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Brazil Automotive Tire Market Size To See Booming Growth | Bridgestone Corporation, Continental AG, The Goodyear Tire & Rubber Company
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These tires are based on "Ologic technology", which uses synergies of large diameter in conjunction with smaller width. Furthermore, this solution improves fuel efficiency by reducing rolling resistance and environmental impacts. In addition, the Continental started offering different categorized tire as their product such as winter, all-seasoned and summer to boost the sales of tire in the Brazil automotive tire market
The Brazil automotive tire market is segmented into season type, rim size, vehicle type, and distribution channel. By season type, it is divided into summer, winter and all-season tires. By rim size, the market is categorized into less than 15 inch, 15 to 20 inch, and more than 20 inch. By vehicle type, it is divided into passenger car, commercial vehicle, electric vehicles, and luxury/premium vehicles. Based on distribution channel, it is classified into OEM, aftermarket, and online sales.
KEY BENEFITS FOR STAKEHOLDERS
- This study presents analytical depiction of the Brazil automotive tire market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
- Porter's five forces analysis illustrates the potency of the buyers and suppliers.
KEY PLAYERS
o Bridgestone Corporation
o Continental AG
o The Goodyear Tire & Rubber Company
o Hankook Tire & Technology Co., Ltd.
o Maxxis International
o MICHELIN
o Nokian Tyres plc.
o Pirelli Tyre C. S.p.A. (China National Chemical Corporation)
o Sumitomo Rubber Industries Ltd.
o The Yokohama Rubber Co., Ltd.
o Toyo Tire Corporation
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KEY MARKET SEGMENTS
By Season Type
o Summer
o Winter
o All season
By Rim Size
o Less than 15 inch
o 15-20 inch
o More than 20 inch
By Vehicle Type
o Passenger Cars
o Commercial Vehicles
o Electric Vehicles
By Distribution Channel
o Original Equipment Manufacturers (OEMs)
o Aftermarket
o Online Sales
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