Dozer Tire Market Scope
Dozer tires are heavy-duty tires that are commonly used for dumpers, loaders, and dozers due to its great application on rock, coal, and log-strewn terrain. Increasing demand for metal in various industries like automotive, construction, power, and cement industries has boosted the mining industry across the globe. In today’s time, more and more dozer tire manufacturers are shifting towards the synthetic rubber material for manufacturing tires due to its better resistance to aging, weathering, and suitability for use in environments exposed to chemicals, oils, greases, oxidizing compounds, etc. Further, the increasing government support and favorable policies for the long products of non-alloy, alloy, and stainless steel in developing economies will create significant opportunities for the mining industry, thereby for dozer tires.
|Unit||Value (USD Million)|
|Key Companies Profiled||JK Tyre & Industries (India), OTR Wheel Engineering, Inc. (United States), Denman Tire Corporation (united States), Bridgestone Commercial (Japan), Continental AG (Germany), Triangle Tire (China), Özka Tyres (Turkey), Caterpillar Inc. (United States), Titan International (United States), Maxam Tire (United States), McLaren Industries Inc. (United States), Mitas Tyres (Czech Republic), Yokohama Rubber Company (Japan) and Magna Tyres Group (Netherlands)|
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Dozer Tire market throughout the predicted period.
JK Tyre & Industries (India), OTR Wheel Engineering, Inc. (United States), Denman Tire Corporation (united States), Bridgestone Commercial (Japan), Continental AG (Germany), Triangle Tire (China), Özka Tyres (Turkey), Caterpillar Inc. (United States), Titan International (United States), Maxam Tire (United States), McLaren Industries Inc. (United States), Mitas Tyres (Czech Republic), Yokohama Rubber Company (Japan) and Magna Tyres Group (Netherlands) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Dozer Tire market by Type (L-type, E-type, G-type and C-type), by Application (Dumpers, Loaders, Dozers and Others) and Region with country level break-up.On the basis of application, segment is dominating the market in the year 2021
On the basis of geography, the market of Dozer Tire has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
In May 2021, Continental launched a new telehandler and skid-steer loader tire. It has been designed with Turtle Shield tread layer and twisted steel belt to protect the tire shoulder area from damage and provide flexibility. The tire consists hard shell and a more flexible steel wire construction that helps to prevent cuts and damage and offers great stability for materials handling work.
- Emphasize on the Development of Innovative Dozer Tires to Provide Excellent Stability and Protection Against tire Punctures and Cuts
- Rapidly Growing Mining Industry Across the Globe Due to Increasing Infrastructural Developments and Automotive Production
- Robust Growth of Underground Mining Process and Surging Demand for Dozer Tire that Can Withstand Extreme Harsh Conditions in Underground Mining
- Growing Demand for Loaders and Other Mining and Construction Equipment in the Developing Economies
- High Growth of Robotic Haul Trucks for Major Mining Operations Will Boost the Market
- Volatility in the High-Quality Rubber Prices may Hamper the Growth of Natural Rubber Tires
- Bulge in Some Types of Tires Due to Its More Fragile Sidewall May Create Challenges
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Dozer Tire Manufacturers, Dozer Tire Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Dozer Tire Market?
The Dozer Tire study can be customized to meet your requirements. The market size breakdown by type [L-type, E-type, G-type and C-type], by end use application [Dumpers, Loaders, Dozers and Others].
2. How big is the Dozer Tire Market?
The Dozer Tire Market is gaining popularity and expected to see strong valuation by 2027.