United States (US) Tire (Tyre) Market Overview, 2027

United States (US) Tire Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

The tire market in the United States is a thriving and competitive industry, catering to the diverse needs of consumers and businesses across various sectors. From passenger vehicles to commercial trucks and off-road vehicles, the demand for tires remains steady, driven by factors such as vehicle sales, road infrastructure development, and evolving consumer preferences.One notable trend in the U.S. tire market is the increasing demand for high-performance tires. With advancements in automotive technology and a growing interest in driving experiences, consumers are seeking tires that offer superior handling, improved traction, and enhanced safety features. High-performance tires cater to the demands of sports car enthusiasts, luxury vehicle owners, and those looking for optimal performance and driving pleasure.All-season tires have witnessed steady growth in the U.S. market, driven by their versatility and convenience. These tires provide a balance between performance in various weather conditions, including dry, wet, and light winter conditions. With consumers seeking year-round usability and cost-effective options, all-season tires have become a popular choice for passenger vehicle.The U.S. tire market is a dynamic industry influenced by evolving consumer demands, technological advancements, and sustainability initiatives. From high-performance tires to fuel-efficient options and all-season versatility, tire manufacturers continue to innovate to meet the diverse needs of consumersAccording to Bonafide Research’s report titled "United States (US) Tire (Tyre) Market Overview, 2027", the tire (tyre) industry market in United States (US) is expected to grow rapidly over the forecasted period from the year 2022 to 2027. The tire (tyre) market is segmented by end use, OEM, and replacement. The replacement segment holds a major market share as users generally replace tyres due to their wear and tear. OEM, on the other hand, is a one-time purchase that comes with the vehicle when purchased. The tires (tyres) must demonstrate that they are capable of driving in a variety of situations, including rain, snow, dry roads, and pavement. As a result, these tires (tyres) may be construed as jack-of-all-trades, which is undoubtedly right; they're competent in a variety of areas. The tire (tyre) was designed specifically to emphasise and showcase the attributes of the vehicles. Consumers in the United States (US) are not rapidly purchasing new vehicles. Tires (tyres) of any brand will gradually lose their peak performance. While it is recommended that they be replaced every 5–6 years, if the consumer drives on difficult or terrible roads, travels long miles on extended voyages, or lives in an area with harsh climatic conditions, more frequent replacement may be required.It is critical to select the proper pair of tires (tyres) for the vehicle in order to get the desired performance, and the selection of tires (tyres) also depends on the type of vehicle. In countries like the USA, where commercial cars are used more, and in countries like India, where the two-wheeler market is much higher than in any other country, the tire (tyre) market for these vehicles is growing significantly in each country. Commercial heavy-weight vehicles, as opposed to passenger cars, two-wheelers, three-wheelers, and commercial light-weights, are designed to handle long straight highways and unpaved areas while carrying a lot of weight. Trucks require long-lasting tyres due to their large size and strong load-carrying capacity. Furthermore, with the advancement of new age technology, tires (tyres) now last longer, give superior drivability, and increase fuel savings. The commercial heavy weight tire (tyre) market in the United States (US) is expected to grow at a double CAGR over the forecast period. Radial tires (tyres) have far superior tread wear, lasting three times as long as bias-ply tires (tyres). Radial tires (tyres) are also less likely to develop flat patches when parked in the same location for an extended length of time, and they run cooler on long excursions. Extensive road networks throughout countries have driven increased manufacturing of trucks, buses, and other types of public transportation, which has accelerated demand for radial tires (tyres). The dependency of radial tires (tyres) is increasing in the United States (US) and the market for radial tires (tyres) is growing in the industry.Considered in this reportGeography: United States (US)Historic Year: 2016Base year: 2021Estimated year: 2022Forecast year: 2027Aspects covered in this reportUnited States (US) tire (tyre) industry Market with its value and forecast along with its segmentsApplication wise tire (tyre) industry distributionVarious drivers and challengesOn-going trends and developmentsTop profiled companiesStrategic recommendationBased on market share:By End useBy Vehicle typeBy design typeBased on By End use types:By original equipment manufacturer (OEM)By Replacement typeBased on By vehicle types: Passenger cars Commercial light-weightCommercial heavy-weightTwo-wheelersThree-wheelersOther types Based on By Design types:Radial Bias tire (tyre)The approach of the report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.Intended audience This report can be useful to industry manufactures, consultants, Key vendors related to Tire (tyre) industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.Please get in touch with our sales team to find out more.

