Research Summary
Tire cords are high-strength reinforcing materials used in the construction of tires to provide structural integrity and durability. These cords are typically made from materials such as polyester, nylon, rayon, or aramid fibers, chosen for their strength, flexibility, and resistance to abrasion. The tire cords are strategically embedded in the tire's carcass layers, belts, and sidewalls during the tire manufacturing process. Their primary function is to withstand the forces encountered during tire rotation, maintain the tire's shape, and provide stability. The arrangement of tire cords influences the tire's performance characteristics, including strength, load-bearing capacity, and resistance to wear and punctures. The use of high-quality tire cords is essential for ensuring the overall strength and safety of tires, contributing to their ability to withstand various road conditions and deliver reliable performance over their lifespan.
According to WENKH research statistics, the global Tire Cords market sales revenue reached Million USD in 2024 and is expected to reach Million USD by 2032, with a compound annual growth rate (CAGR) of % from 2025 to 2032. Among them, the Asia-Pacific Tire Cords market has experienced rapid changes in recent years, reaching Million USD in 2024, accounting for approximately % of the global market share. It is projected to reach Million USD by 2032.
The global Tire Cords market is highly competitive, with key market players including Kolon Industries, Oriental Industries, Toray Hybrid Cord, Inc, Bekaert, Century Enka Limited, Cordenka GmbH and Co Kg, Formosa Taffeta Co., Ltd, Hyosung Corporation, Xingda International, Indorama Ventures Public Company Limited, Kordarna Plus a.s, Kordsa Global Endustriyel Iplik Ve Kord Bezi Sanayi Ve Ticaret As, SRF Limited, Teijin Limited, etc. This report categorizes the competitive landscape of the global Tire Cords market into three tiers based on annual revenue, with the top three market players holding approximately % of the total market share.
This report provides an in-depth analysis of the global Tire Cords market, including market size, capacity and production, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Tire Cords industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Tire Cords and their downstream application fields.
In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.
The report covers regions and countries including North America, Europe, China, Asia Pacific (excluding China), Latin America, the Middle East, and Africa. It particularly focuses on the revenue and sales volume of Tire Cords in these regions and countries, as well as the market share of key market players in each region. The report provides an in-depth analysis of the regional distribution and future development trends of the Tire Cords market. By considering local policies, this report evaluates the market prospects of Tire Cords in each region and country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.
This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.
Companies Covered
Kolon Industries
Oriental Industries
Toray Hybrid Cord, Inc
Bekaert
Century Enka Limited
Cordenka GmbH and Co Kg
Formosa Taffeta Co., Ltd
Hyosung Corporation
Xingda International
Indorama Ventures Public Company Limited
Kordarna Plus a.s
Kordsa Global Endustriyel Iplik Ve Kord Bezi Sanayi Ve Ticaret As
SRF Limited
Teijin Limited
Product Segment
Polyester Tire Cord
Hybrid Tire Cord
Product Application
Radial Tires for Passenger Cars
Premium Tires
Chapter Scope
Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects
Chapter 2: Global Tire Cords Industry Chain Analysis
Chapter 3: Global Tire Cords Industry Environment Analysis and Porter's Five Forces Analysis
Chapter 4: Global Tire Cords Market Capacity and Production Analysis
Chapter 5: Analysis of the Competitive Landscape of Major Companies in the Global Tire Cords Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)
Chapter 6: Analysis of Global Major Companies (Company Profiles, Product Features and Product Segment, Product Revenue, Product Sales Volume, Product Average Price, Product Gross Profit Margin and Geographical Sales Share)
Chapter 7: Global Tire Cords Product Segment, Downstream Application and Major Regional Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 8: North America Tire Cords Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 9: Europe Tire Cords Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 10: China Tire Cords Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 11: Asia Pacific (excluding China) Tire Cords Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 12: Latin America Tire Cords Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 13: Middle East and Africa Tire Cords Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 14: Research Conclusion
Chapter 15: Methodology and Data Source
Purpose and Value of the Report
Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.
Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.
Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.
Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.
Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.
Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.