Agricultural Tires Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Application Type (Tractors, Combine Harvester, Sprayers, Trailers, Loaders, Others), By Sales Channel (OEM, Aftermarket), By Tire Type (Bias Type, Radial Type) and By Region 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 8.72 Billion
CAGR (2026-2031)	5.13%
Fastest Growing Segment	Tractor
Largest Market	Asia Pacific
Market Size (2031)	USD 11.77 Billion

Market Overview

The Global Agricultural Tires Market will grow from USD 8.72 Billion in 2025 to USD 11.77 Billion by 2031 at a 5.13% CAGR. Agricultural tires are specialized components engineered for farm machinery, such as tractors and harvesters, to ensure optimal traction, load-bearing capacity, and soil preservation. The market is primarily driven by the escalating global demand for food security, which necessitates higher crop yields, and the increasing mechanization of agriculture in developing economies to enhance operational efficiency. This upward trajectory is supported by recent industry performance data. According to the European Tyre and Rubber Manufacturers' Association, in 2024, agricultural replacement tire sales increased by 5%, reaching a total of 716,000 units, reflecting resilient demand within the sector.

However, a significant challenge impeding market expansion is the volatility of raw material prices, specifically natural rubber and petroleum derivatives, which creates instability in manufacturing costs. These fluctuating expenses often necessitate price increases that can deter cost-conscious farmers from investing in new equipment or replacements, thereby suppressing volume growth. Consequently, managing input cost variability remains a critical obstacle for manufacturers aiming to sustain profitability and consistent market penetration.

Key Market Drivers

Accelerated mechanization of global farming operations serves as a primary catalyst for market expansion, driven by acute labor shortages and the need for higher operational output. As the agricultural workforce diminishes, commercial enterprises are rapidly replacing manual processes with high-horsepower tractors and automated harvesters, creating a sustained requirement for large-rim, load-bearing tires. This shift toward heavy machinery is substantiated by recent sales performance; according to Mahindra & Mahindra, June 2024, in the 'Farm Equipment Sector Press Release', domestic tractor sales reached 35,237 units in May 2024, reflecting resilient demand for mechanized equipment. The sheer scale of this machinery market further underscores the reliance on tire consumables; according to Kubota Corporation, in 2024, revenue from its Farm & Industrial Machinery segment totaled $17.5 billion for the fiscal year, indicating substantial global capital investment in mechanized farming solutions.

Technological advancements in radial and low-pressure (IF/VF) tire designs represent the second pivotal driver, directly addressing the imperative for soil preservation and sustainable yield optimization. Heavy farm equipment poses a significant risk of soil compaction, which degrades root porosity and crop yields; in response, manufacturers are engineering Very High Flexion (VF) tires that operate at reduced air pressures to distribute weight more evenly and minimize ground damage. This technical evolution has solidified the agricultural segment as a core revenue stream for specialized manufacturers. According to Balkrishna Industries Limited, May 2024, in the 'Q4 & FY24 Earnings Presentation', the agriculture segment constituted 60.5% of the company's total sales volume, demonstrating the market's dominant preference for these specialized tire solutions over other off-highway categories.

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Key Market Challenges

The volatility of raw material prices, particularly for natural rubber and petroleum derivatives, creates a destabilizing environment for the Global Agricultural Tires Market. Manufacturers face unpredictable production expenses, which directly impacts their pricing strategies and profit margins. When input costs spike unexpectedly, companies are compelled to adjust tire prices upward to maintain financial viability. This price transmission acts as a deterrent to market growth, as agricultural end-users often operate with limited liquidity and are highly sensitive to operational cost increases. When faced with erratic pricing, cost-conscious farmers frequently delay replacement purchases, opting to utilize worn equipment longer than recommended, which suppresses sales volume.

This instability in the supply chain is substantiated by recent industry data regarding raw material trends. According to the Association of Natural Rubber Producing Countries, in 2024, global natural rubber consumption was anticipated to rise by 1.8% to reach approximately 15.45 million tonnes, a demand level that tightened market supply and contributed to sustained pressure on material costs. Such fluctuations force manufacturers to continuously recalibrate their financial planning, often resulting in deferred investment in production capacity. Consequently, the inability to offer stable, competitive pricing slows the adoption rate of new agricultural tires and dampens overall market expansion.

Key Market Trends

The customization of tires for autonomous and electric agricultural machinery is becoming a dominant trend as the sector integrates advanced propulsion systems. Unlike traditional diesel-powered tractors, electric and autonomous units deliver instantaneous torque and carry heavy battery packs, necessitating tires with reinforced casings and specialized tread compounds to handle increased loads without slippage. This evolution aligns with the broader surge in next-generation equipment adoption, which is fueling demand for compatible tire technologies. The scale of this equipment transition is evidenced by major OEM performance; according to CNH Industrial, February 2024, in the 'Fourth Quarter and Full Year 2023 Results', the Agriculture segment reported full-year net sales of $18.15 billion, reflecting the immense market appetite for advanced farming platforms that drive the requirement for specialized tire specifications.

