Tire Cord Market Size, Share, Growth Trends and Forecast Report 2023-2030

Market Overview
Tire Cord Market is estimated to grow at a CAGR of 17.6% during the forecast period 2023-2030

Tire cords support the tired used to maintain a tire's shape. Tire cords are mainly made of nylon, aramid, polyester, metal, rayon, and hybrid. These substances provide several beneficial properties: managed deformation and abrasion resistance and high tensile power, contributing to their use as middle components.

The tire cord is important in offering robust support to rubber tires. It gives guide and aids inside the renovation of tire shape, handles a vehicle's overall weight & gives elongation and absorption overall performance, for that reason, making it a critical tire detail.

Based on material type, the tire twine market is segmented into Nylon, Polyester, Rayon, Hybrid, and Polyethylene Terephthalate (PET). Nylon has proven the best marketplace increase ability because of its high tenacity, longevity, superior fatigue resistance, and accurate adhesion to rubber.

Based on the Tire class, the Radial section is developing on the fastest tempo within the market owing to the rising production of passenger vehicles across the globe. Radial tires have exceptional springiness traits than bias-ply tires and a one of a kind diploma of guidance slip.

Download a Free PDF Sample - https://www.datamintelligence.com/download-sample/tire-cord-market

Tire Cord Market Dynamics
Growing stringent policies and lesser penetration of tire cords limit the growth of the tire cord market
The marketplace for tire cords is extensively affected by shifts inside the cost of the raw materials required to make tires. Manufacturers must cautiously recollect the cost and availability of raw substances whilst setting up their cost shape.

Tire cords' uncooked substances, which include nylon and polyethylene, are made from petroleum-based totally derivatives and, consequently, are subject to charge adjustments. Oil prices have been fantastically volatility for the beyond decade, with growing call for globally affecting the price shape of the tire twine marketplace.

Furthermore, While tires account for less than 2% of general municipal strong waste, approximately 5 million tons of tire rubbish had been generated in 2007 alone, in step with U.S. Environmental Protection Agency; on average, handiest around 35% of tire rubber is recycled. Only eleven states limit all tire trash from being disposed of in landfills, resulting in millions of heaps of tire waste being dumped in already overburdened landfills. However, tires have end up smaller and more durable due to technological advancements, ensuing in extra recycled tires and less landfills.

For more detailed information - https://www.datamintelligence.com/research-report/tire-cord-market

Market Segmentation
By Material
• Polyester
• Nylon
• Rayon
• Aramid
• Polyethylene Terephthalate (PET)
• Steel
• Hybrid
By Process
• Fiber
• Yarn Twisting
• Weaving
• Dipping
By Tire
• Radial
• Biased
By Application
• Light Commercial Vehicles
• Passenger Cars
• Heavy-Duty Vehicles

Tire Cord Market Companies
The key players are Indorama Ventures, SRF Limited, Kolon Industries Inc, Tire Cord USA, TEIJIN LIMITED, HYOSUNG, Kordsa Teknik Tekstil A.S., Toray Hybrid Cord, Inc, Century Enka Limited, Firestone Fibers & Textile Company

Trending Reports
Automotive DC-DC Converters Market - https://www.datamintelligence.com/research-report/automotive-dc-dc-converters-market
Electric Vehicle Connectors Market - https://www.datamintelligence.com/research-report/electric-vehicle-connectors-market
Commercial Vehicle Telematics Market - https://www.datamintelligence.com/research-report/commercial-vehicle-telematics-market
Automotive Composite Materials Market - https://www.datamintelligence.com/research-report/automotive-composite-materials-market
Airbag Market - https://www.datamintelligence.com/research-report/airbag-market

Contact Us:
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About DataM Intelligence:
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.