Press release
Tire Cord Fabrics Market to Reach USD 8.37 Billion by 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/1521/tire-cord-fabrics-market.html
Market Statistics
• Market size (2021): USD 5.8 billion
• Forecast value (2028): USD 8.37 billion
• CAGR: 5.3%
• Forecast period: 2022-2028
• Base year: 2021
• Total number of segments: 5 segmentation categories
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Material Type
• Nylon
• Polyester
• Rayon
• Others
By Tire Type
• Radial Tires
• Bias Tires
By Application Type
• OEM
• Replacement
By Vehicle Type
• Passenger Cars
• Commercial Vehicles
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
Segment Analysis
In material type, nylon is the dominant segment throughout the forecast period because its superior tensile strength, shock absorption, and wear resistance make it indispensable for reinforcing tires across passenger and heavy-duty vehicles; firms that prioritize nylon-based offerings are positioned to benefit from sustained demand in traditional and evolving vehicle segments.
Within tire type, radial tires retain dominance due to their widespread adoption in modern vehicles, especially passenger cars, bolstered by performance advantages such as improved fuel efficiency and handling, prompting suppliers to align product development with radialization trends in automotive manufacturing.
For application type, the replacement segment leads as the largest share, supported by an expanding global vehicle parc and frequent re-tire requirements over a vehicle's life cycle; this underscores aftermarket distribution and inventory strategies as pivotal for supply-chain stakeholders.
Regional Insights
Asia-Pacific is the fastest-growing region for tire cord fabrics during the forecast period, driven by rising automobile production and consumption in developing economies, notably China, India, and Indonesia, where rapid industrialization and automotive sector expansion create lucrative growth opportunities for manufacturers and investors.
Market Drivers
• Increase in global vehicle production raises demand for tire cord fabrics to support higher tire manufacturing volumes.
• Growth in replacement tire demand due to aging vehicle fleets fuels aftermarket consumption.
• Rising adoption of radial tires enhances the requirement for high-performance cord reinforcements.
• Technological advancements in tire reinforcement materials improve durability and performance, attracting OEM preference.
• Expansion of commercial vehicle markets in developing regions increases utilization of tire cord fabrics.
Competitive Landscape
Top Companies in the Market
• Century Enka Limited
• Cordenka GmbH & Co Kg
• Firestone Fibers & Textile Company
• Hyosung Corporation
• Indorama Ventures Public Company Limited
• Kolon Industries Inc.
• Kordsa Teknik Tekstil A.S.
• SRF Ltd.
• Teijin Ltd.
• Toray Industries Inc.
FAQs
1.What was the tire cord fabrics market size in 2021 and what is it expected to be by 2028?
The market was estimated at USD 5.8 billion in 2021 and is projected to reach USD 8.37 billion by 2028.
2.What market growth rate should industry participants anticipate through 2028?
The tire cord fabrics market is expected to grow at a CAGR of 5.3 % during 2022-2028.
3.Which material type holds the largest share in the tire cord fabrics market?
Nylon is projected to remain the largest material type segment through the forecast period.
4.What drives demand for replacement tire cord fabrics?
Replacement demand is driven by the increasing number of vehicles on the road and the aging of existing vehicle fleets.
5.Which region is growing fastest for tire cord fabrics demand?
Asia-Pacific is estimated to be the fastest-growing market for tire cord fabrics during the forecast period.
Related Links:
tall oil fatty acid market: https://ivebo.co.uk/read-blog/255283
targeting pods market: https://network.musicdiffusion.com/read-blog/71791
technical foam market: https://www.wowonder.xyz/read-blog/381784
unattended ground sensors market: https://scrapbox.io/mrnews/Global_Unattended_Ground_Sensors_Market_Outlook:_Advancing_Automated_Surveillance_and_Situational_Awareness
variable data printing market: https://hallbook.com.br/blogs/853473/Variable-Data-Printing-Market-Trends-Growth-and-Opportunities
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tire Cord Fabrics Market to Reach USD 8.37 Billion by 2028, Says Stratview Research here
News-ID: 4378660 • Views: …
More Releases from Stratview Research
EV Fuse Market to Reach USD 5.6 Billion by 2031, Says Stratview Research
The global EV fuse market is witnessing strong growth as electric vehicles become more widespread across the automotive industry. According to Stratview Research, the market is projected to reach USD 5.6 billion by 2031, growing at a CAGR of 13.9% during 2025-2031. EV fuses are critical electrical protection components used in electric vehicles to safeguard batteries, power electronics, motors, and charging systems from overcurrent, short circuits, and thermal overload. The…
EV eMotor Market to Reach US$ 23.9 Billion by 2031, Says Stratview Research
The EV eMotor Market was valued at US$ 11.1 billion in 2024 and is projected to reach US$ 23.9 billion by 2031, expanding at a CAGR of 10.7% during 2025-2031. EV eMotors convert electrical energy into mechanical power to drive electric vehicles and are central to EV powertrain performance and efficiency.
