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OTR construction tire market recovering after destructive 2020 - Vimarsana News

OTR construction tire market recovering after destructive 2020

Print AKRON — Of the three OTR tire markets, construction took the biggest hit during the pandemic last year, but the industry seems to be recovering this year. "Overall, there was a decrease in construction-related activity due to the COVID-19 pandemic, which affected the OE and replacement tire market in 2020. However, all signs point to a better year in 2021, which is great news," said Paul Hawkins, senior vice president, aftermarket sales, North America, for Titan International Inc. "The markets took a dip in 2020 — mainly in Q2 and Q3 — as COVID-related shutdowns and quarantines t...

Our View: Message of hope for 2021 OTR market - Vimarsana News

Our View: Message of hope for 2021 OTR market

Last year at this time, we wrote that many experts in the tire industry were expecting the off-the-road (OTR) tire market to remain flat.In fact, we said it is "reasonable to believe that tire dealers will find the OTR market as rugged as the terrain the tires tend to navigate."Flat would have been…