Tyre, rubber manufacturing sectors show recovery in 2013- ETRMA

autoTHE EUROPEAN Tyre and Rubber Manufacturers’ Association (ETRMA) has revealed optimistic figures relating to tyre replacement sales of the first nine months of 2013.

The group says that after a very weak start of the year, the third quarter of 2013 showed figures above 2012 in all product segments. As a result, when cumulating these results to those of the previous months, signs of recovery can be detected and the figures for the first nine months of 2013 are now almost at the same level as those of 2012, for the same period.

Overall, the European tyre and rubber manufacturing industry remains a significant contributor to the European economy despite the challenges faced by both sectors in 2012.

ETRMA says that the published 2013 Edition of the Statistics Report provides key figures regarding production, sales, trade and end of life trends.