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Tyre Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tyre Manufacturing Market Research Report | SIC C22.110 | Feb 2017

Spinning its wheels: Imports remain a threat to the industry, despite strong domestic demand

IBISWorld’s Tyre Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Cooper Tire & Rubber Co Europe Ltd Cooper Tire & Rubber Co Europe Ltd market share
Michelin Tyre Plc Michelin Tyre Plc market share
Pirelli UK Tyres Ltd Pirelli UK Tyres Ltd market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

The industry has contracted steadily during the past five years, despite stimulus from rising vehicle manufacturing activity and an anticipated increase in the number of motor vehicles registered in the United Kingdom during the period. However, strong import competition, dwindling export sales and reductions in manufacturing capacity challenged growth during the past five years. The projected fall in global rubber prices also dampened industry growth, as it forced operators to lower selling prices. Industry revenue is expected to decline at a compound annual rate of 4.7% over the five years through 2016-17.

During the current year, revenue is projected to decrease by 2.9% to £1.7 billion, primarily due to continued downward pressure on prices from low global rubber prices... purchase to read more

Industry Report - Industry Analysis Chapter

The industry has contracted during the past five years, but this is partly the result of high revenue during the base year. Turnover grew sharply during 2011-12 as improving economic conditions led to renewed demand for tyres, following suppressed spending during the economic downturn. However, in the years since, an expected fall in export sales, strong import competition and a reduction in manufacturing capacity have restricted industry growth. Meanwhile, drastic declines in global rubber prices have had a considerable influence on industry performance, as rubber is a key input. Rising rubber prices generally compel operators to inflate selling prices in order to pass on at least a portion of these cost increases to customers. The.. purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Tyre Manufacturing Industry?

Companies in this industry manufacture rubber tyres for vehicles, equipment, mobile machinery and aircraft, among other uses. Manufacturers also produce inner tubes for tyres. The rebuilding and retreading of tyres is also included in the industry. However, general tyre repair, fitting and replacement are excluded.

Industry Products
Rubber tyres for light vehiclesRubber tyres for commercial vehiclesRetreaded tyresRubber tyres for aircraftInner tubes and other productsSolid tyres
Industry Activities
Manufacturing pneumatic, solid or cushion tyresManufacturing inner tubes for tyresRetreading tyres

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