Brazil Tire Market Forecast & Opportunities , 2021

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

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T a b l e o f C o n t e n t s

S No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Brazil Tire Production Overview

4. Brazil Tire Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Vehicle Type

4.2.2. By Demand Category (OEM Vs. Replacement)

4.2.3. By Radial Vs. Bias

4.2.4. By Region

4.2.5. By Company

4.3. Brazil Prominent Tire Sizes

4.4. Market Attractiveness Index (By Region)

4.5. Market Attractiveness Index (By Vehicle Type)

5. Brazil Passenger Car (PC) Tire Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

Market Share & Forecast

5.2.1. By Vehicle Type

5.2.2. By Demand Category (OEM Vs. Replacement)

5.2.3. By Radial Vs. Bias

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T a b l e o f C o n t e n t s

S No. Contents

6. Brazil Two-Wheeler Tire Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Vehicle Type

6.2.3. By Demand Category (OEM Vs. Replacement)

6.2.2. By Radial Vs Bias

7. Brazil Light Commercial Vehicle (LCV) Tire Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Vehicle Type

7.2.3 By Demand Category (OEM Vs. Replacement)

7.2.3. By Radial Vs. Bias

8. Brazil Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Vehicle Type

8.2.3 By Demand Category (OEM Vs. Replacement)

8.2.3. By Radial Vs. Bias

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T a b l e o f C o n t e n t s

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9. Brazil OTR Tire Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Vehicle Type

9.2.3. By Demand Category (OEM Vs. Replacement)

9.2.3. By Radial Vs. Bias

10. Brazil Retreading Tire Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Vehicle Type

11. Supply Chain Analysis

12. Import-Export Analysis

13. Market Dynamics

12.1. Drivers

12.2. Challenges

14. Market Trends & Developments

13.1. Increasing Online Sales of Tires

13.2. Expanding Fleet Size

13.3. Growing Domestic Tire Manufacturing

13.4. Slowing Retreading Business

13.5 Growing Radialization

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15. Policy & Regulatory Landscape

16. Brazil Economic Profile

17. Competitive Landscape

16.1. Pirelli Pneus Ltda

16.2. Sociedade Michelin de Participacoes Industria e Comercio Ltda.

16.3. Goodyear Do Brasil Produtos De Borracha Ltda

16.4. Bridgestone Do Brasil Industria E Comercio Ltda

16.5. Continental do Brasil Produtos Automotivos Ltda.

16.6. Rinaldi S/A Indústria de Pneumáticos

16.7. MAGGION Pneus & Camaras

16.8. Titan Pneus Do Brasil Ltda

16.9. Sumitomo Rubber do Brasil Ltda

16.10. Hankook Tire Do Brasil Servicos DeIntermediacao De Negocios Noramo De Pneus Ltda.

16.11. Seccional Commercio International Ltda. (YOKOHAMA)

18. Strategic Recommendations

19. About Us & Disclaimer

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P r o d u c t O v e r v i e w

Global tire supplier Michelin defines tire as, “A precisely engineered assembly of rubber,chemicals, fabric, and metal, designed to provide traction, cushion road shock andcarry a load under varying conditions.”

Classification According to Vehicle Types

Product Definition

Vehicle Segment Sub-Segment Customer Segment

Passenger Car (PC)

Small Cars

IndividualsSedan Cars

Sports Utility Vehicles (SUV)Others (include coupe, minicab and

sports cars, Hybrid Cars, etc.)

Light Commercial Vehicle (LCV)

Pickup Trucks

Logistics, Small Business Entrepreneurs, etc.

Small Trucks

Vans

Medium and Heavy Commercial Vehicle (M&HCV)

Semi-Light, Light & Medium Trucks

Transport Companies, Logistics, Small Business Entrepreneurs, etc. Semi-Heavy & Heavy Trucks

Buses

Off-The–Road (OTR)

Agricultural vehicles

Farmers, Construction and Mining Companies, Military and Adventure

purposes, Sports & Racing, etc.

Mining and Construction Equipment

Others (ATVs, racing cars, golf-carts, etc.)

Two-Wheeler (2W)

Motorcycles

IndividualsScooters

Sports Bikes

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•In-depth secondary research was used todetermine top players in Brazil tire market,overall market size and segmental market size.

Market Profiling

•In order to conduct industry experts interviews,TechSci Research formulated a detailedquestionnaire.

