Specialty tires have different specification and are manufactured according to the desired application. Special tires for trailers, construction equipment, and mining vehicles require higher stiffness and durability than the tires utilized for passenger vehicles. All these vehicles are typically manufactured to carry heavy load; and hence, specialty tires play a very crucial role in such vehicles. Specialty tires are manufactured with minimum trade depth, which provides better cooling of tires and offers better stability while driving. Increasing focus by entrepreneurs on the agriculture industry is likely to fuel the demand for specialty tires during the forecast period. Continuous change in demand from end-users is prompting tire manufacturers to focus on new products that incorporate advanced technology. Expansion of the agriculture sector, increase in mining activities, and rise in usage of material handling equipment are key factors that are likely to drive the specialty tire mar...