Off-highway tires (OTR solid tires) are classified into construction and mining, agricultural, and industrial tires based on market application. According to the structure type, it is divided into radial tires, bias tires, and solid tires, among which bias tires occupy a large share in the global OTR tire market.
Development status
In the past two years, the only segment of the off-highway tire market that has maintained positive growth due to the impact of the epidemic is agricultural tires. Now, demand for engineering tires in mining, construction, ports, and handling is also recovering.
Regional division:
The global off-highway tires (OTR) market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominates the market for off-highway tires as major countries in the Asia Pacific rely on agriculture. The demand for agricultural equipment and agricultural vehicles has been increasing in the Asia-Pacific region as the development level of agriculture increases.
Main production enterprises:
Global off-highway tire (OTR) well-known companies include Bridgestone, Michelin, Goodyear, Continental, Yokohama Rubber, Sumitomo Tire, Apollo, Nokia, Promotion, BKT Tire, Aeolus Tire, Qingdao Ruinuo Tire, Titan, Triangle tires, etc.
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