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Italy Off-the-Road Tire Market

Italy Off-the-Road Tire Market By Type Segment (Radial, Bias, Solid); By Application Segment (Construction, Agriculture, Mining, Industrial, Port); By Tire Size Segment (Below 31 Inch, 31 – 40 Inch, 41 – 45 Inch, Above 45 Inch); By Material Segment (Rubber Compound, Reinforcing Material, Others); By Distribution Channel Segment (OEM, After Market) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $2699

Published: | Report ID: 89834 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
Italy Off the Road Tire market Size 2023 USD 504.73 million
Italy Off the Road Tire market, CAGR 3.2%
Italy Off the Road Tire market Size 2032 USD 670.67 million

Market Overview:

Italy Off the Road Tire market size was valued at USD 504.73 million in 2023 and is anticipated to reach USD 670.67 million by 2032, at a CAGR of 3.2% during the forecast period (2023-2032).

Key drivers of the OTR tire market in Italy include the expansion of infrastructure projects, increased agricultural mechanization, and the growth of the mining sector. The construction industry, with its heavy machinery requirements, significantly contributes to the demand for durable OTR tires. Similarly, advancements in agricultural practices necessitate specialized tires for modern farming equipment, further propelling market growth. Additionally, technological innovations in tire design and materials are enhancing performance and durability, making OTR tires more appealing to end-users. Furthermore, the Italian government’s investments in sustainable infrastructure and green technologies are creating new opportunities for OTR tire manufacturers, especially in sectors focusing on reducing environmental impact. As Italy works to modernize its infrastructure and strengthen its industrial capabilities, the demand for high-performance OTR tires will likely continue to rise.

Regionally, the North-West of Italy stands out as the largest OTR tire market. This area’s prominence is attributed to its high concentration of automotive companies, such as Fiat Chrysler in Turin, and a significant number of car owners, leading to increased demand for tires. The affluent population in this region further supports spending on vehicle maintenance and upgrades, including OTR tire replacements. Additionally, the region benefits from its proximity to major ports and manufacturing hubs, which facilitate the easy distribution of OTR tires to various sectors, including construction and mining. While other regions also contribute to the market, the North-West remains the focal point for OTR tire demand in Italy, providing a strong foundation for market growth.

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Market Insights:

  • The Italy OTR tire market was valued at USD 504.73 million in 2023 and is projected to reach USD 670.67 million by 2032, growing at a CAGR of 3.2%.
  • The Global OTR tire market was valued at USD 18,234 million in 2023 and is expected to grow to USD 27,097.46 million by 2032, at a CAGR of 4.5%.
  • Key drivers of market growth include the expansion of infrastructure projects, agricultural mechanization, and the growth of the mining sector.
  • Technological innovations in tire design and materials are improving tire performance, durability, and fuel efficiency.
  • The Italian government’s investment in sustainable infrastructure and green technologies is opening new opportunities for OTR tire manufacturers.
  • The North-West of Italy dominates the market due to its concentration of automotive companies, including Fiat Chrysler, and its proximity to manufacturing hubs.
  • Agricultural mechanization in Italy is increasing the demand for specialized OTR tires for modern farming equipment, such as tractors and harvesters.
  • Regional market share distribution includes Northern Italy with 45%, Central Italy at 25%, Southern Italy and the Islands at 20%, and Western Italy holding 10%.

Report scope

This report segments the Italy Off the Road Tire market as follow:

Italy Off the Road Tire market

Market Drivers:

Infrastructure Development and Construction Growth

One of the primary drivers for the growth of the Italy off-the-road (OTR) tire market is the ongoing expansion of infrastructure projects across the country. The construction sector in Italy, including roadways, bridges, and urban development, has seen substantial investments in recent years. These infrastructure initiatives have led to a significant rise in demand for heavy machinery used in construction, mining, and other large-scale industrial activities. These machines require specialized OTR tires designed to withstand rugged terrains and harsh operational conditions. For example, federal budgets and public-private partnerships are accelerating modernization efforts, leading to increased demand for new and improved OTR tires. The increased usage of construction equipment for both public and private infrastructure projects has, therefore, directly contributed to the rising demand for durable and high-performance OTR tires.

Agricultural Mechanization and Technological Advancements

Another key driver for the OTR tire market in Italy is the growth in agricultural mechanization. As Italian agriculture increasingly adopts modern farming equipment, the demand for specialized OTR tires tailored to heavy-duty agricultural vehicles continues to rise. Tractors, harvesters, and other farming machines require tires capable of performing efficiently on a variety of terrains, from smooth fields to rough, muddy surfaces. For instance, in Europe, tractors used are often above 250 HP, necessitating larger OTR tires to support the scale of operations. Furthermore, technological advancements in tire design and materials are significantly enhancing the performance of OTR tires, making them more durable, fuel-efficient, and capable of handling the diverse challenges posed by modern agricultural activities. As these innovations become more widespread, Italian farmers are more inclined to invest in high-quality OTR tires, fueling market growth.

