Tire Cord Fabric Market Analysis

  • Report ID: 4259
  • Published Date: Aug 14, 2024
  • Report Format: PDF, PPT

Tire Cord Fabric Market Analysis

The tire cord fabric market is segmented and analyzed for demand and supply by vehicle type into passenger cars, light commercial vehicles, heavy duty vehicles, two wheelers, tractors, and others. Out of these, the passenger cars segment is anticipated to garner the highest revenue by 2036, owing to its increased sales and production worldwide. As per the International Organization of Motor Vehicle Manufacturers (OICA), in 2021, 49,761,621 new passenger cars were sold and 57,054,295 passenger cars were produced across the globe.

Our in-depth analysis of the global market includes the following segments:

          By Material

  • Polyethylene Napthalate
  • Polyester
  • Nylon
  • Rayon
  • Aramid
  • Others

          By Tire Type

  • Radial Tire
  • Bias Tire

          By Application

  • OEM
  • Replacement

          By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Duty Vehicles
  • Two Wheelers
  • Tractors
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 4259
  • Published Date: Aug 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of tire cord fabric is assessed at USD 5.67 billion.

Tire Cord Fabric Market size was over USD 5.52 billion in 2023 and is anticipated to reach USD 8.53 billion by 2036, growing at around 3.4% CAGR during the forecast period i.e., between 2024-2036. The expansion in automotive industry and the increased demand for vehicles will boost the market growth.

Asia Pacific industry is poised to dominate majority revenue share by 2036, propelled by increased demand for vehicles among the population.

The major players in the market are Indorama Ventures Public Company Limited, Kolon Industries, Inc., Mitsubishi Chemical Corporation, Hyosung Group, Toray Industries, Inc., Solvay SA, SGL CARBON SE, Bridgestone Corporation, Arkema group, KORDSA TEKNİK TEKSTİL ANONİM ŞİRKETİP, BASF and others.
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