U.S. Agricultural Tires Market Size By Sale Channel, By Application, By Construction, By Geographic Scope And Forecast


Posted July 28, 2020 by jennysmith22119

U.S. Agricultural Tires Market was valued at USD 693.5 Million in 2018 and is projected to reach USD 1,034.5 Million by 2026, growing at a CAGR of 5.19% from 2018 to 2026.

 
According to Verified Market Research, The U.S. Agricultural Tires Market was valued at USD 693.5 Million in 2018 and is projected to reach USD 1,034.5 Million by 2026, growing at a CAGR of 5.19% from 2018 to 2026.
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Machinery usage in farming has increased significantly over the years, across all parts of the world. The introduction of internal combustion engines and tractors, as a power source, has revolutionized the agriculture sector, by covering large agricultural areas in a short span of time. Agricultural tires refer to the tires that are specifically designed for vehicles used in farming or forestry such as in tractors, combine harvesters, sprayers, spreaders, and many others. Such tires have lower inflation pressure, which in turn reduces soil compaction and provides overall better handling in the terrain. These types of tires are designed to provide a soft footprint and help in avoiding tire slippage, which is crucial for agricultural lands such as marshy areas.
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Last Updated July 28, 2020