Agriculture Tire & Tire Cord Market to Exceed US$ 14.9 Bn by 2030, TMR Study

ALBANY, N.Y., March 2, 2022 /PRNewswire/ -- Growing demand for agricultural trucks and tractors has spurred the sales of tires and tire cords. Farm owners are reaping the benefits of reduced downtimes by adopting all-terrain agricultural tires. Companies are garnering significant revenues from the rapid adoption of affordable tires especially in agriculture-intensive economies. The agriculture tire & tire cord market is projected to surpass valuation of US$ 14.9 Bn by 2030.

Wear-resistant tread compounds have opened up a massive avenue for manufacturers in the agriculture tire & tire cord market to meet a wide range of demand for on- and off-road tires. Firms are leaning on exploring new ingredients for rubber recipes to cater to the demand for durable and all-terrain tires for tractor and truck owners.

New tire designs minimize soil compaction have unlocked lucrative opportunities, observe the analysts in a detailed report on the global agriculture tire & tire cord market. Mobile apps are generating interest among agriculturists for monitoring vehicle performance and managing agriculture transportation.

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Key Findings of Agriculture Tire & Tire Cord Market Study

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Agriculture Tire & Tire Cord Market: Key Drivers

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Agriculture Tire & Tire Cord Market: Regional Growth Dynamics

Agriculture Tire & Tire Cord Market: Key Players

Some of the key players in the agriculture tire & tire cord market are Pirelli & C. S.p.A., Sumitomo Rubber Industries Ltd., Titan International, Inc., Trelleborg AB, China National Rubber Tire Co., Mitas, MICHELIN, Continental AG, Bridgestone Corporation, and Balkrishna Industries Limited (BKT).

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Global Agriculture Tire & Tire Cord Market: Segmentation

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