Nylon Tire Cord Market size was valued at USD 4.6 Billion in 2024 and is forecasted to grow at a CAGR of 5% from 2026 to 2033, reaching USD 6.8 Billion by 2033.
The global Nylon Tire Cord market was valued at USD 4.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The increasing demand for durable and fuel efficient tires in the automotive industry is driving the growth of the Nylon Tire Cord market. The market size is expected to reach USD 7.3 billion by 2030. The market is segmented by type, with nylon 6 and nylon 66 being the primary types used in tire manufacturing. The growing automotive production and the rising need for high performance tires are significantly contributing to market expansion. The demand for premium tires in the automotive sector is anticipated to further propel the market growth during the forecast period.
Regionally, Asia Pacific holds the largest share of the Nylon Tire Cord market, accounting for over 45% of the total market in 2022. This dominance can be attributed to the high production of vehicles in countries such as China, India, and Japan, coupled with the presence of major tire manufacturers in the region. North America and Europe are expected to witness steady growth, with North America having a market share of approximately 25% in 2022. The increasing demand for fuel efficient and eco friendly tires, combined with stringent regulations for tire performance, is boosting the market in these regions. The Latin American and Middle Eastern markets are expected to show substantial growth potential due to expanding automotive industries and rising consumer demand for high quality tires.
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Hyosung
Kordsa Teknik Tekstil
Kolon Industries
SRF Ltd
Indorama Ventures
Firestone
Maduratex
Kordarna Plus
Teijin
Toray Hybrid Cord
Milliken & Company
Far Eastern Group
Century Enka
Cordenka
Junma Tyre Cord
Shenma Industrial
Jinlun Group
Jiangsu Haiyang
Shandong Xiangyu
Shifeng Group
Shandong Tianheng
Jiangsu Taiji
Dongping Jinma Tyre Cord Fabric
Zhejiang Hailide New Material
Shandong Helon Polytex
Bestory Chemical Fiber
Zhejiang Unifull Industrial Fibre
Shandong Hesheng
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Nylon Tire Cord Market
Polyamide 6 (Nylon 6)
Polyamide 66 (Nylon 66)
High Tenacity Nylon
Heat-Resistant Nylon
Single-Yarn Cord
Multi-Yarn Cord
Twisted Cord
Flat Cord
Light Truck Tires
Passenger Car Tires
Motorcycle Tires
Heavy-Duty Vehicle Tires
Agricultural Tires
Industrial Tires
Radial Tire Reinforcement
Belted Tire Reinforcement
Bias-Ply Tire Reinforcement
Automotive
Aerospace
Construction
Mining
Logistics and Transportation
Sports and Recreation
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Nylon Tire Cord Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Nylon Tire Cord Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Nylon Tire Cord Market, By Type
6. Global Nylon Tire Cord Market, By Application
7. Global Nylon Tire Cord Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Nylon Tire Cord Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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