Market Overview
This research report provides a concise overview of the Chile Off-the-Road (OTR) Tire Market, covering essential elements such as market size, share, growth, report, analysis, trends, industry report, and forecast report. It offers valuable insights into the current global market landscape, highlighting key developments and emerging opportunities. Backed by data and expert evaluation, the report helps businesses, investors, and decision-makers understand evolving market dynamics. With segment-wise coverage and forward-looking analysis, this market research serves as a practical tool for navigating the future of the Chile Off-the-Road (OTR) Tire Market.
Chile Off-the-Road (OTR) Tire Market Statistic and Research Methodology
The Chile Off-the-Road Tire Market size was valued at around USD 176 million in 2024 and is projected to reach USD 218 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.18% during the forecast period, i.e., 2025-30.
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- Research objectives are set clearly, with tailored methodologies for clients.
- We choose representative samples to ensure collected data is reliable.
- Data analysis includes thorough cleaning and validation of findings.
- Predictive modeling helps us forecast trends, presented in detailed reports.
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Market Key Driver-
Increasing Construction Activities in the Country Fueling Market Demand – The country is recording a considerable rise in construction activities due to many new projects aligned in the coming years. The country is also working on replenishing its aged infrastructure, like roads, ports, bridges, and more, to ensure modern and safe infrastructure. The country has recorded various public and private investments in the construction of buildings, highways, railways, ports, and airports. For instance, in 2024, the Public Works Ministry planned to invest USD 16.6 billion in 43 concession projects in Chile over 5 years from 2024 to 2028. The initiation of these projects will make use of large construction vehicles such as earthmoving equipment, rollers, cranes, and more for longer durations.
Key Player: –
- Continental
- Yokohama
- Michelin
- Bridgestone
- Pirelli
- Triangle Tires
- Maxxis Chile
- Double Coin
- Trelleborg
- CST
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Segmentation Analysis-
By Type of Equipment
- Earth Moving Equipment- Market Size & Forecast 2020-2030, Thousand Units
- Excavator- Market Size & Forecast 2020-2030, Thousand Units
- Grader- Market Size & Forecast 2020-2030, Thousand Units
- Loader- Market Size & Forecast 2020-2030, Thousand Units
- Bulldozer- Market Size & Forecast 2020-2030, Thousand Units
- Road roller – Market Size & Forecast 2020-2030, Thousand Units
- Material Handling Equipment
- Crane- Market Size & Forecast 2020-2030, Thousand Units
- Forklifts- Market Size & Forecast 2020-2030, Thousand Units
- Agricultural Equipment
- Tractors- Market Size & Forecast 2020-2030, Thousand Units
- Combines- Market Size & Forecast 2020-2030, Thousand Units
- Others- Market Size & Forecast 2020-2030, Thousand Units
In 2024, agricultural equipment led by tractors completely dominated the market with a market share of around 70%.
By Tire Size
- Tire Size 1- Market Size & Forecast 2020-2030, Thousand Units
- Tire Size 2- Market Size & Forecast 2020-2030, Thousand Units
- Tire Size 3- Market Size & Forecast 2020-2030, Thousand Units
- Tire Size 4- Market Size & Forecast 2020-2030, Thousand Units
- Tire Size 5- Market Size & Forecast 2020-2030, Thousand Units
- Others- Market Size & Forecast 2020-2030, Thousand Units
By Demand Type
- OEM- Market Size & Forecast 2020-2030, Thousand Units
- Aftermarket- Market Size & Forecast 2020-2030, Thousand Units
By Type of Tire
- Radial- Market Size & Forecast 2020-2030, Thousand Units
- Bias- Market Size & Forecast 2020-2030, Thousand Units
By Sales Channel
- Exclusive Stores- Market Size & Forecast 2020-2030, Thousand Units
- Authorised Dealers or Distributors- Market Size & Forecast 2020-2030, Thousand Units
- Online- Market Size & Forecast 2020-2030, Thousand Units
- Others- Market Size & Forecast 2020-2030, Thousand Units
By Price Category
- Budget (Up to USD 400)- Market Size & Forecast 2020-2030, Thousand Units
- Economy (USD 401 – USD 1,500)- Market Size & Forecast 2020- 2030, Thousand Units
- Premium (Above USD 1,500)- Market Size & Forecast 2020- 2030, Thousand Units
By End-Users
- Construction- Market Size & Forecast 2020-2030, Thousand Units
- Industrial- Market Size & Forecast 2020-2030, Thousand Units
- Mining- Market Size & Forecast 2020-2030, Thousand Units
- Agriculture- Market Size & Forecast 2020-2030, Thousand Units
- Ports- Market Size & Forecast 2020-2030, Thousand Units
Chile is an agriculture-based economy with a sizeable investment and population employed in agricultural activities.
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Geography-
- Northern Chile
- Central Chile
- Southern Chile
Frequently Asked Questions (FAQ)
- What is the current size and expected growth of the Chile Off-the-Road (OTR) Tire Market?
- How is Chile Off-the-Road (OTR) Tire market share distributed across geography and major players?
- What key trends are shaping the future of the market?
- How does this research report support strategic business planning?
- What insights are included in the Chile Off-the-Road (OTR) Tire market analysis and forecast reports?
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