While tires remain one of the most recycled products in the U.S., end-of-life markets are not keeping pace with the annual generation of scrap tires, reveals a new report released by the U.S. Tire Manufacturers Association (USTMA).
U.S. Tire Shipments to Drop by 17.8% Due to COVID-19
Original equipment (OE) passenger tire shipments are now expected to decrease by 24.3%, while passenger tire replacement shipments are projected to decrease by 17.2% compared to 2019.