozers
12.10.6 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) Constrution Machinery Tire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Constrution Machinery Tire 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) Constrution Machinery Tire 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) Constrution Machinery Tire Market Size Forecast by Applications
13.10.1 Excavators
13.10.2 Loaders
13.10.3 Compactors
13.10.4 Dump Truck
13.10.5 Bulldozers
13.10.6 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 Constrution Machinery Tire Market: Competitive Dashboard
14.2 Global Constrution Machinery 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
14.3.18 Fujian Haian Rubber
14.3.19 Shandong Taishan Tyre
14.3.20 Shandong Yinbao
14.3.21 Doublestar
14.3.22 JK Tyre
14.3.23 Eurotire
14.3.24 Hawk International Rubber
14.3.25 Techking Tires
