The us replacement tires industry outlook to 2016 sample report

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The present report offer detailed analysis on the US replacement tire industry with market size by value & volume, segmentation, regulations, competition and players profiling. Industry forecasting is …

The present report offer detailed analysis on the US replacement tire industry with market size by value & volume, segmentation, regulations, competition and players profiling. Industry forecasting is an important part of the report which may help industry players to make strategies accordingly.

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  • 1. 1© This is a licensed product of AM Mindpower Solutions and should not be copied
  • 2. TABLE OF CONTENTSList of FiguresList of Tables1. Global Replacement Tire Market2. The US Tire Industry Introduction3. The US Replacement Tire Industry Market Size 3.1. By Value, 2008-2011 3.2. By Volume, 2006-2011 3.3. By Shipments, 2006-20114. The Government Policies on the US Tire Industry5. The US Replacement Tire Industry Segmentation 5.1. By Passenger, Light Truck, Heavy Truck, Farm And OTR Tires Revenue, 2008-2011 5.2. By Passenger, Light Truck, Heavy Truck and Farm Tires Shipments, 2006-2011 5.3. By Distribution Channel 5.4. By Consumer and Commercial Tire Volume Sales, 2006-20116. The US Replacement Tire Industry Trends and Developments Rise in the Shipments of High Performance Tires Increasing Demand of Fuel Efficient Tires Rising Price of the Replacement tires Import Driven Market Introduction of Non-Pneumatic Tires7. The US Replacement Tire Market Share of Major Players, 2011 7.1. The US Replacement Passenger Tire Market Share of Major Players, 2011 7.2. The US Replacement Light Truck Tire Market Share of Major Players, 2011 7.3. The US Replacement Medium/Heavy Truck Tire Market Share of Major Players, 2011 2 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 3. 7.4. The US Replacement Farm Tire Market Share of Major Players, 2011 7.4.1. The US Replacement Rear Radial Farm Tire Market Share of Major Players, 2011 7.4.2. The US Replacement Rear Bias Farm Tire Market Share of Major Players, 2011 7.4.3. The US Replacement Small Farm Tire Market Share of Major Players, 20118. The US Replacement Tire Industry Future Outlook 8.1. Cause and Effect Relationship Between Dependent and Independent Factor Prevailing in the US Replacement Tire Industry 8.2. The US Replacement Tire Industry Future Projections, 2012-2016 8.2.1. Passenger, Light & Heavy Truck, Farm and OTR Tires Revenue By Value, 2012- 2016 8.2.2. Consumer and Commercial Tires Sales By Volume, 2012-2016 8.2.3. Passenger, Light & Heavy Truck and Farm Tires Shipments, 2012-20169. The US Retreaded Truck Tire Industry Introduction10. The US Retreaded Truck Tire Industry Market Size, 2006-2011 10.1. By Revenue, 2006-2011 10.2. By Volume, 2006-201111. Market Share of the Leading Player in the US Retreaded Truck Tire Industry, 201112. The US Retreaded Truck Tire Future Outlook 12.1. Cause and Effect Relationship Between Dependent and Independent Factor Prevailing in the US Retreaded Truck Tire Industry 12.2. The US Retreaded Truck Tire Industry Future Projections, 2012-2016 12.2.1. The US Retreaded Truck Tires Revenue, 2012-2016 12.2.2. The US Retreaded Truck Tires Sales in Volume, 2012-201613. Company Profile of Major Players in the US Tire Industry 13.1. Goodyear 13.1.1. Company Overview 13.1.2. Business Strategies 3 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 4. 13.1.3. Financial Performance 13.2. Michelin 13.2.1. Company Overview 13.2.2. Business Strategies 13.2.3. Financial Performance 13.3. Bridgestone 13.3.1. Company Overview 13.3.2. Business Strategies 13.3.3. Financial Performance 13.4. Continental Tires 13.4.1. Company Overview 13.4.2. Business Strategies 13.4.3. Financial Performance 13.5. Cooper Tire and Rubber Industry 13.5.1. Company Overview 13.5.2. Business Strategies 13.5.3. Financial Performance14. The US Macro Economic and Industry Factors: Current and Projections 14.1. The US Passenger and Commercial Vehicles Production, 2006-2016 14.2. The US Population and Median Household Income, 2006-2016 14.3. Diesel and Gasoline Retail Price, 2006-2016 14.4. Total Vehicle in Use and New Vehicle Registration, 2006-201615. Appendix 15.1. Market Definations 15.2. Abbreviations 15.3. Research Methodology 4 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 5. Data Collection Methods Approach Variables (Dependent and Independent) Multi Factor Based Sensitivity Model Final Conclusion15.4. Disclaimer 