Global Off The Road Tires (OTR) Market size was estimated at USD 7.7 billion in 2017 and is expected to reach USD 9.4 billion by 2030, growing at a CAGR of 3.1%. The market is projected to grow moderately over the forecast period supported by the increasing demand for off-road tires in various end-use industries such as mining, construction and agriculture.
Off-road tires are required for different applications such as mining, construction and agriculture among others. Off-road tire can be differentiated on the basis of type into al season tires, winter tires and summer tires; application into mining, construction; region into North America, Latin America, Europe , Asia Pacific & Middle East & Africa. North America is the leading player in the off-road tire market owing to the presence of major players such as Bridgestone Americas, Inc and Michelin North America, LLC .
The global off-road tires market size was estimated at USD 7.7 billion in 2017 and is expected to reach USD 9.4 billion by 2030, growing at a CAGR of 3.1%.
North America is the largest market for off-road tires, accounting for more than 40% of the global consumption. The high demand for mining and construction equipment in North America has fuelled the demand for off-road tires in this region. Moreover, increased adoption of off-road vehicles by research and development organizations in North America is expected to provide opportunities to manufacturers of off-road tires.
Asia Pacific is projected to be the fastest growing market over the forecast period. Adoption of OTRs by construction and mining industry will drive Asia Pacific's growth over the next decade on account of increasing infrastructure projects such as subway systems that are reducing congestion on roads and improving quality of life in urban regions. China is one country which will provide significant opportunities for players operating across this geography.
The study provides a comprehensive analysis on suppliers, cost structure, manufacturing process analysis, downstream buyers (refineries), regional markets (North America, Latin America, Europe, Asia Pacific & Middle East & Africa) and major vendors that operate in these markets along with their competition landscape; it also includes company profiles with relevant attributes such as company scope/products offered/description/marketing strategy/SWOT profile/threats/competition landscape etc, apart from an exhaustive list of companies operating across different regions.
Industry Growth Insights published a new data on “Off The Road Tires (OTR) Market”. The research report is titled “Off The Road Tires (OTR) Market research by Types (All-Season Tires, Winter Tires, Summer Tires, Other), By Applications (Mining, Construction, Others), By Players/Companies Bridgestone, Michelin, Goodyear, Continental, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, GITI Tire, Toyo Tire, Cooper Tire, Kumho Tire, Apollo Tires Ltd, Triangle Group, Nexen Tire, Hengfeng Rubber, Nokian Tyres”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Off The Road Tires (OTR) Market Research Report
By Type
All-Season Tires, Winter Tires, Summer Tires, Other
By Application
Mining, Construction, Others
By Companies
Bridgestone, Michelin, Goodyear, Continental, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, GITI Tire, Toyo Tire, Cooper Tire, Kumho Tire, Apollo Tires Ltd, 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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Off The Road Tires (OTR) Market Report Segments:
The global Off The Road Tires (OTR) market is segmented on the basis of:
Types
All-Season Tires, Winter Tires, Summer Tires, 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
- GITI Tire
- Toyo Tire
- Cooper Tire
- Kumho Tire
- Apollo Tires Ltd
- Triangle Group
- Nexen Tire
- Hengfeng Rubber
- Nokian Tyres
 Market Overview.svg)
Highlights of The Off The Road Tires (OTR) 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:
- All-Season Tires
- Winter Tires
- Summer Tires
- 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 Off The Road Tires (OTR) 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
 Market Statistics.svg)
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 The Road Tires (OTR) is a brand of off-road tires.
Some of the major players in the off the road tires (otr) market are Bridgestone, Michelin, Goodyear, Continental, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, GITI Tire, Toyo Tire, Cooper Tire, Kumho Tire, Apollo Tires Ltd, Triangle Group, Nexen Tire, Hengfeng Rubber, Nokian Tyres.
The off the road tires (otr) market is expected to register a CAGR of 3.1%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Off the Road Tires (OTR) 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 the Road Tires (OTR) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Off the Road Tires (OTR) Market - Supply Chain
4.5. Global Off the Road Tires (OTR) Market Forecast
4.5.1. Off the Road Tires (OTR) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Off the Road Tires (OTR) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Off the Road Tires (OTR) Market Absolute $ Opportunity
5. Global Off the Road Tires (OTR) 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 the Road Tires (OTR) Market Size and Volume Forecast by Type
5.3.1. All-Season Tires
5.3.2. Winter Tires
5.3.3. Summer Tires
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Off the Road Tires (OTR) 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 the Road Tires (OTR) Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Construction
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Off the Road Tires (OTR) 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 the Road Tires (OTR) 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 the Road Tires (OTR) 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 the Road Tires (OTR) 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 the Road Tires (OTR) Demand Share Forecast, 2019-2026
9. North America Off the Road Tires (OTR) 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 the Road Tires (OTR) 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 the Road Tires (OTR) Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Construction
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Off the Road Tires (OTR) Market Size and Volume Forecast by Type
9.7.1. All-Season Tires
9.7.2. Winter Tires
9.7.3. Summer Tires
9.7.4. Other
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 the Road Tires (OTR) Demand Share Forecast, 2019-2026
10. Latin America Off the Road Tires (OTR) 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 the Road Tires (OTR) 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 the Road Tires (OTR) Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Construction
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Off the Road Tires (OTR) Market Size and Volume Forecast by Type
10.7.1. All-Season Tires
10.7.2. Winter Tires
10.7.3. Summer Tires
10.7.4. Other
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 the Road Tires (OTR) Demand Share Forecast, 2019-2026
11. Europe Off the Road Tires (OTR) 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 the Road Tires (OTR) 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 the Road Tires (OTR) Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Construction
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Off the Road Tires (OTR) Market Size and Volume Forecast by Type
11.7.1. All-Season Tires
11.7.2. Winter Tires
11.7.3. Summer Tires
11.7.4. Other
11.8. Basis Point Shar (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 the Road Tires (OTR) Demand Share, 2019-2026
12. Asia Pacific Off the Road Tires (OTR) 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 the Road Tires (OTR) 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 the Road Tires (OTR) Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Construction
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Off the Road Tires (OTR) Market Size and Volume Forecast by Type
12.7.1. All-Season Tires
12.7.2. Winter Tires
12.7.3. Summer Tires
12.7.4. Other
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 the Road Tires (OTR) Demand Share, 2019-2026
13. Middle East & Africa Off the Road Tires (OTR) 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 the Road Tires (OTR) 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 the Road Tires (OTR) Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Construction
13.4.3. 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 the Road Tires (OTR) Market Size and Volume Forecast by Type
13.7.1. All-Season Tires
13.7.2. Winter Tires
13.7.3. Summer Tires
13.7.4. Other
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 the Road Tires (OTR) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Off the Road Tires (OTR) Market: Market Share Analysis
14.2. Off the Road Tires (OTR) Distributors and Customers
14.3. Off the Road Tires (OTR) 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. Michelin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Goodyear
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
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. Apollo Tires Ltd
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Triangle Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Nexen Tire
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hengfeng Rubber
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Nokian Tyres
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
