Market Overview:
The global cross country tires market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cross country tires from mining and construction applications. Additionally, the growing demand for off-road vehicles in developing countries is also contributing to the growth of this market. The global cross country tires market can be segmented on the basis of type, application, and region. On the basis of type,the market can be divided into 26 inches, 29 inches, and other segments.
Product Definition:
Cross country tires are a specific type of off-road tire that is designed for driving on unpaved surfaces. They have a tread pattern that helps them grip the dirt, sand, and gravel roads common in off-road driving, and they also have a higher sidewall to provide more protection from obstacles and debris. Cross country tires are important for off-road driving because they provide better traction than standard street tires and can handle more rugged terrain.
26 Inches:
26 inches is the measurement for wheel size. The 26 inch cross country tires are designed to be used on vehicles with 16 - 20 inches wheels. These tires are suitable for use on light truck, passenger car and SUV applications. It has a wide application range due to its high load carrying capacity and excellent traction properties at low temperatures as compared to standard sizes.
29 Inches:
29 inches is the basic size of cross country tires. It is also known as “1.75 wheels” or “2-1/8 wheels” and it has been used for more than 100 years in various vehicles such as trucks, cars, motorcycles, agricultural vehicles and bicycles. 29 inches diameter tire has a capacity to carry more load compared to 16 inchers which makes it suitable for long distance travel especially in off road conditions where puncture resistance is important.
Application Insights:
The construction application segment led the global cross country tires market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing urbanization across developing countries, such as India and China, which has resulted in an increased demand for construction equipment. Furthermore, governments in developed countries have launched various initiatives for infrastructure development that will boost product demand over the coming years.
The mining sector accounted for 24% of total revenue share in 2017 owing to high product penetration across underground mines around the world due to its superior performance on soft soil conditions along with good traction on rock surfaces.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key mining and construction companies in Australia, China, India, South Korea has created a strong demand for these tires across the globe. In addition, growing industrialization coupled with increasing road infrastructure development is projected to drive regional growth over the next eight years.
The North America market was valued at USD X billion in 2017 and is anticipated to witness significant growth over the forecast period owing to rising mining activities across countries such as Canada & U.S., which has led to an increase in tire production capacity of manufacturers operating within this region including Bridgestone Americas Inc.; Goodyear Tire & Rubber Company; Michelin; Pirelli & Calsport S.p.A among others (Bridgestone-Firestone International LLC).
Growth Factors:
- Increasing demand for Cross Country Tires from the automotive sector as a result of increasing production and sales of passenger cars and commercial vehicles.
- Rising disposable income levels in developing countries, which is resulting in an increase in demand for luxury cars that use Cross Country Tires.
- The increasing popularity of off-road driving and motorsports, which is leading to an increase in the demand for Cross Country Tires.
- Technological advancements that are making Cross Country Tires lighter and more fuel efficient, thus resulting in higher sales volumes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cross Country Tires Market Research Report
By Type
26 Inches, 29 Inches, Other
By Application
Mining, Construction, Others
By Companies
Bridgestone, Michelin, Goodyear, Continental, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, Bridgestone, Toyo Tire, Cooper Tire, Kumho Tire, Apollo Tires Ltd, Nexen Tire, Hengfeng 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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Cross Country Tires Market Report Segments:
The global Cross Country Tires market is segmented on the basis of:
Types
26 Inches, 29 Inches, Other
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
Mining, Construction, 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:
- Bridgestone
- Michelin
- Goodyear
- Continental
- Pirelli
- Hankook
- Sumitomo
- Yokohama
- Maxxis
- Zhongce
- Bridgestone
- Toyo Tire
- Cooper Tire
- Kumho Tire
- Apollo Tires Ltd
- Nexen Tire
- Hengfeng Rubber
Highlights of The Cross Country Tires 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:
- 26 Inches
- 29 Inches
- Other
- By Application:
- Mining
- Construction
- 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 Cross Country Tires 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?
Cross country tires are designed for use on roads and trails. They provide good traction in both environments, making them a good choice for runners who need to cover a lot of ground quickly.
Some of the major players in the cross country tires market are Bridgestone, Michelin, Goodyear, Continental, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, Bridgestone, Toyo Tire, Cooper Tire, Kumho Tire, Apollo Tires Ltd, Nexen Tire, Hengfeng Rubber.
The cross country tires 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 Cross Country Tires 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 Cross Country Tires Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cross Country Tires 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 Cross Country Tires 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 Cross Country Tires Market Size & Forecast, 2018-2028
4.5.1 Cross Country Tires Market Size and Y-o-Y Growth
4.5.2 Cross Country Tires Market Absolute $ Opportunity
Chapter 5 Global Cross Country Tires 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 Cross Country Tires Market Size Forecast by Type
5.2.1 26 Inches
5.2.2 29 Inches
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cross Country Tires 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 Cross Country Tires Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Construction
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cross Country Tires 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 Cross Country Tires 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 Cross Country Tires Analysis and Forecast
9.1 Introduction
9.2 North America Cross Country Tires 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 Cross Country Tires Market Size Forecast by Type
9.6.1 26 Inches
9.6.2 29 Inches
9.6.3 Other
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 Cross Country Tires Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Construction
9.10.3 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 Cross Country Tires Analysis and Forecast
10.1 Introduction
10.2 Europe Cross Country Tires 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 Cross Country Tires Market Size Forecast by Type
10.6.1 26 Inches
10.6.2 29 Inches
10.6.3 Other
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 Cross Country Tires Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Construction
10.10.3 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 Cross Country Tires Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cross Country Tires 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 Cross Country Tires Market Size Forecast by Type
11.6.1 26 Inches
11.6.2 29 Inches
11.6.3 Other
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 Cross Country Tires Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Construction
11.10.3 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 Cross Country Tires Analysis and Forecast
12.1 Introduction
12.2 Latin America Cross Country Tires 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 Cross Country Tires Market Size Forecast by Type
12.6.1 26 Inches
12.6.2 29 Inches
12.6.3 Other
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 Cross Country Tires Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Construction
12.10.3 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) Cross Country Tires Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cross Country Tires 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) Cross Country Tires Market Size Forecast by Type
13.6.1 26 Inches
13.6.2 29 Inches
13.6.3 Other
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) Cross Country Tires Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Construction
13.10.3 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 Cross Country Tires Market: Competitive Dashboard
14.2 Global Cross Country Tires Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bridgestone
14.3.2 Michelin
14.3.3 Goodyear
14.3.4 Continental
14.3.5 Pirelli
14.3.6 Hankook
14.3.7 Sumitomo
14.3.8 Yokohama
14.3.9 Maxxis
14.3.10 Zhongce
14.3.11 Bridgestone
14.3.12 Toyo Tire
14.3.13 Cooper Tire
14.3.14 Kumho Tire
14.3.15 Apollo Tires Ltd
14.3.16 Nexen Tire
14.3.17 Hengfeng Rubber
