The Latin America, Middle East and Africa Electric Vehicle Tires Market would witness market growth of 15.4% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA Electric Vehicle Tires Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $374 million by 2032, growing at a CAGR of 13.7 % during the forecast period. The Argentina market is expected to witness a CAGR of 16.1% during (2025 - 2032). Additionally, The UAE market is expected to witness a CAGR of 14.3% during (2025 - 2032). The Brazil and UAE led the LAMEA Electric Vehicle Tires Market by Country with a market share of 22.8% and 14.3% in 2024. The Nigeria market is expected to witness a CAGR of 16.5% during throughout the forecast period.
As EV adoption picks up speed from a relatively low base, the spread of electric mobility throughout Latin America, the Middle East, and Africa is changing the demand for tires. Manufacturers are switching from conventional ICE-focused tires to EV-specific models that handle increased torque, lower rolling resistance, noise reduction, and larger battery loads. Tyre manufacturers are localizing production, upgrading materials, and implementing sustainability-focused compounds as OEMs launch more EV models and governments strengthen incentives. They are also educating distributors and customers on the unique needs of EV fitment. These changes point to a structural shift in the LAMEA tire ecosystem, which is gradually shifting toward long-lasting, EV-specific, and energy-efficient solutions that are in line with regional electrification trends.
In order to gain an edge in developing LAMEA markets, global tire leaders are utilizing stronger R&D pipelines, early OEM partnerships, and advanced EV-tyre technology. At the same time, competitive dynamics are changing. As the EV fleet grows, regional and local players—often limited by import dependence and cost pressures—are adjusting through specialized segments, localized supply chains, and aftermarket positioning. To gain early traction, tactics like OE fitment agreements, distributor education, and the introduction of EV-ready products are becoming crucial. With technology capability and localization emerging as the primary drivers of competitive success, the market is generally moving toward a more distinct, EV-centric landscape.
Based on Load Index, the market is segmented into Less than 100 and Above 100. With a compound annual growth rate (CAGR) of 13.9% over the projection period, the Less than 100 Market, dominate the UAE Electric Vehicle Tires Market by Load Index in 2024 and would be a prominent market until 2032. The Above 100 market is expected to witness a CAGR of 14.9% during (2025 - 2032).
Based on Sales Channel, the market is segmented into OEM and Aftermarket. Among various South Africa Electric Vehicle Tires Market by Sales Channel; The OEM market achieved a market size of USD $53.8 Million in 2024 and is expected to grow at a CAGR of 15.8 % during the forecast period. The Aftermarket market is predicted to experience a CAGR of 17.2% throughout the forecast period from (2025 - 2032).
Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs) and buses. The Passenger Cars market segment dominated the Brazil Electric Vehicle Tires Market by Vehicle Type is expected to grow at a CAGR of 13.3 % during the forecast period thereby continuing its dominance until 2032. Also, The Buses market is anticipated to grow as a CAGR of 14.3 % during the forecast period during (2025 - 2032).
Free Valuable Insights: The Worldwide Electric Vehicle Tires Market is Projected to reach USD 25.60 Billion by 2032, at a CAGR of 13.1%
Rising EV registrations and growing electrification campaigns are driving up demand for tires with larger battery packs and more torque, making Brazil a major growth area for EV tire demand. The strong automotive tire industry in the country is helping this change happen, and government rules, OEM investments (like Stellantis' USD 6 billion plan), and growing consumer interest in sustainable mobility are all speeding up the process. Tire makers are using technologies that are good for electric vehicles, like compounds that reduce rolling resistance, reinforced structures, and features that reduce noise, to meet performance and efficiency standards. Leading international companies and local producers are currently positioning themselves to meet this growing demand. Additionally, though the EV tire market is still small in comparison to traditional passenger tires. All things taken into consideration, the market is still in its infancy but is rapidly expanding as EV adoption keeps growing.
By Load Index
By Sales Channel
By Application
By Vehicle Type
By Propulsion Type
By Rim Size
By Country
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