Search

New mining machinery are driving demand for all-steel radial tyres

Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.

Entering an era of transformation

Off-the-road tyre manufacturers and suppliers are facing brand-new difficulties as a result of technological advancements and evolving end-user needs that are pushing the market into uncharted terrain.

Electric Construction Machinery on the Rise

Electric machinery often requires less maintenance and has a longer lifespan compared to its diesel counterparts, making them a more cost-effective solution in the long run.

JK Tyre launches 3 new tyres for the off-road segment

JK Tyre launches 3 new tyres at Bauma CONEXPO 2023

Bauma CONEXPO INDIA 2023 - Highlights

The trade fair for construction equipment industry garners excitement!

We introduce around 80- 90 new products every year

Ashok Chhajer, Senior General Manager – OE Sales, BKT Tires, speaks on the current market size of OTR tyres for the mining segment in India, and outlook on the OTR tyre market beyond 2022.

“We will be launching 63-inch tyres for the Indian market.”

Tractors and earthmoving equipment are the major demand drivers of OTR tyres,” says Prasanta Ganguly, Head – OTR Marketing (Domestic Sales), Balkrishna Industries (BKT).

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

BKT to focus on mining products at excon

BKT, the Indian multinational group and a global player in the off-highway tyre market, is all set to cross a billion dollars this year with India contributing 20 per cent and exports of 80 per cent.

OTR tyre market has bright prospect

India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.

OTR tyres on the move

With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.

Coal mining is expected to drive demand

PK Ganguly, Head – Marketing (Domestic Sales), Balkrishna Industries, shares his thoughts on the market scenario and how the company is gearing up to meet the growing demands in the market.

OTR Tyre Market Insights

The OTR tyre industry in India is anticipated to exhibit significant growth by 2025, if the government targets to complete all the planned projects within the desired time frame, writes Karan Chechi.

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

Hydraulic Power

Construction and mining equipment use hydraulic power to perform heavy-duty applications.

We aim to grab 25 per cent market share in five years

ATG has wide range of radial OTR tyres for loaders, graders, dumpers etc and we see a very good response from the market. Harinder Singh, President - APAC, Alliance Tire Group (ATG), elaborates on the market scenario and company's plans.

Rolling ahead

The Indian off-the-road (OTR) tyre market is becoming more competitive in the global space with the presence of a mix of national and international players.

RIDING ON INFRA PUSH

Growth in the construction and material handling equipment market has pushed the prospects of small and medium range OTR tyres.

CE components market overview

The components, accessories and spares market is all set for a renewed growth in future in the light of increased construction activities.

Moving Ahead

OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc

ON THE MOVE

Off-the-road (OTR) tyres are largely used in vehicles, equipment and machinery employed in agriculture, mining, construction and industrial sectors. Consequently, any changes or fluctuations in the said sectors directly influences the growth of OTR tyre market.

Geared Drives | Evolving

Essential for mechanical power transmission throughout the powertrain of an equipment, geared drives play an important role in the overall efficiency of the equipment.

Advantage Radials

Radial-ply tyres offer a distinct advantage over bias-ply tyres. They may cost more, but they offer better productivity, higher cost savings, and comfort, writes Bhushan Mhapralkar. Earthmoving and construction equipment operate in a different environment from that of an automobile.

We expect the benefits of radial technology to generate an increasing demand.

The radial tyres developed by Michelin reduce machine downtime, increase productivity on loaders by providing better grip and decrease fuel consumption by 5-6 per cent on an average. One can easily imagine what can be the impact on the fuel bill for large fleets, says Harkesh Jaggi, Commercial Director Earthmover and Industrial Tyres, Michelin India. Excerpts of the interview.

Digital Edition