OTR Tires Market - Forecast(2021 - 2026)
OTR Tires Market size was valued $7.5 billion in 2020 and is estimated to grow at a CAGR of 3.5% during 2021-2026. The growing demand for mining, agriculture and construction are fueling the OTR Tire market. Additionally, the rising demand for commercial vehicles and the need for off-the-road tires for optimal performance including glass transition temperature are driving the growth of the market. Off the road tires are designed in such a way that it provides traction on different roads such as mud, sand and others with the pneumatic trail of styrene butadiene copolymer . The OTR tires are generally used in the vehicles which work on construction sites, mud mining and other mining fields, agricultural field and others. North America is considered as fastest growing region around the world as North America holds high infrastructure development which is expected to boost the OTR Tire market in the forecasted period. Request Sample Report C...