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Brazil Off the Road (OTR) Tire Market Analysis, 2021

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  • 101 Pages
  • February 2021
  • Region: Brazil
  • MarkNtel Advisors LLP
  • ID: 5439618
Off-the-road tires refer to large tires capable of driving on unpaved surfaces, such as tractors, forklifts, cranes, bulldozers, and golf carts. It offers a high-quality grip on surfaces like mud, sand, gravel, or loose dirt. These tires equipped with flexible suspension and deep & open treads support the vehicle's movement in high terrains.

Brazil Off-the-Road (OTR) Tire Market Analysis, 2021 research report depicts a deep dive market analysis, including regional & country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions & countries, various end-users, applications, product types, technologies, competitive benchmarking, etc.

Market Segmentation

Aftermarket Segment Registered the Fastest Growth

Based on Demand Type, the Aftermarket segment acquired a significant share in the Brazil Off-the-Road (OTR) Tire Market due to the increasing investments by giant companies, such as construction equipment heavyweight JCB in the Brazilian production facility entwined with the constant need to replace OTR tires periodically. Besides, the burgeoning establishment of retail channels by tire manufacturers to enhance the buying experience with improved reliability & safety and growing mining & construction sectors are also strongly contributing towards the overall market growth in the forecast years, states the author in their research report, Brazil Off-the-road (OTR) Tire Market Analysis, 2021.

Market Opportunities

According to the publishers' research report Brazil Off-the-road (OTR) Tire Market Analysis, 2021, the market shall attain around 3% CAGR during 2021-26 due to the booming populace propelling the growth of commercial farming sectors and the significantly rising demand for tractors & agriculture equipment vehicles. Moreover, snowballing investments in the construction sector are increasing the demand for construction vehicles, which, in turn, is also contributing to the growth of the Brazil Off-the-Road (OTR) Tire Market. However, the rising prices of rubber and the gap between demand & supply are among crucial challenges restraining the market growth.

Impact of COVID-19

The Brazil Off-the-Road (OTR) Tire Market witnessed a significant revenue fall due to the temporary shutdown of manufacturing facilities, decreasing demand for mining minerals, and halts on various ongoing construction projects owing to the implementation of unprecedented measures to curb the spread of the virus. However, the strong growth in mining industries in Q3 2020 and the resumption of various construction activities are critical factors likely to propel the market growth in the forecast period.

Competitive Landscape

According to the publishers, the key players with a considerable market share in the Brazil Off-the-Road (OTR) Tire Market include Yokohama Rubber Co., Goodyear Tire and Rubber Company, Bridgestone Corporation, Continental, Michelin Tires, Cooper Tire & Rubber Company, Triangle Group, Toyo, Titan, Pirelli, Trelleborg, Kumho Tire, etc.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Brazil Off the Road (OTR) Tire Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Brazil Off the Road (OTR) Tire Market?
4. Who are the key competitors or market players and how they perform in Brazil Off the Road (OTR) Tire Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Brazil Off the Road (OTR) Tire Market study?

Table of Contents

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary3. Impact of COVID-19 on Brazil OTR Tire Market
4. Brazil Off the Road (OTR) Vehicle Market Overview
4.1. Leading Manufacturers and their Annual Production
4.2. Market Brief
5. Brazil Off the Road (OTR) Vehicle Tire Market Analysis, 2016-2026F
5.1. Market Size & Analysis
5.1.1. Market Revenue
5.1.2. Units Sold
5.2. Market Share & Analysis
5.2.1. By Type of Equipment Earth Moving Equipment Excavator Grader Loader Bulldozer Road roller Material Handling Equipment Crane Forklifts Agricultural Equipment Tractor Combines Others
5.2.2. By End-Users Construction Industrial Mining Agriculture Ports
5.2.3. By Type of Tire Radial Bias
5.2.4. By Demand Type OEMs Aftermarket
5.2.5. By Price Category Budget Premium Economy
5.2.6. By Rim Size Up to 20” 20.1" to 26" 26.1" to 35" 35.1" to 47" Above 47"
5.2.7. By Region Northeast South Southeast Center-West
5.2..8. By Competitors Competition Characteristics Units Sold, By Competitors Competitive Metrix
6. Brazil Earthmoving Equipment Tire Market Outlook, 2016-2026F
6.1. Market Size & Analysis
6.1.1. Market Revenue
6.1.2. Units Sold
6.2. Market Share & Analysis
6.2.1. By End Users
6.2.2. Type of Tire
6.2.3. Demand Type
6.2.4. Price Category
6.2.5. Rim Size
6.2.6. By Region
7. Brazil Material Handling Equipment Tire Market Outlook, 2016-2026F
7.1. Market Size & Analysis
7.1.1. Market Revenue
7.1.2. Units Sold
7.2. Market Share & Analysis
7.2.1. By End Users
7.2.2. Type of Tire
7.2.3. Demand Type
7.2.4. Price Category
7.2.5. Rim Size
7.2.6. By Region
8. Brazil Agricultural Equipment Tire Market Outlook, 2016-2026F
8.1. Market Size & Analysis
8.1.1. Market Revenue
8.1.2. Units Sold
8.2. Market Share & Analysis
8.2.1. By End Users
8.2.2. Type of Tire
8.2.3. Demand Type
8.2.4. Price Category
8.2.5. Rim Size
8.2.6. By Region
9. Brazil Off the Road (OTR) Vehicle Tire Market Trends & Insights
10. Brazil Off the Road (OTR) Vehicle Tire Market Dynamics
10.1. Growth Drivers
10.2. Challenges
10.3. Impact Analysis
11. Brazil Off the Road (OTR) Vehicle Tire Market Policy & Regulations
11.1. Import Tariff
11.2. Anti- Dumping Duties
11.3. Rubber or Carbon Norms
12. Brazil Off the Road (OTR) Vehicle Tire Market Import Export Statistics13. Brazil Off the Road (OTR) Vehicle Tire Market Hotspot & Opportunities14. Brazil Off the Road (OTR) Vehicle Tire Market Key Strategic Imperatives for Success & Growth
15. Competition Outlook
15.1. Competition Matrix
15.1.1. Product Portfolio
15.1.2. Specialization
15.1.3. Target Markets
15.1.4. Target End Users
15.1.5. Research & Development
15.1.6. Strategic Alliances
15.1.7. Strategic Initiatives
15.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
15.2.1. Pirelli
15.2.2. Goodyear Tire and Rubber Company
15.2.3. Bridgestone Corporation
15.2.4. Continental
15.2.5. Michelin Tyres
15.2.6. Cooper Tire & Rubber Company
15.2.7. Triangle Group
15.2.8. Titan
15.2.9. Toyo
15.2.10. Trelleborg
15.2.11. Kumho Tire
15.2.12. Yokohama
16. Disclaimer

Companies Mentioned

  • Yokohama Rubber Co.
  • Goodyear Tire and Rubber Company
  • Bridgestone Corporation
  • Continental
  • Michelin Tires
  • Cooper Tire & Rubber Company
  • Triangle Group
  • Toyo
  • Titan
  • Pirelli
  • Trelleborg
  • Kumho Tire