Tire Manufacturing Industry · Market Research Report

Tire Manufacturing · Market Size and Industry Forecast

Pell Research's tire manufacturing report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government data.

Industry Revenue ($ Billions)

Tire Manufacturing Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The tire manufacturing research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Tire Manufacturing · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for tire manufacturing companies in the U.S.

Tire Manufacturing Revenue by State

Market Share by State

Tire Manufacturing · Distribution by Company Size

Company Size All Industries Tire Manufacturing
Small Business (< 5 employees)

Included

Small Business (5-20)
Midsized Business (20-100)
Large Business (100-500)
Enterprise (> 500)

Tire Manufacturing · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Tire Manufacturing · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Tire Manufacturing · Product Mix

Product Description Description Revenue
($ Millions)

Tire manufacturing, except retreading

Included

Passenger car pneumatic tires (casings)

Passenger car pneum. tires/casing intended Orig. Equip. Mfg. sale

Passenger car pneum. tires/casing intended for aftermarket sales

Truck and bus (including off-the-highway pneumatic tires)

Truck and bus (including off-the-highway) pneumatic tires

Truck/bus incl. off-highway pneum. tires for Orig. Equip Mfg sale

Truck/bus incl. off-highway pneum. tires for aftermarket sale

Tractor and implement (farm and industrial) pneumatic tires

Industrial and utility pneumatic tires (including garden)


Tire Manufacturing · Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 4%

Included

Chief Executives 0%
General and Operations Managers 1%
Office and Administrative Support Occupations 7%
Installation, Maintenance, and Repair Occupations 8%
Other Installation, Maintenance, and Repair Occupations 5%
Production Occupations 66%
Assemblers and Fabricators 7%
Miscellaneous Assemblers and Fabricators 7%
Assemblers and Fabricators, All Other, Including Team Assemblers 7%
Metal Workers and Plastic Workers 9%
Other Production Occupations 45%
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders 12%
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders 12%
Miscellaneous Production Workers 20%
Tire Builders 15%

Tire Manufacturing · Government Contracts

In 2008, the federal government spent a total of $43,193,153 on the tire manufacturing industry. It has awarded 3,533 contracts to 77 companies, with an average value of $560,950 per company.

Tire Manufacturing and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)

Included





Tire Manufacturing Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $999.99

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