Philippines OTR Tire Market Research Report: Forecast (2021-2026)

Name: Philippines OTR Tire Market Research Report: Forecast (2021-2026)
Creator: MarkNtel Advisors
License: https://www.marknteladvisors.com/privacy-policy

By Type Of Equipment (Earthmoving Equipment [Excavator, Grader, Loader, Bulldozer, Road Roller], Material Handling Equipment [Crane, Forklifts], Agricultural Equipment [Tractor, Co...mbines, Others]), By End-User (Construction, Industrial, Mining, Agriculture, Ports), By Tire Type (Radial and Bias), By Demand Category (OEM & Replacement), By Price Category (Budget, Economy, Premium), By Rim Size (Upto 20”, 20.1” to 26”, 26.1” to 35”, Above 35”), By Company (Bridgestone Corporation, Goodyear Philippines, Inc., Yokohama Rubber Co., Michelin Tires, Toyo Tire, Kumho Tire Co., Ltd., Zhongce Rubber Group Co., Ltd., Continental, Sumitomo Rubber Industries Ltd., Others) Read more

Tire
Dec 2020
Pages 108
Report Format: PDF, Excel, PPT

Get Actionable Insights for Smarter Decisions: Regional and country reports in one place pick a location for insights and Trends.

Philippines OTR Tires Market Analysis, 2020 research report depicts a deep dive market analysis of statistics of Philippines OTR Tires 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.

Report Coverage	Details
Study Period	Historical Data: 2016-20
	Base Year: 2020
	Forecast Period: 2021-26
Key Companies Profiled	Bridgestone Corporation, Goodyear Philippines, Inc., Yokohama Rubber Co., Michelin Tires, Toyo Tire, Kumho Tire Co., Ltd., Zhongce Rubber Group Co., Ltd., Continental, Sumitomo Rubber Industries Ltd., Others
Unit Denominations	USD Million/Billion

Market Opportunities

According to MarkNtel Advisors’ research report “Philippines OTR Tires Market Analysis, 2020”, the Philippines OTR Tires market is anticipated to grow at a considerable CAGR during 2021-26F. The growth of the market is attributed to increasing technological advancements in the OTR tires by the market players, burgeoning adoption of radial tires, increasing demand for agricultural tractor and widespread penetration of Chinese brand in the OTR segment. Moreover, the increasing spending by the government in the large-scale infrastructure project, strong growth in the mining and construction sector and snowballing government subsidies on equipment are the factors projected to fuel the growth of the market in the forecast period. However, the COVID-19 outburst has a pessimistic impact on the market growth owing to close border, disruption in the supply chain and halt on various construction activities. Although the market is coming back on the track and various construction activities have started which is projected to accelerate the market growth

Philippines OTR Tire Market Research Report : Industry Forecast

Market Segmentation

Earthmoving Equipment Acquired the Considerable Market Share

Based on the Type of Equipment, Earthmoving Equipment acquired the considerable market share in Philippines OTR Tire market in 2020. This is due to introduction of BBB” program by the government which would consists around 20,000 infrastructure projects nationwide such as roads, highways, government centers, airports, seaports, terminals, hospitals, schools, and growth in the residential and commercial sector. Moreover, agricultural tractor is also projected to grow at a significant rate on account of boost in agriculture crop production and increasing mechanization rate. Hence, this is expected to place a positive impact towards the growth of OTR Tires market in the coming years as revealed by the MarkNtel Advisors’ research report “Philippines OTR Tires Market Analysis, 2020”.

Competitive Landscape

According to MarkNtel Advisors’, the key players with a considerable market share in the Philippines OTR Tires market include Bridgestone Corporation, Goodyear Philippines, Inc., Yokohama Rubber Co., Michelin Tires, Toyo Tire, Kumho Tire Co., Ltd., Zhongce Rubber Group Co., Ltd., Cooper Tires & Rubber Company, Continental, Sumitomo Rubber Industries Ltd., etc.

Key Questions Answered in the Market Research Report:

What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Philippines OTR Tires Market?
What is the country wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations in the Philippines OTR Tires Market?
Who are the key competitors or market players and how they perform in Philippines OTR Tires Market on the basis of competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Philippines OTR Tires Market study?

Market Outlook, Segmentation and Statistics:

