Tire Cord And Tire Fabrics Market
By Product;
Nylon Dipped Cord, Steel Cord, Rayon Cord, Polyester and OthersBy Vehicle Type;
Passenger Cars, LCVs, HCVs, Off-Road Vehicles and Two WheelersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)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%.
Tire Cord And Tire Fabrics Market
*Market size in USD million
CAGR 5.1 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 5.1 % |
| Market Size (2024) | USD 5,356.17 Million |
| Market Size (2031) | USD 7,587.06 Million |
| Market Concentration | Medium |
| Report Pages | 370 |
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
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.
Tire Cord and Tire Fabrics Market Key Takeaways
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The global tire cord and tire fabrics market was valued at approximately USD 5.79 billion in 2024 and is projected to reach USD 8.22 billion by 2030, growing at a CAGR of 6.2% from 2025 to 2030. Grand View Research
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Asia-Pacific is anticipated to be the fastest-growing region, driven by rapid industrialization, increasing vehicle production, and rising demand for replacement tires. Future Market Insights
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The nylon dipped cord segment is expected to dominate the market, holding a 38.5% share in 2025, due to its high strength and durability. Future Market Insights
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Passenger cars are projected to lead the vehicle type segment, accounting for 42.9% of the market share in 2025, driven by increased consumer demand for personal vehicles. Future Market Insights
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Technological advancements, such as the development of eco-friendly tire cord fabrics and innovations in tire manufacturing processes, are enhancing product performance and sustainability. Grand View Research
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Challenges include fluctuating raw material prices and the need for compliance with stringent environmental regulations, prompting manufacturers to innovate and optimize production processes. Future Market Insights
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Key market players include Hyosung Corporation, Kordsa Global, Kolon Industries, Inc., and Toray Industries Inc., focusing on product innovation and strategic partnerships to strengthen their market position. Future Market Insights
Tire Cord And Tire Fabrics Market Recent Developments
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In January 2023, Century Enka Limited commenced the commercialization of a nylon tire cord fabric crafted entirely from fully recycled nylon waste. This eco-friendly material is set to be utilized by Apollo Tyres Ltd. across various product lines, marking a significant step towards sustainable practices in the tire manufacturing industry.
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In April 2023, Kordsa Teknik Tekstil A.Ş. announced a $50 million investment to expand its production facility in Tennessee, U.S.. The expansion aims to enhance the factory's manufacturing capacity, enabling local production of tire cord fabric to better serve tire manufacturers in the U.S. market.
Tire Cord And Tire Fabrics Market Segment Analysis
In this report, the Tire Cord And Tire Fabrics Market has been segmented by Product, Vehicle Type and Geography.
Tire Cord And Tire Fabrics Market, Segmentation by Product
Product selection determines rolling resistance, durability, and ride comfort, shaping OEM sourcing strategies and replacement-market economics. Advances include surface activation, resorcinol–formaldehyde-free (RFL-free) dips, and hybrid cords to balance strength with fatigue resistance—core drivers for extended warranties and lower lifecycle costs. Vendors differentiate through process control, traceability, and recycling-readiness to mitigate challenges around regulations and end-of-life stewardship.
Nylon Dipped Cord
Nylon dipped cords offer high impact resistance and superior fatigue life, making them suitable for cap plies and heavy-duty applications. Drivers include robustness under dynamic loads and thermal stability at highway speeds. Key challenges involve moisture sensitivity and shrinkage control, which suppliers counter with tailored dip chemistries and post-stretch conditioning.
Steel Cord
Steel cord remains the backbone for belt and carcass structures in performance and commercial tires, delivering unmatched tensile strength. OEM programs emphasize belt-edge durability and high-speed stability as primary drivers for premium fitments. To overcome challenges such as weight and corrosion risk, manufacturers deploy brass/bronze coatings, optimised filament counts, and hybrid steel–polymer designs.
Rayon Cord
Rayon cord provides dimensional stability and heat resistance, historically favored in high-performance and specialty tires. Its drivers include consistent modulus and good adhesion in demanding curing cycles. Addressing challenges of supply concentration and cost, producers focus on process yields, alternative feedstocks, and selective application in niche SKUs.
Polyester
Polyester is widely used for passenger tire carcasses due to its cost-performance balance, low creep, and ease of processing. Drivers include stable sourcing, compatibility with modern RFL alternatives, and good rolling-resistance profiles. To manage challenges like thermal shrinkage and adhesion fatigue, vendors apply low-shrink grades and plasma or epoxy-based surface activation.
Others
“Others” encompasses aramid, PEN, and emerging bio-based fibers tailored for ultra-lightweight or extreme-service tires. Innovation drivers involve weight reduction, puncture resistance, and high-temperature operation in EV and high-load segments. Market challenges center on cost and scale; alliances with OEMs and Tier-1s support pilot lines and co-development roadmaps.
Tire Cord And Tire Fabrics Market, Segmentation by Vehicle Type
Vehicle categories reflect distinct duty cycles and regulatory contexts, shaping cord selection and ply constructions. Electrification, autonomous systems, and connected fleets are important drivers that raise demands on NVH, load indices, and thermal management. Suppliers address challenges such as higher tire weights and torque spikes through reinforced belt packages, cap ply optimization, and advanced adhesion systems.
Passenger Cars
Passenger car tires emphasize comfort, fuel economy, and wet grip, with polyester carcasses and steel belts as common constructions. Drivers include OE labeling targets and warranty extensions that require fatigue-resistant fabrics. Challenges around EV torque and added mass are met with stronger cap plies, low-shrink cords, and optimized cord angles.
LCVs
Light commercial vehicles demand durability under mixed urban–regional routes, favoring steel and high-tenacity nylon solutions. Fleet TCO reduction is a principal driver, pushing retreadability and cut resistance. Addressing challenges from curb impacts and heat buildup, vendors deliver reinforced sidewall fabrics and heat-resistant dips.
HCVs
Heavy commercial vehicles operate at high loads and long mileages, relying on steel cord dominance and robust carcass plies. Drivers include uptime, retread cycles, and casing value, enforced by fleet service agreements. Manufacturers tackle challenges like belt-edge separation through enhanced adhesion promoters and multi-step stress-relief treatments.
Off-Road Vehicles
Off-road tires require exceptional cut, chip, and impact resistance for mining, agriculture, and construction use. Drivers center on productivity and downtime avoidance, prompting hybrid steel–textile packages. To offset challenges from harsh terrain and variable loads, suppliers introduce aramid reinforcements and protective gum layers.
Two Wheelers
Two-wheeler tires value lightweight fabrics, comfort, and cornering stability with tailored nylon and polyester constructions. Drivers include urban mobility growth and fuel efficiency, while safety standards add compliance pressure. Addressing challenges like heat in high-speed segments, producers optimize cord density, angles, and dip systems.
Tire Cord And Tire Fabrics Market, Segmentation by Geography
In this report, the Tire Cord And Tire Fabrics Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America benefits from established OE programs, retread ecosystems, and stringent safety standards as strong drivers. Investments in EV platforms shift demand toward higher-strength, thermally stable cords for reduced rolling resistance. To address challenges in labor and logistics, suppliers expand regional dipping capacity and digital quality control.
Europe
Europe emphasizes eco-labeling, noise limits, and circularity, steering adoption of RFL-free adhesion systems and recyclable fabrics. OEM partnerships focus on lightweighting and high-speed performance as regulatory drivers tighten. Suppliers navigate challenges from energy costs by modernizing lines and leveraging renewable power purchase agreements.
Asia Pacific
Asia Pacific leads in volume with expanding passenger and commercial vehicle production and robust export hubs. Localized fiber spinning and steel cord production are pivotal drivers for cost competitiveness and supply security. Managing challenges of rapid model proliferation, vendors co-develop platform-specific constructions with regional OEMs.
Middle East & Africa
Middle East & Africa demand is shaped by off-road, construction, and logistics needs across diverse climates. Infrastructure spending and fleet upgrades act as drivers for durable fabric solutions with enhanced heat and cut resistance. To overcome challenges of distribution and service coverage, manufacturers strengthen dealer networks and technical training.
