Tire Cord Fabric Market

Tire Cord Fabric Market Summary:

As per Transpire Insight Analysis, the Tire Cord Fabric Market size is estimated at USD 6.48 Billion in 2025 and is anticipated to reach USD 8.93 Billion by 2033, growing at a CAGR of 4.1% from 2026 to 2033. Growth is due to increasing production of automobiles, increased demand for durable tires, and the use of high-tech and environmentally friendly materials.

The tire cord fabric market is changing because people want tires that are lighter and stronger. Tire companies are looking for materials to use in their tires. They want materials that are good and can help the tires longer. Over the past few years, people have started to use different kinds of materials like strong polyester and special hybrid materials. One big change is that people are making tires for vehicles. These vehicles are heavy because of the batteries, so they need tires that are strong but also light. At the time companies are trying to use materials that are better for the environment. They want to use materials and things that do not harm the earth.

More people are making vehicles, and this means that tire companies need to make better tires. They need tires that can handle the weight and last a long time. The tire cord fabric market is important because it helps make tyres that are good and safe. Tire companies are looking for better materials to use in their tires like advanced cord fabrics. These fabrics can help make stronger tyres, handle better and are good for the environment. The tire cord fabric market is. Companies are working to make better tires, for everyone.

Tire Cord Fabric Market Size & Forecast:

• Market Size 2025: USD 6.48 Billion
• Expected Market Value (2033): USD 15.26 Billion
• Forecast CAGR (2026–2033): 4.1%
• Leading Region in 2025: Asia Pacific
• Fastest Growing Region: Europe
• Key Company Profiles: Kordsa, Hyosung Advanced Materials, Kolon Industries, SRF Limited, Indorama Ventures, Century Enka, Toray Industries, Teijin, Milliken & Company, Firestone Fibers & Textiles, Shenma Industrial, Cordenka, Asahi Kasei, Far Eastern New Century, Junma Tyre Cord.

Key Market Insights:

In the tire cord fabrics market, there is a trend towards developing lightweight but high-strength and application-specific reinforcement materials. Polyester continues to have the highest share in terms of materials used. There is a growing emphasis on the production of tires for electric vehicles.

• Polyester Tire Cord Fabric constitutes 41% of the market and maintains its dominance in terms of strength, dimensional stability, and its usage in the production of passenger tire in large volumes.
• Nylon Tire Cord Fabric constitutes 23% of the market and continues to be used in flexible and fatigue-resistant applications.
• Steel Cord Fabric maintains a share of 15% in the market and continues to be an important material for the manufacture of radial tires because of its strength and load-carrying capacity.
• Rayon Tire Cord Fabric constitutes 10% of the market and continues to assist in applications where strength and dimensional stability are important.
• Aramid Tire Cord Fabric constitutes 8% of the market and is the fastest-growing segment at a CAGR of 16.7% as tire manufacturers increasingly look into lightweight and strong reinforcements.
• Hybrid Tire Cord Fabric constitutes 2% of the market and is gaining importance as tire manufacturers begin combining reinforcement materials to achieve strength, flexibility, and weight.

What are the Key Drivers, Restraints, and Opportunities in the Tire Cord Fabric Market?

Drivers

An important driving factor is the evolving nature of modern tires, especially for electric and performance cars. Electric vehicles add more burden on the tires due to the increased mass of the car due to the added weight of the batteries, while manufacturers are also looking at reducing the rolling resistance of the tires. This factor will lead to the use of high-strength but low-weight reinforcement material, such as high-performance polyester and aramids. It impacts the whole value chain as high-strength and reduced mass reinforcement material leads to the production of durable, good-handling, and light tires, which in turn leads to higher demand for cord fabrics.

Restraints

Raw material and cost variability are the major constraints. There are controlled manufacturing processes such as polymerisation, yarn, weaving, dipping, and finishing of tire cords that are highly sensitive to variations in costs of raw materials and energy, and transportation costs. Cheap imports may also pose a threat to established firms, especially in price-sensitive markets.

