Global Polyester Tire Cord Market Growth 2025-2031
Description
The global Polyester Tire Cord market size is predicted to grow from US$ 2341 million in 2025 to US$ 2831 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Polyester tire cord is a type of tire reinforcement material that is crucial in the production of tires. It provides strength, stability, and durability to tires, contributing to their overall performance and safety. Polyester tire cord is made from polyester yarns, which are woven into a cord fabric and then integrated into the tire"s structure during the tire manufacturing process.
Polyester tire cords are a crucial component in the tire industry, providing strength and stability to tires. Here are some key factors influencing the growth of the polyester tire cord market:
Automotive Industry Growth:
The growth of the automotive industry directly impacts the demand for tires, subsequently driving the demand for materials like polyester tire cords used in tire manufacturing.
Demand for Fuel-Efficient Tires:
There"s a growing demand for fuel-efficient tires to meet environmental regulations and reduce fuel consumption. Polyester tire cords are preferred for their lightweight properties, contributing to fuel efficiency.
Advantages of Polyester Tire Cords:
Polyester tire cords offer excellent strength, durability, resistance to moisture, and abrasion resistance, making them a preferred choice for tire reinforcement.
Focus on Sustainability:
Polyester is considered a more sustainable material compared to some alternatives. The increasing emphasis on sustainability and environmentally friendly materials is likely to boost the demand for polyester tire cords.
Research and Development:
Ongoing research and development efforts in tire technology aim to enhance tire performance, longevity, and fuel efficiency. Innovations in tire cord design and materials, including polyester, contribute to market growth.
Emerging Markets:
Emerging markets, particularly in Asia-Pacific and Latin America, are witnessing robust growth in the automotive sector. This growth leads to increased demand for tires and, consequently, for polyester tire cords.
LP Information, Inc. (LPI) ' newest research report, the “Polyester Tire Cord Industry Forecast” looks at past sales and reviews total world Polyester Tire Cord sales in 2024, providing a comprehensive analysis by region and market sector of projected Polyester Tire Cord sales for 2025 through 2031. With Polyester Tire Cord sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyester Tire Cord industry.
This Insight Report provides a comprehensive analysis of the global Polyester Tire Cord landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyester Tire Cord portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polyester Tire Cord market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyester Tire Cord and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyester Tire Cord.
This report presents a comprehensive overview, market shares, and growth opportunities of Polyester Tire Cord market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Breaking Strength Less than 150N
150N-250N
More than 250N
Segmentation by Application:
Passenger Cars
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hyosung
Kordsa Global
Kolon Industries
Shenma
Junma
Century Enka
Performance Fibers
Far Eastern Group
Hailide
Kordarna Plus A.S.
Shifeng
Madura Industrial Textiles
Haiyang Chemical
Taiji
Teijin
SRF Ltd
Cordenka
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polyester Tire Cord market?
What factors are driving Polyester Tire Cord market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polyester Tire Cord market opportunities vary by end market size?
How does Polyester Tire Cord break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Polyester tire cord is a type of tire reinforcement material that is crucial in the production of tires. It provides strength, stability, and durability to tires, contributing to their overall performance and safety. Polyester tire cord is made from polyester yarns, which are woven into a cord fabric and then integrated into the tire"s structure during the tire manufacturing process.
Polyester tire cords are a crucial component in the tire industry, providing strength and stability to tires. Here are some key factors influencing the growth of the polyester tire cord market:
Automotive Industry Growth:
The growth of the automotive industry directly impacts the demand for tires, subsequently driving the demand for materials like polyester tire cords used in tire manufacturing.
Demand for Fuel-Efficient Tires:
There"s a growing demand for fuel-efficient tires to meet environmental regulations and reduce fuel consumption. Polyester tire cords are preferred for their lightweight properties, contributing to fuel efficiency.
Advantages of Polyester Tire Cords:
Polyester tire cords offer excellent strength, durability, resistance to moisture, and abrasion resistance, making them a preferred choice for tire reinforcement.
Focus on Sustainability:
Polyester is considered a more sustainable material compared to some alternatives. The increasing emphasis on sustainability and environmentally friendly materials is likely to boost the demand for polyester tire cords.
Research and Development:
Ongoing research and development efforts in tire technology aim to enhance tire performance, longevity, and fuel efficiency. Innovations in tire cord design and materials, including polyester, contribute to market growth.
Emerging Markets:
Emerging markets, particularly in Asia-Pacific and Latin America, are witnessing robust growth in the automotive sector. This growth leads to increased demand for tires and, consequently, for polyester tire cords.
LP Information, Inc. (LPI) ' newest research report, the “Polyester Tire Cord Industry Forecast” looks at past sales and reviews total world Polyester Tire Cord sales in 2024, providing a comprehensive analysis by region and market sector of projected Polyester Tire Cord sales for 2025 through 2031. With Polyester Tire Cord sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyester Tire Cord industry.
This Insight Report provides a comprehensive analysis of the global Polyester Tire Cord landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyester Tire Cord portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polyester Tire Cord market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyester Tire Cord and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyester Tire Cord.
This report presents a comprehensive overview, market shares, and growth opportunities of Polyester Tire Cord market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Breaking Strength Less than 150N
150N-250N
More than 250N
Segmentation by Application:
Passenger Cars
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hyosung
Kordsa Global
Kolon Industries
Shenma
Junma
Century Enka
Performance Fibers
Far Eastern Group
Hailide
Kordarna Plus A.S.
Shifeng
Madura Industrial Textiles
Haiyang Chemical
Taiji
Teijin
SRF Ltd
Cordenka
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polyester Tire Cord market?
What factors are driving Polyester Tire Cord market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polyester Tire Cord market opportunities vary by end market size?
How does Polyester Tire Cord break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
141 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Polyester Tire Cord by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Polyester Tire Cord by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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