Tire Cord Market is estimated to grow at 5.70% for 2020-2027 with factors such as volatility in the prices of raw material along with rising competition among the existing manufacturers which will hamper the growth of the market in emerging economies.
Tire cord market has shown an exceptional penetration in developed economies in Asia-Pacific. Rising preferences towards electric vehicle along with growth of the automotive industry which will help in driving the growth of the market.
Tire Cord Market Scenario
According to Data Bridge Market Research the tire cord market is witnessing a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as changing lifestyle of the people, rapid urbanization, availability of high quality material, growing production of vehicles which will likely to enhance the growth of the market.
Now the question is which are the other regions that tire cord market is targeting? Data Bridge Market Research has estimated a large growth in North America tire cord market in the forecast period of 2020-2027. The Data bridge market research new reports highlight the major growth factors and opportunities in the tire cord market.
For more analysis on the tire cord market request for a briefing with our analysts https://www.databridgemarketresearch.com/de/speak-to-analyst/?dbmr=global-tire-cord-market
Scope of the Tire Cord Market
Tire cord market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
- All country based analysis of the tire cord market is further analyzed based on maximum granularity into further segmentation. On the basis of tire type, the market is segmented into radial tire, and biased tire. Based on material, the market is segmented into steel cord, polyester, nylon, rayon, aramid, and others. The applications covered for the report are aerospace, passenger cars, light commercial vehicles, heavy duty vehicles, two wheelers, tractors, and others.
- Tire cord fabrics are used as tire reinforcement products and are built to hold tires in place and sustain vehicle weight, with a substantial effect on the durability of tires. High-quality nylon and polyester yarns get twisted and spun into fabrics following polymerization and spinning throughout the manufacturing phase.
To know more about the study https://www.databridgemarketresearch.com/de/reports/global-tire-cord-market
Key Pointers Covered in the Tire Cord Market Industry Trends and Forecast to 2027
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Regulatory Framework and Changes
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the report
- Toray Hybrid Cord,Inc
- Indorama Ventures Public Company Limited.
- Teijin Aramid B.V.
- Kolon Industries, Inc.
- Kordsa Teknik Tekstil A.Ş.
- HYOSUNG.
- SRF Limited
- Asahi Kasei Corporation
- BAYGOLD GROUP LIMITED
- Century Enka Limited.
- COLMANT COATED FABRICS
- Cordenka GmbH & Co KG
- Firestone Fibers & Textiles
- FORMOSA TAFFETA CO., LTD.
- Glanzstoff Textilcord
- HANOI INDUSTRIAL TEXTILE JSC
- Henan Hengxing Sciecnce & Technology Co., Ltd.
Above are the key players covered in the report, to know about more and exhaustive list of Tire Cord companies contact us https://www.databridgemarketresearch.com/de/toc/?dbmr=global-tire-cord-market
Research Methodology: Global Tire Cord Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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