According to the prediction of the American Rubber Manufacturers Association (RMA), the double-digit growth of original tires and replacement tires in 2014 will increase sales of tires in the United States to 310 million, which is 4.7% higher than in 2013.
RMA expects that the sales volume of US passenger car original tires in 2014 could reach 47.5 million, an increase of 8.9% from 2013, and with the growth of new car sales, 2015 will continue to grow to 48.7 million; replacement tire sales are expected to reach 2.05 Billions, an increase of 3.1% over 2013;
The original size of light trucks will increase by 6.8% to 4.7 million in 2014, and will continue to grow by 2.1% in 2015 to 4.8 million; replacement tire sales are expected to reach 29.6 million, an increase of 4.2% year-on-year;
The sales volume of original truck tires is expected to reach 5.4 million, an increase of 12.5% ​​from the 4.8 million in 2013; replacement tire sales are expected to increase by 10.8% to 1.74 million.
In addition, RMA expects that the stagnation of the replacement tire market will offset the growth in the original tire market. In 2015, the US tire market will grow at a slower pace in 2014 and is expected to increase by only 600,000.
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