Europe Off-the-Road (OTR) Tire Market Price Trends 2021: Industry Overview, Size, Share, Growth and Forecast Till 2026

 According to the latest report by IMARC Group, titled " Europe Off-the-Road (OTR) Tire Market Price Trends: Industry Share, Size, Growth, Opportunity and Forecast 2021-2026," the europe off-the-road (OTR) tire market exhibited steady growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.5% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Report Sample: https://www.imarcgroup.com/europe-off-the-road-tire-market/requestsample

Off-the-Road (OTR) tires are deep-treaded tires that are widely utilized with heavy-duty equipment and vehicles. They are designed to lift heavy weights, travel on difficult terrains, including mud, gravel and loose dirt, and perform well in rough conditions. They provide excellent durability, optimum stability, and easy mobility while enhancing the overall vehicular performance. As a result, they are commonly equipped with earthmovers, bulldozers, loaders, graders, military trucks and telescopic handlers.

The market in Europe is primarily driven by significant growth in the construction industry. This is supported by the increasing investments by the governments of numerous countries across the region in infrastructural development projects. Along with this, significant growth in the mining sector has led to the rising adoption of large haul trucks across the region, which has provided a boost to the market growth. Other factors, such as the shifting preference from manual farming methods to farm mechanization in an attempt to enhance overall productivity and reduce labor costs across the agriculture sector, are contributing to the market growth further.

Europe Off-the-Road (OTR) Tire Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the europe off-the-road (OTR) tire market has been studied in the report with the detailed profiles of the key players operating in the market.

Competitive Landscape with Key Players:

• Balkrishna Industries Limited
• Bridgestone Corporation
• Continental AG
• Double Coin Tyre Group Ltd.
• Michelin
• Nokian Tyres
• Pirelli
• The Goodyear Tyre & Rubber Company
• Trelleborg
• Triangle Tires
• Yokohama Rubber Company Limited

Key Market Segmentation:

The report has segmented the europe off-the-road (OTR) tire market on the basis of vehicle type, tire type, end use, distribution channel, rim size and country.

Breakup by Vehicle Type:

• Mining Vehicles
• Construction & Industrial Vehicles
• Agricultural Vehicles
• Others

Breakup by Tire Type:

• Radial Tire
• Bias Tire

Breakup by End Use:

• OEM
• Replacement

Breakup by Distribution Channel:

• Online
• Offline

Breakup by Rim Size:

• Below 24 inches
• 24-30 inches
• 31-35 inches
• 36-39 inches
• 40-50 inches
• 51-55 inches
• Above 56 inches

Breakup by Country:

• Germany
• France
• Russia
• United Kingdom
• Italy
• Spain
• Others

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/europe-off-the-road-tire-market

Key highlights of the report:            

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Reports:

Mining Truck Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026

Global Automotive Exhaust System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Saudi Arabia Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Automotive Seat Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026

Automotive Radar Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026

About Us                              

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800