Brazil Two-wheeler Tire Market & a Comprehensive Study on Trends, Developments, Challenges, & Opportunities

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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, 2022-27.

The most recent study on the Brazil Two-wheeler Tire market from Markntel Advisors provides extensive, in-depth analysis of current trends, opportunities, high growth areas, and market drivers. This information may be used by stakeholders to develop and align market strategies with the dynamics of the market going forward. Based on data from elite players, readers and competitors will be able to make money using this profitable guidance. The overall analysis covers an overview of the industry policies, market fluctuations, and the cost structure of the products available in the market.

This report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.

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Competitive and Geographical Analysis

The research covers competitors’ Company Profile, Main Business Information, SWOT Analysis, Sales, Revenue, Price and Gross Margin, and Market Share. Intending to reveal the competitive situation of the industry, the report concretely analyzes not only the leading enterprises that have a voice on a worldwide scale but also the regional small and medium-sized companies that play vital roles and have plenty of potential growth. The major players, among whom the Brazil Two-wheeler Tire market fluctuates, are 

-Michelin

-Bridgestone

-Pirelli

-Maggion Industrias de Pneus e Máquinas LTDA.

-Borilli

-Rinaldi

-Pneus Technic

Under Regional Inspection, from a geographic segmentation perspective, the report focuses on regions with material and significant effects on market dynamics. Therefore, the broad coverage of the report includes the regions and key countries. Brazil Two-wheeler Tire market expands across 

-North

-South

-West

-East

With a business objective, the report details the key takeaway necessary to formulate business strategies like:

-New product launches

-New client acquisitions

-New opportunity mapping (market level and geography level)

-Competitive benchmarking

-Cost optimization strategies

-Expansion plans and more

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Key Driver: Rising Inclination of Residents Towards 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 alternate 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.

Market Segmentation

The distinct diversification and articulations of the industry are classified into further segments so the stakeholder can obtain detailed information about factors affecting the market along with various factors affecting the elements which lead to fluctuations in the market. These factors include sales, environmental issues, production issues, demands, and developments affecting each segment which would further influence the market. Segment-wise, Brazil Two-wheeler Tire Market spreads across the following:

Market Segmented into, By Type of Two Wheeler

-Scooter Moped

--Electric

--IC Engine

-Motorcycle

--Electric

--IC Engine

Market Segmented into, By Engine Power

-Up to 50 CC

-51 to 160 CC

-161 to 300 CC

-301 to 449 CC

-Above 450 CC

-Electric

Market Segmented into, 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.)

Market Segmented into, By Type of Tire

-Bias

-Radial

Market Segmented into, By Demand Type

-OEM

-Replacement

Market Segmented into, By Sales Channel

-Online

-Multi-brand Stores

--Local Tire Dealers

--Hypermarkets

--Supermarkets

-Exclusive Outlets

Market Segmented into, 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.)

Market Segmented into, By Geography

-Urban

-Rural

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