Product Code: ETC13342633 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Polyester Tire Cord Fabrics Market was valued at USD 0.95 Billion in 2024 and is expected to reach USD 1.38 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The Global Polyester Tire Cord Fabrics Market is experiencing steady growth driven by the increasing demand for tires in the automotive industry worldwide. Polyester tire cord fabrics are preferred due to their high strength, durability, and resistance to heat and chemicals, making them essential components in tire manufacturing. The market is also influenced by the growing automotive production and sales, particularly in emerging economies. Key players in the market are focusing on product innovation, technological advancements, and strategic collaborations to gain a competitive edge. Additionally, the rising emphasis on sustainability and environmental regulations are driving the adoption of eco-friendly polyester tire cord fabrics. Overall, the market is projected to continue its growth trajectory, supported by the expanding automotive sector and the increasing need for high-performance tires globally.
The Global Polyester Tire Cord Fabrics Market is experiencing steady growth due to the rising demand for tires in the automotive industry. With the increasing production of vehicles globally, the need for high-performance and durable tire cord fabrics made from polyester is on the rise. Additionally, the shift towards lightweight materials in tire manufacturing to improve fuel efficiency and reduce carbon emissions is driving the market further. Opportunities in the market include technological advancements in tire cord fabric production, such as the development of innovative weaving techniques and coatings to enhance performance. Furthermore, the growing focus on sustainability and the use of recycled polyester in tire cord fabrics present a significant opportunity for market players to cater to environmentally conscious consumers and expand their market presence.
The Global Polyester Tire Cord Fabrics Market faces several challenges, including intense competition from alternative materials such as nylon and rayon, fluctuating raw material prices, and the impact of economic downturns on the automotive industry. Additionally, environmental concerns and regulations related to the disposal and recycling of polyester tire cord fabrics pose challenges for manufacturers in this market. Technological advancements and innovations in tire manufacturing processes also create a need for continuous research and development to stay competitive. Moreover, the market is influenced by factors such as changing consumer preferences towards eco-friendly products and the shift towards electric vehicles, which could potentially impact the demand for traditional polyester tire cord fabrics. Overall, companies operating in this market need to adapt to changing market dynamics and consumer preferences to maintain their competitive edge.
The Global Polyester Tire Cord Fabrics Market is primarily driven by the increasing demand for lightweight and high-performance tires in the automotive industry. The growing automotive production, especially in emerging economies, is fueling the need for durable and efficient tire cord fabrics made from polyester. Additionally, the emphasis on fuel efficiency and sustainability is prompting tire manufacturers to opt for polyester tire cord fabrics due to their strength, flexibility, and resistance to abrasion. Furthermore, the rising investments in infrastructure development and the expansion of the transportation sector are boosting the demand for polyester tire cord fabrics for use in heavy-duty tires. Overall, the market growth is also supported by technological advancements in tire manufacturing processes and the increasing focus on enhancing vehicle performance and safety.
Government policies related to the Global Polyester Tire Cord Fabrics Market focus on regulations governing the production, import, and export of polyester tire cord fabrics to ensure quality standards, sustainability, and fair trade practices. These policies may include guidelines on chemical usage, environmental impact assessments, labor practices, and tariffs. Governments also collaborate with industry stakeholders to promote innovation, research, and development in the tire cord fabrics sector. Additionally, policies may address issues such as intellectual property rights protection, market access barriers, and trade agreements to facilitate the growth of the global polyester tire cord fabrics market while safeguarding consumer interests and promoting a level playing field for businesses in the industry.
The Global Polyester Tire Cord Fabrics Market is expected to witness steady growth in the coming years, driven by the increasing demand for lightweight and high-performance tires in the automotive industry. The market is projected to benefit from technological advancements in tire manufacturing processes, which require tire cord fabrics for reinforcement. Additionally, the growing automotive production in emerging economies and the rising focus on improving fuel efficiency and overall safety standards are anticipated to further fuel the market growth. However, challenges such as fluctuating raw material prices and increasing competition from alternative materials may pose some constraints. Overall, the market is forecasted to expand at a moderate pace, with key players focusing on product innovation and strategic partnerships to maintain a competitive edge in the global market landscape.
In the global Polyester Tire Cord Fabrics market, Asia is expected to dominate due to the presence of key tire manufacturing hubs in countries like China, India, and Japan. North America and Europe are also significant markets, driven by stringent regulations on tire safety and increasing demand for fuel-efficient vehicles. In the Middle East and Africa region, the market is poised for steady growth as the automotive industry continues to expand. Latin America is witnessing a rise in tire production, contributing to the growth of the Polyester Tire Cord Fabrics market in the region. Overall, increasing vehicle production, technological advancements in tire manufacturing, and a focus on improving tire performance and durability are key factors driving the market across all regions.
