Preview

Tire Market in Brazil 2014-2018

Satisfactory Essays
Open Document
Open Document
356 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tire Market in Brazil 2014-2018
Tire Market in Brazil 2014-2018

Tires are an assembly of different components such as tread, bead, sidewall, shoulder, and ply. The demand for tires is increasing significantly in developing economies such as Brazil because of improvements in the economy and an increase in people's purchasing power. There are different types of tires that are available in the market based on their applications, such as all-season tires, winter tires, specialty tires, and agriculture tires.
Covered in this Report

This report covers the present scenario and the growth prospects of the Tire market in Brazil for the period 2014-2018. The report considers 2013 as the base year and provides data. It considers passenger car tires, two-wheeler tires, commercial vehicle tires, and OTR tires. It also presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market. In addition, it discusses the major drivers that influence the growth of the Tire market in Brazil.

View our full TOC @ http://bit.ly/1pwo2AK
Key Regions

Brazil

Key Vendors

Bridgestone Corp.
Compagnie Générale des Établissements Michelin SCA
Continental AG
Pirelli & C. SpA
The Goodyear Tire & Rubber Co.

Other Prominent Vendors

Alliance Tire Group
Apollo Tires
Carlisle Companies
Ceat
Cheng-Shin Rubber Industries
Cooper Tire and Rubber
HangZhou ZhongCe Rubber
Hankook Tire
Harvest King Tires
Maggion
Marangoni
McCreary Tire and Rubber
MRF
Sumitomo Rubber Industries
Titan International
Trelleborg Wheel Systems
Vipal Rubber
Yokohama Rubber

Key Market Driver

Favorable Government Policies
For a full, detailed list, view our report.

Key Market Challenge

Low-cost Tire Imports
For a full, detailed list, view our report.

Key Market Trend

Increased Use of TPMS
For a full, detailed list, view our report.

Key Questions Answered in this Report

What will the market size be in 2018 and what will the growth rate be?
What are the key

You May Also Find These Documents Helpful

  • Powerful Essays

    The tire industry is a very competitive industry to be in. It's all about the low that can be provided for the clientele as well as the convenience of a short wait time for a vehicle to be worked on. They rely heavily on the ability to bring in new clients and to wow the…

    • 1705 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    * Using regression, estimate the demand curves for each type of tire in each type of demand season (low, medium, high). I recommend that you use Excel to do the regressions. (Note: demand for the two sizes of tire are independent from one another).…

    • 633 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Goodyear Aquatred

    • 1540 Words
    • 7 Pages

    The tire market can be segmented in three ways. The first way is by tire, either by performance or broad-line tires. Performance tires were more expensive but gave the consumer more traction and control. Another segment was by either OEM or replacement tires. OEM tires are those which are included when a new car was purchased and a passenger replacement tire are those which are bought after initial tires are worn out. The last segment was by major brand which was about 36% of the market, smaller brand which had 24% or by a private label which held a 40% share. Goodyear was a major brand and made about 65% of its revenues off of replacement tire sales, with the rest coming from OEM sales. The US replacement tire market in 1991 accounted for 8.6 billion dollars. The Aquatred tire is to be launched in the replacement market because it would take a few years to develop a contract for OEM sales. This would be too long of a wait because competitors had their own versions of the Aquatred due to release sometime within beginning 1993.…

    • 1540 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    The introduction of NAFTA and GATT has created new opportunities for tire manufacturers for the supply of cheap labour. Companies can reduce their costs by producing their tires in low-cost labour countries such as Mexico.…

    • 2328 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Some car manufacturers require tire replacement after 6 years while some tire manufacturers claim that their rubbers can last…

    • 433 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    As one of the top retail store in Canada, Canadian Tire corporation, limited was originally started as Hamilton Garage & Rubber Co. in 1922. They incorporated with the existing name under Ontario Companies Act Dec 1, 1927.Since then it…

    • 3689 Words
    • 12 Pages
    Better Essays
  • Best Essays

    Although fuel plays a mojor rolle in powering vehicles to move a vehicle’s tires play an even more integral role in the overall performance of the vehicle, as it dictates its handling, traction, ride, comfort and fuel consumption; as it is the main component that interacts with the surface being driven on (Rezna, 2008). Thus if the condition of the tires is improper the performance of the vehicle will be affected. One negative tire condition that can occur is low tire pressure/ under inflation. According to the Webster’s dictionary, under inflation is the insufficient presence of air pressure in a tire for the amount of load carried and vice versa for over inflation. This paper will examine the causes of reduced tire pressure, the tire pressure in places abroad, effects of under and over inflated tires, and tire pressure as it relates to furl consumption.…

