Middle East And Africa Otr Tire Market

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Middle East and Africa OTR Tire Market, By Tires Type (Radial, Bias, Solid); By Vehicle Type (Loader, Dump Truck, Excavator, Grader, Cranes); By Application (Construction & Mining, Agriculture, Industrial); By Sales Channel (OEM, Aftermarket); By Country (Saudi Arabia, UAE, Turkey, Qatar, Oman, Bahrain, Kuwait, South Africa, Egypt, Nigeria, Kenya, Rest of Middle East and Africa), Trend Analysis, Competitive Landscape & Forecast, 2022–2028

Published Date: November 2022
Report ID: BWC22522
Available Format: PDF
Page: 200

Report Overview

Increasing number of construction and mining activities, growing infrastructural development projects, rising government funding for agriculture machinery, and a surging demand for affordable and sustainable tires are expected to propel the expansion of Middle East and Africa OTR Tire Market at a steady growth rate during forecast period 2022 and 2028.

Middle East and Africa OTR Tire Market - Industry Trends & Forecast Report, 2028

Middle East and Africa OTR (Off-the-Road) Tire Market size is expected to expand at a CAGR of 4.3% during the forecast period between 2022 and 2028. Major growth factors for Middle East and Africa OTR tire market include growing number of construction, mining, and industrial activities, large infrastructural development projects to support economic diversification, and increasing government funding for agricultural machinery and non-oil sectors. Furthermore, the expansion of the real estate sector in emerging nations has increased demand for construction and material handling equipment owing to high labor cost, need for better productivity and maximize use of resources, which is predicted to significantly enhance the growth of the off-road tire market. In addition, the agriculture operations like crop plotting and scouting and irrigation purposes require utility off-road vehicles to carry out major day-to-day tasks along with using of farm machinery requires replacement or retread of tires at frequent intervals. Thus, these factors are expected to boost the overall market. Moreover, the innovations that coincide with the emergence of end-use industries, such as smart tire integration for improving industrial fleets and connecting on-tire sensors to patent data analytics to expedite maintenance and other operations, are expected to fuel the growth of Middle East and Africa OTR tire market during the period in analysis.

Middle East and Africa OTR Tire Market

Growth Drivers

Increasing number of large infrastructure development, construction, and mining projects

Owing to rapid globalization, significant growth in infrastructural development, such as growing transportation system, construction and maintenance of bridges and tunnels for commutation, and increasing manufacturing units, are observed in a majority of Middle East and African countries. With increased labor costs, requirement for better productivity and optimum resource usage, the necessity for advanced machines could increase the demand for construction and mining equipment. The private and government infrastructure investments are projected to increase the demand for mining and construction machines. Technology transformations taking place worldwide as well as expanding globalization are projected to fuel the growth of Middle East and Africa OTR tire market during the forecast period. Therefore, the increasing demand for construction, farming, and mining equipment could propel the Middle East and Africa OTR tire market forward.

Restraints

Volatile raw material prices

OTR tires are utilized in a variety of commercial off-road vehicles, including those employed for construction, mining, agriculture, and industrial purposes. The tires are designed and manufactured to perform in difficult environments such as high load bearing, rough surfaces, various weather conditions, and traction. The material composition, tread patterns, and other aspects of the OTR tire vary according to the vehicle and requirement. Designing, producing, and evaluating OTR attempts involve research and development in which tires are produced while considering all criteria and standards. OTR tire manufacturing involves enormous, customized press machines that perform processes, such as vulcanization and curing. The cost of raw materials used in the production of OTR tires, as well as the cost of press equipment used in the process, are both expensive. As a result, no market participant can afford to invest heavily in research and development. Therefore, it is anticipated to hamper the growth of Middle East and Africa OTR tire market.

