Forecast: Import of Tyre Cord Fabric of High Tenacity Manmade Yarn to the US

The import value of tyre cord fabric of high tenacity manmade yarn to the US is predicted to grow steadily from 2024 to 2028, starting at $443.82 million and reaching $489.17 million. The year-on-year growth rates are approximately 2.63% in 2025, 2.51% in 2026, 2.39% in 2027, and 2.30% in 2028. The compound annual growth rate (CAGR) over this five-year period is about 2.46%. Conversely, data from 2023 indicates a lower base, emphasizing a consistent and healthy import growth trajectory in the upcoming years.

Future trends worth watching include:

  • Fluctuations in raw material costs, which may influence pricing and demand.
  • Technological advancements in manufacturing that could affect supply and logistics.
  • Shifts in automotive industry demands and tire manufacturing technologies impacting import volumes.
  • Trade policies and regulations that might alter import dynamics.

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