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Tire cord fabrics Market Size, Key Market Players, SWOT, Revenue Growth Analysis, 2020–2027

Tire cord fabrics Market Size, Key Market Players, SWOT, Revenue Growth Analysis, 2020–2027

The global tire cord fabrics market research report published by Reports and Data is a comprehensive assessment of the industry. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

 Market Overview:

Increased Internet, broadband, and mobile penetration is enabling the growth of the ICT market across the globe. The customer demand for anywhere and anytime access to content and products coupled with enterprise need for agility is driving the ICT market. Developments across various segments such as internet, computers, wireless networks, social networking, software, and other services are positively impacting the growth of the information and communication technologies market. With close to 7 billion mobile subscribers and 3 billion Internet subscribers, the ICT market presents a huge opportunity for technology marketers.

Enterprises across verticals are adopting IoT devices to improve operational efficiency and enhance communication and the IoT traffic is expected to rise in the coming years. The growing adoption of these IoT devices has also widened the scope of attacks for cybercriminals. A cybersecurity model approach is expected to be adopted by organizations dealing with critical business and personal information in the coming years as it offers security professionals greater visibility in terms of users accessing networks from various locations, accessed applications, and the exact time of access.

Regional Outlook:

North America has been a mature market for ICT, while Asia-Pacific has been the ground for the R&D of several low-cost technologies. As of 2021, the U.S. accounted for over 34 percent of the global information and communication technology (ICT) market share. The EU and China ranked as the second and third biggest regions in terms of market share with approximately 15 and 11 percent respectively. The Information and communications technology (ICT) spending in the Asia Pacific region, excluding Japan, is forecast to grow at 12.9 percent in the professional services sector in 2021.

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Report Overview:

The report identify market application gaps, need for new product development, high potential geographic regions and countries, and emerging technologies. A detailed granular segmentation of the market tracking, market size, market share, geographical analysis of markets, revenue projections, and financial portfolio of key players, covering a broad spectrum of the market have been included.

  • Key participants include Hyosung Corporation, Indorama Ventures Public Company Limited, Kolon Industries Inc., Kordsa Teknik Tekstil A.S., SRF Ltd, Century Enka Limited, Toray Industries Inc, Teijin Ltd., Firestone Fibers & Textile Company, and Shenma Industrial Co. Ltd.


The report further segments the global tire cord fabrics market based on product types into Tire Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

  • Radial Tires
  • High-Performance Tires
  • Bias Tires

Vehicle Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

  • Commercial Vehicles
  • Passenger Cars

Raw Material Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

  • Polyester
  • Rayon
  • Nylon
  • Others

Application Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

  • Replacement
  • Original Equipment Manufacturer [OEM]

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Regional analysis covers:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Russia
    • K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • A.E.
    • Israel
    • Rest of MEA

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