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Global Tire Reinforcement Materials Market

Press Release   •   Nov 18, 2016 11:31 IST

About Tire Reinforcement Materials

Reinforced tires are made to provide strength, stability, and withstand extra load and pressure on vehicles. These tires also last longer, resist mechanical damage, and provide higher rigidity. Tire cord fabric and tire bead wires are the essential components used in reinforced tires. Steel cord fabric, steel bead wire, polyester tire cord, rayon tire cord, and nylon tire cord are the most commonly used materials for manufacturing reinforced tires.

This analysts forecast the global tire reinforcement materials market to grow at a CAGR of 4.3% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global tire reinforcement materials market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of different types of tire reinforcement materials across key regions by considering 2015 as the base year.

The market is divided into the following segments based on geography:

• Americas

• APAC

• Europe

• ROW

This report, Global Tire Reinforcement Materials Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Bekaert

• Hyosung

• Kolon Industries

• Kordsa Global

• Toray Industries

Other prominent vendors

• SRF

• Milliken & Company

• CORDENKA

• Tokusen Kogyo

Market driver

• Enhanced properties of reinforced tires.

• For a full, detailed list, view our report

Market challenge

• Stringent government regulations.

• For a full, detailed list, view our report

Market trend

• Increasing importance of vehicle fuel efficiency.

• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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