Agriculture Tire & Tire Cord

Agriculture Tire & Tire Cord Market Outlook

The global agriculture tire and tire cord market is projected to reach approximately USD 7.3 billion by 2035, growing at a CAGR of around 5.2% during the forecast period from 2025 to 2035. This growth is primarily attributed to the rising demand for agricultural machinery, enhanced productivity in farming practices, and the increasing adoption of advanced farming technologies. Moreover, the expansion of the agricultural sector, coupled with the need for durable and efficient tires that can withstand various terrains, solidifies the market growth. Additionally, government initiatives aimed at modernizing agriculture in developing regions are likely to boost the market further. The rising focus on mechanization in agriculture, along with the continuous innovations in tire technology, are expected to add substantial momentum to the growth trajectory of the agriculture tire and tire cord market.

Growth Factor of the Market

The agriculture tire and tire cord market is experiencing robust growth due to several pivotal factors that are shaping the industry landscape. Firstly, the increasing mechanization of agriculture is pivotal, as farmers are progressively investing in modern machinery to enhance efficiency and productivity. This transition from traditional farming methods to mechanized solutions necessitates high-quality tires that can handle the demanding conditions of agricultural work. Secondly, advancements in tire technology, such as the development of specialized tires for specific applications and terrains, contribute significantly to market expansion. The need for tires that optimize performance, reduce soil compaction, and provide better traction is driving innovation in this sector. Furthermore, the growing focus on sustainability in agriculture is prompting manufacturers to design environmentally friendly tires, which further fuels market growth. The rise in the adoption of precision farming techniques is also contributing to the demand for tires equipped with features that support this trend, thus broadening the market's scope.

Key Highlights of the Market

• The agriculture tire and tire cord market is anticipated to grow significantly, reaching USD 7.3 billion by 2035.
• Technological advancements in tire manufacturing are leading to enhanced performance and durability.
• Increasing mechanization in agriculture is driving the demand for specialized tires.
• Focus on sustainability is leading to the development of eco-friendly tires.
• The expansion of the agricultural sector in developing economies is a key growth factor.

By Product Type

Bias Ply Tires:

Bias ply tires are widely used in the agriculture tire market due to their ability to withstand heavy loads and provide enhanced stability. These tires have a construction that allows them to flex more than radial tires, making them suitable for a variety of agricultural applications. Their design typically features layers of fabric laid at angles to the centerline of the tire, offering improved sidewall strength and flexibility. As such, bias ply tires remain an essential choice for older tractors and equipment, particularly in regions where agricultural practices have not yet transitioned to more modern technologies. Their affordability and reliability continue to keep them in demand, especially among smaller farms and agricultural operations that prioritize cost-effectiveness.

Radial Tires:

Radial tires have gained significant traction in the agriculture tire sector due to their superior performance characteristics, including enhanced traction, improved fuel efficiency, and better ride comfort. The radial construction provides a larger contact area with the ground, enabling better grip and reduced soil compaction, which is vital for maintaining soil health. Moreover, radial tires tend to have a longer lifespan than their bias ply counterparts, making them a more economical option over time. As farmers increasingly recognize the benefits of radial tires, their adoption is expected to rise, particularly for high-performance machinery such as modern tractors and harvesting equipment.

Airless Tires:

Airless tires represent an innovative advancement in agricultural tire technology, offering the significant advantage of eliminating the risk of punctures and pressure loss. These tires are designed to support heavy agricultural machinery while maintaining structural integrity without the need for air. This feature significantly reduces downtime for farmers, as they do not have to frequently check air pressures or deal with flat tires. Although still in the early adoption phase, airless tires are gaining interest, particularly among progressive farmers looking for ways to enhance operational efficiency and reduce maintenance costs. As technology improves and production techniques become more cost-effective, airless tires are expected to capture a larger share of the agriculture tire market.

Cross-Ply Tires:

Cross-ply tires, characterized by their unique construction where the plies are laid at angles that cross each other, offer a mix of flexibility and rigidity. These tires provide good traction and stability, making them suitable for various agricultural applications, including the transport of goods and equipment within farms. While they are not as widely used as bias or radial tires, they still hold a niche market due to their capability to handle certain operational demands effectively. Farmers who require tires that can perform under specific conditions may opt for cross-ply tires, particularly in regions where the terrain can be unpredictable. Their adaptability to different conditions can provide value in diverse agricultural environments.

Others:

The 'Others' category in the agriculture tire market encompasses a range of specialized tires designed for unique applications in agriculture. These may include tires for specific machinery such as seeders, tillers, and specialized harvesters that require tailored tire solutions to optimize performance. Additionally, this segment may also include various sizes and designs of tires that cater to unique farming needs or geographical conditions. While these tires may not represent a substantial market share compared to the major types, they play a crucial role in meeting the diverse requirements of agricultural operations. As the demand for customization in farming equipment grows, this segment is expected to expand, providing solutions for targeted applications.

