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Farm tires are a sub-segment of specialty tires that are used by farm vehicles and machinery. Farm tires are used on a variety of farm machinery including sprayers, tractors, trailers, and harvesters. Â Choosing the right farm tire depends on numerous different factors. The size of the tractor tire, soil compaction, fuel economy, traction requirements, and weight of the equipment is to be considered before purchasing farm tires. The farm tire market is divided into two segments namely, replacement farm tires and original equipment (OE) farm tires. These segments are further subdivided into radial and bias tires. A radial tire has the plies running perpendicular to the bead and the ground. A bias tire consists of numerous rubber plies overlapping each other. Radial tires can absorb shocks, impacts, and bumps due to their superior strength and flexibility as compared to bias tires. Bias tires are unable to absorb bumps on the ground due to stiffness and the impact and shaking are felt by the machine and driver. Bias tires do not make as much contact with the ground as a radial tire which leads to more ground damage and loss of engine power transmission.
COVID-19 Impact Analysis
Top impacting Factors
Technological advancements in agricultural equipment, increase in the sales of agricultural vehicles, and development of low-pressure tires drive the growth of the market.
Changes in agriculture machinery design and increase in penetration into newer unknown terrain hinder the growth of the market.
Government offering attractive subsidies act as an opportunity for the market investments.
The Global Agricultural Tires Market Trends are as follows:
Increase in Farm Mechanization
Development of Low-Pressure Tires
Key Benefits of the Report:
Questions Answered in the Global Agricultural Tires Market Research Report:
Agricultural Tires Market Report Highlights
Aspects | Details |
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By Sales Channel Type |
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By Application Type |
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By Tire Type |
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By Region |
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Key Market Players | Belshina, Michelin, MRF, Goodyear, Continental, Cheng-Shin Rubber, China National Tire & Rubber, Eurotire., Yokohama Tire, Bridgestone |
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