Tire Cord Fabrics Market Globally Expected to Drive Growth through 2026Posted by ved123 on November 20th, 2019 According to Stratistics MRC, the Global Tire Cord Fabrics Market is accounted for .15 billion in 2017 and is expected to reach .89 billion by 2026 growing at a CAGR of 7.4% during the forecast period. Rise in vehicle usage and growth in the awareness for biodegradable products are some of the factors propelling the market growth. However, fluctuating raw material prices is hindering the market growth. Tire cord fabric is an industrial grade fabric that is manufactured through the use of high persistence yarns. It play the role of reinforcing materials in automotive and vehicle tires and are designed and used in a way that helps sustain the shape of tires, while concurrently following vehicle weight. Tire cord fabrics impart critical performance related qualities to the tires such as abrasion resistance, increased strength, and deformation control. Based on Material Type, Nylon segment has witnessed the considerable growth during the forecast period due to its capability to offer high strength, tenacity, robustness, relatively superior fatigue resistance, and good adhesion to rubber. By geography, Asia Pacific holds the highest market growth during the forecast period due to rising passenger vehicle production in China and India. In these countries the vehicle production is rising at a rapid rate since of the presence of major automotive players. Request for Report sample : https://www.trendsmarketresearch.com/report/sample/11292 Some of the key players profiled in the Tire Cord Fabrics Market include Kolon Industries Inc., Toray Industries Inc., Hyosung Corporation, Teijin Ltd. , Firestone Fibers & Textile Company, Shenma Industrial Co. Ltd., Century Enka Limited, SRF Ltd., Cordenka GmbH & Co Kg, Kordsa Teknik Tekstil A.S and Indorama Ventures Public Company Limited. Material Types Covered: Tire Types Covered: Vehicle Types Covered: Request for Report Discount: https://www.trendsmarketresearch.com/report/discount/11292 Sales Channels Covered: Regions Covered: What our report offers: Free Customization Offerings: Full View of Report Description: https://www.trendsmarketresearch.com/report/analysis/SMRC/tire-cord-fabrics-market View more : Trends Market Research is one of the leading digital services provider and a result-oriented company based in U.K... We are a team of enthusiastic-driven individuals with top notch skills in SEO, Market research. Trends Market Research is a one stop shop to all your business needs. We help you thrive and succeed. We provide research solution.Our digital and enterprise research assurance solutions are ideal for Automotive & Transportation, Electronics & Semiconductor, Chemicals & Materials, Healthcare, Pharmaceuticals & Medical Devices, Food & Beverage and Industrial Automation as well as all type of other leading industries verticals. We offer a vast line of in-depth study of industry trends including customized & client oriented specific requirement. Contact Us: One Vincent Square Like it? Share it!More by this author |