Product Code: ETC13231865 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Agricultural Tires Market was valued at USD 3.6 Billion in 2024 and is expected to reach USD 6.8 Billion by 2031, growing at a compound annual growth rate of 8.90% during the forecast period (2025-2031).
The global agricultural tires market is experiencing steady growth, driven by increasing mechanization in the agriculture industry and the growing demand for higher productivity. Factors such as rising labor costs, technological advancements in farming equipment, and the need for improved efficiency are fueling the demand for agricultural tires. The market is also influenced by trends such as precision farming, sustainable agriculture practices, and the expansion of the agriculture sector in developing regions. Key players in the market are focusing on product innovation, strategic partnerships, and expanding their distribution networks to cater to the evolving needs of farmers. The market is expected to continue its growth trajectory, with opportunities emerging in areas such as radial tires, specialty tires for specific crops, and the integration of IoT technology for smart farming applications.
The Global Agricultural Tires Market is witnessing significant growth due to the increasing mechanization of farming practices and the expansion of agriculture into new regions. One major trend is the rising adoption of radial tires, which offer better traction, fuel efficiency, and overall performance compared to bias-ply tires. Another key trend is the growing demand for larger and more technologically advanced tires to support heavy-duty farming equipment. Opportunities in the market include the development of sustainable and eco-friendly tire solutions to meet the demands of environmentally conscious farmers, as well as the expansion of distribution networks in emerging markets to tap into the increasing agricultural activities. Overall, the market is poised for continued growth driven by technological advancements and the modernization of agricultural practices globally.
The Global Agricultural Tires Market faces several challenges, including fluctuating raw material prices, increasing competition from cheaper alternatives, and the impact of unpredictable weather patterns on farming activities. The agricultural sector is highly dependent on the availability and affordability of tires for its machinery, and any disruptions in the supply chain can affect the market significantly. Additionally, the shift towards sustainable farming practices and the adoption of precision agriculture technologies are influencing the demand for specialized tires that can cater to specific needs, further adding complexity to the market landscape. Manufacturers in the agricultural tires market need to innovate continuously to meet evolving customer requirements while also addressing environmental concerns and regulatory requirements to stay competitive in the industry.
The Global Agricultural Tires market is primarily driven by factors such as increasing mechanization of agriculture, growing demand for food production to meet the needs of a growing population, and the expansion of agricultural activities into previously uncultivated land. Additionally, technological advancements in agricultural machinery and equipment, such as tractors and harvesters, have led to a higher demand for specialized tires that can withstand the challenging conditions of farm operations. Furthermore, government initiatives supporting the adoption of modern farming practices and the increasing focus on improving agricultural productivity are also contributing to the growth of the agricultural tires market globally. Overall, these drivers are expected to continue fueling the demand for agricultural tires in the coming years.
Government policies related to the Global Agricultural Tires Market primarily focus on regulations for tire safety, environmental impact, and trade barriers. Safety standards set by governmental bodies ensure that agricultural tires meet specific requirements to protect farmers and equipment. Environmental policies aim to reduce emissions and promote sustainable practices within the agricultural sector, influencing tire design and manufacturing processes. Additionally, trade regulations and tariffs impact the global market by affecting the import and export of agricultural tires between countries. Overall, government policies play a significant role in shaping the landscape of the Global Agricultural Tires Market by addressing safety, environmental concerns, and trade barriers to ensure compliance and foster innovation in the industry.
The Global Agricultural Tires Market is poised for steady growth in the coming years, driven by increasing mechanization and automation in the agriculture sector, particularly in emerging economies. The demand for efficient and durable tires for various agricultural machinery and equipment is expected to rise as farmers seek to improve productivity and reduce operational costs. Additionally, the growing trend towards precision farming and technological advancements in tire design and materials are likely to further boost market growth. However, factors such as fluctuating raw material prices and environmental concerns may pose challenges to the market. Overall, the Global Agricultural Tires Market is anticipated to expand at a moderate pace, with key players focusing on product innovation and strategic partnerships to gain a competitive edge in the market.
