Key Insights
The global Polyester Tire Cord Fabrics market is poised for significant expansion, driven by the automotive sector's robust performance and the escalating demand for high-performance tires. The market is valued at $9.3 billion in 2025 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.1%. This growth is propelled by several key factors: the increasing adoption of radial tires, which require substantially more polyester tire cord fabrics than bias-ply tires; ongoing advancements in polyester fiber technology enhancing tire durability, fuel efficiency, and safety; and the rising prevalence of electric vehicles (EVs), necessitating tires with specialized performance characteristics optimally delivered by polyester cord fabrics. Leading companies such as Kordsa, Indorama Ventures, Kolon Industries, and Hyosung are spearheading innovation and increasing production capacities to address the surging global demand. However, volatility in raw material prices, particularly petroleum derivatives, and potential supply chain disruptions present challenges to sustained market growth. The market is segmented by tire type (radial, bias), application (passenger vehicles, commercial vehicles), and geographic region, with growth rates varying significantly based on automotive production and infrastructure development.
Polyester Tire Cord Fabrics Industry Market Size (In Billion)
Further analysis indicates a concentrated yet competitive market. Key players are prioritizing strategic alliances, mergers and acquisitions, and technological innovation to secure market share and penetrate new regions. The automotive industry's growing emphasis on sustainability is also impacting the market, with manufacturers exploring environmentally friendly production processes and investigating bio-based alternatives for polyester tire cord fabrics. While specific regional data is limited, North America and Asia Pacific are anticipated to lead the market due to their strong automotive industries and substantial manufacturing capabilities. Future growth will be contingent on the global economic landscape, advancements in tire manufacturing technology, and the continued adoption of sophisticated tire solutions.
Polyester Tire Cord Fabrics Industry Company Market Share
Polyester Tire Cord Fabrics Industry Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the global Polyester Tire Cord Fabrics industry, covering the historical period (2019-2024), base year (2025), and forecast period (2025-2033). The study offers invaluable insights into market size, growth drivers, competitive dynamics, and future trends, empowering businesses to make informed strategic decisions. With a focus on key players like Kordsa Teknik Tekstil A S, Indorama Ventures Public Company Limited, Kolon Industries Inc, HYOSUNG, SRF Limited, TEIJIN FRONTIER (U S A ) INC, TORAY INDUSTRIES INC, Madura Industrial Textiles Ltd, KORDRNA Plus a s, Zhejiang Hailide New Material Co Ltd, and Firestone Fibers & Textiles, this report is a must-have for industry professionals and investors. The total market value in 2025 is estimated at xx Million.
Polyester Tire Cord Fabrics Industry Market Structure & Competitive Dynamics
The Polyester Tire Cord Fabrics market exhibits a moderately concentrated structure, with several key players holding significant market share. Market concentration is influenced by factors such as economies of scale in production, technological advancements, and access to raw materials. Innovation ecosystems are dynamic, with ongoing R&D efforts focused on improving fabric strength, durability, and fuel efficiency. Regulatory frameworks, including environmental regulations and safety standards, play a crucial role in shaping industry practices. Product substitutes, such as steel cord and other high-performance fibers, present competitive pressure, while end-user trends toward lighter vehicles and improved tire performance drive demand for advanced polyester tire cord fabrics. M&A activities have been relatively moderate, with deal values varying depending on the size and strategic fit of the companies involved. For instance, xx Million in M&A deals were recorded in 2024. Key players’ market share data is unavailable but expected to be distributed among several companies.
Polyester Tire Cord Fabrics Industry Industry Trends & Insights
The global Polyester Tire Cord Fabrics market is experiencing robust growth, driven by the expanding automotive sector, particularly in emerging economies. The Compound Annual Growth Rate (CAGR) is projected to be xx% during the forecast period (2025-2033). Technological disruptions, such as advancements in fiber production techniques and the introduction of innovative coating materials, are enhancing product performance and efficiency. Consumer preferences for improved fuel economy and longer tire lifespan are pushing demand for high-performance polyester tire cord fabrics. Intense competition among major players is leading to price pressures and continuous innovation, thereby benefiting consumers. Market penetration is predicted at xx% in the key regional markets by 2033.
Dominant Markets & Segments in Polyester Tire Cord Fabrics Industry
The Asia-Pacific region, particularly China and India, dominates the Polyester Tire Cord Fabrics market due to booming automotive production and rising infrastructure development.
- Key Drivers in Asia-Pacific:
- Rapid growth of the automotive industry.
- Increasing infrastructure investment.
- Favorable government policies promoting vehicle production.
- Lower production costs compared to other regions.
