- Increasing demand from agriculture, construction, and mining industries is driving consistent growth in the off the road tires market
- Heavy-duty vehicles require durable tires that can handle rough terrains and high loads, boosting the need for advanced tire solutions
- Asia-Pacific dominates the OTR tires market with the largest revenue share of 39.8% in 2024, driven by rapid industrialization, urbanization, and increasing infrastructure and mining activities in countries such as China, India, and Japan
- Europe region is expected to witness the highest growth rate in the global off the road (OTR) tires market, driven by rising infrastructure development, increased mining activities, and the adoption of advanced agricultural machinery. Government incentives for sustainable practices and the growing presence of OEMs are further accelerating market expansion across the region
- The bias tires segment held the largest market revenue share in 2024, driven by its robustness and cost-effectiveness for heavy machinery operating in challenging environments. These tires offer strong sidewall resistance and flexibility, making them well-suited for applications involving rough terrains and heavy loads. Their simpler construction also allows for easier repairs and lower replacement costs, which appeals to budget-conscious operators