Mining Industry Expansion

Italy’s mining sector is another contributing factor to the expansion of the OTR tire market. The mining industry requires heavy equipment for the extraction and transportation of raw materials, often in harsh and difficult environments. The need for robust OTR tires, which can perform reliably on rough and uneven mining surfaces, continues to rise as mining operations scale up in both traditional and emerging markets. As Italy works to strengthen its position as a key player in the European mining sector, the demand for specialized OTR tires capable of enduring the extreme conditions of mining environments is expected to grow further. This market driver, coupled with increased mining activities, ensures a consistent need for tires that provide maximum durability and performance.

Government Support and Sustainability Initiatives

The Italian government’s commitment to sustainability and green technologies is also playing a pivotal role in shaping the OTR tire market. With Italy striving to meet its environmental targets and reduce carbon emissions, there has been a growing emphasis on sustainable infrastructure and industrial operations. The adoption of eco-friendly OTR tires, which offer better fuel efficiency and lower environmental impact, aligns with Italy’s broader commitment to sustainability. As more industries, including construction, mining, and agriculture, adopt green technologies, the demand for OTR tires designed with environmentally conscious features is expected to increase. This trend not only supports the growth of the OTR tire market but also encourages innovation in the design and manufacturing of tires that meet both performance and environmental standards.

Market Trends:

Shift Towards High-Performance Tires

One of the prominent trends in the Italy off-the-road (OTR) tire market is the increasing demand for high-performance tires. As industries such as construction, mining, and agriculture rely more on heavy-duty machinery, the need for tires that offer enhanced durability, traction, and overall performance continues to grow. In particular, high-performance OTR tires that can withstand harsh environments, such as extreme temperatures and rough terrains, are becoming a priority for Italian businesses. Tire manufacturers are responding by developing more advanced compounds and tread patterns that improve both longevity and functionality, thus meeting the demanding requirements of industries that depend on heavy machinery.

Adoption of Smart Tire Technologies

Another emerging trend in Italy’s OTR tire market is the growing adoption of smart tire technologies. As industrial operations increasingly move towards automation and digitalization, there is a rising interest in integrating sensors and monitoring systems into OTR tires. These “smart” tires allow fleet operators to track tire pressure, temperature, and wear in real time, providing valuable insights that can help prevent premature tire failures and optimize tire lifespan. The integration of this technology not only improves the safety and efficiency of operations but also reduces maintenance costs for businesses. As this technology becomes more affordable and accessible, its adoption is expected to become widespread across Italy’s heavy machinery sectors.

Focus on Eco-Friendly and Sustainable Tires

Environmental sustainability continues to be a key trend within the Italy OTR tire market. There is growing pressure on companies to adopt environmentally friendly practices, and the tire industry is no exception. Manufacturers are focusing on developing tires that are made from more sustainable materials and that offer better fuel efficiency. This is driven by both regulatory pressures and the increasing demand from consumers and businesses for greener solutions. Eco-friendly OTR tires are designed to reduce carbon footprints and offer longer service life, which not only benefits the environment but also results in cost savings for end-users. For instance, Pirelli has introduced tires specifically designed for electric vehicles, which are engineered to be more fuel-efficient and environmentally friendly, aligning with regulatory and consumer demands for greener solutions. As Italy continues to prioritize green technologies, this trend is likely to accelerate in the coming years.

Regional Market Specialization

The Italy OTR tire market is also witnessing a trend toward regional specialization. Different regions of Italy have specific needs based on the predominant industries in those areas. For example, the North-West region, with its strong automotive and manufacturing base, exhibits a higher demand for OTR tires designed for construction and industrial machinery. On the other hand, regions in the South and Central Italy, which have a more significant agricultural presence, are seeing increased demand for tires suited for farming equipment. As manufacturers begin to recognize these regional needs, they are tailoring their products and services to meet the specific requirements of each market segment. This regional customization allows companies to offer more targeted solutions, ensuring the best performance for specific applications.

Market Challenges Analysis:

High Production and Raw Material Costs

One of the primary restraints facing the Italy off-the-road (OTR) tire market is the high cost of production and raw materials. The manufacturing of OTR tires requires specialized materials such as high-quality rubber compounds, steel, and advanced polymers. These raw materials are subject to price fluctuations due to global supply chain challenges, geopolitical factors, and changes in demand. The increased cost of raw materials directly impacts the overall price of OTR tires, making it difficult for manufacturers to maintain competitive pricing, particularly in price-sensitive sectors. This cost burden is often passed onto end-users, which could hinder the adoption of OTR tires in some industries, limiting market growth.

