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September 4, 2025

Chile Off-the-Road (OTR) Tire Market Share, Size & Competitive Landscape Report 2030

Chile Off-the-Road (OTR) Tire Market Size & Insights

The Chile Off-the-Road Tire Market size was valued at around USD 176 million in 2024 and is projected to reach USD 218 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.18% during the forecast period, i.e., 2025-30.

The Chile Off-the-Road (OTR) Tire Market is significantly growing due to several growth factors, including the rapidly growing gaming industry, the rising demand for electronic devices, including TVs, smartphones, monitors, wearables, etc., the infrastructural development & expansion of production facilities, and the integration of artificial intelligence in Chile Off-the-Road (OTR) Tire.

What are the Key DROs in the Chile Off-the-Road (OTR) Tire Market?

Increasing Construction Activities in the Country Fueling Market Demand – The country is recording a considerable rise in construction activities due to many new projects aligned in the coming years. The country is also working on replenishing its aged infrastructure, like roads, ports, bridges, and more, to ensure modern and safe infrastructure. The country has recorded various public and private investments in the construction of buildings, highways, railways, ports, and airports. For instance, in 2024, the Public Works Ministry planned to invest USD 16.6 billion in 43 concession projects in Chile over 5 years from 2024 to 2028. The initiation of these projects will make use of large construction vehicles such as earthmoving equipment, rollers, cranes, and more for longer durations.

The rugged terrain and long continuous usage necessitate the use of specialized OTR tires for heavy machinery and equipment, which maintain grip and balance and are suitable for the harsh surroundings of mining sites. Hence, the industry is anticipated to drive the growth of the OTR tire market in the forecasted period.

What are the Key Segments in the Chile Off-the-Road (OTR) Tire Market?

The Chile Off-the-Road (OTR) Tire is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

-By Tire Type

Radial-Market Size & Forecast 2020-2030F, Units Sold (Thousands)
Bias-Market Size & Forecast 2020-2030F, Units Sold (Thousands)

-By Sales Channel

Online-Market Size & Forecast 2020-2030F, Units Sold (Thousands)
Direct Sales-Market Size & Forecast 2020-2030F, Units Sold (Thousands)
Multi Brand Stores-Market Size & Forecast 2020-2030F, Units Sold (Thousands)
Exclusive Outlets-Market Size & Forecast 2020-2030F, Units Sold (Thousands)

-By Price Category

Budget-Market Size & Forecast 2020-2030F, Unit Sold (Thousand)
Economy-Market Size & Forecast 2020-2030F, Unit Sold (Thousand)
Premium-Market Size & Forecast 2020-2030F, Unit Sold (Thousand)

-By Season

Summer-Market Size & Forecast 2020-2030F, Unit Sold (Thousand)
All Season-Market Size & Forecast 2020-2030F, Unit Sold (Thousand)

-By Tire Size

Tire Size 1 -Market Size & Forecast 2020-2030F, Units Sold (Thousands)
Tire Size 2 -Market Size & Forecast 2020-2030F, Units Sold (Thousands)
Tire Size 3 -Market Size & Forecast 2020-2030F, Units Sold (Thousands)
Tire Size 4 -Market Size & Forecast 2020-2030F, Units Sold (Thousands)
Tire Size 5- Market Size & Forecast 2020-2030F, Units Sold (Thousands)

-By End-User

Construction
Industrial
Mining
Agriculture
Ports

Chile is an agriculture-based economy with a sizeable investment and population employed in agricultural activities.

-By Type of Equipment

Earth Moving Equipment
Material Handling Equipment
Agricultural Equipment

In 2024, agricultural equipment led by tractors completely dominated the market with a market share of around 70%.

Who are the Key Players in Chile Off-the-Road (OTR) Tire Market?

Continental
Yokohama
Michelin
Bridgestone
Triangle Tires
Double Coin
Trelleborg
CST

Chile Off-the-Road (OTR) Tire Industry Recent Developments

February 2025: Goodyear Tire & Rubber Company completed the previously announced divestiture of its OTR tire segment to Yokohama Rubber Company, Limited, valued at approximately USD 905 million.

Key pillars of the research methodology include:

Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.
Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

In-depth Market Analysis: Understand trends and dynamics shaping growth.
Segmented Insights: Target specific segments for focused strategies.
Geographical Performance: Assess market opportunities by geographic area.
Emerging Technologies: Discover advancements like AI integration.
Risk Identification: Pinpoint challenges to inform strategic planning.
Future Forecasts: Prepare for market changes with actionable projections.

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