Market Overview:
The global mud terrain tires market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for off-road vehicles, especially in the developing countries. The global mud terrain tires market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into radial tires and bias-ply tires. Radial Mud Terrain Tires are expected to account for a larger share than bias-ply Mud Terrain Tires during the forecast period owing to their superior performance characteristics such as high load carrying capacity and better stability on uneven surfaces when compared with bias-ply Mud Terrain Tires. On the basis of application, aftermarket accounted for a larger share than OEM in 2017 owing to higher replacement demand as opposed to new vehicle sales across regions. However, OEM is expected exhibit higher CAGR during 2018–2030 due rising demand from original equipment manufacturers for off-road vehicles equipped with mud terrain tires across regions.
Product Definition:
Mud terrain tires are designed to provide better traction in mud and dirt than all-terrain tires. They have wider treads and deeper lugs that dig into loose surfaces to provide stability. Mud terrain tires also have a softer rubber compound that sticks to wet surfaces better than standard all-terrain tires.
Radial Tires:
Radial tires are designed to deliver better performance in off-road conditions. They have a ribbed pattern that helps them grip the surface of mud, sand or snow better than non- radial tires. The tread pattern is designed to cut through the soil or mud and provide maximum contact area with the road for more stability and control while driving through uneven surfaces.
Bias-ply Tires:
Bias-ply tires are bias- ply tires are manufactured with two plies of tire fabric, one layer of rubberized compound and the other layer made from natural fibers. The product is gaining popularity in the off road racing market owing to its ability to deliver higher levels of performance on challenging terrains. Bias-ply tires can be used for applications including light truck, passenger car and 2/3 wheelers.
Application Insights:
The original equipment manufacturer (OEM) segment held the largest market share in 2017. The OEMs use these products as replacements for existing tires or when installing new vehicles. For instance, Bridgestone Corporation supplies OEM tires for several Ford Motor Company vehicles and trucks in North America. In addition, Goodyear Tire & Rubber Company provides various OEM tire types to General Motors LLC and other auto manufacturers worldwide.
The aftermarket segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to growing demand for mud terrain tires by recreational vehicle owners as well as off-roaders on account of their high traction capabilities on varied surfaces including mud, snow.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of prominent players such as Goodyear, Michelin and Bridgestone. The region is expected to maintain its dominance over the forecast period due to high consumer awareness regarding tire maintenance. Moreover, stringent government regulations regarding fuel economy are anticipated to drive demand for mud terrain tires in this region.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to increasing demand from OEMs and aftermarket customers for vehicles with improved ride quality and enhanced safety features such as anti-lock braking system (ABS) and electronic stability control (ESC). In addition, rising disposable income levels coupled with growing urbanization will augment product sales over the next eight years.
Latin America has a vast network of service centers that repair or replace tires on cars driven across Brazil, Argentina, Venezuela, Colombia etc.
Growth Factors:
- Increasing demand for off-road vehicles: The popularity of off-road vehicles is increasing globally, which is driving the demand for mud terrain tires.
- Rising disposable income: The growth in the global middle class population is resulting in an increase in discretionary spending, thereby boosting the demand for mud terrain tires.
- Technological advancements: Mud terrain tires are becoming increasingly sophisticated with better features and performance, which is resulting in higher adoption rates.
- Growing awareness about the benefits of mud terrain tires: Consumers are becoming more aware of the benefits offered by these tires, such as improved traction and handling on difficult terrains, leading to higher purchase intentions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mud Terrain Tires Market Research Report
By Type
Radial Tires, Bias-ply Tires
By Application
Aftermarket, Original Equipment Manufacturer (OEM)
By Companies
Continental, Goodyear, Sumitomo Rubber, Bridgestone, Pirelli Tyre, Yokohama Rubber, Goodrich Tyres, Atturo Tire, Nitto Tire, Cooper, Mickey Thompson, Lexani Wheels, Federal Tyres
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 Mud Terrain Tires Market Report Segments:
The global Mud Terrain Tires market is segmented on the basis of:
Types
Radial Tires, Bias-ply 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
Aftermarket, Original Equipment Manufacturer (OEM)
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:
- Continental
- Goodyear
- Sumitomo Rubber
- Bridgestone
- Pirelli Tyre
- Yokohama Rubber
- Goodrich Tyres
- Atturo Tire
- Nitto Tire
- Cooper
- Mickey Thompson
- Lexani Wheels
- Federal Tyres
Highlights of The Mud Terrain 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:
- Radial Tires
- Bias-ply Tires
- By Application:
- Aftermarket
- Original Equipment Manufacturer (OEM)
- 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 Mud Terrain 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?
