MANUFACTURING OF TYRES
Journal Title: Регіональна економіка та управління - Year 2018, Vol 1, Issue 19
Abstract
The economic and geopolitical crisis which led to a statistically decrease had significantly affected the tyre market that has fallen considerably in recent years. Another trend that accompanies the tyre market (the development of the segment of tyre restoration) is that the cost price of а renewed tyre is several times lower and the efficiency is at a satisfactory level even for low-income consumers. This article describes the technological process and feasibility of the manufacturing of tyres. Data are given about the average cost of technological equipment needed to manufacture the end product. The statistics are also given about the popularity of tyre trade marks in Ukraine. Data are given about the manufacturing of tyres in the last 14 years. The study is aslo focusing on the mechanism to form profitability and recoupment of such production. It is dealt with segments in which a new enterprise could take the lead and compete successfully with other trade marks.
Authors and Affiliations
Nazar Kozub
Keywords
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