Megaprojects will spike OTR tire sales

NEW YORK, N.Y.– If the market for off-road tires is any indication–and it is–mining, forestry, industrial and mega-project activity around the world will expand by about 8% percent a year for the next half decade. According to a new report called “Global OTR Tire Market Forecast & Opportunities, 2022,” the OTR tire market is expected to surpass the $30-billion mark by 2022. The research, conducted by New-York-based TechSci Research also predicts higher OTR tire prices. …Read the rest of this story

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