Global Tire Cords market cagr 13.3%

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Tire Cords Market

Tire Cords Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report

Tire Cords Market Size and Growth

The Tire Cords market research report provides a comprehensive analysis of current market conditions, trends, and opportunities. The market size is estimated to be valued at $6.5 billion in 2020 and is projected to grow at a CAGR of 3.5% over the forecast period, driven by increasing demand for automotive tires globally.

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Companies Covered

(Covid 19 Impact Covered)

◍ Kolon Industries

◍ Oriental Industries

◍ Toray Hybrid Cord, Inc

◍ Bekaert

◍ Century Enka Limited

◍ Cordenka GmbH and Co Kg

◍ Formosa Taffeta Co., Ltd

◍ Hyosung Corporation

The Tire Cords Market is highly competitive with key players such as Kolon Industries, Bekaert, Hyosung Corporation, and Teijin Limited leading the market. These companies produce high-quality tire cords for the automotive industry, contributing to the growth of the market. As per recent reports, Bekaert reported sales revenue of $4.3 billion and Hyosung Corporation reported sales revenue of $4.1 billion.

◍ Indorama Ventures Public Company Limited

◍ Xingda International

◍ Kordarna Plus A.s

◍ Kordsa Global Endustriyel Iplik Ve Kord Bezi

Sanayi Ve Ticaret As

◍ SRF Limited

◍ Teijin Limited

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Market Segmentation

By Application

◍ Radial Tires for Passenger Cars

◍ Premium Tires

By Product
Polyester
Tire Cord
Hybrid Tire Cord
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Market Growth

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$ X Billion USD

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