United Kingdom Tire Market

United Kingdom Tire Market By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, Three Wheelers, OTR), By Tire Construction Type (Radial, Bias), By Demand Category Type (OEM, Replacement), By Region, Competition, Forecast & Opportunities, 2018-2028


United Kingdom tire market is anticipated to rise with a robust CAGR during the forecast period. A tire is a rubberized component of a vehicle that protects the exterior rim of the wheel. Tires are designed to protect the wheel rim while also providing tractive force between the road surface and the vehicle. As a tire is constructed of rubber, it also acts as a flexible cushion for the wheels, reducing vibrations and helping to withstand road shocks. They are often constructed of tread, jointless cap heaps, beads, and other materials, such as synthetic rubber, carbon black, and fabric.

Due to the country's huge and ever-expanding vehicle fleet size, the tire market in the United Kingdom is likely to grow significantly over the forecast period. To accommodate the rising demand, the market is seeing increased production of both commercial and passenger car tires.

Furthermore, a surge in passenger vehicle sales, due to high per capita disposable income, is fueling the country's need for tires. Environmentally friendly goods, such as ecological, flat-run, and nitrogen-based tires are also being developed by manufacturers. This is expected to propel the tire market in the United Kingdom in the future years.

Increased Use of Electric and Hybrid Vehicles

The growing demand for electric and hybrid vehicles is expected to provide lucrative growth prospects for the UK tire market. In the United Kingdom, EV and hybrid vehicle manufacturers are requesting technologically improved tires, such as smart tires. Sensors on these smart tires collect data, such as tire pressure, traction, vehicle acceleration, and so on, which is then used to ensure and enhance vehicle and rider safety. Tire demand is predicted to rise during the forecast period as tire technologies progress significantly.

Rise in Vehicle Production in United Kingdom

The automotive sector in the United Kingdom is one of the most significant automotive markets in the world in terms of production. According to the Society of Motor Manufacturers and Traders, over 30 manufacturers in the UK produce over 70 distinct types of automobiles. In addition, the sector intends to boost manufacturing capacity to satisfy rising market demand. Tire demand is predicted to increase during the projection period because of all these factors.

The increased market penetration for passenger and light commercial vehicles in recent years has significantly boosted the United Kingdom tire market. The rising need for last-mile connections, increased passenger commuting, and a surge in disposable income in the United Kingdom have fueled passenger vehicles and light commercial vehicles during the previous few years. Increased industrialization and surging economic activity have aided market growth. As a result, car tire makers have found themselves in a profitable climate. A higher frequency of tire changes, mostly due to increasing vehicle mileage, is expected to help the market thrive in the coming years.

Advancements in Technologies

Due to significant technology breakthroughs, most manufacturing businesses are utilizing automation to boost productivity and profitability. The United Kingdom tire market is expected to grow as a result of technological advancements, such as the introduction of rimless tires, green tires, and the use of lightweight elastomers and metals, such as alloys and carbon fiber or composites, such as manganese bronze and nickel aluminum bronze, to manufacture tires. Advanced polymer usage for tire production has also increased the United Kingdom tire market. Tire manufacturers are turning to green energy in their production as corporations strive for carbon neutrality through investments in zero-carbon technologies, energy efficiency, and green energy. For example, the Michelin Group announced in February 2021 that it is working to make its tires 100% sustainable.

In addition, major tire manufacturers are employing nanotechnology and other inventions or software to produce a variety of advanced tire types. For this case, Bridgestone Tyres, a leading tire and rubber manufacturer, uses Contact Area Information Sensing (CAIS), which collects and analyzes the tire contact area to smell road conditions. Shared and independent vehicles will shape the future of mobility. Bridgestone's dedication to its retread tire supply has been emphasized by a multi-million-pound investment in its portfolio. The company’s retread solutions will become some of the most sophisticated in the UK under the new 'Bandag Hotread' moniker, with 17 new items made at its Bourne-based Bulldog factory over the next few years.

