Europe OTR Tire Market By Vehicle Type (Mining, Construction & Industrial Equipment; Agriculture Vehicles; and Others), By Country, Competition Forecast and Opportunities, 2022

Europe & CIS OTR tire market stood at $ 2.85 billion in 2016, and is projected to exhibit a CAGR of 6.87%, in value terms, to reach $ 4.21 billion by 2022, on account of increasing use of equipment in agriculture and industrial sectors. United Kingdom and Turkey are the largest markets for OTR tires across Europe & CIS region, on account of growing construction and agricultural activities coupled with increasing sales of OTR vehicles.

Years considered for this report:

Historical Years: 2012 – 2015

Base Year: 2016

Estimated Year: 2017

Forecast Period: 2017 – 2022

Objective of the Study:

• To assess the demand-supply scenario of Europe & CIS OTR tire market, which covers production, imports, exports, demand, supply, and net inventory status
• To analyze and forecast the market size of Europe & CIS OTR tire market, in terms of value as well as volume
• To classify and forecast Europe & CIS OTR tire market based on vehicle type, demand category and regional distribution
• To identify drivers and challenges for Europe & CIS OTR tire market
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Europe & CIS OTR tire market
• To conduct the pricing analysis for Europe & CIS OTR tire market
• To identify and analyze the profile of leading players involved in manufacturing of OTR tire in Europe & CIS region

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Some of the major players operating in Europe & CIS OTR Tire Market are Continental Aktiengesellschaft, Compagnie Générale des Établissements Michelin, Bridgestone Corporation, The Yokohama Rubber Co., Ltd, Sumitomo Rubber Industries, Ltd, Toyo Tire & Rubber Company, Hangzhou Zhongce Rubber Co. Ltd., Triangle Tyre Co. Ltd, CEAT Limited, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading OTR tire manufacturers across Europe & CIS region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were asked about their competitors. Through this technique, TechSci Research was able to include manufacturers which could not be identified due to limitations of secondary research. TechSci Research analyzed product offerings, distribution network, and country-wise presence of major OTR tire manufacturers across Europe & CIS region.

TechSci Research calculated the market size for Europe & CIS OTR market using a bottom-up approach, where manufacturers’ volume sales data for various applications were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary source directories, and databases such as European Tyre and Rubber Manufacturers Association (ETRMA), Society of Motor Manufacturers and Traders of UK (SMMT), company websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

• Dealers/ Distributors of OTR tires
• Raw material suppliers
• End users of OTR tires
• Research organizations and consulting companies
• Associations, organizations, forums and alliances related to OTR Tire
• Original Equipment Manufacturers (OEMs)
• Industry associations
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as OTR tire manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target growing segments over the coming years (next two to five years), thereby aiding stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Europe & CIS OTR tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Vehicle Type:
• Agriculture Equipment
• Industrial Equipment
• ATVs
• Others
• Market, by Demand Category:
• OEM
• Replacement
• Market, by Country:
• Turkey
• Russia
• United Kingdom
• Germany
• Ukraine
• Italy
• France
• Poland
• Hungary

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Europe & CIS OTR Tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. Following customization options are available for the report:

Raw Material Analysis

• Detailed list of different raw materials used in production of OTR tires, list of existing suppliers of raw materials, pricing analysis of raw materials, analysis of difference between imported and domestically procured raw materials.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.