Global Field Sprayers Tire Market Sluggish Growth Rate Foreseen by 2022-2028

The global field sprayers tire market is anticipated to grow at a significant CAGR of 2.7% during the forecast period (2022-2028). Field sprayers tier is machinery that assist agriculturists to spray pesticides, herbicides, or other agrochemicals over the crops. This  are also sometimes called boom spraying tires or broadcast spraying tires. This are typically larger in diameter than standard passenger car or light truck tires and it provide the necessary ground clearance and stability when traveling over rough fields on agriculture farm. As this tire are one of the main parts of this machinery that needs to be replaced from time to time for better performance. Due to the use of this tire in wide are of agriculture for spraying is increasing the demand for this tire based product and that in turn driving market growth.

The factors that promoting the growth of this market are  increase the need for sustainable agricultural practices and technological advances in radial field sprayers tire that increase their efficiency best on biased agricultural tires. The growing demand for radial tires in the agricultural sector is anticipated to further the growth of the field sprayer tire market across the globe. To achieve higher crop yields, farmers are now switching to advanced technology and modern equipment such as sprayers or tractor tires. The tractors are designed so that they can operate lower and higher with greater accuracy and precision,. In addition, the growing demand from emerging markets such as China and India and the growing level of adoption of farm machinery in emerging countries are expected to further growth the field sprayers tire market during the forecasted period.

Some major players in the market include, Aichi, CEAT Ltd., Continental AG, Casmo, Hankook, Michelin, Mitas, and Trelleborg,  among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance,

• In May 2022, Michelin has launched a new low-pressure tyre range designed specifically for self-propelled sprayers – the MICHELIN SprayBib CFO (Cyclical Field Operation*). It SprayBib CFO offers superb longevity thanks to wide, robust tread lugs – and is also equipped with far more lugs than a standard sprayer tyre.
• In December 2021, Mitas has launched two new high-capacity (HC) radial tires for application to the next generation of self-propelled agricultural sprayers. The company’s HC 1000 line will now feature two new NRO (Narrow Rim Option) tires in sizes VF 650/65R38 and VF 750/60R46.
• In June 2021, CEAT Specialty, expanded it protfilio with the lunching of the Spraymax VF, specifically designed and developed for self-propelled sprayers on VF technology tires. The Spraymax VF has been designed in such a way that it can carry 40% more load than a standard radial tire, or the same load as a standard radial but with 40% less pressure.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Aichi, CEAT Ltd., Continental AG, Casmo, Hankook, Michelin, Mitas, and Trelleborg, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Field Sprayers Tire Market Report by Segment

By Type

• Pneumatic
• Solid
• Polyurethane

By Application

• OEM
• Aftermarket