High Volatility in Raw Materials Price

Natural rubber, synthetic rubber, carbon black, and oil are the most common materials used to make automotive tires. The price of raw materials, such as natural and synthetic rubber, is very volatile and is influencing tire production costs and, ultimately, tire prices. Several factors, such as crude oil prices, supply, weather, currency exchange, policy changes, and so on, have a direct impact on raw material prices and subject tire prices to extreme volatility. This is acting as the key restriction to the growth of the United Kingdom tire market.

Increased Need for Tire Remolding

The process of replacing the tread on worn tires is known as remolding or retreading. It is known as tire re-manufacturing and is also referred to as recap or remold. When compared to the manufacturing of a new tire, the re-manufacturing process saves a large quantity of material. As a result, components for this operation are less expensive.

Furthermore, compared to creating a new one, it saves a large amount of money on tire and material prices. Retreading is more ecologically friendly and less expensive than acquiring new tires because the labor and prices are substantially lower. A single tire can be retreaded up to ten times, increasing its service life and saving significant energy and time in the manufacturing process, all while minimizing landfill trash and carbon emissions. Due to these advantages, savings for organizations with large fleets of vehicles can be substantial. The tire manufacturing business has achieved great growth in the United Kingdom throughout the years. Premium technologies are used to create high-quality Tires that operate flawlessly.

Market Segmentation

The United Kingdom tire market is segmented based on vehicle type, tire construction type, demand category, and region. Based on vehicle type, the market is segmented into two-wheeler, three-wheeler, passenger cars, commercial vehicles, and off-the-road vehicles (OTR). Based on tire construction type, the market is divided into radial and bias. Based on the demand category, the market is segmented into OEM and replacement. Regionally, the market is spread across England, Scotland, Wales, and Northern Ireland.

Company Profiles

Michelin Tire plc, Pirelli UK Tires Ltd, Cooper Tire & Rubber Co Europe Ltd, Goodyear Dunlop Tires UK Ltd, Continental Tire Group Ltd., Bridgestone United Kingdom Limited, Hankook Tire UK Limited, Kumho Tire UK Limited, Toyo Tires (UK) Limited, and Yokohama HPT Limited. are the key players developing advanced, ride-hailing service structure to stay competitive in the market and enhancing their product portfolio in regions to increase their customer outreach.

Report Scope:

In this report, the United Kingdom tire market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • United Kingdom Tire Market, By Vehicle Type:
  • Two-Wheeler
  • Three-Wheeler
  • Passenger Cars
  • Commercial Vehicles
  • Off-the-Road (OTR)
  • United Kingdom Tire Market, By Tire Construction Type:
  • Radial
  • Bias
  • United Kingdom Tire Market, By Demand Category:
  • OEM
  • Replacement
  • United Kingdom Tire Market, By Region:
  • England
  • Scotland
  • Wales
  • Northern Ireland
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the United Kingdom Tire Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Impact of COVID-19 on United Kingdom Tire Market
4.1. Impact Assessment Model
4.1.1. Key Segments Impacted
4.1.2. Key Regions Impacted
5. Voice of Customer Analysis
5.1. Factors Influencing Purchase Decision
5.2. Brand Awareness
5.3. Challenges & Unmet Needs
6. United Kingdom Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Volume
6.1.2. By Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Two-wheeler, Three-Wheeler Passenger Cars, Commercial Vehicle, and Off-the-Road (OTR))
6.2.2. By Tire Construction Type Market Share Analysis (Radial, Bias)
6.2.3. By Demand Category Market Share Analysis (OEM, Replacement)
6.2.4. By Regional Market Share Analysis
6.2.4.1. England Market Share Analysis
6.2.4.2. Scotland Market Share Analysis
6.2.4.3. Wales Market Share Analysis
6.2.4.4. Northern Ireland Market Share Analysis
6.2.5. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)
6.3. United Kingdom Tire Market Mapping & Opportunity Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Tire Construction Type Market Mapping & Opportunity Assessment
6.3.3. By Demand Category Market Mapping & Opportunity Assessment
6.3.4. By Regional Market Mapping & Opportunity Assessment
7. United Kingdom Two-Wheeler Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Volume
7.1.2. By Value
7.2. Market Share & Forecast
7.2.1. By Tire Construction Market Share Analysis
7.2.2. By Demand Category Market Share Analysis
7.3. Pricing Analysis
8. United Kingdom Three-Wheeler Market Outlook
8.1. Market Size & Forecast
8.1.1. By Volume
8.1.2. By Value
8.2. Market Share & Forecast
8.2.1. By Tire Construction Market Share Analysis
8.2.2. By Demand Category Market Share Analysis
8.3. Pricing Analysis
9. United Kingdom Passenger Car Tire Market Outlook
9.1. Market Size & Forecast
9.1.1. By Volume
9.1.2. By Value
9.2. Market Share & Forecast
9.2.1. By Tire Construction Market Share Analysis
9.2.2. By Demand Category Market Share Analysis
9.3. Pricing Analysis
10. United Kingdom Commercial Vehicle Tire Market Outlook
10.1. Market Size & Forecast
10.1.1. By Volume
10.1.2. By Value
10.2. Market Share & Forecast
10.2.1. By Tire Construction Market Share Analysis
10.2.2. By Demand Category Market Share Analysis
10.3. Pricing Analysis
11. United Kingdom Off-the-Road Vehicles Tire Market Outlook
11.1. Market Size & Forecast
11.1.1. By Volume
11.1.2. By Value
11.2. Market Share & Forecast
11.2.1. By Tire Construction Market Share Analysis
11.2.2. By Demand Category Market Share Analysis
11.3. Pricing Analysis
12. Porter’s Five Forces Analysis
12.1. Bargaining Powers of Suppliers
12.2. Bargaining Powers of Buyers
12.3. Threat of Substitutes
12.4. Threat of New Entrants
12.5. Competitive Rivalry
13. SWOT Analysis
13.1. Strength
13.2. Weakness
13.3. Opportunities
13.4. Threats
14. Market Dynamics
14.1. Market Drivers
14.2. Market Challenges
15. Market Trends and Developments
16. Policy & Regulatory Landscape
17. United Kingdom Economic Profile
18. Competitive Landscape
18.1. Company Profiles (Up To 10 Major Companies)
18.1.1. Michelin Tire plc
18.1.1.1. Company Details
18.1.1.2. Key Products Offered
18.1.1.3. Recent Developments
18.1.1.4. Key Management Personnel
18.1.2. Pirelli UK Tires Ltd
18.1.2.1. Company Details
18.1.2.2. Key Products Offered
18.1.2.3. Recent Developments
18.1.2.4. Key Management Personnel
18.1.3. Cooper Tire & Rubber Co Europe Ltd
18.1.3.1. Company Details
18.1.3.2. Key Products Offered
18.1.3.3. Recent Developments
18.1.3.4. Key Management Personnel
18.1.4. Goodyear Dunlop Tires UK Ltd
18.1.4.1. Company Details
18.1.4.2. Key Products Offered
18.1.4.3. Recent Developments
18.1.4.4. Key Management Personnel
18.1.5. Continental Tire Group Ltd.
18.1.5.1. Company Details
18.1.5.2. Key Products Offered
18.1.5.3. Recent Developments
18.1.5.4. Key Management Personnel
18.1.6. Bridgestone United Kingdom Limited
18.1.6.1. Company Details
18.1.6.2. Key Products Offered
18.1.6.3. Recent Developments
18.1.6.4. Key Management Personnel
18.1.7. Hankook Tire UK Limited
18.1.7.1. Company Details
18.1.7.2. Key Products Offered
18.1.7.3. Recent Developments
18.1.7.4. Key Management Personnel
18.1.8. Kumho Tire UK Limited
18.1.8.1. Company Details
18.1.8.2. Key Products Offered
18.1.8.3. Recent Developments
18.1.8.4. Key Management Personnel
18.1.9. Toyo Tires (UK) Limited
18.1.9.1. Company Details
18.1.9.2. Key Products Offered
18.1.9.3. Recent Developments
18.1.9.4. Key Management Personnel
18.1.10. Yokohama HPT Limited
18.1.10.1. Company Details
18.1.10.2. Key Products Offered
18.1.10.3. Recent Developments
18.1.10.4. Key Management Personnel
19. Strategic Recommendations
19.1. Key Focus Areas
19.1.1. Target Region
19.1.2. Target Vehicle Type
19.1.3. Target Tire Construction Type
20. About Us & Disclaimer

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