Impact of COVID-19 on Philippines OTR Tire Market
Philippines OTR Vehicle Market Overview
- Leading Manufacturers and their Annual Production
- Market Brief
Market Size & Analysis
- By Revenues
- Units Sold (Million Units)
Market Share & Analysis
- By Type of Equipment
  - Earthmoving Equipment
    - Excavator
    - Grader
    - Loader
    - Bulldozer
    - Road Roller
  - Material Handling Equipment
    - Crane
    - Forklifts
  - Agricultural Equipment
    - Tractor
    - Combines
    - Others
- By End-Users
  - Construction
  - Industrial
  - Mining
  - Agriculture
  - Ports
- By Type of Tire
  - Radial
  - Bias
- By Demand Type
  - OEMs
  - Aftermarket
- By Price Category
  - Budget
  - Economy
  - Premium
- By Rim Size
  - Upto 20”
  - 20.1” to 26”
  - 26.1” to 35”
  - Above 35”
- By Company
  - Revenue Shares
  - Strategic Factorial Indexing
  - Competitor Placement in MarkNtel Quadrant
Philippines OTR Tire Market Policies, Regulations, Product Standards
- Import Tariff
- Anti-Dumping Duties
- Rubber or Carbon Norms
Philippines OTR Tire Market Trends & Insights
Philippines OTR Tires Market Hotspots & Opportunities
Competition Outlook
- Competitor Wise Growth Strategies
- Company Profiles

Frequently Asked Questions

A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

A. The market size/industry size or the market value is measured in terms of USD Million.

A. The growth rate of Philippines OTR Tires Market during 2021-26F is forecast to grow at a considerable CAGR.

Introduction
1. Product Definition
2. Research Process
3. Market Segmentation
4. Assumptions
Preface
Executive Summary
Impact of COVID-19 on Philippines OTR Tire Market
Philippines OTR Vehicle Market Overview
1. Leading Manufacturers and their Annual Production
2. Market Brief
Philippines OTR Tire Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. Revenues
  2. Units Sold (Million Units)
2. Market Share & Analysis
  1. By Type of Equipment
    1. Earthmoving 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. Economy
    3. Premium
  6. By Rim Size
    1. Upto 20”
    2. 20.1” to 26”
    3. 26.1” to 35”
    4. Above 35”
  7. By Company
    1. Competition Characteristics
    2. Market Share & Analysis
    3. Competitive Matrix
Philippines Earthmoving Equipment Tire Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. Revenues
  2. Units Sold (Million Units)
2. Market Share & Analysis
  1. By End-Users
  2. By Type of Tire
  3. By Demand Type
  4. By Price Category
  5. By Rim Size
Philippines Material Handling Equipment Tire Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. Revenues
  2. Units Sold (Million Units)
2. Market Share & Analysis
  1. By End-Users
  2. By Type of Tire
  3. By Demand Type
  4. By Price Category
  5. By Rim Size
Philippines Agricultural Equipment Tire Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. Revenues
  2. Units Sold (Million Units)
2. Market Share & Analysis
  1. By Type of Tire
  2. By Demand Type
  3. By Price Category
  4. By Rim Size
Philippines OTR Tire Market Policies, Regulations, Product Standards
1. Import Tariff
2. Anti-Dumping Duties
3. Rubber or Carbon Norms
Philippines OTR Tire Market Trends & Insights
Philippines OTR Tire Market Dynamics
1. Growth Drivers
2. Challenges
3. Impact Analysis
Philippines OTR Tire Market Hotspot & Opportunities
Philippines OTR Tire Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Competition Matrix
  1. Product/ Solution Portfolio
  2. Target Markets
  3. Target End Users
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
  1. Bridgestone Corporation
  2. Goodyear Philippines, Inc.
  3. Yokohama Rubber Co.
  4. Michelin Tires
  5. Toyo Tire
  6. Kumho Tire Co., Ltd.
  7. Zhongce Rubber Group Co., Ltd.
  8. Continental
  9. Sumitomo Rubber Industries Ltd.
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

Flexible Licensing Options

We offer flexible licensing options to cater to varying organizational needs. Choose the pricing pack that best suits your requirements:

Buy Now

Inquire Before Buying

Talk to our Consultant

Request Customization

Global / Regional Reports

Report Walkthrough

Related Reports

Customization Offered

Our Clients

Client Testimonial

The decision to outsource a significant portion of clinical trials to India was initially met with skepticism, but with the assistance of MarkNtel, the process proved to be highly successful. MarkNtel likely played a crucial role in facilitating and managing the outsourcing venture, providing expertise, guidance, and possibly acting as a liaison between your company and the outsourced partners in India.

Head of Planning - A FMCG Company

We were very impressed with the thoroughness of the research, professionalism, calibre, detail, and robustness of the work, as well as with how MarkNtel went above and beyond to encourage us to consider our strategies and the originality of the analytical framework used to support them, to name just a few facets of the engagement. We were pleasantly surprised by the analysis's results and recommendations, which well above our initial projections.

Business head - Pharmaceutical Giant

We have cross-validated your information with our sales and marketing guys on the field and your findings represent the true picture. This is the first time a research firm has not shown us disappointment. I like the way your team keeps sharing the new developments or changes in the industry even after the completion of our mutual contract. I really appreciate your client caring attitude. Keep going!

Country Head - (A leading Latin American Energy Conglomerate)

Head of Planning - A FMCG Company

Business head - Pharmaceutical Giant

Country Head - (A leading Latin American Energy Conglomerate)

Philippines OTR Tire Market Research Report: Forecast (2021-2026)

Philippines OTR Tire Market Statistics and Insights, 2025