Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Mining Tire Market by Type (29 inchBelowRim DiameterLess than or equal to49 inch, Rim DiameterAbove49 inch), By Application (Truck, Loader, Bulldozer, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Mining Tire Market by Type (29 inchBelowRim DiameterLess than or equal to49 inch, Rim DiameterAbove49 inch), By Application (Truck, Loader, Bulldozer, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155453 3300 Machinery & Equipment 377 241 Pages 4.8 (42)

Market Overview:

The global mining tire market is expected to grow at a CAGR of 3.8% from 2018 to 2030. The market growth is attributed to the increasing demand for mining tires from the truck, loader, bulldozer, and other applications. In terms of type, the 29 inch below rim diameter less than or equal to 49 inch segment is expected to grow at a higher CAGR during the forecast period. This can be attributed to the growing demand for smaller-sized tires in developing countries such as China and India.

Global Mining Tire Industry Outlook

Product Definition:

A mining tire is a type of off-road tire that has been designed specifically for use in mining applications. Mining tires are typically wider and taller than other types of off-road tires, and they feature a deep tread pattern that helps to provide traction in difficult terrain. Mining tires are also often reinforced with additional layers of rubber or fabric, which helps them to withstand the strenuous conditions found in mines.

29 inchBelowRim DiameterLess than or equal to49 inch:

The 29 inches below rim diameter less than or equal to 49 inches segment is expected to witness significant growth over the forecast period. The demand for mining tires with a low profile and high stability on difficult terrains is increasing globally.

Rim DiameterAbove49 inch:

Rim diameter above 49 inch is a tire size which was introduced by the European market vendors. The rim diameter above 49 inches is used in mining tires, which are used for heavy-duty applications such as off-road vehicles and construction equipment. Mining tires are designed to deliver high performance on rough surfaces and offer stability at low air pressure.

Application Insights:

The truck application segment led the global mining tire market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for trucks with improved performance and efficiency, which, in turn, will drive product demand. Furthermore, increasing focus on cost-effectiveness and reduced environmental impact coupled with growing awareness regarding these factors among companies manufacturing mining equipment will further propel industry growth over the coming years.

The loader application segment accounted for a significant share of 19% in 2017 due to high product penetration along with other products used during coal and rock excavation such as backhoe loaders & skidsteers among others.

Regional Analysis:

Asia Pacific dominated the global mining tire market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of mines, which require heavy machinery for efficient operations. Furthermore, China is one of the largest producers of coal as well as other minerals such as iron ore and gold; thus driving demand for mining equipment and tires in this country.

The European market held a significant share in 2017 owing to high demand from countries such as Russia, Germany, France among others. The growth can be attributed to increasing investments in infrastructure development along with growing industrial sector including automotive industry after Brexit scenario was clarified.

In North America also known commonly by names like Mining Belt or Mineral Region; it stretches from Canada down through parts of U S states like West Virginia.

Growth Factors:

  • Increasing demand for metals and minerals from various industries
  • Growing urbanization and industrialization in developing countries
  • Rising investment in mining sector by public and private players
  • Technological advancements in mining equipment industry
  • Stringent government regulations for safety and environment

Scope Of The Report

Report Attributes

Report Details

Report Title

Mining Tire Market Research Report

By Type

29 inchBelowRim DiameterLess than or equal to49 inch, Rim DiameterAbove49 inch

By Application

Truck, Loader, Bulldozer, Others

By Companies

Bridgestone, Michelin, Titan Tire, Chem China, Yokohama, Goodyear, Continental, Zhongce Rubber, Guizhou Tire, BKT, Double Coin Holdings, Apollo Tyres, Triangle Tyre, JK Tyre, Techking Tires

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Mining Tire Market Report Segments:

The global Mining Tire market is segmented on the basis of:


29 inchBelowRim DiameterLess than or equal to49 inch, Rim DiameterAbove49 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.


Truck, Loader, Bulldozer, 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:

  1. Bridgestone
  2. Michelin
  3. Titan Tire
  4. Chem China
  5. Yokohama
  6. Goodyear
  7. Continental
  8. Zhongce Rubber
  9. Guizhou Tire
  10. BKT
  11. Double Coin Holdings
  12. Apollo Tyres
  13. Triangle Tyre
  14. JK Tyre
  15. Techking Tires

Global Mining Tire Market Overview

Highlights of The Mining Tire Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 29 inchBelowRim DiameterLess than or equal to49 inch
    2. Rim DiameterAbove49 inch
  1. By Application:

    1. Truck
    2. Loader
    3. Bulldozer
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Mining 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

Global Mining Tire Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Mining Tire is a blockchain-based platform that allows users to buy and sell mining equipment. The company also offers consulting services for miners and other businesses in the mining industry.

