In terms of region,APAC is highest CAGR during the forecast period. APAC is a leading manufacturing hub for the automotive industry because of the growing passenger vehicle production in China and India. The vehicle production in these countries is increasing at a rapid rate because of the presence of major automotive players like Honda, Hyundai, and Nissan, Toyota. Manufacturers like BMW and Volkswagen have already set up manufacturing units in these countries. Like factors are estimated to fuel the global tire cord fabrics market.
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