Amazon Coupons
Vipon > V Show > Agricultural Tires Market Share, Trends, Growth, and Forecast 2025-2033 Share great deals & products and save together.

Agricultural Tires Market Share, Trends, Growth, and Forecast 2025-2033

2025-02-18 03:14:38
Report

Global Agricultural Tires Industry: Key Statistics and Insights in 2025-2033

Summary:

  • The global agricultural tires market size reached USD 8.39 Billion in 2024.
  • The market is expected to reach USD 12.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.15% during 2025-2033.
  • North America leads the market, accounting for the largest agricultural tires market share.
  • Bias tires hold the majority of the market share in the product segment due to their suitability, and resistance to punctures and damage in rough terrains.
  • Tractors exhibit a clear dominance in the agricultural tires industry.
  • Aftermarket remains a dominant segment in the market, as it gives flexibility to farmers in choosing tires based on specific needs and budgets.
  • The growing agricultural mechanization is a primary driver of the agricultural tires market.
  • Technological advancements in tire manufacturing are reshaping the agricultural tires market.

Request for a sample copy of this report: https://www.imarcgroup.com/agricultural-tires-market/requestsample

Industry Trends and Drivers:

  • Growing agricultural mechanization:

The demand for agricultural tires is on the upswing, as farmers are currently adopting more sophisticated implements, including tractors, harvesters, sprayers, and other equipments, to sustain productive and efficient farming. Every machine requires specialized tires that will withstand different field conditions; consequently, the overall consumption of tires is on the rise. The trend toward large-scale mechanization and farming requires bigger equipment that is tougher and correspondingly requires good-quality tires that can handle heavy loading and prolonged use. Thus, the trend from manual or animal-based farming toward mechanized farming creates a demand for OE tires and their replacement.

  • Technological advancements in tire manufacturing:

IF and VF are bringing a paradigm shift in agri-tire technology. With their increasing ability to carry heavy loads at lower inflation pressures than standard radial tires, these tires help reduce soil compaction and enhance field productivity. Farmers have taken on IF and VF tires because of something that protects soil health while also enabling higher yields. Advancements in tread design and rubber compounds are developing tires with better traction and lower rolling resistance. Good traction means that farm machines are able to traverse different terrains effectively, and their low rolling resistance helps in fuel conservation, leading to reduced costs. If they want to make sure the tires offer good performance and save on extra expenses, they will be further attracted to these benefits.

  • Governmental support and subsidies:

Most national governments are establishing programs through which farmers can purchase farm machinery, including tractors, harvesters, and sprayers, under low-interest loans, grants, or tax waivers to make it easier for a greater number of farmers to mechanize their operations by reducing financial burdens from their real costs. This has resulted in increased adoption of machinery and increased demand for agricultural tires. Governments are also encouraging the application of modern and efficient farming practices for increase productivity and food security. These subsidy programs on sophisticated farming machinery ensure that many farmers get access to upgrading their machinery to more effective kinds, which need high-performance tires. This is driving the market for agricultural tires shaped as per these modern machines.

We explore the factors driving the growth of the market, including technological advancements, consumer behaviors, and regulatory changes, along with emerging agricultural tires market trends.

Agricultural Tires Market Report Segmentation:

Breakup By Product:

  • Bias Tires
  • Radial Tires

Bias tires hold the biggest market share due to their superior flexibility and ability to provide better traction on uneven terrains, making them ideal for various farming applications.

Breakup By Application:

  • Tractors
  • Harvesters
  • Forestry
  • Irrigation
  • Trailers
  • Others

Tractors account for the majority of the market share owing to the high demand for specialized tires that enhance their performance and efficiency in fieldwork.

Breakup By Distribution:

  • OEM
  • Aftermarket

Aftermarket represents the largest segment driven by the need for replacement tires as agricultural equipment undergoes wear and tear from regular use in demanding environments.

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

North America's dominance in the agricultural tires market is attributed to its advanced agricultural practices, high levels of mechanization, and strong demand for specialized equipment to meet the needs of diverse farming operations.

Top Agricultural Tires Market Leaders:

The agricultural tires market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

  • Apollo Tyres Limited
  • Balkrishna Industries Limited (BKT)
  • Bridgestone Corporation
  • CEAT Ltd. (RPG Group)
  • Continental AG
  • JK Tyre & Industries Ltd.
  • MRF Limited
  • Specialty Tires of America Inc.
  • Sumitomo Rubber Industries Ltd.
  • TBC Corporation (Michelin)
  • The Carlstar Group LLC
  • Titan International Inc.
  • Trelleborg AB
  • Yokohama Off-Highway Tires America Inc. (Yokohama Rubber Company)

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 

 

Agricultural Tires Market Share, Trends, Growth, and Forecast 2025-2033

471.4k
2025-02-18 03:14:38

Global Agricultural Tires Industry: Key Statistics and Insights in 2025-2033

Summary:

