The global market for OTR Tires was estimated to be worth US$ 9296 million in 2024 and is forecast to a readjusted size of US$ 12861 million by 2031 with a CAGR of 5.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on OTR Tires cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
OTR Tires (Off-the-road tires) are utilized for large-scale machinery at construction and mining and other sites with no roads. These tires mainly made with premium casings and durable compounds. Off-the-road tires offer substantial support for machinery used at various civil engineering sites, including ultra-large dump trucks, earth and gravel at mining and dam construction sites, bulldozers for earth removal and graders for road construction and snow removal.
In 2024, global OTR Tires sales volume reached approximately 17 million units, with an average global market price of around US$ 500 per unit.
Global 5 largest manufacturers of OTR Tires are Michelin, Bridgestone, China National Chemical & Rubber Group, Continental Tire and Yokohama Tire, which make up about 60%. Among them, Michelin is the leader with about 25% market share.
The Off-the-Road (OTR) tires market holds strong long-term potential driven by the sustained demand from mining, construction, agriculture, and industrial sectors that rely on heavy-duty equipment for earthmoving, material handling, and transportation under extreme operating conditions, where OTR tires provide durability, traction, load-bearing capacity, and resistance to wear, cuts, and heat; the mining industry, particularly for coal, iron ore, and rare earth extraction, represents a core growth driver due to the need for ultra-large tires on haul trucks, loaders, and graders, while infrastructure development projects worldwide, including highways, dams, railways, and smart cities, further boost demand for construction machinery tires; agricultural mechanization in developing regions adds another growth avenue as tractors, harvesters, and forestry equipment increasingly adopt high-performance OTR tires to maximize efficiency in challenging terrain; technological advancements, such as radial OTR tires offering improved fuel efficiency, advanced tread designs for extended lifespan, and real-time tire monitoring systems that enhance safety and reduce downtime, strengthen the market outlook; Asia-Pacific leads in consumption due to massive construction and mining activities in China, India, and Australia, while North America and Europe show steady growth supported by modernization of fleets and replacement demand; meanwhile, Africa and Latin America present emerging opportunities linked to mining investments and agricultural expansion; although challenges such as high raw material costs, supply chain disruptions, and retreading competition exist, the overall market fundamentals remain robust, as end-users prioritize productivity, safety, and cost-efficiency in operations; with growing emphasis on sustainability, OTR tire manufacturers are also investing in eco-friendly materials and recycling initiatives, which align with global environmental goals while enhancing brand competitiveness; ultimately, the OTR tire market is set to expand as a critical enabler of heavy industries worldwide, supporting large-scale infrastructure, energy, and food production needs.
This report aims to provide a comprehensive presentation of the global market for OTR Tires, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of OTR Tires by region & country, by Type, and by Application.
The OTR Tires market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding OTR Tires.
Market Segmentation
By Company
- Michelin
- Bridgestone
- Titan
- Continental Tire
- Goodyear
- China National Chemical & Rubber Group
- Xuzhou Armour Rubber Company Ltd
- Yokohama Tire
- Haian Tire
- BKT
- Guizhou Tire
- Xingyuan tires
- Double Coin Tire Group
- Apollo
- Sailun tires
- Triangle tires
- Linglong tires
- JK Tyre
- Taishan Shandong Tire
Segment by Type
- Radial Tire
- Bias Tire
- Solid Tire
Segment by Application
- Loader
- Excavator
- Concrete Machinery
- Mining Machine
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of OTR Tires manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of OTR Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of OTR Tires in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 OTR Tires Product Introduction
- 1.2 Global OTR Tires Market Size Forecast
- 1.2.1 Global OTR Tires Sales Value (2020-2031)
- 1.2.2 Global OTR Tires Sales Volume (2020-2031)
- 1.2.3 Global OTR Tires Sales Price (2020-2031)
- 1.3 OTR Tires Market Trends & Drivers
- 1.3.1 OTR Tires Industry Trends
- 1.3.2 OTR Tires Market Drivers & Opportunity
- 1.3.3 OTR Tires Market Challenges
- 1.3.4 OTR Tires Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global OTR Tires Players Revenue Ranking (2024)
- 2.2 Global OTR Tires Revenue by Company (2020-2025)
- 2.3 Global OTR Tires Players Sales Volume Ranking (2024)
- 2.4 Global OTR Tires Sales Volume by Company Players (2020-2025)
- 2.5 Global OTR Tires Average Price by Company (2020-2025)
