1 Large Sizes OTR Tires Market Drivers Analysis
The growing mining industry is the major driving force for the large sizes OTR tires market. The mining industry relies heavily on a variety of heavy machinery and equipment, such as trailers, loaders, excavators, and drill rigs, which all require large sizes OTR tires. Mining operations, including coal, metal and mineral extraction, require strong, durable and high-capacity tires that can withstand harsh and abrasive terrain. As consumables for trailers, loaders, excavators and other vehicles, the market demand for large sizes OTR tires is closely related to the development of the international mining industry.
2 Large Sizes OTR Tires Market Chain Analysis
Large sizes OTR tires’ upstream industrial chain includes natural rubber, synthetic rubber, carbon black and other raw material providers.
Table Key Raw Materials Suppliers
Raw Material | Suppliers | Contact Information |
Natural Rubber | Web: www.sinochem.com Tel: 86-10-59568888 Add: 11/F, Central Tower, Chemsunny World Trade Center, 28 Fuxingmennei Street, Xicheng District, Beijing, 100031 | |
Sri Trang Agro-Industry Public Company Ltd | Tel: 0-7434-4663 Add: 10 Soi 10, Phetkasem Road, Hatyai, Songkhla 90110, Thailand | |
Halcyon Agri | Web: www.halcyonagri.com Tel: +65 6460 0200 Add: 180 Clemenceau Avenue #05-02, Haw Par Centre, Singapore 239922 | |
Sinopec | Web: www.sinopec.com Tel: 8610-59960114 Add: No. 22, Chaoyangmen North Street, Chaoyang District, Beijing, China | |
DuPont | Web: www.dupont.com Tel: 1-302-774-1000 Add: 974 Centre Road Building 730 Wilmington, DE 19805 United States | |
LG Chemicals | Web: www.lgchem.com Tel: 82-2-3773-1114 Add: LG Twin Towers,128, Yeoui-daero, Yeongdeungpo-gu, Seoul, South Korea | |
BASF SE | Web: www.basf.com Tel: 49-621-60-0 Add: Carl-Bosch-Strasse 38 Ludwigshafen, 67056 Germany | |
Dow Inc | Web: www.dow.com Tel: 1-989-636-1000 Add: 3322 HH Dow Way Midland, MI 48674 United States | |
SABIC | Web: www.sabic.com Tel: 966-1-225-8000 Add: PO Box 5101, Riyadh 11422, Saudi Arabia |
Major downstream buyers in the large sizes OTR tires market include BelAZ, Caterpillar, Komatsu, Volvo, Hitachi, and Sandvik.
Table Downstream Buyers
Buyers | Contact Information |
BelAZ | Web: www.belaz.by Tel: +375 1775 2 74 74 Add: 40 let Octyabrya str. 4, 222161, Zhodino, Minsk region, Republic of Belarus |
Caterpillar | Web: www.caterpillar.com Tel: +1 (309) 675-2337 Add: 100 NE Adams St, Peoria, IL, 61629 |
Komatsu | Web: www.komatsu.com Tel: 81-3-5561-4711 Add: 2-3-6, Akasaka, Minato-ku, Tokyo, 107-8414, Japan |
Volvo | Web: www.volvocars.com Tel: +46 31 660000 Add: SE-405 08 Gothenburg, Sweden |
Hitachi | Web: www.hitachi.com Tel: 81-3-3258-1111 Add: 1-6-6 Marunochi Chiyoda-Ku, 100-8280 Japan |
Sandvik | Web: www.home.sandvik Tel: +46 8 456 11 00 Add: Kungsbron 1, Sektion D, plan 5, 111 22 Stockholm, Sweden |
3 Large Sizes OTR Tires Market Size Analysis by Different Types
For the 49 inch<Rim Diameter≤55 inch large sizes OTR tires, the revenue is expected to grow from 1311.04 million USD in 2020 to 2038.68 million USD in 2025, despite a slight dip in 2022. The 55 inch<Rim Diameter≤60 inch category shows a steady increase, starting at 1077.54 million USD in 2020 and reaching an estimated 1689.95 million USD by 2025. Tires with a rim diameter greater than 60 inches also demonstrate growth, with revenue projected to rise from 306.15 million USD in 2020 to 477.76 million USD in 2025. The total revenue for large sizes OTR tires market is anticipated to increase from 2694.73 million USD in 2020 to 4206.39 million USD in 2025. This growth is likely driven by the increasing need for heavy-duty tires in various industries, including construction, mining, and agriculture, where OTR tires are essential for operations.
Table Global Large Sizes OTR Tires Revenue (M USD) by Type (2020-2025)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
49 inch<Rim Diameter≤55 inch | 1311.04 | 1406.04 | 1357.79 | 1559.46 | 1843.95 | 2038.68 |
55 inch<Rim Diameter≤60 inch | 1077.54 | 1157.67 | 1119.55 | 1288.12 | 1525.82 | 1689.95 |
Rim Diameter>60 inch | 306.15 | 328.49 | 317.74 | 365.11 | 431.92 | 477.76 |
Total | 2694.73 | 2892.20 | 2795.08 | 3212.69 | 3801.69 | 4206.39 |
The market share for 49 inch<Rim Diameter≤55 inch tires is projected to be the largest segment in 2025, accounting for 48.50% of the total market share for Global Large Sizes Off-The-Road (OTR) Tires. This significant portion indicates that this size range is particularly popular and likely to be in high demand across various industries that require OTR tires, such as construction, mining, and agriculture.
