The Egypt Truck & Bus Radial Tire Market size is estimated to grow at a CAGR of around 3.5% during the forecast period, i.e., 2024-30.      

Egypt Truck & Bus Radial Tire Market Driver:

Increasing Government Investments in Infrastructural Development & Urbanization-Related Projects – In the rapidly changing world, every economy wants to grow fast and increase its global presence. Therefore, there is a rising focus on the development of high-class infrastructure & industrial development, and to accommodate a large number of individuals, urbanization plans are also gaining traction in Egypt. In this type of big project, and development plan, there is a requirement for huge raw materials, and for their transportation heavy-duty vehicles are employed. So the demand for trucks is increasing in construction and manufacturing-related projects. On the other hand, for the developed infrastructure and urban settlements, there is an increasing requirement for buses to transport individuals from one place to the other, which ultimately creates the demand for radial tires and augments the growth & expansion of the industry.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Egypt Truck & Bus Radial Tire Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

• By Type of Vehicle
• Truck-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Bus-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• By Application
• Public Transport-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• General Cargo Transport-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Chemicals Transportation-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Building & Construction -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Others (Agriculture Transportation, Dairy Transport, etc.) -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• By Price Category
• Budget -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Economy -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Premium -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• By Tire Size
• Tire Size 1 -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Tire Size 2 -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Tire Size 3 -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Tire Size 4-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Tire Size 5 -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• By Sales Channel
• Direct Sales-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Online-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Multi-brand Stores -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Exclusive Outlets -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• By Demand Type
• OEM-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• Replacement-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
• By Region
• Cairo
• Alexandria
• Giza
• Rest of Egypt

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -  Bridgestone Corporation, Michelin, Continental AG, The Goodyear Tire & Rubber Company, The Yokohama Rubber Company Ltd., Dunlop Tire, Prometeon Tyre Group S.r.l., Trenco Transport and Engineering Co., Triangle Tire Co., and others

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