MarkNtel Advisors – Leading Market Research Company found GCC Tire Market is expected to reach 4.8% CAGR Growth By 2027.

This report provides a comprehensive analysis of the GCC Tire Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.

Comprehensive Analysis of the GCC Tire Market

Base Year: 2021

Forecast Years: 2022-2027

Historical Years: 2017-2020

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Scope of the GCC Tire Market Report:

The GCC Tire Market is projected to grow at a CAGR of around 4.8% during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven primarily by the rapidly increasing vehicle sales across the GCC region, owing prominently to the improving economy, changing living standards, & growing preference for private vehicle ownership, i.e., propelling the demand for vehicles and directly impacting the tire market.

What are the different Segment Available in the GCC Tire Market?

By Vehicle Type

  • Passenger Cars
    • SUV
    • Sedan
    • Hatchback & Bakkies
  • Light Commercial Vehicles (LCV)
    • Light Trucks
    • Light Buses
    • Pickup trucks & Vans
  • Medium & High Commercial Vehicles
    • Bus
    • Truck
  • Two Wheelers
    • Moped
    • Scooters
    • Motorcycles
  • Off the Road (OTR)
    • Earthmoving Equipment
    • Material Handling Equipment
    • Industrial & Mining Equipment

By Demand Type

  • OEM
  • Replacement

By Type of Tire

  • Radial
  • Bias

By Season

  • All Season
  • Summer

By Rim Size

  • Upto 12
  • 1” to 15”
  • 1.” to 18”
  • 1” to 20”
  • 1” to 22.5”
  • 6” to 26”
  • 1” to 35”
  • 1” to 47”
  • Above 47”

By Price Category

  • Low
  • Medium
  • High

By Country

  • Saudi Arabia
  • UAE
  • Qatar
  • Kuwait
  • Bahrain
  • Oman.

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/gcc-tire-market.html

Leading GCC Tire companies operating in the Market

  • Hankook
  • Bridgestone
  • Goodyear
  • Michelin
  • Continental
  • Toyo
  • Kumho
  • Apollo.

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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