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

  • ID: 5447899
  • Report
  • November 2020
  • Region: Africa
  • 178 Pages
  • MarkNtel Advisors LLP

FEATURED COMPANIES

  • Bridgestone Corporation
  • CEAT Limited
  • Triangle Tyre Co. Ltd.
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?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bridgestone Corporation
  • CEAT Limited
  • Triangle Tyre Co. Ltd.
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation

2. Preface

3. Executive Summary

4. Impact of COVID-19 on Africa Tire Market

5. Expert Verbatim-Interview Excerpts of industry experts

6. Africa Off the Road Tire Market Analysis, 2016-2026F
6.1. Market Size & Analysis
6.2. Market Share & Analysis
6.3. South Africa Off the Road Tire Market Analysis, 2016-2026F

7. Nigeria Off the Road Tire Market Analysis, 2016-2026F
7.1. Market Size & Analysis
7.2. Market Share & Analysis

8. Kenya Off the Road Tire Market Analysis, 2016-2026F
8.1. Market Size & Analysis
8.2. Market Share & Analysis

9. Algeria Off the Road Tire Market Analysis, 2016-2026F
9.1. Market Size & Analysis
9.2. Market Share & Analysis

10. Morocco Off the Road Tire Market Analysis, 2016-2026F
10.1. Market Size & Analysis
10.2. Market Share & Analysis

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 Benchmarks

13. 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 & Opportunities

16. Africa Off the Road Tire Market Key Strategic Imperatives for Success & Growth

17. Africa Off the Road Tire Market Import & Export Statistics

18. Competition Outlook
18.1. Competition Matrix
18.2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)

19. Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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
Note: Product cover images may vary from those shown