- 2.6 Key Manufacturers OTR Tires Manufacturing Base and Headquarters
- 2.7 Key Manufacturers OTR Tires Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of OTR Tires
- 2.9 OTR Tires Market Competitive Analysis
- 2.9.1 OTR Tires Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by OTR Tires Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in OTR Tires as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Radial Tire
- 3.1.2 Bias Tire
- 3.1.3 Solid Tire
- 3.2 Global OTR Tires Sales Value by Type
- 3.2.1 Global OTR Tires Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global OTR Tires Sales Value, by Type (2020-2031)
- 3.2.3 Global OTR Tires Sales Value, by Type (%) (2020-2031)
- 3.3 Global OTR Tires Sales Volume by Type
- 3.3.1 Global OTR Tires Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global OTR Tires Sales Volume, by Type (2020-2031)
- 3.3.3 Global OTR Tires Sales Volume, by Type (%) (2020-2031)
- 3.4 Global OTR Tires Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Loader
- 4.1.2 Excavator
- 4.1.3 Concrete Machinery
- 4.1.4 Mining Machine
- 4.1.5 Others
- 4.2 Global OTR Tires Sales Value by Application
- 4.2.1 Global OTR Tires Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global OTR Tires Sales Value, by Application (2020-2031)
- 4.2.3 Global OTR Tires Sales Value, by Application (%) (2020-2031)
- 4.3 Global OTR Tires Sales Volume by Application
- 4.3.1 Global OTR Tires Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global OTR Tires Sales Volume, by Application (2020-2031)
- 4.3.3 Global OTR Tires Sales Volume, by Application (%) (2020-2031)
- 4.4 Global OTR Tires Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global OTR Tires Sales Value by Region
- 5.1.1 Global OTR Tires Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global OTR Tires Sales Value by Region (2020-2025)
- 5.1.3 Global OTR Tires Sales Value by Region (2026-2031)
- 5.1.4 Global OTR Tires Sales Value by Region (%), (2020-2031)
- 5.2 Global OTR Tires Sales Volume by Region
- 5.2.1 Global OTR Tires Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global OTR Tires Sales Volume by Region (2020-2025)
- 5.2.3 Global OTR Tires Sales Volume by Region (2026-2031)
- 5.2.4 Global OTR Tires Sales Volume by Region (%), (2020-2031)
- 5.3 Global OTR Tires Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America OTR Tires Sales Value, 2020-2031
- 5.4.2 North America OTR Tires Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe OTR Tires Sales Value, 2020-2031
- 5.5.2 Europe OTR Tires Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific OTR Tires Sales Value, 2020-2031
- 5.6.2 Asia Pacific OTR Tires Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America OTR Tires Sales Value, 2020-2031
- 5.7.2 South America OTR Tires Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa OTR Tires Sales Value, 2020-2031
- 5.8.2 Middle East & Africa OTR Tires Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions OTR Tires Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions OTR Tires Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions OTR Tires Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions OTR Tires Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States OTR Tires Sales Value, 2020-2031
- 6.3.2 United States OTR Tires Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States OTR Tires Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe OTR Tires Sales Value, 2020-2031
- 6.4.2 Europe OTR Tires Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe OTR Tires Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China OTR Tires Sales Value, 2020-2031
- 6.5.2 China OTR Tires Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China OTR Tires Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan OTR Tires Sales Value, 2020-2031
- 6.6.2 Japan OTR Tires Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan OTR Tires Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea OTR Tires Sales Value, 2020-2031
- 6.7.2 South Korea OTR Tires Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea OTR Tires Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia OTR Tires Sales Value, 2020-2031
- 6.8.2 Southeast Asia OTR Tires Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia OTR Tires Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India OTR Tires Sales Value, 2020-2031
- 6.9.2 India OTR Tires Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India OTR Tires Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Michelin
- 7.1.1 Michelin Company Information
- 7.1.2 Michelin Introduction and Business Overview
- 7.1.3 Michelin OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Michelin OTR Tires Product Offerings
- 7.1.5 Michelin Recent Development
- 7.2 Bridgestone
- 7.2.1 Bridgestone Company Information
- 7.2.2 Bridgestone Introduction and Business Overview
- 7.2.3 Bridgestone OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Bridgestone OTR Tires Product Offerings
- 7.2.5 Bridgestone Recent Development
- 7.3 Titan
- 7.3.1 Titan Company Information
- 7.3.2 Titan Introduction and Business Overview
