Description
Agricultural Tires Market Research Report Forecast 2030
Market Overview
The Global Agricultural Tires Market is projected to register a CAGR of 5.51% during the forecast period to surpass USD 10,443.10 million by the end of 2030. Agriculture tires have an inclining string calculated at 45 degrees. These are accessible in different sizes and breadths, for some sorts of gear, including work vehicles, join reapers, sprayers, trailers, and slip steer loaders. These are produced using preeminent quality elastic for deep-rooted and better execution to stay solid on and off the field. They have significant ribs and voids for footing in the delicate landscape. These tires have expanded eco-friendliness and slope solidness.
The most common way of utilizing horticultural apparatus to motorize the occupation of agriculture, significantly supporting ranch labor efficiency, is known as automated agriculture. Many ranch tasks once performed by actual work or working animals like bulls, ponies, and donkeys have been replaced by fueled innovation in contemporary times.
Developing interest in robotization in cultivating exercises to connect the interest supply hole of rural produce, and the rising reception of trend-setting innovations in cultivating are driving the interest in ranch motorization. Agriculture mechanization has brought about the ascent in popularity of huge and little farm haulers, and interest in automated reaping essentially, thus, moving the development of the worldwide market.
Market Segmentation
By Equipment and Implements, the Worldwide Farming Tires Market has been divided into Work vehicles, Collectors, Little Gatherers, Harvesters, Power Harvesters, Power Turners, and Others.
Based on tire type, the farming tires market has been divided into outspread, predisposition, and strong. OEM and aftermarket are the sections based on the sales channel of the Market.
Regional Analysis
In the Asia-Pacific region, the creating example of rustic robotization is similarly driving demand for agrarian tires. Engine-powered cultivating stuff has fundamentally expanded efficiency in the rustic business by allowing Plant to help a ton of land in a short proportion of the time. Due to the requirement for cost and energy hold supports in arising nations, powerful equipment, for instance, harvesters are seeing solid areas for a rate in Asia. Because of the expanded prerequisite for unshakable green tires, advances in balance and material development are being made.
Despite the way that general population improvement in the North American region is expected to remain moderate, demand for green merchandise is climbing because of expanded assumptions for ordinary solaces, use, and new hypotheses. The US is one of the world’s critical markets for green ranch vehicle tires. As a result of the rising creation rate in the US, the market for plant ranch vehicle tires should fill from this point forward.
Major Players
Balakrishna Industries Limited (India), Titan Tire Corp (US), Sumitomo Rubber Industries Ltd (Japan), Continental AG (Germany), Pirelli & C SpA (Italy), Michelin (France), Bridgestone Corporation (Japan), Nokian Tyre plc (Finland), Apollo Tyres Ltd (India), Yokohama Tire (Japan), Ceat Ltd. (India), Trelleborg AB (Sweden), JK Tire & Industries Ltd. (India), Alliance Tire Group (India), and Cheng-Shin Rubber (Taiwan).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1.1 GLOBAL AGRICULTURAL TIRES MARKET, BY EQUIPMENT AND IMPLEMENTS
1.1.2 GLOBAL AGRICULTURAL TIRES MARKET, BY TIRE TYPE
1.1.3 GLOBAL AGRICULTURAL TIRES MARKET, BY SALES CHANNEL
1.1.4 GLOBAL AGRICULTURAL TIRES MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 RISING DEMAND FOR FOOD SECURITY AMID INCREASING POPULATION
4.2.2 AUGMENTED FARM MECHANIZATION
4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 VOLATILITY IN RAW MATERIAL PRICES
