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OTR Tires Market,Size,Share,Application,Growth,Report (2017 to 2025)

The OTR tires market, by value, is projected to grow at a CAGR of 4.64% from 2017 to 2025 to reach USD 7.68 Billion by 2025 from USD 5.34 Billion in 2017.

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OTR Tires Market,Size,Share,Application,Growth,Report (2017 to 2025)

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  1. OTR Tires Market by Application, Type, Retreading Market by Application, Process, and Region - Global Forecast to 2025 www.MarketsandMarkets.com

  2. “OTR tires for Agriculture tractors accounts to have the largest market” Among all the applications agriculture tractors segment is expected to account for the largest market share in 2017. The <30 hp tractors segment is estimated to have the largest demand for OTR tires during the forecast period. China and India are estimated to be the key markets for tractors in the power output range up to 100 hp. The growth in the Chinese market can be attributed to the significant rise in the agricultural mechanization level; whereas, in India, factors such as small farm sizes and price sensitivity play a vital role. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=205158802

  3. “Construction and Mining Equipment segment to grow at the fastest pace in the OTR tires retreading market” The construction and mining equipment tires are expected to have a major share in the retreading market compared with agriculture and industrial equipment tires. The fleet operators are choosing retreading of tires over replacement as the cost of retreaded tires is significantly lower than that of newly replaced tires. The OTR tire retreading market is estimated to grow at the fastest rate owing to the increase in mechanization and the average working hours of machine. This leads to the wear and tear of tires. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=205158802

  4. Browse >> 99market data tables 56figures 783pagesand in-depth TOC on “OTR TiresMarket - Global Forecast to 2025” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. “Infrastructure development and government subsidies on equipment would drive the Asian Oceania OTR tires market” According to Global Property Guide, the number of residential and commercial buildings in Asia Oceania is expected to increase over the next decade due to the boom in the real estate market. Infrastructural activities are also projected to increase as they form a critical part in improving connectivity and promoting sustainable growth. Due to these factors, the market in Asia Oceania is expected to be the largest during the forecast period. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=205158802

  6. Target Audience: • The target audience of this report includes: • Aftermarket and tire retreading associations • Automotive OEMs • Governments’ national and regional environmental regulatory agencies or organizations • Manufacturers of OTR tires • Organized and unorganized aftermarket suppliers • Raw material manufacturers of tires/tire components (suppliers for Tier I) • Regional manufacturer associations • Tire retreading companies • Traders, distributors, and suppliers of tires, tire components, and raw materials • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=2051588021

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the OTR Tires Market. These include • Continental (Germany) • Bridgestone (Japan) • Michelin (France) • Goodyear (US) • Pirelli (Italy) • Sumitomo (Japan) • Yokohama (Japan) • HankookTire (South Korea) • Nokian Tyres (Finland) • CEAT (India) • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=205158802

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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