By Application

Tractors:

Tractors are the cornerstone of modern agriculture, and the demand for high-quality tires to support their functionality is paramount. The tractor application segment is one of the largest in the agriculture tire market due to the widespread use of tractors across various farming operations. Tires designed specifically for tractors need to provide excellent traction, durability, and the ability to navigate diverse terrains. As tractors evolve with technological advancements, the tires need to adapt accordingly, providing farmers with the tools necessary for optimal performance in the field. With the increasing trend of precision farming and the requirement for larger, more powerful tractors, the demand for specialized tractor tires is expected to grow significantly in the coming years.

Harvesters:

Harvesters play a critical role in the agricultural sector, especially during the harvest season, and the demand for reliable tires that can withstand the rigors of this application is significant. Tires for harvesters are designed to provide excellent traction and stability on uneven and varied terrains. The ability to manage weight distribution and minimize soil compaction is also crucial in this application. As harvesters become more advanced, with features that allow for greater efficiency and speed, the tires must also evolve to match these capabilities. The growth in mechanized harvesting, driven by the need to increase production efficiency, is likely to elevate the demand for specialized harvester tires, solidifying their importance in the agriculture tire market.

Trailers:

Trailers are essential for transporting goods, equipment, and produce within agricultural operations, and the demand for high-performance tires in this segment is crucial. Agricultural trailers require tires that can handle heavy loads and provide stability during transit over various terrains. The tires need to offer durability and resistance to wear and tear, given the frequent movement and varying conditions they encounter. As farmers look to enhance operational efficiency through effective transportation solutions, the demand for specialized tires designed specifically for trailers is expected to grow. This segment also benefits from the overall growth of the agricultural sector, as increased production leads to a higher volume of goods needing transport.

Sprayers:

Sprayers are pivotal in modern agriculture for the application of fertilizers, pesticides, and herbicides, and the tires used for these machines must meet specific performance criteria. Tires for sprayers must provide excellent traction, especially in wet or uneven conditions, ensuring that the equipment operates effectively without getting stuck. The growth of precision agriculture has also led to the demand for sprayers that can operate efficiently in diverse field conditions, reinforcing the need for specialized tires. As the agricultural sector moves towards more environmentally friendly practices, the development of tires that support sprayers designed for such applications is anticipated to grow, enhancing their role in sustainable farming.

Others:

The 'Others' category in the application segment encompasses various specialized machinery within agriculture, such as tillers, seeders, and compactors. These machines have unique requirements for tires, often needing designs that cater to specific agricultural tasks. The versatility of this segment is crucial for enabling farmers to efficiently manage various aspects of their operations, from planting to land preparation. As the agricultural industry continues to innovate and evolve, the demand for specialized tires tailored to these unique applications is expected to rise, reflecting the broader trends in agricultural mechanization and efficiency.

By Distribution Channel

OEM:

The Original Equipment Manufacturer (OEM) distribution channel plays a significant role in the agriculture tire market, as manufacturers supply tires directly to equipment producers for new agricultural machinery. This segment is crucial because the quality of the tires supplied influences the performance and reliability of the machinery available in the market. OEMs often collaborate closely with tire manufacturers to develop products that meet the specific needs of agricultural equipment, ensuring compatibility and performance. As the demand for new agricultural machinery rises, especially with advancements in technology, the OEM channel is expected to witness significant growth, reflecting the overall expansion of the agriculture tire market.

Aftermarket:

The aftermarket distribution channel encompasses the sale of replacement tires and accessories for existing agricultural machinery. This segment is vital as it caters to farmers who need to maintain their equipment over time, replacing worn-out tires to ensure efficiency and safety. The growth of the aftermarket is driven by factors such as the lifespan of machinery, the need for regular maintenance, and the increasing awareness of the importance of using quality tires for agricultural operations. As the number of agricultural machines in use continues to rise, the aftermarket segment is projected to expand, providing opportunities for tire manufacturers to offer superior products and services tailored to the needs of farmers.

By Material Type

Nylon:

Nylon is a widely used material in the manufacture of agricultural tires, known for its strength and durability. Tires made with nylon fibers exhibit excellent resistance to wear and tear, making them suitable for the demanding conditions of agricultural work. The flexibility and lightweight characteristics of nylon also contribute to improved fuel efficiency and better overall performance in various terrains. As farmers increasingly seek tires that provide both longevity and effectiveness, the demand for nylon-based tires is anticipated to grow, particularly for tractors and other heavy machinery that require robust tires to withstand rigorous operational conditions.

