Forestry Equipment Tire Market

Forestry Equipment Tire Market Study by Pneumatic Tires, Solid Tires, and Polymer-Based Tires for Tractors, Trailers, Forwarders, and Other Forestry Equipment from 2024 to 2034

Analysis of Forestry Equipment Tire Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Forestry Equipment Tire Market Outlook (2024 to 2034)

The global forestry equipment tire market size is estimated to attain a valuation of US$ 1,471.4 million in 2024. During the forecast period, 2024 to 2034, the demand for forestry equipment tire is expected to incline at a 5.6% CAGR. By 2034, the industry is expected to have grown to a valuation of US$ 2,546.0 million.

Key Market Growth Drivers

  • The market for forestry equipment tires is characterized by ongoing technical advancements, such as the development of smart tires featuring monitoring characteristics. These developments support sustainable forestry practices, increase productivity, decrease downtime, and correspond with the industry's growing dependence on automation as well as digital solutions.
  • The increasing focus of companies on sustainability, which is seen in the development and manufacturing of environmentally friendly tires for forestry equipment, is a notable market trend. In response to the demand for ethical and sustainable forestry practices globally, manufacturers are using eco-friendly materials and production techniques.
Report Attributes Details
Estimated Market Value (2024E) US$ 1,471.4 million
Forecast Market Value (2034F) US$ 2,546.0 million
Global Market Growth Rate (2024 to 2034) 5.6% CAGR
Pneumatic Tires Growth Rate (2024 to 2034) 3.6% CAGR
Tractors Growth Rate (2024 to 2034) 5.6% CAGR
North America Market Share (2024) 29.8%
East Asia Market Share (2024) 26.7%
Key Companies Profiled MICHELIN; Nokian Tyres plc; Hankook Tire & Technology; Titan International Inc.; Apollo; The Yokohama Rubber Co. Ltd.; Qingdao Qizhou Rubber Co. Ltd.; MAXAM TIRE INTERNATIONAL LTD; Continental AG; Balkrishna Industries Limited

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What Factors are Responsible for the Growth of the Global Forestry Equipment Tire Market?

Increased demand for automation bolsters market growth.”

The increase in global construction activity, along with a greater emphasis on sustainable building techniques, drives demand for forestry equipment tires in the construction industry. Forestry equipment tires are essential to the composition of building materials since they increase their lifetime and durability.

Forestry equipment tires strengthen the link between various materials by functioning as coupling agents, which raises the overall performance and strength of building components. The market for forestry equipment tires is expanding because of the construction industry's adoption of sustainable building techniques and long-lasting building materials.

Sustainable forestry practices are pushing the sales of forestry equipment tires”

The global movement toward sustainable and ethical forestry practices is one particular factor propelling the market for forestry equipment tires. The need for specialized tires has increased due to the adoption of sustainable logging practices brought about by growing environmental consciousness.

The focus on lessening the impact on the environment is consistent with the creation and use of tires for forestry equipment that are made to be sustainable and provide improved performance with a reduced environmental impact. This factor highlights the dedication of the forestry sector to strike a balance between financial requirements and environmental sustainability.

What are the Major Restraints to the Growth of the Forestry Equipment Tire Market?

“Maintaining the ergonomic design of tires and balancing the pricing fluctuations is a constant challenge.”

The global forestry equipment tire market faces several obstacles such as the complexity of developing tires for various terrains and logging conditions. It is a constant struggle to strike a balance between traction, durability, and environmental sustainability. Production costs are impacted by fluctuating raw material prices, and demand to innovate continuously increases.

In addition, companies in this global market face constant hurdles from shifting environmental laws, geopolitical conflicts, and global supply chain disruptions. These complexities call for resilience and adaptation.

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How are Startups Trying to Establish a Firm Ground in the Global Forestry Equipment Tire Market?

Startups are stressing on smart tire monitoring solutions to boost growth.”

Startups in the global tire market for forestry equipment are bringing innovation to the industry by creating advanced tire technologies that are specifically designed to meet the demands of forestry operations. These endeavors address sustainability issues by concentrating on developing long-lasting, environmentally friendly, and puncture-resistant tire solutions.

