According to Acquire Market Research this study, Tire fabrics are reinforcing materials in the tire, providing it with dimensional stability and acting as supports for the vehicle weight. These also help to keep tires in shape in different road conditions. Tire fabrics are very important for the performance of a tire, and as a result for the vehicle as well. Different types of reinforcement constructions are required for different types of vehicles, and this depends on their respective uses and load-bearing requirements.
Economic growth in emerging countries in Asia Pacific has led to higher personal vehicle ownership, which in turn has benefitted the tire fabrics market. Additionally, with the reviving U.S. economy and improved job market, consumer spending is increasing, thus benefitting automobiles and its allied industries.
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In the past several years, global tire fabric industry has got a rapid development with the fast development of automotive industry after the trough in 2009. In 2011, global production of tire fabrics is 740723 MT which increased by 266576MT in 2015, with the sales revenue 3262 Million USD increased to 3562 Million USD in 2015.
According to this study, over the next five years the Tire Fabrics market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tire Fabrics business.
This report presents a comprehensive overview, market shares, and growth opportunities of Tire Fabrics market by product type, application, key manufacturers and key regions and countries.
This study considers the Tire Fabrics value and volume generated from the sales of the following segments:
Segmentation by product type
Nylon Tire Fabric
Polyester Tire Fabric
Chafer Tire Fabric
Segmentation by application
Radial Tire (semi-steel)
This report also splits the market by region
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report
Hyosung,Kordsa Global, Kolon Industries, Inc., SRF Ltd, Kordarna Plus A.S., Maduratex, Performance Fibers, Teijin, Milliken & Company Inc., Far Eastern Group, Cordenka GmbH & Co., KG, Firestone Fibers & Textile Company, Century Enka, Junma, Shenma, Jinlun Group, Xiangyu, Haiyang Chemical, Shifeng, Taiji, Tianheng, Helon Polytex, Dikai, Dongping Jinma, Hailide, Jiayuan, Hesheng, Unifull, Bestory, Ruiqi
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Tire Fabrics consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Tire Fabrics market by identifying its various subsegments.
Focuses on the key global Tire Fabrics manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tire Fabrics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Tire Fabrics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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