By Type (Winter tires, Summer tires, All season tires and others), By Rim Size (<25’’, 29’’-49’’, 51’’-63’’) By Application (Construction, Mining and Others), By Region (North America, Europe, APAC and Rest of the World)
Cross Country Tires Market revenue shall reach value of $XX.X Billion in 2031, growing with a CAGR of X.X% during the forecast period of 2022 to 2031. In terms of volume sales, the market is anticipated to reach XX Units.
Cross country tires market is anticipated to grow dynamically throughout the forecast owing to the high demand of these tires from agricultural sector. Increasing population and high demand of these tires in tractors and other agricultural vehicles are the major driving factors of the cross country tires market growth. Owing to the adoption of the modern agricultural techniques, the demand for highly strong tires has increased greatly. Further, cross country tires are majorly used in cranes, steer loaders, graders, dump trucks and construction &industrial vehicles. They have capability to carry massive loads without sinking in. Other prominent end-use industries of cross country tires are construction, mining and heavy equipment vehicles.
Cross country tires market sales has experienced a commendable boost by the developing regions of Asia Pacific such as India and China. These developing countries along with Mexico and Brazil are investing significantly in construction industries and thus require a large number of construction vehicles. This ultimately results in high demand of cross country tires. According to a recent cross country tire market report, China has invested about 9 billion dollar in construction activities under a project named “Belt and Road Initiative” in the year 2017 in collaboration with 16 other countries. With the increasing development of intercontinental routes in order to improve intercontinental trading relationships, the cross country tires business revenue is expected to increase rapidly.
REGIONAL ANALYSIS
North America is emerging as the dominant region in contributing for the cross country tires market growth. This region is anticipated to dominate the cross country tires market in terms of revenue throughout the forecast period. Major factor driving the market shares in this region are the rapid infrastructural development, increasing adoption of green vehicles, presence of large number of industry players and presence of state-of-the-art technology. Asia Pacific region is anticipated to contribute sufficiently for the market growth in the coming years owing to the increasing demand of cross country tires in agriculture and construction equipment. Increase in geriatric population and increasing disposable incomes of the consumers in the developing countries such as China and India, the Asia Pacific region will garner significant revenue during the forecast period.
SEGMENT ANALYSIS
Cross country tires market has been segmented by type and application. By application, the segmentation has been done as winter tires, summer tires, all season tires and others. By application, the cross country tires has been segmented as construction, mining and others. Based on rim size, the market has been split into < 25’’, 51’’-63’’ and one other segment. The les than 25” segmented has emerged as the dominant segment over last few years and is anticipated to continue the same trend during the forecast period. Further, the increasing demand for giant cross country tires (51’’-63’’) tires is expected to rise owing to the initiation of large construction and mining projects.
CROSS COUNTRY TIRES COMPANIES:
Bridgestone, Goodyear, Michelin, Pirelli, Maxxis, Kumho tire, Cooper tire, Zhongce, Hankook, Continental, Nexen Tire, Appolo tires Limited, Hengfeng Rubber, Nokian tires, GITI tire, Sumitomo and Toyo tire are major industry players investing dynamically in the cross country tires market. Further, new notable increase in the industry revenue reflects the impact of new strategies adopted by these industry players to expand their business across the globe.
