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OTR Tires Market Research 2025-2032: Container Handlers Dominate Industrial Equipment OTR Tires Market Amid Port Projects Expansion

The global OTR tires market is projected to expand from USD 3.66 billion in 2024 to USD 5.58 billion by 2032, driven by growth in infrastructure, construction, and mining activities. The US is investing heavily in critical minerals mining, while China is spearheading development through the Belt and Road Initiative. Solid tires are gaining popularity in construction due to durability and lower maintenance, notably in the Asia Pacific region. Container handlers dominate the market in industrial equipment due to port advancements. Leading players include Continental AG, Bridgestone, and Michelin, focusing on innovations and sustainable manufacturing. The report provides insights into drivers, restraints, opportunities, and market strategies. Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "OTR Tires Market by Application (Construction & Mining Equipment, Agriculture Tractors, ATVs, Industrial Equipment), Agriculture Tractor by Power Output, Tire Type (Radial, Solid, Bias), Rim Size, Retreading (Application & Process), Aftermarket, Region - Global Forecast to 2032" report has been added to OTR tires market is estimated to grow from USD 3.66 billion in 2024 to USD 5.58 billion by 2032 at a CAGR of 6.2% The report's scope covers detailed information regarding the major factors influencing the growth of the OTR tires market. A thorough analysis of the key industry players has provided insights into their business overview, products, key strategies, contracts, partnerships, agreements, product launches, mergers and acquisitions, recession impact, and recent developments in the OTR tires growth in infrastructure, construction, and mining activities worldwide is primarily driving the OTR tires market. In the US, significant investments are being made for critical minerals mining and infrastructure, with an investment of USD 3.8 million for the Ozark Plateau under the Bipartisan Infrastructure Law. Also, the Trump administration aims to accelerate critical mineral production domestically, reducing dependence on foreign sources, which will have an institutional investment of up to USD 800 million from the US Export-Import Bank for NioCorp's Elk Creek Critical China's investment of USD 70.7 billion in construction contracts and USD 21.4 billion in overseas mining under the Belt and Road Initiative from 2024 -2025 would drive the market for OTR tires in Asia Pacific. Also, the rapid growth in the construction, mining, and agriculture sectors is driven by infrastructure investments, urbanization, and increased use of heavy machinery in emerging economies. However, the OTR tires market faces some challenges with the volatility of raw material prices, high manufacturing costs, supply chain disruptions, and the need to adapt to evolving vehicle technologies and environmental regulations, all of which impact tires are the second fastest-growing segment of the construction equipment tires are gaining popularity in the construction industry, particularly for compact equipment categories such as skid-steer loaders, RTLT-Telescopes, and compact wheeled loaders. These tires are made from solid rubber or rubber-like compounds, offering several advantages over pneumatic tires, including increased durability, puncture resistance, lower maintenance costs, and continuous operation with minimal downtime. At the regional level, the use of solid tires in construction and mining is growing steadily Asia Pacific region leads with rapid infrastructure and mining expansion, driving strong demand, whereas North America and Europe are witnessing gradual growth due to increased focus on durability, safety, and low maintenance in heavy equipment. For forklifts, solid tires are offered in a smaller size, ranging from 7.5-20 to 10.00- 20-inch, whereas for tow tractors, the solid tires typically range between 20.5 and 16-inch, which are designed to handle heavy loads in a harsh tires are replaced at very low rates and have lower maintenance costs, which improves and increases industrial operational efficiency and uptime. Also, these OTR tires find their application in warehouses and the industrial sector and have higher demand in regions such as North America, Europe, and Asia Pacific, where e-commerce and logistics industries are rapidly expanding, which is driving the demand for industrial vehicles equipped with solid tires. Solid OTR tires are priced lower than biased OTR tires in many handlers hold the largest industrial equipment OTR tires handlers dominate the OTR tires market in the industrial equipment segment in 2025, owing to their increased operations in ports and logistics. In container handlers, empty & laden FLT vehicles and reach stacker vehicles are considered, which are usually offered with the same size of OTR tires on the front and rear axles. The tire sizes for this vehicle differ according to the tonnage capacity. Normally, the tire size offered in container handlers ranges from 12.00-24 to 16.00-25-inch, depending on their specific models and operational requirements. These OTR tires are primarily used in container handlers and are are designed to lift goods and transport shipping containers within ports and terminals, handling loads weighing several tons. Emerging economies are investing in developing new ports due to increased supply chain management. For instance, in Europe, the Port of Genoa in Italy is undergoing around USD 1 billion breakwater upgrade to enhance protection and accommodate larger vessels, expected to be completed by 2026. The Port of Rotterdam in the Netherlands is expanding its Maasvlakte II terminal with a USD 1.1 billion project that will add new deep-sea quay facilities, also targeted for completion around 2026. These large-scale upcoming port projects are likely to increase the demand for large tonnage capacity of container handlers and different sizes of OTR tires, which will ultimately drive the demand for OTR Pacific is the fastest-growing OTR tires market Asia Pacific region dominates the global OTR tires market, with emerging economies such as China and India being significant contributors. Countries like China and India hold the largest construction & mining and agriculture tractors market. The infrastructural development in India and China is mostly for highways, bridges, industrial facilities, and power plants, significantly increasing the need for heavy-duty vehicles that rely on OTR tires. For instance, according to the Green Finance & Development Center's China Belt and Road Initiative (BRI) Investment Report 2024, China's total BRI engagement in 2024 reached USD 121.8 billion, of which nearly USD 70.7 billion was used for infrastructure construction. Hence, these investments are driving the market for OTR tires in the Asia Pacific region. Market Dynamics Drivers Infrastructure Development and Growth in Construction and Mining Activities Shift Toward Mechanization Expanding Off-Highway Equipment Rental Market Restraints Availability of Low-Cost Tires From Unorganized Markets Commercialized Use of Integrated Advanced Sensor-Based Technologies Opportunities Focus on Sustainable Manufacturing Techniques Rising Adoption of Retreading Method Increasing Sales of All-Terrain and Utility Terrain Vehicles Challenges High R&D Cost and Regulatory Compliance Recommendations Asia Pacific To Dominate OTR Tires Market Global Shift To Radial OTR Tires Growth of Compact Construction Equipment Case Study Analysis Integration of Atlas Tire Pressure Monitoring System To Prevent Tire Failure Bridgestone's Mastercore Otr Tires in Open-Pit Mining Improved Retreadability Using Software Program Trade Data Analysis Imports Germany France Mexico Exports China Thailand Germany Japan Technology Trends Key Technologies Intelligent Tires Advanced Otr Tires For Construction Equipment Precision Technology Track Temperature Measurement Systems Contact Area Information Sensing Airless Otr Tires Complementary Technologies Alternative To Natural Rubber Adjacent Technologies Tire Management Software Tire Pressure Monitoring System Company Profiles Key Players Continental Ag Business Overview Products Offered Recent Developments Product Launches/Developments/Enhancements Deals Expansions Other Developments The Analyst's View Key Strengths Strategic Choices Weaknesses and Competitive Threats Bridgestone Corporation Michelin Pirelli & C. S.P.A. The Yokohama Rubber Co., Ltd. Titan International, Inc. Nokian Tyres Plc. Ceat Cma, Llc Sumitomo Rubber Industries, Ltd. Other Players Eurotire Magna Tyres Techking Tires Triangle Tire Mrf Tyres Jk Tyre & Industries Ltd. Apollo Tyres Ltd. Balkrishna Industries Limited Maxxis International-Usa Linglong Tire Qingdao Rhino Tire Co., Ltd. Otani Tire Belshina For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900