    • 1933 Words
    • 8 Pages
    Best Essays
  • Good Essays

    McConnell, Brue, and Flynn (2009) define equilibrium price as, “the price where the intentions of buyers and sellers match” (p. 54), and equilibrium quantity as, “the quantity demanded and quantity supplied at the equilibrium price in a competitive market” (p. 54). This information appears straight forward. Understanding the various components and economic roles each play to reach equilibrium will aid in comprehension of the processes. Components of market equilibrium include determinants of the law of demand, determinants of the law of supply, efficient markets theory, and market surplus or shortages. The tire industry continually experiences fluctuations in demand, supply, and price. The following discusses the components of the effects of a tire manufacturer in original equipment (OE) and replacement (RE) tire markets and changes they make to reach market equilibrium.…

    • 780 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Bridgestone Group is the world’s largest tyre manufacturer, supplying quality tyres for cars, trucks, buses, construction, aircraft and motorcycles. Bridgestone is being chosen as they received a lot of award regarding sustainability as example Tire Technology Awards for Innovation and Excellence 2013. In addition, the Bridgestone Group is also involved in the Tyre Industry Project and the Sustainable Mobility Project 2.0 that are established under the World Business Council for Sustainable Development (WBCSD).…

    • 709 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Treadway Tire Company is a major supplier in the United States tire manufacturing business. The Lima Plant employs roughly 1,120 people.…

    • 354 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Goodyear Tire and Rubber Company Kate Rego Nicole Montanaro Outline of presentation Overview • Goodyear was founded in Akron, Ohio in 1898 by Frank and Charles Seiberling. • In 1992 Goodyear Tire and Rubber Company were reconsidering a proposal from Sears, initially denied in 1989, to sell their Eagle brand tires. • Two factors contributed to the reconsideration of the sears proposal – decline in market share – Goodyear brand tires were being replaced annually at Sears Auto Centers. Industry Summary •…

    • 816 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Goodweek Tires Case Study

    • 2387 Words
    • 10 Pages

    The Goodweek Tires, Inc. is a tire producing company. After extensive research and development (R&D) it has developed a new tire named SuperTread. This tire will be ideal for the wet weather and off road driving in addition to normal highway usage. The research and development department has already incurred a total cost of $10,000,000. It is expected that the SuperTread will stay on the market for a total of four years. Test marketing, costing…

    • 2387 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    The Goodyear Tire and Rubber Company is very famous tire producer in North America now, which included race cars tires, truck tires, snow tires, heavy earth-mover tires and automobile tires. It was established in Akron, Ohio, in 1898 by Frank Seiberling, which had only thirteen employees. Moreover, David Hill who is the first president of the company because he purchased the stock of this company. Seiberling borrowed 3,500 dollars from his brother-in-law to purchase the company's first factory, which is an abandoned factory in Akron. Therefore, Seiberling want to be a good leader to manage this factory. Based on The History of Goodyear Tires (n.d), “Seiberling then founded the Goodyear Tire and Rubber Company, naming his business venture after Charles Goodyear, who had discovered how to vulcanize rubber to make it harder, more durable and resistant to chemicals” (para.2). The Goodyear Tire and Rubber Company first began to produce bicycle and carriage tires. According to The History of Goodyear Tires (n.d), “In the first month, Goodyear Tires did a little over $8,000 in business. The company came up with its famous winged-foot logo in the early part of the 20th century” (para.1). Furthermore, Goodyear Company began to produce automobile tires. Then the Goodyear Company build new factory, which is bigger than the first one. Forthemore, they began to led more people know them. Based on The History of Goodyear Company (n.d), “By 1901, Goodyear had begun to use its now-famous winged-foot logo in advertisements” (para.3). By the 10 years later, the Goodyear Company stared make tires for airplanes, and then as that time Goodyear Company began work for aviation. In 1916, Goodyear Company purchased a plant factory for produce zeppelin aircraft. During the World of War One, Goodyear Company got the order form from…

    • 669 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Michelin Case Study

    • 707 Words
    • 3 Pages

    Michelin are not just involved with making tyres (but this is their major product) but they are also involved with the making of the tyres and of producing the Michelin guide. So this is an internal strength for Michelin because at the moment they have three lines of production to follow. Although their main line of production is their tyres although by Michelin being in more than one line of production this gives them the competitive edge over their competitors.…

    • 707 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    supplier appraisal

    • 486 Words
    • 2 Pages

    Tires are important components of a car. Manufacturing tires for car companies and for the regular car owner is highly profitable as cars being bought by the millions every year. I am the owner of “Carbonic Tires” a well known tire manufacturing company named after one of the major ingredients in making tires and give it reinforcement. I have a ten million peso budget for the next quarter to spend for buying two important materials in manufacturing tires, Natural Rubber and Carbon Black.…

    • 486 Words
    • 2 Pages
    Satisfactory Essays

Related Topics