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Technavio has announced its latest market research report titled Global Polyester Tire Cord Fabrics Market 2022-2026
Global Polyester Tire Cord Fabrics Market 2022-2026
Technavio has announced its latest market research report titled Global Polyester Tire Cord Fabrics Market 2022-2026
Global Polyester Tire Cord Fabrics Market 2022-2026
NEW YORK , Oct. 31, 2022 /PRNewswire/ -- The polyester tire cord fabrics market size is expected to grow by USD 250.29 million at an accelerating CAGR of 4.75% during the forecast period of 2021-2026. 66% of the growth originates from APAC.
The rising production of automobiles is one of the major factors propelling the growth of the global polyester tire cord fabrics market. Polyester tire cord fabrics are used by automobiles to keep tires in good shape and increase durability. The demand for polyester tire cord fabrics will increase as auto production rises in developing nations like China , Japan , and Thailand . However, factors like price changes in the automotive sector may limit market expansion. Request Free Sample Report.
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Polyester Tire Cord Fabrics Market Scope
Accelerate at a CAGR of 4.75%
APAC, Europe, North America, South America, and Middle East and Africa
US, China, Thailand, Japan, and Germany
Leading companies, competitive strategies, consumer engagement scope
COLMANT COATED FABRICS, Firestone Fibers and Textiles Company LLC, Formosa Taffeta Co. Ltd., HANOI INDUSTRIAL TEXTILE JSC, Hyosung Advanced Materials, Indorama Ventures Public Co. Ltd., Junma Tyre Cord Co. Ltd., Kian Cord Co., Kolon Industries Inc., Kordsa Teknik Tekstil AS, Madura Industrial Textiles Ltd., Oriental Industries (Suzhou) Ltd., Shenma Industrial Co.Ltd. , Sohrab Group, SRF Ltd., Star Polymers Inc., Teijin Ltd., Toray Industries Inc., Zhejiang Hilead New Materials Co.Ltd., and BIKAWA Enterprise Sdn Bhd
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
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