Increased Automotive Demand Spurs Growth of Global Tire Cord and Tire Fabrics Market: TMR
The global tire cord and tire fabrics market owes its development mainly to the burgeoning automobile industry, especially in Asia Pacific. The revival of the US economy has also had a positive impact on the demand for and sales of personal and commercial vehicles, fueling the demand for steel and polyester tire cords. This in turn, has propelled the global tire cord and tire fabrics market. Registering a modest CAGR of 5.50% from 2014 to 2020, the tire cord and...
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