NEW YORK, Sept. 19, 2022 /PRNewswire/ -- The "Tire Retreading Market in the US by - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the tire retreading market in the US between 2021 and 2026 is USD 422.19 mn. To get the exact CAGR and the Y-O-Y growth rate, Request a FREE PDF Sample Report
- Market Driver: The lower cost of tire retreading is driving the growth of the market. The cost-effectiveness of retreads is about 40% higher than new tires. This can help fleet operators achieve operational efficiency. The consumption of rubber in retreads is low, which reduces its cost and decreases the dependence of retreads on raw material price fluctuations. Moreover, multiple recycling of tires raises their lifecycle and reduces their cost. Thus, the low cost of tire retreading will drive market growth during the forecast period.
- Market Challenge: The availability of low-cost new tires is a challenge for the market. The demand for tires has increased in the last decade, though the supply has remained the same. This has led to a shortage of new tires in the market. In addition, imports from China have reduced the price of new tires further and bridged the price gap between new tires and retreads significantly. This gap is expected to reduce further in the coming years, which will compel retread players to optimize their operation and manufacturing to reduce the prices of retreads.
Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report
The tire retreading market in the US is segmented by product type (pre-cure and mold cure) and consumption pattern (domestic consumption and export). By product type, the pre-cure segment will be the largest contributor to market growth during the forecast period.
View our FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report.
The tire retreading market in the US is fragmented. Vendors are deploying organic and inorganic growth strategies to compete in the market. The market has many established players and is expected to grow at a high rate during the forecast period. Vendors are focusing on expanding their product portfolios by developing advanced technologies for their new products. The competition in the market is expected to be high owing to the presence of established vendors. Moreover, the threat of rivalry will be high in the tire retreading market in the US during the forecast period.
- Aviation Tires and Treads LLC
- Best One Tire and Service
- Blacks Tire and Auto Service
- Bob Sumerel Tire
- Boulevard Tire Center
- CraftTire Inc.
- Desser Holdings LLC
- Dorsey Tire
- Kilgore Tire Center
- Les Schwab Tire Centers
- McCarthy Tire
- McWhorters Tire Co
- New Pride Tire, Inc.
- Parrish Tire Co.
- Redburn Tire Co.
- Southern Tire Mart
- The Goodyear Tire and Rubber Co.
- Tredroc Tire Services
- WILKERSON CO INC.
- Ziegler Tire
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ATV UTV Tire Market by Application and Geography - Forecast and Analysis 2022-2026: The ATV UTV tire market share is expected to increase by 43.57 million units from 2021 to 2026.
Automotive Premium Tires Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The automotive premium tires market share is expected to increase by USD 33.72 billion from 2021 to 2026.
Tire Retreading Market in the US Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.12% |
Market growth 2022-2026 |
USD 422.19 million |
Market structure |
Fragmented |
YoY growth (%) |
1.58 |
Regional analysis |
US |
Performing market contribution |
US at 100% |
Key consumer countries |
US |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aviation Tires and Treads LLC, Best One Tire and Service, Blacks Tire and Auto Service, Bob Sumerel Tire, Boulevard Tire Center, CraftTire Inc., Desser Holdings LLC, Dorsey Tire, Kilgore Tire Center, Les Schwab Tire Centers, McCarthy Tire, McWhorters Tire Co, New Pride Tire, Inc., Parrish Tire Co., Redburn Tire Co., Southern Tire Mart, The Goodyear Tire and Rubber Co., Tredroc Tire Services, WILKERSON CO INC., and Ziegler Tire |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Product Type
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Consumption Pattern
- Exhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 07: Parent market
- Exhibit 08: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 09: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 10: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 11: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 12: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
- Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 15: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 21: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product Type
- 5.1 Market segments
- Exhibit 22: Chart on Product Type - Market share 2021-2026 (%)
- Exhibit 23: Data Table on Product Type - Market share 2021-2026 (%)
- 5.2 Comparison by Product Type
- Exhibit 24: Chart on Comparison by Product Type
