Nigeria OTR Tyre Market (2019-2025)

Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

 

Product Code: ETC000989 Publication Date: Sep 2019 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Nigeria OTR tyre market is expected to exhibit significant growth during the forecast period as the economy is recovering from the recent recession caused by crash in oil prices in 2016. The demand for OTR tyres in the country is expected to be driven by improving investor sentiment leading to influx of FDI in the construction sector.

According to 6Wresearch, Nigeria OTR Tyre Market size is projected to grow at a CAGR of 3.5% during 2019-25. The OTR tyre market is emerging at a fast rate from the recent period of declining volumes, this recovery is primarily attributed to growth in construction activity across the country, as public financing is helping the government to take on infrastructure development even though a heavy funding deficit exists. Further, with efforts to materialize the country’s natural resources and attracting FDI in the mining sector, the demand for OTR tyres is also likely to grow in the mining domain.

By Type, the radial segment is expected to grow in the country during the forecast period on account of rising number of consumers who are preferring radial tyres over bias tyres as radial technology offers superior durability and operational cost benefits in the form of higher equipment mileage. While, the demand for bias type tyres would continue to decline during the forecast period even though it has lower prices as compared to radial type.

The Nigeria OTR tyre market report thoroughly covers the market by type, applications, sales channels and vehicle types. The Nigeria OTR tyre market outlook report provides an unbiased and detailed analysis of the on-going Nigeria OTR tyre Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Some of the major players in the Nigeria OTR tyre market are Triangle Tyre Ltd., The Goodyear Tire & Rubber Company, Balkrishna Industries Limited (BKT) Bridgestone Middle East & Africa FZE and General Company Establishment Michelin.

Key Highlights of the Nigeria OTR tyre Market Report

  • Nigeria OTR Tyre Market Overview
  • Nigeria OTR Tyre Market Trends
  • Nigeria OTR Tyre Market Forecast
  • Historical data & Forecast of Nigeria OTR Tyre Market Volume for the Period 2016-2018.
  • Nigeria OTR Tyre Market Size & Nigeria OTR Tyre Market Forecast until 2025.
  • Historical Data of Nigeria OTR Tyre Market Volume for the Period 2016-2018.
  • Market Size & Forecast of Nigeria OTR Tyre Market Volume until 2025.
  • Historical Data of Nigeria OTR Tyre Market Volume, by Type, for the Period 2016-2018.
  • Market Size & Forecast of Nigeria OTR Tyre Market Volume, by Type, until 2025.
  • Historical Data of Nigeria OTR Tyre, by Sales Channel, for the Period 2016-2018.
  • Market Size & Forecast of Nigeria OTR Tyre Market Volume, by Sales Channel, until 2025.
  • Historical Data of Nigeria OTR Tyre Market Volume, by Application, for the Period 2016-2018.
  • Market Size & Forecast of Nigeria OTR Market Volume, by Application, until 2025.
  • Historical Data of Nigeria OTR Tyre Market Volume, by Vehicle Type, for the Period 2016-2018.
  • Market Size & Forecast of Nigeria OTR Tyre Market Volume, by Vehicle Type, until 2025.
  • Nigeria OTR Tyre Market Outlook
  • Market Drivers and Restraints
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Nigeria OTR Tyre Market Overview on Competitive Benchmarking
  • Nigeria OTR Tyre Market Share, By players
  • Company Profiles
  • Nigeria OTR Tyre Market Ranking, by Companies
  • Strategic Recommendations

Markets Covered

Nigeria OTR tyre market report provides a detailed analysis of the following market segments:

• By Types
    o Radial
    o Bias

• By Sales Channel
    o OEM
    o Aftermarket

• By Applications
    o Construction
    o Port
    o Mining
    o Others

• By Vehicle Type
    o Loader
    o Dump Truck
    o Excavator
    o Grader
    o Cranes
    o Material Handling Equipment
    o Others

Other Key Related Reports Include:
• UAE OTR Tyre Market Report
• Saudi Arabia OTR Tyre Market Report
• South Africa OTR Tyre Market Report
• Egypt OTR Tyre Market Report

 

 

 

1 Executive Summary

2 Introduction

2.1 Report Description

2.2 Key Highlights of the Report

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Nigeria OTR Tyre Market Overview