Opportunities

The major opportunity is in sustainable and high-performing reinforcement. Manufacturers are now developing recycled PET, lower-carbon steel, bio-based materials and aramid solutions. For instance, HS Hyosung Advanced Materials agreed with Tata Steel Thailand to get access to low-carbon steel materials for the production of steel tire cords.

What Has the Impact of Artificial Intelligence Been on the Tire Cord Fabric Market?

The use of artificial intelligence technologies in the manufacture of tyre cord fabrics is starting to manifest in process monitoring, quality control, predictive maintenance, and production optimisation. By applying machine data, sensor readings, production parameters, and historical quality data, manufacturers will be able to detect abnormal production states during preparation, twisting, weaving, and dipping. In addition, AI technologies can be useful in detecting any variation in tension, thickness, quality of coatings or other production parameters that can lead to the production of defective materials in large quantities.

Predictive analytics could be used by manufacturers to determine when machinery needs to be maintained. This would prevent unexpected downtimes and improve machinery utilisation. Finally, the application of AI in process optimisation could assist manufacturers in adjusting production parameters, improving consistency, and decreasing the amount of waste and energy consumption. The application of the technology becomes especially important due to increased requirements of the tire producers for advanced reinforcement products. Those companies that have capabilities to manufacture and conduct R&D are able to use production data to develop better products. In this regard, artificial intelligence is more likely to gradually penetrate the industry through selected applications. In May 2026, Michelin launched its universal tire digital twin, which utilises artificial intelligence and sophisticated mathematical modelling, along with the use of data science algorithms to evaluate vehicle and tire data in real time. The technology will be useful in improving tire performance and safety and making decisions based on predictions. Tire designs and reinforcement fabrics will be improved using such an AI-based tire design approach.

Key Market Trends

Tire cord fabric is gradually evolving from a volume-based product into a performance-, sustainability-, and application-based reinforcing fabric.

• Polyesters have continued to dominate in the market for tire cord fabric since the need for performance at a competitive price is key.
• The focus on aramid has increased as lightweight reinforcing can be a factor in high-performance and electric vehicle tires.
• Recycling of PET into new tire cord fabrics has progressed from laboratory to industrial level, thus increasing interest in sustainable reinforcements.
• Companies have shown more interest in using low-carbon steel and sustainable raw materials as tire companies push their environmental goals.
• Hybrids are becoming more popular since they are a way of merging various fibre qualities within a single tire structure.
• More data-driven manufacturing processes, where automated and digitally monitored production lines are becoming more common.
• Tire manufacturers are requesting stricter technical requirements, which encourage cord manufacturers to engage in research and development activities.
• Manufacturing facilities are now located according to regional strategies and new capacity additions close to major automotive markets.

Tire Cord Fabric Market Segmentation

By Material

In terms of the material composition, Polyester Tire Cord Fabric dominates the segment with a 41% share, followed by Nylon Tire Cord Fabric with 23%, Steel Cord Fabric with 15%, Rayon Tire Cord Fabric with 10%, Aramid Tire Cord Fabric with 8%, Hybrid Tire Cord Fabric with 2%, and others with 1%. Polyester retains its market share due to the practicality of offering the balance between strength, dimensional stability, process compatibility, and low costs in the manufacturing of tires in large volumes. Nylon continues to be an important material for use where there is a high degree of impact and fatigue, while steel is used to make radial tires. Aramid, despite having just 8% of the market share, is currently the fastest-growing material group with 16.7% CAGR.

By applications

Passenger cars are considered to be one of the prominent consumption segments due to high number of vehicles and ongoing requirement of tires. For commercial vehicles, the need for reinforced tires that can carry higher loads, operate on longer life cycles, and work in difficult environments would justify the ongoing use of nylon- and steel-based products. High-strength reinforcement will be needed for off-road vehicles as well because of the high load-carrying and rough environment requirements. Aircraft tires would constitute another smaller but sophisticated application that would call for heat resistance and strength. Two-wheeler and agricultural vehicle applications could generate demand for reinforced products as well.

