Scope of Report Product of Interest (POI): Tire Tire is a ring like component that encircles the vehicle’s rim and meets the ground. Tires are filled with compressed air to provide a gripping surface for traction on the surface over which the vehicle travels. Most vehicles are equipped with pneumatic tires where air is held under pressure inside the tire. Since tire creation, natural rubber is extensively used in fabrication of tires, nevertheless modern tires make use of materials like synthetic rubber, fabric, steel wires, carbon black, etc. adding advanced characteristics to a tire. Market Segmentation VEHICLE TYPE TIRE TYPE • Passenger Car • Radial Year Range BRAZIL TIRE MARKET • Light Commercial • Bias Vehicle (LCV) Review Period • Medium and Heavy SALES CHANNEL Commercial Vehicle • Offline 2016 – 2019 (M&HCV) • Online Base Year • Off the Road (OTR) 2020 • Two-Wheeler Estimated Year DEMAND CATEGORY REGION 2021 • OEM • South-East • South Forecast Period • Replacement 2022 – 2026 • North-East • Mid-West • North 8 Automotive © TechSci Research 8