Tire Reinforcement Materials: Technologies and Global Markets
The global market for tire reinforcement materials was $12.3 billion in the year 2010, which is expected to increase up to $12.9 billion by 2011. The tire reinforcement market will grow at a moderate CAGR of 3.6% from 2011 through 2016 and will reach to $15.3 billion.
The report forecasts the size of the market in current U.S. dollars for tire reinforcement materials in value terms for each material and/or volume terms from 2011 through 2016.
The report forecast the market size or output for the following:
- Tire reinforcement materials such as steel tire cord fabric, steel bead wire, polyester tire cord fabric, nylon tire cord fabric, rayon tire cord fabric, aramid tire cord fabric, PEN tire cord fabric, and hybrid reinforcement materials.
- Tires such as radial light duty tire, radial heavy duty tire, bias light duty tire, bias heavy duty tire, bicycle tire, motorcycle tire and other cycle tires. The tire reinforcement market is directly dependent on the tire industry, performance of which is closely intertwined with the development of the automobile and cycle industries.
The above forecasts are classified on the basis of product type, technology type, end application, and geographical region.
Jason Chen has been an analyst and consultant for the composite, fiber, textile, and energy industries for a decade. He is a regular writer or contributing editor for Composites Manufacturing (American Composites Manufacturers Association), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, and MobileTex. He has authored the books, “Asian Automotive Textiles: Opportunities and Challenges for Leading Producers” and “China's Chemical Fiber Producers.” He has a BA in chemical and material.