Tire cords are reinforcement used to maintain the shape of a tire. They are made primarily of polyester, nylon, aramid and rayon.Tire cords with higher rigidity give the vehicle better handling and stability. Those with lower rigidity provide a more comfortable ride.
This report contains market size and forecasts of Tire Cords in global, including the following market information:
Global Tire Cords Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tire Cords Market Sales, 2017-2022, 2023-2028, (Square Meter)
Global top five Tire Cords companies in 2021 (%)
The global Tire Cords market was valued at 5516.5 million in 2021 and is projected to reach US$ 7189.7 million by 2028, at a CAGR of 3.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Polyester Tire Cord Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tire Cords include Kolon Industries, Oriental Industries, Toray Hybrid Cord, Inc, Bekaert, Century Enka Limited, Cordenka GmbH and Co Kg, Formosa Taffeta Co., Ltd, Hyosung Corporation and Indorama Ventures Public Company Limited, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tire Cords manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tire Cords Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Square Meter)
Global Tire Cords Market Segment Percentages, by Type, 2021 (%)
Polyester Tire Cord
Hybrid Tire Cord
Global Tire Cords Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Square Meter)
Global Tire Cords Market Segment Percentages, by Application, 2021 (%)
Radial Tires for Passenger Cars
Premium Tires
Global Tire Cords Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Square Meter)
Global Tire Cords Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tire Cords revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tire Cords revenues share in global market, 2021 (%)
Key companies Tire Cords sales in global market, 2017-2022 (Estimated), (Square Meter)
Key companies Tire Cords sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kolon Industries
Oriental Industries
Toray Hybrid Cord, Inc
Bekaert
Century Enka Limited
Cordenka GmbH and Co Kg
Formosa Taffeta Co., Ltd
Hyosung Corporation
Indorama Ventures Public Company Limited
Xingda International
Kordarna Plus A.s
Kordsa Global Endustriyel Iplik Ve Kord Bezi Sanayi Ve Ticaret As
SRF Limited
Teijin Limited