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Tire Cord Fabrics Global Market Report 2022

Published: Pre-Order | The Business Research Company | 175 Pages | Delivery time: 2-10 business days

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Tire Cord Fabrics Global Market Report 2022
Published: Pre-Order
The Business Research Company
Content info: 175 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents

“Tire Cord Fabrics Global Market Report 2022” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global tire cord fabrics market.

This report focuses on tire cord fabrics market which is experiencing strong growth. The report gives a guide to the tire cord fabrics market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
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  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
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  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the tire cord fabrics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Tire Cord Fabrics market global report” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider tire cord fabrics market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The tire cord fabrics market section of the report gives context. It compares the tire cord fabrics market with other segments of the tire cord fabrics market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, tire cord fabrics indicators comparison.

Scope

Markets Covered:

  • 1) By Material: Nylon; Polyester; Rayon; Other Materials
  • 2) By Vehicle Type: HCV; LCV; Passenger Cars; Off-Road Vehicles And Two-Wheelers
  • 3) By Tire Type: Radial; Bias
  • 4) By Application: Automotive; Aircrafts; Industrial Products; Other Applications
  • Companies Mentioned: Indorama Ventures Company Limited; Kolon Industries; Hyosung Corporation; SRF Ltd.; Kordsa Global
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the tire cord fabrics market are: Indorama Ventures Company Limited; Kolon Industries; Hyosung Corporation; SRF Ltd.; Kordsa Global; Teijin ltd.; Century Enka Limited; Toray Hybrid Cord; Bekaert Corporation; Cordenka GmbH & Co. KG; Firestone Fibers & Textile Company; Shenma Indstrial Co. ltd.; Far Eastern Group; Teijin Aramid B.V.; Hyosung Advanced Materials; Tokusen U.S.A.; Asahi Kasei Corporation; Baygold Group Ltd.; Colmant Coated Fabrics; Formosa Taffeta Co., Ltd.; Glanzstoff Textilcord; Hanoi Industrial Textile Jsc; and Henan Hengxing Science & Technology Co.

The global tire cord fabrics market is expected to grow from $5.17 billion in 2021 to $5.40 billion in 2022 at a compound annual growth rate (CAGR) of 4.51%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.54 billion in 2026 at a CAGR of 4.88%.

The tire cord fabrics market consists of the sales of tire cord fabrics by entities (organizations, partnerships, and sole proprietors) that are designed to keep tires in shape, support vehicle weight and enhance durability of tires. Tire cord fabrics are used as reinforcing materials for tires and are treated with a coating mixture that makes it easier to absorb rubber impregnation and become a part of a rubber tire.

The main tire cord fabrics include nylon, polyester, rayon and others. Nylon tire cord fabrics (NTCF) give strength and durability to tires. They help to shape the tires and support the vehicle's weight. They are built to keep tires running for longer periods of time and have a significant impact on tire performance. Tire cord fabrics are used in vehicles such as HCV.LCV, passenger cars, off-road vehicles and two-wheelers. The different tire cord fabrics tire types include radial and bias which are used for applications in automotive, aircrafts, industrial products, and other applications.

Asia-Pacific was the largest region in the tire cord fabrics market in 2021 and is also expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing production of automobiles is significantly driving the growth of the tire cord fabrics market. Tire cord fabrics are used in automobiles to keep tires in shape and to enhance durability. According to statistics from the International Organization of Motor Vehicle Manufacturers, the total number of vehicles produced in from January to September 2021 increased to 57.2 million units from 52.1 million units in 2020, during the same period. Hence, the increasing production of automobiles is expected to propel the growth of the tire cord fabric market over the coming years.

The rise in the focus for developing more eco-friendly tires is a key trend gaining popularity in the tire cord fabrics market. The major players in the tire cord fabric market are focusing on developing sustainable tire cord fabrics for eco-friendly tires through partnerships and product launches. For instance, in February 2020, Kordsa, a Turkey based tire and construction reinforcement manufacturer, and Continental, a Germany based automotive parts manufacturing company collaborated to launch the First Series Tires with Cokoon Dip Technology that uses resorcinol and formaldehyde-free adhesion. Tire cord manufacturers and the sustainable supply chain benefit from the replacement of resorcinol and formaldehyde with new environmentally friendly alternatives, which makes it possible to bond textiles to rubber without using these two substances, and the technology does not require any changes to the process equipment.

