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Tire Cord and Tire Fabrics Market by Vehicle Type (Commercial Vehicles, Off-Road Vehicles, Bicycles, Personal Vehicles, Light Commercial Vehicles, And Two-Wheelers), by Product (Steel Cords, Nylon Dipped Cords, Polyester Cords, Rayon Cords, And Others), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024

Published Date: 11-Oct-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-1497 Status : Published

Global tire cord and tire fabrics market expected to reach approximately USD 6,500 million in 2024, growing at a CAGR of slightly above 4.0% between 2018 and 2024. The tire cords can be termed as the backbone of the tire carcass as they provide safety, stability, and comfort to the vehicles.

Description

The report covers forecast and analysis for the tire cord and tire fabrics market on a global and regional level. The study provides historic data of 2015-2017 along with a forecast from 2018 to 2024 based on volume (Kilotons) and revenue (USD Million). The study includes drivers and restraints for the tire cord and tire fabrics market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the tire cord and tire fabrics market on a global level.

This report offers a comprehensive analysis of global tire cord and tire fabrics market along with, market trends, drivers, and restraints of the tire cord and tire fabrics market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.

Global Tire Cord and Tire Fabrics Market

The study provides a decisive view of the tire cord and tire fabrics market by segmenting the market based on product, vehicle type, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on vehicle type, the market is segmented into heavy commercial vehicles, off-road vehicles, bicycles, personal vehicles, light commercial vehicles, and two-wheelers. Based on product, the market is segmented into steel cords, nylon dipped cords, polyester cords, rayon cords, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into countries such as the U.S., the UK, France, Germany, China, India, Japan, and Brazil.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global tire cord and tire fabrics market such as Firestone Fibers & Textile Company, Kordarna Plus A.S., Cordenka GmbH & Co. KG, Kolon Industries, Inc., Kordsa Global, Inc., Hyosung Corporation, Tokusen Inc, Teijin Ltd., SRF Ltd., Milliken & Company Inc., Firestone Fibers & Textile Company, and others.

The report segments the global tire cord and tire fabrics market as follows:

Tire Cord and Tire Fabrics Market: Vehicle Type Analysis

  • Heavy Commercial Vehicles
  • Off-Road Vehicles
  • Bicycles, Personal Vehicles
  • Light Commercial Vehicles
  • Two-Wheelers 

Tire Cord and Tire Fabrics Market: Product Analysis

  • Steel Cords
  • Nylon Dipped Cords
  • Polyester Cords
  • Rayon Cords
  • Others