In the Global Agricultural Tires Market, Asia is expected to witness significant growth due to the increasing adoption of mechanized farming practices in countries like China and India. North America is likely to maintain a steady market share, driven by the presence of large-scale commercial farms and advanced agricultural technology. Europe is anticipated to experience moderate growth, with a focus on sustainable agricultural practices and precision farming techniques. The Middle East and Africa region is projected to show gradual growth, propelled by government initiatives to improve agricultural productivity. Latin America is poised for steady growth, supported by the expansion of agricultural land and the adoption of modern farming equipment. Overall, the global agricultural tires market is expected to witness steady growth across all regions, driven by the increasing demand for efficient farm machinery.
Global Agricultural Tires Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Agricultural Tires Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Agricultural Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Global Agricultural Tires Market - Industry Life Cycle |
3.4 Global Agricultural Tires Market - Porter's Five Forces |
3.5 Global Agricultural Tires Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Agricultural Tires Market Revenues & Volume Share, By Tire Type, 2021 & 2031F |
3.7 Global Agricultural Tires Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Agricultural Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Global Agricultural Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Agricultural Tires Market Trends |
6 Global Agricultural Tires Market, 2021 - 2031 |
6.1 Global Agricultural Tires Market, Revenues & Volume, By Tire Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Agricultural Tires Market, Revenues & Volume, By Bias Tires, 2021 - 2031 |
6.1.3 Global Agricultural Tires Market, Revenues & Volume, By Radial Tires, 2021 - 2031 |
6.2 Global Agricultural Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Agricultural Tires Market, Revenues & Volume, By Tractors, 2021 - 2031 |
6.2.3 Global Agricultural Tires Market, Revenues & Volume, By Combine Harvesters, 2021 - 2031 |
6.2.4 Global Agricultural Tires Market, Revenues & Volume, By Sprayers, 2021 - 2031 |
6.2.5 Global Agricultural Tires Market, Revenues & Volume, By Trailers, 2021 - 2031 |
6.2.6 Global Agricultural Tires Market, Revenues & Volume, By Loaders, 2021 - 2031 |
6.2.7 Global Agricultural Tires Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Agricultural Tires Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Agricultural Tires Market, Revenues & Volume, By OEM, 2021 - 2031 |
6.3.3 Global Agricultural Tires Market, Revenues & Volume, By Aftermarket, 2021 - 2031 |
7 North America Agricultural Tires Market, Overview & Analysis |
7.1 North America Agricultural Tires Market Revenues & Volume, 2021 - 2031 |
7.2 North America Agricultural Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Agricultural Tires Market, Revenues & Volume, By Tire Type, 2021 - 2031 |
7.4 North America Agricultural Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Agricultural Tires Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
8 Latin America (LATAM) Agricultural Tires Market, Overview & Analysis |
8.1 Latin America (LATAM) Agricultural Tires Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Agricultural Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Agricultural Tires Market, Revenues & Volume, By Tire Type, 2021 - 2031 |
8.4 Latin America (LATAM) Agricultural Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Agricultural Tires Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
9 Asia Agricultural Tires Market, Overview & Analysis |
9.1 Asia Agricultural Tires Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Agricultural Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Agricultural Tires Market, Revenues & Volume, By Tire Type, 2021 - 2031 |
9.4 Asia Agricultural Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Agricultural Tires Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
10 Africa Agricultural Tires Market, Overview & Analysis |
10.1 Africa Agricultural Tires Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Agricultural Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Agricultural Tires Market, Revenues & Volume, By Tire Type, 2021 - 2031 |
10.4 Africa Agricultural Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Agricultural Tires Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
11 Europe Agricultural Tires Market, Overview & Analysis |
11.1 Europe Agricultural Tires Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Agricultural Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Agricultural Tires Market, Revenues & Volume, By Tire Type, 2021 - 2031 |
11.4 Europe Agricultural Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Agricultural Tires Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
12 Middle East Agricultural Tires Market, Overview & Analysis |
12.1 Middle East Agricultural Tires Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Agricultural Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Agricultural Tires Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Agricultural Tires Market, Revenues & Volume, By Tire Type, 2021 - 2031 |
12.4 Middle East Agricultural Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Agricultural Tires Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
13 Global Agricultural Tires Market Key Performance Indicators |
14 Global Agricultural Tires Market - Export/Import By Countries Assessment |
15 Global Agricultural Tires Market - Opportunity Assessment |
15.1 Global Agricultural Tires Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Agricultural Tires Market Opportunity Assessment, By Tire Type, 2021 & 2031F |
15.3 Global Agricultural Tires Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Agricultural Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
16 Global Agricultural Tires Market - Competitive Landscape |
16.1 Global Agricultural Tires Market Revenue Share, By Companies, 2024 |
16.2 Global Agricultural Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |