The Uruguay Off the Road (OTR) Tire Market is estimated to grow at a CAGR of around 5.11% during the forecast period, i.e., 2021-26.
Key Findings of the Study: Uruguay Off the Road (OTR) Tire Market
Market Driver – Strong Agriculture Sector.
The strong agriculture sector of Uruguay has contributed significantly to the growing demand for agriculture tires, which are used mainly in tractors, seeders, combines, fertilizer spreaders, etc., imported from Brazil, the US, Uruguay, and China. Agriculture makes up about 6% of Uruguay’s GDP, which comprises roughly 80% of exports and plays a leading role in Uruguay’s economy. As of 2019, Uruguay was the world’s 6th largest soy exporter and 10th largest rice exporter. This growing agriculture sector of Uruguay, energized by significant investments in forestry, is expected to boost the agriculture activities in the country, which, in turn, would stimulate the demand for agro tires.
“In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”
Access Free Sample Report – https://www.marknteladvisors.com/query/request-sample/uruguay-off-the-road-tire-market.html
Scope of the Report and Uruguay Off the Road (OTR) Tire Market Segmentation
By Type of Equipment
-Earth Moving Equipment
–Excavator
–Grader
–Loader
–Bulldozer
–Road roller
-Material Handling Equipment
–Crane
–Forklifts
-Agricultural Equipment
–Tractor
–Combines
–Others
- Agriculture segment Dominated the market
By End-Users
-Construction
-Industrial
-Mining
-Agriculture
-Ports
By Type of Tire
-Radial
-Bias
By Demand Type
-OEMs
-Aftermarket
By Price Category
-Budget
-Premium
-Economy
By Rim Size
-Up to 20”
-20.1″ to 26″
-26.1″ to 35″
-35.1″ to 47″
-Above 47″
Top leading companies in the Uruguay Off the Road (OTR) Tire Market includes:
Bridgestone, MAXAM tires, Techking Tires Ltd., Balkrishna Industries Limited (BKT), Continental AG, Fabrica Uruguaya de Neumaticos S.A. (FUNSA), Triangle, Others
For more detailed information about the Uruguay Off the Road (OTR) Tire market report, click here – https://www.marknteladvisors.com/research-library/uruguay-off-the-road-tire-market.html
Note: If you require specific information not covered in the current report, we can provide it through customized option
Related Reports: –
https://www.openpr.com/news/3396952/global-workplace-safety-market-reach-usd-14-9-billion-in-2021
https://www.openpr.com/news/3391034/global-pea-protein-market-size-hits-usd-1-4-billion-mark-in-2022
https://www.openpr.com/news/3391021/global-green-hydrogen-market-expected-to-witness-a-15-7-cagr
Why choose Us?
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
For Media Inquiries, Please Contact:
Call: +1 628 895 8081 | +91 120 4278433
Email: [email protected]
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
