Summary

Market Overview
The India Agriculture Tire Market was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.6 billion by 2030, growing at a CAGR of 5.75%. The market is witnessing significant momentum driven by increased mechanization across the farming sector. As a country with a predominantly agrarian economy, India has seen a surge in demand for durable, high-performance tires compatible with a range of agricultural machinery, including tractors and harvesters. Record tractor sales—reaching 894,112 units in 2024—reflect strong market sentiment. Government subsidies promoting advanced farm equipment, evolving tire technologies, and the necessity to enhance agricultural productivity are boosting demand further. Additionally, regional diversity in soil conditions across India creates a need for specialized tire designs tailored to specific terrains, such as deep-tread tires for clay soils and wide-tread tires for sandy areas, enhancing the market’s complexity and growth potential.
Key Market Drivers
Agricultural Productivity and Land Usage
The core driver of the India Agriculture Tire Market is the country's heavy reliance on agriculture, which employs a large segment of the population. The demand for specialized, high-durability tires is directly influenced by the expansion of farmland and the adoption of advanced agricultural practices. As farming operations scale up and modernize, the need for efficient tires to support heavy-duty equipment grows. For instance, India’s agriculture sector recorded an average annual growth rate of 5% between FY2017 and FY2023, with farm income rising 5.23% annually over the past decade. In 2024, kharif foodgrain production is projected to reach 1,647.05 LMT, marking an increase of 89.37 LMT from the previous year.
Key Market Challenges
Price Volatility and Cost Concerns
A major challenge in the India Agriculture Tire Market lies in the fluctuating costs of raw materials like rubber and steel, which are critical for tire manufacturing. These global price variations make it difficult for manufacturers to maintain consistent pricing structures. Additionally, producing premium-quality tires with robust performance features involves high production costs, which are often transferred to the end consumers—mainly farmers—who are highly cost-sensitive. This dynamic creates pricing pressure and limits market accessibility, affecting the overall competitiveness and stability of the sector.
Key Market Trends
Shift Towards Radial Tires
An emerging trend in the India Agriculture Tire Market is the rising preference for radial tires over traditional bias-ply variants. Radial tires are gaining popularity due to their superior traction, lower soil compaction, and enhanced fuel efficiency. These features align well with the needs of modern agricultural equipment and support improved field performance. As farm mechanization accelerates across the country, the adoption of radial tires is increasing. Manufacturers are addressing this shift by expanding their radial tire product lines, offering new models and specifications to meet evolving agricultural demands. This transition is expected to continue as efficiency and sustainability become central priorities for Indian farmers.
Key Market Players
• Bridgestone Corp.
• Continental AG
• Balakrishna Industries Limited
• Titan International Inc.
• Trelleborg AB
• Michelin
• Nokian Tyres PLC
• Pirelli & C SpA (Prometeon Tyre Group)
• Alliance Tire Group
• Apollo Tyres
Report Scope:
In this report, the India Agriculture Tire Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
• India Agriculture Tire Market, By Vehicle Type:
o Tractors
o Combine Harvesters
o Trailers
o Others
• India Agriculture Tire Market, By Demand Category:
o OEM
o Aftermarket
• India Agriculture Tire Market, By Region:
o North
o East
o West
o South
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the India Agriculture Tire Market.
Available Customizations:
India Agriculture Tire Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).

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Table of Contents

1. Introduction
1.1. Research Tenure Considered
1.2. Market Definition
1.3. Scope of the Market
1.4. Markets Covered
1.5. Years Considered for Study
1.6. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
4. India Agriculture Tire Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Vehicle Type Market Share Analysis (Tractors, Combine Harvesters, Trailers, Others)
4.2.2. By Demand Category Market Share Analysis (OEM Vs. Aftermarket)
4.2.3. By Regional Market Share Analysis (North, West, South, East)
4.2.4. By Top 5 Companies Market Share Analysis, Others (2024)
4.3. India Agriculture Tire Market Mapping & Opportunity Assessment
5. North India Agriculture Tire Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Vehicle Type Market Share Analysis
5.2.2. By Demand Category Market Share Analysis
6. West India Agriculture Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis
6.2.2. By Demand Category Market Share Analysis
7. South India Agriculture Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Vehicle Type Market Share Analysis
7.2.2. By Demand Category Market Share Analysis
8. East India Agriculture Tire Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Vehicle Type Market Share Analysis
8.2.2. By Demand Category Market Share Analysis
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Policy and Regulatory Landscape
12. Economic Profile
13. Porters Five Forces Analysis
14. Competitive Landscape
14.1. Company Profiles
14.1.1. Bridgestone Corp.
14.1.1.1. Company Details
14.1.1.2. Products
14.1.1.3. Financials (As Per Availability)
14.1.1.4. Key Market Focus & Geographical Presence
14.1.1.5. Recent Developments
14.1.1.6. Key Management Personnel
14.1.2. Continental AG
14.1.3. Balakrishna Industries Limited
14.1.4. Titan International Inc.
14.1.5. Trelleborg AB
14.1.6. Michelin
14.1.7. Nokian Tyres PLC
14.1.8. Pirelli & C SpA (Prometeon Tyre Group)
14.1.9. Alliance Tire Group
14.1.10. Apollo Tyres
15. Strategic Recommendations
16. About Us & Disclaimer