Agricultural Tires Market is anticipated to grow with a CAGR of 5.13% during the forecast period, 2022 – 2028. While the overall scenario of the market is positive, the demand is hugely dependent on the economic turmoil in the region that invariably affects the farmers’ income and purchase of farm machinery. However, a downturn in farming equipment sales was witnessed in 2020, as the COVID-19 pandemic severely impacted the automotive industries, including the agriculture tires market.
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The rise in demand for efficient and productive agricultural machinery end-products, especially among developed nations, drives the agriculture tires market. After China, Germany is the second-largest exporter and manufacturer of agricultural tires. The demand for farm products from expanding populations and technological advancements in agricultural equipment are the primary factors propelling the market growth.
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Scope of the Report
The research study analyzes the global Air Treatment industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Market Segmentation
Sales Channel Type
- OEM
- Replacement/Aftermarket
Application Type
- Tractors
- Combine Harvesters
- Sprayers
- Trailers
- Loaders
- Other Application Types
Tire Type
- Bias Tires
- Radial Tires
Major Players
- Michelin
- Bridgestone Corporation (Firestone)
- Titan International Inc. (Goodyear Tires)
- BKT Tires
- Continental Reifen Deutschland GmbH
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Key Questions Answered by Agricultural Tires Market Report
- What was the Agricultural Tires Market size in 2021 and 2022; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Agricultural Tires Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Agricultural Tires Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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