North America Racing Tires Market Size, Share & Industry Analysis Report By Tire Type (Racing Slick Tires and Racing Treaded Tires), By Application, By Distribution Channel, By Country and Growth Forecast, 2025 - 2032

PUBLISHED: May 20, 2025

PAGES: 104 Pages

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The North America Racing Tires Market would witness market growth of 5.7% CAGR during the forecast period (2025-2032).

The US market dominated the North America Racing Tires Market, By Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $3,814.9 Million by 2032. The Canada market is experiencing a CAGR of 7.6% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 6.9% during (2025 - 2032).

The racing tire market has witnessed substantial growth in recent years, driven by increasing interest in motorsports and innovations in tire technology. Racing tires are designed specifically to withstand the extreme conditions of high-speed racing events, providing optimal traction, durability, and performance. Key players in the industry have continuously focused on enhancing the tire's design and material to meet the specific demands of various racing categories such as Formula 1, NASCAR, MotoGP, and rally events.

The global nature of motorsports has also expanded the market, with racing tire manufacturers constantly striving to improve performance while adhering to the safety standards set by governing bodies like the FIA and the FIM. The growth of the market can be attributed to technological advancements in tire composition and design. Manufacturers are increasingly utilizing cutting-edge materials like synthetic rubbers and compounds that provide superior grip on race tracks, contributing to better lap times and performance.

The market in North America is witnessing robust growth, driven by the region's deep-rooted motorsport culture, expanding amateur racing scene, and rising demand for high-performance automotive components. NASCAR (National Association for Stock Car Auto Racing) is one of the most popular and widely followed forms of car racing in the United States. It involves stock car racing, with events like the Daytona 500 drawing significant attention. Moreover, over the years, numerous motorsports events have garnered the interest of enthusiasts and fans in Canada, where car racing activities have experienced substantial expansion and popularity. 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. A growing number of amateur track events, performance car ownership, and iconic circuits like the Canadian Tire Motorsport Park drive demand for high-performance racing tires in Canada. Hence, the rising car racing events in North America will assist in the growth of the regional racing tires market.

