The global Polyester Tire Cord market size was valued at US$ 2155.2 million in 2023. With growing demand in downstream market, the Polyester Tire Cord is forecast to a readjusted size of US$ 2689.8 million by 2030 with a CAGR of 3.2% during review period.
The research report highlights the growth potential of the global Polyester Tire Cord market. Polyester Tire Cord are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Polyester Tire Cord. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Polyester Tire Cord market.
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.
Key Features:
The report on Polyester Tire Cord market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Polyester Tire Cord market. It may include historical data, market segmentation by Type (e.g., Breaking Strength Less than 150N, 150N-250N), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Polyester Tire Cord market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Polyester Tire Cord market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Polyester Tire Cord industry. This include advancements in Polyester Tire Cord technology, Polyester Tire Cord new entrants, Polyester Tire Cord new investment, and other innovations that are shaping the future of Polyester Tire Cord.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Polyester Tire Cord market. It includes factors influencing customer ' purchasing decisions, preferences for Polyester Tire Cord product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Polyester Tire Cord market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Polyester Tire Cord market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Polyester Tire Cord market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Polyester Tire Cord industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Polyester Tire Cord market.
Market Segmentation:
Polyester Tire Cord market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
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 analyzing 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 type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Polyester Tire Cord Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Polyester Tire Cord by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Polyester Tire Cord by Country/Region, 2019, 2023 & 2030
2.2 Polyester Tire Cord Segment by Type
2.2.1 Breaking Strength Less than 150N
2.2.2 150N-250N
2.2.3 More than 250N
2.3 Polyester Tire Cord Sales by Type
2.3.1 Global Polyester Tire Cord Sales Market Share by Type (2019-2024)
2.3.2 Global Polyester Tire Cord Revenue and Market Share by Type (2019-2024)
2.3.3 Global Polyester Tire Cord Sale Price by Type (2019-2024)
2.4 Polyester Tire Cord Segment by Application
2.4.1 Passenger Cars
2.4.2 Commercial Vehicles
2.5 Polyester Tire Cord Sales by Application
2.5.1 Global Polyester Tire Cord Sale Market Share by Application (2019-2024)
2.5.2 Global Polyester Tire Cord Revenue and Market Share by Application (2019-2024)
2.5.3 Global Polyester Tire Cord Sale Price by Application (2019-2024)
3 Global Polyester Tire Cord by Company
3.1 Global Polyester Tire Cord Breakdown Data by Company
3.1.1 Global Polyester Tire Cord Annual Sales by Company (2019-2024)
3.1.2 Global Polyester Tire Cord Sales Market Share by Company (2019-2024)
3.2 Global Polyester Tire Cord Annual Revenue by Company (2019-2024)
3.2.1 Global Polyester Tire Cord Revenue by Company (2019-2024)
3.2.2 Global Polyester Tire Cord Revenue Market Share by Company (2019-2024)
3.3 Global Polyester Tire Cord Sale Price by Company
3.4 Key Manufacturers Polyester Tire Cord Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Polyester Tire Cord Product Location Distribution
3.4.2 Players Polyester Tire Cord Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Polyester Tire Cord by Geographic Region
4.1 World Historic Polyester Tire Cord Market Size by Geographic Region (2019-2024)
4.1.1 Global Polyester Tire Cord Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Polyester Tire Cord Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Polyester Tire Cord Market Size by Country/Region (2019-2024)
4.2.1 Global Polyester Tire Cord Annual Sales by Country/Region (2019-2024)
4.2.2 Global Polyester Tire Cord Annual Revenue by Country/Region (2019-2024)
4.3 Americas Polyester Tire Cord Sales Growth
4.4 APAC Polyester Tire Cord Sales Growth
4.5 Europe Polyester Tire Cord Sales Growth
4.6 Middle East & Africa Polyester Tire Cord Sales Growth
5 Americas
5.1 Americas Polyester Tire Cord Sales by Country
5.1.1 Americas Polyester Tire Cord Sales by Country (2019-2024)
5.1.2 Americas Polyester Tire Cord Revenue by Country (2019-2024)
5.2 Americas Polyester Tire Cord Sales by Type
5.3 Americas Polyester Tire Cord Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Polyester Tire Cord Sales by Region
6.1.1 APAC Polyester Tire Cord Sales by Region (2019-2024)
6.1.2 APAC Polyester Tire Cord Revenue by Region (2019-2024)
6.2 APAC Polyester Tire Cord Sales by Type
6.3 APAC Polyester Tire Cord Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Polyester Tire Cord by Country
7.1.1 Europe Polyester Tire Cord Sales by Country (2019-2024)
7.1.2 Europe Polyester Tire Cord Revenue by Country (2019-2024)
7.2 Europe Polyester Tire Cord Sales by Type
7.3 Europe Polyester Tire Cord Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Polyester Tire Cord by Country
8.1.1 Middle East & Africa Polyester Tire Cord Sales by Country (2019-2024)
8.1.2 Middle East & Africa Polyester Tire Cord Revenue by Country (2019-2024)
8.2 Middle East & Africa Polyester Tire Cord Sales by Type
