Reinforced Green Tire Cord Fabric Market 2027: Regional Analysis & Forecast
The global reinforced green tire cord fabric market was valued at USD125 Million in the year 2021, which is expected to further grow with a double-digit CAGR of 12% during the forecast period, 2023-2027, due to rising demands for passenger cars. Upsurge in the demand for green products, and growing concerns about depleting the environment further fuel the growth of the global reinforced green tire cord fabric market in the upcoming five years. Necessary steps taken by the governments and the authorities to ensure expanding the uses of renewable sources of energy, lowering energy consumption, and enhancing the products for higher energy efficiency, coupled with the production of green energy and thus a green product that reduces growing toxins in the environment also aids the growth of the global reinforced green ire cord fabric market in the next five years. Tire cords fabric reinforcement are used to maintain the shape of a tire. They are made primarily of polyeste...