By end user

 Tire manufacturers are the primary customers since cord fabric gets integrated into the tires. Tire manufacturers are demanding higher consistency in quality and technical assistance from suppliers in addition to custom-made reinforcement solutions rather than just supplying the standard fabrics. The automotive OEMs play their role in the market indirectly through tire specifications and vehicle performance specifications, especially in the case of new vehicle models. The aftermarket is a key market segment due to the fact that replacement tires constitute a large portion of the total tires production in the world. Industrial vehicle and aircraft makers offer more specialised markets due to tough performance specifications.

By Process

As per the manufacturing process, dipped tire cord fabric continues to be extremely significant due to the fact that the dipping process helps improve the bond strength between the reinforcement and the rubber, thereby making it ideal for use in tires. Cord fabrics that are not dipped are used where further processing of the fabric is needed. High tenacity cord fabrics are becoming increasingly popular as there are efforts on the part of tire makers to have better reinforcing material without any increase in weight. Eco-friendly cord fabrics also constitute a new development due to the increasing popularity of recycled and renewable raw materials.

By distribution channel

The tire cord fabric is a highly technical component that typically demands qualification and specification matching along with relationship building. Suppliers of original equipment manufacturing will continue to be significant players in bringing together cord producers and their tire and automotive manufacturing programs. Industrial distributors can assist in servicing smaller or regional clients, whereas exporters will facilitate the entry of manufacturers into markets where local manufacturing does not exist. Distribution channels of the future are bound to be relationship-based rather than transactional in nature since tire manufacturers demand reliable supplies with technical specifications and customer support.

What are the Key Use Cases Driving the Tire Cord Fabric Market?

Tires for passenger cars represent the main application field, which is strongly associated with of polyester tire cord fabric. The presence of reinforcement by means of polyester provides for stability and durability in high-volume passenger applications. Commercial vehicles, tires for off-road purposes, two-wheelers, and farm equipment represent other applications in which resistance to impact, fatigue, and heavy loads plays a significant role. In such challenging applications, steel and nylon reinforcements remain relevant. The new trends in the use of tire cords involve electric vehicles, premium tyres, lightweight tyres, and sustainable tires. Aramid and hybrid reinforcements can provide the necessary reinforcement for lightweight tyres, whereas PET-based recycled and low-carbon materials can be used for producing sustainable tires.

Which Regions are Driving the Tire Cord Fabric Market Growth?

North America

The share of North America in the tire cord fabric market is 21% due to replacement tire demand in commercial vehicles and established automotive manufacturing in the region. There is a well-developed tire market in the region where there is a need for durable and high-performance reinforcing materials. The rise in use of electric vehicles and higher-quality tires is providing growth prospects for advanced tire cord fabrics. It is projected that the region will have steady demand with manufacturers trying to increase the durability, efficiency, and performance of tires. In May 2026, Continental unveiled plans to develop an advanced automated finished goods warehouse at its tire factory located in Mount Vernon, Illinois. This development is aimed at improving the ability of the company to manufacture and distribute its tires in North America, in response to the increasing demand for high-quality tires and the reinforcements used in tire production.

Europe

Europe occupies 24% of the tire cord fabric market, and is increasingly interested in advanced tire technologies and green production. In contrast to Asia Pacific the European tire cord fabric market is affected by environmental requirements, the spread of electric vehicles and the demand for low rolling resistance tires. This trend is driving manufacturers to manufacture lightweight and high-performance tire reinforcing materials. Europe is the fastest-growing regional market, and its CAGR equals 17.3%. In July 2025, CARBIOS entered into a business deal with Indorama Ventures in order to use recycled monomers for making PET filaments that can be used by Michelin as reinforcements for their tires. The development reflects the increased attention to sustainability and recycling in the European tire industry.

Asia Pacific

The tire cord fabric market in Asia Pacific accounts for a 48% market share, owing to its substantial presence of auto manufacturing facilities and high presence of tire manufacturing units. With increasing demand in the automotive and electric vehicle sectors, investments are being made to increase production in this sector. The Asia Pacific region is favoured by growing demand for vehicle production and the availability of supply chains for tire reinforcements.In May 2026, Bekaert finalised the acquisition of Bridgestone’s tire reinforcement facilities in China and Thailand. These acquisitions have strengthened the position of Bekaert in the Asian tire reinforcement industry.

Who are the Key Players in the Tire Cord Fabric Marketand how do they Compete?

The competition in the market for tire cord fabrics involves quality of goods, scale of production, technical development, qualification of customers and supply reliability. Market players are such companies as Kordsa, Bekaert, SRF, HS Hyosung Advanced Materials, Teijin, Indorama Ventures, Cordenka, Kolon Industries, and others. Companies' approaches in terms of marketing involve high-volume goods along with special reinforcements. For instance, SRF company offers wide range of reinforcements including Nylon 6, Nylon 66, polyester tire cord fabrics and chafer fabrics with its own production facilities and research & development centre in India.

Kordsa competes by means of technologies, customers, and sustainable material development. Kordsa claims that its reinforcement technologies are applied to automobile and aircraft tires, and the company is working on recycled, renewable and bio-based material solutions. In turn, Bekaert develops a consolidation and expansion strategy. 2026 acquisition of Bridgestone's tire reinforcement business in China and Thailand was a step to expand production capacities and a long-term supply agreement with Bridgestone. Also, HS Hyosung Advanced Materials pays attention to such fields as polyester, steel, aramid, and sustainable reinforcements.

Tire Cord Fabric Market companies

• Kordsa
• Hyosung Advanced Materials
• Kolon Industries
• SRF Limited
• Indorama Ventures
• Century Enka
• Toray Industries
• Teijin
• Milliken & Company
• Firestone Fibers & Textiles
• Shenma Industrial
• Cordenka
• Asahi Kasei
• Far Eastern New Century
• Junma Tyre Cord

Recent Development News

In May 2026, the acquisition of Bridgestone’s tyre reinforcement plants in China and Thailand by Bekaert was successfully concluded. The acquired operations are estimated to generate around €80 million of sales per annum and will continue to supply Bridgestone.Acquisition completed by Bekaert

Source: https://www.bekaert.com

June 2025, HS Hyosung Advanced Materials signed an MOU with Tata Steel Thailand to procure lower-carbon steel wire material for a prolonged period of time. This initiative will help the company increase its sales of eco-friendly steel tyre cord products.

Source: https://en.prnasia.com

What Strategic Insights Define the Future of the Tire Cord Fabric Market?

The tire cord fabrics industry is moving towards a product portfolio that is focused not only on volume but also strength, lightness, sustainability, and performance per application. Polyester will continue to be the workhorse, but aramid, composite, recycled PET, and reduced-carbon reinforcement will be the winners of an increasing share of innovation initiatives. One of the unexpected risks could be margin pressure from imports and the volatility of polymers, steel, energy, and logistics pricing. Capacity expansion might become less appealing when companies compete through prices. Clearly, the biggest opportunities will be found in the development of reinforcement for EV and luxury tires, as manufacturers will be prepared to pay extra for increased durability, lightweight, and rolling performance. In such a case, manufacturers need to focus on R&D collaboration with tire producers, local manufacturing, proximity to growing automotive markets, and scalable sustainable material platforms.

Key Segmentations are:

By Material

• Polyester Tire Cord Fabric
• Nylon Tire Cord Fabric
• Rayon Tire Cord Fabric
• Aramid Tire Cord Fabric
• Hybrid Tire Cord Fabric
• Steel Cord Fabric

By Application

• Passenger Cars
• Commercial Vehicles
• Off-road Vehicles
• Aircraft Tires
• Two-Wheelers
• Agricultural Vehicles

By End User

• Tire Manufacturers
• Automotive OEMs
• Aftermarket
• Industrial Vehicle Manufacturer
• Aviation Industry

By Process

• Dipped Tire Cord Fabric
• Undipped Tire Cord Fabric
• High-Tenacity Cord Fabric
• Eco-friendly Cord Fabric

By Distribution Channel

• Direct Sales
• Industrial Distributors
• OEM Suppliers
• Exporters

Regional Outlook

North America

• United States
• Canada
• Mexico

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific

• Japan
• China
• Australia & New Zealand
• South Korea
• India
• Rest of Asia Pacific

South America

• Brazil
• Argentina
• Rest of South America

Middle East & Africa

• Saudi Arabia
• United Arab Emirates
• South Africa
• Rest of the Middle East & Africa