Published on: March 09, 2021
The tire cord fabrics market will witness significant growth and the market size will increase during the forecast period 2025-2029. The increase in vehicle usage across the globe will have a major influence on the demand for tire cord fabrics.
This report provides an analysis of this market by material (nylon, polyester, rayon, aramid, and polyethylene napthalate) and geography (North America, Europe, APAC, Middle East and Africa, and Latin America) The report also provides an analysis of the competitive landscape and details on key vendors including Indorama Ventures Public Company Limited, Kolon Industries Inc., Hyosung Corporation, SRF Ltd., and Teijin Ltd.
The tire cord fabrics market is quite competitive. With favorable conditions for growth, the level of competition among companies will intensify further. Some of the key tire cord fabrics market vendors covered in this report include:
To increase their market share and succeed in this competitive market, vendors are focusing on deploying new strategies. Covering key aspects including business expansions, collaborations and partnerships, and entry barriers for new players, this report will help vendors identify new growth opportunities and design strategies before venturing into new product and service segments. The report also provides details on tire cord fabrics market challenges that will restrict market growth.
Categorized under the textiles industry, the tire cord fabrics market is expected to witness steady growth during 2025-2029
The increase in vehicle usage acorss the globe is anticipated to have a major impact on the demand for tire cord fabrics.
Key tire cord fabrics market, such as the demand for eco-friendly tire cord fabrics is also likely to drive the demand for tire cord fabrics.
The fluctuating raw material prices will pose as a major challenge for tire cord fabrics vendors, restraining market growth.
Geographically, the global tire cord fabrics market can be bifurcated into North America, Europe, APAC, Middle East and Africa, and Latin America. The report provides a country-level analysis of the market’s growth in these regions and also lists out the key countries the vendors should focus on.
By material, the market has been categorized into nylon, polyester, rayon, aramid, and polyethylene napthalate).
With a comprehensive understanding of the tire cord fabrics industry and monitoring the latest industry trends, we have developed a detailed report on the tire cord fabrics market that covers:
For a better understanding of the Trends, Competition from Global & Regional Players, and the Market-specific Risks
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