Latin America Tire Market Size, Industry Trends, Share and Forecast 2020-2026

1. Orion Market Research Latin America Tire Market, Size, Share, Analysis Report & Forecast to 2026 Request a Free Sample of our Latin America Tire Market: https://www.omrglobal.com/request- sample/latin-america-tire-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

2. The Latin America tire market is anticipated to grow with a significant CAGR of 3.6% during the forecast period (2020-2026). Increasing vehicle fleet at a modest growth rate, downfall in 2020 (base year), and growth in the demand of high-performance tires in the region will drive the market growth of the market in Latin America. The majority of the market is covered by foreign market players. Bridgestone Corp. is a major player in Latin America and operates as Latin American Tire Division (BATO LA), a part of Bridgestone Americas Tire Operations. BATO LA has five tire production plants in Latin America which include two in Brazil, and one each in Argentina, Costa Rica, and Mexico. BATO LA has the largest number of points of tire sale in Latin America, with around 2,100 locations. A full Report of Latin America Tire Market is Available at: https://www.omrglobal.com/industry- reports/latin-america-tire-market A major domestic manufacturer is Standard Tyres Ltd., which is the largest solid industrial tire manufacture in the region, however, it is also owned by Trelleborg AB. Foreign companies are also expanding their footprints in the region. For instance, In November 2019, Cooper Tire & Rubber Co. announced a plan to increase ownership in its joint venture ownership in Guadalajara, Mexico, from 58% to 100%. Moreover, in April 2019 Pirelli initiated a three-year expansion in Brazil, to domestically manufacture bus and trucks tires for the country with an investment of $133 million. The expansion will allow the company to manufacture 1,000 tires for buses and trucks per day. Request a Free Sample of our Latin America Tire Market: https://www.omrglobal.com/request- sample/latin-america-tire-market Market Coverage     The market number available for – 2019-2026 Base year- 2019 Forecast period- 2020-2026 Segment Covered- o Vehicle Type o Road Application o Construction o Tire Type o Sales Channel  Region Covered- o Latin America (Mexico, Argentina, Brazil, Chile, Colombia)

3.  Competitive Landscape- Pirelli & C. S.p.A., Sumitomo Rubber Industries Ltd., Michelin Group, Goodyear Tire and Rubber Co., Cooper Tire & Rubber Co., Trelleborg AB Key Questions Addressed by the Report     What is the market growth rate? Which segment dominates the market in the base year? Which segment will project the fastest growth in the market? How COVID-19 impacted the market? o Recovery Timeline o Deviation from the pre-COVID-19 forecast o Most affected region    Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? 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

4. By Sales Channel   OEM Aftermarket Latin America Tire Market Report Segment by Geography       Mexico Argentina Brazil Chile Colombia Rest of Latin America Company Profiles Ceat Ltd. Overview Ceat Ltd. in Latin America Ceat Ltd. in Tire Landscape Recent Developments Continental AG Giti Tire Pte Ltd. Goodyear Tire and Rubber Co. Hankook Tire Co. Ltd. JKTyre& Industries Ltd. Michelin Group Pirelli & C. S.p.A. Sumitomo Rubber Industries Ltd. The Yokohama Rubber Co, Ltd. Toyo Tire Corp. Trelleborg AB (Standard Tyres Ltd.) 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. For More Information, Visit Orion Market Research

5. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404