Concurrently, the transition toward sustainable and bio-based rubber manufacturing materials has emerged as a critical trend driven by environmental regulations and corporate sustainability goals. Manufacturers are actively replacing petroleum-based synthetic rubber with renewable alternatives such as guayule, dandelion latex, and recycled carbon black to reduce the carbon footprint of production. This shift is not merely compliance-driven but represents a strategic evolution in material science requiring significant capital expenditure in research and development. This investment capacity is supported by strong sector revenues; according to Michelin, February 2024, in the '2023 Full-Year Results', sales for the Specialty businesses, which include agricultural lines, reached €7.0 billion, underscoring the financial robustness supporting the company’s accelerated roadmap toward fully sustainable tire production.

Segmental Insights

The Tractor segment represents the fastest-growing category within the Global Agricultural Tires Market, driven by the urgent global need to enhance farm productivity. As population numbers rise, institutions like the Food and Agriculture Organization emphasize the necessity of mechanization to overcome labor shortages and ensure food security. This trend compels farmers to adopt modern tractors for diverse field operations, ranging from plowing to harvesting. Consequently, the expanding fleet of agricultural machinery accelerates the requirement for durable tires, positioning tractors as the primary catalyst for market expansion.

Regional Insights

The Asia Pacific region maintains a leading position in the global agricultural tires market due to the heavy reliance on the agrarian sector in major economies like China and India. This market dominance is primarily fueled by increasing farm mechanization aimed at addressing rising food security needs. Additionally, supportive policies such as machinery subsidies from institutions like the Ministry of Agriculture and Farmers Welfare in India significantly accelerate tractor adoption. Consequently, the consistent expansion of fleet sizes in these nations directly drives the sustained demand for agricultural tires.

Recent Developments

• In November 2024, BKT unveiled four new agricultural tire products at the EIMA International trade show in Bologna, Italy. The launch included the Agrimax ProHarvest for combines, the Agrimax Procrop for sprayers, the Ridemax Frost for winter conditions, and the Agrimax Spargo SB for row crops. These tires were engineered with Very High Flexion (VF) technology and reinforced steel-belted structures to handle heavier loads at reduced inflation pressures. The company emphasized that these solutions were developed to enhance operational efficiency, stability, and soil preservation across a wide range of modern farming applications.
• In September 2024, Michelin announced a strategic collaboration with New Holland to equip the manufacturer's latest CR11 combine harvester with a specialized tire solution. As part of this partnership, Michelin launched the Cerexbib 2 in sizes VF900/65R46 CFO and VF 800/70 R46 CFO. These tires incorporated the company’s Ultraflex Technology, allowing them to support an exceptional load capacity of up to 19 metric tons per tire while maintaining low ground pressure. This development addressed the technical challenges posed by the harvester’s increased weight and width, ensuring the machinery could operate efficiently while complying with strict road transport regulations.
• In August 2024, Firestone Ag, a division of Bridgestone Americas, released a new line of premium tractor tires for the North American market, including the VX-TRACTOR, VT-TRACTOR, and VX-R TRACTOR models. These tires were developed with a specialized triple-defense rubber compound designed to resist wear and protect against stubble damage in demanding farming environments. The products featured a patented involute lug design that maximized traction while minimizing soil disturbance. The Manager of Global Field Engineering at Firestone Ag stated that field trials demonstrated a substantial improvement in wear life, ensuring long-term durability for agricultural operations.
• In May 2024, Nokian Tyres introduced the Soil King Flexforce VF tire range designed specifically for high-horsepower tractors. This new product utilized the company’s proprietary Flexforce VF technology, which was engineered to create an extra-large ground contact area to minimize power loss and soil compaction. Independent testing conducted by the German Agricultural Society (DLG) confirmed that these tires significantly reduced fuel consumption and wheel slip during both field operations and road transport compared to competitor offerings. The launch aimed to provide farmers with a solution that combined the strength required for heavy machinery with the flexibility needed for efficient soil protection.

Key Market Players

• Bridgestone Corporation
• COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN
• Continental AG
• Balkrishna Industries Ltd
• Titan International Inc.
• Trelleborg AB
• The Yokohama Rubber Co., Ltd
• Nokian Tyres plc
• Apollo Tyres Ltd.
• Prometeon Tyre Group S.r.l.
• CEAT Ltd.

By Application Type	By Sales Channel	By Tire Type	By Region
Tractors Combine Harvester Sprayers Trailers Loaders Others	OEM Aftermarket	Bias Type Radial Type	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Agricultural Tires Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Agricultural Tires Market, By Application Type:

• Tractors
• Combine Harvester
• Sprayers
• Trailers
• Loaders
• Others

• Agricultural Tires Market, By Sales Channel:

• OEM
• Aftermarket

• Agricultural Tires Market, By Tire Type:

• Bias Type
• Radial Type

• Agricultural Tires Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE