Global Tire Cord Fabrics Market Size, Share and Industry Analysis Report 2021-2028 - ResearchAndMarkets.com
The global tire cord fabrics market size is expected to reach USD 8,351.4 Million in 2028, and register a CAGR of 5.2% during the forecast period.
- The global tire cord fabrics market size is expected to reach USD 8,351.4 Million in 2028, and register a CAGR of 5.2% during the forecast period.
- Some of the major factors expected to drive market growth include constantly growing automotive industry, and increasing demand for tire cord fabrics from the industry.
- Sidewalls of rubber tires are subject to corrosion in the long run, thus, using tire cord fabrics enables reinforcement of tire materials.
- In addition, tire cord fabrics are formulated to support vehicle weight, and retain tire shape, enhancing performance of the tires.