Impact of COVID–19 on Middle East and Africa OTR Tire Market

COVID-19 had a detrimental effect on the Middle East and Africa OTR tire market. Construction had come to a halt in the first half of 2020 due to the pandemic. Industry closures, reverse labor migration in the Middle East, and inadequate logistics support for construction equipment made an impact on the entire construction industry. Furthermore, the decline of crude oil prices and supply during the same period restricted the construction activities in several Middle Eastern and African economies, adversely affecting the new orders for OTR tires. This, in turn hampered the growth of Middle East and Africa OTR tire market.

Middle East and Africa OTR Tire Market

Segmental Coverage

Middle East and Africa OTR Tire Market - By Tires Type

Based on tires type, Middle East and Africa OTR tire market is divided into Radial, Bias, and Solid tire segments. The radial tire segment is expected to hold the highest share in the market due to its flexibility, performance, and durability. Furthermore, radial tire fulfills the increasing inclination for a smooth and comfortable driving and better stability on rugged unpaved surfaces, which drives radial tire growth in the Middle East and Africa market. In addition, it contributes significantly to its comparative operational cost savings as it enhances the fuel efficiency of the equipment

Middle East and Africa OTR Tire Market Share

Middle East and Africa OTR Tire Market - By Vehicle Type

By vehicle type, Middle East and Africa OTR tire market is segregated into Loader, Dump Truck, Excavator, Grader, and Cranes segments.

Middle East and Africa OTR Tire Market - By Sales Channel

By sales channel, Middle East and Africa OTR tire market is bifurcated into OEM (original equipment manufacturer) and Aftermarket segments. The aftermarket segment is expected to hold a higher share in the market due to a surging demand for tire replacement in the agriculture, construction, mining, and other industry equipment is driving the segment's expansion. Additionally, the requirement for machinery upkeep in these sectors is projected to boost the segment's expansion.

Middle East and Africa OTR Tire Market

Middle East and Africa OTR Tire Market - By Application

Based on application, Middle East and Africa OTR tire market is divided into Construction & Mining, Agriculture, and Industrial segments. The construction and mining segment is expected to hold the highest market share in the Middle East and Africa OTR tire market owing to the presence of countries such as the UAE, Saudi Arabia, and South Africa, where a substantial number of development projects are underway, increasing the demand for heavy vehicles, which in turn increases the demand for OTR tires in the Middle East and Africa region. Furthermore, OTR tires enable flexibility, a comfortable ride, and stability at high speeds on construction sites, enhancing productivity and efficiency and thereby increasing the necessity for OTR tires for construction projects.

Middle East and Africa OTR Tire Market - By Country

Geographically, Middle East and Africa OTR tire market covers major countries: Saudi Arabia, UAE, Turkey, Qatar, Oman, Bahrain, Kuwait, South Africa, Egypt, Nigeria, Kenya, and Rest of Middle East and Africa. Among them, UAE and Saudi Arabia are projected to dominate the market due to increased government initiatives in development of smart cities, such as Smart Dubai and Saudi Vision 2030, which increases the demand for OTR tires in heavy vehicles, such as cranes, dump trucks, and loaders to control heavy load on rough surface.

Competitive Landscape

Middle East and Africa OTR tire market is highly competitive. Prominent players in the market include Bridgestone Middle East & Africa FZE, Promoteon Tire Group S.R.L., Triangle Tire Co. Ltd., Petlas Lastik San. Tic. Inc., MRF Limited, The Goodyear Tire & Rubber Co., Balkrishna Industries Limited, Yokohama Rubber Company, JK Tires and Industries, and Compagnie Generale des Etablissements Michelin SCA (Michelin SCA). To further enhance their market share, these players are primarily focused on the development of innovative and efficient products, new product releases, mergers and acquisitions, collaborations, partnerships, and joint ventures.

