Farm tires are a sub-segment of specialty tires that are used by vehicles and machines employed in farm activities in the agriculture sector. Farm machineries such as sprayers, tractors, trailers, and harvesters some of the most common and key users of farm tires. Choosing the right farm tire depends on numerous different factors such as the size of the tractor tire, soil compaction, fuel economy, traction requirements, and weight of the equipment. The market for farm tires in North America is witnessing growth at a moderate pace, with the rising preference to radial tires bringing vast changes to the market’s overall growth dynamics.

Characteristically better, radial tires cost significantly higher than bias tires of the same dimensions. The disparity has forced several farmers to buy old second-hand tires instead, negatively impacting the sales of new tires and the growth prospects of the overall market for farm tires in North America. However, rising demand from hobby farmers and the increased awareness about the need for mechanization in the field of farming are allowing radial tires good growth prospects.

In terms of type of tires, the North America market will witness the dominance of the segment of radial tires in terms of revenue generation while the segment of bias tires will continue to remain the leading segment in terms of sales volumes.

The high costs of characteristically advanced radial tires will allow the segment to earn a larger share in the market despite lower sales over the forecast period. In terms of geography, the market in U.S. will continue to account for a larger share in the overall revenue of the North America farm tire market over the report’s forecast period.

Rising demand for farm tractors and harvesting machinery is expected to help the overall farm tire market growth, as they are used for multiple purpose machines, including harrowing, plowing, tilling, and planting machines.

Growing awareness regarding the importance of mechanization in in the agriculture sector for the maximization of output is aiding the growth of the market. Demand for technologically advanced tires such as with increased flexion (IF) and specialty farm tires such as combine tires, sprayer tires, and eco-friendly tires are further anticipated to contribute toward the expansion of the market during the forecast period.

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