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

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

Chapter 1. Market Scope & Methodology

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

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

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

Chapter 4. Strategies Deployed in Racing Tires Market

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

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

Chapter 6. North America Racing Tires Market, By Application

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

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

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

Chapter 8. North America Racing Tires Market, By Country

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

Chapter 9. Company Profiles

9.1 Bridgestone Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental Analysis
- 9.1.4 Recent strategies and developments:
  - 9.1.4.1 Product Launches and Product Expansions:
- 9.1.5 SWOT Analysis
9.2 Maxxis International-USA (Cheng Shin Rubber Industry Co.)
- 9.2.1 Company Overview
- 9.2.2 Recent strategies and developments:
  - 9.2.2.1 Partnerships, Collaborations, and Agreements:
- 9.2.3 SWOT Analysis
9.3 Nexen Tire
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 SWOT Analysis
9.4 Zhongce Rubber Group Co., Limited
- 9.4.1 Company Overview
- 9.4.2 SWOT Analysis
9.5 The Yokohama Rubber Co., Ltd.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
  - 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.6 SWOT Analysis
9.6 The Goodyear Tire & Rubber Company
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional Analysis
- 9.6.4 Recent strategies and developments:
  - 9.6.4.1 Product Launches and Product Expansions:
- 9.6.5 SWOT Analysis
9.7 Hankook Tire & Technology
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional Analysis
- 9.7.4 Recent strategies and developments:
  - 9.7.4.1 Product Launches and Product Expansions:
- 9.7.5 SWOT Analysis
9.8 Michelin
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental Analysis
- 9.8.4 Recent strategies and developments:
  - 9.8.4.1 Partnerships, Collaborations, and Agreements:
  - 9.8.4.2 Product Launches and Product Expansions:
- 9.8.5 SWOT Analysis
9.9 Pirelli & C. S.p.A.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional Analysis
- 9.9.4 Recent strategies and developments:
  - 9.9.4.1 Product Launches and Product Expansions:
- 9.9.5 SWOT Analysis
9.10. Continental AG
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 Recent strategies and developments:
  - 9.10.5.1 Product Launches and Product Expansions:
- 9.10.6 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Racing Tires Market, 2021 - 2024, USD Million
TABLE 2 North America Racing Tires Market, 2025 - 2032, USD Million
TABLE 3 North America Racing Tires Market, By Tire Type, 2021 - 2024, USD Million
TABLE 4 North America Racing Tires Market, By Tire Type, 2025 - 2032, USD Million
TABLE 5 North America Racing Slick Tires Market, By Country, 2021 - 2024, USD Million
TABLE 6 North America Racing Slick Tires Market, By Country, 2025 - 2032, USD Million
TABLE 7 North America Racing Treaded Tires Market, By Country, 2021 - 2024, USD Million
TABLE 8 North America Racing Treaded Tires Market, By Country, 2025 - 2032, USD Million
TABLE 9 North America Racing Tires Market, By Application, 2021 - 2024, USD Million
TABLE 10 North America Racing Tires Market, By Application, 2025 - 2032, USD Million
TABLE 11 North America Auto Racing Tires Market, By Country, 2021 - 2024, USD Million
TABLE 12 North America Auto Racing Tires Market, By Country, 2025 - 2032, USD Million
TABLE 13 North America Motorcycle Racing Tires Market, By Country, 2021 - 2024, USD Million
TABLE 14 North America Motorcycle Racing Tires Market, By Country, 2025 - 2032, USD Million
TABLE 15 North America Racing Tires Market, By Distribution Channel, 2021 - 2024, USD Million
TABLE 16 North America Racing Tires Market, By Distribution Channel, 2025 - 2032, USD Million
TABLE 17 North America Replacement Tires Market, By Country, 2021 - 2024, USD Million
TABLE 18 North America Replacement Tires Market, By Country, 2025 - 2032, USD Million
TABLE 19 North America OEMs Market, By Country, 2021 - 2024, USD Million
TABLE 20 North America OEMs Market, By Country, 2025 - 2032, USD Million
TABLE 21 North America Racing Tires Market, By Country, 2021 - 2024, USD Million
TABLE 22 North America Racing Tires Market, By Country, 2025 - 2032, USD Million
TABLE 23 US Racing Tires Market, 2021 - 2024, USD Million
TABLE 24 US Racing Tires Market, 2025 - 2032, USD Million
TABLE 25 US Racing Tires Market, By Tire Type, 2021 - 2024, USD Million
TABLE 26 US Racing Tires Market, By Tire Type, 2025 - 2032, USD Million
TABLE 27 US Racing Tires Market, By Application, 2021 - 2024, USD Million
TABLE 28 US Racing Tires Market, By Application, 2025 - 2032, USD Million
TABLE 29 US Racing Tires Market, By Distribution Channel, 2021 - 2024, USD Million
TABLE 30 US Racing Tires Market, By Distribution Channel, 2025 - 2032, USD Million
TABLE 31 Canada Racing Tires Market, 2021 - 2024, USD Million
TABLE 32 Canada Racing Tires Market, 2025 - 2032, USD Million
TABLE 33 Canada Racing Tires Market, By Tire Type, 2021 - 2024, USD Million
TABLE 34 Canada Racing Tires Market, By Tire Type, 2025 - 2032, USD Million
TABLE 35 Canada Racing Tires Market, By Application, 2021 - 2024, USD Million
TABLE 36 Canada Racing Tires Market, By Application, 2025 - 2032, USD Million
TABLE 37 Canada Racing Tires Market, By Distribution Channel, 2021 - 2024, USD Million
TABLE 38 Canada Racing Tires Market, By Distribution Channel, 2025 - 2032, USD Million
TABLE 39 Mexico Racing Tires Market, 2021 - 2024, USD Million
TABLE 40 Mexico Racing Tires Market, 2025 - 2032, USD Million
TABLE 41 Mexico Racing Tires Market, By Tire Type, 2021 - 2024, USD Million
TABLE 42 Mexico Racing Tires Market, By Tire Type, 2025 - 2032, USD Million
TABLE 43 Mexico Racing Tires Market, By Application, 2021 - 2024, USD Million
TABLE 44 Mexico Racing Tires Market, By Application, 2025 - 2032, USD Million
TABLE 45 Mexico Racing Tires Market, By Distribution Channel, 2021 - 2024, USD Million
TABLE 46 Mexico Racing Tires Market, By Distribution Channel, 2025 - 2032, USD Million
TABLE 47 Rest of North America Racing Tires Market, 2021 - 2024, USD Million
TABLE 48 Rest of North America Racing Tires Market, 2025 - 2032, USD Million
TABLE 49 Rest of North America Racing Tires Market, By Tire Type, 2021 - 2024, USD Million
TABLE 50 Rest of North America Racing Tires Market, By Tire Type, 2025 - 2032, USD Million
TABLE 51 Rest of North America Racing Tires Market, By Application, 2021 - 2024, USD Million
TABLE 52 Rest of North America Racing Tires Market, By Application, 2025 - 2032, USD Million
TABLE 53 Rest of North America Racing Tires Market, By Distribution Channel, 2021 - 2024, USD Million
TABLE 54 Rest of North America Racing Tires Market, By Distribution Channel, 2025 - 2032, USD Million
TABLE 55 Key Information - Bridgestone Corporation
TABLE 56 Key Information - Maxxis International-USA
TABLE 57 Key Information - Nexen Tire
TABLE 58 Key Information - Zhongce Rubber Group Co., Limited
TABLE 59 Key Information - The Yokohama Rubber Co., Ltd.
TABLE 60 Key Information - The Goodyear Tire & Rubber Company
TABLE 61 Key Information - Hankook Tire & Technology
TABLE 62 Key Information - Michelin
TABLE 63 Key Information - Pirelli & C. S.p.A.
TABLE 64 Key Information - Continental AG

LIST OF FIGURES

FIG 1 Methodology for the research
FIG 2 North America Racing Tires Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Racing Tires Market
FIG 4 Porter's Five Forces Analysis - Racing Tires Market
FIG 5 North America Racing Tires Market share, By Tire Type, 2024
FIG 6 North America Racing Tires Market share, By Tire Type, 2032
FIG 7 North America Racing Tires Market, By Tire Type, 2021 - 2032, USD Million
FIG 8 North America Racing Tires Market share, By Application, 2024
FIG 9 North America Racing Tires Market share, By Application, 2032
FIG 10 North America Racing Tires Market, By Application, 2021 - 2032, USD Million
FIG 11 North America Racing Tires Market share, By Distribution Channel, 2024
FIG 12 North America Racing Tires Market share, By Distribution Channel, 2032
FIG 13 North America Racing Tires Market, By Distribution Channel, 2021 - 2032, USD Million
FIG 14 North America Racing Tires Market share, By Country, 2024
FIG 15 North America Racing Tires Market share, By Country, 2032
FIG 16 North America Racing Tires Market, By Country, 2021 - 2032, USD Million
FIG 17 SWOT Analysis: Bridgestone Corporation
FIG 18 SWOT Analysis: Maxxis International USA
FIG 19 SWOT Analysis: Nexen Tire
FIG 20 SWOT Analysis: Zhongce Rubber Group Co., Limited
FIG 21 SWOT Analysis: The Yokohama Rubber Co., Ltd.
FIG 22 SWOT Analysis: The Goodyear Tire & Rubber Company
FIG 23 SWOT Analysis: Hankook Tire & Technology
FIG 24 Recent strategies and developments: Michelin
FIG 25 SWOT Analysis: Michelin
FIG 26 SWOT Analysis: Pirelli & C. S.p.A.
FIG 27 SWOT Analysis: Continental AG