Latest Analysis On Tire Cord And Tire Fabrics Market Size 2016 - 2024 - PowerPoint PPT Presentation

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Latest Analysis On Tire Cord And Tire Fabrics Market Size 2016 - 2024

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U.S. tire cord and tire fabrics market plays a vital part in the automotive industry, as it accounts for over 65% of the total commercial & personal vehicles sales in North America. Elevating U.S. economy after 2008 economic downturn is likely to stimulate the industry growth by 2024. – PowerPoint PPT presentation

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Title: Latest Analysis On Tire Cord And Tire Fabrics Market Size 2016 - 2024


1
Tire Cord And Tire Fabrics Market Robust Growth
in Automotive Industry 2016 To 2024
2
Table of Contents-
  • Methodology Scope
  • Executive Summary
  • Tire Cord Tire Fabrics Industry Insights
  • Tire Cord Tire Fabrics Industry Product
    Insights
  • Tire Cord Tire Fabrics Industry Regional
    Insights
  • Company Profiles
  • 89 Tables
  • 12 Figures
  • Detailed Table of contents _at_
  • https//www.gminsights.com/toc/detail/sandblastin
    g-media-market

3
Global Market Scenario of Tire Cord Tire
Fabrics Industry
  • Tire Cord And Tire Fabrics Market size is
    forecast to attain USD 6.40 billion by 2024 as
    per a new research report by Global Market
    Insights, Inc.
  • Robust growth in the automotive industry is the
    major factor for the global tire cord and tire
    fabrics market size. U.S., India, Japan, China
    and South Korea are the prominent countries for
    the automotive sector and accounts more than 50
    of the global commercial and personal vehicle
    production in 2015. Growing middle class
    population along with rising consumer per capita
    disposable income in China and India will
    complement the automotive business growth by
    2024.
  • Furthermore, Asia Pacific has gathered attention
    from American European car manufactures,
    including BMW, Audi and Mercedes, to introduce
    their business operations in the region owing to
    rising consumer purchasing potential. In 2015,
    the overall vehicle production was roughly around
    90 million units. This trend shall subsequently
    boost the tire cord and tire fabrics market share
    by 2024.

4
Request sample copy of report_at_
https//www.gminsights.com/request-sample/detail/8
50
5
Continue.....
  • U.S. plays a vital part in the automotive
    industry, as it accounts for over 65 of the
    total commercial personal vehicles sales in
    North America. Elevating U.S. economy after 2008
    economic downturn is likely to stimulate the
    industry growth by 2024. The commercial
    personal automobiles sale is anticipated to
    exceed 12 million and 10 million units over the
    projected period owing to boost the global tire
    cord and tire fabrics market size by 2024.
  • European automotive sales are decreasing due to
    stagnant GDP growth. For example, in 2005, the
    total commercial vehicle sales were around 3
    million units and marked close to 2,4 million
    units in 2013. Correspondingly, the personal
    automotive sales declined from approximately 15
    million units to around 12 million units during
    the same period. This decline may hamper the
    global tire cord and tire fabrics market size by
    2024. However, development of bio-based and
    environment friendly substitutes to traditional
    tire cord materials will open up new growth
    avenues for the industry participants, thereby
    pushing business growth.

View Summery of Report_at_ https//www.gminsights.com
/industry-analysis/tire-cord-and-tire-fabrics-mark
et
6
Regional Analysis-
  • In 2015, North America, led by the U.S., was
    valued at over USD 800 million. Positive economic
    indicators along with enormous customer base for
    luxurious cars and SUVs will drive the regional
    tire cord and tire fabrics market share.
  • In 2015, steel tire cords tire fabrics market
    size generated revenue more than USD 1 billion.
    Escalating radial tires demand in North America
    is evaluated to be the prime factor for the
    product growth. Where, steel is primarily used in
    tire strengthening and extensively preferred
    across commercial vehicles owing to boost
    business growth.
  • Asia Pacific, particularly led by India, Japan,
    China, Indonesia, dominated the global tire cord
    and tire fabrics market share in 2015.
    Furthermore, the region is gathered attention
    from numerous automotive manufacturers including
    Volkswagen and Nissan towards setting up
    manufacturing and sales facilities in the region,
    owing to positively influence the regional growth
    by 2024.
  • Request sample copy _at_
  • https//www.gminsights.com/request-sample/detail/
    850


7

Latest Research Report On Tire Cord And Tire
Fabrics Market Research Report_at_
https//www.gminsights.com/industry-analysis/tire
-cord-and-tire-fabrics-market Request Sample
copy of this report_at_ https//www.gminsights.com/r
equest-sample/detail/850 For Customization
in this report click_at_ https//www.gminsights.com/r
oc/850
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You
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