Maxam chosen as OE tire for Caterpillar 982M Medium Wheel Loaders

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Maxam Tire North America announced that Caterpillar has approved the 875/65R29 Maxam MS405 L4 tire for use on specific Cat 982M Medium Wheel Loaders.

“The MS405 was designed to thrive under extreme and rugged conditions, exceed expectations and deliver value. Furthermore, Maxam has the support of the Global Dealer Servicing Network with over 1,800 strong and growing allowing for ease of access to the full product line,” says Troy Kline, President at Maxam Tire North America.

Read the source article at Traction News

OTR tire conference to feature wide array of speakers

Author Steve Gilliland will discuss how the conscious choices people make every day impact the lives of others during a motivational speech on the final day of the 2020 Off-the-Road Tire Conference, presented by the Tire Industry Association (TIA). …

The program on Feb. 20 will begin with U.S. and Canadian Economic Forecasts presented by TIA’s Kevin Rohlwing, senior vice president of training, and Glenn Maidment, president of the Tire and Rubber Association of Canada. An End-User Panel will follow, moderated by Modern Tire Dealer Publisher Greg Smith. Panelists include Robert Smart, procurement category manager, mobile equipment, Martin Marietta, and Lonnie Sullivan, strategic sourcing manager, mobile equipment, Vulcan Materials Co.

 

Read the source article at Auto Service World

Author Steve Gilliland to address 2020 OTR Tire Conference

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The Tire Industry Association announced author Steve Gilliland will speak at the 2020 OTR Tire conference and will discuss how the conscious choices people make every day impact the lives of others in a motivational speech on the final day of the conference.

Titled “Making a Difference,” the speech will detail how to positively influence people in every imaginable way, regardless of position or status. Gilliland’s speech is sponsored by BKT USA Inc.

© Tire Industry Association

Read the source article at Traction News

GRI to display Green series OTR tires in Spain

COLOMBO, Sri Lanka—Global Rubber Industries Pvt. Ltd. will showcase its Green XLR 65 agriculture tires at the FIMA Agricola, an international fair of agricultural machinery to be held Feb. 25-29 in Zaragoza, Spain.

Read the source article at Rubber and Plastics News

BKT Renews Monster Jam Partnership Until 2026

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BKT and Feld Motor Sports, the promotor of the Monster Jam show, have extended their partnership until 2026.

BKT is currently working on the development of the third generation of its 66-in. tire for these trucks. The company says the tire features excellent stability thanks to a particular shoulder design enabling it to bounce back at the moment of the impact and regain stability after landing from 10 meters high.

Read the source article at Tire Review

Yokohama’s Bruce Besancon To Keynote 2020 Off-The-Road Tire Conference

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Bruce Besancon, VP of off-the-road sales for Yokohama Tire Corp., will deliver the keynote address at the 65th annual Tire Industry Association (TIA) Off-the-Road Tire Conference Feb. 19-21 at the Renaissance Esmeralda Resort & Spa in Indian Wells, California.

The topic of his speech, scheduled for Friday, Feb. 21, will be “Predicting the Future of OTR Tires by Looking at the Past and Present.”

Read the source article at Aftermarket News

Continental launches new intelligent tires at Agritechnica 2019

Continental Tire is launching new VF TractorMaster Hybrid with intelligent sensors for digital tire monitoring at Agritechnica 2019.

The new hybrid tires incorporate pressure sensors to help the operator minimize soil compaction in the field and reduce wear on the road, as well as the proven systems ContiPressureCheck for single vehicles and ContiConnect for fleets as smart solutions for the agricultural industry.

Read the source article at Traction News

Commerce finds no dumping from two Chinese OTR tire makers

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WASHINGTON — Two Chinese producers of off-the-road tires did not sell their products at less than fair value in the U.S. between Sept. 1, 2017, and Aug. 31, 2018, the U.S. Department of Commerce ruled.

Read the source article at Tire Business

Hankook Tire unveils all-new Dynapro MT2 off-road tire

Hankook Tire unveils the all-new Dynapro MT2 off-road tire, the successor of the popular off-road-focused Dynapro MT tire. The company says the new Dynapro MT2 mud terrain tire features next-generation MT tread design ideal for outdoor enthusiasts.

