Market Overview
The Brazil Tire Market was valued at USD 3.3 Billion in 2025. It is projected to reach USD 4.7 Billion by 2034, growing at a CAGR of 4.18% during the forecast period of 2026-2034. Growth is driven mainly by rising vehicle production, increasing replacement tire demand, and the expanding electric and commercial vehicle sectors. Advancements in eco-friendly and fuel-efficient tire technologies are also positively influencing market growth.
Study Assumption Years
- Base Year: 2025
- Historical Period: 2020-2025
- Forecast Period: 2026-2034
Brazil Tire Market Key Takeaways
- The Brazil tire market size was USD 3.3 Billion in 2025.
- The market is forecast to grow to USD 4.7 Billion by 2034.
- The projected CAGR during 2026-2034 is 4.18%.
- The market includes tires for passenger cars, light commercial vehicles, medium and heavy commercial vehicles, and two wheelers.
- Tire types include all season tires, summer tires, and winter tires.
- Growth is driven by increasing vehicle production and demand for replacement tires, alongside the rise of electric and commercial vehicle segments.
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Market Growth Factors
The Brazil tire market growth is significantly boosted by increasing vehicle production. In July 2024, vehicle production rose by 16.9% compared to June 2024, with 246,721 units manufactured—the highest since October 2019. Year-on-year production increased by 34.8% compared to July 2023. This expansion in automotive manufacturing fuels demand for original equipment (OE) and replacement tires, as more vehicles require tires both at OEM level and for wear-related replacements, especially commercial vehicles like trucks and buses.
The rising demand for radial tires is another key growth driver. Radial tires, characterized by layers of fabric running perpendicular to travel direction, reduce rolling resistance and improve fuel efficiency. Brazil’s fluctuating fuel prices make these savings attractive to commercial and individual users. Additionally, radial tires dissipate heat more efficiently, extending tire life and reducing replacement frequency, providing cost benefits that boost popularity and market penetration.
The growth of electric and commercial vehicles further propels the market. Electric vehicles (EVs), requiring specialized tires to manage heavier weight and instant torque, create a high-growth niche. Simultaneously, expanding e-commerce and logistics sectors increase the commercial vehicle fleet, demanding durable, high-performance truck and bus tires, including off-the-road varieties. Manufacturers are responding with tailored products and services to support these vehicle segments.
Market Segmentation
Design:
- Radial Market: Radial tires are preferred due to superior fuel efficiency and durability, making them increasingly popular in Brazil's automotive tire market.
- Bias Market: Included but no detailed data provided.
End Use:
- OEM Market: Tires supplied for new vehicles during manufacturing.
- Replacement Market: Tires purchased as replacements for worn or damaged tires.
Vehicle Type:
- Passenger Cars: Tires designed for standard urban and highway cars.
- Light Commercial Vehicles: Includes smaller trucks and vans.
- Medium and Heavy Commercial Vehicles: Tires catering to large trucks and buses.
- Two Wheelers: Covers tires for motorcycles and scooters.
- Three Wheelers: Included but with no detailed data.
- Off-The-Road (OTR): Tires for agricultural and mining machinery.
Distribution Channel:
- Offline: Traditional retail and dealership channels.
- Online: E-commerce platforms selling tires.
Season:
- All Season Tires: Designed for performance in various weather conditions.
- Winter Tires: Engineered for cold and icy conditions.
- Summer Tires: Optimized for warm weather driving.
Regional Insights
The report identifies Southeast, South, Northeast, North, and Central West as major regions in Brazil's tire market. Specific dominance or detailed statistics per region are not explicitly provided. Hence, the summary is: Brazil's tire market covers all major regions including Southeast, South, Northeast, North, and Central West, reflecting comprehensive coverage across the country.
Recent Developments & News
In August 2025, the Brazilian government renewed anti-dumping duties on certain Chinese passenger car tires for five more years, aiming to protect domestic manufacturers. In April 2025, Chinese tire maker Linglong Tire announced a USD 1.19 Billion investment in a Brazil manufacturing plant via a joint venture with SUNSET S.A. Located in Ponta Grossa, this represents one of South America's largest Chinese automotive investments.
In July 2024, Trelleborg Tires partnered with John Deere to distribute tires through over 300 dealerships targeting small and medium farmers. Also in July 2024, Brazilian firm SpeedMax launched the Energrip line tailored for electric vehicles, with plans to extend coverage to BYD vehicles. These tires are designed to withstand EV-specific weight and torque demands.
Key Players
- CEAT Specialty
- CNH Industrial
- Linglong Tire
- SUNSET S.A.
- Trelleborg Tires
- John Deere
- SpeedMax
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