Paraguay Off-The- Road (OTR) Vehicle Tire

Paraguay Off-The- Road (OTR) Vehicle Tire Market Research Report: Forecast (2021-2026)

By Type of Equipment (Earthmoving Equipment, Material Handling and Agricultural Equipment), By Demand Type (OEM, Replacement), By Type of Tire (Radial, Bias), By Price Category (Budget, Economy, Premi Read more

  • Tire
  • Sep 2021
  • 102
  • TR44012

Off-The-Road Vehicle Tire is referred to as a heavy-duty vehicle that has higher traction and a stronger grip also known as mud-terrain tires & all-terrain tires. It includes excavators, loaders, bulldozers, forklifts, agriculture equipment, and others. These vehicles are used majorly for the construction, industrial, mining, and agricultural sector.

The “Paraguay Off-The- Road (OTR) Vehicle Tire Market” is likely to grow at a CAGR of around 3% during the forecast period i.e. 2021-26, says MarkNtel Advisors. The market growth primarily attributes to positive influence of agriculture sector on the economy as the sector has a significant contribution to it. This is due to the high production of soybean in the country coupled with the surging export of soybean and other grains. However, the Paraguay economy witnessed a slump due to heavy floods and harsh weather conditions that severely affected the agriculture, livestock, and construction sectors in 2019. This, further reduced the demand for excavators, loaders, bulldozers, and agricultural equipment in the country, thus, impacting the sales of OTR tires as well.

The research report, "Paraguay Off-The-Road (OTR) Vehicle Tire Market Analysis, 2021," depicts a deep-dive market analysis of market statistics, which mainly consists of country’s market size, market forecast, CAGR & market share of market segmentation, competitive benchmarking, and key market drivers & restraints.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR(2021-26) 3%
Key Companies Profiled Group Michelin, Bridgestone, Goodyear Tire and Rubber, Pirelli & C., Continental AG, Yokohama Rubber Company, Shandong Linglong Tire, Others
Unit Denominations USD Million/Billion

 

COVID-19 Pandemic Positively Impacted the Market Growth

In 2020, the outbreak of the Coronavirus pandemic impacted different sectors, majorly those, which already had stagnant growth for the past few years due to recession and political instability. Besides, the agricultural sector got affected to a lesser extent since the flood that came in 2019 gave a fruitful agriculture harvest in 2020 and a relatively strengthened livestock situation. In addition, the industrial sector felt a medium impact due to the presence of local & international logistical problems, limited traffic, and a halt in several activities.  

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Impact of COVID-19 on Paraguay OTR Tire Market
  4. Paraguay Off the Road (OTR) Vehicle Tire Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By Type of Equipment
        1. Earth Moving Equipment
          1. Excavator
          2. Grader
          3. Loader
          4. Bulldozer
          5. Road roller 
        2. Material Handling Equipment
          1. Crane
          2. Forklifts
        3. Agricultural Equipment
          1. Tractor
          2. Combines
          3. Others
      2. By End-Users
        1. Construction
        2. Industrial
        3. Mining
        4. Agriculture
        5. Ports
      3. By Type of Tire
        1. Radial
        2. Bias
      4. By Demand Type
        1. OEMs
        2. Aftermarket
      5. By Price Category
        1. Budget
        2. Premium
        3. Economy
      6. By Rim Size
        1. Up to 20”
        2. 20.1" to 26"
        3. 26.1" to 35"
        4. 35.1" to 47"
        5. Above 47"
      7. By Competitors
        1. Competition Characteristics
        2. Units Sold, By Competitors
        3. Competitive Metrix
  5. Paraguay Earthmoving Equipment Tire Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By End Users
      2. Type of Tire
      3. Demand Type
      4. Price Category
      5. Rim Size
  6. Paraguay Material Handling Equipment Tire Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By End Users
      2. Type of Tire
      3. Demand Type
      4. Price Category
      5. Rim Size
  7. Paraguay Agricultural Equipment Tire Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By End Users
      2. Type of Tire
      3. Demand Type
      4. Price Category
      5. Rim Size
  8. Paraguay Off the Road (OTR) Vehicle Tire Market Trends & Insights
  9. Paraguay Off the Road (OTR) Vehicle Tire Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  10. Paraguay Off the Road (OTR) Vehicle Tire Market Policy & Regulations
    1. Import Tariff
    2. Anti- Dumping Duties
    3. Rubber or Carbon Norms
  11. Paraguay Off the Road (OTR) Vehicle Tire Market Import Export Statistics
  12. Paraguay Off the Road (OTR) Vehicle Tire Market Hotspot & Opportunities
  13. Paraguay Off the Road (OTR) Vehicle Tire Market Key Strategic Imperatives for Success & Growth
  14. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Specialization
      3. Target Markets
      4. Target End Users
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Group Michelin
      2. Bridgestone
      3. Goodyear Tire and Rubber
      4. Pirelli & C.
      5. Continental AG
      6. Yokohama Rubber Company
      7. Shandong Linglong Tire
      8. Others
  15. Disclaimer
Paraguay Off The Road (OTR) Tire Market Segmentation
*This field is required