Off-the-Road Tire Market

Off-The-Road Tire Market Growth, Trends, Share, Size, Analysis and Forecast 2022-2027

Off-The-Road Tire Market Growth, Trends, Share, Size, Analysis and Forecast 2022-2027

According to the latest report by IMARC Group, titled, “Off-the-Road Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global off-the-road tire market size reached US$ 27.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 37.9 Billion by 2027, exhibiting a growth rate (CAGR) of 5.2% during 2022-2027. Off-the-road (OTR) tires are deep-treaded tires that provide firm grip over unlevelled surfaces, including rock, mud, loose dirt, or gravel. Few off-the-road vehicles include cranes, wheel loaders, telescopic handlers, tractors, all-terrain vehicles (ATVs), military trucks, and specialized purpose vehicles. OTR tires in vehicles…
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