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)
$37.9
CAGR, 2025 - 2030
4.4%
Report Coverage
Latin America
Latin America aircraft tire market, 2018-2030 (US$B)
Latin America aircraft tire market highlights
- The Latin America aircraft tire market generated a revenue of USD 25,954.4 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, radial was the largest revenue generating product in 2023.
- Radial is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 25,954.4 million |
| Market revenue in 2030 | USD 37,831.3 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Radial |
| Fastest growing segment | Radial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radial |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.4% of the global aircraft tire market in 2023.
- 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 519,891.6 million by 2030.
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Aircraft Tire Market Scope
Aircraft tire market segmentation & scope
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
South Korea
Brazil
Argentina
Aircraft Tire Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America aircraft tire market size, by country, 2018-2030 (US$B)
Latin America Aircraft Tire Market Outlook Share, 2024 & 2030 (US$B)
Related regional statistics
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