Global Polyester Tire Cord Fabrics Market |
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 Global Polyester Tire Cord Fabrics Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Polyester Tire Cord Fabrics Market Revenues & Volume, 2021 & 2031F |
3.3 Global Polyester Tire Cord Fabrics Market - Industry Life Cycle |
3.4 Global Polyester Tire Cord Fabrics Market - Porter's Five Forces |
3.5 Global Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Fabric Type, 2021 & 2031F |
3.7 Global Polyester Tire Cord Fabrics Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Global Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.10 Global Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
4 Global Polyester Tire Cord Fabrics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Polyester Tire Cord Fabrics Market Trends |
6 Global Polyester Tire Cord Fabrics Market, 2021 - 2031 |
6.1 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Fabric Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Nylon, 2021 - 2031 |
6.1.3 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Polyester, 2021 - 2031 |
6.1.4 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Rayon, 2021 - 2031 |
6.1.5 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Aramid, 2021 - 2031 |
6.2 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Passenger Vehicles, 2021 - 2031 |
6.2.3 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Commercial Vehicles, 2021 - 2031 |
6.2.4 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Off-Road Vehicles, 2021 - 2031 |
6.2.5 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Industrial Applications, 2021 - 2031 |
6.3 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Bias Tire, 2021 - 2031 |
6.3.3 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Radial Tire, 2021 - 2031 |
6.3.4 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Specialty Tire, 2021 - 2031 |
6.3.5 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By High-Performance Tire, 2021 - 2031 |
6.4 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By High Modulus, 2021 - 2031 |
6.4.3 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By High Strength, 2021 - 2031 |
6.4.4 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Standard, 2021 - 2031 |
6.4.5 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Low Shrinkage, 2021 - 2031 |
6.5 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By RFL Coated, 2021 - 2031 |
6.5.3 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Uncoated, 2021 - 2031 |
6.5.4 Global Polyester Tire Cord Fabrics Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Polyester Tire Cord Fabrics Market, Overview & Analysis |
7.1 North America Polyester Tire Cord Fabrics Market Revenues & Volume, 2021 - 2031 |
7.2 North America Polyester Tire Cord Fabrics Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Polyester Tire Cord Fabrics Market, Revenues & Volume, By Fabric Type, 2021 - 2031 |
7.4 North America Polyester Tire Cord Fabrics Market, Revenues & Volume, By End Use, 2021 - 2031 |
7.5 North America Polyester Tire Cord Fabrics Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Polyester Tire Cord Fabrics Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.7 North America Polyester Tire Cord Fabrics Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
8 Latin America (LATAM) Polyester Tire Cord Fabrics Market, Overview & Analysis |
8.1 Latin America (LATAM) Polyester Tire Cord Fabrics Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Polyester Tire Cord Fabrics Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Polyester Tire Cord Fabrics Market, Revenues & Volume, By Fabric Type, 2021 - 2031 |
8.4 Latin America (LATAM) Polyester Tire Cord Fabrics Market, Revenues & Volume, By End Use, 2021 - 2031 |
8.5 Latin America (LATAM) Polyester Tire Cord Fabrics Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Polyester Tire Cord Fabrics Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.7 Latin America (LATAM) Polyester Tire Cord Fabrics Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
9 Asia Polyester Tire Cord Fabrics Market, Overview & Analysis |
9.1 Asia Polyester Tire Cord Fabrics Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Polyester Tire Cord Fabrics Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Polyester Tire Cord Fabrics Market, Revenues & Volume, By Fabric Type, 2021 - 2031 |
9.4 Asia Polyester Tire Cord Fabrics Market, Revenues & Volume, By End Use, 2021 - 2031 |
9.5 Asia Polyester Tire Cord Fabrics Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Polyester Tire Cord Fabrics Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.7 Asia Polyester Tire Cord Fabrics Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
10 Africa Polyester Tire Cord Fabrics Market, Overview & Analysis |
10.1 Africa Polyester Tire Cord Fabrics Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Polyester Tire Cord Fabrics Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Polyester Tire Cord Fabrics Market, Revenues & Volume, By Fabric Type, 2021 - 2031 |
10.4 Africa Polyester Tire Cord Fabrics Market, Revenues & Volume, By End Use, 2021 - 2031 |
10.5 Africa Polyester Tire Cord Fabrics Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Polyester Tire Cord Fabrics Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.7 Africa Polyester Tire Cord Fabrics Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
11 Europe Polyester Tire Cord Fabrics Market, Overview & Analysis |
11.1 Europe Polyester Tire Cord Fabrics Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Polyester Tire Cord Fabrics Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Polyester Tire Cord Fabrics Market, Revenues & Volume, By Fabric Type, 2021 - 2031 |
11.4 Europe Polyester Tire Cord Fabrics Market, Revenues & Volume, By End Use, 2021 - 2031 |
11.5 Europe Polyester Tire Cord Fabrics Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Polyester Tire Cord Fabrics Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.7 Europe Polyester Tire Cord Fabrics Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
12 Middle East Polyester Tire Cord Fabrics Market, Overview & Analysis |
12.1 Middle East Polyester Tire Cord Fabrics Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Polyester Tire Cord Fabrics Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Polyester Tire Cord Fabrics Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Polyester Tire Cord Fabrics Market, Revenues & Volume, By Fabric Type, 2021 - 2031 |
12.4 Middle East Polyester Tire Cord Fabrics Market, Revenues & Volume, By End Use, 2021 - 2031 |
12.5 Middle East Polyester Tire Cord Fabrics Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Polyester Tire Cord Fabrics Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.7 Middle East Polyester Tire Cord Fabrics Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
13 Global Polyester Tire Cord Fabrics Market Key Performance Indicators |
14 Global Polyester Tire Cord Fabrics Market - Export/Import By Countries Assessment |
15 Global Polyester Tire Cord Fabrics Market - Opportunity Assessment |
15.1 Global Polyester Tire Cord Fabrics Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Polyester Tire Cord Fabrics Market Opportunity Assessment, By Fabric Type, 2021 & 2031F |
15.3 Global Polyester Tire Cord Fabrics Market Opportunity Assessment, By End Use, 2021 & 2031F |
15.4 Global Polyester Tire Cord Fabrics Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Polyester Tire Cord Fabrics Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.6 Global Polyester Tire Cord Fabrics Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
16 Global Polyester Tire Cord Fabrics Market - Competitive Landscape |
16.1 Global Polyester Tire Cord Fabrics Market Revenue Share, By Companies, 2024 |
16.2 Global Polyester Tire Cord Fabrics Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |