Heavy-Duty Tyre Market To Touch $39.37 Billion By 2034
- By TT News
- April 25, 2025
The global heavy-duty tyre market is undergoing robust growth, spurred by rising demand across construction, mining, agriculture and logistics. As heavy machinery usage intensifies, the need for tyres that offer durability, efficiency and safety is at an all-time high reveals a report by Towards Automotive Consultants.
In fact, the report states that the heavy-duty tyre market will grow from the current USD 29.21 billion in CY2025 to USD 39.37 billion by 2034.

This has prompted manufacturers to invest in advanced tread patterns, high-performance rubber compounds and smart tyre technologies that monitor pressure, temperature and wear in real-time.
Sustainability is another key trend. Industry leaders are increasingly using recycled and bio-based materials, while retreading – giving tyres a second life – is gaining traction as an eco-friendly, cost-effective solution. These innovations are helping fleet operators cut costs and reduce downtime in tough environments.
On the other hand, there are challenges too. The industry faces hurdles such as volatile raw material prices, stringent environmental regulations and operational setbacks from tyre failures. This is a challenge for tyre manufacturers to balance performance with affordability and compliance.
Emerging markets, especially in Asia-Pacific, are driving the next wave of expansion. Countries like China, India and Japan are seeing a surge in construction and industrial activity, reinforcing their dominance in both production and consumption of heavy-duty tyres. Meanwhile, North America is poised for rapid growth, thanks to infrastructure spending, booming e-commerce and advances in tyre tech focused on longevity and fuel efficiency.
Furthermore, construction machinery continues to lead demand, while mining equipment is expected to post significant gains. On the end-user front, OEMs remain dominant, but aftermarket sales are rising as operators prioritise tyre upgrades and retreading for aging fleets.
Infographic courtesy: Towards Automotive Consultants
- Titan International
- Titan Agricultural Tyres
- Goodyear Agricultural Tyres
- Agricultural Tyres
- Aftermarket Sales
- Corporate Appointments
Titan International Promotes Kendra Mann To Lead Agricultural Aftermarket Sales
- By TT News
- March 27, 2026
Titan International has elevated Kendra Mann to the role of Director of Aftermarket Sales for the Titan and Goodyear agricultural tyre lines. In this capacity, she becomes a key member of Paul Hawkins’ North American aftermarket leadership team, where she will oversee strategic direction and operational execution within the aftermarket channel. This appointment underscores Titan’s ongoing commitment to strengthening its agricultural aftermarket presence as the company continues to focus on growth and dealer alignment across North America.
With over two decades in the tyre industry, Mann brings extensive expertise to her new position, including the last eight years spent at Titan. Her previous roles there ranged from OEM Account Manager to Field Sales Manager overseeing a multi-state territory, where she drove aftermarket expansion. Prior to joining Titan, she spent 15 years at GCR Tires and Service managing commercial tyre operations. In her latest capacity, she will work closely with field sales, product management and dealer networks to ensure seamless coordination across the Titan and Goodyear agricultural portfolios.
Looking ahead, customers can expect a sharper focus on aligning field support with sales and marketing strategies, reinforcing the dealer partnerships that form the backbone of daily service. Through this leadership change, Titan aims to enhance responsiveness and deliver a more cohesive experience across the agricultural aftermarket channel.
Paul Hawkins, SVP of Aftermarket Sales, said, “Kendra has earned this. She understands the business, she understands the customer and she knows how to move the needle for our aftermarket business. This is the right person in the right role at the right time for Titan agriculture.”
Scott Sloan, Global Ag/LSW Product Manager, said, "Kendra has built valuable relationships in the field. She knows how dealers operate and what customers need on the ground. That perspective is going to make a real difference in how we execute across the ag aftermarket."
Kim Boccardi, VP of Marketing, said, "Kendra is the kind of person who makes everyone around her better. She's put in the work, she knows the industry, and watching her step into this role is exactly what you hope to see. Titan is better with her joining our leadership team."
Linglong Tire Appoints Zhou Lingkun As President And CEO
- By TT News
- March 27, 2026
Linglong Tire has announced a leadership transition, with Zhou Lingkun appointed as President and CEO as of 16 March 2026. Assuming full operational command, his primary objective is to refine the company’s corporate governance structure. Meanwhile, former President Wang Feng, whose family retains controlling shares, continues as Chairman of the board.
A 1974-born graduate of Zhejiang University, Lingkun brings a robust background from global consulting and IT firms, including Arthur Andersen, IBM and Hewlett-Packard. His most recent role was President of the Enterprise Technology and Performance Business Group at Deloitte China, where he also served as a board member.
This strategic appointment separates operational leadership from familial shareholding, positioning Lingkun to steer daily management while leveraging his extensive international expertise to drive organisational efficiency.
KraussMaffei Corporation Names John Fini President As Brett Greenhalgh Prepares For Retirement
- By TT News
- March 26, 2026
KraussMaffei Group is set to implement a leadership transition at its US subsidiary, KraussMaffei Corporation (KMC). Brett Greenhalgh, President of KMC, will retire at the end of May 2026, marking the conclusion of his tenure. His departure will also see him step away from the industry and leave United States for a three-year period, during which he and his wife will devote themselves to a church mission project of deep personal significance.
Over the past two years, Greenhalgh has served as a pivotal leader for KraussMaffei, providing steady direction for the US organisation. His foresight in preparing for the future is evident in his deliberate cultivation of an internal successor, John Fini, ensuring a seamless transition grounded in business continuity and institutional knowledge. Taking the helm on 1 June 2026, Fini brings a customer-first philosophy forged through extensive hands-on operational experience. Currently serving as Vice President of Digital Solutions and Service North America, he has been a member of the KraussMaffei Corporation leadership team since 2022.
Fini’s background includes leading large, multidisciplinary teams, strengthening service and aftermarket capabilities and driving gains in operational performance, employee engagement and financial results. Prior to joining KraussMaffei, he held roles at Rehrig Pacific Company, a California-based family-owned plastics manufacturer and longtime KraussMaffei customer, where he improved operations across multiple manufacturing sites. A New York native, Fini holds a Bachelor of Science in Mechanical Engineering from the University of North Carolina at Charlotte.

