5.8.14.3Vertical

Off-Road, Agricultural & Specialty Tire Manufacturers

Manufacturers of tires for construction equipment, farm machinery, mining, and specialty vehicles.

Market snapshot

These figures describe Tire Manufacturing (5.8.14), the segment that Off-Road, Agricultural & Specialty Tire Manufacturers sits within — not Off-Road, Agricultural & Specialty Tire Manufacturers on its own.

Market size
~$23B
Growth
~2.9%CAGR (2017–22, nominal)
Companies
~480
FragmentationConsolidatedEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 326211 (tire manufacturing) + 326212 (tire retreading).

Business model & economics

Revenue model

OEM and replacement tire sales

Key economics

Recurring revenue
High

recurring replacement-tire demand

EBITDA margin
Capital-intensive; replacement-driven
Capex intensity
High

Characteristics

  • Dominated by global tire majors.
  • Anchored by non-discretionary replacement demand.
  • EVs an emerging specialized-tire dynamic.

Geographic concentration

AlabamaAlaskaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoCaliforniaDelawareDistrict of ColumbiaHawaiiKentuckyMarylandMichiganMississippiMontanaNew HampshireNew YorkOhioOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaIdahoNevadaVermontLouisianaRhode IslandOklahomaArkansasIowaSouth Carolina

Tire manufacturing concentrates in Oklahoma, South Carolina, Iowa, and Arkansas, home to several of the largest U.S. tire plants.

OklahomaSouth CarolinaIowaArkansas

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 326211. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Global tire majors
  • Specialty & retread consolidators
  • PE-backed platforms

What’s driving deals

  • Replacement-market and EV-tire demand.
  • Capacity and capital investment.
  • Specialty and commercial-tire niches.

Find Off-Road, Agricultural & Specialty Tire Manufacturers acquisition targets

Search Acquisera’s index for companies classified under Off-Road, Agricultural & Specialty Tire Manufacturers (5.8.14.3) and build a targeted deal pipeline.

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