Report banner
Tire Cord & Tire Fabrics Market
Updated On

Jan 24 2025

Total Pages

200

Tire Cord & Tire Fabrics Market Future-Proof Strategies: Market Trends 2025-2033

Tire Cord & Tire Fabrics Market by Product (Nylon Dipped Cord, Steel Cord, Rayon Cord, Polyester, Others), by Vehicle Type (Passenger Car, LCV, HCV, Off-road Vehicles, Two Wheelers), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Netherlands, Sweden, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Thailand, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Rest of Latin America), by MEA (Saudi Arabia, UAE, South Africa, Egypt, Nigeria, Rest of MEA) Forecast 2025-2033

Publisher Logo

Tire Cord & Tire Fabrics Market Future-Proof Strategies: Market Trends 2025-2033




Key Insights

The size of the Tire Cord & Tire Fabrics Market was valued at USD 4,615.9 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.4% during the forecast period.The Tire Cord & Tire Fabrics market revolves around the production of materials used in tire manufacturing, such as tire cords and fabrics, which reinforce the tire’s structure to ensure strength, durability, and high performance. These materials are typically made from various fibers, including steel, nylon, polyester, and aramid, to improve the tire's resistance to wear, heat, and pressure. The market is driven by the increasing demand for vehicles, particularly in developing regions, and the need for durable, high-performance tires that meet safety and regulatory standards. Innovations in this sector include the development of lightweight materials that enhance fuel efficiency while maintaining tire strength, as well as the creation of sustainable, eco-friendly tire fabrics in response to growing consumer demand for environmentally friendly products. Research is focused on improving tire cords and fabrics by increasing their heat and wear resistance and reducing overall tire weight. However, the market faces challenges such as fluctuating raw material prices, complex manufacturing processes, and the need to comply with strict environmental standards. Additionally, competition from alternative tire materials and technologies is another hurdle. Despite these challenges, the Tire Cord & Tire Fabrics market is expected to expand due to the continued growth in vehicle production and advancements in tire technology and materials.

Tire Cord & Tire Fabrics Market Research Report - Market Size, Growth & Forecast

Tire Cord & Tire Fabrics Market Concentration & Characteristics

The tire cord & tire fabrics market is moderately concentrated, with a few dominant players controlling a significant market share. These companies have invested heavily in research and development to enhance performance and durability, leading to continuous innovation in the industry. Additionally, the market is characterized by increasing automation in manufacturing, which improves efficiency and reduces production costs. Stringent regulations on environmental impact also play a role in the market dynamics, as manufacturers are required to adhere to sustainability standards.

Tire Cord & Tire Fabrics Market Trends

Several key trends are shaping the tire cord & tire fabrics market:

  • Adoption of lightweight and high-strength materials: To meet the growing demand for fuel-efficient vehicles, manufacturers are adopting lightweight and high-strength materials for tire cords and fabrics. These materials offer improved performance and durability while reducing the weight of the vehicle, contributing to better fuel efficiency.
  • Integration of advanced technologies: Advancements in technology are being integrated into tire cords and fabrics. These include the use of GPS and sensors to monitor tire performance, adjust settings, and improve vehicle safety. Such innovations enhance the overall driving experience and contribute to the growth of the market.
  • Focus on sustainability and environmental friendliness: Environmental concerns are driving the demand for sustainable and eco-friendly tire cords and fabrics. Manufacturers are adopting processes that reduce the environmental impact of production and using recyclable materials to create more environmentally friendly products.
  • Growing popularity of electric vehicles: The increasing popularity of electric vehicles is also driving demand for specialized tire cords and fabrics. Electric vehicles require tires that can handle the unique torque and weight distribution of these vehicles. Specific tire cord and fabric designs are being developed to meet these requirements.

Key Region or Country & Segment to Dominate the Market

Asia Pacific is the largest regional market, accounting for over 50% of the global demand, driven by the growing automotive industry in China and India. Nylon dipped cord is the dominant product type in all regions, while passenger cars are the largest vehicle type.

Tire Cord & Tire Fabrics Market Product Insights Report Coverage & Deliverables

The report provides comprehensive coverage of the Tire Cord & Tire Fabrics Market, including market size, growth, trends, competitive landscape, and regional insights. It also offers tailored deliverables to meet specific client requirements.

Tire Cord & Tire Fabrics Market Analysis

The market size and growth are analyzed across different product types, vehicle types, and regions. Market share analysis provides insights into the competitive landscape, while growth analysis highlights emerging opportunities.

Tire Cord & Tire Fabrics Market Regional Insights

  • North America: The mature market is experiencing steady growth, driven by increasing demand for premium tires.
  • Europe: A well-established market, focusing on innovation and sustainability.
  • Asia Pacific: The largest and fastest-growing region, driven by the expansion of the automotive industry.
  • Latin America: A growing market with potential for expansion, particularly in Brazil and Mexico.
  • MEA: A region with emerging markets and significant potential for growth.

Tire Cord & Tire Fabrics Market Regional Share

Driving Forces: What's Propelling the Tire Cord & Tire Fabrics Market

  • Increasing demand for lightweight and fuel-efficient vehicles
  • Growing preference for radial tires
  • Rising safety concerns
  • Expanding automotive industry
  • Technological advancements

Challenges and Restraints in Tire Cord & Tire Fabrics Market

  • Fluctuating raw material prices
  • Environmental regulations
  • Competition from alternative materials

Emerging Trends in Tire Cord & Tire Fabrics Market

  • Adoption of lightweight and high-strength materials
  • Integration of advanced technologies
  • Focus on sustainability and environmental friendliness

Market Segmentation: Tire Cord & Tire Fabrics

Product:

  • Nylon Dipped Cord
  • Steel Cord
  • Rayon Cord
  • Polyester
  • Others

Vehicle Type:

  • Passenger Car
  • LCV
  • HCV
  • Off-road Vehicles
  • Two Wheelers

Tire Cord & Tire Fabrics Industry News

  • Kordsa Invests in New Production Line: https://www.kordsa.com/en/news/2023/kordsa-invests-in-new-production-line
  • BASF to Expand Tire Cord Capacity: https://www.basf.com/global/en/media/news-releases/2022/05/basf-to-expand-tire-cord-capacity.html
  • Arkema to Acquire Jilin University's Tire Cord Business: https://www.arkema.com/en/news-and-media/news-releases/arkema-to-acquire-jilin-universitys-tire-cord-business/

Leading Players in the Tire Cord & Tire Fabrics Market



Tire Cord & Tire Fabrics Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 6.4% from 2019-2033
Segmentation
    • By Product
      • Nylon Dipped Cord
      • Steel Cord
      • Rayon Cord
      • Polyester
      • Others
    • By Vehicle Type
      • Passenger Car
      • LCV
      • HCV
      • Off-road Vehicles
      • Two Wheelers
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Netherlands
      • Sweden
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Thailand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Colombia
      • Rest of Latin America
    • MEA
      • Saudi Arabia
      • UAE
      • South Africa
      • Egypt
      • Nigeria
      • Rest of MEA


