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Tire Manufacturing in the US Industry Data and Analysis
The industry has faced numerous challenges, including supply chain disruptions, rising imports and trade wars. In 2019, the Department of Commerce (DOC) introduced substantial tariffs on truck, bus and radial (TBR) tires imported from China, ranging from 23.9% to 66.3% for anti-subsidy tariffs and a 22.6% standard tariff. The sector experienced increased support due to these measures, which incentivized domestic manufacturing by making imports more costly. Southeast Asia, the predominant supplier of natural rubber, saw its production affected by weather phenomena like El Niño, which drove up rubber prices because of depressed rubber output. The period also witnessed a shift in consumer behavior towards more affordable tire options, driven by a cooling labor market and heightened borrowing costs experienced throughout mid-2025. However, as economic uncertainty eased and the rate dropped on October 29, 2025, the tire manufacturing industry experienced a surge in demand. Currently, revenue is expected to grow at a five-year CAGR of 5.2%, reaching $26.8 billion by the end of 2025, with an expansion of 0.9% in 2025 alone.
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What's included in this industry analysis
IBISWorld's research coverage on the Tire Manufacturing industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.
About this industry
What's this industry report about?
The Tire Manufacturing industry in the United States operates under the NAICS industry code 32621. This industry manufactures aircraft and motor vehicle tires, inner tubes and tire repair materials. The finished products are then sold to aircraft and motor vehicle manufacturers, as well as tire wholesalers. Related terms covered in the Tire Manufacturing industry in the United States include high-performance (hp) tire, original equipment manufacturer (oem) and transportation recall enhancement, accountability and documentation act (tread act).
What's included in this industry?
Products and services covered in Tire Manufacturing industry in the United States include Passenger vehicle tires, Mid-sized and heavy-duty truck tires and Tractor and Industrial tires.
What companies are included in this industry?
Companies covered in the Tire Manufacturing industry in the United States include The Goodyear Tire & Rubber Company, Bridgestone Corporation and Compagnie Generale Des Etablissements Michelin.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Tire Manufacturing industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Tire Manufacturing industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Tire Manufacturing industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Tire Manufacturing industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Tire Manufacturing industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Tire Manufacturing industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Tire Manufacturing industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Tire Manufacturing industry in the United States.
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Frequently Asked Questions
What is the market size of the Tire Manufacturing industry in the United States in 2026?
The market size of the Tire Manufacturing industry in the United States is $26.8bn in 2026.
How many businesses are there in the Tire Manufacturing industry in the United States in 2025?
There are 285 businesses in the Tire Manufacturing industry in the United States, which has declined at a CAGR of 1.5 % between 2020 and 2025.
How may import tariffs affect the Tire Manufacturing industry in the United States?
The Tire Manufacturing industry in the United States is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
How may export tariffs affect the Tire Manufacturing industry in the United States?
The Tire Manufacturing industry in the United States is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
Has the Tire Manufacturing industry in the United States grown or declined over the past 5 years?
The market size of the Tire Manufacturing industry in the United States has been growing at a CAGR of 5.2 % between 2020 and 2025.
What is the forecast growth of the Tire Manufacturing industry in the United States over the next 5 years?
Over the next five years, the Tire Manufacturing industry in the United States is expected to grow.
What are the biggest companies in the Tire Manufacturing industry in the United States?
The biggest companies operating in the Tire Manufacturing industry in the United States are The Goodyear Tire & Rubber Company, Bridgestone Corporation and Compagnie Generale Des Etablissements Michelin
What does the Tire Manufacturing industry in the United States include?
Passenger vehicle tires and Inner tubes are part of the Tire Manufacturing industry in the United States.
Which companies have the highest market share in the Tire Manufacturing industry in the United States?
The company holding the most market share in the Tire Manufacturing industry in the United States is The Goodyear Tire & Rubber Company.
How competitive is the Tire Manufacturing industry in the United States?
The level of competition is moderate and increasing in the Tire Manufacturing industry in the United States.
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