Bead Wire Market is Estimated to Witness High Growth Owing to Increasing Automotive Production
Bead wires are used primarily in tire manufacturing for binding steel cords used for reinforcing tires. Bead wires are made of high carbon steel and help anchor the tire bead to the wheel rim. The global bead wire market has been gaining significant traction over the past few years owing to rising automobile production worldwide. Additionally, growth in replacement market for tires is also...
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