Tires and Rubber in the United States

December 2020 | 45 pages | ID: T18474311E8EN
MarketLine

Abstracts

Tires and 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 2015-19, and forecast to 2024). 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 & rubber market had total revenues of $137.4bn in 2019, representing a compound annual growth rate (CAGR) of 3% between 2015 and 2019.
• Market consumption volume increased with a CAGR of 1.9% between 2015 and 2019, to reach a total of 875.2 million units in 2019.
• The tires & rubber market is highly correlated with the vehicles market. As demand for vehicles rises, demand for tires rises as well, increasing market growth. Demand for new cars has been saturated in the US in recent years.

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

Reasons to Buy

• What was the size of the United States tires & rubber market by value in 2019?
• What will be the size of the United States tires & rubber market in 2024?
• 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?

Contents

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 strategic partnerships in recent years?
7.5. How has the COVID-19 pandemic impacted leading players?

8 COMPANY PROFILES

8.1. Bridgestone Corporation
8.2. The Goodyear Tire & Rubber Company
8.3. Compagnie Generale des Etablissements Michelin
8.4. Cooper 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

LIST OF TABLES

Table 1: United States tires & rubber market value: $ billion, 2015-19
Table 2: United States tires & rubber market volume: million units, 2015-19
Table 3: United States tires & rubber market category segmentation: $ billion, 2019
Table 4: United States tires & rubber market geography segmentation: $ billion, 2019
Table 5: United States tires & rubber market value forecast: $ billion, 2019-24
Table 6: United States tires & rubber market volume forecast: million units, 2019-24
Table 8: Bridgestone Corporation: Key Employees
Table 9: Bridgestone Corporation: Key Employees Continued
Table 11: The Goodyear Tire & Rubber Company: Key Employees
Table 13: Compagnie Generale des Etablissements Michelin: Key Employees
Table 15: Cooper Tire & Rubber Company: Key Employees
Table 16: United States size of population (million), 2015-19
Table 17: United States gdp (constant 2005 prices, $ billion), 2015-19
Table 18: United States gdp (current prices, $ billion), 2015-19
Table 19: United States inflation, 2015-19
Table 20: United States consumer price index (absolute), 2015-19
Table 21: United States exchange rate, 2015-19

List Of Figures

LIST OF FIGURES

Figure 1: United States tires & rubber market value: $ billion, 2015-19
Figure 2: United States tires & rubber market volume: million units, 2015-19
Figure 3: United States tires & rubber market category segmentation: % share, by value, 2019
Figure 4: United States tires & rubber market geography segmentation: % share, by value, 2019
Figure 5: United States tires & rubber market value forecast: $ billion, 2019-24
Figure 6: United States tires & rubber market volume forecast: million units, 2019-24
Figure 7: Forces driving competition in the tires & rubber market in the United States, 2019
Figure 8: Drivers of buyer power in the tires & rubber market in the United States, 2019
Figure 9: Drivers of supplier power in the tires & rubber market in the United States, 2019
Figure 10: Factors influencing the likelihood of new entrants in the tires & rubber market in the United States, 2019
Figure 11: Factors influencing the threat of substitutes in the tires & rubber market in the United States, 2019
Figure 12: Drivers of degree of rivalry in the tires & rubber market in the United States, 2019

COMPANIES MENTIONED

Bridgestone Corporation
The Goodyear Tire & Rubber Company
Compagnie Generale des Etablissements Michelin
Cooper Tire & Rubber Company