Recent Development

In May 2021 - Michelin introduced the TRAILXBIB to its line of agricultural OTR tires. The tire is designed with agricultural equipment capability and innovative technology to retain soil, ensure uniform weight distribution, and deliver maximum levels of soil protection through the tire contact surface.
In April 2019 - Bridgestone Europe NV/SA, a division of Bridgestone Corporation in EMEA, acquired TomTom Telematics, a Europe-based provider of digital fleet solutions, for USD 910 million. The acquisition will assist in making fleet operations more effective and efficient, as well as strengthening the company's footprint in the transportation solution.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2018–2021
	Base Year – 2021
	Estimated Year – 2022
	Forecast – 2022–2028
Facts Covered	Revenue in USD Billion
Market Coverage	Saudi Arabia, UAE, Turkey, Qatar, Oman, Bahrain, Kuwait, South Africa, Egypt, Nigeria, Kenya, Rest of Middle East and Africa
Product/ Service Segmentation	Tires Type, Vehicle Type, Application, Sales Channel, Country
Key Players	Bridgestone Middle East & Africa FZE, Promoteon Tire Group S.R.L., Triangle Tire Co. Ltd., Petlas Lastik San. Tic. Inc., MRF Limited, The Goodyear Tire & Rubber Co., Balkrishna Industries Limited, Yokohama Rubber Company, JK Tires and Industries, Compagnie Generale des Etablissements Michelin SCA (Michelin SCA)

By Tires Type

Radial
Bias
Solid

By Vehicle Type

Loader
Dump Truck
Excavator
Grader
Cranes

By Application

Construction & Mining
Agriculture
Industrial

By Sales Channel

OEM
Aftermarket

By Country

Saudi Arabia
UAE
Turkey
Qatar
Oman
Bahrain
Kuwait
South Africa
Egypt
Nigeria
Kenya
Rest of Middle East and Africa

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Middle East and Africa OTR Tire Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
    1. Increasing number of construction and mining activities
    2. Government subsidies for agricultural machinery
    3. Increasing need for affordable and sustainable tires
  2. Restraints
    1. Expensive research and development activities
    2. Low-cost tires from unorganized markets
  3. Opportunities
    1. Increasing technology advancements
    2. Environmental protection programs
  4. Challenges
    1. Volatile raw material prices
3. Technology Advancements/Recent Developments
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Middle East and Africa OTR Tire Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
    1. Radial
    2. Bias
    3. Solid
  2. By Vehicle Type
    1. Loader
    2. Dump Truck
    3. Excavator
    4. Grader
    5. Cranes
    6. Others
  3. By Application
    1. Construction & Mining
    2. Agriculture
    3. Industrial
    4. Others
  4. By Sales Channel
    1. OEM
    2. Aftermarket
  5. By Country
    1. Saudi Arabia
    2. UAE
    3. Turkey
    4. Qatar
    5. Oman
    6. Bahrain
    7. Kuwait
    8. South Africa
    9. Egypt
    10. Nigeria
    11. Kenya
    12. Rest of Middle East and Africa
Saudi Arabia OTR Tire Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
UAE OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Turkey OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Qatar OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Oman OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Bahrain OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Kuwait OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
South Africa OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Egypt OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Nigeria OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Kenya OTR Vehicle Market Overview
1. Market Size & Forecast by Value, 2018–2028
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Tires Type
  2. By Vehicle Type
  3. By Application
  4. By Sales Channel
Competitive Landscape
1. List of Key Players and Their Offerings
2. Market Share Analysis, 2021
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
Impact of Covid-19 on Middle East and Africa OTR Tire Market
Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
1. Bridgestone Middle East & Africa FZE
2. Promoteon Tire Group S.R.L.
3. Triangle Tire Co. Ltd.
4. Petlas Lastik San. Tic. Inc.
5. MRF Limited
6. The Goodyear Tire & Rubber Co.
7. Balkrishna Industries Limited
8. Yokohama Rubber Company
9. JK Tires and Industries
10. Compagnie Generale des Etablissements Michelin SCA (Michelin SCA)
11. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Region
5. Assumption & Limitation

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure 1 Middle East and Africa OTR Tire Market Segmentation

Figure 2 Middle East and Africa OTR Tire Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2021

