Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Polyester Tyre Cord Fabric Market by Type (1000/2 Denier, 1000/3 Denier, 1500/2 Denier, 2000/2/1 Denier), By Application (Cassenger Cars, Commercial Cars) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Polyester Tyre Cord Fabric Market by Type (1000/2 Denier, 1000/3 Denier, 1500/2 Denier, 2000/2/1 Denier), By Application (Cassenger Cars, Commercial Cars) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138136 3300 Chemical & Material 377 232 Pages 4.9 (42)
                                          

Market Overview:


The global polyester tyre cord fabric market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In terms of type, the 1000/2 denier segment is expected to hold a major share of the market during the forecast period, owing to its superior properties such as high strength and durability. In terms of application, cassenger cars are expected to dominate the market duringthe forecast period owingto their growing popularity in developing countries. Regionally, North America is projectedto bethe largestmarket forpolyester tyre cord fabricduringthe forecastperioddue tothedominanceof developed economiessuch as U.S.


Global Polyester Tyre Cord Fabric Industry Outlook


Product Definition:


A synthetic fiber used in the manufacture of cord fabric, which is then used in the manufacture of tires. The fabric is made from polyester filaments that are twisted together to form a yarn. The yarn is then woven into a fabric that can be used to make tires.


1000/2 Denier:


1000/2 denier is a type of synthetic yarn, which has two thousand units per meter. It is also known as 2-kilo yarn or sometimes called super-fine cotton. The 1000/2 denier fabric has approximately the same strength as that of natural cotton; however, it offers better dimensional stability and flexibility in manufacturing tires compared to natural cotton.


1000/3 Denier:


1000/3 denier is a type of polyester based cord fabric. It has been used in the tire industry for several years and was traditionally known as "polyester staple fiber". 1000/3 denier is now more commonly referred to as just “staple fiber” or “SF”. The SF market has seen significant growth over the past few years, driven by growing demand from major tire manufacturers across the globe.


Application Insights:


The commercial cars application segment accounted for the largest revenue share of over 40% in 2017. The demand is expected to be driven by growing automotive sector across the globe. Commercial vehicles such as trucks, busses and coaches are majorly used for transporting passengers and goods across short distances, which contributes to high utilization of tires. Hence, polyester tire cord fabric offers excellent resistance against abrasion and provides durability in long-distance travel owing to its strength.


The passenger cars application segment is expected witness significant growth over the forecast period on account of increasing disposable income among consumers especially in emerging markets such as China, India & Brazil where automotive production accounts for a relatively smaller share compared to western Europe or North America.


Regional Analysis:


Asia Pacific dominated the global market in terms of revenue with a share of over 45% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing automotive production and sales, coupled with rising investments by domestic manufacturers for capacity expansion.


The presence of key automobile manufacturing companies including Toyota, Honda Cars India, Hyundai Motor Company Korea has boosted the regional market growth. In addition, favorable government regulations for new investments are anticipated to boost demand for passenger cars and commercial vehicles in Asia Pacific countries such as China and India which will drive polyester tyre cord fabric demand at a steady pace over the coming years.


Europe was another major consumer as it accounted for nearly 25% of total consumption volume share in 2017 on account of high automotive production levels coupled with growing vehicle sales across major countries such as Germany, France Italy and U-Kraine among others.


Growth Factors:


  • Increasing demand for Polyester Tyre Cord Fabric from the automotive industry as it offers high strength and durability.
  • Rising demand for Polyester Tyre Cord Fabric in the construction industry due to its properties such as heat resistance, flame retardancy, and weather resistance.
  • Growing popularity of Polyester Tyre Cord Fabric in the manufacturing sector due to its ability to withstand wear and tear.
  • Increasing use of Polyester Tyre Cord Fabric in sports equipment owing to its lightweight nature and high strength-to-weight ratio .

Scope Of The Report

Report Attributes

Report Details

Report Title

Polyester Tyre Cord Fabric Market Research Report

By Type

1000/2 Denier, 1000/3 Denier, 1500/2 Denier, 2000/2/1 Denier

By Application

Cassenger Cars, Commercial Cars

By Companies

Formosa Taffeta, Hyosung, SRF, Performance Fibers, Shinkong Synthetic Fibers, Sinopec Shanghai Petrochemical, KORDARNAPlus, KOLON Industries, Toray Industries, Zhejiang Hailide New Material

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

232

Number of Tables & Figures

163

Customization Available

Yes, the report can be customized as per your need.


Global Polyester Tyre Cord Fabric Market Report Segments:

The global Polyester Tyre Cord Fabric market is segmented on the basis of:

Types

1000/2 Denier, 1000/3 Denier, 1500/2 Denier, 2000/2/1 Denier

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Cassenger Cars, Commercial Cars

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Formosa Taffeta
  2. Hyosung
  3. SRF
  4. Performance Fibers
  5. Shinkong Synthetic Fibers
  6. Sinopec Shanghai Petrochemical
  7. KORDARNAPlus
  8. KOLON Industries
  9. Toray Industries
  10. Zhejiang Hailide New Material

Global Polyester Tyre Cord Fabric Market Overview


Highlights of The Polyester Tyre Cord Fabric Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 1000/2 Denier
    2. 1000/3 Denier
    3. 1500/2 Denier
    4. 2000/2/1 Denier
  1. By Application:

    1. Cassenger Cars
    2. Commercial Cars
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Polyester Tyre Cord Fabric Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Polyester Tyre Cord Fabric Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Polyester tyre cord fabric is a type of synthetic fibre made from polyesters. It is used to make cords, ropes, and nets.

