Press release
Latin America Tire Market 2023 Driving Factors Forecast Research 2029
The Latin America tire market is projected to register a CAGR of 3.6% during the forecast period (2020-2026). The flat automotive market and economic instability will impact the growth of the market in the region. Moreover, due to the COVID-19 pandemic, a significant downfall in vehicle sales has been witnessed which will further decrease the demand for the tire from the OEM side. However, a positive trend in the market growth is expected in the forthcoming years, which will drive the market growth. The expansion by various global players such as Pirelli, Sumitomo, Goodyear, and Cooper Tire also represents a positive prospect for the market in the region.Get Free Sample link @ https://www.omrglobal.com/request-sample/latin-america-tire-market
The Latin American tire market is segmented based on vehicle type, road application, construction, tire type, and sales channel. By vehicle type, the market is further segmented into passenger cars, light & medium commercial vehicles, heavy commercial vehicles, two-wheeler, and other. Passenger cars are expected to maintain a major market share during the forecast period. The market is further studied based on geography and is segmented into Mexico, Brazil, Argentina, Chile, Colombia, and others. Brazil and Mexico cover a large chunk of the regional market.
full report of Latin America Tire Market available @ https://www.omrglobal.com/industry-reports/latin-america-tire-market
• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Latin America Tire Market Report Segment
By Vehicle Type
• Passenger Cars
• Light & Medium Commercial Vehicle
• Heavy Commercial Vehicle
• Two-Wheeler
• Other (Construction, Agricultural, Customized Sports)
By Road Application
• All-Season Tire
• Summer Tire
• Winter Tire
• Other
By Construction
• Radial Tire
• Bias Ply Tire
By Tire Type
• Tubeless Tire
• Tubbed Tire
By Sales Channel
• OEM
• Aftermarket
Latin America Tire Market Report Segment by Geography
• Mexico
• Argentina
• Brazil
• Chile
• Colombia
• Rest of Latin America
The Report Covers
• Comprehensive research methodology of the Latin America Tire market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Latin America Tire industry.
• Insights about market determinants which are stimulating the Latin America Tire market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/latin-america-tire-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Latin America Tire Market 2023 Driving Factors Forecast Research 2029 here
News-ID: 2895091 • Views: …
More Releases from orion market research

Forecast and Analysis of Transcatheter Valve Market: USD 16.5 Billion by 2033 at …
As of 2024, the global Transcatheter Valve market is valued at approximately USD 5.8 billion and is expected to reach around USD 14.7 billion by 2033, growing at a compound annual growth rate (CAGR) of about 11.5% from 2025 to 2033.
Request a sample copy of this report at: https://www.omrglobal.com/request-sample/transcatheter-valve-market
Transcatheter Valve Market Overview:
The Transcatheter Valve market is a rapidly growing segment within cardiovascular medical devices, focusing on minimally invasive procedures to…

Sleeping Pills Market Size Expected to Hit USD 139.2 Billion by 2033, Expanding …
As of 2024, the global sleeping pills market is valued at approximately USD 6.5 billion and is projected to reach around USD 10.8 billion by 2033, growing at a compound annual growth rate (CAGR) of about 6.2% from 2025 to 2033.
Request a sample copy of this report at: https://www.omrglobal.com/request-sample/sleeping-pills-market
Sleeping Pills Market Overview:
The sleeping pills market is a vital segment within the pharmaceutical industry, addressing the growing prevalence of sleep disorders…

Sunitinib Malate Market to Reach USD 378 Million by 2033 | CAGR of 12.1% (2025-2 …
As of 2024, the global Sunitinib Malate market is estimated to be valued at approximately USD 720 million and is projected to reach around USD 1.25 billion by 2033, growing at a compound annual growth rate (CAGR) of about 6.3% from 2025 to 2033.
Request a sample copy of this report at: https://www.omrglobal.com/request-sample/sunitinib-malate-market
Sunitinib Malate Market Overview:
The Sunitinib Malate market plays a crucial role in the oncology pharmaceutical landscape, primarily used for…

Acute Myeloid Leukemia Drugs Market Size to Hit USD 5.7 Billion by 2033, Expandi …
As of 2024, the global Acute Myeloid Leukaemia (AML) drugs market is valued at approximately USD 1.6 billion and is anticipated to reach around USD 3.5 billion by 2033, growing at a compound annual growth rate (CAGR) of about 9.2% from 2025 to 2033.
Request a sample copy of this report at: https://www.omrglobal.com/request-sample/acute-myeloid-leukaemia-drugs-market
Acute Myeloid Leukaemia Drugs Market Overview:
The Acute Myeloid Leukaemia (AML) drugs market is a critical segment within oncology therapeutics,…
More Releases for Tire
Pneumatic Tire Market Worth Observing Growth | The Yokohama, Michelin, Continent …
Key Findings of Pneumatic Tire Market
• The growth of the global pneumatic tire market would be supplemented by the growing automobile sector
• The segment of radial tires accounts for the higher sales in the pneumatic tire market owing to their various advantages over cross ply tires, which include longer durability, improved performance and better mileage
• Asia Pacific is the biggest tire market and would maintain its position over the forecast period.
Download FREE Report…
Run Flat Tire Market Research Report | Top players Cooper Tire & Rubber Company, …
The global run flat tire market to gain momentum from the increasing production of commercial and passenger vehicles. Besides, these tires enable drivers to travel to the nearest service center safely, even if there is persistent loss of air from the tires. With the help of these tires, cars can be driven up to around 80km at an average speed. Fortune Business Insights(TM) provided this information in a recent report,…
Tire Recycling Market: How the Business Will Grow in 2025? Prominent Players: Mi …
Tire Recycling Industry 2019 report provides concentrated and in-depth analysis of the existing situation of the Global Tire Recycling market, along with market share, revenue, assertive perception and forecast 2025.the report also provides current Tire Recycling business situation along with a valid assessment of the Tire Recycling business. Tire Recycling report is partitioned based on driving Tire Recycling players, application and regions.
Tire recycling, or rubber recycling, is the process of…
Vacuum Tire Market Scenario Highlighting Major Drivers & Trends, 2019 – 2025 | …
Vacuum Tire Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and…
Tire derived Fuel Market | Top Key Players: Ragn-Sells Group, Liberty Tire Whole …
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Tire derived Fuel Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years.…
Global Tire derived Fuel Market Research Report 2018-2025 | Global Key -Liberty …
Looking at the current trends across the Tire derived Fuel market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Tire derived Fuel Market Insights, Forecast to 2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Tire derived…