Market Forecast By Types (Radial Tires and Bias Tires), By Vehicle Types (Loaders, Dump Truck, Graders, Cranes, Dumpers, Tractors, Forklifts and Others), By End Users (Construction, Industrial, Mining and Others), By Countries (Japan, China, India, Australia, Malaysia, Thailand, Indonesia, Philippines and Rest of APAC) and Competitive Landscape
Product Code: ETC000740 | Publication Date: Aug 2019 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | |||
The Asia Pacific OTR tyre market is registering a lot of technological advancements in recent years. Tire manufacturers in the Asia Pacific region are investing in research and development to create more advanced OTR tires that offer improved performance, durability, and safety. Additionally, the Covid-19 pandemic has led to a decline in the demand for OTR tires in the Asia Pacific region due to a decrease in construction and mining activities. The lockdowns and restrictions on movement have also affected the supply chain and distribution of tires. Further, the Asia Pacific OTR tire market is expected to recover as the economies of the region rebound from the pandemic. The demand for tires is expected to increase due to the resumption of construction and mining activities.
The Asia Pacific OTR tyre industry is also experiencing the rising popularity of radial tires. Radial OTR tires are gaining popularity in the Asia Pacific region due to their advantages over bias-ply tires, including longer lifespan, better fuel efficiency, and improved traction. Further, the market is also registering growing investments in the mining sector. Countries such as Australia, China, and India have been making significant investments in the mining sector, which is driving the demand for OTR tires in recent years. Moreover, the governments in several Asia Pacific countries have implemented regulations to reduce carbon emissions, which is driving the demand for eco-friendly OTR tires.
Significant development activities in the mining, industrial and construction sectors are the key factors driving the growth OTR tire market in the APAC region. The APAC region is the key region across the globe which is witnessing significant infrastructure expansion activities. To develop these infrastructures, the demand for off-road vehicles has surged significantly over the years. With the rise in the number of off-road vehicles, the demand for off-road (OTR) tires would increase in the APAC region.
According to 6Wresearch, the Asia Pacific (APAC) OTR tire market size is expected to register substantial growth during 2019-2025. This growth would be primarily driven by increasing transformation activities in some of the key developing countries such as India, China, Thailand, Indonesia, etc. The construction sector in the APAC region has witnessed huge investment, resulting in rising demand for construction equipment tires.
The construction segment leads the overall APAC OTR tire market as a result of increasing demand for earthmoving and material handling equipment. Additionally, in terms of tire types, the radial tire segment is likely to witness substantial growth over the coming years. Whereas, by vehicle types, tractors and loaders tires are witnessing rising demand.
The APAC OTR tire market report thoroughly covers the market by product type, vehicle type, end users, target market and countries including Japan, India, China, Australia, Malaysia, Thailand, Indonesia, Philippines and the Rest of APAC. The APAC OTR tire market outlook report provides an unbiased and detailed analysis of the ongoing APAC OTR tire market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The APAC OTR tire market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 APAC OTR Tire Market Overview |
3.1 APAC OTR Tire Market Revenues & Volume, 2015-2025F |
3.2 APAC OTR Tire Market Revenue Share, By Types, 2018 & 2025F |
3.3 APAC OTR Tire Market Revenue Share, By Vehicle Types, 2018 & 2025F |
3.5 APAC OTR Tire Market Revenue Share, By End Users, 2018 & 2025F |
3.6 APAC OTR Tire Market Revenue Share, By Regions, 2018 & 2025F |
3.7 APAC OTR Tire Market Industry Life Cycle |
3.8 APAC OTR Tire Market- Porter's Five Forces, 2018 |
4 APAC OTR Tire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 APAC OTR Tire Market Trends |
6 APAC OTR Tire Market Overview, By Types |
6.1 APAC OTR Tire Market Revenues & Volume, By Radial Tires, 2015-2025F |
