Press release
OTR Tire Market in India, Industry Outlook and Forecast 2024-2030
Leading players of the global OTR Tire market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global OTR Tire market. Furthermore, the report offers two separate market forecasts - one for the production side and another for the consumption side of the global OTR Tire market. It also provides useful recommendations for new as well as established players of the global OTR Tire market.
Get a PDF template of this report: https://www.qyresearch.in/request-sample/machinery-equipment-collapsible-rigid-containers-global-comprehensive-analysis-of-industry-dynamics-and-market-sales-trends-2024
OTR Tires (Off-the-road tires) are utilized for large-scale machinery at construction and mining and other sites with no roads. These tires mainly made with premium casings and durable compounds. Off-the-road tires offer substantial support for machinery used at various civil engineering sites, including ultra-large dump trucks, earth and gravel at mining and dam construction sites, bulldozers for earth removal and graders for road construction and snow removal.
This report contains market size and forecasts of OTR Tire in India, highlights the following information:
Sales of OTR Tire in India: Value 2019 VS 2023 VS 2030, ($ millions)
Sales of OTR Tire in India: Volume 2019 VS 2023 VS 2030, (K Units)
Sales of OTR Tire in India: Revenue Market Share by Company, 2019-2024
Sales of OTR Tire in India: Volume Market Share by Company, 2019-2024
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for OTR Tire will continue to grow rapidly in the future.
The global OTR Tire market size was valued at 8565.7 million in 2023 and is forecast to a readjusted size of US$ 11200 million by 2030, with a CAGR of 3.7% during the forecast period 2024-2030.While the India OTR Tire market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of OTR Tire's global value in 2030, from % in 2023.
Our research team has surveyed the OTR Tire manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
India OTR Tire Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
India OTR Tire Market Segment Percentages, By Type, 2023 (%)
Radial Tire
Bias Tire
Solid Tire
India OTR Tire Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
India OTR Tire Market Segment Percentages, By Application, 2023 (%)
Loader
Crane
Concrete Machinery
Mining Machine
Others
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies OTR Tire revenues in India market, 2019-2024 (Estimated), ($ millions)
Key companies OTR Tire sales in India market, 2019-2024 (Estimated), (K Units)
Further, the report presents profiles of competitors in the market, key players include:
Michelin
Bridgestone
Titan
Continental Tire
Goodyear
China National Chemical & Rubber Group
Xuzhou Armour Rubber Company Ltd
Yokohama Tire
Haian Tire
BKT
Guizhou Tire
Xingyuan tires
Double Coin Tire Group
Apollo
Sailun tires
Triangle tires
Linglong tires
JK Tyre
Taishan Shandong Tire
Report Objectives
• Analyzing the size of the global OTR Tire market on the basis of value and volume.
• Accurately calculating the market shares, consumption, and other vital factors of different segments of the global OTR Tire market.
• Exploring the key dynamics of the global OTR Tire market.
• Highlighting important trends of the global OTR Tire market in terms of production, revenue, and sales.
• Deeply profiling top players of the global OTR Tire market and showing how they compete in the industry.
• Studying manufacturing processes and costs, product pricing, and various trends related to them.
• Showing the performance of different regions and countries in the global OTR Tire market.
• Forecasting the market size and share of all segments, regions, and the global market.
Contact Us
QY RESEARCH, INC.
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rahul@qyresearch.com / enquiry@qyresearch.com
QYResearch is a leading global market research and consulting company established in 2007. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.
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