Agricultural Tires Market Report 2019-2024 | Industry Trends, Market Share, Size, Growth and Opportunities


Posted April 15, 2021 by imarcgroup1

According to the latest research report by IMARC Group, the global Agricultural Tires Market exhibited moderate growth during 2015-2020 and is expected to grow at a CAGR of around 5% during 2021-2026.

 
Agricultural tires help in transporting various farming equipment, such tractors, combines, grain carts, field sprayers, skid steer loaders, etc. They provide traction, directional stability, steering, and braking while resisting various surfaces' rough action. Furthermore, agricultural tires also control shock loads at a low level of floor pressure and protect the vehicle against minor surface disturbances.

The growing penetration of automation trends in the agriculture sector, along with the increasing consumption of plant-based food products, is driving the need for agricultural tires to promote high productivity. Moreover, the rising productutilization in precision farming and advanced logistics, storage, transportation, and processing facilities is further propelling the market growth. Additionally, growing investments in rural agriculture infrastructure by numerous governing authorities are also catalyzing the market growth. Besides this, several key manufacturers are introducing developed farming tractors and off-road vehicles that promote soil preservation and product safety. In the coming years, the increasing preferences for modern and integrated agriculture practices, which will augment the demand for efficient agricultural tires in the coming years.

Request to get the sample pages: https://www.imarcgroup.com/agricultural-tires-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Agricultural Tires Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Apollo Tyres Limited, Balkrishna Industries Limited (BKT), Bridgestone Corporation, CEAT Ltd. (RPG Group), Continental AG, JK Tyre & Industries Ltd., MRF Limited, Specialty Tires of America Inc., Sumitomo Rubber Industries Ltd., TBC Corporation (Michelin), The Carlstar Group LLC, Titan International Inc., Trelleborg AB and Yokohama Off-Highway Tires America Inc. (Yokohama Rubber Company).

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/agricultural-tires-market

The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.

Breakup by Product Type:

Bias Tires
Radial Tires

Breakup by Application:

Tractors
Harvesters
Forestry
Irrigation
Trailers
Others

Breakup by Distribution Channel:

OEM
Aftermarket

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Categories Research
Tags agricultural tires market , agricultural tires market report , agricultural tires market size
Last Updated April 15, 2021