In Replacement, Demand for Tyres Remains Strong in Europe

The European Tyre and Rubber Manufacturers’ Association published its members’ sales for the year 2021 as well as the last quarter of 2021. 

2021 has been a positive year of recovery for the industry. Only the Original Equipment (OE) Consumer tyres segment has recorded a -8%, mainly linked to the chips’ shortage. The Original Equipment Truck segment saw an important growth of 25%. 

In the Replacement market, a part from Agricultural which recorded a -3%, strong demand driven by the all-season (+35%) and winter (+9%) segments. The replacement Truck & Moto tyres segments registered increases of 12%, and 14%, respectively.

“Despite a very challenging environment, manufacturers are facing multiple opportunities as the sector is rapidly transforming in response to new developments in vehicle technology, mobility, and regulatory policies” said Mrs Cinaralp, Secretary General of ETRMA, “Our sector has been resilient through the pandemic, and we look forward for this positive trend to be confirmed and the growth to consolidate in 2022, back to 2019 volumes”. 

 

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