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Agriculture Tires Market in Canada to Grow at a CAGR of 3.34% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Agriculture Tires Market in Canada 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 04/15/2015 -- Report forecast the Agriculture Tires market in Canada to grow at a CAGR of 3.34 percent over the period 2014-2019.

Tires are an integral component of automobiles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufacturing tires. Agriculture tires are used in different agriculture vehicles and equipment such as tractors, sowers, and harvesters. The use of advanced equipment has had a significant improvement on crop yield and hence, is leading to cultivators and farmers increasingly using agriculture vehicles and equipment. There is a wide scope for agriculture tires in Canada as the country is one of the biggest exporters of cereals such as barley.

The report covers the present scenario and the growth prospects of the Agriculture Tires market in Canada for the period 2015-2019. The market is segmented into two based on application: Tractors and Self-prop Combines. To calculate the market size, the report considers the combined sales of products in these two segments.

According to the report, increase in farm mechanization is one of the major factors driving the market. Mechanization of farms with tractors and other equipment plays a crucial role in increasing productivity. Several labor-intensive activities have been completely replaced by farm equipment.

Further, the report states that stubble problems are key issues being faced by the market. Farmers are faced with the continual problem of stubble, and this also affects tire dealers and manufacturers. Tire dealers and manufacturers have to face liability issues related to stubble damage warranties. GM crops are gaining popularity worldwide and are the main concern for tire dealers and manufacturers

The Agriculture Tires Market in Canada 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the Agriculture Tires market in Canada and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key players in the Agriculture Tires Market in Canada: Balkrishna Industries, Bridgestone Corp., Michelin, Titan Tire Corp. and Trelleborg

Other Prominent Vendors in the market are: Akuret, Alliance, American Farmer, Armour Tires, Duro Tires, Carlisle, Harvest King and Mitas

Key Market Driver
- Easy Credit Options
- For a full, detailed list, view our report

Key Market Challenge
- Increased Farm Tire Sizes
- For a full, detailed list, view our report

Key Market Trend
- Stubble Resistant Tires
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 77 pages, "Agriculture Tires Market in Canada 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Tire Manufacturing, Tire Testing, Canada: Overview, Market Landscape, Market Segmentation by Application, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Tire Disposal, Vendor Landscape, Key Vendor Analysis.

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