- 7.3.3 Titan OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Titan OTR Tires Product Offerings
- 7.3.5 Titan Recent Development
- 7.4 Continental Tire
- 7.4.1 Continental Tire Company Information
- 7.4.2 Continental Tire Introduction and Business Overview
- 7.4.3 Continental Tire OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Continental Tire OTR Tires Product Offerings
- 7.4.5 Continental Tire Recent Development
- 7.5 Goodyear
- 7.5.1 Goodyear Company Information
- 7.5.2 Goodyear Introduction and Business Overview
- 7.5.3 Goodyear OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Goodyear OTR Tires Product Offerings
- 7.5.5 Goodyear Recent Development
- 7.6 China National Chemical & Rubber Group
- 7.6.1 China National Chemical & Rubber Group Company Information
- 7.6.2 China National Chemical & Rubber Group Introduction and Business Overview
- 7.6.3 China National Chemical & Rubber Group OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 China National Chemical & Rubber Group OTR Tires Product Offerings
- 7.6.5 China National Chemical & Rubber Group Recent Development
- 7.7 Xuzhou Armour Rubber Company Ltd
- 7.7.1 Xuzhou Armour Rubber Company Ltd Company Information
- 7.7.2 Xuzhou Armour Rubber Company Ltd Introduction and Business Overview
- 7.7.3 Xuzhou Armour Rubber Company Ltd OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Xuzhou Armour Rubber Company Ltd OTR Tires Product Offerings
- 7.7.5 Xuzhou Armour Rubber Company Ltd Recent Development
- 7.8 Yokohama Tire
- 7.8.1 Yokohama Tire Company Information
- 7.8.2 Yokohama Tire Introduction and Business Overview
- 7.8.3 Yokohama Tire OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Yokohama Tire OTR Tires Product Offerings
- 7.8.5 Yokohama Tire Recent Development
- 7.9 Haian Tire
- 7.9.1 Haian Tire Company Information
- 7.9.2 Haian Tire Introduction and Business Overview
- 7.9.3 Haian Tire OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Haian Tire OTR Tires Product Offerings
- 7.9.5 Haian Tire Recent Development
- 7.10 BKT
- 7.10.1 BKT Company Information
- 7.10.2 BKT Introduction and Business Overview
- 7.10.3 BKT OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 BKT OTR Tires Product Offerings
- 7.10.5 BKT Recent Development
- 7.11 Guizhou Tire
- 7.11.1 Guizhou Tire Company Information
- 7.11.2 Guizhou Tire Introduction and Business Overview
- 7.11.3 Guizhou Tire OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Guizhou Tire OTR Tires Product Offerings
- 7.11.5 Guizhou Tire Recent Development
- 7.12 Xingyuan tires
- 7.12.1 Xingyuan tires Company Information
- 7.12.2 Xingyuan tires Introduction and Business Overview
- 7.12.3 Xingyuan tires OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Xingyuan tires OTR Tires Product Offerings
- 7.12.5 Xingyuan tires Recent Development
- 7.13 Double Coin Tire Group
- 7.13.1 Double Coin Tire Group Company Information
- 7.13.2 Double Coin Tire Group Introduction and Business Overview
- 7.13.3 Double Coin Tire Group OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Double Coin Tire Group OTR Tires Product Offerings
- 7.13.5 Double Coin Tire Group Recent Development
- 7.14 Apollo
- 7.14.1 Apollo Company Information
- 7.14.2 Apollo Introduction and Business Overview
- 7.14.3 Apollo OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Apollo OTR Tires Product Offerings
- 7.14.5 Apollo Recent Development
- 7.15 Sailun tires
- 7.15.1 Sailun tires Company Information
- 7.15.2 Sailun tires Introduction and Business Overview
- 7.15.3 Sailun tires OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Sailun tires OTR Tires Product Offerings
- 7.15.5 Sailun tires Recent Development
- 7.16 Triangle tires
- 7.16.1 Triangle tires Company Information
- 7.16.2 Triangle tires Introduction and Business Overview
- 7.16.3 Triangle tires OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Triangle tires OTR Tires Product Offerings
- 7.16.5 Triangle tires Recent Development
- 7.17 Linglong tires
- 7.17.1 Linglong tires Company Information
- 7.17.2 Linglong tires Introduction and Business Overview
- 7.17.3 Linglong tires OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Linglong tires OTR Tires Product Offerings
- 7.17.5 Linglong tires Recent Development
- 7.18 JK Tyre
- 7.18.1 JK Tyre Company Information
- 7.18.2 JK Tyre Introduction and Business Overview
- 7.18.3 JK Tyre OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 JK Tyre OTR Tires Product Offerings
- 7.18.5 JK Tyre Recent Development
- 7.19 Taishan Shandong Tire
- 7.19.1 Taishan Shandong Tire Company Information
- 7.19.2 Taishan Shandong Tire Introduction and Business Overview
- 7.19.3 Taishan Shandong Tire OTR Tires Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Taishan Shandong Tire OTR Tires Product Offerings
- 7.19.5 Taishan Shandong Tire Recent Development
8 Industry Chain Analysis
- 8.1 OTR Tires Industrial Chain
- 8.2 OTR Tires Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 OTR Tires Sales Model
- 8.5.2 Sales Channel
- 8.5.3 OTR Tires Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer