The North America tire market is expected to exhibit a stable growth during 2019-2024 . 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 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: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
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.