Regulatory Compliance and Environmental Standards

Another significant challenge for the OTR tire market in Italy is the need to comply with stringent environmental regulations. As environmental concerns continue to grow, there is an increasing demand for tires that are both durable and eco-friendly. However, meeting these environmental standards often requires significant investments in research and development, as well as changes to manufacturing processes. The shift towards eco-friendly tire materials and production methods can lead to higher production costs and longer lead times. For example, tire manufacturers are required to reduce rolling resistance and improve fuel efficiency to align with EU sustainability goals, pushing companies to innovate with new compounds and designs. Additionally, the evolving regulatory landscape surrounding tire disposal and recycling poses a challenge for manufacturers who must ensure that their products meet these ever-tightening regulations while maintaining cost-efficiency.

Market Competition and Price Sensitivity

The Italy OTR tire market is highly competitive, with numerous local and international players vying for market share. Intense competition leads to price sensitivity, which can further strain profit margins for manufacturers. Smaller and medium-sized players may find it difficult to compete with larger companies that have more resources and established distribution networks. This competition often forces manufacturers to lower prices to attract customers, which can impact the overall profitability of the market and inhibit innovation in the long run.

Market Opportunities:

A significant opportunity in the Italy off-the-road (OTR) tire market lies in the increasing demand for eco-friendly and sustainable tire solutions. As Italy places a stronger emphasis on environmental sustainability and meets stricter emission standards, industries such as construction, mining, and agriculture are seeking ways to reduce their environmental impact. This shift presents a valuable opportunity for tire manufacturers to develop and introduce tires made from renewable materials, with enhanced fuel efficiency and lower carbon footprints. Companies that focus on incorporating sustainable practices into their tire production will not only meet regulatory requirements but also appeal to environmentally conscious consumers and businesses looking to adopt greener alternatives.

Another promising opportunity in the Italian OTR tire market is the expansion of smart tire technologies. With the increasing integration of digital solutions in industrial operations, the demand for tires equipped with sensors and monitoring systems is on the rise. These “smart” tires provide real-time data on tire pressure, temperature, wear, and other critical factors that can enhance the safety and efficiency of heavy machinery. By incorporating these advanced technologies, tire manufacturers can offer more value-added products to their customers, improving operational productivity and reducing downtime. As Italian industries continue to modernize and embrace digital solutions, the demand for smart OTR tires is expected to increase, presenting a significant growth opportunity for manufacturers in this space.

Market Segmentation Analysis:

The Italy Off the Road (OTR) tire market is segmented based on type, application, tire size, material, and distribution channel. Each segment plays a critical role in catering to the diverse requirements across industries.

By type, radial tires dominate the market due to their superior performance, enhanced traction, and longer service life, making them ideal for heavy-duty applications. Bias tires, though less flexible, remain relevant in specific use cases that demand high load-bearing capacity. Solid tires, commonly used in industrial and port operations, offer high resistance to punctures and require minimal maintenance.

By application, the construction segment leads the market owing to extensive infrastructure development across Italy. Agricultural activities significantly contribute to the demand for OTR tires, driven by the growing use of tractors and harvesters. The mining segment utilizes heavy-duty tires for equipment operating in challenging environments. Additionally, the industrial and port sectors drive demand for durable and specialized tires to ensure continuous operations in logistics and material handling.

By tire size. Tires below 31 inches are widely used in compact machinery, while the 31-40-inch segment serves mid-sized equipment. The 41-45 inch and above 45 inch categories address the needs of large construction and mining machinery, where performance and durability are critical.

By material, rubber compounds constitute the primary base, ensuring flexibility and wear resistance. Reinforcing materials enhance tire strength, while other components support structural integrity.

By distribution channels, OEMs account for a significant share, though aftermarket sales are growing due to tire replacement needs.

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Segmentation:

By Type Segment

  • Radial
  • Bias
  • Solid

By Application Segment

  • Construction
  • Agriculture
  • Mining
  • Industrial
  • Port

By Tire Size Segment

  • Below 31 inch
  • 31 – 40 inch
  • 41 – 45 inch
  • Above 45 inch

By Material Segment

  • Rubber Compound
  • Reinforcing Material
  • Others

By Distribution Channel Segment

  • OEM
  • After Market

Regional Analysis:

The Italy Off the Road (OTR) tire market exhibits diverse growth patterns across various regions, influenced by local industrial activities, infrastructure development, and agricultural mechanization. The demand for OTR tires is concentrated in key regions, each contributing to the market’s overall expansion.

Northern Italy is the largest market for OTR tires, commanding a substantial share of the market. This region is home to the country’s industrial and manufacturing hubs, particularly in cities such as Milan and Turin. Northern Italy benefits from robust infrastructure projects, including road construction, rail networks, and urban development. Additionally, the region’s proximity to European markets and logistics centers further drives the demand for OTR tires used in construction and port operations. Northern Italy’s OTR tire market is estimated to hold approximately 45% of the total market share.

