Chile Off-the-Road (OTR) Tire Market Size, Share & Forecast Analysis to 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 Global 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 Type of Equipment

-Earth Moving Equipment- Market Size & Forecast 2020-2030, Thousand Units

-Excavator- Market Size & Forecast 2020-2030, Thousand Units

-Grader- Market Size & Forecast 2020-2030, Thousand Units

-Loader- Market Size & Forecast 2020-2030, Thousand Units

-Bulldozer- Market Size & Forecast 2020-2030, Thousand Units

-Road roller – Market Size & Forecast 2020-2030, Thousand Units

-Material Handling Equipment

-Crane- Market Size & Forecast 2020-2030, Thousand Units

-Forklifts- Market Size & Forecast 2020-2030, Thousand Units

Agricultural Equipment

-Tractors- Market Size & Forecast 2020-2030, Thousand Units

-Combines- Market Size & Forecast 2020-2030, Thousand Units

-Others- Market Size & Forecast 2020-2030, Thousand Units

By Tire Size

-Tire Size 1- Market Size & Forecast 2020-2030, Thousand Units

-Tire Size 2- Market Size & Forecast 2020-2030, Thousand Units

-Tire Size 3- Market Size & Forecast 2020-2030, Thousand Units

-Tire Size 4- Market Size & Forecast 2020-2030, Thousand Units

-Tire Size 5- Market Size & Forecast 2020-2030, Thousand Units

-Others- Market Size & Forecast 2020-2030, Thousand Units

By Demand Type

-OEM- Market Size & Forecast 2020-2030, Thousand Units

-Aftermarket- Market Size & Forecast 2020-2030, Thousand Units

By Type of Tire

-Radial- Market Size & Forecast 2020-2030, Thousand Units

-Bias- Market Size & Forecast 2020-2030, Thousand Units

By Sales Channel

-Exclusive Stores- Market Size & Forecast 2020-2030, Thousand Units

-Authorised Dealers or Distributors- Market Size & Forecast 2020-2030, Thousand Units

-Online- Market Size & Forecast 2020-2030, Thousand Units

-Others- Market Size & Forecast 2020-2030, Thousand Units

By Price Category

-Budget (Up to USD 400)- Market Size & Forecast 2020-2030, Thousand Units

-Economy (USD 401 – USD 1,500)- Market Size & Forecast 2020- 2030, Thousand Units

-Premium (Above USD 1,500)- Market Size & Forecast 2020- 2030, Thousand Units

By End-Users

-Construction- Market Size & Forecast 2020-2030, Thousand Units

-Industrial- Market Size & Forecast 2020-2030, Thousand Units

-Mining- Market Size & Forecast 2020-2030, Thousand Units

-Agriculture- Market Size & Forecast 2020-2030, Thousand Units

-Ports- Market Size & Forecast 2020-2030, Thousand Units

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By Region

-Northern Chile

-Central Chile

-Southern Chile.

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

Continental, Yokohama, Bridgestone, Michelin, Pirelli, Triangle Tires, Maxxis Chile, Double Coin, Trelleborg, CST, and Others.

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Chile Off-the-Road (OTR) Tire Market News

• 2025: BOE Technology Group showcased curved and foldable automotive displays up to 17 inches, featuring a unique “breathing display” design. The company also planned curved Mini LED monitors, including a 34″ (1500R, 165Hz) and a 39.7″ (1400R, 144Hz) model with high resolutions and over 1,000 dimming zones. These products began launching in late 2023 and continued into 2025.
• 2025: LG Display launched the LG UltraFine 40U990A-W is a 40-inch curved business monitor. It features a sharp 5K2K resolution (5120×2160), Thunderbolt 5 connectivity, and a smooth 120Hz refresh rate. With a 1000R curve, it offers an immersive viewing experience.

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