Brazil Tire Market: Current Analysis and Forecast (2025-2033)

Emphasis By Vehicle Type (Two-Wheeler, Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Others), By Sales (OEM and Aftermarket), by Distribution Channel (Online and Offline), By Region (North Brazil, Northeast Brazil, Central-West Brazil, Southeast Brazil, and South Brazil)

Geography:

Brazil

Industry:

Automotive

Last Updated:

Sep 2025

Brazil Tire Market Size & Forecast

Brazil Tire Market Size & Forecast

The Brazilian Tire Market was valued at USD 3,100 million in 2024 and is expected to grow at a strong CAGR of around 2.6% during the forecast period (2025-2033F), owing to the rising vehicle fleets.

Brazil Tire Market Analysis

The tire market in Brazil is going through a very dynamic evolution that is provoked by the alteration of mobility patterns, the impact of economics, and also the differences in consumer expectations. Migration to cities, internet use, and greater care of the environment are influencing how people procure tires, use tires, and service tires. The new consumer does not just want a car that has quality and durability; they also want features that help them add value to the car in terms of fuel consumption, sustainability, and digital interaction. Also, the government policies that encourage the use of domestic production and sustainability, and increased use of electric cars (EVs) and fleet-based transportation are changing the demand side of the products between the commercial and passenger vehicles.

Brazil Tire Market Trends

This section discusses the key market trends that are influencing the various segments of the Brazil Tire market, as found by our team of research experts.

Emergence of Electric Vehicles:

Electric vehicles (EVs) are a major change in mobility that is taking place in the Brazilian automotive landscape. Powered by the world's sustainability agendas, favorable government regulations, and consumer demand for greener modes of transport, EVs are slowly gaining adoption in both the passenger and commercial sectors. Brazil is currently in an earlier phase than more developed markets, but investment in EV infrastructure is on the rise, including charging infrastructure and incentives to produce indigenously.

This kind of ongoing work will have new requirements for design and performance in the tire industry. The EVs are generally in need of tires with low rolling resistance, greater carrying capacity, and durability to withstand instant torque and battery weight. The tire manufacturers can achieve sustained value by innovating as OEMs adapt to these technical specifications, with an evident chance of having product lines dedicated to EVs. The dynamic of EV in the long term will result in the shift of the demand curve to favor new tire technology and resource-friendly material that will be directed to the needs of the electric vehicles.

Brazil Tire Industry Segmentation:

This section provides an analysis of the key trends in each segment of the Brazil Tire market report, along with forecasts at the country and regional levels for 2025-2033.

The Two-Wheeler Category has shown promising growth in the Tire Market.

Based on Vehicle Type, the Brazilian tire market is segmented into two-wheeler, passenger cars, light commercial vehicles, heavy commercial vehicles, and others. The two-wheeler segment has held a notable market share in the Brazilian tire market. With a large population using two-wheelers for daily commute, as well as ride-sharing services and on-demand home delivery services, the market of two-wheeler tires has been extensively promoted. Various other segments, such as passenger cars and light commercial vehicles, are also witnessing growth due to rising transportation and car ownership among the average Brazilian customers.

Aftermarket Tire Category Dominates the Brazil Tire Market.

Based on sales, the market is bifurcated into OEM and Aftermarket. Of these, the aftermarket category has held a major market share as the number of existing vehicles in use far exceeds the number of total vehicles sold each year. Additionally, the country is also witnessing a rising demand for the purchase of aftermarket vehicles among price-conscious buyers, due to which the segment is further anticipated to hold a notable market share in the coming year.

Brazil Tire Market Segments

Southeast Brazil is expected to grow at a considerable rate during the forecast period.

The Southeast Brazil tire market is growing progressively, due to urbanization, an increase in the number of vehicles, and the presence of active logistics operations. Brazil has great cities that act as the center of production and consumption facilities, and these include Rio de Janeiro and São Paulo. The region lures international brands as a result of its industrial and infrastructural base. Demand is divided into the passenger and commercial segments, and it reflects the mobility requirements. Additionally, the region is also witnessing a rampant growth in per capita income, which would be crucial for the future ownership of vehicles in the region.

Brazil Tire Market Trends

Brazil Tire Industry Competitive Landscape:

The Brazil Tire market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions.

Top Brazil Tire Companies

Some of the major players in the market are Continental AG, Bridgestone Americas Tire Operations, LLC, Hankook Tire, The Goodyear Tire & Rubber Company, The Yokohama Rubber Co., Ltd, Michelin, Sumitomo Corporation do Brasil S.A., Pirelli & C. S.p.A., Titan International, and Toyo Tire Corporation.

Brazil Tire Market Report Coverage

Report Attribute

Details

Base year

2024

Forecast period

2025-2033

Growth momentum 

Accelerate at a CAGR of 2.6%

Market size 2024

USD 3,100 Million

Regional analysis

North Brazil, Northeast Brazil, Central-West Brazil, Southeast Brazil, and South Brazil

Major contributing region

Southeast Brazil is expected to dominate the market during the forecast period.

