Tire Cord and Tire Fabrics Market Size, Share, and Growth Analysis, By Material (Nylon, Polyester), By Type (Radial, Bias), By Vehicle Type, By Application, By Region - Industry Forecast 2026-2033

Tire Cord and Tire Fabrics Market size was valued at USD 6.13 Billion in 2024 and is poised to grow from USD 6.48 Billion in 2025 to USD 10.1 Billion by 2033, growing at a CAGR of 5.7% during the forecast period (2026-2033).

The tire cord and tire fabrics market is on a growth trajectory driven by rising demand in industries like automotive and aviation. Key factors include increased vehicle production, expansion in transportation, and an enhanced focus on tire performance and safety. Manufacturers are prioritizing investments in advanced materials and technologies to improve tire durability and fuel efficiency. The Asia-Pacific region leads this market due to the automotive surge in emerging economies. Additionally, sustainability challenges are prompting a shift toward eco-friendly materials within the industry. Overall, the tire cord and fabric market is set for ongoing expansion, emphasizing innovation and sustainable practices to meet evolving consumer and regulatory expectations.

Top-down and bottom-up approaches were used to estimate and validate the size of the Tire Cord and Tire Fabrics market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Tire Cord and Tire Fabrics Market Segments Analysis

Global Tire Cord and Tire Fabrics Market is segmented by Material, Type, Vehicle Type, Application and region. Based on Material, the market is segmented into Nylon, Polyester, Rayon and Others. Based on Type, the market is segmented into Radial and Bias. Based on Vehicle Type, the market is segmented into Passenger Cars, Commercial Vehicles and Others. Based on Application, the market is segmented into OEM and Replacement. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Tire Cord and Tire Fabrics Market

The demand for tire cord and tire fabrics is closely linked to the expansion of the automotive industry. As the global population increases, accompanied by rising urbanization and disposable income levels, the need for vehicles, including both passenger and commercial ones, is expected to rise significantly. This surge in automobile production consequently boosts the requirement for tire cord and tire fabrics. The growth in vehicle ownership and the diversification of automotive options further fuel this demand, making tire cord and tire fabrics essential components in meeting the evolving needs of the automotive market.

Restraints in the Tire Cord and Tire Fabrics Market

The tire cord and tire fabrics industry faces significant challenges stemming from the volatility of raw material prices, such as synthetic fibers like polyester and nylon, as well as steel wire. These fluctuations can lead to increased production costs, which may adversely affect the profitability of manufacturers in this sector. As raw material costs rise or fall unpredictably, producers must navigate the complexities of sourcing materials while maintaining competitive pricing. Consequently, the ability to effectively manage these price variations is essential for sustaining profitability and ensuring the overall stability of the tire cord and tire fabrics market.

Market Trends of the Tire Cord and Tire Fabrics Market

The tire cord and tire fabrics market is experiencing a notable trend centered around the increasing demand for high-performance tires. This surge is fueled by the growing production of sports and luxury vehicles, coupled with evolving consumer preferences that prioritize superior fuel efficiency, extended tread life, and enhanced handling capabilities. In response to these demands, manufacturers are turning to advanced materials, such as aramid fibers and steel cords, which provide significant improvements in tire performance. This focus on innovation not only caters to the desires of modern consumers but also reinforces the competitive edge of tire producers striving for excellence in quality and durability.