Major Group SIC 5014 - Tires And Tubes

SIC 5014 - Tires And Tubes

SIC 50 - Wholesale Trade-durable Goods
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 501 - Motor Vehicles And Motor Vehicle Parts And Supplies
  SIC 501 - Motor Vehicles And Motor Vehicle Parts And Supplies SIC 502 - Furniture And Home Furnishings SIC 503 - Lumber And Other Construction Materials SIC 504 - Professional And Commercial Equipment And Supplies SIC 505 - Metals And Minerals, Except Petroleum SIC 506 - Electrical Goods SIC 507 - Hardware, And Plumbing And Heating Equipment And Supplies SIC 508 - Machinery, Equipment, And Supplies SIC 509 - Miscellaneous Durable Goods
  - SIC 5014 - Tires And Tubes
    SIC 5012 - Automobiles And Other Motor Vehicles SIC 5013 - Motor Vehicle Supplies And New Parts SIC 5014 - Tires And Tubes SIC 5015 - Motor Vehicle Parts, Used

Establishments primarily engaged in the wholesale distribution of tires and tubes for passenger and commercial vehicles.

Industry trends:

One of the latest qualitative trends observed in the Tires and Tubes industry (NAICS 5014) is the increasing shift towards sustainable and eco-friendly products. Manufacturers are focusing on developing tires made from renewable materials such as natural rubber and vegetable oils. Additionally, there is a growing interest in tire recycling and the use of reclaimed materials to reduce environmental impact. This shift aligns with the broader automotive industry's move towards reducing carbon footprints and enhancing sustainability practices.

Another notable trend is the rise of smart tire technology. Innovations in this area include tires embedded with sensors that monitor real-time road conditions, tire pressure, and tread wear. These smart tires aim to enhance vehicle safety, improve fuel efficiency, and prolong tire life. With the advent of autonomous vehicles, the demand for tires that can communicate with vehicle systems and traffic infrastructure is expected to grow.

Furthermore, the market is seeing a surge in demand for high-performance and specialty tires designed for electric vehicles (EVs). Given the unique needs of EVs, such as handling higher torque and heavier battery weights, the development of tires specifically tailored for these vehicles is becoming increasingly critical. This trend is likely to gain more traction as the adoption of EVs expands rapidly.

Forecasts for the near future suggest that the tire and tubes market will continue to evolve in response to these trends. Companies that invest in sustainable practices, smart technologies, and innovations catering to the EV segment are expected to lead the market. Overall, the industry's focus on environmental stewardship and technological advancement promises sustained growth and transformation in the coming years.

This industry is comprised of:

Repair materials, tire and tube-wholesale

Tires, used-wholesale

Tires and tubes, new-wholesale

Tires, used-wholesale

Explore related industries:

SIC 3011 - Tires And Inner Tubes SIC 5139 - Footwear SIC 7534 - Tire Retreading And Repair Shops

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