The number of enterprises in the UK rubber tyres and tubes manufacturing sector is expected to decline consistently in the coming years, dropping from 18 in 2024 to 6 by 2028. This reflects a significant downward trend, with a year-on-year decrease in enterprises ranging from 16.7% to 33.3% across this period. The compound annual growth rate (CAGR) over these five years underscores an average annual reduction of 26.6%.

Key future trends to watch for include:

Potential impacts of technological advancements on production efficiency and cost-reduction.
Shifts in global demand and supply chains, particularly from emerging markets.
Regulatory changes that may affect the demand for sustainable and eco-friendly tyre production.