Engineered with 3D simulation software, Hankook leveraged the latest tire manufacturing processes to develop the Dynapro MT2’s Terrain Strike Tread Design.

Read the source article at Traction News

OTR tire market growth supported by increased activity in emerging markets

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OTR tire market growth supported by increased activity in emerging markets

Growing mechanization and infrastructure development in emerging markets is increasing demand for agriculture, construction and mining equipment as well as off-the-road tires.

According to a report from Smithers, The Future of Off-the-Road Tires to 2024, the global market for off-the-road (OTR) tires is estimated to be more than 4 million metric tons in 2019, corresponding to a value of $27.5 billion. A five-year compound annual growth rate (CAGR) of 3.8% to 2024 in volume and 4.8% per year in value is expected.

Construction and industrial activity have been leading market supports and drivers in the recent past, but going forward, growth will be more balanced among end-use sectors. For example, improving commodity prices are supporting the mining industry, while economic and population growth are supporting the construction, agriculture, manufacturing and shipping sectors. From an equipment perspective, development of new machines for these industries is driving OTR tire innovation. Products that can handle increased load demands and communicate their condition are now the focus.

 

Volume from mining and construction sectors

The mining and construction segments will continue to represent more than half of the market by volume. Mining and construction growth over the last several years has been restrained by the effects of soft energy and metals prices, but the aggregate mining segment (aggregate used in construction) has helped the overall market grow. Meanwhile, construction, as well as agriculture and industrial, are performing in line with overall economic growth.

Increased demand for agriculture tractors, and construction and mining equipment is being seen in developing countries. The construction and industrial segments have continued their steady market-leading performances from the prior period, 2014-19. As before, only the growth of the smallest end-use segment, the industrial market, will outpace the market as a whole. The increase in manufacturing in developing economies is projected to drive the market for industrial equipment tires. Increased industrial automation is also projected to influence the OTR tires.

 

Regional development

As global economies recover, stabilize and resume growth, all regional markets are expected to grow through 2024. As with many other tire markets, the relatively strong economic performance of developing economies greatly influences the distribution of growth opportunities. With large mining, construction, agricultural and industrial bases in place, the Asia Pacific market is already by far the largest; nearly as large as the more mature North American (including Mexican) and European (including Russian) markets combined. Further growth in Asia Pacific is supported by increasing population, higher levels of agricultural mechanization, recovery in mining, and ongoing construction activity.

 

Changing end-user requirements

Across end-use segments, load requirements are increasing, and tire product and services are a critical element in avoiding downtime. Equipment automation and the use of Big Data and predictive analytics are transforming the OTR tire business into a closer collaboration between OEMs, tire manufacturers and dealers.

Over the next five years, the industry will be more driven by data use, predictive analytics and automation — shifting from a transactional-focused model to a solutions-oriented approach. The mining and construction OTR segments will drive much of this change with OTR tires using integrated sensors for tire monitoring and management.

 

Regulation and standardization

Governments play a key role in shaping trade, driving demand and inspiring product evolution (e.g., sustainability, and potentially standardization). Government spending is also a critical supporter of OTR tire demand related to infrastructure projects and agricultural subsidies.

Unlike other segments of the tire industry, there are no regulations or standards for OTR tires in mining and construction — even in North America and Europe. This presents a problem for some customers and an opportunity for manufacturers. 

Some OTR equipment manufacturers are interested in uniform OTR performance standards including wear, speed/load, traction and temperature; but so far in the European Union, there is no strong lobby pushing standardization or labelling requirements. It is possible that standardization could be most easily achieved if led by a tire or rim association. Down the road, there is potential for European Whole Body Vibration legislation to provide impetus in this area, because the tires are implicated, especially for skid loaders. Simple tire pressure measurement systems (TPMS) that have been a legal requirement in the US since 2008 could also be a possible standard for OTR tires.

For more information on this market report by Smithers, visit https://www.smithers.com/services/market-reports/transportation/the-future-of-off-the-road-tires-to-2024.