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According to the latest report by IMARC Group,finds that the global tire reinforcement materials market grew at a CAGR of 5% during 2015-2020. <br>Tire reinforcement materials are used for providing traction and handling vehicles while reducing the resistance for optimized fuel consumption.
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Global Tire Reinforcement Materials Market Research Report and Forecast 2021- 2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Report Description and Highlights Report Description Global Tire Reinforcement Materials Market Outlook 2026: IMARC Group’s latest report, titled “Tire Reinforcement Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global tire reinforcement materials market grew at a CAGR of 5% during 2015-2020. Tire reinforcement materials are used for providing traction and handling vehicles while reducing the resistance for optimized fuel consumption. They are also used for stiffening the critical components of the car and are primarily used for cornering and handling. They also help ensure optimum performance for high fuel efficiency and operation in harsh and challenging environments. Request for a free sample report: https://www.imarcgroup.com/tire-reinforcement-materials- market/requestsample
Report Description and Highlights Report Description Global Tire Reinforcement Materials Market Trends: The market is primarily driven by the rising automotive industry due to the increasing sales of passenger and commercial vehicles. The improving economic conditions across various developing countries have increased the per capita expenditure among the middle-class population, which is propelling the growth of the market. Besides this, the aviation sector is a significant end user of tire reinforcement materials, which are employed in seat belts and carcass reinforcement. Various technological innovations such as the introduction of super high tensile bead wires are also positively impacting the market growth. Furthermore, the increasing cases of road accidents, coupled with the stringent regulations adopted by governing agencies to curb such mishaps, have facilitated the utilization of tire reinforcement materials for improving tire safety and performance.
Report Description Report Description and Highlights Market Summary: Breakup by Indication: • Steel • Polyester • Nylon • Rayon • Aramid Breakup by Product Type: • Tire cord fabric • Tire bead wire Breakup by Route: • Radial • Bias tires
Report Description Report Description and Highlights Breakup by Vehicle Type: • Passenger cars • Commercial vehicles Breakup by Application: • OEMs • Aftermarket Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa On account of these factors, the market is expected to grow at a CAGR of 7.50% during the forecast period (2021-2026).
Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • Bridgestone Corporation • Century Enka Limited • Cordenka GmbH & Co. KG • Dupont De Nemours Inc. • Formosa Taffeta Co. Ltd. • Kolon Industries Inc. • Kordsa Teknik Tekstil AS • NV Bekaert S.A. • SRF Limited • Teijin Limited • Toray Industries Inc. and Toyobo Co. Ltd. View Report TOC, Figures and Tables : https://www.imarcgroup.com/tire-reinforcement-materials- market
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Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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