Agriculture Tire & Tire Cord Market Size, Share, Forecast Report 2021-2030
The global Agriculture Tire & Tire Cord market is expected to grow at a CAGR of around 5.9% over the forecast period 2020 to 2030 and expected to reach the market value of around US$ 15.4 Bn by 2030. during the forecast period, owing to rise in mechanization rate of farming and increase in use of tractors across the globe. Developing countries depend heavily on agriculture, and their growing populations are fueling the demand for high farm yield. Consequently, governments and international organizations have been initiating various schemes to promote mechanization in the agriculture sector. China, India, and the U.S. hold a key share of the agriculture tire & tire cord market globally, owing to the presence of a larger number of in-use tractors and high sales of new tractors in these countries.
The global agriculture tire & tire cord market is anticipated to expand at a CAGR of ~5.9% during the forecast period, owing to increased use of agricultural equipment worldwide to achieve better farm yields
China, India, and the U.S. hold a key share of the agriculture tire & tire cord market globally, owing to the presence of a larger number of in-use tractors and high sales of new tractors in these countries
This research report purposes at stressing the most lucrative growth prospects.The aim of the research report is to provide an inclusive valuation of the Agriculture Tire & Tire Cord market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Agriculture Tire & Tire Cord market reportaids in comprehendingmarket structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-downimpact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilaracross various industry verticals. The research reportofferspresent short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lastingtactics for recovery and by region.
Agriculture Tire & Tire Cord market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplish sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share.Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Significant Market Participants Operational in the Agriculture Tire & Tire Cord Market are:
The global agriculture tire & tire cord market include Balkrishna Industries Limited (BKT), Bridgestone Corporation, Continental AG, MICHELIN, Mitas, China National Rubber & Tire Co., Titan International, Inc., Trelleborg AB, Sumitomo Rubber Industries Ltd., and Pirelli & C. S.p.A.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects includingproduct type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2030 and covers subsequent region in its scope:
Global Agriculture Tire & Tire Cord Market: Segmentation
- Agriculture Tire & Tire Cord Market, by Application
- Agriculture Tire & Tire Cord Market, by Tire Type
- Agriculture Tire & Tire Cord Market, by Equipment Horsepower
- 0-80 HP
- 80-200 HP
- Agriculture Tire & Tire Cord Market, by Sales Channel
- Agriculture Tire & Tire Cord Market, by Fabric Type
By Regional Outlook
- United States
- United Kingdom
- Rest of EU
- Southeast Asia
- Rest of APAC
Central & South America
- Rest of Central & South America
Middle East and Africa
- North Africa
- South Africa