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

In 2023, the import volume of Tyre Cord Fabric made from high tenacity viscose rayon yarn to the US was an estimated 1.412 million kilograms. The forecasted increase for 2024 is 3.3%, marking a slight upward trend. Subsequent years follow a similar growth trajectory, with an approximate year-on-year growth averaging around 3.2% through 2028. This consistent rise suggests a stable demand for these materials in the coming years. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 3.1%.

Future trends to watch for include:

  • Technological advancements in tyre production that may influence material preferences.
  • Shifts in automotive industry demands, particularly with increased focus on sustainability.
  • Potential trade policy changes with key exporter nations.

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