Vidhi North America Tire Market Outlook
Tire refers to a ring-shaped, inflated structure placed around the rim of the metallic wheel to provide smooth acceleration. It is generally manufactured using natural or synthetic rubber, wire, fabric, carbon black, chemical compounds, etc.
The North America tire market size reached a volume of 370 Million Units in 2020. Looking forward, IMARC Group expects the North America tire market to grow at a CAGR of around 4% during 2021-2026.
Tire aids in minimizing the rolling resistance, reducing wear and tear, increasing the performance of the vehicle, enhancing grip for safety, improving mileage and traction, etc. As a result, it finds extensive usage in numerous activities, such as construction, transportation, agriculture, etc.
Request for a Free PDF sample report: https://www.imarcgroup.com/north-america-tire-market/requestsample
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
North America Tire Market Trends:
The rising demand for automobiles, owing to the outpaced economy, is primarily driving the North America tire market. Apart from this, the elevating usage of agricultural tire for supporting heavy vehicles, absorbing shock, reducing soil compaction, etc., is further catalyzing the market growth. Moreover, the widespread utilization of waste tire in several infrastructural projects, such as in the production of rubber composites and fuel in cement kilns, is positively influencing the product demand across the North America.
Besides this, the launch of several favorable policies by government bodies to minimize the instances of road accidents is also augmenting the market growth. Furthermore, numerous technological advancements, such as the integration of energy harvesting and display systems to offer insights and data regarding the performance of the vehicles, are anticipated to fuel the North America tire market over the forecasted period.
Buy This Report Now: https://www.imarcgroup.com/checkout?id=1753&method=1
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Key Market Segmentation:
The report has categorized the market based on segment and application.
Key Regions Analysed
- United States
- Canada
Market by Segment
- OEM Market
- Replacement Market
Market by Application
- Passenger Car/ Light Truck
- Commercial Tires (Trucks)
- Commercial Tires (Off- Highway)
Competitive Landscape
- Competitive Structure
- Key Player Profiles
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1753&flag=C
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Spark Plug Market: https://www.imarcgroup.com/spark-plug-market
Motor Control Centers Market: https://www.imarcgroup.com/motor-control-center-market
Automotive Electric Fuel Pumps Market: https://www.imarcgroup.com/automotive-electric-fuel-pumps-market
United States Automotive Connectors Market: https://www.imarcgroup.com/united-states-automotive-connectors-market
Automotive Tailgate Market: https://www.imarcgroup.com/automotive-tailgate-market
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800
