Tire Cord Fabrics Market Report 2026

The tire cord fabrics market size has grown strongly in recent years. It will grow from $6.33 billion in 2025 to $6.67 billion in 2026 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to expansion of radial tire production, growth in automotive manufacturing output, increasing demand for high-load tires, adoption of polyester and nylon cord materials, expansion of commercial vehicle fleets.

The tire cord fabrics market size is expected to see steady growth in the next few years. It will grow to $8.06 billion in 2030 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to increasing demand for lightweight and high-performance tires, rising use of aramid and advanced fibers, expansion of electric vehicle tire requirements, growing focus on durability optimization, increasing investments in advanced cord treatment technologies. Major trends in the forecast period include increasing use of high-strength synthetic fibers, rising adoption of lightweight reinforcement materials, growing demand for heat-resistant tire cords, expansion of radial tire cord applications, enhanced focus on tire longevity reinforcement.

The increase in automobile production is anticipated to drive the growth of the tire cord fabrics market in the coming years. Automobile production involves the mass manufacturing of passenger and commercial vehicles across automotive assembly plants worldwide. The rise in automobile production is attributed to the recovery and expansion of global automotive manufacturing capacity following the normalization of supply chains. Tire cord fabrics reinforce and stabilize tires, allowing vehicles to meet critical safety, durability, and performance standards required for large-scale vehicle manufacturing. For example, in April 2024, according to the Serbian Association of Vehicle and Parts Importers, a Serbia-based professional automotive body, global vehicle production reached 93,546,599 units in 2023, including 67,133,570 passenger vehicles, compared to 84,830,376 vehicles produced in 2022. As a result, the surge in automobile production is contributing to the growth of the tire cord fabrics market.

Leading companies operating in the tire cord fabrics market are concentrating on the development of sustainable tire reinforcement materials, such as recycled nylon tire cord fabrics, to improve environmental performance and support circular manufacturing within the automotive industry. Recycled nylon tire cord fabric is a high-strength textile reinforcement material manufactured from recycled nylon feedstock and integrated into tire structures to enhance durability, load-bearing capability, and overall tire performance while minimizing environmental impact. For instance, in January 2023, Century Enka Limited, an India-based producer of nylon filament yarn and tire cord fabrics, initiated commercial production of a sustainable nylon tire cord fabric made entirely from recycled nylon waste. This product is intended to supply tire manufacturers with eco-friendly reinforcement materials and reduce reliance on virgin raw materials, featuring recycled caprolactam input, high-tenacity nylon cords, and compatibility with existing tire manufacturing processes. The sustainable nylon tire cord fabric enhances material sustainability, supports circular economy initiatives, and aligns with the environmental and regulatory goals of tire manufacturers.

June 2023 marked Nortex, a Russia-based chemical raw materials manufacturer, acquiring the Lanxess plant in Russia for an undisclosed sum. This acquisition signifies a pivotal step in Nortex's expansion, stabilizing and developing the local market for tires and rubber goods through import substitution of raw materials. The purchase aims to boost production and sales both domestically within the Russian Federation and in international export markets. Lanxess AG, headquartered in Germany, specializes in specialty chemicals manufacturing.

Major companies operating in the tire cord fabrics market are Showa Denko K.K., Bridgestone Corporation, Asahi Kasei Corporation, Indorama Ventures Company Limited, Toray Industries Inc., Hyosung Corporation, Teijin Ltd., Bekaert Corporation, Kolon Industries Inc., Milliken & Company, Far Eastern Group, Kordsa Teknik Tekstil Company, SRF Ltd., Shenma Industrial Co Ltd., Formosa Taffeta Co Ltd., Henan Hengxing Science & Technology Co, Tokusen, Kusumgar Corporates, Cordenka GmbH & Co KG, Colmant Coated Fabrics, Century Enka Limited, Glanzstoff Textilcord, Hanoi Industrial Textile Jsc, Kordarna Plus A.S.

Asia-Pacific was the largest region in the tire cord fabrics market in 2025 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the tire cord fabrics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the tire cord fabrics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The tire cord fabrics market consists of sales of aramid, polyethylene naphthalate, steel cord, tubed tyre, and solid rubber tyre. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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