Research Methodology Tire Production TechSci Research has mapped production capacities of almost all tire manufacturing facilities in Brazil, with the help of a series of primary research surveys of all the major tire manufacturing companies in the country, followed by validation through secondary sources such as company annual reports and industry associations. TechSci Research has been successful in identifying the production capacities of each tire plant as well as their respective plant locations, establishment dates and type of tires manufactured. Vehicle Production, Sales & Fleet Size Basic data points needed for analysis of Brazil Tire market are the historical, current and forecast figures for vehicle production, sales and fleet size. Data for vehicle sales and fleet size has been extracted through various secondary sources and credible data portals. TechSci Research has also maintained a database for vehicle sales and fleet size for two-wheelers, which is regularly updated through various primary research surveys and secondary sources such as tire associations & government publications. Tire Demand OEMTireSales OEM tire demand has been calculated by multiplying the average number of tires per vehicle to the total number of vehicles produced. For example, for two-wheeler segment, the average number of tires is considered to be two and for passenger cars, the average number of tires is five. 14 Automotive © TechSci Research 14
Brazil Tire Market to Grow at 6.29% CAGR by 2026 Page 13 Page 15