Underground Mining Tire Market

Underground Mining tire is a kind of tire used by Underground mining equipment, such as mining truck, mining loader, etc.

In the coming years there is an increasing demand for Mining Tire in the regions of United States and Europe that is expected to drive the market for more advanced Mining Tire. Growth in government budgets in the principal countries, increasing of mining fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Mining Tire will drive growth in United States and Europe markets.

Underground Mining Tire Market contains market size and forecasts of Underground Mining Tire in global, including the following market information:

Global Underground Mining Tire Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Underground Mining Tire Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Underground Mining Tire companies in 2021 (%)

The global Underground Mining Tire market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Rim DiameterBelow 49 inch Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Underground Mining Tire include Bridgestone, Michelin, Titan Tire, Chem China, Yokohama, Goodyear, Continental, Zhongce Rubber and Guizhou Tire, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Underground Mining Tire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Underground Mining Tire Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Underground Mining Tire Market Segment Percentages, by Type, 2021 (%)

• Rim DiameterBelow 49 inch
• Rim DiameterAbove 49 inch

Global Underground Mining Tire Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Underground Mining Tire Market Segment Percentages, by Application, 2021 (%)

• Truck
• Loader
• Bulldozer
• Others

Global Underground Mining Tire Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Underground Mining Tire Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Underground Mining Tire revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Underground Mining Tire revenues share in global market, 2021 (%)
• Key companies Underground Mining Tire sales in global market, 2017-2022 (Estimated), (Units)
• Key companies Underground Mining Tire sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Bridgestone
• Michelin
• Titan Tire
• Chem China
• Yokohama
• Goodyear
• Continental
• Zhongce Rubber
• Guizhou Tire
• BKT
• Double Coin Holdings
• Apollo Tyres
• Triangle Tyre
• Techking Tires