Pro
Automotive
Global Truck and Bus Tire Market By Middle East & Africa
| Label | Argentina | Brazil | Chile | Rest of Latin America |
|---|---|---|---|---|
| 2019 | 421.3782 USD Million | 2393.352 USD Million | 615.927 USD Million | 307.643 USD Million |
| 2020 | 359.442 USD Million | 1845.072 USD Million | 490.62 USD Million | 245.0603 USD Million |
| 2021 | 507.0834 USD Million | 2634.3 USD Million | 660.348 USD Million | 329.8453 USD Million |
| 2022 | 567.4122 USD Million | 2652.606 USD Million | 692.393 USD Million | 345.8597 USD Million |
| 2023 | 399.3192 USD Million | 2285.064 USD Million | 663 USD Million | 331.185 USD Million |
| 2024 | 463.923 USD Million | 2760.858 USD Million | 684.658 USD Million | 342.0115 USD Million |
| 2025 | 492.3614 USD Million | 2711.856 USD Million | 706.316 USD Million | 352.8384 USD Million |
| 2026 | 501.6258 USD Million | 2817.2794 USD Million | 727.974 USD Million | 363.6658 USD Million |
| 2027 | 469.8372 USD Million | 2983.8602 USD Million | 749.632 USD Million | 374.4938 USD Million |
| 2028 | 467.1615 USD Million | 2950.0919 USD Million | 771.29 USD Million | 385.3222 USD Million |
| 2029 | 502.3266 USD Million | 3072.5839 USD Million | 792.948 USD Million | 396.1511 USD Million |
| 2030 | 491.3355 USD Million | 3227.8036 USD Million | 814.606 USD Million | 406.9805 USD Million |
| 2031 | 486.871 USD Million | 3254.2054 USD Million | 836.264 USD Million | 417.8104 USD Million |
| 2032 | 489.1149 USD Million | 3364.9287 USD Million | 857.922 USD Million | 428.6407 USD Million |
| 2033 | 498.8937 USD Million | 3447.4433 USD Million | 879.58 USD Million | 439.4716 USD Million |
| 2034 | 500.74 USD Million | 3528.9945 USD Million | 901.238 USD Million | 450.303 USD Million |
| 2035 | 496.5788 USD Million | 3638.5147 USD Million | 922.896 USD Million | 461.1348 USD Million |
Data Source: Wantstats Repository
Growth Outlook
- The Global Truck and Bus Tire Market By Latin America market is on a steady long-term growth path. Segment value stands at roughly USD 4411 Million in 2026 and is projected to reach USD 5519 Million by 2035 — a gain of about 25% over the forecast period, translating to a CAGR in the low single digits.
- What the regional split looks like (2026): Brazil leads, holding roughly 64% of segment value — the single largest regional share. Chile is the second-largest contributor. Argentina and Rest of Latin America make up the remainder, in descending order.
- By 2035, Brazil alone is expected to reach USD 3639 Million, with Chile at USD 923 Million.
Market Dynamics
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