Agriculture Tire & Tire Cord Market: is expected to reach USD 7.80 Billion at a CAGR of 5.6% during the forecast period 2029.
Agriculture Tire & Tire Cord Market Overview:
Maximize Market Research’s new report, Global Agriculture Tire & Tire Cord Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The study offers a market overview that describes the value chain’s structure, as well as the market’s size, applications, and forecast for the years (2021–2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Agriculture Tire & Tire Cord market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Agriculture Tire & Tire Cord market growth, consumption volume, market trends, and company pricing structures throughout the projected period. In-depth research is used in the analysis to examine the market’s complexity. The research provides an overview of the worldwide Agriculture Tire & Tire Cord market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. Based on productivity and manufacturing base, this market has been investigated in a number of different ways.
Segmentation:
by Fabric Material
Nylon
Polyester
Rayon
by Tier Type
Radial
Bias
by Application
Tractors
Harvesters
Implements
Irrigation and Other
Harvesters, tractors, implements, irrigation, and others make up the harvester application section of the global market. Due to government initiatives and the expansion of commercial farming, the tractor category is the largest segment and had a dominant position in the global market in 2022. Due to pivot irrigation, which is driving the global market throughout the estimated period, the irrigation segment is anticipated to increase significantly.
by Sales Channel
OEMs
Aftermarket
By Sales Channel, Global Market is segmented into OEMs and Aftermarket. The Aftermarket is dominating the global Agriculture Tire & Tire Cord market, Asia Pacific region is showing high demand for Tractors, owing to ease of use it provides. The OEM fitted tires are replaced by the aftermarket tires.
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Key Players:
It then discusses the top competitors in the worldwide Agriculture Tire & Tire Cord market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. The research also evaluates raw material sources, import-export, the value chain, price structure, and the industrial supply chain in addition to capacity utilisation. The following participants are highlighted in this study:
1. Claas KGaA mbH
2. CNH Industrial N.V.
3. AGCO Corporation
4. Mahindra & Mahindra Ltd.
5. Deere & Company
6. Kubota Corporation
7. Yanmar Co., Ltd.
8. Tractors and Farm Equipment Limited
9. Zetor Tractors A.S.
10. Alamo Group, Inc.
11. STEYR
12. New Holland Agriculture
13. Antonio Carraro
14. Argo Tractors S.p.A.
15. Changzhou Dongfeng Agricultural Machinery Group Co. Ltd.
16. CLAAS KGaA mbH
17. Steyr Landmaschinentechnik AG
18. Daedong-USA, Inc. KIOTI Tractor Division
19. Escorts Group
20. Force Motors Ltd.
21. Indo Farm Equipment Limited.
22. Iseki & Co. Ltd
23. Kubota Corporation
24. Mahindra and Mahindra Ltd.
25. Pronar Sp. z o.o.
26. SDF S.p.A.
27. Sonalika International Tractors Ltd.
28. Tractors and Farm Equipment Ltd. (TAFE)
29. Traktorenwerk Lindner GmbH
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Regional Analysis:
The report has analyzed the global Agriculture Tire & Tire Cord market in the following regions:
- North America (Mexico, Canada, and the United States)
Germany, France, the United Kingdom, Russia, Italy, and the rest of Europe make up the European Union.
Asia-Pacific region (including Australia, China, Japan, Korea, Southeast Asia, and Japan)
Latin America (Brazil, Argentina, Colombia, and the remaining countries in South America) - Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The study offers in-depth perceptions into a wide range of development prospects and obstacles in the aforementioned regions based on various items, applications, end users, and nations, among other factors. The research also includes key features of the worldwide Agriculture Tire & Tire Cord market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Agriculture Tire & Tire Cord Market:
Practically every industry has been hit by the unprecedented global public health disaster known as COVID-19, and the long-term effects are anticipated to have an impact on industry growth for the duration of the forecast period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The updated research includes new information, analysis, projections, and predictions based on COVID-19’s impact on the market.
The Agriculture Tire & Tire Cord Market Report provides key answers to the following questions:
- Which are the major companies in the Agriculture Tire & Tire Cord market?
- Which is the potential market for Agriculture Tire & Tire Cord in terms of the region?
- Which application area of Agriculture Tire & Tire Cord is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Agriculture Tire & Tire Cord market size by 2027?
- What are the market’s chances of growth?
- What is the base year considered in the Agriculture Tire & Tire Cord market report?
- Which region dominates the Agriculture Tire & Tire Cord market in terms of market share?
- What factors are anticipated to drive the Agriculture Tire & Tire Cord market?