5 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 6. LIST OF FIGURESFigure 1: Global Replacement Tire Sales in Million Units, 2006-2011Figure 2: The US Replacement Tire Market by Value in USD Million, 2008-2011Figure 3: The US Replacement Tires Sales in Million Units, 2006-2011Figure 4: The US Replacement Tire Shipments in Million Units, 2006-2011Figure 5: The US Replacement Tire Industry Segmentation by Passenger, Light Truck, HeavyTruck, Farm and OTR Tires on the Basis of Revenue in Percentage, 2008-2011Figure 6: The US Replacement Tire Industry by Passenger, Light Truck, Heavy Truck and FarmTires in Percentage, 2006-2011Figure 7: The US Replacement Tire Industry Segmentation by Distribution Channel inPercentage, 2006-2011Figure 8: The US Replacement Tire Industry by Consumer and Commercial tires in Percentage,2006-2011Figure 9: The US Replacement Tire Market Share of Major Players on the Basis of the basis ofRevenue, in Percentage, 2011Figure 10: The US Replacement Passenger Tire Market Share of Major Players on the Basis ofShipments, in Percentage, 2011Figure 11: The US Replacement Light Truck Tire Market Share of Major Players on the Basis ofShipments, in Percentage, 2011Figure 12: The US Replacement Medium/Heavy Truck Tire Market Share of Major Players onthe Basis of Shipments, in Percentage, 2011Figure 13: The US Replacement Farm Tire Market Share of Major Players on the Basis ofShipments, in Percentage, 2011Figure 14: The US Replacement Rear Radial Farm Tire Market Share of Major Players on theBasis of Shipments, in Percentage, 2011Figure 15: The US Replacement Rear Bias Farm Tire Dealers Market Share, in Percentage, 2011Figure 16: The US Replacement Small Farm Tire Market Share of Major Players on the Basis ofShipments, in Percentage, 2011 6 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 7. Figure 17: The US Consumer and Commercial Tire Sales by Volume in Million Units, 2012-2016Figure 18: The US Retreaded Truck Tire Market by Value in USD Million, 2006-2011Figure 19: The US Retreaded Truck Tire Sales in Million Units and Average Price in USD,2006-2011Figure 20: The US Retreaded Truck Tire Market Share of Major Players on the Basis ofRevenue, in Percentage, 2011Figure 21: The US Retreaded Truck Tire Projections by Revenue in USD Million, 2012-2016Figure 22: The US Retreaded Truck Tire Projections by Volume in Million Units, 2012-2016Figure 23: Goodyear Replacement Tire Revenue in USD Million, 2006-2011Figure 24: Goodyear Replacement Tire Shipments in the US in Million Units, 2006-2011Figure 25: Michelin Replacement Tire Revenue in the North America in USD Million, 2006-2011Figure 26: Michelin Replacement Tire Shipments in the US in Million Units, 2006-2011Figure 27: Bridgestone Replacement Tire Revenue in the Americas region in USD Million,2006-2011Figure 28: Bridgestone Replacement Tire Shipments in the US in Million Units, 2006-2011Figure 29: Continental Replacement Tire Revenue in USD Million, 2006-2010Figure 30: Continental Replacement Tire Shipments in the US in Million Units, 2006-2011Figure 31: Cooper Replacement Tire Revenue in the North America in USD Million, 2006-2011Figure 32: Cooper Replacement Tire Shipments in the US in Million Units, 2006-2011Figure 33: The US Passenger and Commercial Vehicle Production in Million Units, 2006-2016Figure 34: The US Population in Million Units and Median Household Income in USD, 2006-2016Figure 35: Diesel and Gasoline Retail Price in USD per Gallon, 2006-2016Figure 36: Total Vehicle in Use and New Vehicle Registration in Million Units, 2006-2016 7 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 8. LIST OF TABLESTable 1: The US Replacement Tire Industry by Passenger, Light Truck, Heavy Truck, Farm andOTR Tires in USD Million, 2006-2011Table 2: The US Replacement Tire Industry by Passenger, Light Truck, Heavy Truck and FarmTires in Million Units, 2006-2011Table 3: The US Replacement Tire Industry Segmentation by Consumer and Commercial TiresSales in Million Units, 2006-2011Table 4: The US High Performance Tire Shipments by H-Rated, V-Rated, Z-Rated Tires in theUS in Million Units, 2006-2011Table 5: The US Replacement Tire Market Share of Major Players on the Basis of Revenue, inUSD Million, 2011Table 6: The US Replacement Passenger Tire Market Share of Major Players on the Basis ofShipments, in Million Units, 2011Table 7: The US Replacement Light Truck Tire Market Share of Major Players on the Basis ofShipments, in Million Units, 2011Table 8: The US Replacement Medium/Heavy Truck Tire Market Share of Major Players on theBasis of Shipments, in Million Units, 2011Table 9: The US Replacement Farm Tire Market Share of Major Players on the Basis ofShipments, in Thousand Units, 2011Table 10: The US Replacement Rear Radial Farm Tire Market Share on the Basis of Shipments,in Thousand Units, 2011Table 11: The US Replacement Rear Bias Farm Tire Dealers Market Share, in Thousand Units,2011Table 12: The US Replacement Small Farm Tire Market Share of Major Players on the Basis ofShipments, in Thousand Units, 2011Table 13: Cause and Effect Relationship Analysis between Industry Factors and ExpectedIndustry Prospects of the US Replacement Tire IndustryTable 14: The US Replacement Tire Projections by Revenue in USD Million, 2012-2016Table 15: The US Consumer and Commercial Tire Sales by Volume in Million Units, 2012-2016Table 16: The US Replacement Tire Projections by Shipments in Million Units, 2012-2016 8 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 9. Table 17: The US Retreaded Truck Tire Market Share of Major Players on the Basis of Sales, inMillion Units, 2011Table 18: Cause and Effect Relationship Analysis between Industry Factors and the USRetreaded Truck Tire Industry ProspectsTable 19: Goodyear Major Product Line and Recent Brands Editions, 2010-2011Table 20: Michelin Major Product Line and Recent Brands Editions, 2010-2011Table 21: Bridgestone Major Product Line and Recent Brands Editions, 2010-2011Table 22: Correlation MatrixTable 23: Regression Coefficients Output 9 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 10. GLOBAL REPLACEMENT TIRE MARKETThe replacement tire industry in the world has experienced a gamut of activities in the recentyears. The trajectory of growth of this industry has been consistent over the years other than a slowdown in the sales of tires on account of the global The global replacement tire market financial crisis in 2009….. has experienced a phenomenal growth from ~ million units in 2006 The global replacement tire market has experienced a to ~ million units in 2011 phenomenal growth from ~ million units in 2006 to ~ million units in 2011. The increase in the replacementtire sales is due to rising demand of the replacement tire in the global market.Figure: Global Replacement Tire Sales in Million Units, 2006-2011 1,200.0 35.0% 1,000.0 30.0% 25.0% 800.0 PercentageMillion Units 20.0% 600.0 15.0% 400.0 10.0% 200.0 5.0% 0.0 0.0% 2006 2007 2008 2009 2010 2011 Global Replacement Tires Sales The US Contribution 10 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 11. THE US REPLACEMENT TIRE INDUSTRY MARKET SIZEBY VALUE, 2008-2011The US replacement tire market has showed a steady growth from past four years from USD ~billion in 2008 to USD ~ billion in 2011. The replacement tires sales in the US market hasregistered a compound annual growth rate (CAGR) of 8.4% from 2008 to 2011.This growth has been influenced due the phenomenal increase in the price of the replacementtires even though the unit sales have increased marginally. The average price of replacement tireshas risen due to an increase in the cost of the labor and raw material….Figure: The US Replacement Tire Market by Value in USD Million, 2008-2011 45,000 40,000 35,000 30,000USD Million 25,000 20,000 15,000 10,000 5,000 - 2008 2009 2010 2011THE US REPLACEMENT TIRE INDUSTRYSEGMENTATION 11 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 12. BY PASSENGER, LIGHT TRUCK, HEAVY TRUCK, FARM AND OTRTIRES REVENUE, 2008-2011The US replacement tire industry generates a major share of the revenue from the passenger tiresegment of the market. The passenger tire segment contributed around ~% of the totalreplacement tire revenue in 2011.The passenger tire market share dipped to ~% in 2011 from ~%in 2010 due to the surging fuel price and the steady growth in the commercial replacement tiresegment. However, the sales of the replacement tire is smooth throughout the year and increased by ~% to USD ~ billion in 2011 due to an increase in The sales of the replacement the average price of replacement passenger tires by ~% passenger tire were smooth in 2011 in comparison to 2010. The average annual growth rate with the growth of ~% to USD ~ billion. The passenger tire segment of the US replacement tire from 2008-2011 was 8.4%. contributed around ~% of the total On the other hand, the contribution made by replacement tire revenue in 2011 replacement light truck and the heavy truck tire are ~% and ~% respectively in the total replacement tirerevenue in 2011…..The US replacement farm tire revenue has registered a flat growth over the last four years from2008-2011 largely due to negative