United States Tire Market 2021-2026: Size, Share, Growth, Industry Analysis & Trends
According to the latest report by IMARC Group, titled “ United States Tire Market Size : Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026, ” the market is expected to continue its stable growth in the forecast period (2021-2026). A tire refers to a pneumatically inflated, ring-shaped structure that encloses the rim of a wheel. It is made from natural or synthetic rubber, fabric, carbon black, silica, steel, wire, etc., and helps in transferring the vehicle's load onto the road by forming a soft contact. A tire serves as a cushion for the wheels of a moving vehicle by providing a gripping surface for traction. It also absorbs shocks, reduces the impact of vibrations, maintains the direction of travel, and withstands the tractive force between the vehicle and the surface of the road, thereby improving the vehicle's overall performance. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets,