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By 2030 The Global Off-road Tires Market Sales to Exceed 882.2 Billion

 As per the report, the off-road tires market size was US$ 469.3 billion in 2021. It is projected to grow US$ 469.3 billion in 2021 billion by 2030 at a CAGR of 7.3% in the forecast period.

Off-road Tires Market Size 2020 to 2030

The off-road tires are commonly used in heavy duty vehicles for off-road applications in the agriculture, mining, and logistics industries, as well as in the housing industry. The development of the housing industry in emerging nations has increased demand for construction and material handling equipment, which is likely to drive the significant growth in the off-road tires market. The increased use of off-road vehicles such as wheel loaders, cranes, telescopic handlers, special purpose vehicles, and tractors is further driving the off-road tires market expansion.

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Market Overview

A recent study by Precedence Research on the off-road tires market offers a forecast for 2021 and 2030. The study analyzes crucial trends that are currently determining the growth of the off-road tires market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of off-road tires. The study also provides the dynamics that are responsible for influencing the future status of this market over the forecast period.

A detailed assessment of the off-road tires market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the off-road tires market along with their product portfolio enhances the reliability of this comprehensive research study.

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Key Points

  • Primary Research
  • Secondary Research
  • Market Size Estimation
  • Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Challenges
  • Macroeconomic Indicators
  • Technology Trends and Assessment
  • Market Factor Analysis
  • Porter’s Five Forces Analysis
  • Bargaining Power Of Suppliers
  • Bargaining Power Of Buyers
  • Threat Of New Entrants
  • Threat Of Substitutes
  • Intensity Of Rivalry
  • Value Chain Analysis
  • Investment Feasibility Analysis
  • Pricing Analysis

Research Methodology

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, the structure of the market participants and industry's competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

  • CEOs, VPs, market intelligence managers
  • Procuring and national sales managers technical personnel, distributors and resellers
  • Research analysts and key opinion leaders from various domains

Competition Landscape

In the final section of the report on the global off-road tires market, a 'dashboard view' of the companies has been provided to compare the current market scenario and the contribution of companies to the global off-road tires market. Moreover, the report is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to segments of the global market. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the off-road tires marketplace.

Some of the prominent players in the global off-road tires market include:

  • Hengfeng Rubber
  • Continental AG
  • GITI Tire
  • Triangle Group
  • Nokian Tires
  • Toyo Tire
  • Michelin
  • Hankook
  • Yokohama
  • Maxxis

Market Segmentation

Segments of the global off-road tires market have been analyzed in terms of their market share to understand an individual segment’s relative contribution to market growth. This detailed level of information is important for identifying key trends in the global off-road tires market.

Market Segments as below:

By Material

  • Synthetic Rubber
  • Natural Rubber
  • Fabrics & Wire
  • Carbon Black

By Tire Height

  • Below 31 inches
  • 31-40 inches
  • 41-45 inches
  • Above 45 inches

By Vehicle

  • 4WD
  • HDT
  • SUV
  • UTV
  • Dirt Bikes & Quad
  • OTR

By Distribution Channel

  • Original Equipment Manufacturer (OEM)
  • Secondary/ Replacement
  • Distributor/ Dealer Equipped

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Off-road Tires Market 

5.1. COVID-19 Landscape: Off-road Tires Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Off-road Tires Market, By Material

8.1. Off-road Tires Market, by Material Type, 2021-2030

8.1.1. Synthetic Rubber

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Natural Rubber

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Fabrics & Wire

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Carbon Black

8.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Off-road Tires Market, By Tire Height

9.1. Off-road Tires Market, by Tire Height, 2021-2030

9.1.1. Below 31 inches

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. 31-40 inches

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. 41-45 inches

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Above 45 inches

9.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Off-road Tires Market, By Distribution Channel Type 

10.1. Off-road Tires Market, by Distribution Channel Type, 2021-2030

10.1.1. Original Equipment Manufacturer (OEM)

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Secondary/ Replacement

10.1.2.1. Market Revenue and Forecast (2019-2030)

10.1.3. Distributor/ Dealer Equipped

10.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Off-road Tires Market, By Vehicle Type 

11.1. Off-road Tires Market, by Vehicle Type, 2021-2030

11.1.1. 4WD

11.1.1.1. Market Revenue and Forecast (2019-2030)

11.1.2. HDT

11.1.2.1. Market Revenue and Forecast (2019-2030)

11.1.3. SUV

11.1.3.1. Market Revenue and Forecast (2019-2030)

11.1.4. UTV

11.1.4.1. Market Revenue and Forecast (2019-2030)

11.1.5. Dirt Bikes & Quad

11.1.5.1. Market Revenue and Forecast (2019-2030)

11.1.6. OTR

11.1.6.1. Market Revenue and Forecast (2019-2030)

Chapter 12. Global Off-road Tires Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Material (2019-2030)

12.1.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.1.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.1.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Material (2019-2030)

12.1.5.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.1.5.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.1.5.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Material (2019-2030)

12.1.6.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.1.6.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.1.6.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Material (2019-2030)

12.2.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.2.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.2.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Material (2019-2030)

12.2.5.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.2.5.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.2.5.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Material (2019-2030)

12.2.6.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.2.6.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.2.6.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Material (2019-2030)

12.2.7.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.2.7.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.2.7.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Material (2019-2030)

12.2.8.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.2.8.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.2.8.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Material (2019-2030)

12.3.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.3.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.3.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Material (2019-2030)

12.3.5.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.3.5.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.3.5.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Material (2019-2030)

12.3.6.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.3.6.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.3.6.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Material (2019-2030)

12.3.7.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.3.7.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.3.7.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Material (2019-2030)

12.3.8.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.3.8.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.3.8.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Material (2019-2030)

12.4.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.4.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.4.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Material (2019-2030)

12.4.5.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.4.5.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.4.5.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Material (2019-2030)

12.4.6.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.4.6.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.4.6.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Material (2019-2030)

12.4.7.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.4.7.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.4.7.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Material (2019-2030)

12.4.8.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.4.8.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.4.8.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Material (2019-2030)

12.5.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.5.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.5.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Material (2019-2030)

12.5.5.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.5.5.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.5.5.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Material (2019-2030)

12.5.6.2. Market Revenue and Forecast, by Tire Height (2019-2030)

12.5.6.3. Market Revenue and Forecast, by Distribution Channel Type (2019-2030)

12.5.6.4. Market Revenue and Forecast, by Vehicle Type (2019-2030)

Chapter 13. Company Profiles

13.1. Hengfeng Rubber

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Continental AG

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. GITI Tire

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Triangle Group

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Nokian Tires

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Toyo Tire

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Michelin

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Hankook

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Yokohama

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Maxxis

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Why Buy this Report?

The purpose of Precedence Research's off-road tires market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

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