market growth of ~% in 2009….Figure: The US Replacement Tire Industry Segmentation by Passenger, Light Truck,Heavy Truck, Farm and OTR Tires on the Basis of Revenue in Percentage, 2008-2011 100.0% 90.0% 80.0%Market Segmentation % 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 2008 2009 2010 2011 OTR Tires Farm Tires Heavy Truck Tires Light Truck Tires Passenger Tires 12 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 13. BY PASSENGER, LIGHT TRUCK, HEAVY TRUCK AND FARMTIRES SHIPMENTS, 2006-2011The replacement passenger tire shipments constituted approximately ~ of the total replacementtire shipment. The market share of the passenger tire segment in the total replacement tireshipments decreased to ~% in 2005 from ~% in 2010 due to the economic uncertainties in the USmarket. The sales of the replacement passenger tire accounted for ~ million units in 2011 which has increased by a small margin of ~% in comparison The replacement tire shipments have to 2010. witnessed a small margin growth in 2011 due to economic uncertainties. The proportion of the replacement light truck and It is expected to grow at a CAGR of heavy truck tire are very small in comparison to 1.5% in the next 5 years. replacement passenger tire and has decreased in thelast 5 years The market share of the light truck tire has dipped to ~% in 2011 from ~% in 2005while the market contribution of the heavy truck tire has decreased from ~% in 2005 to ~% in2011.The US farm tire shipments have registered a CAGR of 1.9% over the last 6 year from 2006-2011 and are expected to grow by ~% in next five years from 2011 to 2016….Table: The US Replacement Tire Industry by Passenger, Light Truck, Heavy Truck andFarm Tires in Million Units, 2006-2011Segments 2006 2007 2008 2009 2010 2011Passenger TiresLight Truck TiresHeavy Truck TiresFarm Tires Radial Rear Bias Rear Small farmBY DISTRIBUTION CHANNEL 13 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 14. The independent tire dealer dominates the retail tier market with ~% market share in 2011. Themarket share of the independent tire dealer in the retail tier market has surged by ~% in the last 6years. The independent tire dealers have been divided into 3 categories including independentretailers, wholesale tire dealers and the commercial tire dealers. The independent retailer accounted for ~ stores in the US retail tier market in The independent tire dealer 2011. Whereas, ~ and ~ warehouses and the dominates the retail tier market with ~% market share in 2011. The commercial tier dealers are present in the US retail independent retailer accounted for ~ tier market in 2011. The mass merchandisers stood stores in the US retail tier market in second in the list of the distribution channel with a 2011 market share of ~% in the retail tier market….The other channels present in the retail tier distribution market contributed a minor proportion incomparison to the top two channels. The channels such as warehouse club, tire owned companystore, auto dealer ship and other outlets constituted about ~% to the overall retail tier market inthe US. 14 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 15. Figure: The US Replacement Tire Industry Segmentation by Distribution Channel inPercentage, 2006-2011 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2006 2007 2008 2009 2010 2011 Miscellaneous Outlets Auto Dealerships Tire Company-Owned Stores Warehouse Clubs Mass Merchandisers Independent Tire DealersTHE US REPLACEMENT TIRE INDUSTRY TRENDS ANDDEVELOPMENTSRISE IN THE SHIPMENTS OF HIGH PERFORMANCE TIRES….Table: The US High Performance Tire Shipments by H-Rated, V-Rated, Z-Rated Tires inthe US in Million Units, 2006-2011Segments 2006 2007 2008 2009 2010 2011H-rated Tires 15 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 16. V-rated TiresZ-rated TiresTotal% growthTHE US REPLACEMENT TIRE MARKET SHARE OFMAJOR PLAYERS, 2011The US replacement tire industry has been dominated by 5 players with the contribution of morethan ~% in 2011. Goodyear being the leader with the revenue of USD ~ million and a marketshare of ~% in 2011. The company has developed an Ultra Grip in 2010 that used to provide aproper balancing and handling on the wet, snow icy and dry surface. Michelin is second in thelist with the market share of ~% and the revenue of USD ~ million in the US. Michelinintroduced Pilot Road 3 tires in 2011 for the motorcycles to enhance their radial tire product line…. Goodyear with revenue of USD ~ million in 2011 has dominated the Bridgestone holds the third position in the market with market in the US with the share of the share of ~% in 2011. The company has introduced a ~ Blizzak WS70 tires in the US market which are bestsuited for the winter conditions..