Report overview
Tire reinforcement materials includes steel tire cord fabric, steel bead wire, polyester tire cord fabric, nylon tire cord fabric, rayon tire cord fabric, aramid tire cord fabric, PEN tire cord fabric, and hybrid reinforcement materials.
This report aims to provide a comprehensive presentation of the global market for Tire Reinforcement Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tire Reinforcement Materials. This report contains market size and forecasts of Tire Reinforcement Materials in global, including the following market information:
Global Tire Reinforcement Materials Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Tire Reinforcement Materials Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Tire Reinforcement Materials companies in 2022 (%)
The global Tire Reinforcement Materials market was valued at US$ 12630 million in 2022 and is projected to reach US$ 15590 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Reinforced tires are rigid, offer stability, better traction, greater adhesion properties, and are more resistant to mechanical damage. Besides the capability to carry the extra load, these tires have a longer life than normal tires and are not prone to internal damages. Reinforced tires have more usage in vans, trucks, estate cars, sports cars, and delivery vehicles as they can withstand higher pressure and increased load capacity. Several reinforcement materials used in tires include steel cord fabric, steel bead wire, polyester cord fabric, rayon cord fabric, aramid cord fabric, nylon cord fabric, and other materials. These materials confer structural, mechanical, and physical properties to tires. The latest development in the market is the growing demand for eco-friendly tires, which has compelled vendors to shift towards the usage of natural and recycled materials like ground rubber, orange oil, and low-aromatic oils to manufacture tires.
We surveyed the Tire Reinforcement Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tire Reinforcement Materials Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Tire Reinforcement Materials Market Segment Percentages, by Type, 2022 (%)
Steel
Polyester
Rayon
Nylon
Global Tire Reinforcement Materials Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Tire Reinforcement Materials Market Segment Percentages, by Application, 2022 (%)
Tire Cord Fabric
Tire Bead Wire
Global Tire Reinforcement Materials Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Tire Reinforcement Materials Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tire Reinforcement Materials revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Tire Reinforcement Materials revenues share in global market, 2022 (%)
Key companies Tire Reinforcement Materials sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Tire Reinforcement Materials sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bekaert
Kolon Industries
Toray Industries
Milliken & Company
CORDENKA
Tokusen Kogyo
Outline of Major Chapters:
Chapter 1: Introduces the definition of Tire Reinforcement Materials, market overview.
Chapter 2: Global Tire Reinforcement Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Tire Reinforcement Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Tire Reinforcement Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Tire Reinforcement Materials capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
