United States Tire Market Research and Forecast Report 2023-2028

1. United States Tire Market Research and Forecast Report 2023-2028 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved

2. Report DescriptionAbout 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. IMARC’s 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 company’s expertise. IMARC’s 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 Description and Highlights Report Description United States Tire Market Research Report 2023-2028: According to the latest report by IMARC Group, titled "United States Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the United States tire market size reached 344.7 Million Units in 2022. 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- market/requestsample

4. Report Description and Highlights 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 402.1 Million Units by 2028, expanding at a CAGR of 2.7% during the forecast period (2023-2028). View Report TOC, Figures and Tables: https://www.imarcgroup.com/united-states-tire-market

5. Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Design: •Radial •Bias Breakup by End-Use: •OEM •Replacement Breakup by Vehicle Type: •Passenger Cars • • • •Light Commercial Vehicles • Market Breakup by Rim Size • Market Breakup by Tire Size • Price Ranges by Rim Size Market Breakup by Rim Size Market Breakup by Tire Size Price Ranges by Rim Size

6. Report Description and Highlights Report Description •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

7. Report Description and Highlights Report Description Breakup by Season: •All Season Tires •Winter Tires •Summer Tires Breakup by Region: •Northeast •Midwest •South •West

8. Key Questions Answered in the Report Report Description 1. 2. 3. 4. 5. 6. 7. 8. What was the size of the United States tire market in 2022? What is the expected growth rate of the United States tire market during 2023-2028? What are the key factors driving the United States tire market? What has been the impact of COVID-19 on the United States tire market? What is the breakup of the United States tire market based on the design? What is the breakup of the United States tire market based on the end-use? What is the breakup of the United States tire market based on the vehicle type? What is the breakup of the United States tire market based on the distribution channel?

9. Report DescriptionTable of Contents 1 Preface 2 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 Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 United States Tire Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast

10. Report DescriptionTable of Contents 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 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 Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/united-states-tire-market/toc

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13. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s 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.

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