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Nylon Tire Cord Fabric Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • February 2024
  • Region: Global
  • Lucintel
  • ID: 5979948

Nylon Tire Cord Fabric Trends and Forecast

The future of the global nylon tire cord fabric market looks promising with opportunities in the passenger car, commercial vehicle, two-wheeler, and off-road vehicle markets. The global nylon tire cord fabric market is expected to grow with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are increasing demand for high wear resistance tires in commercial use, increasing demand for passenger cars in developing nations, and growing demand for fuel-efficient vehicles.

Nylon Tire Cord Fabric by Segment

The study includes a forecast for the global nylon tire cord fabric by type, application, end use, and region.

Nylon Tire Cord Fabric Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Nylon 6 Tire Cord
  • Nylon 66 Tire Cord

Nylon Tire Cord Fabric Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Bias Tire
  • Radial Tire
  • Others

Nylon Tire Cord Fabric Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Passenger Cars
  • Commercial Vehicles
  • Two-Wheelers
  • Off-Road Vehicles
  • Others

Nylon Tire 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 Nylon Tire 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 nylon tire cord fabric companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nylon tire cord fabric companies profiled in this report include:
  • Bestory Chemical Fiber
  • Century Enka
  • Dongping Jinma Tyre Cord Fabric
  • Firestone Fibers & Textiles
  • FORMOSA TAFFETA
  • HAIYANG TECHNOLOGY
  • Huaian Nylon Chemical Fibre
  • HYOSUNG ADVANCED MATERIALS
  • Indorama
  • Kolon Industries

Nylon Tire Cord Fabric Market Insights

The publisher forecasts that radial tire will remain the larger segment over the forecast period due to increased driving comfort, enhanced road contact, and lower fuel consumption in tires at high-speed.

APAC will remain the largest region over the forecast period due to growing middle-class income combined with banks' cheap borrowing rates for car purchases in the region.

Features of the Global Nylon Tire Cord Fabric Market

  • Market Size Estimates: Nylon tire cord fabric market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Nylon tire cord fabric market size by type, application, end use, and region in terms of value ($B).
  • Regional Analysis: Nylon tire 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, end use, and regions for the nylon tire cord fabric market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nylon tire 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 nylon tire cord fabric market?
Answer: The global nylon tire cord fabric market is expected to grow with a CAGR of 3.8% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the nylon tire cord fabric market?
Answer: The major drivers for this market are increasing demand for high wear resistance tires in commercial use, increasing demand for passenger cars in developing nations, and growing demand for fuel-efficient vehicles.

Q3. What are the major segments for nylon tire cord fabric market?
Answer: The future of the global nylon tire cord fabric market looks promising with opportunities in the passenger car, commercial vehicle, two-wheeler, and off-road vehicle markets.

Q4. Who are the key nylon tire cord fabric market companies?
Answer: Some of the key nylon tire cord fabric companies are as follows:
  • Bestory Chemical Fiber
  • Century Enka
  • Dongping Jinma Tyre Cord Fabric
  • Firestone Fibers & Textiles
  • FORMOSA TAFFETA
  • HAIYANG TECHNOLOGY
  • Huaian Nylon Chemical Fibre
  • HYOSUNG ADVANCED MATERIALS
  • Indorama
  • Kolon Industries
Q5. Which nylon tire cord fabric market segment will be the largest in future?
Answer: The publisher forecasts that radial tire will remain the larger segment over the forecast period due to increased driving comfort, enhanced road contact, and lower fuel consumption in tires at high-speed.

Q6. In nylon tire 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 growing middle-class income combined with banks' cheap borrowing rates for car purchases in the region.

Q.7 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the nylon tire cord fabric market by type (nylon 6 tire cord and nylon 66 tire cord), application (bias tire, radial tire, and others), end use (passenger cars, commercial vehicles, two-wheelers, off-road vehicles, 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?


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Table of Contents

1. Executive Summary
2. Global Nylon Tire 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 Nylon Tire Cord Fabric Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Nylon Tire Cord Fabric Market by Type
3.3.1: Nylon 6 Tire Cord
3.3.2: Nylon 66 Tire Cord
3.4: Global Nylon Tire Cord Fabric Market by Application
3.4.1: Bias Tire
3.4.2: Radial Tire
3.4.3: Others
3.5: Global Nylon Tire Cord Fabric Market by End Use
3.5.1: Passenger Cars
3.5.2: Commercial Vehicles
3.5.3: Two-wheelers
3.5.4: Off-road Vehicles
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Nylon Tire Cord Fabric Market by Region
4.2: North American Nylon Tire Cord Fabric Market
4.2.1: North American Nylon Tire Cord Fabric Market by Application: Bias Tire, Radial Tire, and Others
4.2.2: North American Nylon Tire Cord Fabric Market by End Use: Passenger Cars, Commercial Vehicles, Two-wheelers, Off-road Vehicles, and Others
4.3: European Nylon Tire Cord Fabric Market
4.3.1: European Nylon Tire Cord Fabric Market by Application: Bias Tire, Radial Tire, and Others
4.3.2: European Nylon Tire Cord Fabric Market by End Use: Passenger Cars, Commercial Vehicles, Two-wheelers, Off-road Vehicles, and Others
4.4: APAC Nylon Tire Cord Fabric Market
4.4.1: APAC Nylon Tire Cord Fabric Market by Application: Bias Tire, Radial Tire, and Others
4.4.2: APAC Nylon Tire Cord Fabric Market by End Use: Passenger Cars, Commercial Vehicles, Two-wheelers, Off-road Vehicles, and Others
4.5: ROW Nylon Tire Cord Fabric Market
4.5.1: ROW Nylon Tire Cord Fabric Market by Application: Bias Tire, Radial Tire, and Others
4.5.2: ROW Nylon Tire Cord Fabric Market by End Use: Passenger Cars, Commercial Vehicles, Two-wheelers, Off-road Vehicles, 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 Nylon Tire Cord Fabric Market by Type
6.1.2: Growth Opportunities for the Global Nylon Tire Cord Fabric Market by Application
6.1.3: Growth Opportunities for the Global Nylon Tire Cord Fabric Market by End Use
6.1.4: Growth Opportunities for the Global Nylon Tire Cord Fabric Market by Region
6.2: Emerging Trends in the Global Nylon Tire Cord Fabric Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Nylon Tire Cord Fabric Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Nylon Tire Cord Fabric Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Bestory Chemical Fiber
7.2: Century Enka
7.3: Dongping Jinma Tyre Cord Fabric
7.4: Firestone Fibers & Textiles
7.5: FORMOSA TAFFETA
7.6: HAIYANG TECHNOLOGY
7.7: Huaian Nylon Chemical Fibre
7.8: HYOSUNG ADVANCED MATERIALS
7.9: Indorama
7.10: Kolon Industries

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bestory Chemical Fiber
  • Century Enka
  • Dongping Jinma Tyre Cord Fabric
  • Firestone Fibers & Textiles
  • FORMOSA TAFFETA
  • HAIYANG TECHNOLOGY
  • Huaian Nylon Chemical Fibre
  • HYOSUNG ADVANCED MATERIALS
  • Indorama
  • Kolon Industries

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the 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 the 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 professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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