Latin America Off-the-Road (OTR) Tire Market Research Report: Forecast (2024-2030)

Rozy23 Jun, 2025Business

The Latin America Off-the-Road (OTR) Tire Market size is estimated to grow at a CAGR of around 2.1% during the forecast period 2024-30. Growth in the proliferating mining industry in the region is surging the OTR tire market. Latin America is rich in vast resources of copper, lithium, gold, and iron ore. Mining activities, because of this, have been swelling in the region and making it a global mining powerhouse. Countries like Chile, Peru, and Brazil are leading the expansion of the mining industry in the region. Chile, as one of the world's largest copper producers, proliferates copper mines across the nation.