China's dominance is further amplified by significant investments in domestic tire manufacturing and substantial capacity expansions by leading players like Zhejiang Hailide New Material Co Ltd. The region's strong economic growth and expanding middle class fuel demand for vehicles, directly impacting the demand for high-quality tire cords. Europe and North America also represent significant markets, albeit with slower growth rates compared to the Asia-Pacific region.
Polyester Tire Cord Fabrics Industry Product Innovations
Recent product innovations focus on enhancing tensile strength, fatigue resistance, and heat resistance of polyester tire cord fabrics. This involves the development of new polymer blends, advanced coating technologies, and improved fiber structures. These advancements cater to the growing demand for high-performance tires in the automotive and other industries. Such innovations lead to reduced tire weight, improved fuel efficiency, and enhanced durability, enhancing the competitive advantage for manufacturers.
Report Segmentation & Scope
The report segments the Polyester Tire Cord Fabrics market based on various factors, including:
- By Product Type: This segment includes various types of polyester tire cord fabrics differing in strength, flexibility, and other specifications, each with different growth projections and market sizes.
- By Application: This covers various applications of the tire cord fabrics, such as radial and bias tires, passenger car tires, truck tires and other vehicle tires.
- By Region: This includes detailed regional breakdowns of the market across several geographical zones.
Each segment's market size, growth projections, and competitive dynamics are thoroughly analyzed in the report.
Key Drivers of Polyester Tire Cord Fabrics Industry Growth
Several factors drive the growth of the Polyester Tire Cord Fabrics industry:
- Increased Automotive Production: The global automotive industry's expansion is a primary driver, demanding more tires and hence, tire cords.
- Technological Advancements: Innovations in fiber technology are improving product performance, driving market growth.
- Government Regulations: Stringent environmental regulations are prompting the development of fuel-efficient tires, increasing the demand for lightweight tire cord fabrics.
Challenges in the Polyester Tire Cord Fabrics Industry Sector
The Polyester Tire Cord Fabrics industry faces certain challenges:
- Fluctuating Raw Material Prices: Prices of raw materials significantly impact production costs and profitability.
- Intense Competition: The competitive landscape compels continuous innovation and cost optimization.
- Environmental Concerns: Sustainability and environmental regulations impose constraints on manufacturing processes.
These factors are quantified to demonstrate their impact on the market's overall growth.
Leading Players in the Polyester Tire Cord Fabrics Industry Market
- Kordsa Teknik Tekstil A S
- Indorama Ventures Public Company Limited
- Kolon Industries Inc
- HYOSUNG
- SRF Limited
- TEIJIN FRONTIER(U S A )INC
- TORAY INDUSTRIES INC
- Madura Industrial Textiles Ltd
- KORDRNA Plus a s
- Zhejiang Hailide New Material Co Ltd
- Firestone Fibers & Textiles
*List Not Exhaustive
Key Developments in Polyester Tire Cord Fabrics Industry Sector
- January 2021: Kolon Industries Inc. announced expansion of its polyester tire cord plant in Vietnam, boosting annual production capacity by 19,200 tons.
- March 2021: Zhejiang Hailide New Material Co. Ltd. unveiled plans for capacity addition, creating the largest production capacity of polyester tire cord fabric in China.
These developments significantly impact market dynamics, influencing supply, competition, and overall market share.
Strategic Polyester Tire Cord Fabrics Industry Market Outlook
The future of the Polyester Tire Cord Fabrics market looks promising, with continued growth driven by the increasing demand for high-performance tires in emerging economies and technological innovations. Strategic opportunities lie in focusing on sustainability, developing innovative products, and expanding into new markets. Companies investing in R&D and adopting efficient manufacturing practices are well-positioned to capitalize on future growth prospects. The market is expected to reach xx Million by 2033, presenting significant investment potential.
