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PUBLISHER: KBV Research | PRODUCT CODE: 1457282

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PUBLISHER: KBV Research | PRODUCT CODE: 1457282

North America Racing Tires Market Size, Share & Trends Analysis Report By Tire Type, By Application, By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

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The North America Racing Tires Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030).

The US market dominated the North America Racing Tires Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,461.4 Thousands by 2030. The Canada market is experiencing a CAGR of 7.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.6% during (2023 - 2030).

As industries emphasize sustainability more, the racing tires market is undergoing a paradigm transition toward environmentally conscious products. Manufacturers are exploring the integration of sustainable materials and manufacturing processes to align with environmental initiatives.

Moreover, the heart of racing tire innovation lies in material science, where advancements drive unprecedented performance and safety levels. From developing novel compounds to integrating advanced nanomaterials, racing tire manufacturers are pushing the boundaries of what is possible, aiming for optimal grip, heat resistance, and durability under extreme racing conditions.

Some notable racing series and events in Canada include the NASCAR Pinty's Series, the Canadian Touring Car Championship (CTCC), and various local and regional racing competitions. As per the Government of Canada, in 2021, the governments of Canada and Quebec finalized an agreement with the Formula One World Championship (FOWC) to ensure the return of the Formula 1 Grand Prix du Canada and its extension into 2031, two years beyond the current agreement.

Based on Tire Type, the market is segmented into Racing Slick Tires, and Racing Treaded Tires. Based on Application, the market is segmented into Auto Racing Tires, and Motorcycle Racing Tires. Based on Distribution Channel, the market is segmented into Replacement Tires, and OEMs. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Bridgestone Corporation
  • Continental AG
  • Michelin
  • Hankook Tire & Technology
  • Pirelli & C. S.p.A.
  • The Goodyear Tire & Rubber Company
  • The Yokohama Rubber Co., Ltd.
  • Zhongce Rubber Group Co., Limited
  • Nexen Tire
  • Maxxis International USA (Cheng Shin Rubber Industry Co.)

North America Racing Tires Market Report Segmentation

By Tire Type

  • Racing Slick Tires
  • Racing Treaded Tires

By Application

  • Auto Racing Tires
  • Motorcycle Racing Tires

By Distribution Channel

  • Replacement Tires
  • OEMs

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1North America Racing Tires Market, by Tire Type
    • 1.4.2North America Racing Tires Market, by Application
    • 1.4.3North America Racing Tires Market, by Distribution Channel
    • 1.4.4North America Racing Tires Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges
  • 3.3Porter Five Forces Analysis

Chapter 4.Strategies Deployed in Racing Tires Market

Chapter 5.North America Racing Tires Market, By Tire Type

  • 5.1North America Racing Slick Tires Market, By Country
  • 5.2North America Racing Treaded Tires Market, By Country

Chapter 6.North America Racing Tires Market, By Application

  • 6.1North America Auto Racing Tires Market, By Country
  • 6.2North America Motorcycle Racing Tires Market, By Country

Chapter 7.North America Racing Tires Market, By Distribution Channel

  • 7.1North America Replacement Tires Market, By Country
  • 7.2North America OEMs Market, By Country

Chapter 8.North America Racing Tires Market, By Country

  • 8.1US Racing Tires Market
    • 8.1.1US Racing Tires Market, By Tire Type
    • 8.1.2US Racing Tires Market, By Application
    • 8.1.3US Racing Tires Market, By Distribution Channel
  • 8.2Canada Racing Tires Market
    • 8.2.1Canada Racing Tires Market, By Tire Type
    • 8.2.2Canada Racing Tires Market, By Application
    • 8.2.3Canada Racing Tires Market, By Distribution Channel
  • 8.3Mexico Racing Tires Market
    • 8.3.1Mexico Racing Tires Market, By Tire Type
    • 8.3.2Mexico Racing Tires Market, By Application
    • 8.3.3Mexico Racing Tires Market, By Distribution Channel
  • 8.4Rest of North America Racing Tires Market
    • 8.4.1Rest of North America Racing Tires Market, By Tire Type
    • 8.4.2Rest of North America Racing Tires Market, By Application
    • 8.4.3Rest of North America Racing Tires Market, By Distribution Channel

