Table of Contents
Rolling along: Global demand and improved downstream markets will bolster revenue
Heavy-Duty OTR Tire Manufacturing
The Heavy-Duty OTR Tire Manufacturing industry has had to contend with tough operating conditions over the past five years. A rising trade-weighted index has weighed down heavily on industry exports. Additionally, while imports' share of domestic demand is expected to fall in 2016, the ratio had grown gradually until 2015. Furthermore, large declines in the price of rubber over the past five years has also resulted in a decline in prices, which has reduced the revenue generated by industry operators. The next five years are set to be full of green lights for the industry. The US economy will gain strength, driving demand from original equipment manufacturers (OEMs) and for replacement off-the-road (OTR) tires. Additionally, stronger construction activity will encourage companies to invest in new machinery and equipment and OTR tires.
This industry manufactures heavy-duty, off-the-road (OTR), industrial, construction, agricultural and mining vehicle tires. These tires are installed on earthmoving trucks (e.g. dump trucks and coal haulers), loaders and bulldozers, graders, cranes, log-skidders, combine harvesters and other OTR vehicles.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Tire Manufacturing in the US
Tractors & Agricultural Machinery Manufacturing in the US
Construction Machinery Manufacturing in the US
Mining, Oil & Gas Machinery Manufacturing in the US
Tire Dealers in the US
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
Global tire market witnessed a marginal growth during 2012-16, predominantly due to prevailing effects of Eurozone Crisis and slump in the crude oil prices which impacted the global automobile industry. ...
Use this report to: - Analyze the technologies and markets in the steel fiber and tire industries that influence demand for and development of tire reinforcement materials. - Gain insight into international ...
“The isoprene market is expected to grow at a CAGR of 7.4% during forecast period” The isoprene market is projected to reach USD 2.96 billion by 2021, at a CAGR of 7.4% from 2016 to 2021. Isoprene ...