What's Driving the Chile OTR Vehicle Tire Market Trends? Yokohama Rubber Co., Goodyear Tire and Rubber Company, Bridgestone Corporation, Continental, Michelin Tires

According to MarkNtel Advisors study 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 Findings of the Study: Keyword market

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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Scope of the Report and Chile Off The Road 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”
• 1" to 26"
• 1" to 35"
• 1" to 47"
• Above 47"

Of both, the Aftermarket segment dominated the market in the previous few years, and the same trend is likely during 2021-26.

Geographical Analysis:

By Region

• North
• West
• South

Note: If you require specific information not covered in the current report, we can provide it through customized option

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