QYR Market Research Global Off-The-Road Tyre market research | Page 4
QYR
• The production and sales volume of OTR tires is directly
affected by downstream industries and global economy.
Over the past six years, the market of construction and
mining equipment has experienced fast growth and decline,
as well as the OTR Tires market. The demand of OTR Tires
reached a peak in 2013, just as what the construction and
mining equipment industry experienced. And over the past
two years, the OTR tires industry has faced decline which
seems almost hard to bear for related enterprises.