India Off Highway Vehicle Tyre Market 2031 Emerging Trends

Despite the performance advantages of radial and premium off-highway tyres, their adoption is hampered by the relatively high upfront costs.

Henry_Markwood

Aug 8, 2025 - 08:36

India Off Highway Vehicle Tyre Market 2031 Emerging Trends

Market Overview

According to the latest industry analysis, the India Off-Highway Vehicle Tyre Market was valued at USD 1.22 billion in 2025 and is projected to reach USD 1.69 billion by 2031, growing at a CAGR of 5.52% during the forecast period. This growth is being fueled by multiple factors including technological advancements in tyre design, increasing mechanization in agriculture, a surge in construction activities, and the rapid development of India’s logistics and manufacturing sectors.

Off-highway vehicle tyres are a specialized segment designed to meet the demands of equipment operating in rugged terrains, heavy-duty industrial zones, farms, and mining sites. Unlike standard automotive tyres, OHV tyres are engineered to withstand extreme load conditions, irregular surfaces, and diverse climatic environments. With India witnessing a major push towards infrastructure modernization, sustainable agriculture, and industrial efficiency, the demand for high-performance OHV tyres is entering a new growth phase.

Market Dynamics Driving Growth

The transformation of the OHV tyre market is closely linked to the evolution of India’s industrial and agricultural landscape. Factors such as increased equipment usage, technological adoption, and changing consumer preferences are reshaping market demand.

1. Rising Mechanization Across Sectors

Mechanization in agriculture and construction has expanded beyond traditional uses. Tractors, harvesters, loaders, excavators, and mining vehicles now form a significant part of India’s heavy machinery fleet, all of which require durable and application-specific tyres. Farmers are increasingly using precision farming tools, which demand tyres with better traction and minimal soil compaction.

2. Growth in Material Handling & Logistics

The rapid development of multi-modal logistics parks, freight terminals, and industrial warehouses has accelerated the usage of forklifts, telehandlers, and compact loaders. These machines require specialized tyres with high maneuverability, load-bearing capacity, and resistance to wear and tear.

3. Replacement Market Momentum

The replacement tyre segment is emerging as the fastest-growing category. High equipment utilization in mining, agriculture, and construction leads to accelerated wear, prompting frequent tyre replacements. Fleet operators prioritize uptime, investing in premium tyres with longer service lives, retreadable capabilities, and fuel efficiency benefits.

4. Regional Growth Trends

South India has emerged as the fastest-growing regional market due to its strong industrial base, advanced farming techniques, and infrastructure development projects. The presence of manufacturing hubs and well-established distribution networks further enhances market penetration in this region.

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Emerging Trends in the India OHV Tyre Market

The India OHV tyre industry is not just expanding — it’s evolving. The next decade will be defined by innovation, sustainability, and customer-centric product development.

1. Smart Tyre Technologies

Manufacturers are integrating real-time tyre pressure monitoring systems (TPMS) and heat-resistant compounds into product lines. These innovations improve performance, prevent breakdowns, and help fleet operators extend service intervals.

2. Sustainability and Eco-Friendly Tyres

Government regulations and corporate sustainability goals are pushing for low-emission and energy-efficient tyres. Tyres with reduced rolling resistance not only save fuel but also lower greenhouse gas emissions.

3. Application-Specific Design

OEMs and aftermarket suppliers are introducing terrain-specific tread patterns and hybrid tyre designs. Radial tyres are gaining traction due to better stability, reduced heat build-up, and increased comfort for operators.

4. Digital Integration in Fleet Management

Advanced tyres now integrate with fleet management software, enabling predictive maintenance, better lifecycle cost tracking, and optimized equipment performance.

Market Drivers

1. Infrastructure Development

Large-scale government projects like metro rail networks, expressways, industrial corridors, and smart cities are driving demand for construction and earthmoving equipment — and by extension, OHV tyres.

2. Agricultural Modernization

With a growing population and rising food demand, India’s agricultural sector is adopting high-horsepower tractors, harvesters, and tillage machinery, fueling demand for durable tyres capable of operating in diverse terrains.

3. Expansion of Mining Operations

The demand for coal, iron ore, and other minerals is increasing, driving the use of heavy-duty mining vehicles that require extra-tough tyres with high puncture resistance and stability.

4. Growing Equipment Rental Market

Rental services for agricultural and construction machinery are booming, which increases tyre turnover rates due to high utilization.

Industry Key Highlights

Market Value (2025): USD 1.22 Billion
Forecast Value (2031): USD 1.69 Billion
CAGR (2025–2031): 5.52%
Fastest Growing Region: South India
Fastest Growing Segment: Replacement category
Key Demand Drivers: Infrastructure, agriculture, mining, logistics
Key Technology Trend: Smart tyre monitoring systems
Sustainability Push: Low rolling resistance & eco-friendly materials
Top Players: Apollo Tyres, BKT, Bridgestone, CEAT, Continental, JK Tyre, Michelin, MRF, Goodyear, Pirelli

Future Outlook

The India OHV tyre market is poised for robust growth over the next decade.
By 2031, technological innovation, sustainability, and regional industrialization will shape product demand. Electric-powered construction and agricultural machinery will create new tyre design requirements focusing on energy efficiency and noise reduction. Additionally, AI-driven predictive maintenance tools will become mainstream, offering insights into tyre health and replacement cycles.

The replacement segment will remain the dominant revenue generator due to intense machine usage, while radial tyres will continue to gain share over bias tyres, thanks to their superior performance and durability.

Competitive Analysis

The India OHV tyre market is highly competitive, with both domestic and global players competing on quality, pricing, and distribution reach.

Key players include:

Apollo Tyres Limited
Balkrishna Industries Limited (BKT)
Bridgestone Corporation
CEAT Limited
Continental AG
JK Tyre & Industries Limited
Michelin
MRF Limited
The Goodyear Tire & Rubber Company
Pirelli & C. S.p.A.

These companies invest heavily in R&D, focusing on radial technology adoption, tread design innovation, and sustainability initiatives. Many are also expanding their aftermarket service networks to capture the growing replacement segment.