Title: Insights from the Global Construction Tire Market Report 2023
1Construction Tire Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Construction Tire Market Segments
The Business Research Company segments its
Construction Tire market report as
Radial, Bias, Solid, Other Tire Type
By Tire Type
Excavators, Backhoe, Bulldozers, Graders, Wheel
Tractor Scraper, Trenchers, Loaders, Tower
Cranes, Compactors, Other Construction Equipment
By Equipment Type
Less than 20, 21 to 30, 31 to 40, 41 to
50, 51 to 60, More than 61
By Tire Size
By Sales Channel
Original Equipment Manufacturer (OEM), Aftermarket
3Market Statistics
The global construction tire market size is
expected to grow from 1.58 billion in 2022 to
1.65 billion in 2023 at a compound annual growth
rate (CAGR) of 4.2. The global construction tire
market is expected to grow to 1.92 billion in
2027 at a CAGR of 3.8.
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4Key Market Drivers And Trends
Drivers
Increasing smart city projects around the globe
is expected to propel the growth of the
construction tire market going forward.
Trends
Product innovations are a key trend gaining
popularity in the construction tire market.
Region
Asia-Pacific was the largest region in the
construction tires market in 2022. The regions
covered in the Construction Tire market analysis
report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East
and Africa.
5Key Market Players
- Major players in the market are
- Bridgestone Corporation,
- Apollo Tyres Ltd.,
- China National Tire Rubber Co. Ltd., C
- EAT Ltd
- And more.
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