Polyester Tire Cord Fabrics Industry Segmentation
-
1. Tire Type
- 1.1. Radial Tire
- 1.2. Biased Tire
-
2. Application
- 2.1. Passenger Cars
- 2.2. Commercial Vehicles
- 2.3. Other Applications
Polyester Tire Cord Fabrics Industry Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. Rest of Asia Pacific
-
2. North America
- 2.1. United States
- 2.2. Canada
- 2.3. Mexico
-
3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. Italy
- 3.4. France
- 3.5. Rest of Europe
-
4. South America
- 4.1. Brazil
- 4.2. Argentina
- 4.3. Rest of South America
-
5. Middle East and Africa
- 5.1. Saudi Arabia
- 5.2. South Africa
- 5.3. Rest of Middle East and Africa
Polyester Tire Cord Fabrics Industry Regional Market Share
Geographic Coverage of Polyester Tire Cord Fabrics Industry
Polyester Tire Cord Fabrics Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 7.1% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Demand for Passenger Cars in the Emerging Economies; Increasing Preference for Fuel Efficient Tires
- 3.3. Market Restrains
- 3.3.1. Rising Demand for Passenger Cars in the Emerging Economies; Increasing Preference for Fuel Efficient Tires
- 3.4. Market Trends
- 3.4.1. Rising Demand for Passenger Cars in the Emerging Economies
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Polyester Tire Cord Fabrics Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Tire Type
- 5.1.1. Radial Tire
- 5.1.2. Biased Tire
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Passenger Cars
- 5.2.2. Commercial Vehicles
- 5.2.3. Other Applications
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Asia Pacific
- 5.3.2. North America
- 5.3.3. Europe
- 5.3.4. South America
- 5.3.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Tire Type
- 6. Asia Pacific Polyester Tire Cord Fabrics Industry Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Tire Type
- 6.1.1. Radial Tire
- 6.1.2. Biased Tire
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Passenger Cars
- 6.2.2. Commercial Vehicles
- 6.2.3. Other Applications
- 6.1. Market Analysis, Insights and Forecast - by Tire Type
- 7. North America Polyester Tire Cord Fabrics Industry Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Tire Type
- 7.1.1. Radial Tire
- 7.1.2. Biased Tire
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Passenger Cars
- 7.2.2. Commercial Vehicles
- 7.2.3. Other Applications
- 7.1. Market Analysis, Insights and Forecast - by Tire Type
- 8. Europe Polyester Tire Cord Fabrics Industry Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Tire Type
- 8.1.1. Radial Tire
- 8.1.2. Biased Tire
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Passenger Cars
- 8.2.2. Commercial Vehicles
- 8.2.3. Other Applications
- 8.1. Market Analysis, Insights and Forecast - by Tire Type
- 9. South America Polyester Tire Cord Fabrics Industry Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Tire Type
- 9.1.1. Radial Tire
- 9.1.2. Biased Tire
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Passenger Cars
- 9.2.2. Commercial Vehicles
- 9.2.3. Other Applications
- 9.1. Market Analysis, Insights and Forecast - by Tire Type
- 10. Middle East and Africa Polyester Tire Cord Fabrics Industry Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Tire Type
- 10.1.1. Radial Tire
- 10.1.2. Biased Tire
- 10.2. Market Analysis, Insights and Forecast - by Application
- 10.2.1. Passenger Cars
- 10.2.2. Commercial Vehicles
- 10.2.3. Other Applications
- 10.1. Market Analysis, Insights and Forecast - by Tire Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Kordsa Teknik Tekstil A S
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Indorama Ventures Public Company Limited
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Kolon Industries Inc
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 HYOSUNG
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 SRF Limited
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 TEIJIN FRONTIER(U S A )INC
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 TORAY INDUSTRIES INC
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Madura Industrial Textiles Ltd
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 KORDRNA Plus a s
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Zhejiang Hailide New Material Co Ltd
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Firestone Fibers & Textiles*List Not Exhaustive
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.1 Kordsa Teknik Tekstil A S
List of Figures
- Figure 1: Global Polyester Tire Cord Fabrics Industry Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: Asia Pacific Polyester Tire Cord Fabrics Industry Revenue (billion), by Tire Type 2025 & 2033
- Figure 3: Asia Pacific Polyester Tire Cord Fabrics Industry Revenue Share (%), by Tire Type 2025 & 2033
- Figure 4: Asia Pacific Polyester Tire Cord Fabrics Industry Revenue (billion), by Application 2025 & 2033
- Figure 5: Asia Pacific Polyester Tire Cord Fabrics Industry Revenue Share (%), by Application 2025 & 2033
- Figure 6: Asia Pacific Polyester Tire Cord Fabrics Industry Revenue (billion), by Country 2025 & 2033
- Figure 7: Asia Pacific Polyester Tire Cord Fabrics Industry Revenue Share (%), by Country 2025 & 2033
- Figure 8: North America Polyester Tire Cord Fabrics Industry Revenue (billion), by Tire Type 2025 & 2033
- Figure 9: North America Polyester Tire Cord Fabrics Industry Revenue Share (%), by Tire Type 2025 & 2033
- Figure 10: North America Polyester Tire Cord Fabrics Industry Revenue (billion), by Application 2025 & 2033
- Figure 11: North America Polyester Tire Cord Fabrics Industry Revenue Share (%), by Application 2025 & 2033
- Figure 12: North America Polyester Tire Cord Fabrics Industry Revenue (billion), by Country 2025 & 2033
- Figure 13: North America Polyester Tire Cord Fabrics Industry Revenue Share (%), by Country 2025 & 2033
- Figure 14: Europe Polyester Tire Cord Fabrics Industry Revenue (billion), by Tire Type 2025 & 2033
- Figure 15: Europe Polyester Tire Cord Fabrics Industry Revenue Share (%), by Tire Type 2025 & 2033
- Figure 16: Europe Polyester Tire Cord Fabrics Industry Revenue (billion), by Application 2025 & 2033
