Tire Cord Fabrics Market 2025-2029
The tire cord fabrics market is forecasted to grow by USD 135.2 mn during 2024-2029, accelerating at a CAGR of 1% during the forecast period. The report on the tire cord fabrics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of automobile buyers, performance advantages of tire cord fabrics, and advancements in tire manufacturing technology.
Technavio's tire cord fabrics market is segmented as below:
By Application
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing demand for and sales of electric vehicles globally as one of the prime reasons driving the tire cord fabrics market growth during the next few years. Also, eu regulations on tire pressure monitoring system and increasing mergers and acquisitions will lead to sizable demand in the market.
The report on the tire cord fabrics market covers the following areas:
- Tire Cord Fabrics Market sizing
- Tire Cord Fabrics Market forecast
- Tire Cord Fabrics Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tire cord fabrics market vendors that include Asahi Kasei Corp., Benninger AG, Century Enka Ltd., COLMANT COATED FABRICS, Cordenka GmbH and Co. KG, Hyosung Corp., Indorama Ventures Public Co. Ltd., Junma Tyre Cord Co. Ltd., Kolon Industries Inc., Kordsa Teknik Tekstil AS, Madura Industrial Textiles Ltd., Milliken and Co., NV Bekaert SA, Sohrab Group, SRF Ltd., Teijin Ltd., and Toray Industries Inc.. Also, the tire cord fabrics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.