Tire Cord Fabric companies

  • Report ID: 4259
  • Published Date: Jul 29, 2025
  • Report Format: PDF, PPT

Key Tire Cord Fabric Market Players:

    The global tire cord fabric market is a highly competitive field that is characterized by a consolidated industry structure. Manufacturers such as Hyosung Advanced Materials and Kordsa have established strong market positions and leads based on their existing technological capabilities and coordinated operations globally. Strategic measures taken by manufacturers are capacity expansions, joint ventures, or acquisitions; all focused on maintaining regional presence. For example, Kordsa is focusing R&D on sustainable products focused on nylon and aramid cords, while SRF Limited is actively expanding the polyester cord business to meet demand from the Asia-Pacific. Market players are involved with vertical integrations and developing partnerships with tire OEMs for greater security over supply, improved cost-to-market efficiencies, and to address evolving regulatory confines of fuel efficiency and durable tires.

    Some of the key players operating in the market are listed below:

    Company Name

    Country of Origin

    Approx. Market Share (%)

    Hyosung Advanced Materials Corporation

    South Korea

    16

    Kordsa Teknik Tekstil A.S.

    Turkey

    11

    Teijin Frontier Co., Ltd.

    South Korea

    9

    Kolon Industries, Inc.

    South Korea

    8

    SRF Limited

    India

    7

    Century Enka Limited

    India

    xx

    Indorama Ventures (Performance Fibers)

    Thailand/USA

    xx

    Firestone Fibers & Textiles Company

    USA

    xx

    Milliken & Company

    USA

    xx

    Zhejiang Unifull Industrial Fibre Co.

    China

    xx

    Shenma Industrial Co., Ltd.

    China

    xx

    Formosa Taffeta Co., Ltd.

    Taiwan

    xx

    Far Eastern New Century Corporation

    Taiwan

    xx

    SK Chemicals Co., Ltd.

    South Korea

    xx

    Oriental Industries (Malaysia) Sdn Bhd

    Malaysia

    xx

    Here are a few areas of focus covered in the competitive landscape of the market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The tire cord fabric market size was USD 5.6 billion in 2024.

The global tire cord fabric market size was USD 5.6 billion in 2024 and is likely to reach USD 8.5 billion by the end of 2034, expanding at a CAGR of 4.5% over the forecast period, i.e., 2025-2034.

Hyosung Advanced Materials Corporation, Kordsa Teknik Tekstil A.Ş., Teijin Frontier Co., Ltd., Kolon Industries, Inc., SRF Limited, Century Enka Limited, Indorama Ventures (Performance Fibers), Firestone Fibers & Textiles Company, and Milliken & Company are some key players in the market.

The radial tires segment is expected to hold a leading share during the forecast period.

Asia Pacific is projected to offer lucrative prospects with a share of 40.3% during the forecast period.
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