Some startups are leading the way in smart tire systems for real-time tire condition monitoring by utilizing sensor and data analytics. Key tactics include cooperative alliances with producers of forestry equipment and a dedication to environmentally friendly procurement and manufacturing practices.

Country-wise Insights

The forestry equipment tire market is gaining immense traction in North America and East Asia. By 2024, North America's share is predicted to rise to 29.8%. The thriving forestry industry and the use of more advanced logging techniques in North America are driving the demand for tires used for forestry equipment. The modernization of logging operations and the region's dedication to sustainable forestry management are factors driving up demand for specialized tires.

In comparison, it is projected that by 2024, East Asia would reach a market share of 26.7%. The market for forestry equipment tires is expanding in East Asia, especially China, because of the nation's large afforestation projects and the advancement of forestry methods. Infrastructure development in rural regions and sustainable logging activities are driving the growing need for specialist tires, demonstrating the region's dedication to ecologically responsible and productive forestry practices.

What makes the United States a Potential Market for Forestry Equipment Tire?

Sustainable logging techniques in the US to boost demand in the United States”

Attributes The United States
Market Value in 2024 US$ 168.2 million
CAGR from 2024 to 2034 5.1%
Projected Value in 2034 US$ 276.0 million

The market in the United States is expected to be valued at US$ 168.2 million in 2024, anticipated to gain a market share of 77.4% in 2024. A number of reasons, including the nation's booming forestry sector, sustainable logging techniques, and growing automation, are driving the forestry equipment tires in the U.S.

There is an increasing need for tires with specific navigational capabilities to handle a variety of terrains as logging and forest management become more effective. The demand for strong and dependable forestry equipment tires is further fueled by infrastructure development projects in forested areas, which is driving the industry's expansion in the U.S.

How will the Growth of the Forestry Equipment Tire Market Develop in China?

Increasing afforestation initiatives in China to accelerate growth.”

Attributes China
Market Value in 2024 US$ 272.6 million
CAGR from 2024 to 2034 5.7%
Projected Value in 2034 US$ 472.9 million

In 2024, the China market for forestry equipment tire is expected to be valued at US$ 272.6 million. The industry is also projected to acquire a market share of 69.4% in the same year.

China has a booming forestry industry and significant afforestation activities, which are driving the country's forestry equipment tire market. There is a growing need for specialty tires that can handle difficult terrains as China enhances its logging operations and places more emphasis on sustainable forestry methods.

The necessity for strong and effective forestry equipment tires is fueled by the mechanization of forestry operations and the growth of rural infrastructure. These elements support the tires' strong development and widespread use in the developing forestry sector of China.

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Category-wise Insights

Which is anticipated to be Common Application of these Tires in 2024?

“A surge is likely to be seen in the usage of these tires for tractors in 2024.”

Application Value Share in 2024
Tractors 64.4%

The tractor segment is estimated to hold a 64.4% of the global forestry equipment tire market share in 2024. During the forecast period, the segment is anticipated to garner a 5.6% CAGR.

Due to their critical role in forestry operations, tractors are positioned to be a popular application for forestry equipment tires. In difficult terrain, tractors are often utilized for activities including site preparation, transportation, and wood harvesting. Forestry equipment tires are essential for these hard jobs owing to their endurance and traction design.

The forestry sector is becoming more and more mechanized, making tractors with specialized tires essential for assuring profitable and effective forestry operations while traversing rugged terrain. This has led to a wider acceptance of forestry equipment tires.

By Tire Type, Which Product will gain Traction during the Forecast Period?

“The pneumatic tires will gain prominence among the other tire types”

Tire Type Value Share in 2024
Pneumatic Tires 56.3%

The pneumatic tires segment is likely to attain a market share of 56.3% in 2024. The tires segment is also anticipated to rise at a 3.6% CAGR during the forecast period. Pneumatic tires have specific advantages that will help them gain momentum in the global market for forestry equipment tire. Due to their improved shock absorption, these tires provide a smoother ride on the uneven ground that comes with forestry operations. Pneumatic tires are preferred because they can keep traction and stability even in difficult situations.

