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Agricultural Tires Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Agricultural Tires Market Report By Tire Type (Bias, Radial), By Application (Tractor (Front, Rear), Harvesters, Attachments/Implements, Sprayers/Irrigation, Forestry, MPT (Multi-purpose Tires), and Others), By End User (Distribution Channel) - OEMs, After Market (Online, Offline - Specialized/Tire Retail store), and Retread Tires, By Rim Size - <15’’, 15-24’’, 24-42’’ and >42’’and By Country/Region) - Industry Dynamics, Market Size and Opportunity Forecasts, 2022-2030

  • Published Date: Sep-2022  |   Format: pdfpowerpointexcel  |  Report ID: AA0922299  | Delivery: 2 to 4 Hours
Agricultural Tires Market

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Report AttributeDetails
Market Size Value in 2021US$ 9,321.2 Million
Expected Revenue in 2030US$ 14,215.9 Million
Historic Data2017-2021
Base Year2021
Forecast Period2022-2030
UnitValue (USD Mn)
Segments coveredBy Tire Type, By Application, By End-User (Distribution Channel), By Rim Size, By Region
Key Companies                                                                                                                   Alliance Tire Company Ltd. , Balkrishna Industries Limited (BKT) , Bridgestone Corporation, CEAT ltd., China National Rubber Tire Co. , Coker Tires, Continental AG, Duratread , Michelin Group , Mitas, Nokian Tyres plc, Pirelli & C. S.p.A., Salsons Impex Pvt. Ltd., Specialty Tires of America, Inc. , Sumitomo Rubber Industries Ltd. , Titan International, Inc., Trelleborg AB, Goodyear India Ltd., Cheng Shin Rubber, Zhongce Rubber Group Co., Ltd., Hankook Tire & Technology, Giti Tire, Toyo Tire Corporation, Other Prominent Players
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Agriculture Tires are of two types: Bias and Radial Tires.

The Global Agriculture Tires Market is studied from 2017-2030. 

The Global Agriculture Tires Market is projected to grow at a CAGR of 5% during the forecast period 2022-2030. 

Factors such as favorable government & food organization initiatives and subsidies drive the growth in the global agriculture tires market. The growing demand for automation in farming activities and the rising adoption of advanced technologies in farming to meet the food demand & increase agricultural yield expects a boost to the market in the coming years.

The Tractor segment holds the highest CAGR in the Global Agriculture Tires Market during the forecast period.

North America region is growing with the highest CAGR in terms of Revenue and Asia-Pacific is growing with the highest CAGR in terms of Volume during the forecast period. 

The US holds the major share in terms of revenue in the North America Agriculture Tires Market.

The technological advancements and rising mechanization in agriculture provide a lucrative growth opportunity in the Agriculture Tires Market.

Tire Type, Application, End User (Distribution Channel) and Region are the different segments in the Global Agriculture Tires Market.

Bridgestone, Michelin Group, Goodyear, Continental AG, Sumitomo, Pirelli, Hankook, Yokohama, Cheng Shin, Zhongce Rubber, Giti and Toyo among others.