Global Tire Chord and Tire Fabrics Market Insights, Forecast to 2028

Tire cords and tire fabrics are fabrics manufactured by using superior quality yarns. These cords and fabrics have better abrasion resistance, high tensile strength, controlled deformation, etc. 
Market Analysis and Insights: Global Tire Chord and Tire Fabrics Market
Due to the COVID-19 pandemic, the global Tire Chord and Tire Fabrics market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Steel Cord accounting for % of the Tire Chord and Tire Fabrics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Automotive segment is altered to an % CAGR throughout this forecast period.
China Tire Chord and Tire Fabrics market size is valued at US$ million in 2021, while the US and Europe Tire Chord and Tire Fabrics are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Tire Chord and Tire Fabrics landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Tire Chord and Tire Fabrics include Kolon Industries, Kordsa Global, Hyosung Corporation, SRF Ltd., Milliken & Company Inc., Firestone Fibers & Textile Company, Cordenka GmbH & Co. KG, Kordarna Plus A.S. and Teijin Ltd. and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Tire Chord and Tire Fabrics capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Tire Chord and Tire Fabrics by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Tire Chord and Tire Fabrics Scope and Segment
Tire Chord and Tire Fabrics market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Tire Chord and Tire Fabrics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Steel Cord
Polyester
Nylon Dipped Cord
Rayon Cord
Others
Segment by Application
Automotive
Aerocraft
Bicycles
Others
By Company
Kolon Industries
Kordsa Global
Hyosung Corporation
SRF Ltd.
Milliken & Company Inc.
Firestone Fibers & Textile Company
Cordenka GmbH & Co. KG
Kordarna Plus A.S.
Teijin Ltd.
Tokusen U.S.A.
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE