MarkNtel Advisors recently published a report, titled, ” Chile Off The Road (OTR) Vehicle Tire Market By Type of Vehicle (Earth Moving Equipment (Excavators, Loaders, Graders, Bulldozers, Road Rollers), Agricultural Equipment (Tractors, Combines, Others), Material Handling Equipment (Cranes, Forklifts)), By End-User (Construction, Industrial, Mining, Agriculture, Ports) Other. As per as the report 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.
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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.
Leading Companies in Chile Off The Road (OTR) Vehicle Tire Market:
Yokohama Rubber Co., Goodyear Tire and Rubber Company, Bridgestone Corporation, Continental, Michelin Tires, CST, Triangle Group, Trelleborg, etc.
Chile Off The Road (OTR) Vehicle Tire Market Segmentation:
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″
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By Region
-North
-West
-South.
Key questions answered in the Chile Off The Road (OTR) Vehicle Tire Market are:
•What is Chile Off The Road (OTR) Vehicle Tire Market?
•What was the market size in 2023?
•What is the growth rate of the Chile Off The Road (OTR) Vehicle Tire Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Chile Off The Road (OTR) Vehicle Tire Market?
•What segments are covered in the Market?
•Who are the key players in the Chile Off The Road (OTR) Vehicle Tire Market?
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