NEWSLETTER

OTR & TBR Tyre Market Outlook – Growth, Demand & Yokohama’s Next Move

A sharp focus on a pile of fine carbon black powder and a transparent thin film on a dark lab bench, with blurred laboratory glassware in the background.

Yokohama Expands OTR & TBR Tyre Capacity in India Amid Rising Global Demand

Yokohama Rubber Co. Ltd. has announced a significant expansion of its Off-the-Road (OTR) and Truck & Bus Radial (TBR) tyre production at its Bahadurgarh plant in Haryana, India. The move reflects growing demand in infrastructure, construction, and mining sectors globally, as well as rising requirements for high-performance tyres in logistics and transport.

Yokohama’s Strategic Expansion in India

The Bahadurgarh facility, which already serves as one of Yokohama’s key global production hubs, will see a **40% increase in TBR and OTR output capacity** by 2026. According to company officials, the expansion is designed to strengthen supply stability and meet demand in both domestic and export markets, particularly Southeast Asia, the Middle East, and Africa.

This aligns with Yokohama’s global growth strategy, which prioritizes investment in emerging markets and strengthening supply chains for heavy-duty tyres.

Market Outlook: Global OTR Tyre Industry Growth

The timing of Yokohama’s expansion comes as the **global OTR tyre market is projected to grow at a 4.9% CAGR through 2029**, fueled by:

  • Infrastructure investment: Large-scale construction projects and urban expansion worldwide.
  • Mining activity: Increased demand for raw materials driving need for heavy-duty tyres.
  • Digital fleet integration: Adoption of smart tyres and telematics for improved safety and efficiency.

As global demand rises, manufacturers like Yokohama are positioning themselves to balance capacity, innovation, and sustainability.

What This Means for the Industry

Yokohama’s expansion highlights the competitive landscape of the tyre sector, where capacity growth is essential to keeping pace with infrastructure and mobility trends. For fleet operators, miners, and construction companies, the move could provide better availability of high-quality tyres while also stabilizing costs in the long term.

Reference

  • European Rubber Journal: Yokohama Rubber to boost tyre capacity in India
  • Global Market Insights: OTR Tyre Market Report 2025–2029
Share