The global Tire Cord Fabrics market size was valued at USD 6.22 Billion in 2023 and the total Tire Cord Fabrics revenue is expected to grow at a CAGR of 6.15 % from 2024 to 2030, reaching nearly USD 9.45 Billion by 2030.
Market Overview:
This study aims to provide a comprehensive analysis of the Tire Cord Fabrics market, examining its components, applications, industries, and geographical aspects. It delves into the primary drivers influencing market growth and offers an in-depth analysis of the market’s value chain.
Market Scope:
The research methodology employed for assessing and predicting the Tire Cord Fabrics market involves secondary research utilizing revenue data from key suppliers. Market segmentation takes into account vendor offerings, and the overall market size is determined using a bottom-up approach based on the revenue of major enterprises.
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Drivers:
Increasing the consumption of tobacco and rising cases of cervical cancer are increasing cancer cases, bolstering diagnostics prospects. Cervical cancer is the most common viral infection of the reproductive tract. Public and private associations, a joint effort to further develop a framework of analytic imaging communities, is driving a cellular breakdown in the lung of the demonstrative market. By the government and the health organization, they are trying to spread awareness about cancer globally. So it helps those people who show the same symptoms of cancer.
Segmentation:
by Material
Nylon
Polyester
Rayon
Others
by Tire Type
Radial Tires
Bias Tires
by Vehicle Type
Passenger Cars
Commercial Vehicles
by Application OEM
Replacement
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Key Players:
The major players identified in the Tire Cord Fabrics market report include:
Major Contributors in the Tire Cord Fabrics Industry in North America and Europe:
1. Cordenka GmbH & Co. KG – Headquarters: Obernburg am Main, Germany
2. SABA – Headquarters: Hialeah, Florida, United States
3. Performance Fibers – Headquarters: Charlotte, North Carolina, United States
4. Firestone Fibers & Textiles Company – Headquarters: Nashville, Tennessee, United States
5. Tokusen USA Inc. – Headquarters: Conway, Arkansas, United States
Key players driving the Asia-Pacific Tire Cord Fabrics Market:
1. Hyosung Corporation – Headquarters: Seoul, South Korea
2. Kolon Industries Inc. – Headquarters: Gwacheon, South Korea
3. Kordsa Global – Headquarters: İstanbul, Turkey
4. SRF Limited – Headquarters: Gurgaon, India
5. Teijin Limited – Headquarters: Tokyo, Japan
6. Indorama Ventures Public Company Limited – Headquarters: Bangkok, Thailand
7. Century Enka Limited – Headquarters: Pune, India
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Regional Analysis:
Market share statistics for Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are provided individually. Analysts evaluate competitive strengths and conduct a thorough competitive analysis for each player.
COVID-19 Impact Analysis on Tire Cord Fabrics Market:
Various industries such as aerospace, defense, agriculture, automobiles, retail, e-commerce, energy, healthcare, packaging, mining, electronics, banking, financial services, and insurance have been impacted by the COVID-19 pandemic. The report assesses the general impact of COVID-19 on the Tire Cord Fabrics market, including its growth rate during 2019-2020. Insights and analysis on risk management and digital transformation strategies are provided to assist businesses navigating through the crisis.
Key Questions Answered in the Report:
Which segment dominated the Tire Cord Fabrics market?
What was the competitive landscape of the Tire Cord Fabrics market in 2020?
What are the key drivers fueling the growth of the Tire Cord Fabrics market?
Which region held the largest share in the Tire Cord Fabrics market in 2020?
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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