Tire Cord and Tire Fabrics Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Tire Cord and Tire Fabrics Market, 2015 - 2024, (Kilotons) (USD Million)
    • 2.2. Tire Cord and Tire Fabrics Market: Market Snapshot
  •  
  • Chapter 3. Tire Cord and Tire Fabrics Market - Industry Analysis
    • 3.1. Tire Cord and Tire Fabrics Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing In The Sales Of Commercial And Passenger Vehicles
      • 3.2.2. Robust growth in automotive industry.
    • 3.3. Restraints
      • 3.3.1. Competition among the key players.
    • 3.4. Opportunity
      • 3.4.1. Increase of Urbanization In Developing Countries.
    • 3.5. Porter's five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis by Product Segment
      • 3.6.2. Market Attractiveness Analysis by Regional Segment
  •  
  • Chapter 4. Tire Cord and Tire Fabrics Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2017 (Subject to Data Availability)
    • 4.2. Strategic Developments
    • 4.3. Acquisitions & Mergers
    • 4.4. New Product Launch
    • 4.5. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.6. Research and Development, Product and Regional Expansion
  •  
  • Chapter 5. Global Tire Cord and Tire Fabrics Market -Product Segment Analysis
    • 5.1. Global Tire Cord and Tire Fabrics Market Overview: by Product
      • 5.1.1. Tire Cord and Tire Fabrics Market Volume Share, by Product, 2017 and 2024
    • 5.2. Steel Cords
      • 5.2.1. Global Tire Cord and Tire Fabrics Market for Steel Cords, 2015-2024 (Kilotons) (USD Million)
    • 5.3. Nylon Dipped Cords
      • 5.3.1. Global Tire Cord and Tire Fabrics Market for Nylon Dipped Cords, 2015-2024 (Kilotons) (USD Million)
    • 5.4. Polyester Cords
      • 5.4.1. Global Tire Cord and Tire Fabrics Market for Polyester Cords, 2015-2024 (Kilotons) (USD Million)
    • 5.5. Rayon Cords
      • 5.5.1. Global Tire Cord and Tire Fabrics Market for Rayon Cords, 2015-2024 (Kilotons) (USD Million)
    • 5.6. Others
      • 5.6.1. Global Tire Cord and Tire Fabrics Market for Others, 2015-2024 (Kilotons) (USD Million)
  •  
  • Chapter 6. Global Tire Cord and Tire Fabrics Market - Vehicle Type Segment Analysis
    • 6.1. Global Tire Cord and Tire Fabrics Market Overview: by Vehicle Type
      • 6.1.1. Tire Cord and Tire Fabrics Market Volume Share, by Vehicle Type, 2017 and 2024
    • 6.2. Off-Road Vehicles
      • 6.2.1. Global Tire Cord and Tire Fabrics Market for Off-Road Vehicles, 2015-2024 (Kilotons) (USD Million)
    • 6.3. Bicycles, Personal Vehicles
      • 6.3.1. Global Tire Cord and Tire Fabrics Market for Bicycles, Personal Vehicles, 2015-2024 (Kilotons) (USD Million)
    • 6.4. Light Commercial Vehicles
      • 6.4.1. Global Tire Cord and Tire Fabrics Market for Light Commercial Vehicles, 2015-2024 (Kilotons) (USD Million)
    • 6.5. Two-Wheelers
      • 6.5.1. Global Tire Cord and Tire Fabrics Market for Two-Wheelers, 2015-2024 (Kilotons) (USD Million)
  •  
  • Chapter 7. Global Tire Cord and Tire Fabrics Market - Regional Analysis
    • 7.1. Global Tire Cord and Tire Fabrics Market Overview: by Region
      • 7.1.1. Global Tire Cord and Tire Fabrics Market Volume Share, by Region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America Tire Cord and Tire Fabrics Market, 2015 - 2024 (Kilotons) (USD Million)
      • 7.2.2. North America Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
      • 7.2.3. North America Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
      • 7.2.4. North America Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
      • 7.2.5. North America Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
      • 7.2.6. U.S.
        • 7.2.6.1. U.S. Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
        • 7.2.6.2. U.S. Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
        • 7.2.6.3. U.S. Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 7.2.6.4. U.S. Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
      • 7.3.2. Europe Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
      • 7.3.3. Europe Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
      • 7.3.4. Europe Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
      • 7.3.2. UK
        • 7.3.2.1. UK Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
        • 7.3.2.2. UK Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
        • 7.3.2.3. UK Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 7.3.2.4. UK Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
      • 7.3.3. France
        • 7.3.3.1. France Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
        • 7.3.3.2. France Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
        • 7.3.3.3. France Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 7.3.3.4. France Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
      • 7.3.4. Germany
        • 7.3.4.1. Germany Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
        • 7.3.4.2. Germany Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
        • 7.3.4.3. Germany Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 7.3.4.4. Germany Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Tire Cord and Tire Fabrics Market, 2015 - 2024 (Kilotons) (USD Million)
      • 7.4.2. Asia Pacific Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
      • 7.4.3. Asia Pacific Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
      • 7.4.4. Asia Pacific Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
      • 7.4.5. Asia Pacific Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
      • 7.4.6. China
        • 7.4.6.1. China Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
        • 7.4.6.2. China Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
        • 7.4.6.3. China Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 7.4.6.4. China Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
      • 7.4.7. Japan
        • 7.4.7.1. Japan Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
        • 7.4.7.2. Japan Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
        • 7.4.7.3. Japan Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 7.4.7.4. Japan Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
      • 7.4.8. India
        • 7.4.8.1. India Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
        • 7.4.8.2. India Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
        • 7.4.8.3. India Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 7.4.8.4. India Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
      • 7.5.2. Latin America Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
      • 7.5.3. Latin America Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
      • 7.5.4. Latin America Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
        • 7.5.5.2. Brazil Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
        • 7.5.5.3. Brazil Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 7.5.5.4. Brazil Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa Tire Cord and Tire Fabrics Market Volume, by Product, 2015 - 2024 (Kilotons)
      • 7.6.2. Middle East & Africa Tire Cord and Tire Fabrics Market Volume, by Vehicle Type, 2015 - 2024 (Kilotons)
      • 7.6.3. Middle East & Africa Tire Cord and Tire Fabrics Market Revenue, by Product, 2015 - 2024 (USD Million)
      • 7.6.4. Middle East & Africa Tire Cord and Tire Fabrics Market Revenue, by Vehicle Type, 2015 - 2024 (USD Million)
  •  
  • Chapter 8. Company Profiles
    • 8.1. Tokusen U.S.A., Inc
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Teijin Ltd
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Kordarna Plus A.S.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Cordenka GmbH & Co. KG
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Kolon Industries, Inc
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Developments
    • 8.6. Kordsa Global, Inc
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Developments
    • 8.7. Hyosung Corporation
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Developments
    • 8.8. SRF Ltd.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Developments
    • 8.9. Milliken & Company Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Developments
    • 8.10. Firestone Fibers & Textile Company
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Developments

