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Know How Tire Cord And Tire Fabrics Market is Thriving Worldwide? Hyosung Corp., Bekaert, Kordsa., SRF Limited
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Furthermore, Asia Pacific has gathered attention from American & European car manufactures, including BMW, Audi and Mercedes, to introduce their business operations in the region owing to rising consumer purchasing potential. In 2015, the overall vehicle production was roughly around 90 million units. This trend shall subsequently boost the tire cord and tire fabrics market share by 2024.Tire Cord And Tire Fabrics Market size is forecast to attain USD 6.40 billion by 2024; as per a new research report by Global Market Insights, Inc.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Tokusen U.S.A., Inc.
2. Teijin Ltd.
3. Kordarna Plus A.S.
4. Cordenka GmbH & Co. KG
5. Brazilian Red Cross
6. Kolon Industries, Inc.
7. European Blood Alliance
8. SRF Ltd.
9. Milliken & Company Inc.
10. Firestone Fibers & Textile Company
Polyester is forecast to expand at over 5% CAGR by 2024. These are widely used in the passenger cars tires particularly due to their low cost along with preferred physical characteristics.
In 2015, North America, led by the U.S., was valued at over USD 800 million. Positive economic indicators along with enormous customer base for luxurious cars and SUVs will drive the regional tire cord and tire fabrics market share.
Browse Complete Summary of this report @
https://www.gminsights.com/industry-analysis/tire-cord-and-tire-fabrics-market
Global tire cord and tire fabrics market size is dominated by Asia Pacific; rising consumer spending capacity accompanied with drifting automotive manufacturing focus towards settings their business operations in India and China are the key factors for regional business growth.
In 2015, the global tire cord and tire fabrics market share was highly consolidated. Some of the product manufacturer contributing the industry share are Bakaert, Hyosung Corp., SRF Ltd, Kordsa Global Inc., Kolon Industries, Milliken & Co. Inc., Firestone Fibers & textile Co., Kordarna plus A.S, Tokusen USA, Cordenka GmbH and Teijin Ltd.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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