U.S. Tire shipments forecast to increase to 325.2 million units
Washington D.C - The U.S. Tire Manufacturers Association (USTMA) projects 2018 U.S. tire shipments will increase to 325.2 million units compared to 316.7 million units in 2017.
USTMA is the national trade association for tire manufacturers in the U.S. Original equipment (OE) passenger tire shipments are expected to increase by 1 million units, and passenger replacement tire shipments are projected to increase by 5.2 million units compared to 2017.
Original equipment light truck tire shipments are expected to decrease, while increases are projected for replacement light truck tires and original equipment and replacement truck tire shipments.
Source: Rubber World Magazine