Their adaptability to various surfaces also adds to their greater effectiveness. Due to their excellent performance qualities, pneumatic tires are a popular alternative in the forestry sector, where productivity and equipment durability are valued highly. Hence, their acceptance in this niche market has expanded.

Competitive Landscape

Companies are concentrating on strategic breakthroughs in the market for forestry equipment tires. They are creating strong and long-lasting tire solutions that are suited to the harsh forestry environment. They spend money on research and development to improve the sustainability, longevity, and performance of tires. Gaining a competitive edge is ensured by adopting modern technologies and working with equipment manufacturers.

In addition, companies streamline their manufacturing methods to effectively satisfy the increasing demand. These companies seek to safeguard revenues in the dynamic and specialized forestry equipment tire market by maintaining alignment with industry trends and placing an emphasis on product reliability. Some of the key developments in this market are:

  • In 2023, Nokian Tyres formed an international research partnership to increase the quality and yield of recovered carbon black from end-of-life tires. This will help tire and rubber product makers create more sustainable goods by enabling the use of bigger amounts of recovered carbon black in rubber compositions. Tires may have their strength and resistance increased by adding carbon black as a reinforcing filler. Virgin carbon blacks derived from fossil fuels can be partially substituted with recycled carbon black.
  • In 2023, Hankook Tire began working with Snowflake and Amazon Web Services to develop a data analysis solution that is built on the generative AI platform ChatGPT. The new technology gathers and evaluates real-time volatile organic compound data online, applying it to every facet of quality control, production, and product development. Hankook Tire plans to pursue company-wide digital innovation in VOC and beyond by consistently fortifying its alliances with AI-related organizations like AWS and KAIST.

Segmentation of Forestry Equipment Tire Market Research

  • By Tyre Type :

    • Pneumatic Tires
    • Solid Tires
    • Polymer Based Tires
  • By Application :

    • Tractors
    • Trailers
    • Forwarders
    • Other Forestry Equipment
  • By Region :

    • North America
    • Europe
    • Latin America
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tyre Type
    • 5.1. Pneumatic Tires
    • 5.2. Solid Tires
    • 5.3. Polymer Based Tires
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
    • 6.1. Tractors
    • 6.2. Trailers
    • 6.3. Forwarders
    • 6.4. Other Forestry Equipment
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Western Europe
    • 7.4. Eastern Europe
    • 7.5. South Asia and Pacific
    • 7.6. East Asia
    • 7.7. Middle East and Africa
  • 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. MICHELIN
    • 17.2. Nokian Tyres plc
    • 17.3. Hankook Tire & Technology
    • 17.4. Titan International, Inc.
    • 17.5. Apollo
    • 17.6. The Yokohama Rubber Co. Ltd.
    • 17.7. Qingdao Qizhou Rubber Co. Ltd.
    • 17.8. MAXAM TIRE INTERNATIONAL LTD
    • 17.9. Continental AG
    • 17.10. Balkrishna Industries Limited
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology

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List Of Table

Table 1: Global Market Value (US$ Mn) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Mn) Forecast by Tyre Type, 2019 to 2034

Table 4: Global Market Volume (Units) Forecast by Tyre Type, 2019 to 2034

Table 5: Global Market Value (US$ Mn) Forecast by Application, 2019 to 2034

Table 6: Global Market Volume (Units) Forecast by Application, 2019 to 2034

Table 7: North America Market Value (US$ Mn) Forecast by Country, 2019 to 2034

Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 9: North America Market Value (US$ Mn) Forecast by Tyre Type, 2019 to 2034

Table 10: North America Market Volume (Units) Forecast by Tyre Type, 2019 to 2034

Table 11: North America Market Value (US$ Mn) Forecast by Application, 2019 to 2034

Table 12: North America Market Volume (Units) Forecast by Application, 2019 to 2034

Table 13: Latin America Market Value (US$ Mn) Forecast by Country, 2019 to 2034

Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 15: Latin America Market Value (US$ Mn) Forecast by Tyre Type, 2019 to 2034