Central Italy, which includes regions like Tuscany and Lazio, sees moderate demand for OTR tires. This region’s key industry includes agriculture and construction, with a strong emphasis on both infrastructure development and agricultural mechanization. Although it does not match the scale of the northern region, Central Italy’s demand is steady, driven by agricultural machinery and construction equipment. Central Italy is projected to account for around 25% of the total market share.

Southern Italy and the Islands, including regions such as Sicily and Calabria, contribute a smaller yet notable portion to the market. The demand in these areas is primarily driven by agriculture and mining activities. Southern Italy faces more challenges in terms of infrastructure development compared to the north but benefits from a growing demand for specialized tires in the agricultural and mining sectors. This region holds approximately 20% of the market share.

Western Italy, particularly in regions like Liguria and parts of Lazio, sees increasing demand due to port activities and industrial operations. The region is home to several key logistics hubs, contributing to the need for durable tires for port and industrial machinery. Western Italy accounts for around 10% of the total market share.

Key Player Analysis:

  • The Goodyear Tire & Rubber Company
  • Carlisle (Meizhou) Rubber Products Co. Ltd
  • Titan International, Inc.
  • Maxam Tire
  • Bridgestone Corporation
  • Guizhou Tire Co. Ltd.
  • Linglong Tire
  • Pirelli
  • Prinx Chengshan (Shandong) Tire Co. Ltd
  • Double Coin Holdings
  • Mai Italia

Competitive Analysis:

The Italy Off the Road (OTR) tire market is characterized by the presence of several key players, both domestic and international, that offer a wide range of products to cater to diverse industrial and agricultural needs. Leading global tire manufacturers such as Michelin, Bridgestone, and Goodyear dominate the market, benefiting from their strong distribution networks, technological advancements, and broad product portfolios. These companies offer radial, bias, and solid tires, focusing on delivering high-performance solutions for construction, mining, agriculture, and industrial applications. In addition to global players, local manufacturers such as Pirelli also maintain a strong presence in the Italian market. They leverage their knowledge of local market requirements and cost-effective production strategies to compete with larger international brands. Competition is primarily driven by tire durability, performance under heavy-duty conditions, and innovations in tire materials and design, as well as after-sales services.

Recent Developments:

  • In March 2025, Linglong Tire announced its debut at Autopromotec 2025, one of Europe’s leading trade fairs for automotive equipment and aftermarket products, to be held in Bologna, Italy from May 21 to 24. At this event, Linglong Tire will unveil its new Dura Master Van e tyre, specifically designed for van applications, marking a significant product launch for the Italian and broader European market. In addition to the Dura Master Van e, Linglong will showcase its main brand, as well as its European market brands Crosswind and Leao Tire, including a range of off-the-road (OTR) tires produced at its European facility in Serbia.
  • In March 2024, Goodyear introduced the RL-5K OTR tire, a new product designed for heavy-duty loaders and wheel dozers. The RL-5K features a three-star load capacity rating, enhancing durability and performance for demanding operations such as mining and construction. This launch highlights Goodyear’s focus on advancing OTR tire technology with improved efficiency and operational performance, further strengthening its position in the off-the-road tire segment globally, including Italy.
  • In December 2023, JK Tyre & Industries, a leading player in the OTR tire segment, unveiled 11 new OTR tires at the CII EXCON event in Bengaluru. Among these, the JK Tyre 18.00-25 40PR Port Champion Plus is specifically designed for reach stackers, featuring deep treads and a heavy rubber center for enhanced durability and steering performance. This series of launches underlines JK Tyre’s commitment to innovation and productivity in the OTR sector, with products engineered to withstand challenging terrains and heavy-duty industrial applications, relevant for the Italian market as well.
  • In March 2025, Bridgestone Corporation introduced two new tires featuring its advanced ENLITEN technology—the Bridgestone R273 Ecopia for regional steer positions and the Duravis M705 for mixed fleet and last-mile delivery vehicles. These launches, unveiled at the Technology & Maintenance Council (TMC) Annual Meeting, highlight Bridgestone’s ongoing commitment to sustainability and performance improvements in commercial and off-road tire segments.

