Chile Tire Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Chile 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.
|Study Period||Historical Data: 2016-20|
|Base Year: 2020|
|Forecast Period: 2021-26|
|Key Companies Profiled||Goodyear Tire & Rubber Company, Pirelli Neumaticos Chile LTDA, Michelin Group, Yokohama Rubber Co. Ltd, Hankook Tire & Technology Group, Kumho Tire Co., Inc., Continental AG, Sumitomo Rubber Industries, Ltd., Toyo Tire Corporation etc.|
|Unit Denominations||USD Million/Billion|
According to MarkNtel Advisors’ research report “Chile Tire Market Analysis, 2020”, the Chile Tire market is anticipated to grow at a considerable CAGR during 2021-26F. The driving factors for the growth of the market are robust industrialization and urbanization, increasing the purchasing power of the consumers, and rising investment of the government into construction activities and the mining sector. Moreover, the outbreak of the COVID-19 has adversely affected the tire market due to disruption in the supply chain as the country is entirely dependent on replacement due to the absence of OEMs.