• OUR DATA
  • BUY REPORTS & LISTS
  • OUR BLOG
 
 

Tire Manufacturing Report Summary

SIC Codes: 3011
NAICS Codes: 326211

Chapters Include

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms
 

Tire Manufacturing Industry Overview

Excerpt from Tire Manufacturing Report

Companies in this industry manufacture tires and inner tubes for a variety of vehicles. Major companies include Goodyear and Cooper (US), Michelin (France), Bridgestone Corporation and Sumitomo Rubber Industries (Japan), Continental AG (Germany), Pirelli (Italy), and Hankook (South Korea).

Competitive Landscape

Demand is driven by sales of new vehicles and the need for replacement tires. Because tires are largely a commodity, profitability depends on cost-efficient operations. Large companies can afford the research to develop tires from new, technologically advanced materials and can invest in improving production efficiency. Small companies can compete by producing tires or tire-related products for niche markets, such as bicycles or farm equipment. The US industry is highly concentrated: the top four companies generate more than 70 percent of revenue.

Products, Operations & Technology

Major products are tires for passenger cars (about 45 percent of industry revenue); trucks and buses (30 percent); and tractor, farm and industrial vehicles (5 percent). Companies also make inner tubes and materials for tire repair and retreading, primarily from synthetic and natural rubber.

Buy Now