United States Passenger Car Tyres Market Boosted by EV Adoption, Safety Standards & Advanced Tire Technologies | Key Companies: Michelin, Apollo Tyres Ltd, Balkrishna Industries Limited, The Yokohama Rubber Company, Limited

The new report on the USA Passenger Car Tyres Market, published by DataM Intelligence provides a detailed analysis of market size, share, trends, and growth opportunities from 2024 to 2031. With comprehensive insights into industry dynamics, competitive landscape, and regional developments, this study helps businesses, investors, and stakeholders navigate the fast-evolving market landscape.

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Passenger car tyres are essential components designed for safety, efficiency, and performance in automobiles. The U.S. passenger car tyre market was valued at USD 46.7 billion in 2024 and is forecasted to hit USD 59.2 billion by 2031, at a CAGR of 3.4%. Growth is supported by the expanding EV sector and consumer demand for fuel-efficient, durable tyres. Recently, Goodyear and Michelin announced investments in sustainable tyre production, including recycled and bio-based raw materials in U.S. facilities.

United States: Recent Industry Developments

✅ In July 2025, Goodyear introduced a new line of sustainable passenger car tyres using soybean oil and silica-based compounds. The innovation improves fuel efficiency and wet grip. It aligns with the U.S. automotive industry's shift toward eco-friendly materials.

✅ In June 2025, Michelin announced a $300 million investment to expand its passenger car tyre manufacturing facility in South Carolina. The upgrade integrates smart production systems. It boosts capacity to meet rising EV tyre demand.

✅ In May 2025, Bridgestone partnered with Tesla to co-develop high-performance tyres optimized for electric passenger cars. The collaboration enhances battery efficiency and driving range. It positions Bridgestone as a leader in EV-focused tyre solutions.

USA Passenger Car Tyres Market Key Companies:

The report profiles leading players shaping the USA Passenger Car Tyres Market, including:

Michelin, Apollo Tyres Ltd, Balkrishna Industries Limited, The Yokohama Rubber Company, Limited, Xuzhou Armour Rubber Company Ltd,Titan International, Bridgestone Corporation, HANKOOK TIRE & TECHNOLOGY CO., LTD., Nokian Tyres plc, Pirelli & C. S.p. A., The Goodyear Tyre & Rubber Company, Camso, Continental Group

These companies are adopting strategies such as product launches, mergers & acquisitions, and partnerships to expand their market footprint.

Growth Driver:

The U.S. passenger car tyres market is expanding due to growing vehicle ownership, rising demand for premium and fuel-efficient tyres, and increasing EV adoption. Growth is further supported by smart tyre technologies and sustainable manufacturing. Recent developments include Michelin and Goodyear introducing EV-optimized tyres in the U.S. and Bridgestone expanding its Tennessee plant for advanced tyre production.

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Comprehensive Market Segmentation:

The USA Passenger Car Tyres Market has been segmented to provide a clear understanding of its structure and dynamics. The report categorizes the market by product type, application, end-user industry, and region, offering detailed insights into each segment's growth potential. This segmentation helps stakeholders identify key opportunities, evaluate demand patterns, and develop targeted strategies to strengthen their market position.

By Construction (Bias Tyres, Radial Tyres), By Application (Luxury Passenger Cars, Standard Passenger Cars, Hatchback, Sedan, XUV, TUV, SUV, Crossover, Others), By Material (Natural Rubber, Synthetic Rubber, Others), By End User (Original Equipment Tyres, Replacement/Aftermarket)

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FAQ
✅ What is the current market size and forecast for passenger car tyres in the USA?
✅ Which tyre categories (all-season, performance, winter) are most popular?
✅ Who are the leading tyre manufacturers in the US market?

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