Figure 4 Middle East and Africa OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 5 Middle East and Africa OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 6 Middle East and Africa OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 7 Middle East and Africa OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 8 Middle East and Africa OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 9 Middle East and Africa OTR Tire Market Share, By Country, By Value, 2018–2028

Figure 10 Saudi Arabia OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 11 Saudi Arabia OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 12 Saudi Arabia OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 13 Saudi Arabia OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 14 Saudi Arabia OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 15 UAE OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 16 UAE OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 17 UAE OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 18 UAE OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 19 UAE OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 20 Turkey OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 21 Turkey OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 22 Turkey OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 23 Turkey OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 24 Turkey OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 25 Qatar OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 26 Qatar OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 27 Qatar OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 28 Qatar OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 29 Qatar OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 30 Oman OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 31 Oman OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 32 Oman OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 33 Oman OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 34 Oman OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 35 Bahrain OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 36 Bahrain OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 37 Bahrain OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 38 Bahrain OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 39 Bahrain OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 40 Kuwait OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 41 Kuwait OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 42 Kuwait OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 43 Kuwait OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 44 Kuwait OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 45 South Africa OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 46 South Africa OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 47 South Africa OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 48 South Africa OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 49 South Africa OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 50 Egypt OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 51 Egypt OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 52 Egypt OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 53 Egypt OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 54 Egypt OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 55 Nigeria OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 56 Nigeria OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 57 Nigeria OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 58 Nigeria OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 59 Nigeria OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 60 Kenya OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 61 Kenya OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 62 Kenya OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 63 Kenya OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 64 Kenya OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

Figure 65 Rest of Middle East & Africa OTR Tire Market Size, By Value (USD Billion), 2018–2028

Figure 66 Rest of Middle East & Africa OTR Tire Market Share, By Tires Type, By Value, 2018–2028

Figure 67 Rest of Middle East & Africa OTR Tire Market Share, By Vehicle Type, By Value, 2018–2028

Figure 68 Rest of Middle East & Africa OTR Tire Market Share, By Application, By Value, 2018–2028

Figure 69 Rest of Middle East & Africa OTR Tire Market Share, By Sales Channel, By Value, 2018–2028

List of Table

Table 1 Middle East and Africa OTR Tire Size, By Tires Type, By Value, 2018–2028

Table 2 Middle East and Africa OTR Tire Size, By Vehicle Type, By Value, 2018–2028

Table 3 Middle East and Africa OTR Tire Size, By Application, By Value, 2018–2028

Table 4 Middle East and Africa OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 5 Middle East and Africa OTR Tire Market Size, By Country, By Value, 2018–2028

Table 6 Saudi Arabia OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 7 Saudi Arabia OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 8 Saudi Arabia OTR Tire Market Size, By Application, By Value, 2018–2028

Table 9 Saudi Arabia OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 10 UAE OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 11 UAE OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 12 UAE OTR Tire Market Size, By Application, By Value, 2018–2028

Table 13 UAE OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 14 Turkey OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 15 Turkey OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 16 Turkey OTR Tire Market Size, By Application, By Value, 2018–2028

Table 17 Turkey OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 18 Qatar OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 19 Qatar OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 20 Qatar OTR Tire Market Size, By Application, By Value, 2018–2028

Table 21 Qatar OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 22 Oman OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 23 Oman OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 24 Oman OTR Tire Market Size, By Application, By Value, 2018–2028

Table 25 Oman OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 26 Bahrain OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 27 Bahrain OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 28 Bahrain OTR Tire Market Size, By Application, By Value, 2018–2028

Table 29 Bahrain OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 30 Kuwait OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 31 Kuwait OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 32 Kuwait OTR Tire Market Size, By Application, By Value, 2018–2028

Table 33 Kuwait OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 34 South Africa OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 35 South Africa OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 36 South Africa OTR Tire Market Size, By Application, By Value, 2018–2028

Table 37 South Africa OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 38 Egypt OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 39 Egypt OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 40 Egypt OTR Tire Market Size, By Application, By Value, 2018–2028