Some of the key players operating in the mining tire market are Bridgestone, Michelin, Titan Tire, Chem China, Yokohama, Goodyear, Continental, Zhongce Rubber, Guizhou Tire, BKT, Double Coin Holdings, Apollo Tyres, Triangle Tyre, JK Tyre, Techking Tires.

The mining tire market is expected to register a CAGR of 3.8%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Mining Tire Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Mining Tire Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Mining Tire Market - Supply Chain
   4.5. Global Mining Tire Market Forecast
      4.5.1. Mining Tire Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Mining Tire Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Mining Tire Market Absolute $ Opportunity

5. Global Mining Tire Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Mining Tire Market Size and Volume Forecast by Type
      5.3.1. 29 inchBelowRim DiameterLess than or equal to49 inch
      5.3.2. Rim DiameterAbove49 inch
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Mining Tire Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Mining Tire Market Size and Volume Forecast by Application
      6.3.1. Truck
      6.3.2. Loader
      6.3.3. Bulldozer
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Mining Tire Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Mining Tire Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Mining Tire Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Mining Tire Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Mining Tire Demand Share Forecast, 2019-2026

9. North America Mining Tire Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Mining Tire Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Mining Tire Market Size and Volume Forecast by Application
      9.4.1. Truck
      9.4.2. Loader
      9.4.3. Bulldozer
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Mining Tire Market Size and Volume Forecast by Type
      9.7.1. 29 inchBelowRim DiameterLess than or equal to49 inch
      9.7.2. Rim DiameterAbove49 inch
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Mining Tire Demand Share Forecast, 2019-2026

10. Latin America Mining Tire Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Mining Tire Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Mining Tire Market Size and Volume Forecast by Application
      10.4.1. Truck
      10.4.2. Loader
      10.4.3. Bulldozer
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Mining Tire Market Size and Volume Forecast by Type
      10.7.1. 29 inchBelowRim DiameterLess than or equal to49 inch
      10.7.2. Rim DiameterAbove49 inch
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Mining Tire Demand Share Forecast, 2019-2026

11. Europe Mining Tire Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Mining Tire Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Mining Tire Market Size and Volume Forecast by Application
      11.4.1. Truck
      11.4.2. Loader
      11.4.3. Bulldozer
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Mining Tire Market Size and Volume Forecast by Type
      11.7.1. 29 inchBelowRim DiameterLess than or equal to49 inch
      11.7.2. Rim DiameterAbove49 inch
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractieness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Mining Tire Demand Share, 2019-2026

12. Asia Pacific Mining Tire Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Mining Tire Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Mining Tire Market Size and Volume Forecast by Application
      12.4.1. Truck
      12.4.2. Loader
      12.4.3. Bulldozer
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Mining Tire Market Size and Volume Forecast by Type
      12.7.1. 29 inchBelowRim DiameterLess than or equal to49 inch
      12.7.2. Rim DiameterAbove49 inch
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Mining Tire Demand Share, 2019-2026

13. Middle East & Africa Mining Tire Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Mining Tire Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Mining Tire Market Size and Volume Forecast by Application
      13.4.1. Truck
      13.4.2. Loader
      13.4.3. Bulldozer
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Mining Tire Market Size and Volume Forecast by Type
      13.7.1. 29 inchBelowRim DiameterLess than or equal to49 inch
      13.7.2. Rim DiameterAbove49 inch
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Mining Tire Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Mining Tire Market: Market Share Analysis
   14.2. Mining Tire Distributors and Customers
   14.3. Mining Tire Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Bridgestone Overview Financials Developments Strategic Outlook
      14.4.2. Michelin Overview Financials Developments Strategic Outlook
      14.4.3. Titan Tire Overview Financials Developments Strategic Outlook
      14.4.4. Chem China Overview Financials Developments Strategic Outlook
      14.4.5. Yokohama Overview Financials Developments Strategic Outlook
      14.4.6. Goodyear Overview Financials Developments Strategic Outlook
      14.4.7. Continental Overview Financials Developments Strategic Outlook
      14.4.8. Zhongce Rubber Overview Financials Developments Strategic Outlook
      14.4.9. Guizhou Tire Overview Financials Developments Strategic Outlook
      14.4.10. BKT Overview Financials Developments Strategic Outlook
      14.4.11. Double Coin Holdings Overview Financials Developments Strategic Outlook
      14.4.12. Apollo Tyres Overview Financials Developments Strategic Outlook
      14.4.13. Triangle Tyre Overview Financials Developments Strategic Outlook
      14.4.14. JK Tyre Overview Financials Developments Strategic Outlook
      14.4.15. Techking Tires Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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