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The polyester tire cord fabrics market size is forecast to increase by USD 256 million, at a CAGR of 4.83% between 2023 and 2028. The market growth is driven by several key factors. The increasing production of automobiles boosts demand for various automotive components, including tire cord fabrics. Concurrently, there is a growing demand for eco-friendly tire cord fabrics, as manufacturers and consumers prioritize sustainability and environmental impact. This shift towards greener materials supports the development and adoption of innovative, eco-friendly solutions in tire manufacturing. Additionally, the growing automotive sales in emerging economies further contribute to market expansion, as these regions experience rapid industrialization and increased vehicle ownership. Together, these factors fuel market growth, driven by advancements in sustainable materials and rising global automotive demand.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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