Tire Cord Market 2024-2028
Research and Markets
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The tire cord market is forecasted to grow by USD 839 million, 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.
The tire cord market is segmented as below:
By Material
By Geographical Landscape
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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:
A robust vendor analysis within the report 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 report 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.