Forecast: Import of Tyre Cord Fabric of High Tenacity Viscose Rayon Yarn to China

In 2023, China's import of tyre cord fabric of high tenacity viscose rayon yarn stood at approximately 7.40 million kilograms. From 2024 to 2028, forecasts indicate a steady growth from 7.73 to 9.13 million kilograms. Year-on-year variations show an increase of around 5% annually, reflecting a healthy demand trajectory. Over this five-year period, the compound annual growth rate (CAGR) is expected to be approximately 4.2%, indicating consistent growth prospects in the sector.

Future trends to watch:

  • Technological advancements in tyre manufacturing processes that could impact fabric import needs.
  • Shifts in global trade policies or tariffs affecting supply chains.
  • China's evolving automotive industry, including potential impacts of electric and autonomous vehicles.

Top Countries about Yarn