The latest report by IMARC, 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 2025-2033”, finds that the United States tire market size reached 358.2 Million Units in 2024. 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.
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 405.9 Million Units by 2033, expanding at a CAGR of 1.38% during the forecast period (2025-2033).
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million Units |
Segment Coverage | Design, End-Use, Vehicle Type, Distribution Channel, Season, Region |
Region Covered | Northeast, Midwest, South, West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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