Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: IMARC | PRODUCT CODE: 1540835

Cover Image

PUBLISHER: IMARC | PRODUCT CODE: 1540835

North America OTR Tire Market Report by Demand, Tire Size, Tire Type, Vehicle Type, Distribution Channel, and Country 2024-2032

PUBLISHED:
PAGES: 126 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF & Excel (Single User License)
USD 3699
PDF & Excel (5 User License)
USD 4699
PDF & Excel (Corporate License)
USD 5699

Add to Cart

The North America OTR tire market size reached 455.9 Thousand Units in 2023. Looking forward, IMARC Group expects the market to reach 726.3 Thousand Units by 2032, exhibiting a growth rate (CAGR) of 5.15% during 2024-2032. The increasing renovation projects, rising demand for minerals, and the growing use of OTR tires in tractors represent some of the key factors driving the market.

Off-the-road (OTR) tire, also known as mud terrain tire, is manufactured using materials, such as natural or synthetic rubber, steel, carbon black, wire, vulcanization accelerator, and silica. It requires high air pressure to support heavy loads and prevent sidewall damages. It also involves specialized rims that are designed to handle their weight and size. It provides high power on unpaved surfaces, including gravel, mud, rock, and loose dirt. It assists in improving durability, enhancing vehicle performance, rolling resistance, reducing tread, and offering stability. It is commonly used in various vehicles, such as all-terrain vehicles (ATVs), tractors, cranes, military trucks, wheel loaders, specialized purpose vehicles, and telescopic handlers. As it has a longer operational life, enhanced stability and reliability, and puncture resistance, the demand for OTR tire is escalating in ultra-high-performance vehicles across the North American region.

North America OTR Tire Market Trends:

There is an increase in the use of OTR tires in heavy equipment, such as bulldozers, excavators, and loaders. This, coupled with the rising number of remodeling and upgradation construction projects in residential and commercial areas, represents one of the major factors strengthening the market growth in the North American region. Moreover, the growing utilization of OTR tires in tractors, combines, sprayers, harvesters, and irrigation equipment for conducting farm-related activities like field plowing, weed controlling, animal handling, and material transporting is influencing the market positively. In addition, the increasing popularity of all-terrain vehicles (ATVs), such as dirt bikes, quads, and other off road vehicles, for various recreational activities and adventure sports is contributing to the market growth in the region. Apart from this, OTR tires are employed in haul trucks, loaders, drilling rigs, longwall machines, and shuttle vehicles of the mining industry on account of their numerous advantages, such as being capable of handling heavy loads, harsh operating conditions, and challenging terrains. This, along with the growing demand for minerals, such as copper, iron, ore, and coal, is creating a positive outlook for the market in North America. Furthermore, the advent of OTR tires that are incorporated with sensors for monitoring tire pressure and temperature and minimizing the risk of potential hazards by providing real-time data analysis is bolstering the growth of the market in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America OTR tire market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on demand, tire size, tire type, vehicle type and distribution channel.

Demand Insights:

Original Equipment Market

Replacement Market

The report has provided a detailed breakup and analysis of the North America OTR tire market based on the demand. This includes original equipment market and replacement market. According to the report, replacement market represented the largest segment.

Tire Size Insights:

Top Tire Sizes in 24''-30''

Top Tire Sizes in 31''-35''

Top Tire Sizes in 36''-39''

Top Tire Sizes in 40''-50''

Top Tire Sizes in 51''-55''

Top Tire Sizes in 56''-63''

A detailed breakup and analysis of the North America OTR tire market based on the tire size has also been provided in the report. This includes top tire sizes in 24''-30'', top tire sizes in 31''-35'', top tire sizes in 36''-39'', top tire sizes in 40''-50'', top tire sizes in 51''-55'', and top tire sizes in 56''-63''. According to the report, top tire sizes in 24''-30'' accounted for the largest market share.

