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Worldwide OTR Tires Industry to 2026 - Key Drivers, Restraints and Opportunities

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Increasing preference for utilizing advanced and modern equipment in agricultural activities has significantly favored tractors' adoption, which boosts the OTR tires market demand. With the rising population globally, food production has increased, which is a factor fueling the demand for tractors and agriculture equipment vehicles, therefore driving the market growth of OTR tires.
The OTR Tires Market is expected to grow at the rate of 3.4% CAGR by 2026. The OTR tires or off-the-road tires are made up of resistant compounds to provide proper grip on rough surfaces, including mud, stones, or sand. The tires have in-depth and strong treads which can be deployed to any vehicle. These tires are mainly designed to be used in extreme situations and provide safety, high performance, and quality. In the mining and construction areas, the surface is uneven and rough since the OTR tires are considered compatible with the vehicles. However, the vast expenditure incurred in research and development is likely to hamper the OTR tires market.

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Worldwide OTR Tires Industry to 2026 - Key Drivers, Restraints and Opportunities

Worldwide OTR Tires Industry to 2026 - Key Drivers, Restraints and Opportunities
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Tuesday, April 13, 2021 - News Archive - The Auto Channel

DOWNERS GROVE, Ill., April 13, 2021 -- Dover Fueling Solutions ("DFS"), a part of Dover and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, today announced the launch of OPW Fuel Management Systems' Petro Vend® 300E (PV300E) ...
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TORONTO, April 13, 2021 - EBlock announces that John Brasher will join the executive leadership team as the Chief Operating Officer, focused on the company's rapid expansion into the United States market. Brasher brings more than 30 years of automotive auction knowledge and experience to the senior leadership team. ...
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DALLAS--RumbleOn, Inc. (the "Company"), an ecommerce company using innovative technology to aggregate and distribute pre-owned vehicles to and from both consumers and dealers, today announced the closing of its previously announced underwritten public offering of 1,048,998 shares of its Class B Common Stock, par value ...

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