Lily Desouza22 May, 2025Business
The Puerto Rico Off-the-Road (OTR) Tire Market is anticipated to register a CAGR of around 2.11% during the forecast period, i.e., 2025-32. The flourishing industries of construction, mining, agriculture, and logistics are driving the growth of the Puerto Rico Off-The-Road (OTR) Tire Market over the historic years. Projects to build infrastructure and an increasing dependence on specialist vehicles and heavy machinery in these sectors are pushing up demand for OTR tires across the landscape of the country. Along with this, improved performance and durability owing to tire technological progressions and innovation, as well as the elevated demand for environmentally friendly & retreadable tires, are primary aspects fueling the industry for OTR tires. Both foreign and indigenous manufacturers are focused on offering a wide range of products and robust aftersales support to content the unique requirements of Puerto Rican automotive industries and end-users.
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