United States tire market was valued USD 62.55 Billion in 2019 and is forecast to reach USD 84.05 Billion by 2025 on account of growing automotive industry, reduction in tariff and introduction of technologically advanced vehicles such as electric vehicles. The country is home to many global automobile and related component companies which also plays an important role in the growth of tire market. Furthermore, existence of a large consumer base, expanding vehicle fleet and growing construction industry are some other key factors driving the tire market growth.

United States tire market is segmented based on vehicle type, demand category, radial vs bias and region. Based on vehicle type, the market can be categorized into passenger car, LCV, M&HCV, OTR, two-wheeler and three-wheeler. Among them, passenger car tires accounted for the lion’s market share in 2019. Moreover, the passenger car tire segment is expected to maintain its dominance and hold 72.25% market share by 2025. The reasons can be attributed to the increasing sale of passenger cars and demand for replacement tires.

Major companies operating in United States tire market are Bridgestone Americas Inc., The Goodyear Tire & Rubber Company (NASDAQ: GT), Michelin North America Inc., Cooper Tire & Rubber Company, Continental Tire The Americas LLC, Sumitomo Rubber USA, LLC., Hankook Tire America Corp., Yokohama Tire Corporation, Pirelli Tire North America LLC and Toyo Tire USA Corp., among others. Leading tire manufacturers are undergoing growth strategies such as product innovation, merger & acquisition, joint ventures and collaborations in order to increase their market share in United States tire market. 

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and forecast the market size of United States tire market.
  • To classify and forecast United States tire market based on vehicle type, demand category, radial vs bias, company and region.
  • To identify drivers and challenges for United States tire market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States tire market.
  • To identify and analyze the profile of leading players involved in the manufacturing tires in United States.


Click here to download the sample

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of tire dealers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels and regional presence of all major tire suppliers across United States.

TechSci Research calculated the market size for United States tire using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Tire manufacturers, suppliers, distributors and other stakeholders
  • Vehicle manufacturing companies
  • Raw material suppliers
  • Associations, organizations, forums and alliances related to tires
  • Government bodies such as regulatory authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as vehicle manufacturers, distributors and dealers, and policy makers. The study would also help the stakeholders to target the growing segments over the coming years, thereby aiding them in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, United States tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • United States Tire Market, By Vehicle Type:

o    Passenger Car

o    Two-Wheeler

o    Medium & Heavy Commercial Vehicle

o    Light Commercial Vehicle

o    Off-The-Road Vehicle (OTR)

o    Three-Wheeler

  • United States Tire Market, By Demand Category:
    • OEM
    • Replacement
  • United States Tire Market, By Tire Type:
    • Radial vs Bias
  • United States Tire Market, By Region:
    • Southeast
    • Midwest
    • West
    • Northeast
    • Southwest

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.


In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on United States Tire Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness & Recall

5.2.  Brand Satisfaction

5.3.  Challenges & Unmet Needs

6.    United States Tire Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-wheeler and Three -wheeler)

6.2.2.     By Demand Category (OEM Vs. Replacement)

6.2.3.     By Radial Vs Bias

6.2.4.     By Company (2020)

6.2.5.     By Region

6.3.  Market Attractiveness Index

6.3.1.     By Vehicle Type

7.    United States Passenger Car Tire Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Demand Category

7.2.3.     By Radial Vs Bias

7.3.  Market Attractiveness Index

8.    United States Two-Wheeler Tire Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Demand Category

8.2.3.     By Radial Vs Bias

8.3.  Market Attractiveness Index

9.    United States Medium & Heavy Commercial Vehicle Tire Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Demand Category

