The Russia OTR tire market size reached USD 631.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,117.0 Million by 2033, exhibiting a growth rate (CAGR) of 6.50% during 2025-2033.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 631.0 Million |
Market Forecast in 2033 | USD 1,117.0 Million |
Market Growth Rate (2025-2033) | 6.50% |
Off-the-road (OTR) tires refer to the deep treaded tires that provide high traction over unlevelled surfaces, including rock, mud, loose dirt, or gravel. Various off-the-road vehicles include cranes, wheel loaders, telescopic handlers, tractors, all-terrain vehicles (ATVs), military trucks, and specialized purpose vehicles. OTR tires provide high heat and rolling resistance, better durability, enhanced vehicular performance, optimum stability, easy mobility, and reduced contact patch area. As a result, these tires are widely adopted across various sectors, including construction, mining, agriculture, etc.
In Russia, a significant growth in the mining sector has led to the deployment of heavy-duty vehicles across diverse geographic locations, thereby propelling the demand for OTR tires. Additionally, the increasing levels of urbanization are catalyzing the development of commercial infrastructures, such as bridges, highways, dams, power supply grids, etc. In line with this, growing foreign direct investments in the country have led to the introduction of large-scale infrastructure projects which are further augmenting the demand for OTR vehicles. Moreover, the expanding agriculture sector is also propelling the utilization of off-the-road tractors, rollers, farm machinery, etc., thereby further fueling the market growth in Russia. Besides this, the emergence of various sensor-based technologies for OTR tires to monitor tire pressure and temperature, mitigate any potential hazards, and provide real-time data analysis, will continue to drive the market growth in Russia during the forecast period.
IMARC Group provides an analysis of the key trends in each segment of the Russia OTR tire market report, along with forecasts for the period 2025-2033. Our report has categorized the market based on vehicle type, tire type, end-use, distribution channel and rim size.
Breakup by Vehicle Type:
Breakup by Tire Type:
Breakup by End-Use:
Breakup by Distribution Channel:
Breakup by Rim Size:
The competitive landscape of the industry has also been examined with some of the key players being Belshina OAO, Bridgestone Corporation, Continental AG, Hankook Tire & Technology Co. Ltd, Michelin, NorTec Tires, Nokian Tyres, The Yokohama Rubber Company Limited, PJSC TATNEFT. (Nizhnekamskshina Joint Stock Company), Pirelli Tyre Russia Limited Liability Company and Goodyear Russia LLC.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Vehicle Type, Tire Type, End-Use, Distribution Channel, Rim Size |
Companies Covered | Belshina OAO, Bridgestone Corporation, Continental AG, Hankook Tire & Technology Co. Ltd, Michelin, NorTec Tires, Nokian Tyres, The Yokohama Rubber Company Limited, PJSC TATNEFT. (Nizhnekamskshina Joint Stock Company), Pirelli Tyre Russia Limited Liability Company and Goodyear Russia LLC |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report: