According to the latest report by IMARC Group, titled “United States Tire Market: Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2021-2026,” the 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:
Breakup by Design:
- Radial
- Bias
Breakup by End-Use:
- OEM
- Replacement
Breakup by Vehicle Type:
· Passenger
Cars
o
Market Breakup by Rim Size
o
Market Breakup by Tire Size
o
Price Ranges by Rim Size
· Light
Commercial Vehicles
o
Market Breakup by Rim Size
o
Market Breakup by Tire Size
o
Price Ranges by Rim Size
· Medium
and Heavy Commercial Vehicles
o
Market Breakup by Rim Size
o
Market Breakup by Tire Size
o
Price Ranges by Rim Size
· Two
Wheelers
o
Market Breakup by Rim Size
o
Market Breakup by Tire Size
o
Price Ranges by Rim Size
· Three
Wheelers
o
Market Breakup by Rim Size
o
Market Breakup by Tire Size
o
Price Ranges by Rim Size
· Off-The-Road
(OTR)
o
Market Breakup by Rim Size
o
Market Breakup by Tire Size
o
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
Ask Analyst for Customization and Explore Full Report with TOC &
List of Figure: https://www.imarcgroup.com/united-states-tire-market
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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