The most significant growth driver is the rapid global adoption of electric vehicles. As automakers accelerate electrification strategies and…
EV DC-DC Converter Market to Reach US$ 10.2 Billion by 2031, Says Stratview Rese …
The EV DC-DC converter market was valued at US$ 4.9 billion in 2024 and is projected to reach US$ 10.2 billion by 2031, expanding at a CAGR of 10.2% during 2024-2031. DC-DC converters are critical power electronics components in electric vehicles, converting high-voltage battery power into lower voltages required by onboard electronics and auxiliary systems.
The single most important growth driver is the rapid expansion of electric vehicle adoption globally.…
Aerospace & Defense Filters Market to Reach US$1,451.2 Million by 2034 , says St …
The Aerospace & Defense Filters Market was valued at US$1,055.5 million in 2024 and is projected to reach US$1,451.2 million by 2034, growing at a CAGR of 2.9% during 2025-2034. Aerospace and defense filters are critical components used to remove contaminants from air, fuel, oil, and hydraulic systems to ensure the reliability of aircraft and military platforms.
The most significant growth driver is the expanding global fleet of commercial aircraft…
More Releases for USD
Bone Cement Market Outlook USD 1,871.10M-USD 3,512.31M
How Is the Bone Cement Market Supporting the Rise of Modern Orthopedic Surgery?
The Bone Cement Market plays a critical role in modern orthopedic and spinal procedures, acting as a foundational material for joint replacement, fracture fixation, and vertebral stabilization. Bone cement is widely used to anchor implants, restore bone structure, and improve patient mobility-making it an essential component of musculoskeletal care.
In 2025, the global bone cement market was valued at…
Autologous Cell Therapy Market Outlook USD 9.31B-USD 54.83B
How Is the Autologous Cell Therapy Market Redefining the Future of Precision Medicine?
The Autologous Cell Therapy Market is rapidly emerging as one of the most transformative areas in modern healthcare, offering highly personalized treatment options for complex and chronic diseases. By using a patient's own cells to repair, replace, or regenerate damaged tissues, autologous cell therapy minimizes immune rejection risks while maximizing therapeutic effectiveness.
In 2025, the global autologous cell therapy…
US Ostomy Care and Accessories Market USD 4.03B-USD 6.75B
How Is the United States Ostomy Care and Accessories Market Evolving to Meet the Needs of a Growing Patient Population?
The United States Ostomy Care and Accessories Market plays a critical role in improving the quality of life for millions of patients who undergo life-altering surgical procedures involving the digestive or urinary systems. Ostomy care products are essential medical devices designed to manage bodily waste safely and discreetly following surgeries such…
PACS Market USD 5.59B in 2025, USD 9.73B by 2035
Picture Archiving and Communication System (PACS) Market Expands as Digital Imaging Transforms Global Healthcare
Introduction: PACS at the Core of Modern Medical Imaging
The healthcare industry is undergoing a rapid digital transformation, with medical imaging playing a critical role in diagnosis, treatment planning, and patient monitoring. At the heart of this transformation lies the Picture Archiving and Communication System (PACS)-a technology that enables the storage, retrieval, management, and sharing of medical images…
Global HEOR Market USD 1.70B-USD 6.03B
Health Economics and Outcomes Research (HEOR) Market Accelerates as Value-Based Healthcare Redefines Global Decision-Making
Introduction: The Growing Importance of HEOR in Modern Healthcare
The global healthcare industry is undergoing a profound transformation, shifting from volume-driven care models to value-based healthcare systems that prioritize patient outcomes, cost efficiency, and real-world effectiveness. At the center of this transformation lies Health Economics and Outcomes Research (HEOR)-a discipline that evaluates the economic value, clinical outcomes, and…
Foam Tape Market Outlook 2035: Industry Growth from USD USD 4.89 Billion (2025) …
The Foam Tape Market plays a vital role in modern industrial and manufacturing ecosystems. Foam tapes are pressure-sensitive adhesive products manufactured using materials such as polyurethane, polyethylene, PVC, and acrylic foam. These tapes are widely used for bonding, sealing, insulation, cushioning, vibration damping, and noise reduction across multiple industries. Their ability to replace traditional mechanical fasteners like screws, bolts, and rivets has positioned foam tapes as a preferred solution in…