Tire Type Insights:

Radial Tire

Bias Tire

The report has provided a detailed breakup and analysis of the North America OTR tire market based on the tire type. This includes radial tire and bias tire. According to the report, bias tire represented the largest segment.

Vehicle Type Insights:

Mining Vehicles

Construction & Industrial Vehicles

Agricultural Vehicles

Others

A detailed breakup and analysis of the North America OTR tire market based on the vehicle type has also been provided in the report. This includes mining vehicles, construction and industrial vehicles, agricultural vehicles, and others. According to the report, agricultural vehicles accounted for the largest market share.

Distribution Channel Insights:

Offline

Online

The report has provided a detailed breakup and analysis of the North America OTR tire market based on the distribution channel. This includes offline and online.

Country Insights:

United States

Canada

The report has also provided a comprehensive analysis of all the major regional markets, which include United States and Canada. According to the report, United States was the largest market for OTR tire in North America. Some of the factors driving the United States OTR tire market included increased renovation projects, product innovations, integration of advanced technologies, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the North America OTR tire market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Bridgestone Corporation, CMA, LLC, Continental AG, Cooper Tire & Rubber Company, Titan International, Inc., Michelin, Nokian Tyres plc, The Yokohama Rubber Co, Ltd., Toyo Tire Corporation, Trelleborg AB, Triangle Tyre Co., Ltd, Pirelli & C. S.p.A., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

  • 1. What was the size of the North America OTR tire market in 2023?
  • 2. What is the expected growth rate of the North America OTR tire market during 2024-2032?
  • 3. What has been the impact of COVID-19 on the North America OTR tire market?
  • 4. What are the key factors driving the North America OTR tire market?
  • 5. What is the breakup of the North America OTR tire market based on the demand?
  • 6. What is the breakup of the North America OTR tire market based on the tire size?
  • 7. What is the breakup of the North America OTR tire market based on the tire type?
  • 8. What is the breakup of the North America OTR tire market based on the vehicle type?
  • 9. What are the key regions in the North America OTR tire market?
  • 10. Who are the key players/companies in the North America OTR tire market?
Product Code: SR112024A5076

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 North America OTR Tire Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Demand

  • 6.1 Original Equipment Market
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Replacement Market
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Tire Size

  • 7.1 Top Tire Sizes in 24''-30''
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Top Tire Sizes in 31''-35''
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Top Tire Sizes in 36''-39''
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Top Tire Sizes in 40''-50''
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Top Tire Sizes in 51''-55''
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Top Tire Sizes in 56''-63''
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast

8 Market Breakup by Tire Type

  • 8.1 Radial Tire
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Bias Tire
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Vehicle Type

  • 9.1 Mining Vehicles
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Construction & Industrial Vehicles
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Agricultural Vehicles
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Others
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast

10 Market Breakup by Distribution Channel

  • 10.1 Offline
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Online
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast

11 Market Breakup by Country

  • 11.1 United States
    • 11.1.1 Market Trends
    • 11.1.2 Market Breakup by Demand
    • 11.1.3 Market Breakup by Tire Size
    • 11.1.4 Market Breakup by Tire Type
    • 11.1.5 Market Breakup by Vehicle Type
    • 11.1.6 Market Breakup by Distribution Channel
    • 11.1.7 Market Forecast
  • 11.2 Canada
    • 11.2.1 Market Trends
    • 11.2.2 Market Breakup by Demand
    • 11.2.3 Market Breakup by Tire Size
    • 11.2.4 Market Breakup by Tire Type
    • 11.2.5 Market Breakup by Vehicle Type
    • 11.2.6 Market Breakup by Distribution Channel
    • 11.2.7 Market Forecast

12 SWOT Analysis

  • 12.1 Overview
  • 12.2 Strengths
  • 12.3 Weaknesses
  • 12.4 Opportunities
  • 12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

  • 14.1 Overview
  • 14.2 Bargaining Power of Buyers
  • 14.3 Bargaining Power of Suppliers
  • 14.4 Degree of Competition
  • 14.5 Threat of New Entrants
  • 14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

