Global Infrastructure and Mining Investments Continue to Drive OTR Tyre Demand
Global demand for Off-The-Road (OTR) tyres continues to strengthen, supported by rising investment in large-scale infrastructure and mining projects across key markets. Analysts project sustained demand for heavy machinery and equipment, directly contributing to growth in the OTR tyre segment.
Market Highlights
- Infrastructure expansion: Governments worldwide are accelerating road development, transportation upgrades, and industrial construction, increasing the requirement for earthmoving and construction equipment.
- Mining sector growth: Surface mining activities are increasing in regions such as Asia-Pacific, Australia, and South America, creating steady demand for heavy-duty OTR tyres.
- Global development projects: Investments in renewable energy sites, mega industrial zones, and smart-city construction continue to support equipment utilisation rates.
- Fleet replacement cycles: Rising operational hours in mining and construction fleets are leading to higher replacement demand in the aftermarket OTR tyre segment.
Industry Outlook
Analysts expect this momentum to continue through 2030 as global infrastructure expansion and mineral demand remain strong. These sectors are expected to stay core drivers of long-term growth in the OTR tyre market.