9.2.3.     By Radial Vs Bias

9.3.  Market Attractiveness Index

10.  United States Light Commercial Vehicle Tire Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Demand Category

10.2.3.  By Radial Vs Bias

10.3.              Market Attractiveness Index

11.  United States OTR Tire Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Demand Category

11.2.3.  By Radial Vs Bias

11.3.              Market Attractiveness Index

12.  United States Three-Wheeler Tire Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Vehicle Type

12.2.2.  By Demand Category

12.2.3.  By Radial Vs Bias

12.3.              Market Attractiveness Index

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Import Export Analysis

15.  Market Trends & Developments

16.  Policy and Regulatory & Landscape

17.  United States Economic Profile

18.  Competitive Landscape

18.1.              Competition Outlook

18.2.              Players Profiled (Leading Companies)

18.2.1.  Bridgestone Americas Inc.

18.2.1.1.      Company Overview

18.2.1.2.      Products & Services

18.2.1.3.      Financials (If available)

18.2.1.4.      Current & Future Strategy

18.2.1.5.      Key Management

18.2.1.6.      Contact Details

18.2.2.  The Goodyear Tire & Rubber Company

18.2.3.  Michelin North America Inc

18.2.4.  Cooper Tire & Rubber Company

18.2.5.  Continental Tire The Americas LLC

18.2.6.  Sumitomo Rubber USA, LLC.

18.2.7.  Hankook Tire America Corp.

18.2.8.  Yokohama Tire Corporation

18.2.9.  Pirelli Tire North America LLC

18.2.10.                Toyo Tire USA Corp

19.  Strategic Recommendations

20.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

  • List of Figures

     

    Figure 1: United States Tire Market - Factors Influencing Purchase Decision (N=75)

    Figure 2: United States Tire Market - Influencer of Purchase (N=75)

    Figure 3: United States Tire Market - Aided Brand Recall (N=75)

    Figure 4: United States Tire Market - Unaided Brand Recall (N=75)

    Figure 5: United States Tire Market Brand Satisfaction Level (N=75)

    Figure 6: United States Tire Market - Brand Satisfaction Level, By Lifetime (N=75)

    Figure 7: United States Tire Market - Brand Satisfaction Level, By Traction (N=75)

    Figure 8: United States Tire Market - Brand Satisfaction Level, By Vehicle Compatibility (N=75)

    Figure 9: United States Tire Market - Brand Satisfaction Level, By Frequency of Breakdown (N=75)

    Figure 10: United States Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 11: United States Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 12: United States Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 13: United States Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 14: United States Tire Market Share, By Region, By Volume, 2019 & 2025F

    Figure 15: United States Tire Market Share, By Region, By Volume, 2019-2025F

    Figure 16: United States Tire Market Supply Chain Model

    Figure 17: United States Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 18: United States Passenger Car Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 19: United States Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 20: United States Passenger Car Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 21: United States Passenger Car Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 22: United States Passenger Car Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 23: United States Passenger Car Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 24: United States Light Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 25: United States Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 26: United States Light Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 27: United States Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 28: United States Light Commercial Vehicle Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 29: United States Light Commercial Vehicle Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 30: United States Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 31: United States Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 32: United States Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 33: United States Medium & Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 34: United States Medium & Heavy Commercial Vehicle Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 35: United States Medium & Heavy Commercial Vehicle Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 36: United States Two-Wheeler Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 37: United States Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 38: United States Two-Wheeler Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 39: United States Two-Wheeler Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 40: United States Two-Wheeler Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 41: United States Two-Wheeler Tire Market Attractiveness Index, By Vehicle Type, By Volume,

    2019E-2025F

    Figure 42: United States Off-the-Road Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 43: United States Off-the-Road Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 44: United States Off-the-Road Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 45: United States Off-the-Road Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 46: United States OTR Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 47: United States Off-the-Road Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

     

    List of Tables

     

    Table 1: Prominent Tire Size in United States Passenger Car Tire Market, 2019

    Table 2: Prominent Tire Size in United States Light Commercial Vehicle Tire Market, 2019

    Table 3: Prominent Tire Size in United States Medium & Heavy Commercial Vehicle Tire Market, 2019

    Table 4: Prominent Tire Sizes in United States Two-Wheeler Tire Market, 2019

    Table 5: Prominent Tire Sizes in United States OTR Tire Market, 2019

    Table 6: United States Tire Imports, By Vehicle Type, By Value, 2015-2019 (USD Million)

    Table 7: United States Tire Exports, By Vehicle Type, By Value, 2015-2019 (USD Million)