OTR Tires (Off-the-road tires) are utilized for large-scale machinery at construction and mining and other sites with no roads. These tires mainly made with premium casings and durable compounds. Off-the-road tires offer substantial support for machinery used at various civil engineering sites, including ultra-large dump trucks, earth and gravel at mining and dam construction sites, bulldozers for earth removal and graders for road construction and snow removal.
The production and sales volume of OTR tires is directly affected by downstream industries and global economy. Over the past six years, the market of construction and mining equipment has experienced fast growth and decline, as well as the OTR Tires market. The demand of OTR Tires reached a peak in 2013, just as what the construction and mining equipment industry experienced. And over the past two years, the OTR tires industry has faced decline which seems almost hard to bear for related enterprises
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This report focuses on the OTR Tires in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
As the global economy growth rate is forecasted to slow down, especially in China, which is one of the largest markets of OTR Tires; the market of OTR Tires in the following five years seems will not enjoy that fast growth. But as the market in India, Africa and some other developing regions is also promising, the industry of OTR tires is forecasted to recovery after 2016, though it will not grow as fast as what happens before 2013.
Currently, the global production capacity of OTR Tires is much higher than what is really needed. The capacity utilization rate of OTR tires manufacturers is not satisfactory. And as there are more than a hundred manufacturers of OTR Tires worldwide, the market competition is quite fierce. But it is forecasted that the number of OTR Tires worldwide may be reduced, as some enterprises may not be able to struggle to survive.
The worldwide market for OTR Tires is expected to grow at a CAGR of roughly 4.0% over the next five years, will reach 15100 million US$ in 2023, from 11900 million US$ in 2017, according to a new GIR (Global Info Research) study.
Complete report on OTR Tires report spread across 146 pages, profiling 25 companies and supported with tables and figures available @ https://www.orianresearch.com/enquiry-before-buying/602783 .
Report Covers Market Segment by Manufacturers:
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
Market Segment by Regions, regional analysis covers
The OTR Tires report focuses on the OTR Tires in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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There are 15 Chapters to deeply display the global OTR Tires.
Chapter 1: Describe OTR Tires Introduction, product scope, market overview, market opportunities, market risk, and market driving force.
Chapter 2: Analyze the top manufacturers of OTR Tires, with sales, revenue, and price of OTR Tires, in 2015 and 2017.
Chapter 3: Display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2017.
Chapter 4: Show the global market by regions, with sales, revenue and market share of OTR Tires, for each region, from 2011 to 2017.
Chapter 5, 6, 7, 8 and 9: Analyze and talked about the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11: Show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2017.
Chapter 12: In Chapter Eleven OTR Tires forecast, by regions, type and application, with sales and revenue, from 2017 to 2022.
Chapter 13, 14 and 15: Describe OTR Tires sales channel, distributors, traders, dealers, appendix and data source.
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