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1 Robust growth in automotive industry in Asia Pacific
        • 3.2.2 Growing demand for radial tires will augment the market growth
        • 3.2.3 Development of innovative tires
      • 3.3. Market Restrains
        • 3.3.1. Fluctuating raw material cost
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Tire Cord & Tire Fabrics Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Product
      • 5.1.1. Nylon Dipped Cord
      • 5.1.2. Steel Cord
      • 5.1.3. Rayon Cord
      • 5.1.4. Polyester
      • 5.1.5. Others
    • 5.2. Market Analysis, Insights and Forecast - by Vehicle Type
      • 5.2.1. Passenger Car
      • 5.2.2. LCV
      • 5.2.3. HCV
      • 5.2.4. Off-road Vehicles
      • 5.2.5. Two Wheelers
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1. North America
      • 5.3.2. Europe
      • 5.3.3. Asia Pacific
      • 5.3.4. Latin America
      • 5.3.5. MEA
  6. 6. North America Tire Cord & Tire Fabrics Market Analysis, Insights and Forecast, 2019-2031
    • 6.1. Market Analysis, Insights and Forecast - by Product
      • 6.1.1. Nylon Dipped Cord
      • 6.1.2. Steel Cord
      • 6.1.3. Rayon Cord
      • 6.1.4. Polyester
      • 6.1.5. Others
    • 6.2. Market Analysis, Insights and Forecast - by Vehicle Type
      • 6.2.1. Passenger Car
      • 6.2.2. LCV
      • 6.2.3. HCV
      • 6.2.4. Off-road Vehicles
      • 6.2.5. Two Wheelers
  7. 7. Europe Tire Cord & Tire Fabrics Market Analysis, Insights and Forecast, 2019-2031
    • 7.1. Market Analysis, Insights and Forecast - by Product
      • 7.1.1. Nylon Dipped Cord
      • 7.1.2. Steel Cord
      • 7.1.3. Rayon Cord
      • 7.1.4. Polyester
      • 7.1.5. Others
    • 7.2. Market Analysis, Insights and Forecast - by Vehicle Type
      • 7.2.1. Passenger Car
      • 7.2.2. LCV
      • 7.2.3. HCV
      • 7.2.4. Off-road Vehicles
      • 7.2.5. Two Wheelers
  8. 8. Asia Pacific Tire Cord & Tire Fabrics Market Analysis, Insights and Forecast, 2019-2031
    • 8.1. Market Analysis, Insights and Forecast - by Product
      • 8.1.1. Nylon Dipped Cord
      • 8.1.2. Steel Cord
      • 8.1.3. Rayon Cord
      • 8.1.4. Polyester
      • 8.1.5. Others
    • 8.2. Market Analysis, Insights and Forecast - by Vehicle Type
      • 8.2.1. Passenger Car
      • 8.2.2. LCV
      • 8.2.3. HCV
      • 8.2.4. Off-road Vehicles
      • 8.2.5. Two Wheelers
  9. 9. Latin America Tire Cord & Tire Fabrics Market Analysis, Insights and Forecast, 2019-2031
    • 9.1. Market Analysis, Insights and Forecast - by Product
      • 9.1.1. Nylon Dipped Cord
      • 9.1.2. Steel Cord
      • 9.1.3. Rayon Cord
      • 9.1.4. Polyester
      • 9.1.5. Others
    • 9.2. Market Analysis, Insights and Forecast - by Vehicle Type
      • 9.2.1. Passenger Car
      • 9.2.2. LCV
      • 9.2.3. HCV
      • 9.2.4. Off-road Vehicles
      • 9.2.5. Two Wheelers
  10. 10. MEA Tire Cord & Tire Fabrics Market Analysis, Insights and Forecast, 2019-2031
    • 10.1. Market Analysis, Insights and Forecast - by Product
      • 10.1.1. Nylon Dipped Cord
      • 10.1.2. Steel Cord
      • 10.1.3. Rayon Cord
      • 10.1.4. Polyester
      • 10.1.5. Others
    • 10.2. Market Analysis, Insights and Forecast - by Vehicle Type
      • 10.2.1. Passenger Car
      • 10.2.2. LCV
      • 10.2.3. HCV
      • 10.2.4. Off-road Vehicles
      • 10.2.5. Two Wheelers
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2024
      • 11.2. Company Profiles
        • 11.2.1 Kemrock Industries and Exports Limited
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Kordsa Global Inc.
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 BASF SE
