The Heavy-Duty OTR Tire Manufacturing industry has been rolling its way to a recovery. Increased demand for construction, mining and agricultural machinery equipment and tire replacement has driven this recovery. Additionally, growing demand for OTR tires in developing nations has supported industry growth. In the next five years, the US economy will gain strength, and downstream and export markets will continue to drive demand for industry products. However, the recent decline in oil prices could be a potential threat if they persist.
This industry manufactures heavy-duty, off-the-road (OTR), industrial, construction, agricultural and mining vehicle tires. These tires are installed on earthmoving trucks (e.g. dump trucks and coal haulers), loaders and bulldozers, graders, cranes, log-skidders, combine harvesters and other OTR vehicles.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.