Tire Cord Fabrics Market Research Report By Material (Nylon, Polyester), By Tire Type (Radial, Bias), By Application (OEM, Replacement), By Vehicle Type, and by Region- Global Forecast to 2034
May-2025 Formats | PDF | Category: Chemical | Delivery: 24 to 72 Hours
“The Tire Cord Fabrics Market industry is expected to expand from 5.89 Billion in 2025 to $ 18.53 Billion in 2034, with a compound annual growth rate of 6.3% “
Tire Cord Fabrics Market: Overview and Growth in the Upcoming Year
A booming sector of the textile industry, the market for tyre cord fabrics meets the needs of tyre manufacturers worldwide. These textiles, which are typically made of polyester, nylon, rayon, and aramid, are designed to withstand high levels of tension, flexibility, and abrasion resistance. The increasing demand for high-performance tyres in the automotive industry has led to a steady growth in the market for tyre cord fabrics.
One of the primary drivers of growth is the increased production of automobiles globally, especially in emerging economies. The growing emphasis on fuel efficiency and environmental sustainability is also driving the need for durable and lightweight tyre cord fabrics. Technological advancements in the textile industry are also enabling manufacturers to produce innovative textiles with improved performance and durability.
Numerous well-known businesses dominate the tyre cord fabric market, each of which brings unique expertise and abilities to the table. Companies like Hyosung Corporation, Kordsa Global, Kolon Industries, and SRF Limited are some of the leading suppliers of tyre cord textiles in the world. These businesses invest heavily in research and development in order to introduce innovative products that meet the evolving demands of the automotive industry.
Due to the growing demand for high-performance tyres from a range of industrial verticals, the market for tyre cord fabrics is anticipated to keep growing in the future. As tyre manufacturers strive to increase the sustainability, effectiveness, and safety of their products, advanced tyre cord textiles will become more and more important. Additionally, automation and digitisation are expected to increase the manufacturing process’ productivity and efficiency.
For Insights Consultancy’s latest market intelligence study, “Global Tire Cord Fabrics Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Food industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 110+ is available for purchase to all the interested stakeholders.
Top Companies Covered In This Report:
- Firestone Fibers & Textiles
- Century Enka Limited
- Indorama Ventures
- Shenma Industrial Co.
- Zhejiang Hailide New Material
- Thai Industrial Fabrics
- Bekaert Corporation
- Toray Industries
- Asahi Kasei Corporation
- Milliken & Company
Industry News
Feb 18, 2025 Toray Innovates Nylon 66 Chemical-Recycled Technology that Boosts Plastic Recycling Rates
Tokyo, Japan, February 19, 2025 – Toray Industries, Inc., announced today a breakthrough in recycling nylon 66. The company recently deployed a proprietary depolymerization technology using subcritical water (see note 1) to depolymerize this resin uniformly and efficiently in just minutes, and recover it as a raw monomer material.
20th July 2023 Asahi Kasei to cease manufacturing tire cord in Japan
Japan-based Asahi Kasei has announced that it is liquidating the Asahi Kasei Cord business, a decision made due to the slow growth of vehicle production and the growing number of products being imported from other countries.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment By Material
- Nylon
- Polyester
- Rayon
- Others
Segment By Type
- Radial
- Bias
Segment By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Others
Segment ByApplication
- OEM
- Replacement
Regional Deep-dive Analysis:
The report provides in-depth qualitative and quantitative data on the Tire Cord Fabrics Market for all of the regions and countries listed below:
North America includes the United States, Canada, and Mexico.
Europe includes Germany, France, Italy, the United Kingdom, Scandinavia, Benelux, Russia, and the rest of Europe.
Asia-Pacific includes Japan, South Korea, India, China, Southeast Asia, and Australia.
South America (including Brazil, Argentina, and the rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)
Each country is studied in detail, and the study includes qualitative and quantitative analysis of the Tire Cord Fabrics Market in that country.
North America
North America dominates the tyre cord fabric market, with the United States and Canada leading the way. Because of the region’s booming automotive industry, there is a high demand for high-quality tyre cord fabrics. North American manufacturers are focusing on new product development and technological advancements to gain a competitive edge in the market. Strict regulations governing emissions and vehicle safety are another factor contributing to the region’s growing demand for tyre cord fabrics.
Europe
Europe is another significant region in the market for tyre cord textiles, with countries like Germany, France, and the United Kingdom setting the pace for growth. The presence of major automakers and a strong emphasis on sustainability in Europe are driving the need for durable and eco-friendly tyre cord fabrics. The market in the area is also expanding as a result of increased funding for R&D initiatives aimed at improving the performance of tyre cord fabric.
Asia-Pacific
Asia Pacific is still a major player in the global market for tyre cord textiles, with countries like China, Japan, and India leading the way. The region benefits from the rapid expansion of the automotive sector and the growing demand for both passenger and commercial vehicles. Advantageous government initiatives that encourage the use of environmentally friendly materials in tyre manufacturing have further increased demand for high-end tyre cord textiles in Asia Pacific. The vast number of tyre cord fabric manufacturers in countries like China further contributes to the growth of the regional market.
Middle East and Africa
The Middle East is turning into a significant market for tyre cord fabrics, thanks to notable growth in countries like Saudi Arabia, the United Arab Emirates, and Qatar. Because of the region’s strategic location and growing infrastructure and construction sectors, which raise demand for heavy-duty tyres, dependable tyre cord textiles are in high demand. Additionally, manufacturers have opportunities to introduce innovative, eco-friendly tyre cord fabrics due to the Middle East’s growing emphasis on sustainable practices and green technology.
The research provides answers to the following key questions:
- What is the expected growth rate of the Tire Cord Fabrics Market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Tire Cord Fabrics Market?
- What are the prominent market trends influencing the market’s development?
Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Tire Cord Fabrics Market business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things
1) On request more company profiles (competitors)
2) Data about particular country or region
3) We will incorporate the same with no additional cost (Post conducting feasibility).
Any Requirement Contact us: https://forinsightsconsultancy.com/contact-us/
Table of Contents
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