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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

North America Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The North America tire market experienced a steady growth during 2014-2019. Tire refers to a rubber covering, placed around the rim of metallic wheel to provide flexible cushion with road for traction and smooth acceleration. The modern pneumatic tires are generally made up of synthetic rubber, natural rubber, fabric, wire, carbon black and other chemical compounds. Best quality of tire helps in increasing vehicle’s performance, reduces wear and tear, minimizing rolling resistance, improves mileage and traction, and enhances grip for safety. Owing to this, tire has wide applications in two-wheelers, passenger vehicles, light and commercial trucks, buses, and military vehicles.

North America represents one of the largest tire markets accounting to escalating demand for automobiles as a result of outpaced economy and high disposable income of consumers. Apart from this, increasing number of infrastructure projects, developed construction industry and high demand for replacement tires in the region have fueled the tire market. Expanding vehicle fleet for agricultural purposes along with the new technological advancements will continue to spur the demand in the upcoming years.

IMARC Group’s latest report provides a deep insight into the North America tire market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America tire market in any manner.

Report Scope:

  • North America Tire Market
     
  • Key Regions Analysed
    • United States
    • Canada
       
  • Analysis for Each Country
     
  • Market by Segment
    • OEM Market
    • Replacement Market
       
  • Market by Application
    • Passenger Car/ Light Truck
    • Commercial Tires (Trucks)
    • Commercial Tires (Off- Highway)
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles


Key Questions Answered in This Report:

  • How has the North America tire market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America tire market?
  • What has been the impact of COVID-19 on the North America tire market?
  • What are the different segments of the North America tire market?
  • What is the breakup of the North America tire market on the basis of application?
  • What are the various stages in the value chain of the North America tire industry?
  • What are the key driving factors and challenges in the North America tire industry?
  • What is the structure of the North America tire industry and who are the key players?
  • What is the degree of competition in the North America tire industry?
  • What are the profit margins in the North America tire industry?


Report Coverage:

  • Base Year Considered: 2019
  • Historical Data Coverage: 2014-2019
  • Market Forecast: 2020-2025
  • Geography Covered: North America, United States and Canada
  • Segments Covered: Segment and Application


Report Customization: Although IMARC has tried to cover everything in the North America tire market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.

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    Global Tire Market
    5.1    Market Performance
    5.2    Market Breakup by Segment
    5.3    Market Breakup by Application 
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6    North America Tire Market
    6.1    Market Performance
    6.2    Impact of COVID-19
    6.3    Market Forecast 
7    North America Tire Market: Breakup by Segment 
    7.1    OEM Market
    7.2    Replacement Market
8    North America Tire Market: Breakup by Application
    8.1    Passenger Car/ Light Truck
    8.2    Commercial Tires (Trucks)
    8.3    Commercial Tires (Off- Highway)
9    North America Tire Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical market Trends
     9.1.2    Market Breakup by Segment
     9.1.3    Market Breakup by Application
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical market Trends
     9.2.2    Market Breakup by Segment 
     9.2.3    Market Breakup by Application
     9.2.4    Market Forecast
10    SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
    11.1     Overview
    11.2     Research and Development
    11.3     Raw Material Suppliers
    11.4     Manufacturers
    11.5     Distributors
    11.6     Retailers/Exporters
    11.6     End-Users
12    Porter’s Five Forces Analysis 
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13    Price Analysis 
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players


List of Figures

Figure 1: Global: Tire Market: Sales Value (in Billion Units), 2014-2019
Figure 2: Global: Tire Market: Breakup by Segment (in %), 2019
Figure 3: Global: Tire Market: Breakup by Application (in %), 2019
Figure 4: Global: Tire Market: Breakup by Region (in %), 2019
Figure 5: Global: Tire Market Forecast: Sales Value (in Billion Units), 2020-2025
Figure 6: North America: Tire Market: Sales Value (in Million Units), 2014-2019
Figure 7: North America: Tire Market Forecast: Sales Value (in Million Units), 2020-2025
Figure 8: North America: Tire Market: Breakup by Segment (in %), 2019
Figure 9: North America: Tire (OEM) Market: Sales Value (in Million Units), 2014 & 2019
Figure 10: North America: Tire (OEM) Market Forecast: Sales Value (in Million Units), 2020-2025
Figure 11: North America: Tire (Replacement) Market: Sales Value (in Million Units), 2014 & 2019
Figure 12: North America: Tire (Replacement) Market Forecast: Sales Value (in Million Units), 2020-2025
Figure 13: North America: Tire Market: Breakup by Application (in %), 2019
Figure 14: North America: Tire (Passenger Car/ Light Truck) Market: Sales Value (in Million Units), 2014 & 2019
Figure 15: North America: Tire (Passenger Car/ Light Truck) Market Forecast: Sales Value (in Million Units), 2020-2025
Figure 16: North America: Tire (Commercial Tires - Trucks) Market: Sales Value (in Million Units), 2014 & 2019
Figure 17: North America: Tire (Commercial Tires - Trucks) Market Forecast: Sales Value (in Million Units), 2020-2025
Figure 18: North America: Tire (Commercial Tires - Off-Highway) Market: Sales Value (in Million Units), 2014 & 2019
Figure 19: North America: Tire (Commercial Tires - Off-Highway) Market Forecast: Sales Value (in Million Units), 2020-2025
Figure 20: North America: Tire Market: Breakup by Country (in %), 2019
Figure 21: United States: Tire Market: Sales Value (in Million Units), 2014-2019
Figure 22: United States: Tire Market: Breakup by Segment (in %), 2019
Figure 23: United States: Tire Market: Breakup by Application (in %), 2019
Figure 24: United States: Tire Market Forecast: Sales Value (in Million Units), 2020-2025
Figure 25: Canada: Tire Market: Sales Value (in Million Units), 2014-2019
Figure 26: Canada: Tire Market: Breakup by Segment (in %), 2019
Figure 27: Canada: Tire Market: Breakup by Application (in %), 2019
Figure 28: Canada: Tire Market Forecast: Sales Value (in Million Units), 2020-2025
Figure 29: North America: Tire Industry: SWOT Analysis
Figure 30: North America: Tire Industry: Value Chain Analysis
Figure 31: North America: Tire Industry: Porter’s Five Forces Analysis


List of Tables

Table 1: North America: Tire Market: Key Industry Highlights, 2019 and 2025
Table 2: North America: Tire Market Forecast: Breakup by Segment (in Million Units), 2020-2025
Table 3: North America: Tire Market Forecast: Breakup by Application (in Million Units), 2020-2025
Table 4: North America: Tire Market Forecast: Breakup by Country (in Million Units), 2020-2025
Table 5: North America: Tire Market: Competitive Structure
Table 6: North America: Tire Market: Key Players
 

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