Markets Forecast By Types(Radial & Bias), By Sales Channel(OEM & Aftermarket), By Applications(Construction, Port, Mining & Others), By Vehicle Type(Loader, Dump Truck, Excavator, Grader, Cranes, Material Handling Equipment & Others) and Competitive Landscape.
Product Code: ETC000996 | Publication Date: Sep 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Turkey OTR tyre market is expected to face a period of contracting volumes and undergo a slow recovery during the forecast period supported by economic measures to cope up with the current liquidity crisis and transformative measures for the construction industry. Further, the port sector in Turkey is expected to attract domestic as well as a foreign investment during the forecast period, thereby leading to an increase in demand for OTR tyres in the port application domain.
According to 6Wresearch, Turkey OTR Tyre Market size is projected to grow at a CAGR of 1.8% during 2019-25. The Turkey OTR tyre market is likely to recover from the ongoing recession during the forecast period, driven by government efforts to restore growth in the construction industry. Moreover, the mining sector which accounts for the majority of the OTR tyre demand in the country is expected to grow at a stable rate throughout the forecast period. Further, as economic conditions in the country improve in the coming years, growth in industrial activity is also likely to support the OTR tyre market in Turkey during the forecast period.
By Types, the demand for radial tyres is expected to grow during the forecast period owing to a continuous shift in the consumer preference from bias to radial technology, as radial tyres are long-lasting and these tyres enhance the performance of the vehicle. However, the share of bias tyres in the overall market would not become obsolete, as it is advantageous to use them in certain limited applications.
The Turkey OTR tyre market report thoroughly covers the market by type, applications, sales channels and vehicle types. The Turkey OTR tyre market outlook report provides an unbiased and detailed analysis of the on-going Turkey OTR tyre Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Some of the major players in Turkey OTR tyre market are Petlas Lastik San. Tic. Inc., The Goodyear Tire & Rubber Company, Balkrishna Industries Limited (BKT) Bridgestone Middle East & Africa FZE and General Company Establishment Michelin.
The Turkey tire market is anticipated to gain traction in the coming years on the back of rising concerns towards sustaining the healthy life of the tire along with rising needs for maintaining a smooth driving experience. Additionally, timely maintenance and replacement of tires leads to longer life of tires and enhance the average miles travelled per hour and is becoming the need of the hour to sustain the healthy life of the tire and is expected to trigger significant demand projections for the tire in the country in the coming timeframe and offer lucrative opportunities for the growth of the Turkey tire market in the foreseeable future.
Key Highlights of the Turkey OTR tyre Market Report
Markets Covered
Turkey OTR tyre market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Turkey OTR Tyre Market Overview |
3.1 Turkey Country Indicator |
3.2 Turkey OTR Tyre Market Volume Share, 2018 & 2025F |
3.3 Turkey OTR Tyre Market Volume Share, By Types, 2018 & 2025F |
3.4 Turkey OTR Tyre Market Volume Share, By Sales Channel, 2018 & 2025F |
3.5 Turkey OTR Tyre Market Volume Share, By Applications, 2018 & 2025F |
3.6 Turkey OTR Tyre Market Volume Share, By Vehicle Type, 2018 & 2025F |
3.7 Turkey OTR Tyre Market Industry Life Cycle |
3.8 Turkey OTR Tyre Market Porter's Five Forces |
4 Turkey OTR Tyre Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey OTR Tyre Market Trends |
6 Turkey OTR Tyre Market Overview, By Types |
6.1 Turkey OTR Tyre Market Volume, By Radial Type, 2016-2025F |
6.2 Turkey OTR Tyre Market Volume, By Bias Type, 2016-2025F |
7 Turkey OTR Tyre Market Overview, By Sales Channel |
7.1 Turkey OTR Tyre Market Volume, By OEM Channel, 2016-2025F |
7.2 Turkey OTR Tyre Market Volume, By Aftermarket Channel, 2016-2025F |
8 Turkey OTR Tyre Market Overview, By Application |
8.1 Turkey OTR Tyre Market Volume, By Construction Application, 2016-2025F |
8.2 Turkey OTR Tyre Market Volume, By Port Application, 2016-2025F |
8.3 Turkey OTR Tyre Market Volume, By Mining, 2016-2025F |
8.4 Turkey OTR Tyre Market Volume, By Other Application, 2016-2025F |
9 Turkey OTR Tyre Market Overview, By Vehicle Types |
9.1 Turkey OTR Tyre Market Volume, By Vehicle Types, 2016-2025F |
10 Turkey OTR Tyre Market Key Performance Indicators |
11 Turkey OTR Tyre Market Opportunity Assessment |
11.1 Turkey OTR Tyre Market Opportunity Assessment, By Types, 2025F |
11.2 Turkey OTR Tyre Market Opportunity Assessment, By Sales Channels, 2025F |
11.3 Turkey OTR Tyre Market Opportunity Assessment, By Applications, 2025F |
12 Turkey OTR Tyre Market Competitive Landscape |
12.1 Competitive Benchmarking, By Operating Parameters |
12.2 Turkey OTR Tyre Market Volume Ranking, By Company |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |
List of Figures |
Figure1. Turkey OTR Tyre Market Volume, 2016 - 2025F (Thousand Units) |
Figure2. Turkey OTR Tyre Market - Industry Life Cycle, 2018 |
Figure3. Turkey OTR Tyre Market Volume Share, By Types, 2018 & 2025F |
Figure4. Turkey OTR Tyre Market Volume Share, By Sales Channels, 2018 & 2025F |
Figure5. Turkey OTR Tyre Market Volume Share, By Applications, 2018 & 2025F |
Figure6. Turkey Construction Application OTR Tyre Market Volume, 2016-2025F (Units) |
Figure7. Turkey Port Application OTR Tyre Market Volume, 2016-2025F (Units) |
Figure8. Turkey Mining Application OTR Tyre Market Volume, 2016-2025F (Units) |
Figure9. Turkey Other Application OTR Tyre Market Volume, 2016-2025F (Units) |
Figure10. Turkey OTR Tyre Market Volume Share, By Vehicle Types, 2018 & 2025F |
Figure11. Turkey Actual Government Spending Vs Actual Government Revenues, 2015-2024F (TL Billion) |
Figure12. Turkey Infrastructure Investment Forecast, 2018-2040 ($ Billion) |
Figure13. Turkey Infrastructure Investment Forecast, By Sector, 2016-2040 ($ Billion) |
Figure14. Turkey OTR Tyre Market Opportunity Assessment, By Types, 2025F |
Figure15. Turkey OTR Tyre Market Opportunity Assessment, By Sales Channels, 2025F |
Figure16. Turkey OTR Tyre Market Opportunity Assessment, By Applications, 2025F |
Figure17. Turkey OTR Tyre Market Volume Rankings, By Companies, 2018 |
List of Tables |
Table1. Turkey OTR Tyre Market Volume, By Types, 2016-2025F (Units) |
Table2. Turkey OTR Tyre Market Volume, By Sales Channels, 2016-2025F (Units) |
Table3. Turkey OTR Tyre Market Volume, By Vehicle Types, 2016-2025F (Units) |