The imports of tyre cord fabric of high tenacity nylon or other polyamides yarn to the UK are forecasted to increase steadily from 2024 through 2028. Starting from 8.7523 million kilograms in 2024 and reaching 9.6156 million kilograms by 2028, this represents a consistent growth. Compared to 2023, this shows a significant upward trend. Year-on-year, the growth varies moderately, whereas from 2024 to 2028, the compound annual growth rate (CAGR) indicates a stable increase, highlighting a robust demand within this market segment.
- Future Trends to Watch For:
- The industry will benefit from increased automotive production and technological advancements in tyre manufacturing.
- Monitor potential impacts of Brexit-related trade policies on import volume and pricing.
- Sustainability trends and the rise in electric vehicles could further influence demand patterns.