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Arkema S.A
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 SGL Carbon SE
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Solvay S.A.
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Kolon Industries Inc.
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Mitsubishi Rayon Co. Ltd
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Hyosung Corporation
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Toray Industries Inc.
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global Tire Cord & Tire Fabrics Market Revenue Breakdown (Million, %) by Region 2024 & 2032
  2. Figure 2: North America Tire Cord & Tire Fabrics Market Revenue (Million), by Product 2024 & 2032
  3. Figure 3: North America Tire Cord & Tire Fabrics Market Revenue Share (%), by Product 2024 & 2032
  4. Figure 4: North America Tire Cord & Tire Fabrics Market Revenue (Million), by Vehicle Type 2024 & 2032
  5. Figure 5: North America Tire Cord & Tire Fabrics Market Revenue Share (%), by Vehicle Type 2024 & 2032
  6. Figure 6: North America Tire Cord & Tire Fabrics Market Revenue (Million), by Country 2024 & 2032
  7. Figure 7: North America Tire Cord & Tire Fabrics Market Revenue Share (%), by Country 2024 & 2032
  8. Figure 8: Europe Tire Cord & Tire Fabrics Market Revenue (Million), by Product 2024 & 2032
  9. Figure 9: Europe Tire Cord & Tire Fabrics Market Revenue Share (%), by Product 2024 & 2032
  10. Figure 10: Europe Tire Cord & Tire Fabrics Market Revenue (Million), by Vehicle Type 2024 & 2032
  11. Figure 11: Europe Tire Cord & Tire Fabrics Market Revenue Share (%), by Vehicle Type 2024 & 2032
  12. Figure 12: Europe Tire Cord & Tire Fabrics Market Revenue (Million), by Country 2024 & 2032
  13. Figure 13: Europe Tire Cord & Tire Fabrics Market Revenue Share (%), by Country 2024 & 2032
  14. Figure 14: Asia Pacific Tire Cord & Tire Fabrics Market Revenue (Million), by Product 2024 & 2032
  15. Figure 15: Asia Pacific Tire Cord & Tire Fabrics Market Revenue Share (%), by Product 2024 & 2032
  16. Figure 16: Asia Pacific Tire Cord & Tire Fabrics Market Revenue (Million), by Vehicle Type 2024 & 2032
  17. Figure 17: Asia Pacific Tire Cord & Tire Fabrics Market Revenue Share (%), by Vehicle Type 2024 & 2032
  18. Figure 18: Asia Pacific Tire Cord & Tire Fabrics Market Revenue (Million), by Country 2024 & 2032
  19. Figure 19: Asia Pacific Tire Cord & Tire Fabrics Market Revenue Share (%), by Country 2024 & 2032
  20. Figure 20: Latin America Tire Cord & Tire Fabrics Market Revenue (Million), by Product 2024 & 2032
  21. Figure 21: Latin America Tire Cord & Tire Fabrics Market Revenue Share (%), by Product 2024 & 2032
  22. Figure 22: Latin America Tire Cord & Tire Fabrics Market Revenue (Million), by Vehicle Type 2024 & 2032
  23. Figure 23: Latin America Tire Cord & Tire Fabrics Market Revenue Share (%), by Vehicle Type 2024 & 2032
  24. Figure 24: Latin America Tire Cord & Tire Fabrics Market Revenue (Million), by Country 2024 & 2032
  25. Figure 25: Latin America Tire Cord & Tire Fabrics Market Revenue Share (%), by Country 2024 & 2032
  26. Figure 26: MEA Tire Cord & Tire Fabrics Market Revenue (Million), by Product 2024 & 2032
  27. Figure 27: MEA Tire Cord & Tire Fabrics Market Revenue Share (%), by Product 2024 & 2032
  28. Figure 28: MEA Tire Cord & Tire Fabrics Market Revenue (Million), by Vehicle Type 2024 & 2032
  29. Figure 29: MEA Tire Cord & Tire Fabrics Market Revenue Share (%), by Vehicle Type 2024 & 2032
  30. Figure 30: MEA Tire Cord & Tire Fabrics Market Revenue (Million), by Country 2024 & 2032
  31. Figure 31: MEA Tire Cord & Tire Fabrics Market Revenue Share (%), by Country 2024 & 2032

