Global Tire Cord Market 2024-2028

The tire cord market is forecasted to grow by USD 839 mn during 2023-2028, accelerating at a CAGR of 2.3% during the forecast period. The report on the tire cord market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of automobile buyers, performance advantages of tire cord, and advancements in tire manufacturing technology.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	2.3%
CAGR	2.3%
Incremental Value	$839 mn

Technavio's tire cord market is segmented as below:

By Material

Steel
Textile

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the increasing demand for and sales of electric vehicles globally as one of the prime reasons driving the tire cord market growth during the next few years. Also, use of innovative materials in tire cord and increased demand for tubeless tires will lead to sizable demand in the market.

The report on the tire cord market covers the following areas:

Tire Cord Market sizing
Tire Cord Market forecast
Tire Cord Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tire cord market vendors that include Apcotex Industries Ltd., Asahi Kasei Corp., Century Enka Ltd., COLMANT COATED FABRICS, Cordenka GmbH and Co. KG, Deeco Mechatron Marketing Pvt. Ltd., Firestone Fibers and Textiles Co. LLC, Formosa Taffeta Co. Ltd., HANOI INDUSTRIAL TEXTILE JSC, Henan Hengxing Sciecnce and Technology Co. Ltd., Hyosung Corp., Indorama Ventures Public Co. Ltd., Junma Tyre Cord Co. Ltd., Kolon Industries Inc., Kordsa Teknik Tekstil AS, Ningbo Nylon Co. Ltd., Shandong Helon Polytex Chemical Fibre Co. Ltd., SRF Ltd., Teijin Ltd., and Toray Industries Inc.. Also, the tire cord market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71688

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Material
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Tire Cord Market 2018 - 2022
- Historic Market Size - Data Table on Global Tire Cord Market 2018 - 2022 ($ million)
4.2 Material segment analysis 2018 - 2022
- Historic Market Size - Material Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Material

6.1 Market segments
- Chart on Material - Market share 2023-2028 (%)
- Data Table on Material - Market share 2023-2028 (%)
6.2 Comparison by Material
- Chart on Comparison by Material
- Data Table on Comparison by Material
6.3 Steel - Market size and forecast 2023-2028
- Chart on Steel - Market size and forecast 2023-2028 ($ million)
- Data Table on Steel - Market size and forecast 2023-2028 ($ million)
- Chart on Steel - Year-over-year growth 2023-2028 (%)
- Data Table on Steel - Year-over-year growth 2023-2028 (%)
6.4 Textile - Market size and forecast 2023-2028
- Chart on Textile - Market size and forecast 2023-2028 ($ million)
- Data Table on Textile - Market size and forecast 2023-2028 ($ million)
- Chart on Textile - Year-over-year growth 2023-2028 (%)
- Data Table on Textile - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Material
- Market opportunity by Material ($ million)
- Data Table on Market opportunity by Material ($ million)

7 Customer Landscape

7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
8.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
8.10 Thailand - Market size and forecast 2023-2028
- Chart on Thailand - Market size and forecast 2023-2028 ($ million)
- Data Table on Thailand - Market size and forecast 2023-2028 ($ million)
- Chart on Thailand - Year-over-year growth 2023-2028 (%)
- Data Table on Thailand - Year-over-year growth 2023-2028 (%)
8.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.12 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview
10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
- Overview on factors of disruption
10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered
11.2 Market positioning of companies
- Matrix on companies position and classification
11.3 Asahi Kasei Corp.
- Asahi Kasei Corp. - Overview
- Asahi Kasei Corp. - Business segments
- Asahi Kasei Corp. - Key news
- Asahi Kasei Corp. - Key offerings
- Asahi Kasei Corp. - Segment focus
11.4 Century Enka Ltd.
- Century Enka Ltd. - Overview
- Century Enka Ltd. - Product / Service
- Century Enka Ltd. - Key offerings
11.5 COLMANT COATED FABRICS
- COLMANT COATED FABRICS - Overview
- COLMANT COATED FABRICS - Product / Service
- COLMANT COATED FABRICS - Key offerings
11.6 Hyosung Corp.
- Hyosung Corp. - Overview
- Hyosung Corp. - Product / Service
- Hyosung Corp. - Key news
- Hyosung Corp. - Key offerings
11.7 Indorama Ventures Public Co. Ltd.
- Indorama Ventures Public Co. Ltd. - Overview
- Indorama Ventures Public Co. Ltd. - Business segments
- Indorama Ventures Public Co. Ltd. - Key news
- Indorama Ventures Public Co. Ltd. - Key offerings
- Indorama Ventures Public Co. Ltd. - Segment focus
11.8 Kolon Industries Inc.
- Kolon Industries Inc. - Overview
- Kolon Industries Inc. - Business segments
- Kolon Industries Inc. - Key offerings
- Kolon Industries Inc. - Segment focus
11.9 Kordsa Teknik Tekstil AS
- Kordsa Teknik Tekstil AS - Overview
- Kordsa Teknik Tekstil AS - Business segments
- Kordsa Teknik Tekstil AS - Key offerings
- Kordsa Teknik Tekstil AS - Segment focus
11.10 SRF Ltd.
- SRF Ltd. - Overview
- SRF Ltd. - Business segments
- SRF Ltd. - Key offerings
- SRF Ltd. - Segment focus
11.11 Teijin Ltd.
- Teijin Ltd. - Overview
- Teijin Ltd. - Business segments
- Teijin Ltd. - Key news
- Teijin Ltd. - Key offerings
- Teijin Ltd. - Segment focus
11.12 Toray Industries Inc.
- Toray Industries Inc. - Overview
- Toray Industries Inc. - Business segments
- Toray Industries Inc. - Key news
- Toray Industries Inc. - Key offerings
- Toray Industries Inc. - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
12.3 Currency conversion rates for US$
- Currency conversion rates for US$
12.4 Research methodology
- Research methodology
12.5 Data procurement
- Information sources
12.6 Data validation
- Data validation
12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
12.8 Data synthesis
- Data synthesis
12.9 360 degree market analysis
- 360 degree market analysis
12.10 List of abbreviations
- List of abbreviations