Composite Rubber Track (CRT) Market Growth Analysis, Market Dynamics, Key Players and Innovations, O

Forecast 2025-2032

On : 02-07-2025

• Global Composite Rubber Track (CRT) market size was valued at USD 2,272 million in 2024. The market is projected to grow from USD 2,428 million in 2025 to USD 3,568 million by 2032, exhibiting a CAGR of 6.6% during the forecast period.

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Report Studies

• Composite Rubber Tracks (CRTs) are advanced track systems that combine rubber with reinforced composite materials such as steel wire, nylon, and synthetic fibers to enhance durability, traction, and load-bearing capacity. Unlike conventional rubber tracks, CRTs offer superior tensile strength, crack resistance, and extended service life while maintaining benefits like reduced ground pressure and noise levels. These features make them particularly suitable for heavy-duty applications in construction, agriculture, and mining equipment.

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By

Types

•Standard CRTs •Reinforced CRTs •Hybrid CRTs

By Applications

• Agricultural Machinery

• Subtypes: Combine harvesters, tractors, sprayers

• Industry Machinery

• Subtypes: Excavators, loaders, skid steers

• Military Vehicles

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Key Players :

•Camso (Michelin) (France)

•Bridgestone Industrial Ltd. (Japan)

•Soucy International (Canada)

•Trackman by Loc (Finland)

•McLaren Industries (U.S.)

•Mattracks Inc (U.S.)

•DRB Holding Co., Ltd. (South Korea)

•USCO SpA (Italy)

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