The global tire cord fabric market is expected to grow at more than 5.6% CAGR from 2024 to 2030. It is expected to reach above USD 9.37 billion by 2030 from USD 6.39 billion in 2023.

A comprehensive examination of the recently released research report from Exactitude Consultancy, titled “Global Tire Cord Fabric Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2024-2030” is presented. This study encompasses essential insights into the target market, including projections regarding potential revenue, customer demands, regional assessments, and the principal elements poised to influence the market’s future trajectory. The report offers insights into prominent companies operating in the industry, newcomers to the market, supply chain innovations, financial considerations, noteworthy industry events, technological advancements, and forthcoming strategies, including mergers and acquisitions. To present readers with a holistic perspective of the market, the report categorizes the global Tire Cord Fabric market based on criteria such as type, applications, distribution channels, geography, and more.

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Year Considered to Estimate the Market Size:

·         Base Year of the Analysis: 2023

·         Historical Period: 2018-2023

·         Forecast Period: 2024-2030

Competitive Landscape

The Tire Cord Fabric market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Tire Cord Fabric market.

Leading Key players included in this Report are:

Major players in the Tire Cord Fabric Market are identified through secondary research and their market revenues determined through primary and secondary research are: Kolon Industries, Inc., Kordsa Global, Inc., Hyosung Corporation, SRF Ltd., Bekaert Corporation, Firestone Fibers & Textile Company, Cordenka GmbH & Co. KG, Kordarna Plus A.S., Teijin Ltd, Tokusen U.S.A., Inc, Milliken & Co. Inc. and others. among other domestic.

In December 2021, Machinex (Canada) partnered with RDT Engineering (Australia), Re. Group (Australia) and SRWRA (Australia) to automate the MRF in Australia. As the system provider for Australia’s most recent MRF, located in Seaford Heights, South Adelaide, RDT Engineering (Australia) chose its long-term Canadian partner Machinex to outfit the facility with highly automated key components.

In October 2021, Key Technology (US) unveiled its VERYX digital sorters for pet food. VERYX detects and removes foreign material (FM) and defective products to improve product quality and eliminate the possibility of cross-contamination.

Tire Cord Fabric Market Segmentation:

Tire Cord Fabric Market by Material, 2024-2030, (USD Million, and Thousand Units)

Nylon

Polyester

Rayon

Others

Tire Cord Fabric Market by Tire Type, 2024-2030, (USD Million, and Thousand Units)

Radial Tires

Bias Tires

Tire Cord Fabric Market by Vehicle Type, 2024-2030, (USD Million, and Thousand Units)

Passenger Cars

Commercial Vehicles

Tire Cord Fabric Market by Application, 2024-2030, (USD Million, Thousand Units)

OEM

Replacement

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Regional Outlook:

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Important Features that are under offering & key highlights of the report:

- Detailed overview of Tire Cord Fabric market

- Changing market dynamics of the industry

- In-depth market segmentation by Type, Application, etc.

- Historical, current and projected market size in terms of volume and value

- Recent industry trends and developments

- Competitive landscape of Tire Cord Fabric market

- Strategies of key players and product offerings

- Potential and niche segments/regions exhibiting promising growth

- A neutral perspective towards Tire Cord Fabric market performance

- Market player’s information to sustain and enhance their footprint

Key Benefits:

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Tire Cord Fabric market.

A descriptive analysis of demand-supply gap, estimation and forecast in the global Tire Cord Fabric market.

Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Tire Cord Fabric Market.

Following are some of the Most Important Questions that are Answered in this Report:

What are the key regulatory frameworks governing significant sectors within the Tire Cord Fabric Market?

Which technological advancements are exerting the most significant influence on the projected growth of the global Tire Cord Fabric Market?

Who are the leading global enterprises currently exerting significant control over the majority of the Tire Cord Fabric Market?

What primary business models are typically employed by the major companies in this market?

What are the pivotal factors expected to impact the global expansion of the Tire Cord Fabric Market?

How do major companies operating in the global Tire Cord Fabric Market space incorporate crucial strategies?

What are the existing revenue contributions of various product categories in the global Tire Cord Fabric Market, and what changes are anticipated in this regard?

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