Some of the key players operating in the polyester tyre cord fabric market are Formosa Taffeta, Hyosung, SRF, Performance Fibers, Shinkong Synthetic Fibers, Sinopec Shanghai Petrochemical, KORDARNAPlus, KOLON Industries, Toray Industries, Zhejiang Hailide New Material.

The polyester tyre cord fabric market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Polyester Tyre Cord Fabric Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Polyester Tyre Cord Fabric Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Polyester Tyre Cord Fabric Market - Supply Chain
   4.5. Global Polyester Tyre Cord Fabric Market Forecast
      4.5.1. Polyester Tyre Cord Fabric Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Polyester Tyre Cord Fabric Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Polyester Tyre Cord Fabric Market Absolute $ Opportunity

5. Global Polyester Tyre Cord Fabric Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Polyester Tyre Cord Fabric Market Size and Volume Forecast by Type
      5.3.1. 1000/2 Denier
      5.3.2. 1000/3 Denier
      5.3.3. 1500/2 Denier
      5.3.4. 2000/2/1 Denier
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Polyester Tyre Cord Fabric Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Polyester Tyre Cord Fabric Market Size and Volume Forecast by Application
      6.3.1. Cassenger Cars
      6.3.2. Commercial Cars
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Polyester Tyre Cord Fabric Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Polyester Tyre Cord Fabric Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Polyester Tyre Cord Fabric Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Polyester Tyre Cord Fabric Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Polyester Tyre Cord Fabric Demand Share Forecast, 2019-2029

9. North America Polyester Tyre Cord Fabric Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Polyester Tyre Cord Fabric Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Polyester Tyre Cord Fabric Market Size and Volume Forecast by Application
      9.4.1. Cassenger Cars
      9.4.2. Commercial Cars
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Polyester Tyre Cord Fabric Market Size and Volume Forecast by Type
      9.7.1. 1000/2 Denier
      9.7.2. 1000/3 Denier
      9.7.3. 1500/2 Denier
      9.7.4. 2000/2/1 Denier
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Polyester Tyre Cord Fabric Demand Share Forecast, 2019-2029

10. Latin America Polyester Tyre Cord Fabric Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Polyester Tyre Cord Fabric Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Polyester Tyre Cord Fabric Market Size and Volume Forecast by Application
      10.4.1. Cassenger Cars
      10.4.2. Commercial Cars
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Polyester Tyre Cord Fabric Market Size and Volume Forecast by Type
      10.7.1. 1000/2 Denier
      10.7.2. 1000/3 Denier
      10.7.3. 1500/2 Denier
      10.7.4. 2000/2/1 Denier
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Polyester Tyre Cord Fabric Demand Share Forecast, 2019-2029

11. Europe Polyester Tyre Cord Fabric Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Polyester Tyre Cord Fabric Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Polyester Tyre Cord Fabric Market Size and Volume Forecast by Application
      11.4.1. Cassenger Cars
      11.4.2. Commercial Cars
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Polyester Tyre Cord Fabric Market Size and Volume Forecast by Type
      11.7.1. 1000/2 Denier
      11.7.2. 1000/3 Denier
      11.7.3. 1500/2 Denier
      11.7.4. 2000/2/1 Denier
   11.8. Basis Point Share (BPS) Analysis by Tpe
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Polyester Tyre Cord Fabric Demand Share, 2019-2029

12. Asia Pacific Polyester Tyre Cord Fabric Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Polyester Tyre Cord Fabric Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Polyester Tyre Cord Fabric Market Size and Volume Forecast by Application
      12.4.1. Cassenger Cars
      12.4.2. Commercial Cars
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Polyester Tyre Cord Fabric Market Size and Volume Forecast by Type
      12.7.1. 1000/2 Denier
      12.7.2. 1000/3 Denier
      12.7.3. 1500/2 Denier
      12.7.4. 2000/2/1 Denier
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Polyester Tyre Cord Fabric Demand Share, 2019-2029

13. Middle East & Africa Polyester Tyre Cord Fabric Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Polyester Tyre Cord Fabric Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Polyester Tyre Cord Fabric Market Size and Volume Forecast by Application
      13.4.1. Cassenger Cars
      13.4.2. Commercial Cars
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Polyester Tyre Cord Fabric Market Size and Volume Forecast by Type
      13.7.1. 1000/2 Denier
      13.7.2. 1000/3 Denier
      13.7.3. 1500/2 Denier
      13.7.4. 2000/2/1 Denier
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Polyester Tyre Cord Fabric Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Polyester Tyre Cord Fabric Market: Market Share Analysis
   14.2. Polyester Tyre Cord Fabric Distributors and Customers
   14.3. Polyester Tyre Cord Fabric Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Formosa Taffeta
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Hyosung
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. SRF
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Performance Fibers
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Shinkong Synthetic Fibers
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Sinopec Shanghai Petrochemical
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. KORDARNAPlus
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. KOLON Industries
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Toray Industries
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Zhejiang Hailide New Material
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us