Aarkstore Enterprise announced Latest Trending Market Research Report Titled “Middle East & Africa OTR Tire Market (2019-2025)” under the Automotive category. Middle East and Africa (MEA) OTR Tire Market is projected to grow at a CAGR of 2.8% during 2019-25. The report thoroughly covers the market by type, applications, sales channels, vehicle types and key countries.
Middle East and Africa (MEA) OTR Tire Market is expected to grow during the forecast period owing to expected recovery in key application areas, across key countries of the region such as South Africa, Turkey, Saudi Arabia and Egypt. Infrastructure development aimed at supporting the economic diversification goals of many countries has created an opportunity for Chinese, Indian and European tyre companies to invest in the region. Additionally, the local OTR tyre manufacturing in the region is limited to countries such as Turkey and Egypt, while majority of the region’s market is catered through imports.
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According to Middle East and Africa (MEA) OTR Tire Market is projected to grow at a CAGR of 2.8% during 2019-25. In the overall Middle East and Africa OTR tyre Market, South Africa captured majority of the market volume in 2018 and is expected to lead throughout the forecast period due to large scale mining activity prevalent in the country. However, Tanzania market is expected to register maximum growth on the back of developing public infrastructure in the country during the forecast period.
By types, radial tyres lead the overall Middle East and Africa OTR tyre market due to its superior performance and durability as compared to bias tyres. Furthermore, in terms of applications, construction segment dominates the OTR tyres market in the Middle East and Africa region as the countries are focusing on developing public infrastructure as a part of their vision guidelines.
The report thoroughly covers the market by type, applications, sales channels, vehicle types and key countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Some of the major players in the Middle East and Africa OTR tyre market are Triangle Tyre Co. Ltd., The Goodyear Tire & Rubber Company, Balkrishna Industries Limited (BKT) Bridgestone Middle East & Africa FZE and General Company Establishment Michelin.
Key Highlights of the Report
- Historical data & Forecast of Middle East and Africa OTR Tyre Market Volume for the Period 2016-2018.
- Middle East and Africa OTR Tyre Market Size & Middle East and Africa OTR Tyre Market Forecast until 2025.
- Historical Data of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume for the Period 2016-2018.
- Market Size & Forecast of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume until 2025.
- Historical Data of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume, by Type, for the Period 2016-2018.
- Market Size & Forecast of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume, by Type, until 2025.
- Historical Data of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre, by Sales Channel, for the Period 2016-2018.
- Market Size & Forecast of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume, by Sales Channel, until 2025.
- Historical Data of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume, by Application, for the Period 2016-2018.
- Market Size & Forecast of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume, by Application, until 2025.
- Historical Data of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume, by Vehicle Type, for the Period 2016-2018.
- Market Size & Forecast of Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Turkey, Oman, Nigeria, Kenya, Tanzania, Tunisia, South Africa, Egypt and Ethiopia OTR Tyre Market Volume, by Vehicle Type, until 2025.
- Market Drivers and Restraints
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Competitive Benchmarking
- Company Profiles
- Market Share by Players
- Company Profiles
- Strategic Recommendations
- Markets Covered
The report provides a detailed analysis of the following market segments:
By Types
- Radial
- Bias
By Sales Channels
- OEM
- Aftermarket
By Applications
- Construction
- Port
- Mining
- Others
By Vehicle Type
- Loader
- Dump Truck
- Excavator
- Grader
- Cranes
- Material Handling Equipment
- Others
By Countries
- Saudi Arabia
- UAE
- Turkey
- Qatar
- Oman
- Bahrain
- Kuwait
- South Africa
- Egypt
- Nigeria
- Kenya
- Ethiopia
- Tanzania
- Tunisia
- Rest of Middle East and Africa
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