Product Code: ETC13001358 | Publication Date: Apr 2025 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India polyester tire cord fabrics market is experiencing steady growth, driven by the increasing demand for automotive tires in the country. Polyester tire cord fabrics are preferred for their high tensile strength, durability, and resistance to abrasion, making them ideal for use in tire manufacturing. The growth of the automotive industry, coupled with the rising investments in infrastructure development, is expected to further propel the demand for polyester tire cord fabrics in India. Key players in the market are focusing on product innovation, quality enhancement, and strategic partnerships to gain a competitive edge. Additionally, stringent regulations regarding tire safety and performance are likely to drive the adoption of high-quality tire cord fabrics in the Indian market.
The India polyester tire cord fabrics market is witnessing several key trends. One prominent trend is the increasing demand for high-performance and durable tire cord fabrics driven by the growth of the automotive industry in the country. Manufacturers are focusing on developing innovative polyester tire cord fabrics with enhanced strength, flexibility, and heat resistance to meet the stringent requirements of tire manufacturers. Additionally, there is a rising emphasis on sustainable and eco-friendly tire cord fabrics, leading to the development of recyclable and bio-based polyester materials. The market is also experiencing a shift towards digitalization and automation in manufacturing processes to improve efficiency and quality control. Overall, the India polyester tire cord fabrics market is evolving towards advanced materials and processes to cater to the evolving needs of the automotive sector.
Some of the challenges faced in the India polyester tire cord fabrics market include intense competition from other synthetic fibers like nylon and aramid, fluctuating raw material prices, and the impact of government policies and regulations on the industry. Additionally, the market faces challenges related to technological advancements in tire manufacturing processes that may lower the demand for polyester tire cord fabrics. Furthermore, the market is also influenced by macroeconomic factors such as currency fluctuations and global trade dynamics, which can affect the pricing and demand for polyester tire cord fabrics in India. Overall, navigating these challenges requires companies in the industry to stay agile, innovative, and adaptable to changing market conditions to maintain their competitiveness and sustain growth in the India polyester tire cord fabrics market.
In the India polyester tire cord fabrics market, there are several investment opportunities available for savvy investors. With the growing automobile industry in India and increasing demand for radial tires, there is a significant need for high-quality polyester tire cord fabrics. Investing in manufacturing facilities for these fabrics or partnering with existing manufacturers can be lucrative. Additionally, with advancements in technology and increasing focus on sustainability, there is potential for investment in research and development of eco-friendly polyester tire cord fabrics. Furthermore, as the government pushes for infrastructure development and investments in the transportation sector, the demand for tires is expected to rise, creating favorable conditions for investments in the polyester tire cord fabrics market.
The Indian government has implemented various policies to support the polyester tire cord fabrics market, including the National Textile Policy which aims to boost domestic manufacturing and exports in the textile sector. Additionally, the government has introduced schemes such as the Technology Upgradation Fund Scheme (TUFS) to encourage modernization and technology adoption in the textile industry, which benefits polyester tire cord fabric producers. Furthermore, the government`s Make in India initiative promotes investment in domestic manufacturing, which could drive growth in the polyester tire cord fabrics market. Overall, these policies create a conducive environment for the development and expansion of the polyester tire cord fabrics industry in India.
The future outlook for the India polyester tire cord fabrics market appears promising, driven by the growing automotive industry and increasing demand for tires in the country. With the government`s focus on infrastructure development and initiatives like "Make in India," the market is expected to witness significant growth. Additionally, advancements in tire technology, such as the shift towards radial tires, are likely to boost the demand for polyester tire cord fabrics. The rising disposable income levels and changing consumer preferences towards fuel-efficient and durable tires will further contribute to market expansion. However, challenges like fluctuating raw material prices and competition from alternative materials may pose some constraints. Overall, the India polyester tire cord fabrics market is anticipated to experience steady growth in the coming years.
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 Polyester Tire Cord Fabrics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyester Tire Cord Fabrics Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyester Tire Cord Fabrics Market - Industry Life Cycle |
3.4 India Polyester Tire Cord Fabrics Market - Porter's Five Forces |
3.5 India Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Fabric Type, 2021 & 2031F |
3.6 India Polyester Tire Cord Fabrics Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 India Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.9 India Polyester Tire Cord Fabrics Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
4 India Polyester Tire Cord Fabrics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Polyester Tire Cord Fabrics Market Trends |
6 India Polyester Tire Cord Fabrics Market, By Types |
6.1 India Polyester Tire Cord Fabrics Market, By Fabric Type |
6.1.1 Overview and Analysis |
6.1.2 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Fabric Type, 2021 - 2031F |
6.1.3 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Nylon, 2021 - 2031F |
6.1.4 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.1.5 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Rayon, 2021 - 2031F |
6.1.6 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Aramid, 2021 - 2031F |
6.2 India Polyester Tire Cord Fabrics Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.2.3 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.2.4 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Off-Road Vehicles, 2021 - 2031F |
6.2.5 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Industrial Applications, 2021 - 2031F |
6.3 India Polyester Tire Cord Fabrics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Bias Tire, 2021 - 2031F |
6.3.3 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Radial Tire, 2021 - 2031F |
6.3.4 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Specialty Tire, 2021 - 2031F |
6.3.5 India Polyester Tire Cord Fabrics Market Revenues & Volume, By High-Performance Tire, 2021 - 2031F |
6.4 India Polyester Tire Cord Fabrics Market, By Grade |
6.4.1 Overview and Analysis |
6.4.2 India Polyester Tire Cord Fabrics Market Revenues & Volume, By High Modulus, 2021 - 2031F |
6.4.3 India Polyester Tire Cord Fabrics Market Revenues & Volume, By High Strength, 2021 - 2031F |
6.4.4 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Standard, 2021 - 2031F |
6.4.5 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Low Shrinkage, 2021 - 2031F |
6.5 India Polyester Tire Cord Fabrics Market, By Coating Type |
6.5.1 Overview and Analysis |
6.5.2 India Polyester Tire Cord Fabrics Market Revenues & Volume, By RFL Coated, 2021 - 2031F |
6.5.3 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Uncoated, 2021 - 2031F |
6.5.4 India Polyester Tire Cord Fabrics Market Revenues & Volume, By Others, 2021 - 2031F |
7 India Polyester Tire Cord Fabrics Market Import-Export Trade Statistics |
7.1 India Polyester Tire Cord Fabrics Market Export to Major Countries |
7.2 India Polyester Tire Cord Fabrics Market Imports from Major Countries |
8 India Polyester Tire Cord Fabrics Market Key Performance Indicators |
9 India Polyester Tire Cord Fabrics Market - Opportunity Assessment |
9.1 India Polyester Tire Cord Fabrics Market Opportunity Assessment, By Fabric Type, 2021 & 2031F |
9.2 India Polyester Tire Cord Fabrics Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 India Polyester Tire Cord Fabrics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Polyester Tire Cord Fabrics Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.5 India Polyester Tire Cord Fabrics Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
10 India Polyester Tire Cord Fabrics Market - Competitive Landscape |
10.1 India Polyester Tire Cord Fabrics Market Revenue Share, By Companies, 2024 |
10.2 India Polyester Tire Cord Fabrics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |