Rising Demand for All-terrain Vehicles is Driving the Off Road Tires Market

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The global off-road tires market is estimated to be valued at US$ 18.65 billion in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024-2031.

The Off Road Tires market offers a wide range of tires that are designed to handle rough terrains and provide optimal traction on various surfaces like dirt, mud, gravel or sand. Popular for ATVs, SUVs, jeeps and other off-road vehicles, these tires feature an aggressive tread pattern, sturdy sidewalls and a deep void area for effective mud evacuation. 

 

Off Road Tires Market Size is increasing sales of SUVs, jeeps and pickup trucks along with the rising popularity of off-roading as a sport has led to surging demand for rugged off-road tires across the world.

Growing interest in adventure sports and recreational activities has augured well for the sales of all-terrain vehicles in recent years, subsequently increasing the demand for off-road compatible tires. Operating in those volatile regions has become risky for tire companies. The demand for off road tires is witnessing a decline in those areas due to economic slowdown and infrastructure projects coming to a halt.

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