Press release
Tire Cord Fabrics Market 2022 Latest Insights, Growth Rate, Future Trends and Forecast | Key Players : Indorama Ventures Company Limited, Kolon Industries, Hyosung Corporation, SRF Ltd., Kordsa Global, Teijin Ltd
Tire Cord Fabrics Market
The regions covered in the tire cord fabrics market report are asia-pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest tire cord fabrics share.
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The tire cord fabrics market consists of the sales of tire cord fabrics by entities (organizations, partnerships, and sole proprietors) that are designed to keep tires in shape, support vehicle weight and enhance durability of tires. Tire cord fabrics are used as reinforcing materials for tires and are treated with a coating mixture that makes it easier to absorb rubber impregnation and become a part of a rubber tire.
Key competitors in the tire cord fabrics market are Indorama Ventures Company Limited, Kolon Industries, Hyosung Corporation, SRF Ltd., Kordsa Global, Teijin Ltd, Century Enka Limited, Toray Hybrid Cord, Bekaert Corporation, Cordenka GmbH & Co. KG, Firestone Fibers & Textile Company, Shenma Indstrial Co. Ltd, Far Eastern Group, Teijin Aramid B.V., Hyosung Advanced Materials, Tokusen U.S.A
The global tire cord fabrics market size is expected to grow from $5.17 billion in 2021 to $5.40 billion in 2022 at a compound annual growth rate (CAGR) of 4.51%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global tire cord fabric market size is expected to reach $6.54 billion in 2026 at a CAGR of 4.88%.
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TBRC's report segments the global tire cord fabrics market:
1) By Material: Nylon, Polyester, Rayon, Others
2) By Vehicle Type: HCV, LCV, Passenger Cars, Off-Road Vehicles and Two-Wheelers
3) By Tire Type: Radial, Bias
4) By Application: Automotive, Aircrafts, Industrial Products, Others
Read Further On The Tire Cord Fabrics Market Here:
https://www.thebusinessresearchcompany.com/report/tire-cord-fabrics-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Tire Cord Fabrics Market Characteristics
3. Tire Cord Fabrics Market Trends And Strategies
4. Impact Of COVID-19 On Tire Cord Fabrics
5. Tire Cord Fabrics Market Size And Growth
.....
26. Africa Tire Cord Fabrics Market
27. Tire Cord Fabrics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tire Cord Fabrics Market
29. Tire Cord Fabrics Market Future Outlook and Potential Analysis
30. Appendix
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