The Market for Rubber Automotive Components in Latin America: Focus on Argentina, Brazil, Chile and Colombia (March 2015)

86 pages. This report explores the market for rubber automotive components in the Latin American region with primary focus on Argentina, Brazil, Chile and Colombia. It provides information on the market dynamics and identifies export opportunities available within the respective countries. The automotive industry in Latin America is spurred by influx of investments by global players in vehicle and parts manufacturing taking advantage of lower cost of production in the region as compared to countries in North America and Europe. Demand for automotive parts including rubber products has been increasing over the last few years. Nevertheless, to gain access to the original equipment manufacturers (OEM) parts segment will be challenging to new entrants as the supply chain is already well established particularly in Brazil and Argentina. There are opportunities to supply rubber products in the replacement equipment manufacturers (REM) segment, especially in Chile and Colombia because of limited domestic manufacturing of the products. This report also seeks to provide comprehensive and up to date information on the trade data of rubber automotive components, supply channels, key players and import requirements.