Brett Greenhalgh
Greenhalgh said, "I am grateful for my time at KraussMaffei and for the collaboration with such a dedicated team in the US and internationally. Stepping back and giving my life a new direction has not been an easy decision. But I look forward to serving our church community together with my wife Janice. As a teenager, I participated in a similar project that profoundly shaped my life and values. Now I want to give others the same opportunity to experience something similar. The next three years abroad will be an exciting and rewarding time for both of us."
Alex Li, CEO, KraussMaffei Group, said, “We thank Brett for his exceptional dedication and strategic foresight. Thanks to the early identification of John Fini as an internal successor, we can ensure seamless continuity in serving our customers with the reliability and quality they expect. The strong collaboration between our US and European teams has been instrumental in advancing KMC’s success, and this partnership will remain a key pillar of our future development. While we regret Brett`s decision to step down, we fully respect and support his choice to pursue a personal mission close to his heart. We wish Brett and his wife all the very best for the years ahead.”
Fini said, “KraussMaffei’s success has always been driven by its people, its technology and its customers. I’m honoured to lead this organisation and build on the strong foundation our teams have created together. I would like to thank Brett Greenhalgh for the coaching, guidance and support as part of a thoughtful, long-term leadership transition designed to ensure continuity and sustained growth.”
LAUGFS Rubber Elevates Chinthaka Wegapitiya To Managing Director And CEO
- By TT News
- March 26, 2026
LAUGFS Corporation (Rubber) Ltd, a prominent Sri Lankan manufacturer and exporter of high-quality industrial solid tyres, has announced a significant leadership transition, naming Chinthaka Wegapitiya to the role of Managing Director and Chief Executive Officer. Wegapitiya’s ascent to this top executive position follows a tenure within the company where he previously held the responsibilities of General Manager and Chief Operating Officer. His background is rooted in deep expertise across both operational management and long-term strategic planning, providing a strong foundation for his new mandate.
In his current capacity, Wegapitiya is entrusted with the comprehensive leadership of the organisation’s strategic direction, tasked with steering the company towards an expanded global presence while working to increase its competitive market share. His purview encompasses the oversight of sophisticated, high-tech manufacturing operations, with a particular focus on the production of premium solid tyres.
Beyond operations, he is responsible for directing international marketing initiatives and strengthening the company’s brand identity in competitive global markets. Innovation also falls under his leadership, driving research and development efforts to create advanced engineering solutions and tailor products to precise customer specifications, all while championing sustainability initiatives within the global rubber export industry.



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