Global Off-the-road Tire market cagr 14.6%

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Off-the-road Tire Market

Off-the-road Tire Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Off-the-road Tire Market Size and Growth

The off-the-road tire market is experiencing growth due to increased demand in construction, mining, and agriculture. As of 2023, the market size is valued at approximately $9 billion and is projected to expand at a CAGR of 5% over the next five years, driven by infrastructure development and technological advancements. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Camso

◍ Titan

◍ Continental

◍ Trelleborg

◍ Michelin

◍ Aichi

◍ Mitas

◍ Advance

◍ Hankook

The Off-the-Road Tire Market features key players like Camso, Titan, Continental, Trelleborg, Michelin, Aichi, Mitas, Advance, and Hankook. These companies innovate product designs, enhance durability, and expand distribution networks, fostering market growth. For instance, Michelin reported sales revenue of approximately $29 billion, while Titan generated around $1.6 billion annually.

Market Segmentation

By Application

OEM

Aftermarket

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By Product

Pneumatic

Solid

Polyurethane

Market Growth

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$ X Billion USD

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