Methodology

Free Analysis

The tire cord is a reinforcing machine that is used to provide stability to the tires. The tire cord is made from high tenacity and continuous filament with the help of processes such as twisting plying and others. These processes make the tire fatigue resistant, impact resistant, and it has high adhesion. This tire cords and fabrics help to provide stability, safety, and comfort to the vehicles. Various types of tires are used in a vehicle which varies according to the region.

Usually, the tires are made of a material that is not biodegradable which after been exhausted are difficult to decompose. This has shifted the manufacturers’ attention towards usage of bio-based material for the manufacture of the tires. The key players are now shifting focus towards the manufacture of tires with the material that is easy to decompose and also improves the efficiency of the vehicle. Increase in the production and sales of automobiles are one of the major factors that are driving the growth of the market. According to an article published recently by the Automotive Sales, the top three brands in the U.S. auto market had a sales growth of around 15.0% in the year 2017. The Toyota Motors North America Inc. in October 2017 reported overall sales of 188,434 units. This increase in the requirement of the vehicles in various regions is expanding the growth of the market. This demand for advanced tires is adding comfort and improving the ride quality. The major players in the market are making various developments through various researches for the growth of the market. However, competitions among the key players act as a restraint factor for the market. However, robust growth in the automotive industry is expected to provide many opportunities for the key players working in the global tire cord and tire fabrics market.

Global Tire Cord and Tire Fabrics Market

The global tire cord and tire fabrics market can be fragmented based on product, vehicle type, and region. Based on vehicle type, the market is segmented into heavy commercial vehicles, off-road vehicles, bicycles, personal vehicles, light commercial vehicles, and two-wheelers. Based on product, the market is segmented into steel cords, nylon dipped cords, polyester cords, rayon cords, and others. The automotive sector is expected to be the most dominant segment of the global tire cord and tire fabrics market and is expected to maintain this inclination over the predicted period. Increase in demand for passenger vehicles is expected to drive the demand for tire cord and tire fabrics in the years to come.

Based on region, the market is segmented into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific had the most significant share of the tire cord and tire fabrics market in terms of volume in 2017. This can be attributed due to various major players that are making various developments in the market. North America tire cord and tire fabrics market is also likely to witness noteworthy growth during the predicted period.
Some of the major players operating in the global tire cord and tire fabrics market are Tokusen U.S.A., Inc., Teijin Ltd., Kordarna Plus A.S., Cordenka GmbH & Co. KG, Kolon Industries, Inc., Kordsa Global, Inc., Hyosung Corporation, SRF Ltd., Milliken & Company Inc., Firestone Fibers & Textile Company, and others.

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