Turkey Tire Market Overview:

According to MarkNtel Advisors study the Turkey Tire Market is projected to grow at a CAGR of around 3.45% during the forecast period, i.e., 2022-27. The growth of the market attributes primarily to the increasing government focus on infrastructural developments, i.e., projecting numerous construction projects throughout the country and propelling the demand for heavy vehicles while directly impacting the requirement for robust tires.

Key Findings of the Study: Turkey Tire market

Key Driver & Opportunity: Swift Expansion of the Commercial Sector

With rapid infrastructural developments, Turkey is witnessing a swift expansion of its commercial sector, exhibiting the construction of hospitals, hotels, educational institutions, office spaces, among others. It, in turn, is boosting the demand for heavy commercial vehicles, trucks, buses, & vans, among others, and, consequently, for tires, thereby driving the Turkey Tire Market.

Additionally, the same factors are also instigating the trade of commercial vehicles & tires across different countries, augmenting the export & import business of tires, and stimulating the expansion of the Turkey Tire Market through 2027.

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Scope of the Turkey Tire Market Report Segmentation

-By Type of Vehicles

• Passenger Car
• Light Commercial Vehicle
• Buses and Trucks
• Medium and Heavy Commercial Vehicles
• Off the Road (OTR)
• Two Wheelers
• Three Wheeler

-By Demand Category

• OEM
• Replacement

-By Type of Tire

• Radial
• Bias
• By Sales Channel
• Dealer/Exclusive Outlets
• Online
• Others

-By Season

• All season
• Summer
• Winter

-By Price Category

• Low
• Medium
• High

-By Rim Diameter

• Upto 12”
• 1” to 15”
• 1.” to 18”
• 1” to 20”
• 1” to 22.5”
• 6” to 26”
• 1” to 35”
• 1” to 47”
• Above 47”

For more detailed information about the Turkey Tire market report, click here – https://www.marknteladvisors.com/research-library/turkey-tire-market-analysis.html

Geographical analysis:

-By Region

• East
• West

Recent Development by Leading Companies

• In December 2021, Bridgestone Corp. announced that its Turkish affiliate, Brisa Bridgestone Sabanci Tyre Manufacturing & Trading Inc., acquired Arvento Mobile Systems, which offers digital fleet management services across Turkey & the Middle East. This acquisition aims to extend the market leader’s sustainable mobility solutions business.

Current Landscape of Turkey Tire Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Turkey Tire market. The research report profiles major players, including

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• Yokohama’
• Kumho
• Sumitomo
• Anlas Anadolu
• Maichelin Lastikleri
• AbdulKadir Ozcan
• Turk-Pirelli
• Goodyear-Lastilkeri
• Barisa Bridgestone
• ÖZKA Lastik ve Kauçuk Sanayi Ticaret A.S.

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