Chile Tire Market Analysis, 2020 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.
Market Opportunities
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.
Market Segmentation
Replacement segment Acquired the Majority Market Share
Based on Demand Type, the Replacement segment acquired the majority market share in the Chile Tire Market in 2019 due to the absence of automotive OEMs in the country. Moreover, the introduction of electric vehicles, rising sales of two-wheelers, and increasing infrastructure development are expected to propel the replacement demand for the tire. Hence, this is projected to strongly contribute towards the growth of the Tire market in Chile in the near future as revealed by the MarkNtel Advisors’ research report “Chile Tire Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the Chile Tire market include 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.
Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Chile Tire Market?
2. What is the region-wise industry size, growth drivers, and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Chile Tire Market?
4. Who are the key competitors or market players and how they perform in Chile Tire Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of the Chile Tire Market study?
Market Outlook, Segmentation and Statistics
1) Impact of COVID-19
2) Market Size & Analysis
a) By Revenues (USD Billion)
b) By Unit Sold (In Thousand)
3) Market Share & Analysis
a) By Vehicle Type
i) Passenger Cars
(1) SUV
(2) Sedan
(3) Hatchback & Bakkies
ii) Light Commercial Vehicles (LCV)
(1) Light Trucks
(2) Light Buses
(3) Pickup trucks & Vans
iii) Medium & High Commercial Vehicles
(1) Bus
(2) Truck
iv) Two Wheelers
(1) Moped
(2) Scooters
(3) Motorcycles
v) Off the Road (OTR)
(1) Earthmoving Equipment
(2) Material Handling Equipment
(3) Industrial & Mining Equipment
b) By Demand Type
i) OEM
ii) Replacement
c) By Type of Tire
i) Radial
ii) Bias
d) By Season
i) All Season
ii) Summer
e) By Sales Channel
i) Online
ii) Dealers/ Exclusive Outlets
iii) Others
f) By Rim Size
i) Upto 12
ii) 12.1” to 15”
iii) 15.1.” to 18”
iv) 18.1” to 20”
v) 20.1” to 22.5”
vi) 22.6” to 26”
vii) 26.1” to 35”
viii) 35.1” to 47”
ix) Above 47”
g) By Price Category
i) Low
ii) Medium
iii) High
h) By Region
i) Valparaiso
ii) Santiago
iii) B?o B?o
iv) Maule
v) Araucan?a
i) By Company
i) Revenue Shares
ii) Strategic Factorial Indexing
iii) Competitor Placement in MarkNtel Quadrant
4) Chile Tire Market Policies, Regulations, Product Standard
5) Chile Tire Market Hotspots & Opportunities
6) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Chile Tire Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Chile Tire Market during 2021-26F?
A. The Chile Tire Market during 2021-26F is forecast to be grow at a CAGR of 5.1%
Q. Who are the key competitors or players operating in Chile Tire Market?
A. 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., are few of the leading players in the Chile Tire Market.
Q. Which demand type segment would emerge as an opportunity area for players in Chile Tire Market?
A. Replacement segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which distribution channel would emerge as an opportunity area for players in Chile Tire Market?
A. Dealers/ Exclusive Outlets continue to grow at a highest CAGR, presenting immense opportunities for market players of Chile Tire Market.