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  • Balakrishna

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    Sweta Pandya
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    The document discusses the off highway tire segment market. It focuses on specialty off highway tires used in agriculture, construction, mining and other industries. These tires require large stock keeping units to meet diverse customer needs worldwide. Major markets are developed countries in Europe, USA, Australia and Japan. While agriculture tires are generally non-cyclical, industrial, construction and mining tires performance is linked to economic conditions. The off highway tire segment has seen 3-5% growth normally but has faced challenges recently due to macro factors like trade wars and economic slowdowns. The off road tire market was valued at over $435 billion in 2018 and is estimated to grow around 7% annually through 2025. Recent acquisitions have bolstered

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    The document discusses the off highway tire segment market. It focuses on specialty off highway tires used in agriculture, construction, mining and other industries. These tires require large stock keeping units to meet diverse customer needs worldwide. Major markets are developed countries in Europe, USA, Australia and Japan. While agriculture tires are generally non-cyclical, industrial, construction and mining tires performance is linked to economic conditions. The off highway tire segment has seen 3-5% growth normally but has faced challenges recently due to macro factors like trade wars and economic slowdowns. The off road tire market was valued at over $435 billion in 2018 and is estimated to grow around 7% annually through 2025. Recent acquisitions have bolstered

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    6 views2 pages

    Balakrishna

    Uploaded by

    Sweta Pandya
    The document discusses the off highway tire segment market. It focuses on specialty off highway tires used in agriculture, construction, mining and other industries. These tires require large stock keeping units to meet diverse customer needs worldwide. Major markets are developed countries in Europe, USA, Australia and Japan. While agriculture tires are generally non-cyclical, industrial, construction and mining tires performance is linked to economic conditions. The off highway tire segment has seen 3-5% growth normally but has faced challenges recently due to macro factors like trade wars and economic slowdowns. The off road tire market was valued at over $435 billion in 2018 and is estimated to grow around 7% annually through 2025. Recent acquisitions have bolstered

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Industry Analysis/ Overview

    Total Tyre Market Segment the Off Highway Tire segment

    Sub Segments

    Raw material and Technology used

    Global Market

    Market Size: India/ APAC/ World

    Global Production export and import

    Growth Drivers of the industry

    Profit MARGINS

    Leading Players

    \Market Size: India/ APAC/ World

    Your Company is primarily engaged into Specialty “Off Highway Tire segment” which is consisting of
    Agriculture, Industrial, Construction, Earthmoving, Mining, Port, Lawn and Garden and All-Terrain
    Vehicle Tires (ATVs) etc.

    This segment is highly technical & capital incentive and known as “large varieties low volume
    segment” where any credible player needs to maintain large number of Stock Keeping Units (SKUs)
    to meet the diverse requirement of its customers worldwide.

    Since these tires are highly technical in nature, the major markets for it are developed countries like
    Europe, USA, Australia, New Zealand and Japan etc.

    While the sub segment (agriculture) is largely known as non-cyclical in nature, the other sub
    segment (industrial, construction and mining) is generally considered as cyclical and the
    performance of it is largely linked to overall economic outlook of the world. The growth rate in “Off-
    Highway tire segment” in a normal business environment range between 3-5%.

    The industry witnessed positive momentum for the last two and half years. For the last six months,
    industry is facing challenges on account of various macro factors, namely; Trade War, environment,
    slow-down in global economy, benign food inflation etc.

    Off-road Tires Market industry was valued over USD 435 billion in 2018 and is
    estimated to exhibit around 7% CAGR from 2019 to 2025.
    Agricultural Tyre
    Industrial Tyre: Trailer ,tractor, airway truck
    OTR : heavy Truck
    have acquisitions Two. tires commercial in growth of driver 2016 the: tires highway-off in greatly
    presence our bolstered for tires of manufacturer a, Group Tire Alliance of acquisition of acquisition
    2017 the aichi Tyre Industry and, machinery forestry and agricultural for tires of manufacturer a.,
    Ltd., Co

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