United States Tire Market Growth, Demand and Challenges of the Key Industry Players 2024-32 - PowerPoint PPT Presentation

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United States Tire Market Growth, Demand and Challenges of the Key Industry Players 2024-32

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According to the latest research report by IMARC Group, The United States tire market size reached 350.6 Million Units in 2023. Looking forward, IMARC Group expects the market to reach 400.3 Million Units by 2032, exhibiting a growth rate (CAGR) of 1.4% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: United States Tire Market Growth, Demand and Challenges of the Key Industry Players 2024-32


1
United States Tire Market Research and Forecast
Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals 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,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "United States Tire Market Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the United States tire
    market size reached 350.6 Million Units in 2023.
  • Tire refers to a thick ring made of rubber that
    is inflated and installed over the outer edge or
    the rim of the vehicle wheel. It provides
    friction and enables the vehicle to travel on the
    road more easily. They are also manufactured from
    materials like fabric, steel wires, synthetic
    rubber, carbon black, silica, and vulcanization
    accelerator.
  • It is also used to enable effective shock
    absorption and reduced vibrations. In recent
    years, tires have gained momentum as they offer
    numerous advantages, such as braking forces to
    the surface, even distribution of vehicular
    weight on the road, maintaining the direction of
    travel, and improved vehicle landing.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/united-states-tire-mark
    et/requestsample

4
Report Description
  • United States Tire Market Trends
  • One of the primary factors driving the market is
    the surging demand for vehicle production in the
    United States. Additionally, the exponential
    growth in the automobile sector is creating a
    positive market outlook. Other than this, the
    rising sales of luxury, passenger, and electric
    vehicles (RVs) due to the expanding income levels
    of the masses and rapid urbanization, is
    positively influencing the market growth. Besides
    this, the growing environmental concerns and the
    increasing support by the Federal Government of
    the United States (U.S. Federal Government) to
    promote eco-friendly and sustainable
    manufacturing techniques in the production
    procedure are catalyzing the market growth.
  • In line with this, key players are recovering and
    recycling used tires to conserve the energy
    needed to manufacture new ones. Moreover, the
    increasing number of logistics and transportation
    activities to deliver packages, along with the
    rising number of farming activities in the
    agriculture sector are escalating the product
    demand across the country.
  • Looking forward, IMARC Group expects the market
    volume to reach 400.3 Million Units by 2032,
    expanding at a CAGR of 1.4 during the forecast
    period (2024-2032).
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/united-states-tire-mark
    et

5
Report 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

6
Report Segmentation
  • 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

7
Report Segmentation
  • Breakup by Distribution Channel
  • Offline
  • Online
  • Breakup by Season
  • All Season Tires
  • Winter Tires
  • Summer Tires
  • Breakup by Region
  • Northeast
  • Midwest
  • South
  • West

8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    United States Tire Market 
      5.1    Market Overview    5.2    Market
    Performance    5.3    Impact of COVID-19  5.4
       Market Forecast
  • 6     Market Breakup by Design
  • 6.1 Radial
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Bias
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
  • 7 Market Breakup by End-Use
  • 7.1 OEM
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast       

10
Table of Contents
  • 7.2 Replacement
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 8 Market Breakup by Vehicle Type
  • 8.1 Passenger Cars
  • 8.1.1 Market Trends
  • 8.1.2 Market Breakup by Rim Size
  • 8.1.3 Market Breakup by Tire Size
  • 8.1.4 Price Ranges by Rim Size
  • 8.1.5 Market Forecast
  • 8.2 Light Commercial Vehicles
  • 8.2.1 Market Trends
  • 8.2.2 Market Breakup by Rim Size
  • 8.2.3 Market Breakup by Tire Size
  • 8.2.4 Price Ranges by Rim Size
  • 8.2.5 Market Forecast
  • 8.3 Medium and Heavy Commercial Vehicles
  • 8.3.1 Market Trends
  • 8.3.2 Market Breakup by Rim Size

11
Partial List of Clients
12
Partial List of Clients
13
Disclaimer
  • 2024 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

14
Contact Us
Visit us at
https//www.imarcgroup.com
1-631-791-1145
sales_at_imarcgroup.com
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