Latin America Aircraft Tire Market Size & Outlook

The aircraft tire market in Latin America is expected to reach a projected revenue of US$ 37.9 billion by 2030. A compound annual growth rate of 4.4% is expected of Latin America aircraft tire market from 2025 to 2030.
Revenue, 2024 (US$B)
$28.2
Forecast, 2030 (US$B)
$37.9
CAGR, 2025 - 2030
4.4%
Report Coverage
Latin America

Latin America aircraft tire market highlights

  • The Latin America aircraft tire market generated a revenue of USD 28.2 billion in 2024.
  • The market is expected to grow at a CAGR of 4.4% from 2025 to 2030.
  • In terms of segment, radial was the largest revenue generating product in 2024.
  • Radial is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.

Latin America data book summary

Market revenue in 2024USD 28.2 billion
Market revenue in 2030USD 37.9 billion
Growth rate4.4% (CAGR from 2025 to 2030)
Largest segmentRadial
Fastest growing segmentRadial
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationRadial, Cross-ply
Key market players worldwideBridgestone Corp, SENTURY, Petlas, Specialty Tires of America, Dunlop Aircraft Tyres, Compagnie Generale de Location, LILO Desserts, The Goodyear Tire & Rubber Company, Wilkerson

Other key industry trends

  • In terms of revenue, Latin America region accounted for 1.4% of the global aircraft tire market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 519.8 billion by 2030.

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Aircraft Tire Market Companies

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Latin America aircraft tire market size, by country, 2018-2030 (US$B)

Latin America Aircraft Tire Market Outlook Share, 2024 & 2030 (US$B)

Latin America aircraft tire market size, by country, 2018-2030 (US$B)

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