Global Tire Cord Market – Industry Trends and Forecast to 2027

  • Chemical and Materials
  • Upcoming Report
  • May 2020
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Tire Cord Market By Material (Steel Cord, Polyester, Nylon, Rayon, Aramid, Others), Tire Type (Radial Tire, Biased Tire), Application (Aerospace, Passenger Cars, Light Commercial Vehicles, Heavy Duty Vehicles, Two Wheelers, Tractors, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027

Tire Cord Market

Market Analysis and Insights: Global Tire Cord Market

Tire cord market will reach an estimated valuation of USD 7.76 Billion by 2027, while registering this growth at a rate of 5.70% for the forecast period of 2020 to 2027. Tire cord market report analyses the growth, which is currently being growing due to the increasing demand of the construction as well as mining equipment.

Rising production of vehicles across the globe, rapid urbanization along with changing lifestyle of the people, rising preferences of high quality material are some of the factors that will likely to enhance the growth of the tire cord market in the forecast period of 2020-2027. On the other hand, growing automotive industry along with rising demand of electric vehicles which will further boost various opportunities that will lead to the growth of the tire cord market in the above mentioned forecast period. 

Fluctuating prices of raw material along with rising competition among the players which will likely to hamper the growth of the tire cord market in the above mentioned forecast period.

This tire cord market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on tire cord market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Tire Cord Market Scope and Market Size

Tire cord market is segmented on the basis of material, tire type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • On the basis of tire type, tire cord market is segmented into radial tire, and biased tire.
  • Tire cord market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for tire cord market includes aerospace, passenger cars, light commercial vehicles, heavy duty vehicles, two wheelers, tractors, and others. Others have been further segmented into three wheelers, and mining machinery.
  • Based on material, tire cord market has been segmented into steel cord, polyester, nylon, rayon, aramid, and others. Others have been further segmented into polyethylene naphthalate.

Tire Cord Market Country Level Analysis

Tire cord market is analysed and market size, volume information is provided by country material, tire type and application as referenced above.

The countries covered in the tire cord market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the tire cord market due to the growing demand of automotive vehicles in the region along with rising preferences towards electric vehicle. North America region is expected to hold the largest growth rate due to the prevalence of established market players and manufacturers.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Tire Cord Market Share Analysis

Tire cord market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to tire cord market.

The major players covered in the tire cord market report are Toray Hybrid Cord,Inc, Indorama Ventures Public Company Limited., Teijin Aramid B.V., Kolon Industries, Inc., Kordsa Teknik Tekstil A.Ş., HYOSUNG., SRF Limited, Asahi Kasei Corporation, BAYGOLD GROUP LIMITED, Century Enka Limited., COLMANT COATED FABRICS, Cordenka GmbH & Co KG, Firestone Fibers & Textiles, FORMOSA TAFFETA CO., LTD., Glanzstoff Textilcord, HANOI INDUSTRIAL TEXTILE JSC, Henan Hengxing Sciecnce & Technology Co., Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available: Global Tire Cord Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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