4.3.2 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITIES
4.4.1 GROWING AGRICULTURE ACTIVITIES
5 IMPACT OF COVID-19
5.1 IMPACT ON OVERALL TIRE INDUSTRY
5.1.1 ECONOMIC IMPACT
5.2 IMPACT OF COVID-19 ON THE GLOBAL AGRICULTURAL TIRES MARKET
5.3 IMPACT ON SUPPLY CHAIN OF AGRICULTURAL TIRES
5.3.1 PRICE VARIATION OF KEY RAW MATERIALS
5.3.2 PRODUCTION SHUTDOWN
5.3.3 CASH FLOW CONSTRAINTS
5.3.4 IMPACT ON IMPORT/EXPORT
5.4 IMPACT ON MARKET DEMAND OF AGRICULTURE TIRES
5.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
5.4.2 CONSUMER SENTIMENTS
5.5 IMPACT ON PRICING OF AGRICULTURAL TIRES
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY/VALUE CHAIN ANALYSIS
6.1.1 R&D
6.1.2 MANUFACTURING
6.1.3 DISTRIBUTION & SALES
6.1.4 POST SALES MONITORING
6.2 PORTER’S FIVE FORCES MODEL
6.2.1 THREAT OF NEW ENTRANTS
6.2.2 BARGAINING POWER OF SUPPLIERS
6.2.3 THREAT OF SUBSTITUTES
6.2.4 BARGAINING POWER OF BUYERS
6.2.5 INTENSITY OF RIVALRY
7 GLOBAL AGRICULTURAL TIRES MARKET, BY EQUIPMENT AND IMPLEMENTS
7.1 OVERVIEW
7.2 TRACTORS
7.3 HARVESTERS
7.4 MINI HARVESTER
7.5 THRESHER
7.6 POWER REAPER
7.7 POWER TILLER
7.8 OTHERS
8 GLOBAL AGRICULTURAL TIRES MARKET, BY TIRE TYPE
8.1 OVERVIEW
8.2 RADIAL
8.3 BIAS
8.4 SOLID
9 GLOBAL AGRICULTURAL TIRES MARKET, BY SALES CHANNEL
9.1 OVERVIEW
9.2 OEM
9.3 AFTERMARKET
10 GLOBAL AGRICULTURAL TIRES MARKET, BY REGION
10.1 OVERVIEW
10.2 AMERICAS
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.2.4 BRAZIL
10.2.5 ARGENTINA
10.2.6 REST OF AMERICAS
10.3 EUROPE
10.3.1 SPAIN
10.3.2 GERMANY
10.3.3 FRANCE
10.3.4 UK
10.3.5 ITALY
10.3.6 TURKEY
10.3.7 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 INDIA
10.4.3 JAPAN
10.4.4 AUSTRALIA
10.4.5 MALAYSIA
10.4.6 THAILAND
10.4.7 NEW ZEALAND
10.4.8 REST OF ASIA PACIFIC
10.5 MIDDLE EAST
10.5.1 SYRIA
10.5.2 SAUDI ARABIA
10.5.3 JORDAN
10.5.4 ISRAEL
10.5.5 REST OF MIDDLE EAST
10.6 AFRICA
10.6.1 SOUTH AFRICA
10.6.2 ZIMBABWE
10.6.3 KENYA
10.6.4 EGYPT
10.6.5 TANZANIA
10.6.6 REST OF AFRICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 COMPETITIVE BENCHMARKING
11.3 MARKET SHARE ANALYSIS, 2021
11.4 KEY DEVELOPMENTS IN THE GLOBAL AGRICULTURE TIRE MARKET
11.4.1 PRODUCT LAUNCH/INTRODUCE/REPRESENT
11.4.2 ACQUISITION
11.4.1 PARTNERSHIP
11.4.2 AGREEMENT
11.4.3 EXPANSION
12 COMPANY PROFILES
12.1 BRIDGESTONE CORPORATION
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS OFFERED
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGIES
12.2 CONTINENTAL AG
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS/SERVICES OFFERED
12.2.4 KEY DEVELOPMENTS
12.2.5 SWOT ANALYSIS
12.2.6 KEY STRATEGIES
12.3 TITAN TIRE CORP
12.3.1 COMPANY OVERVIEW
12.3.2 FINANCIAL OVERVIEW
12.3.3 PRODUCTS OFFERED
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 MICHELIN
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS/SERVICES OFFERED
12.4.4 KEY DEVELOPMENTS
12.4.5 SWOT ANALYSIS
12.4.6 KEY STRATEGIES
12.5 APOLLO TYRES LTD
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS/SERVICES OFFERED
