Tire Cord Fabrics Market Report Size, Share, Growth, Trends and Analysis 2024-2032 | Kolon Industries Inc.; SRF Ltd.; TEIJIN LIMITED

Global Tire Cord Fabrics Market Size, Status, and forecast for the 2025-2032. The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Tire Cord Fabrics Market industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data. Additionally, the report includes upstream and downstream analyses of key players, as well as global certainties and assurances. The report evaluates dynamic aspects such as forecast market information, Porter's Five Forces Analysis, sales estimates, wide product portfolio, market scenarios, and possibility studies.

The global tire cord fabric market size was valued at USD 6.12 billion in 2024 and is expected to grow from USD 6.26 billion in 2025 to reach USD 7.50 billion by 2032, growing at a CAGR of 2.4% during the forecast period (2025-2032).

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Major Players in Tire Cord Fabrics Markets are:

Indorama Ventures Public Company Limited; Kolon Industries Inc.; SRF Ltd.; TEIJIN LIMITED; Century Enka Limited and others.

Industry News:

In January 2023, Century Enka Limited commenced commercializing a nylon tire cord fabric crafted entirely from fully recycled nylon waste. Apollo Tyres Ltd. will utilize this new environment-friendly material for specific product lines across various market sectors.

In April 2023, Kordsa Teknik Tekstil A.Ş. revealed its plans to expand its production facility in Tennessee, U.S. The organization invests USD 50 million to enhance and expand the factory's manufacturing capacity. The Chattanooga-based factory currently produces Nylon 66 yarn, which is then shipped to North Carolina to produce tire cord fabric. With this expansion, Kordsa will have the capability to manufacture tire cord fabric locally, which can then be sold to tire makers in the U.S.

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Global Tire Cord Fabrics Market Segmentation:

By Tire Type:
Radial
Bias

By Vehicle Type:
Passenger Cars
Commercial Vehicles
Others

By Material:
Nylon
Polyester
Rayon
Others

By Application:
OEM
Replacement

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The following areas and countries are covered in the worldwide Tire Cord Fabrics Market file:

North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)

North America tire cord fabrics held a substantial market revenue share in 2024. As the region's automotive industry expands, the need for durable, high-performance tires is rising. Tire cord fabrics are essential for tires, providing strength and structural integrity. The growth of the automotive industry, driven by rising disposable incomes and urbanization, leads to an increased need for tire cord fabrics for manufacturing various types of tires, including those for commercial vehicles, passenger cars, and heavy-duty trucks. The need for durable, high-performance tires rises as the automotive industry expands. Tire cord fabrics are essential components in tires, providing strength and structural integrity. The growth of the automotive industry, driven by rising disposable incomes and urbanization, leads to an increased need for tire cord fabrics for manufacturing various types of tires, including those for commercial vehicles, passenger cars, and heavy-duty trucks.

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