Chapter 9.Company Profiles

  • 9.1Bridgestone Corporation
    • 9.1.1Company Overview
    • 9.1.2Financial Analysis
    • 9.1.3Segmental Analysis
    • 9.1.4Recent strategies and developments:
      • 9.1.4.1Product Launches and Product Expansions:
    • 9.1.5SWOT Analysis
  • 9.2Continental AG
    • 9.2.1Company Overview
    • 9.2.2Financial Analysis
    • 9.2.3Segmental and Regional Analysis
    • 9.2.4Research & Development Expense
    • 9.2.5Recent strategies and developments:
      • 9.2.5.1Partnerships, Collaborations, and Agreements:
      • 9.2.5.2Product Launches and Product Expansions:
    • 9.2.6SWOT Analysis
  • 9.3Michelin
    • 9.3.1Company Overview
    • 9.3.2Financial Analysis
    • 9.3.3Segmental and Regional Analysis
    • 9.3.4SWOT Analysis
  • 9.4Hankook Tire & Technology
    • 9.4.1Company Overview
    • 9.4.2Financial Analysis
    • 9.4.3Regional Analysis
    • 9.4.4Recent strategies and developments:
      • 9.4.4.1Partnerships, Collaborations, and Agreements:
      • 9.4.4.2Acquisition and Mergers:
    • 9.4.5SWOT Analysis
  • 9.5Pirelli & C. S.p.A.
    • 9.5.1Company Overview
    • 9.5.2Financial Analysis
    • 9.5.3Regional Analysis
    • 9.5.4Research & Development Expenses
    • 9.5.5Recent strategies and developments:
      • 9.5.5.1Partnerships, Collaborations, and Agreements:
      • 9.5.5.2Product Launches and Product Expansions:
    • 9.5.6SWOT Analysis
  • 9.6The Goodyear Tire & Rubber Company
    • 9.6.1Company Overview
    • 9.6.2Financial Analysis
    • 9.6.3Segmental and Regional Analysis
    • 9.6.4Research & Development Expenses
    • 9.6.5Recent strategies and developments:
      • 9.6.5.1Partnerships, Collaborations, and Agreements:
    • 9.6.6SWOT Analysis
  • 9.7The Yokohama Rubber Co., Ltd.
    • 9.7.1Company Overview
    • 9.7.2Financial Analysis
    • 9.7.3Segmental Analysis
    • 9.7.4Recent strategies and developments:
      • 9.7.4.1Partnerships, Collaborations, and Agreements:
    • 9.7.5SWOT Analysis
  • 9.8Zhongce Rubber Group Co., Limited
    • 9.8.1Company Overview
    • 9.8.2SWOT Analysis
  • 9.9Nexen Tire
    • 9.9.1Company Overview
    • 9.9.2Financial Analysis
    • 9.9.3SWOT Analysis
  • 9.10.Maxxis International-USA (Cheng Shin Rubber Industry Co.)
    • 9.10.1Company Overview
    • 9.10.2SWOT Analysis

LIST OF TABLES

  • TABLE 1North America Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 2North America Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 3North America Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 4North America Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 5North America Racing Slick Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 6North America Racing Slick Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 7North America Racing Treaded Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 8North America Racing Treaded Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 9North America Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 10North America Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 11North America Auto Racing Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 12North America Auto Racing Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 13North America Motorcycle Racing Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 14North America Motorcycle Racing Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 15North America Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 16North America Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 17North America Replacement Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 18North America Replacement Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 19North America OEMs Market, By Country, 2019 - 2022, USD Million
  • TABLE 20North America OEMs Market, By Country, 2023 - 2030, USD Million
  • TABLE 21North America Racing Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 22North America Racing Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 23US Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 24US Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 25US Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 26US Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 27US Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 28US Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 29US Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 30US Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 31Canada Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 32Canada Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 33Canada Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 34Canada Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 35Canada Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 36Canada Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 37Canada Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 38Canada Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 39Mexico Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 40Mexico Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 41Mexico Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 42Mexico Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 43Mexico Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 44Mexico Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 45Mexico Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 46Mexico Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 47Rest of North America Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 48Rest of North America Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 49Rest of North America Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 50Rest of North America Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 51Rest of North America Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 52Rest of North America Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 53Rest of North America Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 54Rest of North America Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 55Key Information - Bridgestone Corporation
  • TABLE 56Key Information - Continental AG
  • TABLE 57Key Information - Michelin
  • TABLE 58Key Information - Hankook Tire & Technology
  • TABLE 59Key Information - Pirelli & C. S.p.A.
  • TABLE 60Key Information - The Goodyear Tire & Rubber Company
  • TABLE 61Key Information - The Yokohama Rubber Co., Ltd.
  • TABLE 62Key Information - Zhongce Rubber Group Co., Limited
  • TABLE 63Key Information - Nexen Tire
  • TABLE 64Key Information - Maxxis International-USA
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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