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Polyester Tyre Cord Fabric Trends and Forecast
The future of the global polyester tyre cord fabric market looks promising with opportunities in the passenger vehicle and commercial vehicle markets. The global polyester tyre cord fabric market is expected to grow with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are growing desire for fuel-efficient tires in emerging nations, increasing use of polyester tire cord materials in passenger cars, along with the rising demand from the automobile industry for eco-friendly polyester tire cord fabrics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Polyester Tyre Cord Fabric by Segment
The study includes a forecast for the global polyester tyre cord fabric by type, application, and region.
Polyester Tyre Cord Fabric Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• 1000/2 Denier
• 1000/3 Denier
• 1500/2 Denier
• 2000/2/1 Denier
Polyester Tyre Cord Fabric Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Vehicle
• Commercial Vehicle
• Others
Polyester Tyre Cord Fabric Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Polyester Tyre Cord Fabric Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyester tyre cord fabric companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyester tyre cord fabric companies profiled in this report include-
• Kolon
• Kordsa Global
• Hyosung
• Century Enka
• SRF
• Milliken
• Firestone Fibers & Textile
• Cordenka
• KORDARNA Plus
• TEIJIN
Polyester Tyre Cord Fabric Market Insights
Lucintel forecasts that 1000/2 denier will remain the largest segment over the forecast period.
APAC will remain the largest region over the forecast period due to increased demand for fuel-efficient automobiles, stricter vehicle emissions regulations, a booming replacement tire market, and a growing trend toward the use of electric vehicles across Asia Pacific nations.
Features of the Global Polyester Tyre Cord Fabric Market
Market Size Estimates: Polyester tyre cord fabric market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polyester tyre cord fabric market size by type, application, and region in terms of value ($B).
Regional Analysis: Polyester tyre cord fabric market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the polyester tyre cord fabric market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyester tyre cord fabric market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for polyester tyre cord fabric market?
Answer: The global polyester tyre cord fabric market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the polyester tyre cord fabric market?
Answer: The major drivers for this market are growing desire for fuel-efficient tires in emerging nations, increasing use of polyester tire cord materials in passenger cars, along with the rising demand from the automobile industry for eco-friendly polyester tire cord fabrics.
Q3. What are the major segments for polyester tyre cord fabric market?
Answer: The future of the global polyester tyre cord fabric market looks promising with opportunities in the passenger vehicle and commercial vehicle markets.
Q4. Who are the key polyester tyre cord fabric market companies?
Answer: Some of the key polyester tyre cord fabric companies are as follows:
• Kolon
• Kordsa Global
• Hyosung
• Century Enka
• SRF
• Milliken
• Firestone Fibers & Textile
• Cordenka
• KORDARNA Plus
• TEIJIN
Q5. Which polyester tyre cord fabric market segment will be the largest in future?
Answer: Lucintel forecasts that 1000/2 denier will remain the largest segment over the forecast period.
Q6. In polyester tyre cord fabric market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increased demand for fuel-efficient automobiles, stricter vehicle emissions regulations, a booming replacement tire market, and a growing trend toward the use of electric vehicles across Asia Pacific nations.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyester tyre cord fabric market by type (1000/2 denier, 1000/3 denier, 1500/2 denier, and 2000/2/1 denier), application (passenger vehicle, commercial vehicle, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polyester Tyre Cord Fabric Market, Polyester Tyre Cord Fabric Market Size, Polyester Tyre Cord Fabric Market Growth, Polyester Tyre Cord Fabric Market Analysis, Polyester Tyre Cord Fabric Market Report, Polyester Tyre Cord Fabric Market Share, Polyester Tyre Cord Fabric Market Trends, Polyester Tyre Cord Fabric Market Forecast, Polyester Tyre Cord Fabric Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Polyester Tyre Cord Fabric Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Polyester Tyre Cord Fabric Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Polyester Tyre Cord Fabric Market by Type
3.3.1: 1000/2 Denier
3.3.2: 1000/3 Denier
3.3.3: 1500/2 Denier
3.3.4: 2000/2/1 Denier
3.4: Global Polyester Tyre Cord Fabric Market by Application
3.4.1: Passenger Vehicle
3.4.2: Commercial Vehicle
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Polyester Tyre Cord Fabric Market by Region
4.2: North American Polyester Tyre Cord Fabric Market
4.2.2: North American Polyester Tyre Cord Fabric Market by Application: Passenger Vehicle, Commercial Vehicle, and Others
4.3: European Polyester Tyre Cord Fabric Market
4.3.1: European Polyester Tyre Cord Fabric Market by Type: 1000/2 Denier, 1000/3 Denier, 1500/2 Denier, and 2000/2/1 Denier
4.3.2: European Polyester Tyre Cord Fabric Market by Application: Passenger Vehicle, Commercial Vehicle, and Others
4.4: APAC Polyester Tyre Cord Fabric Market
4.4.1: APAC Polyester Tyre Cord Fabric Market by Type: 1000/2 Denier, 1000/3 Denier, 1500/2 Denier, and 2000/2/1 Denier
4.4.2: APAC Polyester Tyre Cord Fabric Market by Application: Passenger Vehicle, Commercial Vehicle, and Others
4.5: ROW Polyester Tyre Cord Fabric Market
4.5.1: ROW Polyester Tyre Cord Fabric Market by Type: 1000/2 Denier, 1000/3 Denier, 1500/2 Denier, and 2000/2/1 Denier
4.5.2: ROW Polyester Tyre Cord Fabric Market by Application: Passenger Vehicle, Commercial Vehicle, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Polyester Tyre Cord Fabric Market by Type
6.1.2: Growth Opportunities for the Global Polyester Tyre Cord Fabric Market by Application
6.1.3: Growth Opportunities for the Global Polyester Tyre Cord Fabric Market by Region
6.2: Emerging Trends in the Global Polyester Tyre Cord Fabric Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Polyester Tyre Cord Fabric Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Polyester Tyre Cord Fabric Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Kolon
7.2: Kordsa Global
7.3: Hyosung
7.4: Century Enka
7.5: SRF
7.6: Milliken
7.7: Firestone Fibers & Textile
7.8: Cordenka
7.9: KORDARNA Plus
7.10: TEIJIN
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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