Table 16: Latin America Market Volume (Units) Forecast by Tyre Type, 2019 to 2034

Table 17: Latin America Market Value (US$ Mn) Forecast by Application, 2019 to 2034

Table 18: Latin America Market Volume (Units) Forecast by Application, 2019 to 2034

Table 19: Western Europe Market Value (US$ Mn) Forecast by Country, 2019 to 2034

Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 21: Western Europe Market Value (US$ Mn) Forecast by Tyre Type, 2019 to 2034

Table 22: Western Europe Market Volume (Units) Forecast by Tyre Type, 2019 to 2034

Table 23: Western Europe Market Value (US$ Mn) Forecast by Application, 2019 to 2034

Table 24: Western Europe Market Volume (Units) Forecast by Application, 2019 to 2034

Table 25: Eastern Europe Market Value (US$ Mn) Forecast by Country, 2019 to 2034

Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 27: Eastern Europe Market Value (US$ Mn) Forecast by Tyre Type, 2019 to 2034

Table 28: Eastern Europe Market Volume (Units) Forecast by Tyre Type, 2019 to 2034

Table 29: Eastern Europe Market Value (US$ Mn) Forecast by Application, 2019 to 2034

Table 30: Eastern Europe Market Volume (Units) Forecast by Application, 2019 to 2034

Table 31: South Asia and Pacific Market Value (US$ Mn) Forecast by Country, 2019 to 2034

Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034

Table 33: South Asia and Pacific Market Value (US$ Mn) Forecast by Tyre Type, 2019 to 2034

Table 34: South Asia and Pacific Market Volume (Units) Forecast by Tyre Type, 2019 to 2034

Table 35: South Asia and Pacific Market Value (US$ Mn) Forecast by Application, 2019 to 2034

Table 36: South Asia and Pacific Market Volume (Units) Forecast by Application, 2019 to 2034

Table 37: East Asia Market Value (US$ Mn) Forecast by Country, 2019 to 2034

Table 38: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 39: East Asia Market Value (US$ Mn) Forecast by Tyre Type, 2019 to 2034

Table 40: East Asia Market Volume (Units) Forecast by Tyre Type, 2019 to 2034

Table 41: East Asia Market Value (US$ Mn) Forecast by Application, 2019 to 2034

Table 42: East Asia Market Volume (Units) Forecast by Application, 2019 to 2034

Table 43: Middle East and Africa Market Value (US$ Mn) Forecast by Country, 2019 to 2034

Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034

Table 45: Middle East and Africa Market Value (US$ Mn) Forecast by Tyre Type, 2019 to 2034

Table 46: Middle East and Africa Market Volume (Units) Forecast by Tyre Type, 2019 to 2034

Table 47: Middle East and Africa Market Value (US$ Mn) Forecast by Application, 2019 to 2034

Table 48: Middle East and Africa Market Volume (Units) Forecast by Application, 2019 to 2034

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List Of Figures

Figure 1: Global Market Value (US$ Mn) by Tyre Type, 2024 to 2034

Figure 2: Global Market Value (US$ Mn) by Application, 2024 to 2034

Figure 3: Global Market Value (US$ Mn) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Mn) Analysis by Region, 2019 to 2034

Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 8: Global Market Value (US$ Mn) Analysis by Tyre Type, 2019 to 2034

Figure 9: Global Market Volume (Units) Analysis by Tyre Type, 2019 to 2034

Figure 10: Global Market Value Share (%) and BPS Analysis by Tyre Type, 2024 to 2034

Figure 11: Global Market Y-o-Y Growth (%) Projections by Tyre Type, 2024 to 2034

Figure 12: Global Market Value (US$ Mn) Analysis by Application, 2019 to 2034

Figure 13: Global Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 16: Global Market Attractiveness by Tyre Type, 2024 to 2034

Figure 17: Global Market Attractiveness by Application, 2024 to 2034

Figure 18: Global Market Attractiveness by Region, 2024 to 2034

Figure 19: North America Market Value (US$ Mn) by Tyre Type, 2024 to 2034

Figure 20: North America Market Value (US$ Mn) by Application, 2024 to 2034

Figure 21: North America Market Value (US$ Mn) by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Mn) Analysis by Country, 2019 to 2034

Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 26: North America Market Value (US$ Mn) Analysis by Tyre Type, 2019 to 2034

Figure 27: North America Market Volume (Units) Analysis by Tyre Type, 2019 to 2034

Figure 28: North America Market Value Share (%) and BPS Analysis by Tyre Type, 2024 to 2034

Figure 29: North America Market Y-o-Y Growth (%) Projections by Tyre Type, 2024 to 2034

Figure 30: North America Market Value (US$ Mn) Analysis by Application, 2019 to 2034

Figure 31: North America Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 34: North America Market Attractiveness by Tyre Type, 2024 to 2034

Figure 35: North America Market Attractiveness by Application, 2024 to 2034

Figure 36: North America Market Attractiveness by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Mn) by Tyre Type, 2024 to 2034

Figure 38: Latin America Market Value (US$ Mn) by Application, 2024 to 2034

Figure 39: Latin America Market Value (US$ Mn) by Country, 2024 to 2034

Figure 40: Latin America Market Value (US$ Mn) Analysis by Country, 2019 to 2034

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 44: Latin America Market Value (US$ Mn) Analysis by Tyre Type, 2019 to 2034

Figure 45: Latin America Market Volume (Units) Analysis by Tyre Type, 2019 to 2034

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Tyre Type, 2024 to 2034

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Tyre Type, 2024 to 2034

Figure 48: Latin America Market Value (US$ Mn) Analysis by Application, 2019 to 2034

Figure 49: Latin America Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 52: Latin America Market Attractiveness by Tyre Type, 2024 to 2034

Figure 53: Latin America Market Attractiveness by Application, 2024 to 2034

Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 55: Western Europe Market Value (US$ Mn) by Tyre Type, 2024 to 2034

Figure 56: Western Europe Market Value (US$ Mn) by Application, 2024 to 2034

Figure 57: Western Europe Market Value (US$ Mn) by Country, 2024 to 2034

Figure 58: Western Europe Market Value (US$ Mn) Analysis by Country, 2019 to 2034

Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 62: Western Europe Market Value (US$ Mn) Analysis by Tyre Type, 2019 to 2034

Figure 63: Western Europe Market Volume (Units) Analysis by Tyre Type, 2019 to 2034

Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Tyre Type, 2024 to 2034

Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Tyre Type, 2024 to 2034

Figure 66: Western Europe Market Value (US$ Mn) Analysis by Application, 2019 to 2034

Figure 67: Western Europe Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 70: Western Europe Market Attractiveness by Tyre Type, 2024 to 2034

Figure 71: Western Europe Market Attractiveness by Application, 2024 to 2034

Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 73: Eastern Europe Market Value (US$ Mn) by Tyre Type, 2024 to 2034

Figure 74: Eastern Europe Market Value (US$ Mn) by Application, 2024 to 2034

Figure 75: Eastern Europe Market Value (US$ Mn) by Country, 2024 to 2034

Figure 76: Eastern Europe Market Value (US$ Mn) Analysis by Country, 2019 to 2034

Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 80: Eastern Europe Market Value (US$ Mn) Analysis by Tyre Type, 2019 to 2034

Figure 81: Eastern Europe Market Volume (Units) Analysis by Tyre Type, 2019 to 2034

Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Tyre Type, 2024 to 2034

Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Tyre Type, 2024 to 2034

Figure 84: Eastern Europe Market Value (US$ Mn) Analysis by Application, 2019 to 2034

Figure 85: Eastern Europe Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 88: Eastern Europe Market Attractiveness by Tyre Type, 2024 to 2034

Figure 89: Eastern Europe Market Attractiveness by Application, 2024 to 2034

Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 91: South Asia and Pacific Market Value (US$ Mn) by Tyre Type, 2024 to 2034

Figure 92: South Asia and Pacific Market Value (US$ Mn) by Application, 2024 to 2034

