The latest report by IMARC Group, titled “United States Tire Market Report by Design (Radial, Bias), End-Use (OEM, Replacement), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles, Two Wheelers, Three Wheelers, Off-The-Road (OTR)), Distribution Channel (Offline, Online), Season (All Season Tires, Winter Tires, Summer Tires), and Region 2024-2032” The study provides a detailed analysis of the industry, including the United States tire market trends, size, share, price, growth, and forecasts. The market size is projected to exhibit a growth rate (CAGR) of 1.4% during 2024-2032.
United States Tire Market Trends:
A tire is a circular, ring-shaped component that encases a vehicle’s wheel rim, providing a flexible cushion that absorbs shocks as the vehicle moves. Made primarily of rubber, along with various reinforcing materials like fabric, steel, and synthetic compounds, tires are designed to provide traction between the vehicle and the road, ensuring stability, handling, and safety. Tires consist of several key parts: the tread, which contacts the road and provides grip; the sidewall, which offers lateral stability; and the bead, which ensures the tire stays mounted on the wheel rim. The tread pattern, including grooves and sipes, is crucial for channeling water away, enhancing traction on wet surfaces, and improving overall performance. Tires are essential for various vehicles, including cars, trucks, bicycles, and aircraft, playing a vital role in their operation by ensuring effective braking, acceleration, and maneuverability.
The rising need for tire replacements due to wear and tear is a significant driver of the market. The large existing vehicle fleet in the U.S. ensures a steady demand for replacement tires, as regular maintenance and safety considerations prompt consumers to replace old tires. Innovations in tire technology, such as the development of all-season tires, run-flat tires, and eco-friendly tires, attract consumers looking for better performance, safety, and fuel efficiency. Advances in materials and manufacturing processes also enhance tire durability and performance. Government regulations related to vehicle safety, fuel efficiency, and environmental impact drive the tire market. Standards set by agencies like the National Highway Traffic Safety Administration (NHTSA) and the Environmental Protection Agency (EPA) encourage the development and adoption of tires that meet stringent safety and emission requirements.
The expansion and maintenance of transportation infrastructure lead to increased vehicle usage, boosting tire demand. Improved road conditions also influence tire wear rates and replacement cycles. The growing consumer preference for SUVs and light trucks has led to increased demand for specialized tires that cater to these vehicles. This trend impacts both OE and replacement tire segments. The rise of e-commerce platforms has made tire purchasing more accessible, offering consumers a wide range of choices and competitive pricing. This shift in buying behavior supports the market growth.
For an in-depth analysis, you can request the sample copy of the market report: https://www.imarcgroup.com/united-states-tire-market/requestsample
United States Tire Market Segmentation:
Breakup by Design:
- Radial
- Bias
Breakup by End-Use:
- OEM
- Replacement
Breakup by Vehicle Type:
- Passenger Cars
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Light Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Medium and Heavy Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Two Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Three Wheelers
- Market 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
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Ask analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=4059&flag=C
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
