Global Tire Cord and Tire Fabrics Market Growth 2023-2029

Global Tire Cord and Tire Fabrics Market Growth 2023-2029

Tire is one of the most complex engineered products requiring a range of raw materials such as natural rubber, artificial rubber, carbon black, cord fabric, steel and different chemicals.

Tire Cord and Tire Fabrics are reinforcing materials in the tire, providing it with dimensional stability and acting as supports for the vehicle weight. These also help to keep tires in shape in different road conditions. Tire Cord and Tire Fabrics are very important for the performance of a tire, and as a result for the vehicle as well. Different types of reinforcement constructions are required for different types of vehicles, and this depends on their respective uses and load-bearing requirements.

LPI (LP Information)' newest research report, the “Tire Cord and Tire Fabrics Industry Forecast” looks at past sales and reviews total world Tire Cord and Tire Fabrics sales in 2022, providing a comprehensive analysis by region and market sector of projected Tire Cord and Tire Fabrics sales for 2023 through 2029. With Tire Cord and Tire Fabrics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tire Cord and Tire Fabrics industry.

This Insight Report provides a comprehensive analysis of the global Tire Cord and Tire Fabrics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tire Cord and Tire Fabrics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tire Cord and Tire Fabrics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tire Cord and Tire Fabrics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tire Cord and Tire Fabrics.

The global Tire Cord and Tire Fabrics market size is projected to grow from US$ 5262 million in 2022 to US$ 6206.3 million in 2029; it is expected to grow at a CAGR of 6206.3 from 2023 to 2029.

Global Tire Cord and Tire Fabrics main players are Hyosung, Kordsa Global, Kolon Industries, Junma, Shenma, etc. Global top five manufacturers hold a share over 35%. China is the largest market, with a share nearly 40%.

This report presents a comprehensive overview, market shares, and growth opportunities of Tire Cord and Tire Fabrics market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Nylon Tire Cord and Fabrics
Polyester Tire Cord and Fabrics
Others

Segmentation by application
Bias Tire
Radial Tire (semi-steel)

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hyosung
Kordsa Global
Kolon Industries
SRF Ltd
Performance Fibers
Firestone
Maduratex
Kordarna Plus A.S.
Teijin
Milliken & Company
Far Eastern Group
Century Enka
Cordenka
Junma
Shenma
Jinlun Group
Haiyang Chemical
Xiangyu
Shifeng
Tianheng
Taiji
Dongping Jinma
Hailide
Helon Polytex
Bestory
Unifull
Jiayuan
Dikai
Ruiqi
Hesheng

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tire Cord and Tire Fabrics market?

What factors are driving Tire Cord and Tire Fabrics market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tire Cord and Tire Fabrics market opportunities vary by end market size?

How does Tire Cord and Tire Fabrics break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.