Figure 93: South Asia and Pacific Market Value (US$ Mn) by Country, 2024 to 2034

Figure 94: South Asia and Pacific Market Value (US$ Mn) Analysis by Country, 2019 to 2034

Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 98: South Asia and Pacific Market Value (US$ Mn) Analysis by Tyre Type, 2019 to 2034

Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Tyre Type, 2019 to 2034

Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Tyre Type, 2024 to 2034

Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Tyre Type, 2024 to 2034

Figure 102: South Asia and Pacific Market Value (US$ Mn) Analysis by Application, 2019 to 2034

Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 106: South Asia and Pacific Market Attractiveness by Tyre Type, 2024 to 2034

Figure 107: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034

Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 109: East Asia Market Value (US$ Mn) by Tyre Type, 2024 to 2034

Figure 110: East Asia Market Value (US$ Mn) by Application, 2024 to 2034

Figure 111: East Asia Market Value (US$ Mn) by Country, 2024 to 2034

Figure 112: East Asia Market Value (US$ Mn) Analysis by Country, 2019 to 2034

Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 116: East Asia Market Value (US$ Mn) Analysis by Tyre Type, 2019 to 2034

Figure 117: East Asia Market Volume (Units) Analysis by Tyre Type, 2019 to 2034

Figure 118: East Asia Market Value Share (%) and BPS Analysis by Tyre Type, 2024 to 2034

Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Tyre Type, 2024 to 2034

Figure 120: East Asia Market Value (US$ Mn) Analysis by Application, 2019 to 2034

Figure 121: East Asia Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 122: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 124: East Asia Market Attractiveness by Tyre Type, 2024 to 2034

Figure 125: East Asia Market Attractiveness by Application, 2024 to 2034

Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 127: Middle East and Africa Market Value (US$ Mn) by Tyre Type, 2024 to 2034

Figure 128: Middle East and Africa Market Value (US$ Mn) by Application, 2024 to 2034

Figure 129: Middle East and Africa Market Value (US$ Mn) by Country, 2024 to 2034

Figure 130: Middle East and Africa Market Value (US$ Mn) Analysis by Country, 2019 to 2034

Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 134: Middle East and Africa Market Value (US$ Mn) Analysis by Tyre Type, 2019 to 2034

Figure 135: Middle East and Africa Market Volume (Units) Analysis by Tyre Type, 2019 to 2034

Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Tyre Type, 2024 to 2034

Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Tyre Type, 2024 to 2034

Figure 138: Middle East and Africa Market Value (US$ Mn) Analysis by Application, 2019 to 2034

Figure 139: Middle East and Africa Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 142: Middle East and Africa Market Attractiveness by Tyre Type, 2024 to 2034

Figure 143: Middle East and Africa Market Attractiveness by Application, 2024 to 2034

Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What was the estimated value of the forestry equipment tire market in 2019?

The global forestry equipment tire market was valued at US$ 1,397.0 million in 2019.

What will be the outlook of the forestry equipment tire market in 2024?

The global market for forestry equipment tire is likely to be valued at US$ 1,471.4 million in 2024.

What is the market value for forestry equipment tire in 2034?

Demand for forestry equipment tire is projected to reach a market value of US$ 2,546.0 million by 2034.

What is the adoption CAGR for forestry equipment tire from 2024 to 2034?

Adoption of forestry equipment tire is projected to develop at a CAGR of 5.6% through 2034.

At what rate is the market in North America predicted to rise?

The North America market for forestry equipment tire is projected to garner a CAGR of 5.8% through 2034.

- Also of Interest -

Forestry Mulcher Rental Market

Forestry Mulcher Rental Market Analysis by Direct Drive and Belt Drive in Up to 10 Tons, 10 to 20 Tons, 20 to 30 Tons, 30 to 40 Tons, and Above 40 Tons from 2023 to 2033

Forestry Excavators Market

Demand for GPS Integrated Forestry Excavators to Boost the Sales of Forestry Excavators during 2021 to 2031

Forestry Machinery Market

Forestry Machinery Market Analysis by Skidders, Forwarders, Swing Machines, Bunchers, Harvesters, and Loaders from 2023 to 2033

Forestry Equipment Tire Market

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