Formulating Questionnaire

•List of industry players (manufacturers),distributors, retailers, and industry specialistswas developed.

Developing List of Respondents

•TechSci Research conducted interviews withindustry experts, industry players, for datacollection and verification.

Data Collection

•Data obtained as a result of primary andsecondary research was validated throughrigorous triangulation.

Data Validation

•The data was scrutinized using MS-Excel andstatistical tools such as Time Series Analysis,etc., to obtain qualitative and quantitativeinsights about the Brazil tire market.

Data Analysis

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

A

C

B

Primary Research

Company Analysis

Desk Research

Identifying Key Opinion

Leaders

Questionnaire Design

In-depth Interviews

Market Participants

Key Strengths

Tire Portfolio

OEM Tie-ups

Recent

Developments

Market Changing

Aspects/Dynamics

Government

Policies

Final Conclusion

LinkedIn TechSci Internal

database

Factiva Hoovers

Paid Sources

Company Website Company Annual

Reports White Paper Study Financial Reports Investor

Presentations Regulatory Body, Associations, etc.

Secondary Research

Primary Research

R e s e a r c h M e t h o d o l o g y

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Brazil Tire Market to Surpass BRL 21.9 billion by 2021

Increasing sales of vehicles coupled with constantly expanding automotive fleet to drive Brazil tiremarket through 2021

According to TechSci Research report, “Brazil Tire Market Forecast & Opportunities, 2021”, tire marketin Brazil is forecast to cross BRL 21.9 billion ($6.5 Bn) by 2021, on account of recovering domesticdemand, growing automobile sales and favorable government policies. Moreover, increase inpopulation from 200.51 million in 2011 to 207.84 million in 2015 is driving demand for tires in thecountry. With the presence of major tire companies like Rinaldi, Michelin, Pirelli, Sumitomo, Titan, etc.,Brazil is one of the most competitive tire markets in Latin America.

Passenger car tire segment dominated Brazil tire industry during 2011 – 2015, and the segment isexpected to maintain its dominance during the forecast period as well on account of increasingpassenger car production by global car manufacturers in the country. Fiat, Volkswagen, General Motors,Ford, Renault and Hyundai are some of the major passenger car brands available in Brazil. In 2015,south-east region accounted for the largest share in the country’s tire market, followed by north-eastand south regions.

Passenger car tire segment dominated Brazil tire industry during 2011 – 2015, and the segment isexpected to maintain its dominance during the forecast period as well on account of increasingpassenger car production by global car manufacturers in the country. Fiat, Volkswagen, General Motors,Ford, Renault and Hyundai are some of the major passenger car brands available in Brazil. In 2015,south-east region accounted for the largest share in the country’s tire market, followed by north-eastand south regions.

I n d u s t r y B r i e f

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10 20 30 40 50 60 70 80 90 100 110

1530

4560

7590

105120

135150

165

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Value (USD Billion) Volume (Million Unit)

S a m p l e D a t a - S n a p s h o t

Brazil Tire Market Size, By Value (USD Billion), By

Volume (Million Unit), 2011-2021F

Source:XXXXXNote: These are dummy figures; please purchase our report for actual data

Brazil Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Passenger Car Two-Wheeler LCV M&HCV OTR Vehicle

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

0.00 0.50 1.00 1.50 2.00 2.50 3.00

Brazil Tire Market Attractiveness Index, By Region,

By Volume, 2015-2021F

South East

South

North East

North

Central West

Brazil Passenger Car Tire Market Share, By

Vehicle Type, By Volume, 2011-2021F

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

40% 40% 40% 40% 40% 40% 40% 40% 40% 40% 40%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Small Car Sedan Car SUV Others

Brazil Tire Market Share, By Region, By Volume, 2015-2021F

10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20%

30% 30% 30% 30% 30% 30% 30%

15% 15% 15% 15% 15% 15% 15%

25% 25% 25% 25% 25% 25% 25%

2015 2016E 2017F 2018F 2019F 2020F 2021F

South East North East South

Central West North

Brazil Retreading Tire Market Size, By Value (USD Billion), By Volume

(Million Units), 2011-2021F

10 20 30 40 50 60 70 80 90 100 110

1530

4560

7590

105120

135150 165

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Value (USD Billion) Volume (Million Unit)

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