8.3 Middle East & Africa Polyester Tire Cord Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Polyester Tire Cord
10.3 Manufacturing Process Analysis of Polyester Tire Cord
10.4 Industry Chain Structure of Polyester Tire Cord
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Polyester Tire Cord Distributors
11.3 Polyester Tire Cord Customer
12 World Forecast Review for Polyester Tire Cord by Geographic Region
12.1 Global Polyester Tire Cord Market Size Forecast by Region
12.1.1 Global Polyester Tire Cord Forecast by Region (2025-2030)
12.1.2 Global Polyester Tire Cord Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Polyester Tire Cord Forecast by Type
12.7 Global Polyester Tire Cord Forecast by Application
13 Key Players Analysis
13.1 Hyosung
13.1.1 Hyosung Company Information
13.1.2 Hyosung Polyester Tire Cord Product Portfolios and Specifications
13.1.3 Hyosung Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Hyosung Main Business Overview
13.1.5 Hyosung Latest Developments
13.2 Kordsa Global
13.2.1 Kordsa Global Company Information
13.2.2 Kordsa Global Polyester Tire Cord Product Portfolios and Specifications
13.2.3 Kordsa Global Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Kordsa Global Main Business Overview
13.2.5 Kordsa Global Latest Developments
13.3 Kolon Industries
13.3.1 Kolon Industries Company Information
13.3.2 Kolon Industries Polyester Tire Cord Product Portfolios and Specifications
13.3.3 Kolon Industries Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Kolon Industries Main Business Overview
13.3.5 Kolon Industries Latest Developments
13.4 Shenma
13.4.1 Shenma Company Information
13.4.2 Shenma Polyester Tire Cord Product Portfolios and Specifications
13.4.3 Shenma Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Shenma Main Business Overview
13.4.5 Shenma Latest Developments
13.5 Junma
13.5.1 Junma Company Information
13.5.2 Junma Polyester Tire Cord Product Portfolios and Specifications
13.5.3 Junma Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Junma Main Business Overview
13.5.5 Junma Latest Developments
13.6 Century Enka
13.6.1 Century Enka Company Information
13.6.2 Century Enka Polyester Tire Cord Product Portfolios and Specifications
13.6.3 Century Enka Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Century Enka Main Business Overview
13.6.5 Century Enka Latest Developments
13.7 Performance Fibers
13.7.1 Performance Fibers Company Information
13.7.2 Performance Fibers Polyester Tire Cord Product Portfolios and Specifications
13.7.3 Performance Fibers Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Performance Fibers Main Business Overview
13.7.5 Performance Fibers Latest Developments
13.8 Far Eastern Group
13.8.1 Far Eastern Group Company Information
13.8.2 Far Eastern Group Polyester Tire Cord Product Portfolios and Specifications
13.8.3 Far Eastern Group Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Far Eastern Group Main Business Overview
13.8.5 Far Eastern Group Latest Developments
13.9 Hailide
13.9.1 Hailide Company Information
13.9.2 Hailide Polyester Tire Cord Product Portfolios and Specifications
13.9.3 Hailide Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Hailide Main Business Overview
13.9.5 Hailide Latest Developments
13.10 Kordarna Plus A.S.
13.10.1 Kordarna Plus A.S. Company Information
13.10.2 Kordarna Plus A.S. Polyester Tire Cord Product Portfolios and Specifications
13.10.3 Kordarna Plus A.S. Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Kordarna Plus A.S. Main Business Overview
13.10.5 Kordarna Plus A.S. Latest Developments
13.11 Shifeng
13.11.1 Shifeng Company Information
13.11.2 Shifeng Polyester Tire Cord Product Portfolios and Specifications
13.11.3 Shifeng Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Shifeng Main Business Overview
13.11.5 Shifeng Latest Developments
13.12 Madura Industrial Textiles
13.12.1 Madura Industrial Textiles Company Information
13.12.2 Madura Industrial Textiles Polyester Tire Cord Product Portfolios and Specifications
13.12.3 Madura Industrial Textiles Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Madura Industrial Textiles Main Business Overview
13.12.5 Madura Industrial Textiles Latest Developments
13.13 Haiyang Chemical
13.13.1 Haiyang Chemical Company Information
13.13.2 Haiyang Chemical Polyester Tire Cord Product Portfolios and Specifications
13.13.3 Haiyang Chemical Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Haiyang Chemical Main Business Overview
13.13.5 Haiyang Chemical Latest Developments
13.14 Taiji
13.14.1 Taiji Company Information
13.14.2 Taiji Polyester Tire Cord Product Portfolios and Specifications
13.14.3 Taiji Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Taiji Main Business Overview
13.14.5 Taiji Latest Developments
13.15 Teijin
13.15.1 Teijin Company Information
13.15.2 Teijin Polyester Tire Cord Product Portfolios and Specifications
13.15.3 Teijin Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Teijin Main Business Overview
13.15.5 Teijin Latest Developments
13.16 SRF Ltd
13.16.1 SRF Ltd Company Information
13.16.2 SRF Ltd Polyester Tire Cord Product Portfolios and Specifications
13.16.3 SRF Ltd Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 SRF Ltd Main Business Overview
13.16.5 SRF Ltd Latest Developments
13.17 Cordenka
13.17.1 Cordenka Company Information
13.17.2 Cordenka Polyester Tire Cord Product Portfolios and Specifications
13.17.3 Cordenka Polyester Tire Cord Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Cordenka Main Business Overview
13.17.5 Cordenka Latest Developments
14 Research Findings and Conclusion
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