Global OTR Tyre Market Set for Strong Growth Through 2030
The global Off-The-Road (OTR) tyre industry is forecast to experience strong and sustained growth, supported by rising investments in construction, mining, agriculture, and large infrastructure projects across key markets worldwide.
Market Highlights
- Expanding market size: The global OTR tyre market is projected to grow from USD 26.17 billion in 2025 to USD 32.81 billion by 2030.
- Infrastructure push: Government-led spending on roads, mega construction projects, and commercial development is increasing demand for heavy machinery, directly driving OTR tyre consumption.
- Mining momentum: Surface mining activities remain a major contributor to global OTR tyre demand, especially in Asia-Pacific, Australia, and Latin America.
- Agriculture mechanisation: Growing adoption of tractors, harvesters, and modern farming equipment continues to support steady demand in the agricultural OTR segment.
Industry Outlook
Market analysts expect this upward trend to continue as global economies prioritize infrastructure renewal, green energy projects, and industrial expansion. The combined demand from construction, mining, and agriculture positions the OTR tyre sector as one of the strongest-growing segments in the global tyre industry.