Brazil Automotive Tyre Market Report and Forecast 2025-2034

Key Trends in the Market

Automotive tyre refers to a ring-shaped component of a vehicle which provides traction on the surface on which an automobile accelerates. It is made up of a strong and flexible rubber material offering gripping as well as surface cushioning.

• The increasing sales of automobiles, fuelled by rising disposable incomes and escalating living standards, are bolstering the Brazil automotive tyre market growth.

• Favourable federal diesel tax policies introduced by the Brazilian government aimed towards increasing the affordability of passenger cars are expected to heighten the application of automotive tyres in the forecast period.

• The rising investments by key players to expand and modernise their tyre production plants amid the growing vehicle demand and the rising demand for premium tyres are some of the crucial Brazil automotive tyre market trends.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Segmentation

Market Share by Rim Size

The 15-20 inch segment accounts for a significant share of the Brazil automotive tyre market. Higher visual appeal, along with greater control enabling drivers to handle the vehicle more efficiently, of such tyres is escalating the segment’s growth. 

In addition, 15-20 inch tyres offer enhanced ride quality, which is further heightening their utilisation in passenger vehicles. Furthermore, these types of automotive tyres facilitate a safe driving experience by improving the gripping and traction between the tyres and the road.

Market Share by Vehicle

Luxury/premium vehicles are likely to witness a heightened growth in the forecast period, driven by the growing popularity of luxury car brands and the proliferation of super sports cars. Over the forecast period, the anticipated increase in penetration of international brands in the country is likely to fuel product innovations and bolster tyre demand.

Moreover, the rising disposable income is likely to further boost the demand for luxury cars in the coming years. Such factors are also expected to surge the demand for premium tyres as they are more durable, high-performance, and wear and tear-resistant.

Competitive Landscape

Other market players include Hankook Tire & Technology Co., Ltd., Pirelli & C. S.p.A., Sumitomo Rubber Industries, Ltd., Yokohama Rubber Co., Ltd., and Toyo Tire Corporation, among others.