
United States of America (USA) Tires and Rubber Market Summary, Competitive Analysis and Forecast to 2027
Description
United States of America (USA) Tires and Rubber Market Summary, Competitive Analysis and Forecast to 2027
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
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 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 volumes contained herein make a number of assumptions on the rate of tire wear. It is assumed that OEM vehicles receive one full set of tires upon completion, while aftermarket cars, motorcycles and trucks receive a new set approximately every four years, two years, and 15 months respectively.
- The US tires & rubber market had total revenues of $92.7 billion in 2022, representing a compound annual growth rate (CAGR) of -1% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 2.1% between 2017 and 2022, to reach a total of 1 billion tires in 2022.
- The US is one of the biggest markets globally, with a 19.6% market share, followed by Europe with a 16.1% share.
- 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 State's tires & rubber market?
Table of Contents
50 Pages
- 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 in the market?
- 7.2. What are the strengths/weaknesses of leading players?
- 7.3. What strategies do leading players in the market follow?
- 7.4. Have there been any significant developments in recent years?
- 8 Company Profiles
- 8.1. Bridgestone Corporation
- 8.2. Compagnie Generale des Etablissements Michelin SCA
- 8.3. Cooper Tire & Rubber Company
- 8.4. The Goodyear Tire & Rubber Company
- 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: $ million, 2017-22(e)
- Table 2: United States tires & rubber market volume: million tires, 2017–22(e)
- Table 3: United States tires & rubber market category segmentation: % share, by value, 2017–2022(e)
- Table 4: United States tires & rubber market category segmentation: $ million, 2017-2022
- Table 5: United States tires & rubber market geography segmentation: $ million, 2022(e)
- Table 6: United States tires & rubber market value forecast: $ million, 2022-27
- Table 7: United States tires & rubber market volume forecast: million tires, 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: Compagnie Generale des Etablissements Michelin SCA: key facts
- Table 14: Compagnie Generale des Etablissements Michelin SCA: Annual Financial Ratios
- Table 15: Compagnie Generale des Etablissements Michelin SCA: Key Employees
- Table 16: Cooper Tire & Rubber Company: key facts
- Table 17: Cooper Tire & Rubber Company: Key Employees
- Table 18: The Goodyear Tire & Rubber Company: key facts
- Table 19: The Goodyear Tire & Rubber Company: Annual Financial Ratios
- Table 20: The Goodyear Tire & Rubber Company: Key Employees
- Table 21: The Goodyear Tire & Rubber Company: Key Employees Continued
- Table 22: United States size of population (million), 2018–22
- Table 23: United States gdp (constant 2005 prices, $ billion), 2018–22
- Table 24: United States gdp (current prices, $ billion), 2018–22
- Table 25: United States inflation, 2018–22
- Table 26: United States consumer price index (absolute), 2018–22
- Table 27: United States exchange rate, 2017–21
- List of Figures
- Figure 1: United States tires & rubber market value: $ million, 2017-22(e)
- Figure 2: United States tires & rubber market volume: million tires, 2017–22(e)
- Figure 3: United States tires & rubber market category segmentation: $ million, 2017-2022
- Figure 4: United States tires & rubber market geography segmentation: % share, by value, 2022(e)
- Figure 5: United States tires & rubber market value forecast: $ million, 2022-27
- Figure 6: United States tires & rubber market volume forecast: million tires, 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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