- Exhibit 25: Data Table on Comparison by Product Type
- 5.3 Pre-cure - Market size and forecast 2021-2026
- Exhibit 26: Chart on Pre-cure - Market size and forecast 2021-2026 ($ million)
- Exhibit 27: Data Table on Pre-cure - Market size and forecast 2021-2026 ($ million)
- Exhibit 28: Chart on Pre-cure - Year-over-year growth 2021-2026 (%)
- Exhibit 29: Data Table on Pre-cure - Year-over-year growth 2021-2026 (%)
- 5.4 Mold cure - Market size and forecast 2021-2026
- Exhibit 30: Chart on Mold cure - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Data Table on Mold cure - Market size and forecast 2021-2026 ($ million)
- Exhibit 32: Chart on Mold cure - Year-over-year growth 2021-2026 (%)
- Exhibit 33: Data Table on Mold cure - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product Type
- Exhibit 34: Market opportunity by Product Type ($ million)
6 Market Segmentation by Consumption Pattern
- 6.1 Market segments
- Exhibit 35: Chart on Consumption Pattern - Market share 2021-2026 (%)
- Exhibit 36: Data Table on Consumption Pattern - Market share 2021-2026 (%)
- 6.2 Comparison by Consumption Pattern
- Exhibit 37: Chart on Comparison by Consumption Pattern
- Exhibit 38: Data Table on Comparison by Consumption Pattern
- 6.3 Domestic consumption - Market size and forecast 2021-2026
- Exhibit 39: Chart on Domestic consumption - Market size and forecast 2021-2026 ($ million)
- Exhibit 40: Data Table on Domestic consumption - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Chart on Domestic consumption - Year-over-year growth 2021-2026 (%)
- Exhibit 42: Data Table on Domestic consumption - Year-over-year growth 2021-2026 (%)
- 6.4 Export - Market size and forecast 2021-2026
- Exhibit 43: Chart on Export - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Data Table on Export - Market size and forecast 2021-2026 ($ million)
- Exhibit 45: Chart on Export - Year-over-year growth 2021-2026 (%)
- Exhibit 46: Data Table on Export - Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by Consumption Pattern
- Exhibit 47: Market opportunity by Consumption Pattern ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 49: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 50: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 51: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 52: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 53: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 54: Matrix on vendor position and classification
- 10.3 Aviation Tires and Treads LLC
- Exhibit 55: Aviation Tires and Treads LLC - Overview
- Exhibit 56: Aviation Tires and Treads LLC - Product / Service
- Exhibit 57: Aviation Tires and Treads LLC - Key offerings
- 10.4 Best One Tire and Service
- Exhibit 58: Best One Tire and Service - Overview
- Exhibit 59: Best One Tire and Service - Product / Service
- Exhibit 60: Best One Tire and Service - Key offerings
- 10.5 Desser Holdings LLC
- Exhibit 61: Desser Holdings LLC - Overview
- Exhibit 62: Desser Holdings LLC - Product / Service
- Exhibit 63: Desser Holdings LLC - Key offerings
- 10.6 Dorsey Tire
- Exhibit 64: Dorsey Tire - Overview
- Exhibit 65: Dorsey Tire - Product / Service
- Exhibit 66: Dorsey Tire - Key offerings
- 10.7 Les Schwab Tire Centers
- Exhibit 67: Les Schwab Tire Centers - Overview
- Exhibit 68: Les Schwab Tire Centers - Product / Service
- Exhibit 69: Les Schwab Tire Centers - Key offerings
- 10.8 McCarthy Tire
- Exhibit 70: McCarthy Tire - Overview
- Exhibit 71: McCarthy Tire - Product / Service
- Exhibit 72: McCarthy Tire - Key offerings
- 10.9 New Pride Tire, Inc.
- Exhibit 73: New Pride Tire, Inc. - Overview
- Exhibit 74: New Pride Tire, Inc. - Product / Service
- Exhibit 75: New Pride Tire, Inc. - Key offerings
- 10.10 Parrish Tire Co.
- Exhibit 76: Parrish Tire Co. - Overview
- Exhibit 77: Parrish Tire Co. - Product / Service
- Exhibit 78: Parrish Tire Co. - Key offerings
- 10.11 Redburn Tire Co.
- Exhibit 79: Redburn Tire Co. - Overview
- Exhibit 80: Redburn Tire Co. - Product / Service
- Exhibit 81: Redburn Tire Co. - Key offerings
- 10.12 The Goodyear Tire and Rubber Co.
- Exhibit 82: The Goodyear Tire and Rubber Co. - Overview
- Exhibit 83: The Goodyear Tire and Rubber Co. - Business segments
- Exhibit 84: The Goodyear Tire and Rubber Co. - Key news
- Exhibit 85: The Goodyear Tire and Rubber Co. - Key offerings
- Exhibit 86: The Goodyear Tire and Rubber Co. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 87: Inclusions checklist
- Exhibit 88: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 89: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 90: Research methodology
- Exhibit 91: Validation techniques employed for market sizing
- Exhibit 92: Information sources
- 11.5 List of abbreviations
- Exhibit 93: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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Website: www.technavio.com/
SOURCE Technavio
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