MARKET INTRODUCTION

Off the road, tires denote to a precise category of tires that helps increase traction in unpaved surfaces with mud, gravel, loose dirt, or sand. Tires are equipped with profound tread patterns that help in the vehicle traction in off-road conditions or high terrains off the road. The off-road tire can be additional divided into different sections, such as tire tread, inner liner, tire casing, and sidewall, that play an important role in product design, quality, and reliability.

MARKET DYNAMICS

An increase in construction activities, government subsidies on agriculture equipment, and increasing farm mechanization are some of the major factors driving the growth of the off the road tires market. Moreover, fluctuating raw material prices are also anticipated to bring new opportunities for the OTR tires market.

MARKET SCOPE

The "Global OTR Type Market Analysis to 2027" is a specialized and in-depth study of the OTR type market with a special focus on the global market trend analysis. The report aims to provide an overview of OTR type market with detailed market segmentation by vehicle type, type, process. The global OTR type market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading OTR type market players and offers key trends and opportunities in the OTR type market.

MARKET SEGMENTATION

The global OTR type market is segmented on the basis of vehicle type, type, process. On the basis of vehicle type, the market is segmented as mining, agricultural vehicle, construction and industrial equipment. On the basis of type, the market is segmented as wheeled, rubber tracks. On the basis of process, the market is segmented as pre-cure, mold cure.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global OTR type market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The OTR type market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

`The report analyzes factors affecting OTR type market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the OTR type market in these regions.

MARKET PLAYERS

The reports cover key developments in the OTR type market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from OTR type market are anticipated to lucrative growth opportunities in the future with the rising demand for OTR type market. Below mentioned is the list of few companies engaged in the OTR type market.

The report also includes the profiles of key OTR type market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Bridgestone Corporation
- CEAT Ltd.
- Continental AG
- Hankook Tire
- MICHELIN
- Nokian Tyres plc.
- Pirelli & C. S.p.A
- Sumitomo Rubber Industries, Ltd
- The Goodyear Tire & Rubber Company
- THE YOKOHAMA RUBBER CO.,LTD.