MarkNtel Advisors who is leading market research company, has recently published a research report, titled “Brazil Two-wheeler Tire Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2023-28. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.
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Market Study Period
Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028): 4.93%
Brazil Two-wheeler Tire Market Insights:
The Brazil Two-wheeler Tire Market is projected to grow at a CAGR of around 4.93% in terms of units sold during the forecast period, 2023-28. The report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.
Brazil Two-wheeler Tire Market Drivers:
Rising Inclination of Residents Toward the Adoption of Electric Vehicles in Brazil – Growing urbanization & industrialization activities, combined with the significant increase in vehicle traffic in Brazil, has led to the degradation of its environment. This increased concerns amongst the government & e-mobility service providers to limit the CO2 emission & promote sustainable living by driving innovations in the manufacturing of fuel-efficient or alternative vehicles in the country.
Therefore, to minimize carbon emissions, the Environment Ministry of Brazil, in 2021, announced to reduce the emissions by over 50% by 2030. In response, this escalated the necessity in the country for an electric two-wheeler, thereby increasing the demand for tires in Brazil.
Explore the Complete Brazil Two-wheeler Tire Market Analysis Report – https://www.marknteladvisors.com/research-library/brazil-two-wheeler-tire-market.html
Which segments are covered in the Brazil Two-wheeler Tire Market Research Report?
- By Type of Two Wheeler
- Scooter & Moped
- Electric
- IC Engine
- Motorcycle
- Electric
- IC Engine
- By Engine Power
- Up to 50 CC
- 51 to 160 CC
- 161 to 300 CC
- 301 to 449 CC
- Above 450 CC
- Electric
- By Tire Size
- Front
- 80/100-18
- 60/100-17
- 90/90-19M/C
- 60/100-17M
- Others (110/70-16 52p, 110/70 – 13M/C, etc.)
- Rear
- 90/90 -18
- 80/100 – 14
- 110/90 -17M/C
- 80/100 – 14M
- Others (130/70-16 61p, 90/80 – 14M/C 49P, etc.)
- By Type of Tire
- Bias
- Radial
- By Demand Type
- OEM
- Replacement
- By Sales Channel
- Online
- Multi-brand Stores
- Local Tire Dealers
- Hypermarkets
- Supermarkets
- Exclusive Outlets
- By Best Selling 2W Models
- Honda CG 160
- Honda BIZ
- Honda Pop 110I
- Honda NXR 160
- Yamaha Crosser 150
- Others (Honda XRE 300, Yamaha NMAX, etc.)
- By Geography
- Urban
- Rural
- By State
- North
- Pará
- Amazonas
- Rondônia
- Others
- Northeast
- Ceará
- Pernambuco
- Bahia
- Maranhão
- Others
- Southeast
- São Paulo
- Minas Gerais
- Others
- South
- Paraná
- Rio Grande do Sul
- Others
- Center-West
- Mato Grosso
- Goiás
- Others
- North
- Front
- Scooter & Moped
Top 10 Key Brands/Players in the Brazil Two-wheeler Tire Market
Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:
- Michelin
- Bridgestone
- Pirelli
- Maggion Industrias de Pneus e Máquinas LTDA.
- Borilli
- Rinaldi
- Pneus Technic
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/brazil-two-wheeler-tire-market.html
Frequently Asked Questions
- Which companies dominate the Brazil Two-wheeler Tire Market in terms of market share?
- What is the projected market size of Brazil Two-wheeler Tire Market in 2028?
- What key factor is anticipated to propel the Brazil Two-wheeler Tire Market by 2028?
- How big is the Brazil Two-wheeler Tire Market?
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