Tire Cord Industry Expected to Reach USD 15.7 Billion by 2033, with a CAGR of 7.8% | FMI Reports

The global tire cord industry is projected to achieve a remarkable CAGR of 7.8%, reaching a market value of USD 15.7 billion. Several key factors contribute to this growth: Rising global population, particularly in developing nations, is increasing the demand for vehicles. This uptick in vehicle ownership is consequently boosting the demand for tires and …