Product Code: ETC086083 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Tire Cord Fabrics Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 12.16% in 2026, following an initial rate of 11.76%, before easing to 10.64% at the end of the period.
The India Tire Cord Fabric Market in India is anticipated to witness considerable growth over the forecast period on account of rising automotive industry coupled with increasing demand for passenger and commercial vehicles. The growing preference for luxury cars with improved safety features is further expected to drive the product demand in India. Growing investments by major players such as Sumitomo Rubber Industries, Bridgestone Corporation, Continental AG, Michelin Group etc., are likely to contribute significantly towards revenue generation of tire cord fabrics market during the forecast period.
1. Growing demand for automotive tires in India is driving the tire cord fabric market growth. The India tire industry has witnessed significant growth since 2018 due to the increase in vehicle production and sales, leading to an enhanced requirement for high-performance tires that use tire cord fabrics as a reinforcement material. 2. Increasing government initiatives such as FAME (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles) scheme are expected to propel the demand for electric vehicles, further augmenting the overall automotive sector which will drive the requirements of tire cord fabrics over the forecast period. 3. Moreover, increasing focus on improving road infrastructure by introducing smart highways with improved safety features has increased investments from both public and private players, thus providing a substantial opportunity for market growth.
1. High manufacturing costs associated with these fabrics may act as a major restraint on its adoption among end-use industries in India including automotive, aerospace etc., thereby restraining its market potential. 2. Presence of technical restrictions due to stringent regulations set by various certification bodies coupled with lower availability of raw materials can hamper product innovation within this segment and impede overall industry???s expansion prospects over near term future
Major players operating in India Tire Cord Fabrics Market include Bekaert SA, Kolon Industries Inc., Toyobo Co Ltd., Mitsubishi Chemical Corporation among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Tire Cord Fabrics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Tire Cord Fabrics Market Revenues & Volume, 2021 & 2031F |
3.3 India Tire Cord Fabrics Market - Industry Life Cycle |
3.4 India Tire Cord Fabrics Market - Porter's Five Forces |
3.5 India Tire Cord Fabrics Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 India Tire Cord Fabrics Market Revenues & Volume Share, By Tire Type, 2021 & 2031F |
3.7 India Tire Cord Fabrics Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 India Tire Cord Fabrics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Tire Cord Fabrics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Tire Cord Fabrics Market Trends |
6 India Tire Cord Fabrics Market, By Types |
6.1 India Tire Cord Fabrics Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Tire Cord Fabrics Market Revenues & Volume, By Material, 2018 - 2031F |
6.1.3 India Tire Cord Fabrics Market Revenues & Volume, By Nylon, 2018 - 2031F |
6.1.4 India Tire Cord Fabrics Market Revenues & Volume, By Polyester, 2018 - 2031F |
6.1.5 India Tire Cord Fabrics Market Revenues & Volume, By Rayon, 2018 - 2031F |
6.1.6 India Tire Cord Fabrics Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 India Tire Cord Fabrics Market, By Tire Type |
6.2.1 Overview and Analysis |
6.2.2 India Tire Cord Fabrics Market Revenues & Volume, By Radial, 2018 - 2031F |
6.2.3 India Tire Cord Fabrics Market Revenues & Volume, By Bias, 2018 - 2031F |
6.3 India Tire Cord Fabrics Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Tire Cord Fabrics Market Revenues & Volume, By Passenger Cars, 2018 - 2031F |
6.3.3 India Tire Cord Fabrics Market Revenues & Volume, By Commercial Vehicles, 2018 - 2031F |
6.3.4 India Tire Cord Fabrics Market Revenues & Volume, By Others, 2018 - 2031F |
6.4 India Tire Cord Fabrics Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Tire Cord Fabrics Market Revenues & Volume, By OEM, 2018 - 2031F |
6.4.3 India Tire Cord Fabrics Market Revenues & Volume, By Replacement, 2018 - 2031F |
7 India Tire Cord Fabrics Market Import-Export Trade Statistics |
7.1 India Tire Cord Fabrics Market Export to Major Countries |
7.2 India Tire Cord Fabrics Market Imports from Major Countries |
8 India Tire Cord Fabrics Market Key Performance Indicators |
9 India Tire Cord Fabrics Market - Opportunity Assessment |
9.1 India Tire Cord Fabrics Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 India Tire Cord Fabrics Market Opportunity Assessment, By Tire Type, 2021 & 2031F |
9.3 India Tire Cord Fabrics Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 India Tire Cord Fabrics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Tire Cord Fabrics Market - Competitive Landscape |
10.1 India Tire Cord Fabrics Market Revenue Share, By Companies, 2024 |
10.2 India Tire Cord Fabrics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |