Brazil Farm Tire Market Size & Outlook, 2024-2030

The farm tire market in Brazil is expected to reach a projected revenue of US$ 650.7 million by 2030. A compound annual growth rate of 7.7% is expected of Brazil farm tire market from 2025 to 2030.
Revenue, 2024 (US$M)
$425.0
Forecast, 2030 (US$M)
$650.7
CAGR, 2025 - 2030
7.7%
Report Coverage
Brazil

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Brazil farm tire market, 2018-2030 (US$M)

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Brazil farm tire market highlights

  • The Brazil farm tire market generated a revenue of USD 387.3 million in 2022 and is expected to reach USD 650.7 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 6.7% from 2023 to 2030.
  • In terms of segment, bias was the largest revenue generating product in 2022.
  • Radial is the most lucrative product segment registering the fastest growth during the forecast period.


Farm tire market data book summary

Market revenue in 2022USD 387.3 million
Market revenue in 2030USD 650.7 million
Growth rate6.7% (CAGR from 2022 to 2030)
Largest segmentBias
Fastest growing segmentRadial
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBias, Radial
Key market players worldwideBridgestone Corp, Continental AG, Compagnie Financiere Richemont SA Class A, Sumitomo Rubber Industries Ltd, Titan International Inc, Michelin, Carlisle Companies Inc, Yokohama Rubber Co Ltd, Trelleborg AB ADR


Other key industry trends

  • In terms of revenue, Brazil accounted for 5.0% of the global farm tire market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil farm tire market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 650.7 million by 2030.

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Farm Tire Market Companies

Name Profile # Employees HQ Website
Hankook Tire View profile 10001+ Seoul, Seoul-t'ukpyolsi, South Korea, Asia http://www.hankooktire.com/
The Carlstar Group View profile 1001-5000 Franklin, Tennessee, United States, North America http://www.carlstargroup.com
Alliance Tire Group View profile 1001-5000 Wakefield, Massachusetts, United States, North America http://atgtire.com
TBC Corporation View profile 1001-5000 Palm Beach Gardens, Florida, United States, North America http://www.tbccorp.com/
Specialty Tires of America View profile 501-1000 Indiana, Pennsylvania, United States, North America https://www.stausaonline.com/
Mitan View profile 1-10 Sömmerda, Thuringen, Germany, Europe http://www.mitan.de/
Ceat Tyres Limited View profile 5001-10000 Mumbai, Maharashtra, India, Asia http://www.ceat.com
Apollo Tyres View profile 10001+ Gurgaon, Haryana, India, Asia https://www.apollotyres.com/
MRF View profile 10001+ Chennai, Tamil Nadu, India, Asia https://www.mrftyres.com/
JK Tyre & Industries View profile 5001-10000 New Delhi, Delhi, India, Asia http://www.jktyre.com/
Yokohama Rubber Co Ltd View profile 33617 36-11, Shimbashi 5-chome, Minato-ku, Tokyo, Japan, 105-8685 https://www.y-yokohama.com
Compagnie Financiere Richemont SA Class A View profile 37117 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 https://www.richemont.com
Michelin View profile 125000 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, France, 63000 https://www.michelin.com
Sumitomo Rubber Industries Ltd View profile 42997 3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, Japan, 651-0072 http://www.srigroup.co.jp
Trelleborg AB ADR View profile 15646 Johan Kocksgatan 10, P.O. Box 153, Trelleborg, Sweden, SE- 23122 https://www.trelleborg.com
Titan International Inc View profile 6900 1525 Kautz Road, Suite 600, West Chicago, IL, United States, 60185 https://www.titan-intl.com
Continental AG View profile 200888 Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 https://www.continental.com
Carlisle Companies Inc View profile 11000 16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, United States, 85254 https://www.carlisle.com
Bridgestone Corp View profile 125199 1-1-3 Kyobashi, Chuo-ku, Tokyo, Japan, 104-8340 http://www.bridgestone.co.jp

Brazil farm tire market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to farm tire market will help companies and investors design strategic landscapes.


Bias was the largest segment with a revenue share of 72.01% in 2024. Horizon Databook has segmented the Brazil farm tire market based on bias, radial covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil farm tire market , including forecasts for subscribers. This country databook contains high-level insights into Brazil farm tire market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil farm tire market size, by product, 2018-2030 (US$M)

Brazil Farm Tire Market Outlook Share, 2024 & 2030 (US$M)

Brazil farm tire market size, by product, 2018-2030 (US$M)

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