In May 2020, Trinseo, a US-based key provider of materials solutions and manufacturer of plastics, latex binders, and synthetic rubber acquired Synthomer PLC's Vinyl Pyridine Latex Business for an undisclosed amount. Through this acquisition, Trinseo aims to expand its Latex Binders business in Coatings/CASE applications while also strengthening its position as a high-performance tire solutions provider. Synthomer is a UK based chemical company. The VP Latex division of Synthomer manufactures VP Latex, which is used in cord fabrics.

The countries covered in the tire cord fabrics market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Product Code: h1546

Table of Contents

1. Executive Summary

2. Tire Cord Fabrics Market Characteristics

3. Tire Cord Fabrics Market Trends And Strategies

4. Impact Of COVID-19 On Tire Cord Fabrics

5. Tire Cord Fabrics Market Size And Growth

  • 5.1. Global Tire Cord Fabrics Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Tire Cord Fabrics Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Tire Cord Fabrics Market Segmentation

  • 6.1. Global Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Nylon
  • Polyester
  • Rayon
  • Other Materials
  • 6.2. Global Tire Cord Fabrics Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • HCV
  • LCV
  • Passenger Cars
  • Off-Road Vehicles and Two-Wheelers
  • 6.3. Global Tire Cord Fabrics Market, Segmentation By Tire Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Radial
  • Bias
  • 6.4. Global Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Automotive
  • Aircrafts
  • Industrial Products
  • Other Applications

7. Tire Cord Fabrics Market Regional And Country Analysis

  • 7.1. Global Tire Cord Fabrics Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Tire Cord Fabrics Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Tire Cord Fabrics Market

  • 8.1. Asia-Pacific Tire Cord Fabrics Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 8.3. Asia-Pacific Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Tire Cord Fabrics Market

  • 9.1. China Tire Cord Fabrics Market Overview
  • 9.2. China Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
  • 9.3. China Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Tire Cord Fabrics Market

  • 10.1. India Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 10.2. India Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Tire Cord Fabrics Market

  • 11.1. Japan Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 11.2. Japan Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Tire Cord Fabrics Market

  • 12.1. Australia Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 12.2. Australia Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Tire Cord Fabrics Market

  • 13.1. Indonesia Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 13.2. Indonesia Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Tire Cord Fabrics Market

  • 14.1. South Korea Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 14.2. South Korea Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Tire Cord Fabrics Market

  • 15.1. Western Europe Tire Cord Fabrics Market Overview
  • 15.2. Western Europe Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 15.3. Western Europe Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Tire Cord Fabrics Market

  • 16.1. UK Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 16.2. UK Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Tire Cord Fabrics Market

  • 17.1. Germany Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 17.2. Germany Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Tire Cord Fabrics Market

  • 18.1. France Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 18.2. France Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Tire Cord Fabrics Market

  • 19.1. Eastern Europe Tire Cord Fabrics Market Overview
  • 19.2. Eastern Europe Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 19.3. Eastern Europe Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Tire Cord Fabrics Market

  • 20.1. Russia Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 20.2. Russia Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Tire Cord Fabrics Market

  • 21.1. North America Tire Cord Fabrics Market Overview
  • 21.2. North America Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 21.3. North America Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Tire Cord Fabrics Market

  • 22.1. USA Tire Cord Fabrics Market Overview
  • 22.2. USA Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 22.3. USA Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Tire Cord Fabrics Market

  • 23.1. South America Tire Cord Fabrics Market Overview
  • 23.2. South America Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 23.3. South America Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Tire Cord Fabrics Market

  • 24.1. Brazil Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 24.2. Brazil Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Tire Cord Fabrics Market

  • 25.1. Middle East Tire Cord Fabrics Market Overview
  • 25.2. Middle East Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 25.3. Middle East Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Tire Cord Fabrics Market

  • 26.1. Africa Tire Cord Fabrics Market Overview
  • 26.2. Africa Tire Cord Fabrics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 26.3. Africa Tire Cord Fabrics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Tire Cord Fabrics Market Competitive Landscape And Company Profiles

  • 27.1. Tire Cord Fabrics Market Competitive Landscape
  • 27.2. Tire Cord Fabrics Market Company Profiles
    • 27.2.1. Indorama Ventures Company Limited
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. Kolon Industries
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Hyosung Corporation
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. SRF Ltd.
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Kordsa Global
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Tire Cord Fabrics Market

29. Tire Cord Fabrics Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Research Inquiries
  • 30.4. The Business Research Company
  • 30.5. Copyright And Disclaimer