Market Concentration & Characteristics:

The Italy Off the Road (OTR) tire market exhibits a moderate to high concentration, dominated by several key global players. Companies such as Michelin, Bridgestone, Goodyear, and Pirelli hold a substantial share of the market due to their extensive product portfolios, technological advancements, and established distribution networks. These industry leaders invest heavily in research and development to innovate and improve tire performance, durability, and safety features, maintaining their competitive edge. The market is characterized by a mix of large multinational corporations and regional players. Regional manufacturers, such as BKT and Cheng Shin Tire, focus on cost-effective solutions tailored to specific market needs and local conditions. Competition is primarily driven by tire durability, performance under heavy-duty conditions, and innovations in tire materials and design, as well as after-sales services. Additionally, the market is witnessing a growing emphasis on sustainability and environmental responsibility. Tire manufacturers are increasingly focusing on developing eco-friendly tires that reduce rolling resistance, improve fuel efficiency, and minimize carbon emissions. This aligns with European Union regulations and global sustainability goals, catering to environmentally conscious consumers and contributing to a greener transportation ecosystem

Report Coverage:

The research report offers an in-depth analysis based on Type, Application, Tire Size, Material and Distribution Channel It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook:

  • The Italy Off the Road tire market is expected to grow steadily due to the continuous expansion of infrastructure projects.
  • Agricultural mechanization will drive demand for specialized tires, particularly in the northern and central regions.
  • Mining activities in Southern Italy and the islands will contribute to increased tire requirements for heavy-duty machinery.
  • Technological advancements in tire materials will enhance durability and performance under challenging conditions.
  • The shift toward eco-friendly solutions will lead to greater adoption of sustainable tire options.
  • Demand for solid tires will rise, especially in industrial and port applications, due to their low maintenance and high resistance to wear.
  • The growth of e-commerce will boost the aftermarket segment, with consumers opting for online tire purchases and services.
  • Rising fuel efficiency concerns will drive tire manufacturers to innovate on reducing rolling resistance and improving energy conservation.
  • Increased government support for green initiatives will prompt manufacturers to meet stricter environmental standards.
  • Regional tire production will be strengthened as local players capitalize on market-specific needs and cost advantages.

