North America Off the Road (OTR) Tire Market Size & Share 2022: Key Trends & Projections

According to recent findings, the North America Off the Road (OTR) Tire Market is projected to grow at a CAGR of around 6.42% during the forecast period, i.e., 2022-27.

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North America Off the Road (OTR) Tire Overview:

The growth of the market is driven primarily by the increasing government focus on infrastructural developments, i.e., displaying a swift escalation in the number of housing facilities industries, along with the construction of roads, railways, airports, among others. It, in turn, is augmenting the need for heavy commercial vehicles and fueling the sales of OTR tires. Besides, various ongoing upcoming construction projects, i.e., leading to the deployment of cranes, bulldozers, etc., is another aspect infusing the demand for OTR tires and driving the market.

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North America Off the Road (OTR) Tire Segmentation Analysis:

By Type of Vehicle

Earthmoving Construction Equipment
- Excavator
- Backhoe Loaders
- Crawler Loaders
- Bulldozers
- Motor Graders
- Dump Trucks
Agricultural Vehicle
- Tractors
- Combined Harvester
- Farm Trucks
- Others
Material Handling Vehicle
- Cranes
- Forklifts
- Tippers
- Others

According to reports, Here, agricultural vehicles acquired the largest market share in previous years, and the same trend is expected throughout 2027.

By OEM Vs Aftermarket

By Radial Vs Bias

By Country

The United States
Canada
Mexico

According to reports, Amongst them all, the US is anticipated to dominate the North America Off the Road Tire Market with the largest share during 2022-27.

By Season

All Season
Summer
Winter

By Sales Channel

Exclusive Stores
Authorized Dealers or Distributors
Others

By Price Category

Budget
Economy
Premium

By Rim Diameter

20"- 25"
26"-35"
36"-48"
Above 48".

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Some of the Market players in the North America Off the Road (OTR) Tire are:

Michelin
Goodyear
Bridgestone
Continental
Zhongce Rubber
Kumho
Toyo
Yokohama
Trelleborg
Triangle Group.

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Key Highlights of the Report – Unlock Valuable Market Insights

Market Size, Share Future Projections – Understand the current market dimensions and forecasted growth trajectory.
In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
Company Strategies Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
Key Stakeholders Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
Import Export Dynamics – Analyze trade flows, regional export trends, and supply chain movements.
Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
Market Trends Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

Define objectives and research design
Collect data through surveys and interviews
Analyze and validate data using reliable tools
Forecast trends and deliver actionable insights

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