North America Tire Market Latest Trends [2023-2028] | Demand and Forecast Report by IMARC Group
IMARC Group, a leading market research company, has recently releases report titled “ North America Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. ” The study provides a detailed analysis of the industry, including the North America tire market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How Big is the North America Tire Market? The North America tire market size reached 385.5 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 455.0 Million Units by 2028, exhibiting a growth rate (CAGR) of 3% during 2023-2028. What is a Tire? A tire is a crucial automotive component designed to provide traction, support, and a cushioning effect between a vehicle and the road surface. It is typically made of rubber and other materials, including fabric and steel, which are layered and bonded together. Tires are engineered to w...