… Continental tires contributed about ~% to the totalreplacement tire market share in 2011. Cooper is fifth in the list with the minor share of ~% in2011. On the other hand the other players contribute around ~% in the overall replacement tiremarket in the US.Figure: The US Replacement Tire Market Share of Major Players on the Basis of the basisof Revenue, in Percentage, 2011 16 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 17. 2011 Goodyear Michelin Bridgestone Continental Tires Cooper Tire & Rubber OthersTHE US REPLACEMENT PASSENGER TIRE MARKET SHARE OFMAJOR PLAYERS, 2011The US replacement passenger tire industry is a moderately fragmented industry with 5 leadingplayer contributing over ~% to the overall replacement tire shipments in 2011. The market isdominated by the Bridgestone with the market share of ~% and shipments of ~ million units in2011. The Bridgestone Americas tire Operation has introduced an eco-friendly Ecopia EP422replacement tires in 2011 with the motive of reducing the CO2 emission in the environment….Goodyear is second in the list with the market share of ~% with the shipments of ~ million unitsin 2011. Goodyear has launched a special comfort passenger tiers that used to provide an averageof ~% more cushion than the other passenger tires. They have also introduced ice zone tireswhich posses an interlocking tread pattern which are used to provide a better grip on the icy roads. Michelin follows Goodyear with the third Bridgestone is the leader in the US position in the market and command a market share of replacement passenger tire market ~% for the shipments of ~ million units in 2011…. with the market share of ~% and shipments of ~ million units in 2011 The Cooper is at the fourth position with the market 17 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 18. share of ~% and shipment of ~ million units in 2011 followed by Hankook having contributionof ~% and shipments of ` million units in 2011….Table: The US Replacement Passenger Tire Market Share of Major Players on the Basis ofShipments, in Million Units, 2011Major Players 2011BridgestoneGoodyearMichelinCooper TiresHankookOthersTHE US REPLACEMENT FARM TIRE MARKET SHARE OF MAJORPLAYERS, 2011The replacement farm tire market of the US has been led by Goodyear with ~% market share andshipment of ~ thousand units in 2011. Goodyear has launched Wrangler Dura Trac tires withTractivegroove Technology which is suitable for deep mud and snow. Bridgestone is second inthe list with the market share of ~%. Balkrishna Industries Limited (BKT) lied at the thirdposition with the market share of ~% in 2011. Alliance and the Trelleborg are at the fourth andfifth position with the market share of ~% and ~% respectively followed by Michelin with ~% in2011. The other players in this segment contributed ~% to the total replacement farm tireindustry in 2011. 18 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 19. Figure 1: The US Replacement Farm Tire Market Share of Major Players on the Basis ofShipments, in Percentage, 2011 Goodyear Bridgestone BKT Alliance Trelleborg Michelin Others THE US REPLACEMENT REAR RADIAL FARM TIRE MARKET SHARE OF MAJOR PLAYERS, 2011The US replacement rear radial farm tire is the segment of the replacement farm tires and the subsegment of replacement tires. The replacement rear radial farm tire is a concentrated market withGoodyear being the leader by ~% market share followed by Bridgestone with market share of~% in 2011. Balkrishna Industries Limited (BKT) is at that the third position with the marketshare of ~% in 2011. Michelin stand at the fourth position with the contribution of ~% in the rearradial farm tire segment in 2011. The players such as Alliance and Trelleborg have a minor sharein the total replacement rear radial farm tire segments. The other players contributed around ~%to the total rear radial farm tire segment in 2011.Table: The US Replacement Rear Radial Farm Tire Market Share on the Basis ofShipments, in Thousand Units, 2011Dealers 2011Goodyear 19 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 20. BridgestoneBKTMichelinAllianceTrelleborgOthersTHE US REPLACEMENT TIRE INDUSTRY FUTUREOUTLOOKOverall, the market of the replacement tire is expected to grow at a CAGR of 10.2% from 2011-2016. The market in the future is expected to witness less consolidation amongst the majorplayers as companies will focus more on maintaining simple structure and less