CHAPTER NO. 1 : INTRODUCTION 16

1.1.1. Report Description 16

Purpose of the Report 16

USP & Key Offerings 16

1.1.2. Key Benefits for Stakeholders 16

1.1.3. Target Audience 17

1.1.4. Report Scope 17

CHAPTER NO. 2 : EXECUTIVE SUMMARY 18

2.1. OFF-THE-ROAD TIRE Market Snapshot 18

2.1.1. Italy OFF-THE-ROAD TIRE Market, 2018 – 2032 ((USD Million) 20

2.2. Insights from Primary Respondents 20

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 21

3.1. Russia-Ukraine and Israel-Palestine War Impacts 21

CHAPTER NO. 4 : OFF-THE-ROAD TIRE MARKET – INDUSTRY ANALYSIS 22

4.1. Introduction 22

4.2. Market Drivers 23

4.2.1. Driving Factor 1 Analysis 23

4.2.2. Driving Factor 2 Analysis 24

4.3. Market Restraints 25

4.3.1. Restraining Factor Analysis 25

4.4. Market Opportunities 26

4.4.1. Market Opportunity Analysis 26

4.5. Porter’s Five Forces Analysis 27

4.6. Value Chain Analysis 28

4.7. Buying Criteria 29

CHAPTER NO. 5 : IMPORT EXPORT ANALYSIS 30

5.1. Import Analysis by Italy 30

5.1.1. Italy OFF-THE-ROAD TIRE Market Import Revenue, By Italy, 2018 – 2023 30

5.2. Export Analysis by Italy 31

5.2.1. Italy OFF-THE-ROAD TIRE Market Export Revenue, By Italy, 2018 – 2023 31

CHAPTER NO. 6 : DEMAND SUPPLY ANALYSIS 32

6.1. Demand Analysis by Italy 32

6.1.1. Italy OFF-THE-ROAD TIRE Market Demand Revenue, By Italy, 2018 – 2023 32

6.2. Supply Analysis by Italy 33

6.2.1. Italy OFF-THE-ROAD TIRE Market Supply Revenue, By Italy, 2018 – 2023 33

CHAPTER NO. 7 : PRICE ANALYSIS 34

7.1. Price Analysis by Type 34

7.1.1. Italy OFF-THE-ROAD TIRE Market Price, By Type, 2018 – 2023 34

7.1.2. Italy Type Market Price, By Type, 2018 – 2023 34

CHAPTER NO. 8 : RAW MATERIALS ANALYSIS 35

8.1. Key Raw Materials and Suppliers 35

8.2. Key Raw Materials Price Trend 35

CHAPTER NO. 9 : MANUFACTURING COST ANALYSIS 35

9.1. Manufacturing Cost Analysis 36

9.2. Manufacturing Process 36

CHAPTER NO. 10 : ANALYSIS COMPETITIVE LANDSCAPE 37

10.1. Company Market Share Analysis – 2023 37

10.1.1. Italy OFF-THE-ROAD TIRE Market: Company Market Share, by Revenue, 2023 37

10.1.2. Italy OFF-THE-ROAD TIRE Market: Company Market Share, by Revenue, 2023 38

10.1.3. Italy OFF-THE-ROAD TIRE Market: Top 6 Company Market Share, by Revenue, 2023 38

10.1.4. Italy OFF-THE-ROAD TIRE Market: Top 3 Company Market Share, by Revenue, 2023 38

10.2. Italy OFF-THE-ROAD TIRE Market Company Volume Market Share, 2023 40

10.3. Italy OFF-THE-ROAD TIRE Market Company Revenue Market Share, 2023 41

10.4. Company Assessment Metrics, 2023 42

10.4.1. Stars 42

10.4.2. Emerging Leaders 42

10.4.3. Pervasive Players 42

10.4.4. Participants 42

10.5. Start-ups /SMEs Assessment Metrics, 2023 42

10.5.1. Progressive Companies 42

10.5.2. Responsive Companies 42

10.5.3. Dynamic Companies 42

10.5.4. Starting Blocks 42

10.6. Strategic Developments 43

10.6.1. Acquisitions & Mergers 43

New Product Launch 43

Italy Expansion 43

10.7. Key Players Product Matrix 44

CHAPTER NO. 11 : PESTEL & ADJACENT MARKET ANALYSIS 45

11.1. PESTEL 45

11.1.1. Political Factors 45

11.1.2. Economic Factors 45

11.1.3. Social Factors 45

11.1.4. Technological Factors 45

11.1.5. Environmental Factors 45

11.1.6. Legal Factors 45

11.2. Adjacent Market Analysis 45

CHAPTER NO. 12 : OFF-THE-ROAD TIRE MARKET – BY TYPE SEGMENT ANALYSIS 46

12.1. OFF-THE-ROAD TIRE Market Overview, by Type Segment 46

12.1.1. OFF-THE-ROAD TIRE Market Revenue Share, By Type, 2023 & 2032 47

12.1.2. OFF-THE-ROAD TIRE Market Attractiveness Analysis, By Type 48

12.1.3. Incremental Revenue Growth Opportunity, by Type, 2024 – 2032 48

12.1.4. OFF-THE-ROAD TIRE Market Revenue, By Type, 2018, 2023, 2027 & 2032 49

12.2. Radial 50

12.3. Bias 51

12.4. Solid 52

12.5. Type 4 53

12.6. Type 5 54

CHAPTER NO. 13 : OFF-THE-ROAD TIRE MARKET – BY APPLICATION SEGMENT ANALYSIS 55

13.1. OFF-THE-ROAD TIRE Market Overview, by Application Segment 55

13.1.1. OFF-THE-ROAD TIRE Market Revenue Share, By Application, 2023 & 2032 56

13.1.2. OFF-THE-ROAD TIRE Market Attractiveness Analysis, By Application 57

13.1.3. Incremental Revenue Growth Opportunity, by Application, 2024 – 2032 57

13.1.4. OFF-THE-ROAD TIRE Market Revenue, By Application, 2018, 2023, 2027 & 2032 58

13.2. Construction 59

13.3. Agriculture 60

13.4. Mining 61

13.5. Industrial 62

13.6. Port 63

CHAPTER NO. 14 : OFF-THE-ROAD TIRE MARKET – BY TIER SIZE SEGMENT ANALYSIS 64

14.1. OFF-THE-ROAD TIRE Market Overview, by Tier Size Segment 64

14.1.1. OFF-THE-ROAD TIRE Market Revenue Share, By Tier Size, 2023 & 2032 65

14.1.2. OFF-THE-ROAD TIRE Market Attractiveness Analysis, By Tier Size 66

14.1.3. Incremental Revenue Growth Opportunity, by Tier Size, 2024 – 2032 66

