United States Agriculture Tires Industry Sector Growth in 2025: Leading Companies - Balkrishna Industries Limited (BKT), YOKOHAMA OFF-HIGHWAY TIRES AMERICA, INC., Mitas, Xuzhou Armour Rubber Company Ltd, Titan International, Inc., Bridgestone Americas Tir

Agriculture Tires Market was valued at US$ 10.38 billion in 2022 and is projected to grow to US$ 15.93 billion by 2031, registering a CAGR of 5.5% between 2024 and 2031.

DataM Intelligence has released its latest report on the "Agriculture Tires Market Size 2025," providing a detailed analysis of market trends, key growth drivers, competitive landscape, and regional insights. The report includes market size (value and volume), CAGR projections, and emerging opportunities that help businesses identify growth areas and build effective strategies. Backed by data-driven insights and future outlook, this study serves as a valuable resource for companies looking to stay competitive and capitalize on market potential.

United States: Recent Industry Developments
✅ October 2025: Michelin introduced a new line of fuel-efficient agricultural tires designed for enhanced traction and soil protection.
✅ September 2025: Titan International expanded its manufacturing capacity to meet rising demand from precision farming equipment.
✅ August 2025: Government incentives encouraged adoption of durable, eco-friendly tires to reduce farm equipment downtime.

Japan: Recent Industry Developments
✅ October 2025: Bridgestone launched advanced radial tires optimized for Japan's diverse agricultural terrains.
✅ September 2025: Yokohama Rubber developed smart tire technologies with embedded sensors for real-time monitoring of tire conditions.
✅ August 2025: Collaborative efforts promoted sustainable tire recycling initiatives within the agricultural sector.

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Latest M&A

Goodyear Tire and Rubber is conducting a strategic review of its farm tire business in India in 2025, exploring options including a possible sale valued between Rs 2500-2700 crore (~$300-320 million), tapping specialist tire companies like Balkrishna Tires, and private equity investors such as Warburg Pincus and KKR.​

Yokohama Rubber acquired Alliance Tire Group B.V. in a $1.1 billion deal in 2025, expanding its off-the-road (OTR) and agricultural tire portfolio significantly.​

Warburg Pincus and other private equity players have been active in funding agricultural tire companies and related aftermarket businesses.

Key Player:

Yokohama TWS, Michelin, Apollo Tyres Ltd, Balkrishna Industries Limited (BKT), YOKOHAMA OFF-HIGHWAY TIRES AMERICA, INC., Mitas, Xuzhou Armour Rubber Company Ltd, Titan International, Inc., Bridgestone Americas Tire Operations, LLC. and Continental Corporation.

Forecast Projection:

The global Agriculture Tires market is set to witness strong growth from 2025 to 2032. After maintaining steady momentum in 2024, the market is expected to accelerate as key industry players implement strategic initiatives to boost adoption. Companies that adapt to these emerging trends will be well-positioned to capture new opportunities and enhance their revenue potential throughout the forecast period.

Market Intelligence Research Process:

The Agriculture Tires Market Report by DataM Intelligence offers a comprehensive analysis built on a mix of primary and secondary research. It explores key factors driving the industry, including government policies, market trends, competitive landscape, technological advancements, and upcoming innovations. This in-depth study uncovers both growth opportunities and potential challenges, helping businesses navigate market fluctuations and make data-driven decisions for sustainable success.

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Key Segmentations:

By Construction: (Bias Tires, Radial Tires

By Type: (Compact Tractors, Utility Tractors, Harvesting Equipment, Implement Tires)

By Equipment Horsepower: (0-80HP, 81-200HP)

By Application: (Combine Harvester, Tractors, Trailers, Sprayer, Loaders, Others)

By End-User: (Replacement/Aftermarket Tires, Original Equipment Tires)

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FAQ's

Q1: How large is the Agriculture Tires Market?

Ans: The Agriculture Tires Market size was valued at US$ 10.38 billion in 2022 and is projected to grow to US$ 15.93 billion by 2031.

Q2: How quickly is the Agriculture Tires Market expanding?

Ans: The Agriculture Tires Market is forecasted to grow at a CAGR of 5.5% between 2025 and 2032, showing Annual growth momentum

Q3: Which regions are dominating the Agriculture Tires Market and which are fastest-growing?

Ans: North America dominating the Agriculture Tires market.

Latest News & Market Trends

Key growth drivers include demand for low soil compaction tires, higher durability, fuel efficiency improvements, and the emergence of very high flexion (VF) tires suited for vineyards and orchards.​

European farmers notably favor low sidewall (LSW) technology for better stability and reduced soil damage, with Goodyear expanding LSW tire sizes and ranges.​

India and Japan represent growing markets with increasing tractor tire upgrades, improved distribution networks, and technological innovations in tire design.​

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Recent Product Launches

Trelleborg Tires launched their TM200 ProgressiveTraction® tire at Agritechnica 2025, specially designed for precision, stability, and soil protection in vineyard and orchard applications combining VF and ProgressiveTraction® technology.​

Tolins Tyres introduced new tractor rear tires in India targeting the 2025 harvest season, enhancing durability and traction.​

Alliance Tire Group showcased its latest agricultural tire innovations at Agritechnica 2025 celebrating 70 years of industry leadership, unveiling new products and sustainability initiatives.​

MAXAM is presenting advanced agricultural tire solutions at Agritechnica 2025, focusing on durability and sustainable manufacturing practices.

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