1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Tire Cord And Tire Fabrics Market Robust Growth in Automotive Industry | 2016 To 2024

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com 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 @ https://www.gminsights.com/toc/detail/sandblasting-media-market

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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. Global Market Scenario of Tire Cord & Tire Fabrics Industry

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5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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. Continue..... View Summery of Report@ https://www.gminsights.com/industry-analysis/tire-cord-and-tire-fabrics-market

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com 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 @ https://www.gminsights.com/request-sample/detail/850

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Tire Cord And Tire Fabrics Market Research Report@ https://www.gminsights.com/industry-analysis/tire-cord-and-tire-fabrics-market Request Sample copy of this report@ https://www.gminsights.com/request-sample/detail/850 For Customization in this report click@ https://www.gminsights.com/roc/850

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