Global Agricultural Tires Market Size By Sales Channel Type, By Application Type, By Construction Type, By Geographic Scope And Forecast
Agricultural Tires Market Size And Forecast
Agricultural Tires Market was valued at USD 4.96 Billion in 2018 and is projected to reach USD 7.21 Billion by 2026, growing at a CAGR of 4.78 % from 2019 to 2026.
Global Agricultural Tires Market Overview
Growing demand for automation in farming activities to bridge the demand-supply gap of agricultural produce is likely to drive the market over the predicted years. Also, the rising adoption of advanced technologies in farming to meet the soaring food demand & increase the agricultural yield expects a boost to the market in the coming years. Additionally, increasing demand for heavy-duty tires with significant traction & efficiency along with higher load capacity & lower ground compaction is expected to fuel the market during the forecasted years. Growing penetration into newer unknown terrain requires tires with stronger rubber compounds. This will influence the market positively.
Global Agricultural Tires Market: Segmentation Analysis
The Global Agricultural Tires Market is segmented based on Sales Channel Type, Application Type, Construction Type, and Geography.
Key Players In Agricultural Tires Market
The Global Agricultural Tires Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are
- Carlisle Companies Incorp.
- Trelleborg Wheel Systems
- McCreary Tire & Rubber Co.
- CGS Tyres
- Michelin AG
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