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Africa Off the Road (OTR) Tire Market Analysis, 2020

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  • 178 Pages
  • November 2020
  • Region: Africa
  • MarkNtel Advisors LLP
  • ID: 5447899
Africa Off the Road (OTR) Tire Market Analysis, 2020 research report depicts a deep dive market analysis of statistics of Africa Off the Road (OTR) Tire market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

According to this research report “Africa Off the Road (OTR) Tire Market Analysis, 2020”, the Africa Off the Road (OTR) Tire market is anticipated to grow at a CAGR 6% during 2021-26. The growth of the market is accredited to rising inclination towards, increasing government investment on development of urban areas and surging infrastructure development activities along with launch of new truck tire in the market. Besides these, burgeoning demand for radial tire among agriculture industry, escalating government subsidies for farm equipment, and increasing investment in new radial tires plant are some of the factor placing a positive impact toward the growth of the market in the forecast period.

The COVID-19 pandemic adversely impacted the market of OTR tire in Africa due to disruption in supply chain, temporary shutdown of the manufacturing facilities and halt on various construction activities.

Agricultural Vehicle Acquired the Significant Market Share

Based on Type of Vehicle, Agricultural Vehicle acquired the significant market share in the Africa Off the Road (OTR) tire market in 2019. Tractors accounted for the largest market share in the agricultural vehicle segment. This is due to rising government investment in agricultural mechanization, escalating number of medium-scale farmers owning tractors and increasing government subsidy rates on tractor. Moreover, snowballing demand for agricultural produce and significant rise in farm area under crop production are anticipated to strongly contribute towards the growth of Off the Road (OTR) Tire for online gaming in the coming years as stated by the research report “Africa Off the Road (OTR) Tire Market Analysis, 2020”.

According to the author, the key players with a considerable market share in the Africa Off the Road (OTR) Tire market include Continental Aktiengesellschaft, Compagnie Générale des Établissements Michelin, Bridgestone Corporation, The Yokohama Rubber Co., Ltd, Sumitomo Rubber Industries, Ltd, Toyo Tire & Rubber Company, Hangzhou Zhongce Rubber Co. Ltd., Triangle Tyre Co. Ltd., CEAT Limited 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 Africa 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 Africa Off the Road (OTR) Tire Market?
4. Who are the key competitors or market players and how they perform in Africa 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 Africa 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. Preface3. Executive Summary4. Impact of COVID-19 on Africa Tire Market5. Expert Verbatim-Interview Excerpts of industry experts
6. Africa Off the Road Tire Market Analysis, 2016-2026F
6.1. Market Size & Analysis
6.1.1. Revenues in (USD Billion)
6.1.2. Units Sold in Thousand
6.2. Market Share & Analysis
6.2.1. By Type of Vehicle Earthmoving & Construction Equipment Excavator Backhoe Loaders Crawler Loaders Bulldozers Motor Graders Dump Trucks Agricultural Vehicle Tractors Combined Harvester Farm Trucks Others Material Handling Vehicle Cranes Forklifts Tippers Others
6.2.2. By OEM Vs Replacement
6.2.3. By Radial Vs Bias
6.2.4. By Season All Season Summer Winter
6.2.5. By Sales Channel Exclusive Stores Authorized Dealers or Distributors Others
6.2.6. By Price Category Budget Economy Premium
6.2.7. By Rim Diameter 20"- 25" 26"-35" 36"-48" Above 48"
6.2..8. By Country South Africa Nigeria Kenya Algeria Morocco Others
6.2.9. By Company Market Shares, By Revenue Strategic Factorial Indexing Competitor Placement in MarkNtel Quadrant
6.3. South Africa Off the Road Tire Market Analysis, 2016-2026F
6.3.1. Market Size & Analysis Units Sold in Thousand Revenues in USD Billion
6.3.2. Market Share & Analysis By Type of Vehicle By OEM Vs Replacement By Radial Vs Bias By Season By Sales Channel By Price Category By Rim Size
7. Nigeria Off the Road Tire Market Analysis, 2016-2026F
7.1. Market Size & Analysis
7.1.1. Units Sold in Thousand
7.1.2. Revenues in USD Billion
7.2. Market Share & Analysis
7.2.1. By Type of Vehicle
7.2.2. By OEM Vs Replacement
7.2.3. By Radial Vs Bias
7.2.4. By Season
7.2.5. By Sales Channel
7.2.6. By Price Category
7.2.7. By Rim Size
8. Kenya Off the Road Tire Market Analysis, 2016-2026F
8.1. Market Size & Analysis
8.1.1. Units Sold in Thousand
8.1.2. Revenues in USD Billion
8.2. Market Share & Analysis
8.2.1. By Type of Vehicle
8.2.2. By OEM Vs Replacement
8.2.3. By Radial Vs Bias
8.2.4. By Season
8.2.5. By Sales Channel
8.2.6. By Price Category
8.2.7. By Rim Size
9. Algeria Off the Road Tire Market Analysis, 2016-2026F
9.1. Market Size & Analysis
9.1.1. Units Sold in Thousand
9.1.2. Revenues in USD Billion
9.2. Market Share & Analysis
9.2.1. By Type of Vehicle
9.2.2. By OEM Vs Replacement
9.2.3. By Radial Vs Bias
9.2.4. By Season
9.2.5. By Sales Channel
9.2.6. By Price Category
9.2.7. By Rim Size
10. Morocco Off the Road Tire Market Analysis, 2016-2026F
10.1. Market Size & Analysis
10.1.1. Units Sold in Thousand
10.1.2. Revenues in USD Billion
10.2. Market Share & Analysis
10.2.1. By Type of Vehicle
10.2.2. By OEM Vs Replacement
10.2.3. By Radial Vs Bias
10.2.4. By Season
10.2.5. By Sales Channel
10.2.6. By Price Category
10.2.7. By Rim Size
11. Africa Off the Road Tire Market Value Chain Analysis
11.1. Key Stakeholders in Value Chain
11.2. Margin at Various Levels
12. Africa Off the Road Tire Market Regulations, Policies, Regulation, Product Benchmarks13. Africa Off the Road Tire Market Trends & Insights
14. Africa Off the Road Tire Market Dynamics
14.1. Drivers
14.2. Challenges
14.3. Impact Analysis
15. Africa Off the Road Tire Market Hotspot & Opportunities16. Africa Off the Road Tire Market Key Strategic Imperatives for Success & Growth17. Africa Off the Road Tire Market Import & Export Statistics
18. Competition Outlook
18.1. Competition Matrix
18.1.1. Product Portfolio
18.1.2. Target Markets
18.1.3. Research & Development
18.1.4. Strategic Alliances
18.1.5. Strategic Initiatives
18.2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
18.2.1. Continental Aktiengesellschaft
18.2.2. Compagnie Générale des Établissements Michelin
18.2.3. Bridgestone Corporation
18.2.4. The Yokohama Rubber Co., Ltd
18.2.5. Sumitomo Rubber Industries, Ltd
18.2.6. Toyo Tire & Rubber Company
18.2.7. Hangzhou Zhongce Rubber Co. Ltd.
18.2.8. Triangle Tyre Co. Ltd
18.2.9. CEAT Limited
19. Disclaimer

Companies Mentioned

  • Continental Aktiengesellschaft
  • Compagnie Générale des Établissements Michelin
  • Bridgestone Corporation
  • The Yokohama Rubber Co. Ltd
  • Sumitomo Rubber Industries Ltd
  • Toyo Tire & Rubber Company
  • Hangzhou Zhongce Rubber Co. Ltd.
  • Triangle Tyre Co. Ltd.
  • CEAT Limited