COVERAGE HIGHLIGHTS
SEGMENTAL ANALYSIS
By Type Outlook ($Revenue and Unit Sales, 2022-2031)
By Rim Size Outlook ($Revenue and Unit Sales, 2022-2031)
By Application Outlook ($Revenue and Unit Sales, 2022-2031)
By Regional Outlook ($Revenue and Unit Sales, 2022-2031)
Asia-Pacific
CROSS COUNTRY TIRES COMPANIES:
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CHAPTER 1: INTRODUCTION
1.1. Research Methodology
1.1.1. Desk Research
1.1.2. Data Synthesis
1.1.3. Data Validation & Market Feedback
1.1.4. Data Sources
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Global Market Outlook
2.2. Core Insights - Type
2.3. Core Insights – Rim Size
2.4. Core Insights – Geography
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Forces Shaping the Industry
3.2.1. Bargaining Power of Suppliers
3.2.2. Bargaining Power of Buyers
3.2.3. Threat of Substitutes
3.2.4. Threat of New Entrants
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Supply-side Drivers
3.3.1.2. Demand-side Drivers
3.3.2. Restraints
3.3.3. Opportunities
3.4. Industry Landscape - PESTEL Analysis
3.4.1. Political Landscape
3.4.2. Environmental Landscape
3.4.3. Social Landscape
3.4.4. Technology Landscape
3.4.5. Economic Landscape
CHAPTER 4: MARKET BACKGROUND
4.1. Industry Value Chain Analysis
4.1.1. Upstream Participants
4.1.2. Downstream participants
4.2. Pricing Analysis and Forecast, 2018-2026
4.2.1. By Type
4.2.2. By Region
CHAPTER 5: GLOBAL CROSS COUNTRY TIRES MARKET, BY TYPE
5.1. Overview
5.1.1. Market Volume and Forecast, 2018-2026
5.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026
5.2. Winter Tires
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Volume and Forecast, By Region
5.2.3. Market Revenue (US$ Million) and Forecast, By Region
5.3. Summer Tires
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Volume and Forecast, By Region
5.3.3. Market Revenue (US$ Million) and Forecast, By Region
5.4. All Season Tires
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Volume and Forecast, By Region
5.4.3. Market Revenue (US$ Million) and Forecast, By Region
5.5. Others
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Volume and Forecast, By Region
5.5.3. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 6: GLOBAL CROSS COUNTRY TIRES MARKET, BY RIM SIZE
6.1. Overview
6.1.1. Market Volume and Forecast, 2018-2026
6.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026
6.2. <25’’
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Volume and Forecast, By Region
6.2.3. Market Revenue (US$ Million) and Forecast, By Region
6.3. 29’’-49’’
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Volume and Forecast, By Region
6.3.3. Market Revenue (US$ Million) and Forecast, By Region
6.4. 51’’-63’’
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Volume and Forecast, By Region
6.4.3. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 7: GLOBAL CROSS COUNTRY TIRES MARKET, BY APPLICATION
7.1. Overview
7.1.1. Market Volume and Forecast, 2018-2026
7.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026
7.2. Construction
7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Volume and Forecast, By Region
