Tires & Rubber in the United States

Tires & Rubber in the United States

Summary

Tires & Rubber in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The tires and rubber market consists of the manufacturers revenues generated through the sales of both original equipment manufacturer (OEM) and aftermarket tires for passenger cars (Cars), commercial vehicles (Trucks) and motorcycles. The volume represents the number of tires produced for passenger cars, commercial vehicles and motorcycles.
- The US tires and rubber market had total revenues of $134,274.3m in 2018, representing a compound annual growth rate (CAGR) of 4.3% between 2014 and 2018.
- Market consumption volume increased with a CAGR of 3% between 2014 and 2018, to reach a total of 871.4 million tires in 2018.
- The decline in oil prices in 2015 had a positive influence on road vehicle sales, with one estimate suggesting that due to the fall in oil prices, 7 million more cars were sold in 2015.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the tires & rubber market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the tires & rubber market in the United States
- Leading company profiles reveal details of key tires & rubber market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States tires & rubber market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the United States tires & rubber market by value in 2018?
- What will be the size of the United States tires & rubber market in 2023?
- What factors are affecting the strength of competition in the United States tires & rubber market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's tires & rubber market?