Off-the-road tires (OTR) are used in off-road vehicles that use deep tread to offer more traction on unpaved surfaces such as loose dirt, mud, sand, or gravel. OTR tires are built to carry considerable load and roll through tough road conditions. OTR tires vary in size and composition depending on the requirements of the particular job site environment. They are designed to be utilized in large construction vehicles including haul trucks, wheel loaders, backhoes, graders, and trenchers.

Improvements in infrastructure in developing countries and the increased level of mechanization and automation in off-road vehicles is expected to drive the OTR tires market during the forecast period. Increasing demand for tires that provide better traction and a more aggressive tread, as compared to conventional tires used under normal driving conditions for agricultural, mining, and construction activities, is likely to fuel the OTR tires market in the near future.

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In spite of the numerous advantages offered by the OTR tires, OTR tires face a drawback of high cost and lower average lifespan. These minor drawbacks of OTR tires are expected to hinder the growth of the OTR tires market during the forecast period.

Based on design of construction, the OTR tires market can be classified into bias ply OTR tire and radial ply OTR tire. A bias ply OTR tire is made of layers of rubber coated, crisscrossed plies of fabric placed at angles of approximately 30 degrees.

Based on application, the OTR tires market can be segmented into construction and mining equipment, industrial equipment, and agricultural tractors.

Based on vehicle type, the OTR tires market is divided into passenger vehicles and commercial vehicles. The commercial vehicles segment is anticipated to witness remarkable growth during the forecast period owing to the increasing demand for OTR tires in heavy commercial vehicles which are used for off road construction and tractor applications.

Based on geographical region, the OTR tires market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is estimated to expand at a significant growth rate market during the forecast period owing to the increasing agricultural activities in countries of Asia Pacific, primarily China and India and the rapid increase in industrialization in developing nations of Asia Pacific.

Key players operating in the global OTR tires market include Continental, Bridgestone Corporation, MICHELIN, The Goodyear Tire & Rubber Company, Pirelli & C. S.p.A., Sumitomo Rubber Industries, Ltd., Yokohama Tire Corporation, and Hankook Tire.