3.1 Nigeria Country Indicator

3.2 Nigeria OTR Tyre Market Volume Share, 2018 & 2025F

3.3 Nigeria OTR Tyre Market Volume Share, By Types, 2018 & 2025F

3.4 Nigeria OTR Tyre Market Volume Share, By Sales Channel, 2018 & 2025F

3.5 Nigeria OTR Tyre Market Volume Share, By Applications, 2018 & 2025F

3.6 Nigeria OTR Tyre Market Volume Share, By Vehicle Type, 2018 & 2025F

3.7 Nigeria OTR Tyre Market Industry Life Cycle

3.8 Nigeria OTR Tyre Market Porter's Five Forces

4 Nigeria OTR Tyre Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Nigeria OTR Tyre Market Trends

6 Nigeria OTR Tyre Market Overview, By Types

6.1 Nigeria OTR Tyre Market Volume, By Radial Type, 2016-2025F

6.2 Nigeria OTR Tyre Market Volume, By Bias Type, 2016-2025F

7 Nigeria OTR Tyre Market Overview, By Sales Channel

7.1 Nigeria OTR Tyre Market Volume, By OEM Channel, 2016-2025F

7.2 Nigeria OTR Tyre Market Volume, By Aftermarket Channel, 2016-2025F

8 Nigeria OTR Tyre Market Overview, By Application

8.1 Nigeria OTR Tyre Market Volume, By Construction Application, 2016-2025F

8.2 Nigeria OTR Tyre Market Volume, By Port Application, 2016-2025F

8.3 Nigeria OTR Tyre Market Volume, By Mining, 2016-2025F

8.4 Nigeria OTR Tyre Market Volume, By Other Application, 2016-2025F

9 Nigeria OTR Tyre Market Overview, By Vehicle Types

9.1 Nigeria OTR Tyre Market Volume, By Vehicle Types, 2016-2025F

10 Nigeria OTR Tyre Market Key Performance Indicators

11 Nigeria OTR Tyre Market Opportunity Assessment

11.1 Nigeria OTR Tyre Market Opportunity Assessment, By Types, 2025F

11.2 Nigeria OTR Tyre Market Opportunity Assessment, By Sales Channels, 2025F

11.3 Nigeria OTR Tyre Market Opportunity Assessment, By Applications, 2025F

12 Nigeria OTR Tyre Market Competitive Landcape

12.1 Competitive Benchmarking, By Operating Parameters

12.2 Nigeria OTR Tyre Market Volume Ranking, By Company

13. Company Profiles

14. Key Strategic Recommendations

15. Disclaimer

List of Figures

Figure1. Nigeria OTR Tyre Market Volume, 2016 - 2025F (Hundred Units)

Figure2. Nigeria OTR Tyre Market - Industry Life Cycle, 2018

Figure3. Nigeria OTR Tyre Market Volume Share, By Types, 2018 & 2025F

Figure4. Nigeria OTR Tyre Market Volume Share, By Sales Channels, 2018 & 2025F

Figure5. Nigeria OTR Tyre Market Volume Share, By Applications, 2018 & 2025F

Figure6. Nigeria Construction Application OTR Tyre Market Volume, 2016-2025F (Units)

Figure7. Nigeria Port Application OTR Tyre Market Volume, 2016-2025F (Units)

Figure8. Nigeria Mining Application OTR Tyre Market Volume, 2016-2025F (Units)

Figure9. Nigeria Others Application OTR Tyre Market Volume, 2016-2025F (Units)

Figure10. Nigeria OTR Tyre Market Volume Share, By Vehicle Types, 2018 & 2025F

Figure11. Nigeria Actual Government Spending Vs Actual Government Revenues, 2015-2024F (NGN Trillion)

Figure12. Capital Expenditure of Key Ministries in Nigeria, 2017 &. 2018 ($ Million)

Figure13. Oil Revenues and Non-Oil Revenues in Nigeria, 2017 & 2018 ($ Billion)

Figure14. Nigeria Infrastructure Investment Forecast, 2018-2040 ($ Billion)

Figure15. Nigeria Infrastructure Investment Forecast, By Sector, 2016-2040 ($ Billion)

Figure16. Lagos Under Construction Office Space, 2014- 2020F (Cubic Meter)

Figure17. Lekki Region Purpose Built Office Stock, 2014- 2018 (Cubic Meter)

Figure18. Nigeria Manufacturing Sector Growth Rate at Current Prices (Nominal Growth), Q1 2016 – Q3 2017

Figure19. Nigeria OTR Tyre Market Opportunity Assessment, By Types, 2025F

Figure20. Nigeria OTR Tyre Market Opportunity Assessment, By Sales Channel, 2025F

Figure21. Nigeria OTR Tyre Market Opportunity Assessment, By Applications, 2025F

Figure22. Nigeria OTR Tyre Market Volume Rankings, By Company, 2018

List of Tables

Table1. Nigeria OTR Tyre Market Volume, By Types, 2016-2025F (Units)

Table2. Nigeria OTR Tyre Market Volume, By Sales Channels, 2016-2025F (Units)

Table3. Nigeria OTR Tyre Market Volume, By Vehicle Types, 2016-2025F (Units)

 

 

Bahrain OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Egypt OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Ethiopia OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Kenya OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Kuwait OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Oman OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Qatar OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Saudi Arabia OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

South Africa OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Tanzania OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Tunisia OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

Turkey OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

UAE OTR Tyre Market (2019-2025): Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.

 

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