7.2.3. Market Revenue (US$ Million) and Forecast, By Region
7.3. Mining
7.3.1. Key Market Trends, Growth Factors and Opportunities
7.3.2. Market Volume and Forecast, By Region
7.3.3. Market Revenue (US$ Million) and Forecast, By Region
7.4. Others
7.4.1. Key Market Trends, Growth Factors and Opportunities
7.4.2. Market Volume and Forecast, By Region
7.4.3. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 8: GLOBAL CROSS COUNTRY TIRES MARKET, BY GEOGRAPHY
8.1. Overview
8.2. North America
8.2.1. Key Market Trends, Growth Factors and Opportunities
8.2.2. Market Volume and Forecast, By Type
8.2.3. Market Volume and Forecast, By Rim Size
8.2.4. Market Volume and Forecast, By Application
8.2.5. Market Revenue and Forecast, By Type
8.2.6. Market Revenue and Forecast, By Rim Size
8.2.7. Market Revenue and Forecast, By Application
8.2.8. Market Revenue and Forecast, By Country
8.2.9. U.S.
8.2.9.1. Market Volume and Forecast
8.2.9.2. Market Revenue and Forecast
8.2.10. Canada
8.2.10.1. Market Volume and Forecast
8.2.10.2. Market Revenue and Forecast
8.2.11. Mexico
8.2.11.1. Market Volume and Forecast
8.2.11.2. Market Revenue and Forecast
8.3. Europe
8.3.1. Market Volume and Forecast, By Type
8.3.2. Market Volume and Forecast, By Rim Size
8.3.3. Market Volume and Forecast, By Application
8.3.4. Market Revenue and Forecast, By Type
8.3.5. Market Revenue and Forecast, By Rim Size
8.3.6. Market Revenue and Forecast, By Application
8.3.7. Market Revenue and Forecast, By Country
8.3.8. Germany
8.3.8.1. Market Volume and Forecast, By Type
8.3.8.2. Market Revenue and Forecast, By Rim Size
8.3.9. UK
8.3.9.1. Market Volume and Forecast, By Type
8.3.9.2. Market Revenue and Forecast, By Rim Size
8.3.10. France
8.3.10.1. Market Volume and Forecast, By Type
8.3.10.2. Market Revenue and Forecast, By Rim Size
8.3.11. Italy
8.3.11.1. Market Volume and Forecast, By Type
8.3.11.2. Market Revenue and Forecast, By Rim Size
8.3.11.3. Rest of Europe
8.3.11.4. Market Volume and Forecast, By Type
8.3.11.5. Market Revenue and Forecast, By Rim Size
8.4. Asia-Pacific
8.4.1. Market Volume and Forecast, By Type
8.4.2. Market Volume and Forecast, By Rim Size
8.4.3. Market Volume and Forecast, By Application
8.4.4. Market Revenue and Forecast, By Type
8.4.5. Market Revenue and Forecast, By Rim Size
8.4.6. Market Revenue and Forecast, By Application
8.4.7. Market Revenue and Forecast, By Country
8.4.8. China
8.4.8.1. Market Volume and Forecast, By Type
8.4.8.2. Market Revenue and Forecast, By Rim Size
8.4.9. India
8.4.9.1. Market Volume and Forecast, By Type
8.4.9.2. Market Revenue and Forecast, By Rim Size
8.4.10. Japan
8.4.10.1. Market Volume and Forecast, By Type
8.4.10.2. Market Revenue and Forecast, By Rim Size
8.4.11. South Korea
8.4.11.1. Market Volume and Forecast, By Type
8.4.11.2. Market Revenue and Forecast, By Rim Size
8.4.12. Rest of Asia-Pacific
8.4.12.1. Market Volume and Forecast, By Type
8.4.12.2. Market Revenue and Forecast, By Rim Size
8.5. REST OF THE WORLD
8.5.1. Market Volume and Forecast, By Type
8.5.2. Market Volume and Forecast, By Rim Size
8.5.3. Market Volume and Forecast, By Application
8.5.4. Market Revenue and Forecast, By Type
8.5.5. Market Revenue and Forecast, By Rim Size
8.5.6. Market Revenue and Forecast, By Application
8.5.7. Market Revenue and Forecast, By Country
8.5.8. Latin America
8.5.8.1. Market Volume and Forecast, By Type
8.5.8.2. Market Revenue and Forecast, By Rim Size
8.5.9. Middle East
8.5.9.1. Market Volume and Forecast, By Type
8.5.9.2. Market Revenue and Forecast, By Rim Size
8.5.10. Africa
8.5.10.1. Market Volume and Forecast, By Type
8.5.10.2. Market Revenue and Forecast, By Rim Size
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Cross Country Tires Market Share Analysis, 2018
CHAPTER 10: COMPANY PROFILES
10.1. Bridgestone
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. SWOT Analysis
10.2. Goodyear
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. SWOT Analysis
10.3. Michelin
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. SWOT Analysis
10.4. Pirelli
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. SWOT Analysis
10.5. Maxxis
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. SWOT Analysis
10.6. Kumho tire
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. SWOT Analysis
10.7. Cooper tire
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. SWOT Analysis
10.8. Zhongce
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. SWOT Analysis
10.9. Hankook
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. SWOT Analysis
10.10. Continental
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. SWOT Analysis
10.11. Nexen Tire
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. SWOT Analysis
10.12. Appolo tires Limited
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. SWOT Analysis
10.13. Hengfeng Rubber
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. SWOT Analysis
10.14. Nokian tires
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. SWOT Analysis
10.15. GITI tire
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. SWOT Analysis
10.16. Sumitomo
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. SWOT Analysis
10.17. Toyo tire
10.17.1. Company Overview
10.17.2. Financial Performance
10.17.3. SWOT Analysis
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