leverage on theirhead while simultaneously increase their market share by introducing new improved andinnovative tires in the market.CAUSE AND EFFECT RELATIONSHIP BETWEEN DEPENDENT ANDINDEPENDENT FACTOR PREVAILING IN THE US REPLACEMENTTIRE INDUSTRYTable: Cause and Effect Relationship Analysis between Industry Factors and ExpectedIndustry Prospects of the US Replacement Tire IndustryIndustry Factors Market Impact CommentsIncreasing  Cause:Consumer  Effects:Spending 20 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 21. Mounting fuel and  Cause:Crude oil prices  Effect:Improvement and  Cause:Innovation in  Effect:technology toreduce rollingresistanceIncrease in the  Cause:import duties  Positive Effect:  Negative Effect:Intensifying  Cause:Competition  Positive Effect:  Negative Effect: 21 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 22. THE US RETREADED TRUCK TIRE INDUSTRY MARKETSIZE, 2006-2011BY REVENUE, 2006-2011The US retreaded truck tire market has witnessed a steady growth in the past three years prior torecession from USD ~ million in 2006 to USD ~ million in 2008. The growth has beeninfluenced by the price of the retreaded tires which costs less in comparison to the new tires. The market suffered a setback during the economic The US retreaded truck tire market has recession in 2009 due to a decline observed in the witnessed a steady growth in the past three years prior to recession from new purchase of tires. The retreaded truck tire USD ~ million in 2006 to USD ~ million revenue fell down by ~% to USD ~ million in 2009. in 2008. However the market performance has improved by approximately ~% in 2011 to USD ~ million incomparison to 2010.The US retreaded truck tire industry is a fastest growing market and is expected to grow in thenext five years at a CAGR of 11.8%.Figure: The US Retreaded Truck Tire Market by Value in USD Million, 2006-2011 22 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 23. 4,000.0 3,500.0 3,000.0 2,500.0USD Million 2,000.0 1,500.0 1,000.0 500.0 - 2006 2007 2008 2009 2010 2011MARKET SHARE OF THE LEADING PLAYER IN THE USRETREADED TRUCK TIRE INDUSTRY, 2011The US retreaded truck tire industry is a concentrated market with 4 leading players contributedaround ~% to the total industry sales in 2011. The market is dominated by Bridgestone (Bandag)with ~% of the market share and sales of ~ million units in 2011. Goodyear is the second largestplayer in the industry with market share of ~% in 2011 with the sales of ~ million units. Michelinlied at the third position with the market share of ~% in 2011. Marangoni still has the long wayto cover in the retreaded truck tire market with marginal share of ~% in 2011. Other playersconstitute remaining ~% of the total retread tire market.Figure: The US Retreaded Truck Tire Market Share of Major Players on the Basis ofRevenue, in Percentage, 2011 23 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 24. Bridgestone (Bandang) Goodyear Michelin Marangoni OthersTHE US RETREADED TRUCK TIRE FUTURE OUTLOOK…...Overall, the total market of the retreaded truck tires is expected to grow at a CAGR of 11.8% inthe next five years and will reach USD ~ million by 2016 as government initiative and carboncredit requirement will propel the consumers to switch to retread. The already available USfederal government’s mandate for the use of retread on certain federal fleet vehicles, and othermajor fleets such as the US Postal Service, Fed Ex and UPS will further encourage others toswitch to retread tires. 24 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 25. CAUSE AND EFFECT RELATIONSHIP BETWEEN DEPENDENT ANDINDEPENDENT FACTOR PREVAILING IN THE US RETREADED TRUCKTIRE INDUSTRYTable: Cause and Effect Relationship Analysis between Industry Factors and the USRetreaded Truck Tire Industry ProspectsIndustry Factors Market Impact CommentsGovernment  Cause:Initiative and  Effects:Awarenessregarding carbonemissionImproving  Cause:Technology and  Effect:Quality of RetreadDemand and  Cause: :Supply Gap in the  EffectsUS ReplacementTiresFor more information, please contact:Info@ammindpower.comORhttp://ammindpower.com/report.php?A=257 25 © This is a licensed product of AM Mindpower Solutions and should not be copied
  • 26. DISCLAIMERNo part of this manual or any material appearing may be reproduced, stored in or transmittedon any other Web site without written permission of AM Mindpower Solutions and any paymentsof a specified fee. Requests to republish any material may be sent to us. 26 © This is a licensed product of AM Mindpower Solutions and should not be copied