United States Tires and Rubber Market Summary and Forecast
Summary
Tires & Rubber in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 & rubber market is segmented into car OEM, truck OEM, motorcycle OEM, car aftermarket, truck aftermarket, and motorcycle aftermarket.
- The US tires & rubber market had total revenues of $49.8 billion in 2022, representing a compound annual growth rate (CAGR) of 9.1% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 0.7% between 2017 and 2022, to reach a total of 330 million units in 2022.
- According to in-house research, in 2022, the US accounted for a share of 77.1% of the North American tire & rubber market. The country is one of the world's leading automotive producers and exporters, which supports the demand for tires & rubber.
- 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
- What was the size of the United States tires & rubber market by value in 2022?
- What will be the size of the United States tires & rubber market in 2027?
- 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?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of leading players?
- 7.3. What strategies do leading players follow?
- 8 Company Profiles
- 8.1. Bridgestone Corporation
- 8.2. The Goodyear Tire & Rubber Company
- 8.3. Compagnie Generale des Etablissements Michelin SCA
- 8.4. Pirelli & C. S.p.A.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States tires & rubber market value: $ billion, 2017–22
- Table 2: United States tires & rubber market volume: million Units, 2017–22
- Table 3: United States tires & rubber market category segmentation: % share, by value, 2017–2022
- Table 4: United States tires & rubber market category segmentation: $ billion, 2017-2022
- Table 5: United States tires & rubber market geography segmentation: $ billion, 2022
- Table 6: United States tires & rubber market value forecast: $ billion, 2022–27
- Table 7: United States tires & rubber market volume forecast: million Units, 2022–27
- Table 8: Bridgestone Corporation: key facts
- Table 9: Bridgestone Corporation: Annual Financial Ratios
- Table 10: Bridgestone Corporation: Key Employees
- Table 11: Bridgestone Corporation: Key Employees Continued
- Table 12: Bridgestone Corporation: Key Employees Continued
- Table 13: The Goodyear Tire & Rubber Company: key facts
- Table 14: The Goodyear Tire & Rubber Company: Annual Financial Ratios
- Table 15: The Goodyear Tire & Rubber Company: Key Employees
- Table 16: The Goodyear Tire & Rubber Company: Key Employees Continued
- Table 17: Compagnie Generale des Etablissements Michelin SCA: key facts
- Table 18: Compagnie Generale des Etablissements Michelin SCA: Annual Financial Ratios
- Table 19: Compagnie Generale des Etablissements Michelin SCA: Key Employees
- Table 20: Pirelli & C. S.p.A.: key facts
- Table 21: Pirelli & C. S.p.A.: Annual Financial Ratios
- Table 22: Pirelli & C. S.p.A.: Key Employees
- Table 23: Pirelli & C. S.p.A.: Key Employees Continued
- Table 24: United States size of population (million), 2018–22
- Table 25: United States gdp (constant 2005 prices, $ billion), 2018–22
- Table 26: United States gdp (current prices, $ billion), 2018–22
- Table 27: United States inflation, 2018–22
- Table 28: United States consumer price index (absolute), 2018–22
- Table 29: United States exchange rate, 2018–22
- List of Figures
- Figure 1: United States tires & rubber market value: $ billion, 2017–22
- Figure 2: United States tires & rubber market volume: million Units, 2017–22
- Figure 3: United States tires & rubber market category segmentation: $ billion, 2017-2022
- Figure 4: United States tires & rubber market geography segmentation: % share, by value, 2022
- Figure 5: United States tires & rubber market value forecast: $ billion, 2022–27
- Figure 6: United States tires & rubber market volume forecast: million Units, 2022–27
- Figure 7: Forces driving competition in the tires & rubber market in the United States, 2022
- Figure 8: Drivers of buyer power in the tires & rubber market in the United States, 2022
- Figure 9: Drivers of supplier power in the tires & rubber market in the United States, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the tires & rubber market in the United States, 2022
- Figure 11: Factors influencing the threat of substitutes in the tires & rubber market in the United States, 2022
- Figure 12: Drivers of degree of rivalry in the tires & rubber market in the United States, 2022
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