The demand for high-performance tires in the U.S. increased in 2017 for the eighth straight year, increasing their share of the OE and replacement markets to nearly 56 and 46 percent, respectively, according to the latest U.S. Tire Manufacturers Association (USTMA) data.
Aftermarket shipments in the U.S. of tires H-Rated and higher rose 9.1 percent last year to 92 million units, a volume that represents 44 percent of all aftermarket shipments, up from 41 percent in 2016. Viewed more closely, aftermarket shipments of H-rated tires rose 11.7 percent to 48.8 million units; V-rated tires rose 8.4 percent to 25.8 million units; and Z-rated were up to 3.6 percent to 17.4 million units.
What does that mean for UMD Automated Systems?
It is great news for not only our company but for our industry as well. The tire manufacturing process of our business involves a series of specialized operations with precise requirements for temperature and pressure control, component splicing, measurement and testing. UMD can help you every step of the way with equipment that will meet or exceed quality standards will improving productivity throughout your operation.
With the demand for high-performance tires on the rise, our engineers will continue to work and evolve the product that our company currently produces as well as work to enhance our products to better meet the needs of the consumer.
Read the full article from Tire Business about the U.S. Demand for High-Performance Tires here: http://www.tirebusiness.com/article/20180215/NEWS/180219969/u-s-demand-for-high-performance-tires-continues-to-rise