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.
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:
- Formosa Taffeta
- Hyosung
- SRF
- Performance Fibers
- Shinkong Synthetic Fibers
- Sinopec Shanghai Petrochemical
- KORDARNAPlus
- KOLON Industries
- Toray Industries
- Zhejiang Hailide New Material
Highlights of The Polyester Tyre Cord Fabric Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1000/2 Denier
- 1000/3 Denier
- 1500/2 Denier
- 2000/2/1 Denier
- By Application:
- Cassenger Cars
- Commercial Cars
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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