On the basis of market application, Off-Highway Tires (OTR) are segmented into Construction & Mining, Agricultural, Industrial Tires. According to the structure type, it is divided into radial tires, bias tires, and solid tires, of which bias tires hold a large share in the global OTR solid tire market.
In the past two years, due to the impact of the epidemic, the only part of the off-highway tire market has maintained positive growth in agricultural tires. Now, demand for off-the-road tires in mining, construction, ports, and handling is also recovering.
Regional division:
The global Off-Highway Tire (OTR) market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific region dominates the market for off-highway tires as major countries in the Asia Pacific region are dependent on agriculture. With the improvement of the development level of agriculture, the demand for agricultural equipment and agricultural vehicles in the Asia-Pacific region has been increasing.
Main production enterprises:
Well-known global off-highway tire (OTR) companies include Bridgestone, Qilin, Goodyear, Continental, Yokohama Rubber, Sumitomo Tire, Apollo, Nokia, and Promotion.BKT Tire, Fengshen Tire, Qingdao Ruinuo Tire, Titan, Triangle tires, etc.
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