6.2 APAC OTR Tire Market Revenues & Volume, By Bias Tires, 2015-2025F |
7 APAC OTR Tire Market Overview, By Vehicle Types |
7.1 APAC OTR Tire Market Revenues & Volume, By Loaders, 2015-2025F |
7.2 APAC OTR Tire Market Revenues & Volume, By Dump Trucks, 2015-2025F |
7.3 APAC OTR Tire Market Revenues & Volume, By Graders, 2015-2025F |
7.4 APAC OTR Tire Market Revenues & Volume, By Cranes, 2015-2025F |
7.5 APAC OTR Tire Market Revenues & Volume, By Dumpers, 2015-2025F |
7.6 APAC OTR Tire Market Revenues & Volume, By Tractors, 2015-2025F |
7.7 APAC OTR Tire Market Revenues & Volume, By Froklifts, 2015-2025F |
7.8 APAC OTR Tire Market Revenues & Volume, By Others, 2015-2025F |
8 APAC OTR Tire Market Overview, By End Users |
8.1 APAC OTR Tire Market Revenues & Volume, By Construction, 2015-2025F |
8.2 APAC OTR Tire Market Revenues & Volume, By Mining, 2015-2025F |
8.3 APAC OTR Tire Market Revenues & Volume, By Industrial, 2015-2025F |
8.4 APAC OTR Tire Market Revenues & Volume, By Others, 2015-2025F |
9 India OTR Tire Market Overview |
9.1 India OTR Tire Market Revenues & Volume, 2015-2025F |
9.2 India OTR Tire Market Revenues and Volume, By Vehicle Types, 2015-2025F |
9.3 India OTR Tire Market Revenues and Volume, By Types, 2015-2025F |
9.4 India OTR Tire Market Revenues and Volume, By End Users, 2015-2025F |
10 China OTR Tire Market Overview |
10.1 China OTR Tire Market Revenues & Volume, 2015-2025F |
10.2 China OTR Tire Market Revenues and Volume, By Vehicle Types, 2015-2025F |
10.3 China OTR Tire Market Revenues and Volume, By Types, 2015-2025F |
10.4 China OTR Tire Market Revenues and Volume, By End Users, 2015-2025F |
11 Japan OTR Tire Market Overview |
11.1 Japan OTR Tire Market Revenues & Volume, 2015-2025F |
11.2 Japan OTR Tire Market Revenues and Volume, By Vehicle Types, 2015-2025F |
11.3 Japan OTR Tire Market Revenues and Volume, By Types, 2015-2025F |
11.4 Japan OTR Tire Market Revenues and Volume, By End Users, 2015-2025F |
12 Australia OTR Tire Market Overview |
12.1 Australia OTR Tire Market Revenues & Volume, 2015-2025F |
12.2 Australia OTR Tire Market Revenues and Volume, By Vehicle Types, 2015-2025F |
12.3 Australia OTR Tire Market Revenues and Volume, By Types, 2015-2025F |
12.4 Australia OTR Tire Market Revenues and Volume, By End Users, 2015-2025F |
13 Thailand OTR Tire Market Overview |
13.1 Thailand OTR Tire Market Revenues & Volume, 2015-2025F |
13.2 Thailand OTR Tire Market Revenues and Volume, By Vehicle Types, 2015-2025F |
13.3 Thailand OTR Tire Market Revenues and Volume, By Types, 2015-2025F |
13.4 Thailand OTR Tire Market Revenues and Volume, By End Users, 2015-2025F |
14 Indonesia OTR Tire Market Overview |
14.1 Indonesia OTR Tire Market Revenues & Volume, 2015-2025F |
14.2 Indonesia OTR Tire Market Revenues and Volume, By Vehicle Types, 2015-2025F |
14.3 Indonesia OTR Tire Market Revenues and Volume, By Types, 2015-2025F |
14.4 Indonesia OTR Tire Market Revenues and Volume, By End Users, 2015-2025F |
15 Malaysia OTR Tire Market Overview |
15.1 Malaysia OTR Tire Market Revenues & Volume, 2015-2025F |
15.2 Malaysia OTR Tire Market Revenues and Volume, By Vehicle Types, 2015-2025F |
15.3 Malaysia OTR Tire Market Revenues and Volume, By Types, 2015-2025F |
15.4 Malaysia OTR Tire Market Revenues and Volume, By End Users, 2015-2025F |
16 Rest of APAC OTR Tire Market Overview |
16.1 Rest of APAC OTR Tire Market Revenues & Volume, 2015-2025F |
17 APAC OTR Tire Market Opportunity Assessment |
17.1 APAC OTR Tire Market Opportunity Assessment, By Vehicle Types, 2025F |
17.2 APAC OTR Tire Market Opportunity Assessment, By Types, 2025F |
17.3 APAC OTR Tire Market Opportunity Assessment, By Application, 2025F |
18 APAC OTR Tire Market Competitive Landscape |
18.1 APAC OTR Tire Market Revenue Share, By Companies, 2018 |
18.1.1 India OTR Tire Market Revenue Share, By Companies, 2018 |
18.1.2 China OTR Tire Market Revenue Share, By Companies, 2018 |
18.1.3 Japan OTR Tire Market Revenue Share, By Companies, 2018 |
18.1.4 Australia OTR Tire Market Revenue Share, By Companies, 2018 |
18.1.5 Thailand OTR Tire Market Revenue Share, By Companies, 2018 |
18.1.6 Indonesia OTR Tire Market Revenue Share, By Companies, 2018 |
18.1.7 Malaysia OTR Tire Market Revenue Share, By Companies, 2018 |
18.2 APAC OTR Tire Market Competitive Benchmarking, By Operating Parameters |
19 Company Profiles |
20 Strategic Recommendations |
21 Disclaimer |