Tire Sector Hopeful From 2015

16Turkish tire sector is one of the effective actors of the world market conforming to the international standards; in 2014 the number of 1 million 127 thousand tires were exported

Constricting 1.5 percent in 2014, the tire sector expects 3 percent growth in 2015, according to the statement of Hakan Bayman, Chairman of Tire Industrialists and Importers (LASID).

Turkish tire market diminished 1.5 percent with 20 million units in 2014. At the press conference Hakan Bayman said the sector grew over 50 percent in last decade, despite troubles in recent years the sector maintained its growth in long term. Touching the global tire market Bayman said 1,7 billion tires were sold with 4.5 percent expansion in 2014. He recorded the biggest share in the global growth was emerging countries 9 percent growth in China, 6.5 percent in India. Performing constriction in recent years the European market accomplished 2 percent growth with the sales of 206 million tires.

In Turkish market, 20 million tires were sold shrinking 1.5 percent. Bayman said they were hopeful from 2015 with 3 percent growth. Sharing the exports data in 2014, Hakan Bayman highlighted the Turkish tire sector was one of the effective actors of the world market conforming to the international standards, in 2014 the number of 1 million 127 thousand tires were exported. Striking part of the exports was shipped to European countries.

Two new factories

The present factories are observed to raise their capacity utilization and investing directed towards technological innovations. The new actor of the market, Sumitomo is expected to kicks off production together with its domestic partner in 2016 in the province of Cankırı. The second factory of Brisa is being installed in Aksaray. Hankook which has expanded its facility in Hungary, is expected to increase its imports to Turkey, Hakan Bayman said. Pointing out winter tire application that let the market accelerated, LASID Chairman Bayman said the Ministry of Transport, Maritime and Communication had issued a new directive in the implementation of winter tire and the previous one was revived. In order to spotlight the public, a film was prepared and submitted to RTUK -the radio, television board – for approval.

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