Pro
03006009001.2KUSD Million20192020202120222023202420252026
Rest of MEA
Saudi Arabia
South Africa
UAE
Automotive
Truck And Bus Tire Market By Middle East & Africa
| Label | Argentina | Brazil | Chile | Rest of Latin America |
|---|---|---|---|---|
| 2019 | 72.69 USD Million | 819.21 USD Million | 109.65 USD Million | 56.81 USD Million |
| 2020 | 62.01 USD Million | 637.64 USD Million | 87.42 USD Million | 45.26 USD Million |
| 2021 | 87.48 USD Million | 1047.27 USD Million | 117.78 USD Million | 60.93 USD Million |
| 2022 | 97.89 USD Million | 1130.84 USD Million | 123.6 USD Million | 63.89 USD Million |
| 2023 | 68.89 USD Million | 706.2 USD Million | 118.46 USD Million | 61.19 USD Million |
| 2024 | 80.03 USD Million | 986.26 USD Million | 122.45 USD Million | 63.19 USD Million |
| 2025 | 84.94 USD Million | 996.68 USD Million | 126.43 USD Million | 65.2 USD Million |
| 2026 | 86.54 USD Million | 1030.38 USD Million | 130.43 USD Million | 67.21 USD Million |
| 2027 | 81.05 USD Million | 1066.82 USD Million | 134.43 USD Million | 69.21 USD Million |
| 2028 | 80.59 USD Million | 1016.09 USD Million | 138.44 USD Million | 71.22 USD Million |
| 2029 | 86.66 USD Million | 1050.62 USD Million | 142.46 USD Million | 73.23 USD Million |
| 2030 | 84.76 USD Million | 1145.16 USD Million | 146.48 USD Million | 75.24 USD Million |
| 2031 | 83.99 USD Million | 1123.19 USD Million | 150.51 USD Million | 77.25 USD Million |
| 2032 | 84.38 USD Million | 1145.98 USD Million | 154.55 USD Million | 79.26 USD Million |
| 2033 | 86.07 USD Million | 1166.69 USD Million | 158.6 USD Million | 81.27 USD Million |
| 2034 | 86.38 USD Million | 1192.36 USD Million | 162.65 USD Million | 83.28 USD Million |
| 2035 | 85.67 USD Million | 1228.84 USD Million | 166.71 USD Million | 85.29 USD Million |
Data Source: Wantstats Repository
Growth Outlook
- The Truck And Bus Tire Market By Latin America market is on a steady long-term growth path. Segment value stands at roughly USD 1315 Million in 2026 and is projected to reach USD 1567 Million by 2035 — a gain of about 19% over the forecast period, translating to a CAGR in the low single digits.
- What the regional split looks like (2026): Brazil leads, holding roughly 78% 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 1229 Million, with Chile at USD 167 Million.
Market Dynamics
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