Tire Manufacturing in the US

Imports hurting industry growth

The Tire Manufacturing industry is suffering from increasing import competition from China, which is threatening the domestic market, and constraining growth. With a high level of capital/labor intensity and a high level of industry concentration, a key barrier to entering this declining industry is capital investment and sourcing skilled workers. Technological advances have only served to stifle revenue growth, as tires are lasting longer. This industry will look to increased downstream demand to support industry growth, with consumers looking for vehicles with better mileage.

This industry comprises establishments primarily engaged in manufacturing tires and inner tubes from natural and synthetic rubber and retreading or rebuilding tires. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.