Mud terrain tires are designed to provide traction in mud, snow, and other wet surfaces. Mud terrain tires typically have a higher profile than regular tires and are made from materials that resist wear and tear in wet conditions.
Some of the key players operating in the mud terrain tires market are Continental, Goodyear, Sumitomo Rubber, Bridgestone, Pirelli Tyre, Yokohama Rubber, Goodrich Tyres, Atturo Tire, Nitto Tire, Cooper, Mickey Thompson, Lexani Wheels, Federal Tyres.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mud Terrain Tires 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. Mud Terrain Tires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mud Terrain Tires Market - Supply Chain
4.5. Global Mud Terrain Tires Market Forecast
4.5.1. Mud Terrain Tires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mud Terrain Tires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mud Terrain Tires Market Absolute $ Opportunity
5. Global Mud Terrain Tires 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. Mud Terrain Tires Market Size and Volume Forecast by Type
5.3.1. Radial Tires
5.3.2. Bias-ply Tires
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mud Terrain Tires 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. Mud Terrain Tires Market Size and Volume Forecast by Application
6.3.1. Aftermarket
6.3.2. Original Equipment Manufacturer (OEM)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mud Terrain Tires 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. Mud Terrain Tires 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 Mud Terrain Tires 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. Mud Terrain Tires 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 Mud Terrain Tires Demand Share Forecast, 2019-2029
9. North America Mud Terrain Tires 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 Mud Terrain Tires 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 Mud Terrain Tires Market Size and Volume Forecast by Application
9.4.1. Aftermarket
9.4.2. Original Equipment Manufacturer (OEM)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mud Terrain Tires Market Size and Volume Forecast by Type
9.7.1. Radial Tires
9.7.2. Bias-ply Tires
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 Mud Terrain Tires Demand Share Forecast, 2019-2029
10. Latin America Mud Terrain Tires 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 Mud Terrain Tires 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 Mud Terrain Tires Market Size and Volume Forecast by Application
10.4.1. Aftermarket
10.4.2. Original Equipment Manufacturer (OEM)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mud Terrain Tires Market Size and Volume Forecast by Type
10.7.1. Radial Tires
10.7.2. Bias-ply Tires
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 Mud Terrain Tires Demand Share Forecast, 2019-2029
11. Europe Mud Terrain Tires 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 Mud Terrain Tires 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 Mud Terrain Tires Market Size and Volume Forecast by Application
11.4.1. Aftermarket
11.4.2. Original Equipment Manufacturer (OEM)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mud Terrain Tires Market Size and Volume Forecast by Type
11.7.1. Radial Tires
11.7.2. Bias-ply Tires
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Mud Terrain Tires Demand Share, 2019-2029
12. Asia Pacific Mud Terrain Tires 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 Mud Terrain Tires 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 Mud Terrain Tires Market Size and Volume Forecast by Application
12.4.1. Aftermarket
12.4.2. Original Equipment Manufacturer (OEM)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mud Terrain Tires Market Size and Volume Forecast by Type
12.7.1. Radial Tires
12.7.2. Bias-ply Tires
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 Mud Terrain Tires Demand Share, 2019-2029
13. Middle East & Africa Mud Terrain Tires 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 Mud Terrain Tires 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 Mud Terrain Tires Market Size and Volume Forecast by Application
13.4.1. Aftermarket
13.4.2. Original Equipment Manufacturer (OEM)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mud Terrain Tires Market Size and Volume Forecast by Type
13.7.1. Radial Tires
13.7.2. Bias-ply Tires
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 Mud Terrain Tires Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Mud Terrain Tires Market: Market Share Analysis
14.2. Mud Terrain Tires Distributors and Customers
14.3. Mud Terrain Tires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Continental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Goodyear
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sumitomo Rubber
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bridgestone
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pirelli Tyre
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yokohama Rubber
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Goodrich Tyres
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atturo Tire
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nitto Tire
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cooper
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mickey Thompson
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lexani Wheels
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Federal Tyres
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
