Tire Cord Fabric Market Size, Share, Demand & Trends by 2032
The global tire cord fabric market size is anticipated to be valued at US$ 9.4 Billion in 2032 and it is estimated to exhibit an impressive CAGR of 6.8% throughout the projection period from 2022 to 2032. In 2022, the global tire cord fabric market is estimated to reach US$ 7.5 Billion. Owing to the surging demand for light-duty vehicles all over the world, the sales of tire cord fabric are set to augment in the forthcoming years. Tire cord fabric is known as an industrial grade fabric that is majorly produced with the help of high tenacity yarns. It plays a crucial role in the automotive industry by reinforcing materials in vehicle tires. The tire cord fabric is designed in such a way that it can help in maintaining the overall shape of tires. It simultaneously helps in supporting the weight of vehicles. This type of fabric can also impart qualities associated with the critical performance of tires including high strength, deformation control, and abrasion resistan...