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 Many ranch tasks once performed by actual work or working animals like bulls, ponies, and donkeys have been replaced by fueled innovation in contemporary times.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

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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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