Middle East OTR tire market is projected to exhibit a CAGR of over 10%, in value terms, during 2017-2022, on the back of increasing use of equipment in agriculture and industrial sectors. Moreover, increasing investments in construction sector of Middle East is resulting in growth in demand for OTR vehicles in the region, which in turn generates the demand for OTR tires. Iran and Saudi Arabia dominate the region’s OTR market on back of increasing requirement for continuous OTR vehicle for mining, construction and industrial purposes.
According to “Middle East OTR Tire Market By Vehicle Type, By Company, By Demand Category Forecast & Opportunities, 2022”, some of the major players operating in Middle East OTR Tire Market are Continental AG, 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. “Middle East OTR Tire Market By Vehicle Type, By Company, By Demand Category Forecast & Opportunities, 2022” discusses the following aspects of Middle East OTR tire market:
Why You Should Buy This Report?
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with OTR tire manufacturers, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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