Figure Global Large Sizes OTR Tires Revenue Market Share of 49 inch<Rim Diameter≤55 inch in 2025
4 Large Sizes OTR Tires Market Size by Different Applications
The global large sizes OTR tires market consumption is segmented across three key application sectors: Construction, Mining, and Agricultural. In the Construction sector, there is a moderate fluctuation with a slight decrease in 2022 to 45.1 K Units, followed by a steady increase to an estimated 60.0 K Units in 2025. The Mining sector shows a more pronounced growth trend, starting at 114.8 K Units in 2020 and projected to rise to 147.1 K Units by 2025, with a notable increase in 2023 and 2024. The Agricultural sector, while the smallest in terms of consumption, also exhibits a gradual increase from 5.45 K Units in 2020 to 7.09 K Units in 2025.
Table Global Large Sizes OTR Tires Consumption (K Units) by Application (2020-2025)
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
Construction | 47.6 | 49.3 | 45.1 | 52.6 | 56.9 | 60.0 |
Mining | 114.8 | 119.2 | 109.5 | 128.2 | 139.2 | 147.1 |
Agricultural | 5.45 | 5.68 | 5.23 | 6.15 | 6.69 | 7.09 |
Total | 167.9 | 174.2 | 159.9 | 187.0 | 202.8 | 214.2 |
In the Construction sector, the consumption is projected to increase from 60.0 K Units in 2025 to 92.47 K Units in 2035, reflecting a growing demand possibly due to infrastructure development and construction activities. The Mining sector, which is the largest consumer of OTR tires, is expected to see a significant rise from 147.1 K Units in 2025 to 247.17 K Units in 2035. This substantial growth could be attributed to the expansion of mining operations worldwide and the increased need for heavy-duty tires in this sector.
The Agricultural sector, although the smallest in terms of consumption, also shows a consistent increase from 7.09 K Units in 2025 to 12.80 K Units in 2035, indicating a growing reliance on OTR tires in agricultural machinery and possibly the adoption of more advanced farming technologies.
The total consumption of OTR tires is anticipated to grow from 214.2 K Units in 2025 to 352.44 K Units in 2035, suggesting a thriving market for these tires. The consistent growth across all sectors points to a positive outlook for the OTR tire industry, driven by the increasing need for heavy-duty tires in various industries. This forecast highlights the importance of OTR tires in supporting the operations of key sectors and anticipates continued demand growth in the coming years.
Table Global Large Sizes OTR Tires Consumption (K Units) Forecast by Application (2025-2035)
2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
Construction | 60.0 | 62.7 | 65.7 | 68.5 | 71.6 | 75.1 |
Mining | 147.1 | 154.4 | 162.5 | 170.0 | 178.2 | 187.4 |
Agricultural | 7.09 | 7.46 | 7.87 | 8.28 | 8.70 | 9.17 |
Total | 214.2 | 224.5 | 236.1 | 246.8 | 258.5 | 271.6 |
2031 | 2032 | 2033 | 2034 | 2035 | |
Construction | 78.33 | 81.68 | 85.15 | 88.75 | 92.47 |
Mining | 198.67 | 210.26 | 222.19 | 234.49 | 247.17 |
Agricultural | 9.83 | 10.52 | 11.24 | 12.00 | 12.80 |
Total | 286.83 | 302.46 | 318.58 | 335.24 | 352.44 |
5 Large Sizes OTR Tires Market Size by Different Regions (2020-2025)
The United States large sizes OTR tires market is projected to be the leading market, with revenue increasing from 768.03 M USD in 2020 to 1157.49 M USD in 2025, indicating a strong demand for OTR tires. Europe follows, with a steady growth from 598.25 M USD in 2020 to 947.38 M USD in 2025, reflecting a robust market in the region. China also shows significant growth, with revenue expected to rise from 243.77 M USD in 2020 to 432.47 M USD in 2025, highlighting the country’s expanding industrial and construction sectors. Japan, while contributing a smaller share, is projected to see a gradual increase from 12.92 M USD in 2020 to 24.82 M USD in 2025.
Table Global Large Sizes OTR Tires Revenue (M USD), Region Wise (2020-2025)
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
United States | 768.03 | 818.94 | 783.67 | 906.37 | 1063.68 | 1157.49 |
Europe | 598.25 | 644.23 | 623.91 | 718.81 | 853.29 | 947.38 |
China | 243.77 | 264.36 | 260.17 | 304.53 | 366.97 | 432.47 |
Japan | 12.92 | 14.45 | 14.81 | 17.67 | 21.67 | 24.82 |
Others | 194.92 | 207.27 | 198.85 | 226.27 | 265.41 | 288.15 |
Total | 2694.73 | 2892.20 | 2795.08 | 3212.69 | 3801.69 | 4206.39 |
6 Large Sizes OTR Tires Market Share Analysis of Major Players
The top three players in the large sizes OTR tires Industry for the year 2025 are Michelin, Bridgestone, and Goodyear. Michelin emerges as the market leader with the largest share at 37.28%, indicating its strong presence and influence in the OTR tire sector. Bridgestone follows closely with a substantial market share of 34.54%, showcasing its competitive position. Goodyear, while holding a smaller share at 10.17%, still plays a significant role in the market. The remaining 18.01% is attributed to other companies, suggesting that while the top three have a significant hold, there is still a considerable market presence of other players. This distribution underscores the concentration of market share among the leading companies, which could be due to their advanced technology, broad product offerings, and established brand reputations.
Figure Large Sizes OTR Tires Revenue Market Share by Top 3 Players in 2025