Table 41 Egypt OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 42 Nigeria OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 43 Nigeria OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 44 Nigeria OTR Tire Market Size, By Application, By Value, 2018–2028

Table 45 Nigeria OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 46 Kenya OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 47 Kenya OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 48 Kenya OTR Tire Market Size, By Application, By Value, 2018–2028

Table 49 Kenya OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 50 Rest of Middle East & Africa OTR Tire Market Size, By Tires Type, By Value, 2018–2028

Table 51 Rest of Middle East & Africa OTR Tire Market Size, By Vehicle Type, By Value, 2018–2028

Table 52 Rest of Middle East & Africa OTR Tire Market Size, By Application, By Value, 2018–2028

Table 53 Rest of Middle East & Africa OTR Tire Market Size, By Sales Channel, By Value, 2018–2028

Table 54 Bridgestone Middle East & Africa FZE Company Overview

Table 55 Bridgestone Middle East & Africa FZE Financial Overview

Table 56 Promoteon Tire Group S.R.L. Company Overview

Table 57 Promoteon Tire Group S.R.L. Financial Overview

Table 58 Triangle Tire Co. Ltd. Company Overview

Table 59 Triangle Tire Co. Ltd. Financial Overview

Table 60 Petlas Lastik San. Tic. Inc. Company Overview

Table 61 Petlas Lastik San. Tic. Inc. Financial Overview

Table 62 MRF Limited Company Overview

Table 63 MRF Limited Financial Overview

Table 64 The Goodyear Tire & Rubber Co. Company Overview

Table 65 The Goodyear Tire & Rubber Co. Financial Overview

Table 66 Balkrishna Industries Limited Company Overview

Table 67 Balkrishna Industries Limited Financial Overview

Table 68 Yokohama Rubber Company Company Overview

Table 69 Yokohama Rubber Company Financial Overview

Table 70 JK Tires and Industries Company Overview

Table 71 JK Tires and Industries Financial Overview

Table 72 Compagnie Generale des Etablissements Michelin SCA (Michelin SCA) Company Overview

Table 73 Compagnie Generale des Etablissements Michelin SCA (Michelin SCA) Financial Overview

Market Segmentation

By Tires Type

Radial
Bias
Solid

By Vehicle Type

Loader
Dump Truck
Excavator
Grader
Cranes

By Application

Construction & Mining
Agriculture
Industrial

By Sales Channel

OEM
Aftermarket

By Country

Saudi Arabia
UAE
Turkey
Qatar
Oman
Bahrain
Kuwait
South Africa
Egypt
Nigeria
Kenya
Rest of Middle East and Africa

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Frequently Asked Questions (FAQs):

1. Which sales channel segment accounted for a higher market share in Middle East and Africa OTR Tire Market?

Ans: The aftermarket segment accounted for a higher market share in the Middle East and Africa OTR Tire Market by sales channel.

2. What are the major factors driving the growth of Middle East and Africa OTR Tire Market?

Ans: Major factors driving the growth of Middle East and Africa OTR Tire Market include increasing construction and mining activity, growing infrastructural development, rising government funding for agriculture machinery and surging demand for affordable and sustainable tires.

3. What is the expected growth rate of Middle East and Africa OTR Tire Market during the forecast period?

Ans: Middle East and Africa OTR Tire Market size is projected to grow at a CAGR of 4.3% during the forecast period between 2022 and 2028.

4. Name the key players in Middle East and Africa OTR Tire Market.

Ans: Key players in Middle East and Africa OTR Tire Market include Bridgestone Middle East & Africa FZE, Promoteon Tire Group S.R.L., Triangle Tire Co. Ltd., Petlas Lastik San. Tic. Inc., MRF Limited, The Goodyear Tire & Rubber Co., Balkrishna Industries Limited, Yokohama Rubber Company, JK Tires and Industries, and Compagnie Generale des Etablissements Michelin SCA (Michelin SCA).

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