Chile Off-the-Road (OTR) Tire Market Overview: 2021-2026
Base Year: 2020
Historical Years: 2016-19
Forecast Years: 2021-2026
The Chile Off-the-Road (OTR) Tire Market is expected to grow at around 3.23% CAGR during the forecast period, i.e., 2021-26. The Chile Off-the-Road (OTR) Tire Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Chile Off-the-Road (OTR) Tire Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Chile Off-the-Road (OTR) Tire Market drivers, barriers, Chile Off-the-Road (OTR) Tire Market Trends, and Key Players in Chile Off-the-Road (OTR) Tire Market.
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Chile Off-the-Road (OTR) Tire Market Dynamics: 2021-2026
Key Market Driver: Massive Government Investments toward Infrastructural Developments
The infrastructure sector in Chile has shown promising growth in the previous few years with massive government investments, which has boosted the sales of OTR tires. The rapid rise in construction projects associated with railway & road expansion and the aviation & port infrastructure developments are projected to infuse the need for earthmoving & construction equipment in the country and thus drive the Chile OTR Tire Market during 2021-26.
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Chile Off-the-Road (OTR) Tire Market (2021-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type of Equipment
-Earth Moving Equipment
-Excavator
-Grader
-Loader
-Bulldozer
-Road roller
-Material Handling Equipment
-Crane
-Forklifts
Agricultural Equipment
-Tractor
-Combines
-Others
By End-Users
-Construction
-Industrial
-Mining
-Agriculture
-Ports
By Type of Tire
-Radial
-Bias
By Demand Type
-OEMs
-Aftermarket
By Price Category
-Budget
-Premium
-Economy
By Rim Size
-Up to 20”
-20.1" to 26"
-26.1" to 35"
-35.1" to 47"
-Above 47"
By Region
-North
-West
-South.
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Top Companies Operating in the Chile Off-the-Road (OTR) Tire Market:
Yokohama Rubber Co., Goodyear Tire and Rubber Company, Bridgestone Corporation, Continental, Michelin Tires, CST, Triangle Group, Trelleborg, etc..
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