TECHGuru

  Tractor Tire Market: Introduction Agriculture tires are used as a major application on various agriculture equipment such as harvesters, sprayers, and others including tractors Increase in use of tractors for various agricultural activities is driving the wear of their tires, which in turn is driving the global tractor tire market Key Drivers of Tractor Tire Market The global population has increased considerably. According to data published by United Nations in World Population Prospects 2019, the worldwide population has increased from 7.3 billion in 2015 to 7.7 billion in 2019, and it is projected increase to 8.5 billion by 2030. This increase in population has fueled the demand for food globally. OECD-FAO Agricultural Outlook 2019-2028 report states that the demand for agricultural products is estimated to rise by 15% in the next decade. Consequently, agricultural activities are increasing worldwide to cater to this rise in demand for food, which in turn fuels the wear & ...