Forecast: Rubber Tyres and Tubes Hours Worked in Germany

The forecasted hours worked in Germany's rubber tyres and tubes sector shows a steady year-on-year increase from 2024 to 2028. Starting from 41.672 million hours in 2024, it is expected to grow consistently each year, reaching 42.945 million hours by 2028. The compound annual growth rate (CAGR) over this five-year period is modest, indicating a stable industry environment with gradual improvement in production activities.

Future trends to watch include:

  • Technological advancements in tyre production, potentially improving efficiency and reducing hours worked.
  • Changes in automotive markets, such as shifts towards electric vehicles, possibly impacting rubber demand.
  • Environmental regulations influencing the synthetic rubber market and production processes.

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