14.1.4. OFF-THE-ROAD TIRE Market Revenue, By Tier Size, 2018, 2023, 2027 & 2032 67

14.2. Below 31 inch 68

14.3. 31 – 40 inch 69

14.4. 41- 45 inch 70

14.5. Above 45 inch 71

14.6. Tier Size 5 72

CHAPTER NO. 15 : OFF-THE-ROAD TIRE MARKET – BY MATERIAL SEGMENT ANALYSIS 73

15.1. OFF-THE-ROAD TIRE Market Overview, by Material Segment 73

15.1.1. OFF-THE-ROAD TIRE Market Revenue Share, By Material, 2023 & 2032 74

15.1.2. OFF-THE-ROAD TIRE Market Attractiveness Analysis, By Material 75

15.1.3. Incremental Revenue Growth Opportunity, by Material, 2024 – 2032 75

15.1.4. OFF-THE-ROAD TIRE Market Revenue, By Material, 2018, 2023, 2027 & 2032 76

15.2. Rubber Compound 77

15.3. Reinforcing Material 78

15.4. Others 79

15.5. Material 4 80

15.6. Material 5 81

CHAPTER NO. 16 : OFF-THE-ROAD TIRE MARKET – BY DISTRIBUTION CHANNEL SEGMENT ANALYSIS 82

16.1. OFF-THE-ROAD TIRE Market Overview, by Distribution Channel Segment 82

16.1.1. OFF-THE-ROAD TIRE Market Revenue Share, By Distribution Channel, 2023 & 2032 83

16.1.2. OFF-THE-ROAD TIRE Market Attractiveness Analysis, By Distribution Channel 84

16.1.3. Incremental Revenue Growth Opportunity, by Distribution Channel, 2024 – 2032 84

16.1.4. OFF-THE-ROAD TIRE Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 85

16.2. OEM 86

16.3. After Market 87

16.4. Distribution Channel 3 88

16.5. Distribution Channel 4 89

16.6. Distribution Channel 5 90

CHAPTER NO. 17 : COMPANY PROFILES 91

17.1. The Goodyear Tire & Rubber Company 91

17.1.1. Company Overview 91

17.1.2. Product Portfolio 91

17.1.3. Swot Analysis 91

17.1.4. Business Strategy 91

17.1.5. Financial Overview 92

17.2. Carlisle (Meizhou) Rubber Products Co. Ltd 93

17.3. Titan International, Inc. 93

17.4. Maxam Tire 93

17.5. Bridgestone Corporation 93

17.6. Guizhou Tire Co. Ltd. 93

17.7. Linglong Tire 93

17.8. Pirelli 93

17.9. Prinx Chengshan (Shandong) Tire Co. Ltd 93

17.10. Double Coin Holdings 93

17.11. Mai Italia 93

17.12. Company 12 93

17.13. Company 13 93

17.14. Company 14 93

CHAPTER NO. 18 : RESEARCH METHODOLOGY 94

18.1. Research Methodology 94

18.1.1. Phase I – Secondary Research 95

18.1.2. Phase II – Data Modeling 95

Company Share Analysis Model 96

Revenue Based Modeling 96

18.1.3. Phase III – Primary Research 97

18.1.4. Research Limitations 98

Assumptions 98

 

List of Figures

FIG NO. 1. Italy OFF-THE-ROAD TIRE Market Revenue, 2018 – 2032 ((USD Million) 19

FIG NO. 2. Porter’s Five Forces Analysis for Italy OFF-THE-ROAD TIRE Market 26

FIG NO. 3. Value Chain Analysis for Italy OFF-THE-ROAD TIRE Market 27

FIG NO. 4. Italy OFF-THE-ROAD TIRE Market Import Revenue, By Italy, 2018 – 2023 29

FIG NO. 5. Italy OFF-THE-ROAD TIRE Market Export Revenue, By Italy, 2018 – 2023 30

FIG NO. 6. Italy OFF-THE-ROAD TIRE Market Demand Revenue, By Italy, 2018 – 2023 31

FIG NO. 7. Italy OFF-THE-ROAD TIRE Market Supply Revenue, By Italy, 2018 – 2023 32

FIG NO. 8. Italy OFF-THE-ROAD TIRE Market Price, By Type, 2018 – 2023 33

FIG NO. 9. Raw Materials Price Trend Analysis, 2018 – 2023 34

FIG NO. 10. Manufacturing Cost Analysis 35

FIG NO. 11. Manufacturing Process 35

FIG NO. 12. Company Share Analysis, 2023 36

FIG NO. 13. Company Share Analysis, 2023 37

FIG NO. 14. Company Share Analysis, 2023 37

FIG NO. 15. Company Share Analysis, 2023 37

FIG NO. 16. OFF-THE-ROAD TIRE Market – Company Revenue Market Share, 2023 39

FIG NO. 17. OFF-THE-ROAD TIRE Market Revenue Share, By Type, 2023 & 2032 45

FIG NO. 18. Market Attractiveness Analysis, By Type 46

FIG NO. 19. Incremental Revenue Growth Opportunity by Type, 2024 – 2032 46

FIG NO. 20. OFF-THE-ROAD TIRE Market Revenue, By Type, 2018, 2023, 2027 & 2032 47

FIG NO. 21. Italy OFF-THE-ROAD TIRE Market for Radial, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 48

FIG NO. 22. Italy OFF-THE-ROAD TIRE Market for Bias, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 49

FIG NO. 23. Italy OFF-THE-ROAD TIRE Market for Solid, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 50

FIG NO. 24. Italy OFF-THE-ROAD TIRE Market for Type 4, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 51

FIG NO. 25. Italy OFF-THE-ROAD TIRE Market for Type 5, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 52

FIG NO. 26. OFF-THE-ROAD TIRE Market Revenue Share, By Application, 2023 & 2032 54

FIG NO. 27. Market Attractiveness Analysis, By Application 55

FIG NO. 28. Incremental Revenue Growth Opportunity by Application, 2024 – 2032 55

FIG NO. 29. OFF-THE-ROAD TIRE Market Revenue, By Application, 2018, 2023, 2027 & 2032 56

FIG NO. 30. Italy OFF-THE-ROAD TIRE Market for Construction, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 57

