GCC Off the Road (OTR) Tire Market Witness Highest Growth AT a CAGR of 4.2% by 2030

A comprehensive analysis report on the GCC Off the Road (OTR) Tire Market has been recently released by MarkNtel Advisors, covering the forecast period from 2024 to 2030. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the GCC Off the Road (OTR) Tire Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

GCC Off the Road (OTR) Tire Market Overview:

Base Year: 2023

Forecast Years: 2024-2030

Historical Years: 2019-2022

Market Growth Rate: 4.2% (2024-2030)

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GCC Off the Road (OTR) Tire Market Segmentation Analysis:

According to MarkNtel study the market is segmented the into the following categories:

By Type of Equipment

• Earth Moving Equipment – Market Size & Forecast, 2019-2030 (Thousands)
  • Excavator– Market Size & Forecast, 2019-2030 (Thousands)
  • Grader– Market Size & Forecast, 2019-2030 (Thousands)
  • Loader– Market Size & Forecast, 2019-2030 (Thousands)
  • Bulldozer– Market Size & Forecast, 2019-2030 (Thousands)
  • Road Roller– Market Size & Forecast, 2019-2030 (Thousands)
• Material Handling Equipment– Market Size & Forecast, 2019-2030 (Thousands)
  • Forklifts– Market Size & Forecast, 2019-2030 (Thousands)
• Agriculture Equipment
  • Tractor– Market Size & Forecast, 2019-2030 (Thousands)
  • Combines– Market Size & Forecast, 2019-2030 (Thousands)
  • Others (Harvester, etc.) – Market Size & Forecast, 2019-2030 (Thousands)

By Type of Tire

• Radial– Market Size & Forecast, 2019-2030 (Thousands)
• Bias– Market Size & Forecast, 2019-2030 (Thousands)

By Demand Type

• OEMs– Market Size & Forecast, 2019-2030 (Thousands)
• Aftermarket– Market Size & Forecast, 2019-2030 (Thousands)

By Price Category

• Budget– Market Size & Forecast, 2019-2030 (Thousands)
• Premium– Market Size & Forecast, 2019-2030 (Thousands)
• Economy– Market Size & Forecast, 2019-2030 (Thousands)

By Tire Size

• Tire Size 1– Market Size & Forecast, 2019-2030 (Thousands)
• Tire Size 2– Market Size & Forecast, 2019-2030 (Thousands)
• Tire Size 3– Market Size & Forecast, 2019-2030 (Thousands)
• Tire Size 4– Market Size & Forecast, 2019-2030 (Thousands)
• Tire Size 5– Market Size & Forecast, 2019-2030 (Thousands)

By End Users

• Construction– Market Size & Forecast, 2019-2030 (Thousands)
• Industrial– Market Size & Forecast, 2019-2030 (Thousands)
• Mining– Market Size & Forecast, 2019-2030 (Thousands)
• Agriculture– Market Size & Forecast, 2019-2030 (Thousands)
• Ports– Market Size & Forecast, 2019-2030 (Thousands)

Out of them all, the ports segment is leading the market and is anticipated to hold a major share of the market during the forecast period, owing to increased investments in port expansion and an increase in cargo traffic.

By Sales Channel

• Direct Sales– Market Size & Forecast, 2019-2030 (Thousands)
• Online– Market Size & Forecast, 2019-2030 (Thousands)
• Multi Brand & Exclusive Outlets– Market Size & Forecast, 2019-2030 (Thousands)

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By Country

• Saudi Arabia
• The UAE
• Qatar
• Kuwait
• Bahrain
• Oman

The UAE is expected to hold a significant share of the GCC Off the Road (OTR) Tire Market in the coming years owing to the UAE’s strategic geographic location as a global trade hub, which fosters easy access to international markets and facilitates efficient import and export of OTR tires.

GCC Off the Road (OTR) Tire Market Competitive Landscape:

This section competitive landscape covers the top companies’ participants in the GCC Off the Road (OTR) Tire industry, and their business description, product portfolio, strategic alliances or partnerships, recent developments, financial details analysis from 2024-2030.

Leading Market Player Are:

• Pirelli Tyre S.p.A.
• Goodyear Middle East & Africa
• Bridgestone MEA
• Continental Middle East DMCC
• Titan International Inc.
• Michelin
• The Yokohama Rubber Co., Ltd.
• JK Tire & Industries Ltd
• Trelleborg
• Triangle Group
• Others

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Key Report Highlights  

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

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