UK truck tyre market size shift continues

Thursday 5th May 2016 | 0 Comments

 

Tyre manufacturers are reporting that UK truck tyre replacement demand is steadily shifting to 315/70 R22.5 fitments over traditional sizes such as 295/80 R22.5. According to Michelin, which published a statement on the trend on 4 May, the trend is being driven by the growth of Euro VI registrations and “operators realising the total cost of ownership benefits offered”.

Michelin points to ETRMA figures which show the 295/80 R22.5 – the long-time favourite of UK hauliers – has decreased its share of the UK’s replacement market by 3 points since 2010. Meanwhile, over the same time period, 315/70 R22.5 has increased its share by 3.4 points, and the 315/80 R 22.5 by 0.6 points.

Michelin says this trend is strengthening year-on-year, with the 295/80 decreasing by 1 point between 2014 and 2015 and the 315/70 growing by 1.7 points – figures closely mirroring its own new tyre sales.

Guy Heywood, commercial director of Michelin Tyre plc, commented: “More and more operators are realising that moving to 315/70 tyres can reduce their running costs and open access to the very latest generations of products, which tend to be developed in this size first due to its popularity across Europe.

“Our own surveys, and trials we’ve carried out in conjunction with truck manufacturers, have shown the benefits offered by 315/70 tyres – particularly in terms of fuel efficiency and tyre longevity. Now operators are experiencing these benefits in their own fleets too, it’s driving one of the most notable changes in tyre buying habits we’ve seen this side of the millennium.”

Of course Michelin also points out that it offers an extensive line-up of tyres in the most popular sizes including 315/70 R22.5. The X Line Energy range aims to combine fuel-efficiency for long distance operations with great mileage potential, whilst the X MultiWay 3D tyres are designed for maximum mileage potential and traction on regional or national work.

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Category: Product News, UK News