  • The global agricultural tires market size reached USD 8.39 Billion in 2024.
  • The market is expected to reach USD 12.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.15% during 2025-2033.
  • North America leads the market, accounting for the largest agricultural tires market share.
  • Bias tires hold the majority of the market share in the product segment due to their suitability, and resistance to punctures and damage in rough terrains.
  • Tractors exhibit a clear dominance in the agricultural tires industry.
  • Aftermarket remains a dominant segment in the market, as it gives flexibility to farmers in choosing tires based on specific needs and budgets.
  • The growing agricultural mechanization is a primary driver of the agricultural tires market.
  • Technological advancements in tire manufacturing are reshaping the agricultural tires market.

Request for a sample copy of this report: https://www.imarcgroup.com/agricultural-tires-market/requestsample

Industry Trends and Drivers:

  • Growing agricultural mechanization:

The demand for agricultural tires is on the upswing, as farmers are currently adopting more sophisticated implements, including tractors, harvesters, sprayers, and other equipments, to sustain productive and efficient farming. Every machine requires specialized tires that will withstand different field conditions; consequently, the overall consumption of tires is on the rise. The trend toward large-scale mechanization and farming requires bigger equipment that is tougher and correspondingly requires good-quality tires that can handle heavy loading and prolonged use. Thus, the trend from manual or animal-based farming toward mechanized farming creates a demand for OE tires and their replacement.

  • Technological advancements in tire manufacturing:

IF and VF are bringing a paradigm shift in agri-tire technology. With their increasing ability to carry heavy loads at lower inflation pressures than standard radial tires, these tires help reduce soil compaction and enhance field productivity. Farmers have taken on IF and VF tires because of something that protects soil health while also enabling higher yields. Advancements in tread design and rubber compounds are developing tires with better traction and lower rolling resistance. Good traction means that farm machines are able to traverse different terrains effectively, and their low rolling resistance helps in fuel conservation, leading to reduced costs. If they want to make sure the tires offer good performance and save on extra expenses, they will be further attracted to these benefits.

  • Governmental support and subsidies:

Most national governments are establishing programs through which farmers can purchase farm machinery, including tractors, harvesters, and sprayers, under low-interest loans, grants, or tax waivers to make it easier for a greater number of farmers to mechanize their operations by reducing financial burdens from their real costs. This has resulted in increased adoption of machinery and increased demand for agricultural tires. Governments are also encouraging the application of modern and efficient farming practices for increase productivity and food security. These subsidy programs on sophisticated farming machinery ensure that many farmers get access to upgrading their machinery to more effective kinds, which need high-performance tires. This is driving the market for agricultural tires shaped as per these modern machines.

We explore the factors driving the growth of the market, including technological advancements, consumer behaviors, and regulatory changes, along with emerging agricultural tires market trends.

Agricultural Tires Market Report Segmentation:

Breakup By Product:

  • Bias Tires
  • Radial Tires

Bias tires hold the biggest market share due to their superior flexibility and ability to provide better traction on uneven terrains, making them ideal for various farming applications.

Breakup By Application:

  • Tractors
  • Harvesters
  • Forestry
  • Irrigation
  • Trailers
  • Others

Tractors account for the majority of the market share owing to the high demand for specialized tires that enhance their performance and efficiency in fieldwork.

Breakup By Distribution:

  • OEM
  • Aftermarket

Aftermarket represents the largest segment driven by the need for replacement tires as agricultural equipment undergoes wear and tear from regular use in demanding environments.

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

North America's dominance in the agricultural tires market is attributed to its advanced agricultural practices, high levels of mechanization, and strong demand for specialized equipment to meet the needs of diverse farming operations.

Top Agricultural Tires Market Leaders:

The agricultural tires market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

  • Apollo Tyres Limited
  • Balkrishna Industries Limited (BKT)
  • Bridgestone Corporation
  • CEAT Ltd. (RPG Group)
  • Continental AG
  • JK Tyre & Industries Ltd.
  • MRF Limited
  • Specialty Tires of America Inc.
  • Sumitomo Rubber Industries Ltd.
  • TBC Corporation (Michelin)
  • The Carlstar Group LLC
  • Titan International Inc.
  • Trelleborg AB
  • Yokohama Off-Highway Tires America Inc. (Yokohama Rubber Company)

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 

 

Comments

Recommended

Dashboard Camera Market Size, Growth, and Trends Forecast 2025-2033
VIPON_831705905930
24
Agricultural Tires Market Trends, Growth, and Forecast 2025-2033
VIPON_831705905930
18
Camel Dairy Market Share, Size, Growth, Demand Forecast 2033
VIPON_831705905930
15
Download Vipon App to get great deals now!
...
Amazon Coupons Loading…