Tire Cord and Tire Fabrics Market Overview

Maximize Market Research, a Tire Cord and Tire Fabrics business research firm has published a report on the “Tire Cord and Tire Fabrics Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Expected Revenue Growth:

Global Tire Cord and Tire Fabrics Market was valued US$ 6.56 Bn in 2022 and is estimated to reach at an evaluation of US$ 9.94 Bn by the end of 2029, growing at a CAGR of 6.1% during the forecast 2023 and 2029.

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Tire Cord and Tire Fabrics Market Report Scope and Research Methodology

The scope of the Tire Cord and Tire Fabrics market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Tire Cord and Tire Fabrics market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Tire Cord and Tire Fabrics sector and capitalizing on growth prospects.

Tire Cord and Tire Fabrics Market Segmentation

by Vehicle Type

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

by Product

Steel Cords
Nylon Dipped Cords
Polyester Cords
Rayon Cords
Others

Based on product, the steel tyre cord fabric segment is predicted to hold the largest market share. This segment is expanding due to growing demand and is even outperforming the preferences of large manufacturers due to its widespread use in both passenger and heavy commercial vehicles. Its benefits include improved mechanical strength as well as reinforced stability, adhesion strength, and an extended tyre lifespan at a reasonable cost.

by Application

Bias Tire
Radial Tire
Others

Radials tyres are anticipated to have the largest application share in the automotive industry because of their flexible sidewalls, lower rolling resistance, and longer tread life, which all contribute to reduced fuel consumption. Additionally, a decrease in tyre replacement because to the tire's impact resistance, thermal stability, and decreased heat generation.

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Tire Cord and Tire Fabrics Market Key Players

1. Hyosung
2. Kordsa Global
3. Kolon Industries
4. SRF Ltd
5. Performance Fibers
6. Firestone
7. Maduratex
8. Kordarna Plus A.S.
9. Teijin
10. Milliken and Company
11. Far Eastern Group
12. Century Enka
13. Cordenka
14. Junma
15. Shenma
16. Jinlun Group
17. Haiyang Chemical
18. Xiangyu
19. Shifeng
20. Tianheng
21. Taiji
22. Dongping Jinma
23. Hailide
24. Helon Polytex
25. Bestory
26. Unifull
27. Jiayuan
28. Dikai
29. Ruiqi
30. Hesheng

Tire Cord and Tire Fabrics Market Regional Insights

Improved dependability and increasing demand drive growth in the Tire Cord and Tire Fabrics Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Tire Cord and Tire Fabrics market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

Table of content for the Tire Cord and Tire Fabrics Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Tire Cord and Tire Fabrics Market Report

Part 03: Tire Cord and Tire Fabrics Market Landscape

Part 04: Tire Cord and Tire Fabrics Market Sizing

Part 05: Tire Cord and Tire Fabrics Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key questions answered in the Tire Cord and Tire Fabrics Market are:

• Who are the leading companies and what are their portfolios in Tire Cord and Tire Fabrics Market?
• What segments are covered in the Tire Cord and Tire Fabrics Market?
• Who are the key players in the Tire Cord and Tire Fabrics market?
• What is Tire Cord and Tire Fabrics?
• What was the Tire Cord and Tire Fabrics market size in 2023?
• What is the growth rate of the Tire Cord and Tire Fabrics Market?
• Which are the factors expected to drive the Tire Cord and Tire Fabrics market growth?
• What are the different segments of the Tire Cord and Tire Fabrics Market?
• What growth strategies are the players considering to increase their presence in Tire Cord and Tire Fabrics?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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