United States Tire Market Trends, Growth, Analysis, Demand and Forecast 2026
According to the latest report by IMARC Group, titled “United States Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the united states tire market is expected to continue its stable growth in the forecast period (2021-2026).
A tire refers to a pneumatically inflated, ring-shaped structure that encloses the rim of a wheel. It is made from natural or synthetic rubber, fabric, carbon black, silica, steel, wire, etc., and helps in transferring the vehicle's load onto the road by forming a soft contact. A tire serves as a cushion for the wheels of a moving vehicle by providing a gripping surface for traction. It also absorbs shocks, reduces the impact of vibrations, maintains the direction of travel, and withstands the tractive force between the vehicle and the surface of the road, thereby improving the vehicle's overall performance.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
United States Tire Market Trends:
The expanding automotive industry and the growing demand for vehicles owing to elevating consumer living standards are driving the United States tire market. Additionally, rising environmental awareness and extended support by the U.S. Federal Government to promote sustainable and eco-friendly manufacturing techniques in tire production processes are catalyzing the market growth. Furthermore, shifting consumer preferences towards vehicles with enhanced performance are encouraging manufacturers to adopt innovative designs and technologies to improve the efficiency, affordability, durability, etc., of the tire. This, in turn, is anticipated to bolster the market growth in the United States over the coming years.
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United States Tire Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on region, design, end-use, vehicle type, distribution channel, season.
Breakup by Design:
Radial
Bias
Breakup by End-Use:
OEM
Replacement
Breakup by Vehicle Type:
Passenger CarsMarket Breakup by Rim Size
Market Breakup by Tire Size
Price Ranges by Rim Size
Light Commercial VehiclesMarket Breakup by Rim Size
Market Breakup by Tire Size
Price Ranges by Rim Size
Medium and Heavy Commercial VehiclesMarket Breakup by Rim Size
Market Breakup by Tire Size
Price Ranges by Rim Size
Two WheelersMarket Breakup by Rim Size
Market Breakup by Tire Size
Price Ranges by Rim Size
Three WheelersMarket Breakup by Rim Size
Market Breakup by Tire Size
Price Ranges by Rim Size
Off-The-Road (OTR)Market Breakup by Rim Size
Market Breakup by Tire Size
Price Ranges by Rim Size
Breakup by Distribution Channel:
Offline
Online
Breakup by Season:
All Season Tires
Winter Tires
Summer Tires
Breakup by Region:
Northeast
Midwest
South
West
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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