FIG NO. 31. Italy OFF-THE-ROAD TIRE Market for Agriculture, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 58

FIG NO. 32. Italy OFF-THE-ROAD TIRE Market for Mining, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 59

FIG NO. 33. Italy OFF-THE-ROAD TIRE Market for Industrial, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 60

FIG NO. 34. Italy OFF-THE-ROAD TIRE Market for Port, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 61

FIG NO. 35. OFF-THE-ROAD TIRE Market Revenue Share, By Tier Size, 2023 & 2032 63

FIG NO. 36. Market Attractiveness Analysis, By Tier Size 64

FIG NO. 37. Incremental Revenue Growth Opportunity by Tier Size, 2024 – 2032 64

FIG NO. 38. OFF-THE-ROAD TIRE Market Revenue, By Tier Size, 2018, 2023, 2027 & 2032 65

FIG NO. 39. Italy OFF-THE-ROAD TIRE Market for Below 31 inch , Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 66

FIG NO. 40. Italy OFF-THE-ROAD TIRE Market for 31 – 40 inch, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 67

FIG NO. 41. Italy OFF-THE-ROAD TIRE Market for 41- 45 inch, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 68

FIG NO. 42. Italy OFF-THE-ROAD TIRE Market for Above 45 inch, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 69

FIG NO. 43. Italy OFF-THE-ROAD TIRE Market for Tier Size 5, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 70

FIG NO. 44. OFF-THE-ROAD TIRE Market Revenue Share, By Material, 2023 & 2032 72

FIG NO. 45. Market Attractiveness Analysis, By Material 73

FIG NO. 46. Incremental Revenue Growth Opportunity by Material, 2024 – 2032 73

FIG NO. 47. OFF-THE-ROAD TIRE Market Revenue, By Material, 2018, 2023, 2027 & 2032 74

FIG NO. 48. Italy OFF-THE-ROAD TIRE Market for Rubber Compound, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 75

FIG NO. 49. Italy OFF-THE-ROAD TIRE Market for Reinforcing Material, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 76

FIG NO. 50. Italy OFF-THE-ROAD TIRE Market for Others, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 77

FIG NO. 51. Italy OFF-THE-ROAD TIRE Market for Material 4, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 78

FIG NO. 52. Italy OFF-THE-ROAD TIRE Market for Material 5, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 79

FIG NO. 53. OFF-THE-ROAD TIRE Market Revenue Share, By Distribution Channel, 2023 & 2032 81

FIG NO. 54. Market Attractiveness Analysis, By Distribution Channel 82

FIG NO. 55. Incremental Revenue Growth Opportunity by Distribution Channel, 2024 – 2032 82

FIG NO. 56. OFF-THE-ROAD TIRE Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 83

FIG NO. 57. Italy OFF-THE-ROAD TIRE Market for OEM, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 84

FIG NO. 58. Italy OFF-THE-ROAD TIRE Market for After Market, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 85

FIG NO. 59. Italy OFF-THE-ROAD TIRE Market for Distribution Channel 3, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 86

FIG NO. 60. Italy OFF-THE-ROAD TIRE Market for Distribution Channel 4, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 87

FIG NO. 61. Italy OFF-THE-ROAD TIRE Market for Distribution Channel 5, Volume (Kilo Tons) & Revenue (USD Million) 2018 – 2032 88

FIG NO. 62. Research Methodology – Detailed View 92

FIG NO. 63. Research Methodology 93

 

List of Tables

TABLE NO. 1. : Italy OFF-THE-ROAD TIRE Market: Snapshot 17

TABLE NO. 2. : Drivers for the OFF-THE-ROAD TIRE Market: Impact Analysis 22

TABLE NO. 3. : Restraints for the OFF-THE-ROAD TIRE Market: Impact Analysis 24

TABLE NO. 4. : Italy OFF-THE-ROAD TIRE Market Revenue, By Type, 2018 – 2023 33

TABLE NO. 5. : Key Raw Materials & Suppliers 34=

Frequently Asked Questions

What is the current size of the Italy Off the Road Tire market?

The Italy Off the Road Tire market was valued at USD 504.73 million in 2023 and is expected to reach USD 670.67 million by 2032, growing at a CAGR of 3.2%.

What factors are driving the growth of the Italy Off the Road Tire market?

Key drivers include the expansion of infrastructure projects, increased agricultural mechanization, growth in the mining sector, and advancements in tire design and materials.

What are some challenges faced by the Italy Off the Road Tire market?

Challenges include the high cost of production, competition from established tire manufacturers, and the need to meet increasingly stringent environmental regulations.

Who are the major players in the Italy Off the Road Tire market?

Major players include global brands like Michelin, Bridgestone, Goodyear, and local companies such as Pirelli. These manufacturers dominate the market through advanced product offerings and extensive distribution networks.

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