Latin America
Latin America shows steady replacement demand and selective OE investments, with resilience as a key driver for commercial and agricultural applications. Suppliers counter challenges such as currency fluctuations and tariff shifts through localized finishing, flexible contracts, and joint ventures. Attention to retread-friendly carcass designs supports total-cost-of-ownership goals for fleets.
Tire Cord And Tire Fabrics Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Tire Cord And Tire Fabrics Market. These factors include; Market Drivers, Restraints and Opportunities Analysis
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growth in global vehicle production
- Demand for high-performance radial tires
- Rising commercial transportation activities
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Emphasis on fuel-efficient tire designs - Fuel-efficient tire designs are driving strong demand for advanced materials in the tire cord and tire fabrics market. As automakers prioritize reducing rolling resistance to improve fuel economy, there is growing use of lightweight, high-strength reinforcement materials that maintain structural integrity while minimizing energy loss. This trend supports global goals for lower emissions and fuel consumption across vehicle segments.
Materials like polyester, nylon, rayon, and aramid cords are gaining traction for their ability to deliver superior handling, reduced weight, and extended tread life. These features align with stricter environmental standards, making them integral to enhancing vehicle efficiency and sustainability. Their tensile strength without added mass is critical for next-generation tire technologies.
Optimized cord constructions are enabling improvements in cornering stability, load support, and thermal resistance, which are vital for modern passenger vehicles, commercial fleets, and electric vehicles (EVs). Collaboration between tire manufacturers and automotive OEMs is advancing tire technologies that meet evolving performance and efficiency benchmarks.
With EV adoption on the rise, the emphasis on low rolling resistance has intensified. This places high-performance reinforcement solutions at the forefront of tire innovation. As both regulatory standards and consumer expectations continue to focus on fuel efficiency, the demand for specialized tire cords and fabrics is expected to rise steadily.
Restraints:
- Volatility in raw material costs
- Intense competition among manufacturers
- Strict environmental compliance requirements
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Decline in traditional tire replacements - Reduced frequency of traditional tire replacements is emerging as a significant constraint in the tire cord and tire fabrics market. Advances in tire technology and material composition have led to longer-lasting tires, particularly in the passenger vehicle segment. This has resulted in slower aftermarket demand for reinforcement materials traditionally used in frequent replacement cycles.
Innovations such as run-flat, self-healing, and wear-resistant tires are extending tire longevity, especially in urban areas with predictable usage patterns. These technologies reduce wear rates and diminish the volume of replacement sales, impacting revenue streams for cord and fabric suppliers that depend on aftermarket activity.
Shifts in transportation habits, including the growth of ride-sharing and fleet-based mobility services, further reduce tire turnover. These vehicles often follow planned maintenance schedules, optimizing tire lifespan and limiting the frequency of reinforcement material purchases.
Unless offset by increased demand from OEM production or specialty tire applications, the drop in replacement-driven consumption could constrain long-term growth for the market. To remain competitive, suppliers will need to diversify into emerging segments and value-added technologies that are less reliant on traditional replacement patterns.
Opportunities:
- Innovation in sustainable tire fabrics
- Expansion in electric vehicle components
- Rising demand for lightweight reinforcements
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Growth in off-road and specialty tires - Rapid growth in the off-road and specialty tire segment is creating strong opportunities for the tire cord and tire fabrics market. Tires used in sectors such as construction, mining, agriculture, and aviation demand reinforcement materials that can endure extreme pressure, abrasive conditions, and high load cycles. These applications require high-strength cords that deliver reliable performance under harsh operating environments.
Advanced reinforcement materials such as steel, aramid, and rayon are increasingly being adopted in specialty tires for military vehicles, earthmovers, and all-terrain vehicles. These materials provide superior puncture resistance, heat stability, and tensile strength, making them critical for safety and longevity in heavy-duty applications.
With global infrastructure projects expanding and industrial operations moving into more rugged terrains, the need for durable and customized tire solutions is on the rise. Manufacturers are responding by developing application-specific reinforcement technologies that enhance tire reliability and lifespan in demanding environments.
Collaborations between tire producers and material suppliers are intensifying as the market shifts toward high-value, specialized mobility applications. This trend is positioning the off-road and specialty segment as a key area for growth in the global tire cord and tire fabrics industry.
