DUBLIN – (BUSINESS WIRE)–The “Two-wheel tire market in Latin America, by car kind (bike and scooter / moped), by demand class (OEM substitute or substitute), by area (Brazil, Argentina, Colombia, Chile, Peru, Mexico), competitors, forecasts and alternatives, 2026 “ the report was added to ResearchAndMarkets.com from provide.
The 2-wheel tire market in Latin America was round $ 1.5 billion in 2019 and is anticipated to achieve $ 1.95 billion by 2025 as a result of rise in gross sales of two-wheelers as a result of their ease of manufacture. maneuverability and their excessive mileage, related to the enlargement of the two-wheeled fleet in Latin America.
The rise within the variety of automobiles and visitors congestion on the town’s roads are anticipated to spice up the demand for two-wheelers and their tires through the forecast interval. The continued enlargement of the actions of the main two-wheel tire manufacturing corporations within the area and their steady analysis and growth actions to fabricate technologically superior, economical and environment friendly tires are additional anticipated to accentuate competitors within the two-wheel tire market. wheels throughout Latin America over the following 5 years.
The 2-wheel tire market in Latin America was dominated by bike tires in 2019. A robust inclination in the direction of bikes is noticed as a result of poor highway infrastructure and the convenience of driving the bike on asphalt roads and unpaved. One more reason for the dominance of bikes in Latin America is that the wheels are bigger than scooters, which offers higher dealing with on the roads.
However gross sales of scooters / mopeds are additionally rising and can expertise robust progress through the forecast interval. Many two-wheeler corporations are launching new fashions of scooters in Latin America as a result of rising choice of motorcyclists. Though bike tires are anticipated to dominate the demand for two-wheel tires in Latin America through the forecast interval, the area can also be anticipated to expertise vital progress in demand for scooter / moped tires through the forecast interval. .
The primary corporations working within the two-wheel tire market in Latin America are Rinaldi Tires, Maggion Tires, Michelin Tires, Pirelli Pneus SA, Pneus Technic, Bridgestone Americas Inc, Maxxis Worldwide, Kenda Worldwide and Levorin Pneus.
Current corporations are increasing their seller and distributor community and increasing their product portfolio with excessive efficiency tires to fulfill the calls for of various driving circumstances. Main world gamers are additionally specializing in bettering their two-wheel radial tire know-how to reap the benefits of the rising development of two-wheel tire radialization throughout Latin America.
Key target market:
Motorbike and scooter / moped producers, suppliers, distributors and different stakeholders
Authorities our bodies similar to regulators and coverage makers
Organizations, boards and alliances associated to the two-wheel tire market
Market analysis and consulting companies
Years thought-about for this report:
Historic interval: 2015-2018
Base 12 months: 2019
Estimated 12 months: 2020
Forecast interval: 2021-2025
Predominant matters coated:
1. Product overview
2. Analysis methodology
3. Govt abstract
4. Voice of the client
4.1. Issue influencing the acquisition determination
4.2. Model recall
4.3. Model satisfaction degree
5. Latin America two-wheel tire manufacturing overview
6. Latin America Two-Wheel Tire Market Outlook
6.1. Market dimension and forecast
6.1.1. By worth and quantity
6.2. Market share and forecasts
6.2.1. By kind of car (bike and scooter)
6.2.2. By demand class (OEM vs substitute)
6.2.3. By Radial vs. Bias
6.2.4. By nation
6.2.5. By firm
6.3. Product market map (by nation, by car kind)
6.4. Brazil Two-Wheel Tire Market Outlook
6.5. Argentina Two-Wheel Tire Market Outlook
6.6. Colombia Two-Wheel Tire Market Outlook
6.7. Chile Two-Wheel Tire Market Outlook
6.8. Peru Two-Wheel Tire Market Outlook
6.9. Mexico Two-Wheel Tire Market Outlook
7. Market dynamics
8. Market developments and developments
9. Worth evaluation
10. Political and regulatory panorama
11. Aggressive panorama
11.1. Rinaldi tires
11.2. Maggion tires
11.3. Michelin tires
11.4. Pirelli Tires SA
11.5. Technic tires
11.6. Bridgestone Americas Inc
11.7. Maxxis Worldwide
11.8. Kenda Worldwide
11.9. Levorin Tires
12. Strategic suggestions
For extra data on this report, go to https://www.researchandmarkets.com/r/4ib2zt