Megaprojects will spike OTR tire sales

NEW YORK, NY -- 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% a year for the next half decade. According to a new report called Global OTR Tire Market Forecast and Opportunities, 2022, the OTR tire market is expected to surpass the US $30-billion mark by 2022. The research, conducted by New-York-based TechSci Research also predicts higher OTR tire prices.