Polyester:

Polyester is another commonly used material in agricultural tire manufacturing, known for its excellent tensile strength and resistance to environmental factors. Polyester tires are lightweight, which helps improve fuel efficiency while providing sufficient load-bearing capacity for various agricultural applications. The growth in the demand for polyester tires is largely fueled by their balance of performance and cost-effectiveness, making them a popular choice among farmers looking to optimize their machinery's efficiency. As technological advancements continue, the attributes of polyester tires are expected to evolve, catering to the specific needs of modern agricultural operations.

Steel:

Steel belted tires have gained prominence in the agriculture tire market due to their exceptional durability and resistance to punctures and abrasion. The steel belts reinforce the tire structure, providing enhanced stability and longevity, which is crucial for heavy agricultural machinery used in challenging environments. Farmers benefit from the reliability offered by steel belted tires, as they can withstand the demands of various agricultural tasks without frequent replacements. As the agricultural sector continues to mechanize and modernize, the demand for steel belted tires is likely to increase, reflecting the ongoing trend toward improved durability and performance in agricultural operations.

Rayon:

Rayon is a synthetic material that has garnered attention in the agricultural tire market due to its light weight and flexibility. Rayon tires offer a unique combination of comfort and performance, which is essential in minimizing soil compaction while maximizing traction. The use of rayon allows manufacturers to produce tires that are not only effective on tough terrains but also support sustainable farming practices by reducing the negative impact on soil quality. The demand for rayon tires is expected to grow as farmers increasingly seek materials that enhance both performance and sustainability, positioning rayon as a valuable option in the agriculture tire market.

Others:

The 'Others' category in the material type segment includes various innovative materials and composites that manufacturers are exploring to enhance tire performance. This may involve the use of blends or specialized formulations designed to meet specific agricultural needs, such as improved traction, reduced weight, or enhanced durability. As technology advances, the exploration of alternative materials is likely to increase, providing farmers with more options for achieving optimal performance in their machinery. This segment is expected to gain traction as manufacturers innovate to address the evolving demands of the agricultural sector.

By Region

The agriculture tire market exhibits significant regional diversity, driven largely by the varied agricultural practices and levels of mechanization across different parts of the world. North America holds a substantial share of the market, accounting for approximately 35% of the global revenue in 2025. The region benefits from advanced agricultural technologies and a high level of mechanization, with farmers increasingly adopting modern machinery for improved efficiency and productivity. The CAGR for the North American agriculture tire market is forecasted to be around 5.0%, reflecting the continuous growth in agricultural operations and the need for high-quality tires that cater to the demands of contemporary farming.

In Europe, the agriculture tire market is also expanding, driven by the region's focus on sustainable farming practices and innovations in agricultural technology. Europe accounts for about 30% of the global agriculture tire market, with significant investments in modernizing agricultural equipment to improve productivity and reduce environmental impact. The adoption of precision farming techniques and the demand for specialized tires that support these advancements are expected to propel the market's growth in the region. Asia Pacific, while still developing, is witnessing rapid growth in agricultural mechanization and is projected to capture approximately 25% of the market share by 2035, highlighting the region's potential for future expansion.

Opportunities

The agriculture tire market is poised for substantial opportunities driven by technological advancements and the increasing demand for sustainable agricultural practices. One of the most significant opportunities lies in the development of smart tires equipped with sensors that monitor tire pressure, temperature, and wear in real-time. Such advancements can provide farmers with valuable data, enabling them to optimize tire performance and extend longevity, ultimately leading to reduced operational costs. Additionally, there is a growing demand for tires designed for electric and hybrid agricultural machinery as the industry shifts towards more sustainable energy solutions. As more farmers adopt environmentally friendly practices, tire manufacturers can innovate to meet these evolving needs. Collaborations with machinery manufacturers to develop integrated solutions can further enhance market opportunities.

Moreover, the rising trend of precision agriculture presents an opportunity for the agriculture tire market to create specialized tires that cater to the specific needs of precision farming. These tires can help minimize soil compaction, enhance traction, and improve overall operational efficiency. As farmers seek to maximize yield while minimizing environmental impacts, the demand for specialized tires capable of supporting precision agriculture will grow. Furthermore, emerging markets in Asia, Africa, and Latin America present an untapped potential for agriculture tire manufacturers, as these regions continue to invest in modernizing agricultural practices. By establishing a presence in these developing markets, manufacturers can capitalize on the increasing need for efficient and durable agricultural tires.

Threats

While the agriculture tire market is witnessing growth, it also faces several threats that could hinder its expansion. One of the primary threats is the volatility of raw material prices, which can significantly impact production costs and profit margins for tire manufacturers. Fluctuations in oil prices, for instance, can lead to increased costs for synthetic rubber and other materials used in tire production, forcing manufacturers to either absorb these costs or pass them onto consumers. Moreover, the competition from low-cost import tires poses another challenge, as these products may appeal to cost-conscious farmers, potentially affecting the market share of established brands. Additionally, economic downturns or fluctuations in agricultural commodity prices can impact farmers' purchasing power, leading to reduced investments in new machinery and tires.

Another significant threat to the agriculture tire market is the increasing focus on alternative farming practices, such as organic farming, which may result in decreased demand for certain types of machinery and, consequently, the tires associated with them. As consumers increasingly demand sustainable and organic products, farmers may choose to adopt less mechanized farming techniques that do not require specialized tires, thereby impacting the overall market growth. Furthermore, regulatory changes regarding agricultural practices and environmental standards may impose additional costs on manufacturers and farmers alike, creating further challenges in adapting to new compliance requirements. The combination of these threats necessitates strategic planning and innovation within the agriculture tire market to maintain competitiveness and growth.

Competitor Outlook

• Michelin
• Goodyear
• Bridgestone
• Continental
• Trelleborg
• Yokohama
• Alliance Tire Group
• Sumitomo Rubber Industries
• BKT Tires
• Firestone
• Hankook Tire
• CEAT Ltd.
• Kenda Rubber Industrial Co. Ltd.
• Maxxis International
• Cooper Tire & Rubber Company

The competitive landscape of the agriculture tire market is characterized by a mix of established global players and regional manufacturers, each striving to capture market share through innovation and strategic partnerships. Major companies like Michelin, Goodyear, and Bridgestone dominate the market with a wide range of products designed specifically for agricultural applications. These companies invest significantly in research and development to create tires that meet the evolving needs of farmers, focusing on durability, performance, and sustainability. Their extensive distribution networks and brand reputation further enhance their competitive advantage in the market.

In addition to the major players, several regional manufacturers are also making their mark in the agriculture tire market by offering specialized products that cater to local needs. Companies like BKT Tires and Trelleborg are gaining traction by focusing on niche segments and developing innovative tire solutions tailored to specific agricultural practices and terrains. The increasing emphasis on sustainability is prompting many manufacturers to explore eco-friendly materials and production processes, aligning their offerings with the growing consumer demand for environmentally responsible products. This shift represents both a challenge and an opportunity as companies navigate the balance between performance and sustainability in their product development strategies.

Furthermore, collaborations and partnerships are becoming increasingly common as manufacturers seek to enhance their market presence and expand their product offerings. By working closely with agricultural machinery manufacturers, tire producers can ensure that their products are optimized for specific equipment, leading to improved performance and customer satisfaction. As the agricultural sector continues to evolve, the competitive landscape in the agriculture tire market is likely to witness further consolidation, with companies seeking to leverage their strengths to capture growth opportunities in both developed and emerging markets.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Goodyear
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Michelin
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Yokohama
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 BKT Tires
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 CEAT Ltd.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Firestone
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Trelleborg
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Bridgestone
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Continental
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Hankook Tire
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Alliance Tire Group
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Maxxis International
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Sumitomo Rubber Industries
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Cooper Tire & Rubber Company
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Kenda Rubber Industrial Co. Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Agriculture Tire & Tire Cord Market, By Application
    • 6.1.1 Tractors
    • 6.1.2 Harvesters
    • 6.1.3 Trailers
    • 6.1.4 Sprayers
    • 6.1.5 Others
  • 6.2 Agriculture Tire & Tire Cord Market, By Product Type
    • 6.2.1 Bias Ply Tires
    • 6.2.2 Radial Tires
    • 6.2.3 Airless Tires
    • 6.2.4 Cross-Ply Tires
    • 6.2.5 Others
  • 6.3 Agriculture Tire & Tire Cord Market, By Material Type
    • 6.3.1 Nylon
    • 6.3.2 Polyester
    • 6.3.3 Steel
    • 6.3.4 Rayon
    • 6.3.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Agriculture Tire & Tire Cord Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Agriculture Tire & Tire Cord market is categorized based on

By Product Type

• Bias Ply Tires
• Radial Tires
• Airless Tires
• Cross-Ply Tires
• Others

By Application

• Tractors
• Harvesters
• Trailers
• Sprayers
• Others

By Material Type

• Nylon
• Polyester
• Steel
• Rayon
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Michelin
• Goodyear
• Bridgestone
• Continental
• Trelleborg
• Yokohama
• Alliance Tire Group
• Sumitomo Rubber Industries
• BKT Tires
• Firestone
• Hankook Tire
• CEAT Ltd.
• Kenda Rubber Industrial Co. Ltd.
• Maxxis International
• Cooper Tire & Rubber Company