Both Brexit and the Covid-19 pandemic loom large over the UK’s commercial vehicle tyre market. Shipping complications, price increases, and fleet utilisation (especially in the relatively minor people transportation segment) all provide question marks over how the short-term market is developing. Yet these questions come at a time when the pace of change was already accelerating. The digitisation of CV tyre suppliers’ businesses has continued apace, with every major supplier now offering various forms of full-service fleet provision, with leaps forward in sensor and systems technology supporting integrated management options. The introduction of electric and ultra-low emission vehicles, as well as the path to autonomous driving, continue to inform tyre trends in the background. Catch up with the latest news from the segment in March’s issue.
I The circular economy comes of age I
The integral role retreading has made the tyre business one of the most sustainable parts of the automotive business. However, recent years have seen the development of an increasingly integrated and professional tyre collection and reprocessing sector. Now, with the systemic pressures of legislation and the transition towards electric vehicles (not to mention the Covid-19 pandemic acting as a catalyst for change), increased attention is being paid to tyre recycling in general and tyre-derived oil, materials and energy in particular. With investments around the UK and Europe, tyre pyrolysis projects are booming, making it an ideal time for Tyres & Accessories’ review of the market in the March edition of the magazine.