Europe’s tire and rubber sector is navigating a complex landscape, as global competition sharpens, regulatory pressures mount, and operational costs erode profitability. Recent developments paint an intricate picture, where manufacturing exits, output declines, and pleas for policy clarity signal that the industry is grappling with structural shifts with lasting consequences.
Highlights
• Plant closures signal Europe’s industrial competitiveness crisis
• Regulatory burdens over Europe’s retreading sector future
• Weak enforcement and oversight cloud UK ELT exports