  • 16.1 Market Structure
  • 16.2 Key Players
  • 16.3 Profiles of Key Players
    • 16.3.1 Bridgestone Corporation
      • 16.3.1.1 Company Overview
      • 16.3.1.2 Product Portfolio
      • 16.3.1.3 Financials
      • 16.3.1.4 SWOT Analysis
    • 16.3.2 CMA, LLC
      • 16.3.2.1 Company Overview
      • 16.3.2.2 Product Portfolio
    • 16.3.3 Continental AG
      • 16.3.3.1 Company overview
      • 16.3.3.2 Product Portfolio
      • 16.3.3.3 Financials
      • 16.3.3.4 SWOT Analysis
    • 16.3.4 Cooper Tire & Rubber Company
      • 16.3.4.1 Company Overview
      • 16.3.4.2 Product Portfolio
      • 16.3.4.3 Financials
      • 16.3.4.4 SWOT Analysis
    • 16.3.5 Titan International, Inc.
      • 16.3.5.1 Company Overview
      • 16.3.5.2 Product Portfolio
      • 16.3.5.3 Financials
    • 16.3.6 Michelin
      • 16.3.6.1 Company Overview
      • 16.3.6.2 Product Portfolio
    • 16.3.7 Nokian Tyres plc
      • 16.3.7.1 Company Overview
      • 16.3.7.2 Product Portfolio
      • 16.3.7.3 Financials
    • 16.3.8 The Yokohama Rubber Co, Ltd.
      • 16.3.8.1 Company Overview
      • 16.3.8.2 Product Portfolio
      • 16.3.8.3 Financials
      • 16.3.8.4 SWOT Analysis
    • 16.3.9 Toyo Tire Corporation
      • 16.3.9.1 Company Overview
      • 16.3.9.2 Product Portfolio
      • 16.3.9.3 Financials
      • 16.3.9.4 SWOT Analysis
    • 16.3.10 Trelleborg AB
      • 16.3.10.1 Company Overview
      • 16.3.10.2 Product Portfolio
      • 16.3.10.3 Financials
    • 16.3.11 Triangle Tyre Co., Ltd
      • 16.3.11.1 Company Overview
      • 16.3.11.2 Product Portfolio
    • 16.3.12 Pirelli & C. S.p.A.
      • 16.3.12.1 Company Overview
      • 16.3.12.2 Product Portfolio
      • 16.3.12.3 Financials
      • 16.3.12.4 SWOT Analysis
Product Code: SR112024A5076

