TIRE SHIPMENTS EXPECTED TO INCREASE IN USTMA 2021 JULY FORECAST, INDICATING CONTINUED REBOUND FOR U.S. TIRE MARKET
WASHINGTON, August 3, 2021—The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 336.1 million units in 2021, compared to 303.2 million units in 2020 and 332.7 million units in 2019.
Comparing with 2020, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to increase by 9.9%, 6.2%, and 25.3% respectively, with a total increase of 5.2 million units. Replacement shipments for passenger, light truck and truck tires are also projected to increase by 10.1%, 13.2%, and 14.6% respectively, with a total increase of
27.7 million units.
Note: All shipments in millions. Figures are rounded.
Detailed 2020 data can be found in the USTMA’s annual Factbook, which can be purchased from the Publications section www.ustires.org.
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The U.S. Tire Manufacturers Association is the national trade association for tire manufacturers that produce tires in the U.S. Our 13 member companies operate 57 tire-related manufacturing facilities in 17 states and generate more than $27 billion in annual sales. We directly support more than a quarter million U.S. jobs – totaling almost $20 billion in wages. USTMA advances a sustainable tire manufacturing industry through thought leadership and a commitment to science‐based public policy advocacy. Our member company tires make mobility possible. USTMA members are committed to continuous improvement of the performance of our products, worker and consumer safety and environmental stewardship. For more information, visit www.USTires.org and follow us on Twitter @USTires.