Global OTR Tire Market (2019-2025) | Share, Growth, Trends, Revenue, Forecast, Analysis, Value, Companies, Outlook, Industry & Size

Growing construction projects and surging industrial development investment by the government are some of the key factors which are driving the demand for earthmoving equipment, these factors would, in turn, spur the growth of the OTR tire market during the forecast period. OTR tires are used in material handling and earthmoving vehicles, construction, and machinery that are utilized in construction projects, mining, and other industrial verticals. Additionally, modernization and increased automation in the industrial and construction process along with growing construction activities would further drive the demand for OTR tires in the future. 

According to 6Wresearch, Global OTR tire market size is projected to witness a substantial growth due to increasing demand from construction verticals. Emerging markets such as India, China, and Brazil are investing heavily in construction vehicles. India and China dominate the tractor market worldwide. Further, North America is also expected to demonstrate a substantial rise in demand for OTR tires over the next few years. Additionally, African countries are also witnessing a significant rise in demand for OTR tires due to rising investment by the government in construction and other industrial projects.

The construction segment dominates the Global OTR tire market primarily due to increased usage of loaders and dumps trucks and earth moving equipment in the APAC and North America regions to match the growing population demand. Further, the radial tire segment is likely to witness substantial growth over the coming years.

The global OTR tire market report thoroughly covers the market by product type, vehicle type, end-users, target market, and regions including North America, Latin America, Europe, APAC, and Rest of the World. The global OTR tire market outlook report provides an unbiased and detailed analysis of the on-going global OTR tire market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

Global OTR tire market has the Databases also having the multiple sectors and secondary sources such as China Rubber Industry Association (RIA), The British Tyre Manufacturers Association (BTMA), International Monetary Fund (IMF), Japan Automobile Tyre Manufacturers Association (JATMA), the society of Motor Manufacturers and Traders of UK (SMMT), European Tyre and Rubber Manufacturers Association (ETRMA), Malaysian Rubber Products Manufacturers Association (MRPMA), China Rubber Industry Association (RIA) these are company reports.

At the global level, the OTR tire market introduced the lastest technique such as development activities, research, and innovations to play an important role. Many companies are focusing on the production of the new OTR tires development adopting the new manufacturing technique making different vehicle designs and try to fulfill the requirement of the customer. OTR tire market manufacturers and expanding their product by launching new OTR tires with the new feature high load capacity and try to improved tread quality and design of the OTR tire market. At the global level, the OTR tire market introduced the lastest technique such as development activities, research, and innovations to play an important role. Many companies are focusing on the production of the new OTR tires development adopting the new manufacturing technique making different vehicle designs and try to fulfill the requirement of the customer. OTR tire market manufacturers and expanding their product by launching new OTR tires with the new feature high load capacity and try to improved tread quality and design of the OTR tire market.

The increasing economic development of the developed countries across various nations globally along with an increase in the trade is expected to drive the potential growth of the global OTR tire market in the coming years. Backed by the strong economic performance of the countries in Europe and the Asia Pacific, the global OTR tire market is expected to witness an era of transformation along with increased deployment across various industrial domains and further, contribute towards a promising growth of the global OTR tire market in the near future. Moreover, the rising number of replacement and maintenance costs of such tires to ensure a smooth workflow and maintain the tire’s durability, the global OTR tire market is expected to register sound revenues in the coming years.

Key Highlights of the Report:
• Global OTR Tire Market Overview
• Global OTR Tire Market Outlook
• Global OTR Tire Market Forecast
• Historical Data of Global OTR Tire Market Revenues for the Period 2015-2018
• Global OTR Tire Market Size and Global OTR Tire Market Forecast of Revenues, Until 2025
• Historical Data of Global OTR Tire Market Revenues, by Product Types, for the Period 2015-2018
• Market Size & Forecast of Global OTR Tire Market Revenues, by Product Types, until 2025
• Historical Data of Global OTR Tire Market Revenues, by Vehicle Type, for the Period 2015-2018
• Market Size & Forecast of Global OTR Tire Market Revenues, by Vehicle Type, until 2025
• Historical Data of Global OTR Tire Market Revenues, by End Users, for the Period 2015-2018
• Market Size & Forecast of Global OTR Tire Market Revenues, by End Users, until 2025
• Historical Data of Global OTR Tire Market Revenues, by Target Market, for the Period 2015-2018
• Market Size & Forecast of Global OTR Tire Market Revenues, by Target Market, until 2025
• Historical Data of North America OTR Tire Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of North America OTR Tire Market Revenues, until 2025.
• Historical Data of Latin America OTR Tire Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Latin America OTR Tire Market Revenues, until 2025.
• Historical Data of Europe OTR Tire Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Europe OTR Tire Market Revenues, until 2025.
• Historical Data of APAC OTR Tire Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of APAC OTR Tire Market Revenues, until 2025.
• Historical Data of Rest of World OTR Tire Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Rest of the World OTR Tire Market Revenues, until 2025.
• Market Drivers and Restraints
• Global OTR Tire Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis 
• Global OTR Tire Market Forecast and Opportunity Assessment
• Global OTR Tire Market Overview on Competitive Benchmarking
• Global OTR Tire Market Share, By Players
• Global OTR Tire Market Share, By Regions
• Company Profiles 
• Key Strategic Recommendations
Markets Covered
The global OTR tire market report provides a detailed analysis of the following market segments:
• By Types
    o Radial Tires
    o Bias Tires
• By Vehicle Types
    o Loaders
    o Dump Truck
    o Graders
    o Cranes
    o Dumpers
    o Tractors
    o Forklifts
    o Others
• By End Users
    o Construction
    o Industrial
    o Mining
    o Others
• By Regions
    o North America
    o Latin America
    o Europe
    o APAC
    o Rest of World