List of Figures

  • Figure 1: North America: OTR Tire Market: Major Drivers and Challenges
  • Figure 2: North America: OTR Tire Market: Sales Volume (in '000 Units), 2018-2023
  • Figure 3: North America: OTR Tire Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 4: North America: OTR Tire Market: Breakup by Demand (in %), 2023
  • Figure 5: North America: OTR Tire Market: Breakup by Tire Size (in %), 2023
  • Figure 6: North America: OTR Tire Market: Breakup by Tire Type (in %), 2023
  • Figure 7: North America: OTR Tire Market: Breakup by Vehicle Type (in %), 2023
  • Figure 8: North America: OTR Tire Market: Breakup by Distribution Channel (in %), 2023
  • Figure 9: North America: OTR Tire Market: Breakup by Country (in %), 2023
  • Figure 10: North America: OTR Tire (Original Equipment Market) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 11: North America: OTR Tire (Original Equipment Market) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 12: North America: OTR Tire (Replacement Market) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 13: North America: OTR Tire (Replacement Market) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 14: North America: OTR Tire (Top Tire Sizes in 24''-30'') Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 15: North America: OTR Tire (Top Tire Sizes in 24''-30'') Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 16: North America: OTR Tire (Top Tire Sizes in 31''-35'') Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 17: North America: OTR Tire (Top Tire Sizes in 31''-35'') Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 18: North America: OTR Tire (Top Tire Sizes in 36''-39'') Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 19: North America: OTR Tire (Top Tire Sizes in 36''-39'') Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 20: North America: OTR Tire (Top Tire Sizes in 40''-50'') Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 21: North America: OTR Tire (Top Tire Sizes in 40''-50'') Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 22: North America: OTR Tire (Top Tire Sizes in 51''-55'') Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 23: North America: OTR Tire (Top Tire Sizes in 51''-55'') Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 24: North America: OTR Tire (Top Tire Sizes in 56''-63'') Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 25: North America: OTR Tire (Top Tire Sizes in 56''-63'') Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 26: North America: OTR Tire (Radial Tire) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 27: North America: OTR Tire (Radial Tire) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 28: North America: OTR Tire (Bias Tire) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 29: North America: OTR Tire (Bias Tire) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 30: North America: OTR Tire (Mining Vehicles) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 31: North America: OTR Tire (Mining Vehicles) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 32: North America: OTR Tire (Construction & Industrial Vehicles) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 33: North America: OTR Tire (Construction & Industrial Vehicles) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 34: North America: OTR Tire (Agricultural Vehicles) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 35: North America: OTR Tire (Agricultural Vehicles) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 36: North America: OTR Tire (Other Vehicle Types) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 37: North America: OTR Tire (Other Vehicle Types) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 38: North America: OTR Tire (Offline) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 39: North America: OTR Tire (Offline) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 40: North America: OTR Tire (Online) Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 41: North America: OTR Tire (Online) Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 42: United States: OTR Tire Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 43: United States: OTR Tire Market: Breakup by Demand (in %), 2023
  • Figure 44: United States: OTR Tire Market: Breakup by Tire Size (in %), 2023
  • Figure 45: United States: OTR Tire Market: Breakup by Tire Type (in %), 2023
  • Figure 46: United States: OTR Tire Market: Breakup by Vehicle Type (in %), 2023
  • Figure 47: United States: OTR Tire Market: Breakup by Distribution Channel (in %), 2023
  • Figure 48: United States: OTR Tire Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 49: Canada: OTR Tire Market: Sales Volume (in '000 Units), 2018 & 2023
  • Figure 50: Canada: OTR Tire Market: Breakup by Demand (in %), 2023
  • Figure 51: Canada: OTR Tire Market: Breakup by Tire Size (in %), 2023
  • Figure 52: Canada: OTR Tire Market: Breakup by Tire Type (in %), 2023
  • Figure 53: Canada: OTR Tire Market: Breakup by Vehicle Type (in %), 2023
  • Figure 54: Canada: OTR Tire Market: Breakup by Distribution Channel (in %), 2023
  • Figure 55: Canada: OTR Tire Market Forecast: Sales Volume (in '000 Units), 2024-2032
  • Figure 56: North America: OTR Tire Industry: SWOT Analysis
  • Figure 57: North America: OTR Tire Industry: Value Chain Analysis
  • Figure 58: North America: OTR Tire Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: North America: OTR Tire Market: Key Industry Highlights, 2023 and 2032
  • Table 2: North America: OTR Tire Market Forecast: Breakup by Demand (in '000 Units), 2024-2032
  • Table 3: North America: OTR Tire Market Forecast: Breakup by Tire Size (in '000 Units), 2024-2032
  • Table 4: North America: OTR Tire Market Forecast: Breakup by Tire Type (in '000 Units), 2024-2032
  • Table 5: North America: OTR Tire Market Forecast: Breakup by Vehicle Type (in '000 Units), 2024-2032
  • Table 6: North America: OTR Tire Market Forecast: Breakup by Distribution Channel (in '000 Units), 2024-2032
  • Table 7: North America: OTR Tire Market Forecast: Breakup by Country (in '000 Units), 2024-2032
  • Table 8: North America: OTR Tire Market: Competitive Structure
  • Table 9: North America: OTR Tire Market: Key Players
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!