Global Tire Cord And Tire Fabrics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Steel Cords, Nylon Dipped Cords, Polyester Cords, Rayon Cords, and Others

By Tire Type;

Radial and Bias

By Vehicle Type;

Off-Road Vehicles, Bicycles, Personal Vehicles, Light Commercial Vehicles, and Two-Wheelers

By Application;

OEM and Replacement

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn850176999 Published Date: May, 2025 Updated Date: June, 2025

Tire Cord And Tire Fabrics Market Overview

Tire Cord And Tire Fabrics Market (USD Million)

Tire Cord And Tire Fabrics Market was valued at USD 5,356.17 million In the year 2024. The size of this market is expected to increase to USD 7,587.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.


Global Tire Cord And Tire Fabrics Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.1 %
Market Size (2024)USD 5,356.17 Million
Market Size (2031)USD 7,587.06 Million
Market ConcentrationMedium
Report Pages370
5,356.17
2024
7,587.06
2031

Major Players

  • Tokusen U.S.A., Inc
  • Teijin Ltd
  • Kordarna Plus A.S.
  • Cordenka GmbH & Co. KG
  • Kolon Industries, Inc
  • Kordsa Global, Inc
  • Hyosung Corporation
  • SRF Ltd.
  • Milliken & Company Inc.
  • Firestone Fibers & Textile Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Tire Cord And Tire Fabrics Market

Fragmented - Highly competitive market without dominant players


The tire cord and tire fabrics market is growing steadily, propelled by the increasing requirements of the automotive and transportation sectors. These reinforcement materials are key to ensuring tire strength and performance, enabling durability under varied load conditions. Currently, over 65% of demand for advanced tire components stems from these materials, emphasizing their importance in vehicle engineering.

Shift Toward High-Strength and Heat-Resistant Materials
There is a growing preference for high-strength synthetic fibers like nylon, aramid, and polyester due to their excellent wear and thermal resistance. Nearly 55% of tire fabric usage now involves these fibers, reflecting their critical role in enhancing longevity and structural integrity. This shift aligns with industry goals of improving tire safety and handling across diverse terrains.

Eco-Friendly Innovations Driving Market Transformation
Sustainability is playing an increasingly important role in material selection, with manufacturers incorporating lightweight and eco-friendly alternatives into tire production. Around 30% of recent product launches include recyclable or bio-based tire fabrics, aimed at reducing environmental impact and improving vehicle efficiency. This trend supports greener mobility solutions without compromising material performance.

Advanced Engineering Enhancing Product Quality
The market is witnessing significant technological progress, especially in fabric construction and bonding techniques. Techniques like hybrid composite layering and enhanced adhesion coatings are improving the mechanical and chemical performance of tire reinforcements. Over 40% of current innovation efforts in the field focus on boosting material functionality and reliability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Tire Type
    3. Market Snapshot, By Vehicle Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Tire Cord And Tire Fabrics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in global vehicle production
        2. Demand for high-performance radial tires
        3. Rising commercial transportation activities
        4. Emphasis on fuel-efficient tire designs
      2. Restraints
        1. Volatility in raw material costs
        2. Intense competition among manufacturers
        3. Strict environmental compliance requirements
        4. Decline in traditional tire replacements
      3. Opportunities
        1. Innovation in sustainable tire fabrics
        2. Expansion in electric vehicle components
        3. Rising demand for lightweight reinforcements
        4. Growth in off-road and specialty tires
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Tire Cord And Tire Fabrics Market, By Product , 2021 - 2031 (USD Million)
      1. Steel Cords
      2. Nylon Dipped Cords
      3. Polyester Cords
      4. Rayon Cords
      5. Others
    2. Tire Cord And Tire Fabrics Market, By Tire Type , 2021 - 2031 (USD Million)
      1. Radial
      2. Bias
    3. Tire Cord And Tire Fabrics Market, By Vehicle Type , 2021 - 2031 (USD Million)
      1. Off-Road Vehicles
      2. Bicycles
      3. Personal Vehicles
      4. Light Commercial Vehicles
      5. Two-Wheelers
    4. Tire Cord And Tire Fabrics Market, By Application , 2021 - 2031 (USD Million)
      1. OEM
      2. Replacement
    5. Tire Cord And Tire Fabrics Market, By Geography , 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Tokusen U.S.A., Inc
      2. Teijin Ltd
      3. Kordarna Plus A.S.
      4. Cordenka GmbH & Co. KG
      5. Kolon Industries, Inc
      6. Kordsa Global, Inc
      7. Hyosung Corporation
      8. SRF Ltd.
      9. Milliken & Company Inc.
      10. Firestone Fibers & Textile Company
  7. Analyst Views
  8. Future Outlook of the Market