The global off road tires market is expected to grow at a CAGR of 4.8% from 2021 to 2030. Increasing demand for off road vehicles, coupled with the increasing number of motorsport enthusiasts is likely to fuel the growth of this market. The most significant factor driving the market for off road tires is the increasing awareness among people about environmental conservation and protection. The rise in popularity of cross-country type challenges such as Dakar Rally will also boost the demand for off road tires in the future.
Mud Tires: The mud tire segment accounted for nearly half (47%) of all sales in 2017 and are expected to account for 44% by 2030. The mud tire segment held over 60% share among all segments in some regions such as North America and Asia Pacific. These tyres are manufactured using rubber compounds which have high levels of silica content that provide greater traction on loose surfaces such as sand or wet dirt but may get stuck on asphalt or dry ground surfaces due to reduced levels of silica content which makes them suitable only in muddy conditions with loose surface like sand or wet dirt areas that make it difficult for other types to traverse without getting stuck due their low level silica content that provides lesser traction on paved roads and asphalt area where other types can travel without getting stuck easily due their higher level silicas content which enables them greater traction on paved surfaces like asphalt or dry ground area which makes them suitable only under muddy conditions with loose surface like sand or wet dirt areas where they have better rolling resistance than other types making it difficult for other types to traverse without getting stuck due their low level silicas contents that provides lesser traction than others paving way to better rolling resistance under specific muddy conditions with looser surface like sandy soils or moist soil areas that make it more challenging for others especially those having low levels silica contents capable enough offer good grip while travelling through paved surfaces like asphalt or dry ground areas where they have better rolling resistance than other types.
All Terrain Tires: The all terrain tire segment accounted for nearly one-fourth (24%) of all sales in 2017 and are expected to account for 20% by 2030.
All Terrain Tires: The all terrain tire segment is expected to grow at the highest CAGR of 5.2% during the forecast period from 2021 to 2030 mainly due to increase in demand for off- road vehicles coupled with increasing number of motorsport enthusiasts.
Industry Growth Insights published a new data on “Off Road Tires Market”. The research report is titled “Off Road Tires Market research by Types (Mud Tires, All Terrain Tires, Others), By Applications (Truck, SUV, ATVs, Motorcycles, Others), By Players/Companies Bridgestone, Goodyear, Michelin, Continental AG, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, GITI Tire, Toyo Tire, Cooper Tire, Kumho Tire, Triangle Group, Nexen Tire, Hengfeng Rubber, Nokian Tyres”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Off Road Tires Market Research Report
By Type
Mud Tires, All Terrain Tires, Others
By Application
Truck, SUV, ATVs, Motorcycles, Others
By Companies
Bridgestone, Goodyear, Michelin, Continental AG, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, GITI Tire, Toyo Tire, Cooper Tire, Kumho Tire, Triangle Group, Nexen Tire, Hengfeng Rubber, Nokian 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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Off Road Tires Market Report Segments:
The global Off Road Tires market is segmented on the basis of:
Types
Mud Tires, All Terrain Tires, Others
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
Truck, SUV, ATVs, Motorcycles, 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
- Goodyear
- Michelin
- Continental AG
- Pirelli
- Hankook
- Sumitomo
- Yokohama
- Maxxis
- Zhongce
- GITI Tire
- Toyo Tire
- Cooper Tire
- Kumho Tire
- Triangle Group
- Nexen Tire
- Hengfeng Rubber
- Nokian Tyres
Highlights of The Off Road 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:
- Mud Tires
- All Terrain Tires
- Others
- By Application:
- Truck
- SUV
- ATVs
- Motorcycles
- 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 Off Road 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?
Off-road tires are designed for use on dirt, gravel, and other rough surfaces. They provide better traction and stability than regular passenger car tires on these types of surfaces.
Some of the major players in the off road tires market are Bridgestone, Goodyear, Michelin, Continental AG, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, GITI Tire, Toyo Tire, Cooper Tire, Kumho Tire, Triangle Group, Nexen Tire, Hengfeng Rubber, Nokian Tyres.
The off road tires market is expected to grow at a compound annual growth rate of 4.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Off Road 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. Off Road Tires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Off Road Tires Market - Supply Chain
4.5. Global Off Road Tires Market Forecast
4.5.1. Off Road Tires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Off Road Tires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Off Road Tires Market Absolute $ Opportunity
5. Global Off Road 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. Off Road Tires Market Size and Volume Forecast by Type
5.3.1. Mud Tires
5.3.2. All Terrain Tires
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Off Road 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. Off Road Tires Market Size and Volume Forecast by Application
6.3.1. Truck
6.3.2. SUV
6.3.3. ATVs
6.3.4. Motorcycles
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Off Road 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. Off Road 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 Off Road 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. Off Road 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 Off Road Tires Demand Share Forecast, 2019-2026
9. North America Off Road 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 Off Road 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 Off Road Tires Market Size and Volume Forecast by Application
9.4.1. Truck
9.4.2. SUV
9.4.3. ATVs
9.4.4. Motorcycles
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Off Road Tires Market Size and Volume Forecast by Type
9.7.1. Mud Tires
9.7.2. All Terrain Tires
9.7.3. Others
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 Off Road Tires Demand Share Forecast, 2019-2026
10. Latin America Off Road 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 Off Road 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 Off Road Tires Market Size and Volume Forecast by Application
10.4.1. Truck
10.4.2. SUV
10.4.3. ATVs
10.4.4. Motorcycles
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Off Road Tires Market Size and Volume Forecast by Type
10.7.1. Mud Tires
10.7.2. All Terrain Tires
10.7.3. Others
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 Off Road Tires Demand Share Forecast, 2019-2026
11. Europe Off Road 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 Off Road 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 Off Road Tires Market Size and Volume Forecast by Application
11.4.1. Truck
11.4.2. SUV
11.4.3. ATVs
11.4.4. Motorcycles
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Off Road Tires Market Size and Volume Forecast by Type
11.7.1. Mud Tires
11.7.2. All Terrain Tires
11.7.3. Others
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 Off Road Tires Demand Share, 2019-2026
12. Asia Pacific Off Road 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 Off Road 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 Off Road Tires Market Size and Volume Forecast by Application
12.4.1. Truck
12.4.2. SUV
12.4.3. ATVs
12.4.4. Motorcycles
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Off Road Tires Market Size and Volume Forecast by Type
12.7.1. Mud Tires
12.7.2. All Terrain Tires
12.7.3. Others
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 Off Road Tires Demand Share, 2019-2026
13. Middle East & Africa Off Road 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 Off Road 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 Off Road Tires Market Size and Volume Forecast by Application
13.4.1. Truck
13.4.2. SUV
13.4.3. ATVs
13.4.4. Motorcycles
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Off Road Tires Market Size and Volume Forecast by Type
13.7.1. Mud Tires
13.7.2. All Terrain Tires
13.7.3. Others
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 Off Road Tires Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Off Road Tires Market: Market Share Analysis
14.2. Off Road Tires Distributors and Customers
14.3. Off Road Tires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bridgestone
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. Michelin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Continental AG
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
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hankook
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sumitomo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yokohama
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Maxxis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhongce
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GITI Tire
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Toyo Tire
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cooper Tire
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kumho Tire
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Triangle Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Nexen Tire
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hengfeng Rubber
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nokian Tyres
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
