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North America Tire Market 2019-2024: Expanding Vehicle Fleet for Agricultural Purposes & New Technological Advancements will Continue to Spur the Demand of Tires in the Upcoming Years - ResearchAndMarkets.com

January 15, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 15, 2020--

The “North America Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

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.

This 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.

Key Questions Answered in This Report:

Report Coverage:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Tire Market

5.1 Market Performance

5.2 Market Breakup by Segment

5.3 Market Breakup by Application

5.4 Market Breakup by Region

5.5 Market Forecast

6 North America Tire Market

6.1 Market Performance

6.2 Market Forecast

7 North America Tire Market: Breakup by Segment

7.1 OEM Market

7.2 Replacement Market

8 North America Tire Market: Breakup by Application

8.1 Passenger Car/ Light Truck

8.2 Commercial Tires (Trucks)

8.3 Commercial Tires (Off- Highway)

9 North America Tire Market: Breakup by Country

9.1 United States

9.1.1 Historical market Trends

9.1.2 Market Breakup by Segment

9.1.3 Market Breakup by Application

9.1.4 Market Forecast

9.2 Canada

10 SWOT Analysis

10.1 Overview

10.2 Strengths

10.3 Weaknesses

10.4 Opportunities

10.5 Threats

11 Value Chain Analysis

11.1 Overview

11.2 Research and Development

11.3 Raw Material Suppliers

11.4 Manufacturers

11.5 Distributors

11.6 Retailers/Exporters

11.6 End-Users

12 Porter’s Five Forces Analysis

12.1 Overview

12.2 Bargaining Power of Buyers

12.3 Bargaining Power of Suppliers

12.4 Degree of Rivalry

12.5 Threat of New Entrants

12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/yn11ma

View source version on businesswire.com:https://www.businesswire.com/news/home/20200115005351/en/

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SOURCE: Research and Markets

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PUB: 01/15/2020 05:13 AM/DISC: 01/15/2020 05:13 AM