Companies profiled

Continental AG, Bridgestone Americas Tire Operations, LLC, Hankook Tire, The Goodyear Tire & Rubber Company, The Yokohama Rubber Co., Ltd, Michelin, Sumitomo Corporation do Brasil S.A., Pirelli & C. S.p.A., Titan International, and Toyo Tire Corporation.

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling

Segments Covered

By Vehicle Type, By Sales, By Distribution Channel, By Region

Reasons to Buy the Brazil Tire Market Report:

  • The study includes market sizing and forecasting analysis confirmed by authenticated key industry experts.

  • The report briefly reviews overall industry performance at a glance.

  • The report covers an in-depth analysis of prominent industry peers, primarily focusing on key business financials, type portfolios, expansion strategies, and recent developments.

  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

  • The study comprehensively covers the market across different segments.

  • Deep dive regional-level analysis of the industry.

Customization Options:

The Brazil Tire Market can further be customized as per the requirements or any other market segment. Besides this, UnivDatos understands that you may have your own business needs; hence, feel free to contact us to get a report that completely suits your requirements.

Table of Content

Research Methodology for the Brazil Tire Market Analysis (2023-2033)

We analyzed the historical market, estimated the current market, and forecasted the future market of the Brazil Tire market to assess its application in major regions. We conducted exhaustive secondary research to gather historical market data and estimate the current market size. To validate these insights, we carefully reviewed numerous findings and assumptions. Additionally, we conducted in-depth primary interviews with industry experts across the Tire value chain. After validating market figures through these interviews, we used both top-down and bottom-up approaches to forecast the overall market size. We then employed market breakdown and data triangulation methods to estimate and analyze the market size of industry segments and sub-segments.

Market Engineering

We employed the data triangulation technique to finalize the overall market estimation and derive precise statistical numbers for each segment and sub-segment of the Brazil Tire market. We split the data into several segments and sub-segments by analyzing various parameters and trends, By Vehicle Type, By Sales, By Distribution Channel, and by regions within the Brazil Tire market.

The Main Objective of the Brazil Tire Market Study

The study identifies current and future trends in the Brazil Tire market, providing strategic insights for investors. It highlights regional market attractiveness, enabling industry participants to tap into untapped markets and gain a first-mover advantage. Other quantitative goals of the studies include:

  • Market Size Analysis: Assess the current forecast and market size of the Brazil Tire market and its segments in terms of value (USD).

  • Brazil Tire Market Segmentation: Segments in the study include areas By Vehicle Type, By Sales, By Distribution Channel, and By

  • Regulatory Framework & Value Chain Analysis: Examine the regulatory framework, value chain, customer behavior, and competitive landscape of the Brazil Tire industry.

  • Regional Analysis: Conduct a detailed regional analysis for key areas such as North Brazil, Northeast Brazil, Central-West Brazil, Southeast Brazil, and South Brazil.

  • Company Profiles & Growth Strategies: Company profiles of the Brazil Tire market and the growth strategies adopted by the market players to sustain the fast-growing market.

Frequently Asked Questions FAQs

Q1: What is the Brazil Tire market’s current market size and growth potential?

Q2: Which segment has the largest share of the Brazil Tire market by Type of Vehicle?

Q3: What are the driving factors for the growth of the Brazil Tire market?

Q4: What are the emerging technologies and trends in the Brazil Tire market?

Q5: What are the key challenges in the Brazil Tire market?

Q6: Which region dominates the Brazil Tire market?

Q7: Who are the key players in the Brazil Tire market?

Q8: What are the opportunities for companies within the Brazil Tire market?

Q8: How are consumer preferences shaping product development in the Brazil Tire market?

Related Reports

Customers who bought this item also bought

Saudi Arabia Automotive Spare Parts Market: Current Analysis and Forecast (2025-2033)

Saudi Arabia Automotive Spare Parts Market: Current Analysis and Forecast (2025-2033)

Emphasis on Component (Engine Components, Electrical Components, Suspension and Braking Parts, Transmission and Steering, Others); Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheelers, Others); Sales Channel (OEM {Original Equipment Manufacturer}, Aftermarket); and Region.

August 8, 2025

Mexico Two-Wheeler Market: Current Analysis and Forecast (2025-2033)

Mexico Two-Wheeler Market: Current Analysis and Forecast (2025-2033)

Emphasis on Propulsion (ICE, and EV); Type (Scooters, Mopeds, Motorcycle, and Electric Two-Wheeler); and Region

August 8, 2025

Truck Bedliners Market: Current Analysis and Forecast (2025-2033)

Truck Bedliners Market: Current Analysis and Forecast (2025-2033)

Emphasis on By Type (Drop-in Bedliner, Spray-on Bedliner, Others); By Material (Polyurethanes, Rubber, Polyurea, Aluminium Carpet, Others); By Application (Original Equipment Markets, Aftermarket); and Region/Country

August 6, 2025

E-Bike Market: Current Analysis and Forecast (2025-2033)

E-Bike Market: Current Analysis and Forecast (2025-2033)

Emphasis on Mode (Pedal Assisted and Throttle Assisted); Battery Type (Lithium-Ion, Lead Acid and Others); Application (Mountain/Trekking Bikes, City/Urban, Cargo and Others); Region and Country

July 22, 2025