12.5.4 KEY DEVELOPMENTS
12.5.5 SWOT ANALYSIS
12.5.6 KEY STRATEGIES
12.6 JK TIRE & INDUSTRIES LTD.
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS OFFERED
12.6.4 KEY DEVELOPMENTS
12.6.5 SWOT ANALYSIS
12.6.6 KEY STRATEGIES
12.7 YOKOHAMA TIRE
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS/SERVICES OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 CEAT LTD
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS OFFERED
12.8.4 KEY DEVELOPMENTS
12.8.5 SWOT ANALYSIS
12.8.6 KEY STRATEGIES
12.9 BALAKRISHNA INDUSTRIES LIMITED
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS OFFERED
12.9.4 KEY DEVELOPMENTS
12.9.5 KEY STRATEGIES
12.10 TRELLEBORG AB
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS OFFERED
12.10.4 KEY DEVELOPMENTS
12.10.5 KEY STRATEGIES
12.11 NOKIAN TYRE PLC
12.11.1 COMPANY OVERVIEW
12.11.2 FINANCIAL OVERVIEW
12.11.3 PRODUCTS OFFERED
12.11.4 KEY DEVELOPMENTS
12.11.5 KEY STRATEGY
12.12 PIRELLI & C SPA
12.12.1 COMPANY OVERVIEW
12.12.2 FINANCIAL OVERVIEW
12.12.3 PRODUCTS OFFERED
12.12.4 KEY DEVELOPMENTS
12.12.5 KEY STRATEGIES
12.13 ALLIANCE TIRE GROUP
12.13.1 COMPANY OVERVIEW
12.13.2 FINANCIAL OVERVIEW
12.13.3 PRODUCTS OFFERED
12.13.4 KEY DEVELOPMENTS
12.13.5 KEY STRATEGIES
12.14 SUMITOMO RUBBER INDUSTRIES LTD
12.14.1 COMPANY OVERVIEW
12.14.2 FINANCIAL OVERVIEW
12.14.3 PRODUCTS OFFERED
12.14.4 KEY DEVELOPMENTS
12.14.5 KEY STRATEGIES
12.15 CHENG-SHIN RUBBER
12.15.1 COMPANY OVERVIEW
12.15.2 FINANCIAL OVERVIEW
12.15.3 PRODUCTS OFFERED
12.15.4 KEY DEVELOPMENTS
12.15.5 KEY STRATEGIES
12.16 EUROTIRE
12.16.1 COMPANY OVERVIEW
12.16.2 FINANCIAL OVERVIEW
12.16.3 PRODUCTS OFFERED
12.16.4 KEY DEVELOPMENTS
12.16.5 KEY STRATEGIES
12.17 GOODYEAR
12.17.1 COMPANY OVERVIEW
12.17.2 FINANCIAL OVERVIEW
12.17.3 PRODUCTS OFFERED
12.17.4 KEY DEVELOPMENTS
12.17.5 KEY STRATEGIES
12.18 CHINA NATIONAL RUBBER & TIRE CO
12.18.1 COMPANY OVERVIEW
12.18.2 FINANCIAL OVERVIEW
12.18.3 PRODUCTS OFFERED
12.18.4 KEY DEVELOPMENTS
12.18.5 KEY STRATEGIES
12.19 BELSHINA
12.19.1 COMPANY OVERVIEW
12.19.2 FINANCIAL OVERVIEW
12.19.3 PRODUCTS OFFERED
12.19.4 KEY DEVELOPMENTS
12.19.5 KEY STRATEGIES
12.20 TBC CORPORATION
12.20.1 COMPANY OVERVIEW
12.20.2 FINANCIAL OVERVIEW
12.20.3 PRODUCTS OFFERED
12.20.4 KEY DEVELOPMENTS
12.20.5 KEY STRATEGIES
12.21 HANKOOK TIRE
12.21.1 COMPANY OVERVIEW
12.21.2 FINANCIAL OVERVIEW
12.21.3 PRODUCTS OFFERED
12.21.4 KEY DEVELOPMENTS
12.21.5 KEY STRATEGIES
12.22 MRF LIMITED
12.22.1 COMPANY OVERVIEW
12.22.2 FINANCIAL OVERVIEW
12.22.3 PRODUCTS OFFERED
12.22.4 KEY DEVELOPMENTS
12.22.5 KEY STRATEGIES
12.23 THE CARLSTAR GROUP, LLC
12.23.1 COMPANY OVERVIEW
12.23.2 FINANCIAL OVERVIEW
12.23.3 PRODUCTS OFFERED
12.23.4 KEY DEVELOPMENTS
12.23.5 KEY STRATEGIES
12.24 SPECIALTY TIRES OF AMERICA, INC.
12.24.1 COMPANY OVERVIEW
12.24.2 FINANCIAL OVERVIEW
12.24.3 PRODUCTS OFFERED
12.24.4 KEY DEVELOPMENTS
12.24.5 KEY STRATEGIES
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