10 Mar 2025
Tire industry body forecasts continued strong growth within US tire market led by OE sales
Washington – In its latest market forecast, the US Tire Manufacturers Association (USTMA) has projected total US tire shipments to reach 340.4 million units in 2025.
The February 2025 forecast compares to a record 337.3 million units in 2024, and 332.7 million units in 2019, USTMA noted in a 6 March release.
Compared with 2024, OE shipments for passenger, light truck and truck tires are expected to change by 1.6%, 1.2%, and 2.7% respectively, with a total increase of 0.9 million units.
Replacement passenger, light truck and truck tire shipments are also projected to change by 0.8%, 1.0%, and 0.8% respectively, with a total increase of 2.2 million units.
|
|
2025? |
|
% |
Units |
|
% |
Units |
|
|
Forecast |
2024 |
vs ‘24 |
vs ‘24 |
2019 |
vs ‘19 |
vs ‘19 |
|
Original Equipment |
|
||||||
|
Passenger |
43.8 |
43.1 |
1.6% |
0.7 |
46.3 |
-5.2% |
-2.4 |
|
Light Truck |
6.8 |
6.7 |
1.2% |
0.1 |
5.9 |
16.0% |
0.9 |
|
Truck |
5.8 |
5.7 |
2.7% |
0.2 |
6.5 |
-10.6% |
-0.7 |
|
Replacement |
? |
|
? |
? |
|
|
|
|
Passenger |
223.3 |
221.6 |
0.8% |
1.7 |
222.6 |
0.3% |
0.7 |
|
Light Truck |
37.1 |
36.7 |
1.0% |
0.4 |
32.5 |
14.0% |
4.6 |
|
Truck |
23.6 |
23.4 |
0.8% |
0.2 |
18.9 |
24.6% |
4.7 |
|
? |
? |
? |
? |
? |
|
|
|
|
Total |
340.4 |
337.3 |
0.9% |
3.2 |
332.7 |
2.3% |
7.7 |
USTMA prepares an annual factbook and the 2025 Factbook will cover activities during 2024 using actual and estimated 2024 tire shipment data supplied by manufacturers representing about 78% of the US tire industry. Tire data are presented for various categories of products, including passenger, light truck, and truck and bus tires.
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