List of Tables

  1. Table 1: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Product 2019 & 2032
  3. Table 3: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
  4. Table 4: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Region 2019 & 2032
  5. Table 5: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Product 2019 & 2032
  6. Table 6: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
  7. Table 7: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Country 2019 & 2032
  8. Table 8: U.S. Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  9. Table 9: Canada Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  10. Table 10: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Product 2019 & 2032
  11. Table 11: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
  12. Table 12: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Country 2019 & 2032
  13. Table 13: Germany Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  14. Table 14: UK Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  15. Table 15: France Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  16. Table 16: Italy Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  17. Table 17: Spain Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  18. Table 18: Netherlands Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  19. Table 19: Sweden Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  20. Table 20: Rest of Europe Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  21. Table 21: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Product 2019 & 2032
  22. Table 22: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
  23. Table 23: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Country 2019 & 2032
  24. Table 24: China Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  25. Table 25: India Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  26. Table 26: Japan Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  27. Table 27: South Korea Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  28. Table 28: Australia Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  29. Table 29: Singapore Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  30. Table 30: Thailand Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  31. Table 31: Rest of Asia Pacific Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  32. Table 32: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Product 2019 & 2032
  33. Table 33: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
  34. Table 34: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Country 2019 & 2032
  35. Table 35: Brazil Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  36. Table 36: Mexico Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  37. Table 37: Argentina Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  38. Table 38: Chile Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  39. Table 39: Colombia Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  40. Table 40: Rest of Latin America Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  41. Table 41: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Product 2019 & 2032
  42. Table 42: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
  43. Table 43: Global Tire Cord & Tire Fabrics Market Revenue Million Forecast, by Country 2019 & 2032
  44. Table 44: Saudi Arabia Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  45. Table 45: UAE Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  46. Table 46: South Africa Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  47. Table 47: Egypt Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  48. Table 48: Nigeria Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032
  49. Table 49: Rest of MEA Tire Cord & Tire Fabrics Market Revenue (Million) Forecast, by Application 2019 & 2032


STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Tire Cord & Tire Fabrics Market?

The projected CAGR is approximately 6.4%.

2. Which companies are prominent players in the Tire Cord & Tire Fabrics Market?

Key companies in the market include Kemrock Industries and Exports Limited, Kordsa Global, Inc., BASF SE, Arkema S.A, SGL Carbon SE, Solvay S.A., Kolon Industries, Inc., Mitsubishi Rayon Co. Ltd, Hyosung Corporation, Toray Industries Inc..

3. What are the main segments of the Tire Cord & Tire Fabrics Market?

The market segments include Product, Vehicle Type.

4. Can you provide details about the market size?

The market size is estimated to be USD 4,615.9 Million as of 2022.

5. What are some drivers contributing to market growth?

Robust growth in automotive industry in Asia Pacific. Growing demand for radial tires will augment the market growth. Development of innovative tires.

6. What are the notable trends driving market growth?

N/A

7. Are there any restraints impacting market growth?

Fluctuating raw material cost.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4,850, USD 5,350, and USD 8,350 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Tire Cord & Tire Fabrics Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Tire Cord & Tire Fabrics Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Tire Cord & Tire Fabrics Market?

To stay informed about further developments, trends, and reports in the Tire Cord & Tire Fabrics Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Discover the Latest Market Insight Reports

Access in-depth insights on industries, companies, trends, and global markets. Our expertly curated reports provide the most relevant data and analysis in a condensed, easy-to-read format.

shop image 1

About Market Insights Report

Market Insights Reports offers comprehensive market research reports and analysis, giving businesses important information about their clients, rivals, and sector to help them make well-informed decisions on operations, marketing, and business strategy. We offer a variety of services in addition to market research, data analysis, and strategy planning. In order to find opportunities and learn more about our competitors and the industry at large, we employ competitive analysis. To identify areas for development, we also evaluate our performance against that of our rivals. We can determine the places at which we can offer our clients the most value by performing value chain analysis.

Additionally, clients receive a thorough overview of their industry business environment. We can find trends that help us forecast future possibilities and threats by examining global macroeconomic dynamics and consumer behavior patterns. By analyzing their features and advantages, contrasting them with comparable items on the market, and evaluating both their quantitative and qualitative performance, we comprehensively evaluate our clients' products. This allows us to assist customers in determining how their goods compare to those of their rivals and in creating successful marketing plans. Our group has been successful in gaining a thorough grasp of our clients' requirements and offering them creative solutions. We currently provide services to more than 50 nations in Europe, the Middle East, Africa, Latin America, Asia Pacific, and North America. Because of our global reach, we have been able to establish trusting bonds with our partners and clients in various nations, improving customer service and forging a more cohesive worldwide presence.

We use cookies to enhance your experience.

By clicking "Accept All", you consent to the use of all cookies.

Customize your preferences or read our Cookie Policy.