According to recent findings, the Oman Tire Market is projected to grow at a CAGR of around 3.3% during the forecast period, i.e., 2021-26

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Oman Tire Overview:

The growth of the market is likely to be driven primarily by the increasing construction activities in Oman owing to the escalating government focus on infrastructure developments in line with Oman Vision 2030, i.e., propelling the need for heavy commercial vehicles & construction equipment. It, in turn, is stimulating the demand for tires and driving the market. 

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Oman Tire Outlook and Future Trends :

Strict Government Regulations for Vehicle & Passenger Safety - With an escalating number of road accidents in Oman, the government is imposing strict regulations for vehicle owners to timely inspect the condition of their vehicles & tires and ensure proper replacements to increase their safety, which, in turn, is augmenting the sales of tires in the country and generating growth opportunities for the Oman Tire Market through 2026.

Oman Tire Segmentation Analysis:

By Vehicle Type

• Passenger Cars
  • SUV
  • Sedan
  • Hatchback & Bakkies
• Light Commercial Vehicles (LCV)
  • Light Trucks
  • Light Buses
  • Pickup trucks & Vans
• Medium & Heavy 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

According to reports, Replacement demand is anticipated to acquire the largest share of the Oman Tire Market during the forecast period.

By Type of Tire

• Radial
• Bias

According to reports, Here, the demand for Radial Tires is projected to witness the fastest growth in the Oman Tire Market during the forecast period, principally due to their benefits like lower fuel consumption, improved vehicle stability, better traction, low rolling resistance, & improved cut resistance, among others, i.e., fueling their adoption in different heavy-duty vehicles for a smooth driving experience.

By Season

• All Season
• Summer

By Sales Channel

• Online
• Dealers/ Exclusive Outlets
• Others

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 Region

• North
• South
•  

For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/oman-tire-market.html

Some of the Market players in the  Oman Tire are:

• Bridgestone Corporation
• Sumitomo Rubber
• Compagnie Générale Des Établissements Michelin
• Yokohama Rubber
• Pirelli & C.Spa
• Hankook Tire Co.
• Toyo Tire & Rubber Company Ltd
• Continental
• Apollo Tyres
• Goodyear Tires.

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Key Highlights of the Report – Unlock Valuable Market Insights

• Market Size, Share & Future Projections – Understand the current market dimensions and forecasted growth trajectory.
• In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
• Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
• Key Stakeholders & Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
• Import & Export Dynamics – Analyze trade flows, regional export trends, and supply chain movements.
• Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
• Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
• Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

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