According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Mexico Off the Road Tire Market - Industry Trends and Forecast to 2026 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Mexico Off the Road Tire Market Analysis and Size

According to the MarkNtel Advisors' research report, "Mexico Off-the-Road Tire (OTR) Market Analysis, 2021," the market is likely to grow at a CAGR of around 2.88% during 2021-26.

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Some of the major players operating in the Mexico Off the Road Tire Market are Goodyear, Pirelli, Continental, Yokohama, Michelin, Bridgestone, CST, Double Coin, Triangle Tires, Zhongce Rubber, etc.

Mexico Off the Road Tire Market Growth Driver:

The construction sector in Mexico has witnessed steady growth in the past few years. The surging industrial, manufacturing, and construction projects in the country are also a few factors contributing to the Mexico Off-the-Road (OTR) tire market growth. In the coming years, some notable mining projects to induce demand for industrial equipment and OTR tires in Mexico include Juanicipio for silver & gold in Zacatecas state, Sonora project for lithium, Buenavista Zinc project for Zinc mining, etc.

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Market Segment and Geographical Analysis

By Type of Equipment

  • Earth Moving 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
  • Premium
  • Economy

By Rim Size

  • Up to 20”
  • 1" to 26"
  • 1" to 35"
  • 1" to 47"
  • Above 47"

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