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Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Introduction
  • 2.1. Market Scope & Segmentation
  • 2.2. Research Methodology
  • 3. United States (US) Macro Economic Indicators
  • 4. United States (US) Tyre Market Category Analysis
  • 4.1. Key findings
  • 4.2. Market Drivers
  • 4.3. Market Restraints
  • 4.4. Opportunities
  • 4.5. Policies &Certification
  • 4.6. Value Chain Analysis
  • 4.7. Key Developments – 2021
  • 5. United States (US) Tyre Market Trends
  • 6. United States (US) Tyre Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By End Use
  • 6.2.2. By Vehicle Type
  • 6.2.3. By Design
  • 7. United States (US) Tyre Market Segmentations
  • 7.1. United States (US) Tyre Market, By End Use
  • 7.1.1. United States (US) Tyre Market Size, By Original Equipment Manufacturer (OEM), 2016 - 2027F
  • 7.1.2. United States (US) Tyre Market Size, By Replacement, 2016 - 2027F
  • 7.2. United States (US) Tyre Market, By Vehicle Type
  • 7.2.1. United States (US) Tyre Market Size, By Passenger Car, 2016 - 2027F
  • 7.2.2. United States (US) Tyre Market Size, By Commercial- Light weight, 2016 - 2027F
  • 7.2.3. United States (US) Tyre Market Size, By Commercial- Heavy, 2016 - 2027F
  • 7.2.4. United States (US) Tyre Market Size, By Two Wheeler, 2016 - 2027F
  • 7.2.5. United States (US) Tyre Market Size, By3 wheeler and others, 2016 - 2027F
  • 7.3. United States (US) Tyre Market, By Design
  • 7.3.1. United States (US) Tyre Market Size, By Radial, 2016 - 2027F
  • 7.3.2. United States (US) Tyre Market Size, By Bias Ply, 2016 - 2027F
  • 8. United States (US) Tyre Market Opportunity Assessment
  • 8.1. By End Use, 2022F to2027F
  • 8.2. By Vehicle Type, 2021F to 2027F
  • 8.3. By Design, 2022F to2027F
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profiles
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table
Table 1: United States (US) Tyre Market Size of Original Equipment Manufacturer (OEM) (2016 to 2027F) in USD Billion
Table 2: United States (US) Tyre Market Size of Replacement (2016 to 2027F) in USD Billion
Table 3: United States (US) Tyre Market Size of Passenger Car (2016 to 2027F) in USD Billion
Table 4: United States (US) Tyre Market Size of Commercial- Light weight (2016 to 2027F) in USD Billion
Table 5: United States (US) Tyre Market Size of Commercial- Heavy (2016 to 2027F) in USD Billion
Table 6: United States (US) Tyre Market Size of Two Wheeler (2016 to 2027F) in USD Billion
Table 7: United States (US) Tyre Market Size of 3 wheeler and others (2016 to 2027F) in USD Billion
Table 8: United States (US) Tyre Market Size of Radial (2016 to 2027F) in USD Billion
Table 9: United States (US) Tyre Market Size of Bias Ply (2016 to 2027F) in USD Billion
Table 10: Key Facts of Company 1
Table 11: Key Facts of Company 2
Table 12: Key Facts of Company 3
Table 13: Key Facts of Company 4
Table 14: Key Facts of Company 5
Table 15: Key Facts of Company 6
Table 16: Key Facts of Company 7
Table 17: Key Facts of Company 8

List of Figures
Figure 1: United States (US) Tyre Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 2: United States (US) Tyre Market Share By End Use(2016, 2021 & 2027F)
Figure 3: United States (US) Tyre Market Share By Vehicle Type (2016, 2021 & 2027F)
Figure 4: United States (US) Tyre Market Share By Design (2016, 2021 & 2027F)
Figure 5: Market Attractiveness Index, By End Use
Figure 6: Market Attractiveness Index, By Vehicle Type
Figure 7: Market Attractiveness Index, By Design
Figure 8: Porter's Five Forces Meter of Tyre Industry in United States (US)

United States (US) Tire (Tyre) Market Overview, 2027

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