Code: MTA1286 | Publication Date: Nov 2024 |
The farm tire market is composed of several key players, each playing a critical role in shaping the industry's landscape. Major manufacturers such as Bridgestone, Michelin, and Goodyear lead the market with their advanced tire technologies and extensive product ranges that cater to various agricultural needs. These companies invest heavily in research and development to enhance tire performance, durability, and efficiency, ensuring that their products meet the rigorous demands of modern farming. Additionally, numerous regional manufacturers contribute by providing cost-effective options tailored to local farming conditions. Distributors and retailers also play a pivotal role in the supply chain, offering specialized advice and after-sales support to farmers to optimize the use of these essential agricultural tools.
The increasing demand for farm tires can be attributed to several factors, including the rise of mechanized farming practices and the need for higher crop yields. With the global population expected to reach 9.7 billion by 2050, farmers are under immense pressure to produce more food on limited land while minimizing environmental impact. As a result, there is an urgent need for advanced agricultural technologies that increase efficiency and productivity while reducing resource consumption. As per 6Wresearch, as of 2024, the global market is valued at approximately $8.4 billion. Further, the Global Market is projected to expand at a CAGR of 7.1% from 2025 to 2031. Additionally, by 2031, the market size is expected to reach around $12.8 billion.
Company Name | Bridgestone Corporation |
Headquarters | Tokyo, Japan |
Established Year | 1931 |
Official Website | Click Here |
As a leading global supplier, Bridgestone offers a diverse range of innovative and high-performance farm tires. Their focus on technology and sustainability makes them a significant player in the agricultural sector.
Company Name | Michelin Group |
Headquarters | Clermont-Ferrand, France |
Established Year | 1889 |
Official Website | Click Here |
Known for their commitment to quality and innovation, Michelin provides durable farm tires designed to enhance efficiency and productivity in agricultural operations.
Company Name | Goodyear Tire & Rubber Company |
Headquarters | Akron, Ohio, USA |
Established Year | 1898 |
Official Website | Click Here |
Goodyear's agricultural tire range is renowned for its robustness and reliability, catering to a wide array of farming machinery and vehicles.
Company Name | Continental AG |
Headquarters | Hanover, Germany |
Established Year | 1871 |
Official Website | Click Here |
Continental focuses on delivering innovative and durable farm tire solutions that contribute to sustainable agriculture practices worldwide.
Company Name | Pirelli & C. S.p.A. |
Headquarters | Milan, Italy |
Established Year | 1872 |
Official Website | Click Here |
Pirelli, a brand synonymous with quality, extends its expertise to the agricultural tire market, emphasizing safety and performance.
Company Name | Yokohama Rubber Company, Ltd. |
Headquarters | Tokyo, Japan |
Established Year | 1917 |
Official Website | Click Here |
With an emphasis on advanced engineering, Yokohama provides robust tires that support the efficiency of farming operations globally.
Company Name | Trelleborg AB |
Headquarters | Trelleborg, Sweden |
Established Year | 1905 |
Official Website | Click Here |
Trelleborg focuses on providing superior agricultural tires that maximize agricultural productivity and efficiency through cutting-edge technology.
Company Name | BKT Tires (Balkrishna Industries Limited) |
Headquarters | Mumbai, India |
Established Year | 1987 |
Official Website | Click Here |
BKT specializes in off-highway tires, offering a comprehensive range of farm tires that meet essential agricultural needs worldwide.
Company Name | Apollo Tyres Ltd |
Headquarters | Gurugram, India |
Established Year | 1972 |
Official Website | Click Here |
Apollo Tyres delivers specialized farm tire solutions designed to enhance farming operations with superior performance.
Company Name | Firestone |
Headquarters | Nashville, Tennessee, USA |
Established Year | 1900 |
Official Website | Click Here |
As a subsidiary of Bridgestone, Firestone offers a robust lineup of farm tires that ensure reliability and long-lasting performance in the field.