Upturn in housebuilding to sustain UK OTR growth – KRT
A leading UK distributor of OTR tyres has predicting sustained growth in the segment as the construction sector rallies with improved UK economy. Since the financial crash of 2008 the aftermarket OTR tyre sector has suffered from a severely contracted end-user market. House building, often seen as a barometer of the health of the sector, saw starts falling to record low levels and other major developments have been put on ice. Kings Road Tyres (KRT) says the upturn in domestic construction activity will support sales growth in its OTR tyre brands.