Tire Cord And Tire Fabrics Market Competitive Landscape Analysis
Tire Cord And Tire Fabrics Market is witnessing a highly competitive environment as companies intensify their focus on quality, cost-efficiency, and sustainability. With over 60% of demand concentrated in performance-driven applications, firms are adopting aggressive strategies to strengthen their positioning. Consolidation through collaboration, merger, and long-term partnerships is reshaping the industry and fueling significant growth.
Market Structure and Concentration
The market reflects a moderately consolidated structure where a few players hold close to 45% share, driving strong influence on supply chains. Companies are leveraging strategies to optimize production and secure contracts with major tire manufacturers. Competitive intensity remains high as innovation and expansion dominate corporate objectives in this sector.
Brand and Channel Strategies
Leading players are emphasizing distinct brand positioning supported by efficient channel strategies. Nearly 55% of manufacturers focus on direct supply contracts with OEMs, while the rest rely on distributor networks. Enhanced partnerships and customer-centric approaches ensure greater visibility and improve competitive growth momentum.
Innovation Drivers and Technological Advancements
More than 40% of market players are investing heavily in technological advancements that focus on durability, eco-friendly materials, and reduced rolling resistance. Innovation-led strategies are reshaping performance standards, with companies pursuing collaborative research and partnerships. This trend accelerates the pace of growth while strengthening competitiveness in the evolving tire industry.
Regional Momentum and Expansion
The industry shows strong regional momentum, with Asia-Pacific contributing over 50% of demand due to large-scale tire manufacturing clusters. Companies are implementing expansion strategies through joint ventures and localized production. Regional collaboration drives cost optimization, while partnerships with regional distributors strengthen growth prospects across multiple geographies.
Future Outlook
The future outlook of the market highlights continued focus on sustainable manufacturing and advanced materials. Nearly 65% of industry leaders plan innovation-driven investments to maintain competitiveness. Strategic partnerships, supply chain integration, and targeted expansion are expected to redefine market positioning and deliver consistent long-term growth in the tire cord and tire fabrics sector.
Key players in Tire Cord And Tire Fabrics Market include:
- Hyosung Corporation
- Kordsa Global, Inc.
- Kolon Industries, Inc.
- Indorama Ventures
- SRF Ltd.
- TEIJIN (Teijin Frontier)
- BASF SE
- Arkema S.A.
- SGL Carbon
- Solvay S.A.
- Mitsubishi Rayon / Mitsubishi Chemical
- Cordenka GmbH & Co.
- Milliken & Company
- Firestone Fibers & Textiles
- Kordarna Plus
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Region
- Tire Cord And Tire Fabrics Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growth in global vehicle production
- Demand for high-performance radial tires
- Rising commercial transportation activities
- Emphasis on fuel-efficient tire designs
- Restraints
- Volatility in raw material costs
- Intense competition among manufacturers
- Strict environmental compliance requirements
- Decline in traditional tire replacements
- Opportunities
- Innovation in sustainable tire fabrics
- Expansion in electric vehicle components
- Rising demand for lightweight reinforcements
- Growth in off-road and specialty tires
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Tire Cord And Tire Fabrics Market, By Product, 2021 - 2031 (USD Million)
- Nylon Dipped Cord
- Steel Cord
- Rayon Cord
- Polyester
- Others
- Tire Cord And Tire Fabrics Market, By Vehicle Type, 2021 - 2031 (USD Million)
- Passenger Cars
- LCVs
- HCVs
- Off-Road Vehicles
- Two Wheelers
- Tire Cord And Tire Fabrics Market, By Geography , 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Tire Cord And Tire Fabrics Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Hyosung Corporation
- Kordsa Global, Inc.
- Kolon Industries, Inc.
- Indorama Ventures
- SRF Ltd.
- TEIJIN (Teijin Frontier)
- BASF SE
- Arkema S.A.
- SGL Carbon
- Solvay S.A.
- Mitsubishi Rayon / Mitsubishi Chemical
- Cordenka GmbH & Co.
- Milliken & Company
- Firestone Fibers & Textiles
- Kordarna Plus
- Company Profiles
- Analyst Views
- Future Outlook of the Market

