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Tire Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tire Manufacturing Market Research Report | NAICS 32621 | Jul 2014

Rubber meets road: Pent-up tire demand will spur growth, but import threats loom

IBISWorld’s Tire Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$24bn
Annual Growth 09-14
6.2%
Annual Growth 14-19
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Profit
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Employment
55,540
Businesses
424
Industry Analysis & Industry Trends

Over the next five years, the Tire Manufacturing industry will continue to recover, with pent-up demand for tires boosting sales growth. Fuel-efficient tires that cater to cost-conscious consumers will be popular among consumers and help drive industry sales. Firms will invest in creating tires that cater to this demand as fuel prices rise and environmental awareness grows. Nevertheless, overseas competition and demand will continue to threaten this industry's performance... purchase to read more

Industry Report - Industry Products Chapter

The Tire Manufacturing industry produces replacement tires and tires produced by an original equipment manufacturer (OEM) for passenger vehicles and light to heavy trucks.

Passenger vehicle replacement tires

Passenger vehicle replacement tires are the industry's largest product segment, expected to account for 68.7% of industry shipments in 2014, down from close to 76.9% of the industry in 2009. The recession had consumers demanding fewer replacement tires and, instead, driving more on the tires they already own. Still, replacement tires fared better than original equipment tires through the recession... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tire Manufacturing Industry?

This industry manufactures aircraft and motor vehicle tires, inner tubes and tire repair materials. The finished products are then sold to aircraft and motor vehicle manufacturers and tire wholesalers. Operators within this industry do not retread tires.

Industry Products
Passenger replacement tiresLight truck replacement tiresPassenger original equipment tiresMedium and heavy truck replacement tires
 
Industry Activities
Pneumatic, semipneumatic and solid-rubber tireInner tubeMotor vehicle tireTire repair materialAircraft tire


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