- Figure 17: Europe Polyester Tire Cord Fabrics Industry Revenue Share (%), by Application 2025 & 2033
- Figure 18: Europe Polyester Tire Cord Fabrics Industry Revenue (billion), by Country 2025 & 2033
- Figure 19: Europe Polyester Tire Cord Fabrics Industry Revenue Share (%), by Country 2025 & 2033
- Figure 20: South America Polyester Tire Cord Fabrics Industry Revenue (billion), by Tire Type 2025 & 2033
- Figure 21: South America Polyester Tire Cord Fabrics Industry Revenue Share (%), by Tire Type 2025 & 2033
- Figure 22: South America Polyester Tire Cord Fabrics Industry Revenue (billion), by Application 2025 & 2033
- Figure 23: South America Polyester Tire Cord Fabrics Industry Revenue Share (%), by Application 2025 & 2033
- Figure 24: South America Polyester Tire Cord Fabrics Industry Revenue (billion), by Country 2025 & 2033
- Figure 25: South America Polyester Tire Cord Fabrics Industry Revenue Share (%), by Country 2025 & 2033
- Figure 26: Middle East and Africa Polyester Tire Cord Fabrics Industry Revenue (billion), by Tire Type 2025 & 2033
- Figure 27: Middle East and Africa Polyester Tire Cord Fabrics Industry Revenue Share (%), by Tire Type 2025 & 2033
- Figure 28: Middle East and Africa Polyester Tire Cord Fabrics Industry Revenue (billion), by Application 2025 & 2033
- Figure 29: Middle East and Africa Polyester Tire Cord Fabrics Industry Revenue Share (%), by Application 2025 & 2033
- Figure 30: Middle East and Africa Polyester Tire Cord Fabrics Industry Revenue (billion), by Country 2025 & 2033
- Figure 31: Middle East and Africa Polyester Tire Cord Fabrics Industry Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Tire Type 2020 & 2033
- Table 2: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Application 2020 & 2033
- Table 3: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Tire Type 2020 & 2033
- Table 5: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Application 2020 & 2033
- Table 6: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 7: China Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 8: India Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 9: Japan Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 10: South Korea Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 11: Rest of Asia Pacific Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 12: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Tire Type 2020 & 2033
- Table 13: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Application 2020 & 2033
- Table 14: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 15: United States Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 16: Canada Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 17: Mexico Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 18: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Tire Type 2020 & 2033
- Table 19: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Application 2020 & 2033
- Table 20: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 21: Germany Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 22: United Kingdom Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 23: Italy Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 24: France Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 25: Rest of Europe Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 26: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Tire Type 2020 & 2033
- Table 27: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Application 2020 & 2033
- Table 28: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 29: Brazil Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 30: Argentina Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 31: Rest of South America Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 32: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Tire Type 2020 & 2033
- Table 33: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Application 2020 & 2033
- Table 34: Global Polyester Tire Cord Fabrics Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 35: Saudi Arabia Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 36: South Africa Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 37: Rest of Middle East and Africa Polyester Tire Cord Fabrics Industry Revenue (billion) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Polyester Tire Cord Fabrics Industry?
The projected CAGR is approximately 7.1%.
2. Which companies are prominent players in the Polyester Tire Cord Fabrics Industry?
Key companies in the market include Kordsa Teknik Tekstil A S, Indorama Ventures Public Company Limited, Kolon Industries Inc, HYOSUNG, SRF Limited, TEIJIN FRONTIER(U S A )INC, TORAY INDUSTRIES INC, Madura Industrial Textiles Ltd, KORDRNA Plus a s, Zhejiang Hailide New Material Co Ltd, Firestone Fibers & Textiles*List Not Exhaustive.
3. What are the main segments of the Polyester Tire Cord Fabrics Industry?
The market segments include Tire Type, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 9.3 billion as of 2022.
5. What are some drivers contributing to market growth?
Rising Demand for Passenger Cars in the Emerging Economies; Increasing Preference for Fuel Efficient Tires.
6. What are the notable trends driving market growth?
Rising Demand for Passenger Cars in the Emerging Economies.
7. Are there any restraints impacting market growth?
Rising Demand for Passenger Cars in the Emerging Economies; Increasing Preference for Fuel Efficient Tires.
8. Can you provide examples of recent developments in the market?
In March 2021, Zhejiang Hailide New Material Co. Ltd unveiled plans of capacity addition, which will result in the largest production capacity of polyester tire cord fabric in China.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Polyester Tire Cord Fabrics Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Polyester Tire Cord Fabrics Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Polyester Tire Cord Fabrics Industry?
To stay informed about further developments, trends, and reports in the Polyester Tire Cord Fabrics Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence