Tyre Cord Fabric Market

Tyre cord fabric market: enjoy the most recent info empowered by an Ai-driven market intelligence tool. Information provide companies, trade, imports, market size, market prices, exports, production, and consumption. Here is a breakdown by country, including the U.S., Africa, the U.K., China, Russia, Latin America, the Middle East, and EU. Market dynamics and forecast to 2030 are also provided in the snapshots.


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Tyre Cord Fabric - World's Largest Markets

RatingCountry
1China
2United States
3India
4Germany
5Canada

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the tyre cord fabric market remained relatively stable over the period from 2018-2020. In the other countries, the average annual rates were as follows: the United States (-3.4% per year) and India (-6.3% per year).

Tyre Cord Fabric Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Mexico327930971942-23.0%
China385131632646-17.1%
Belarus336634332867-7.7%
South Korea352134813183-4.9%
Indonesia372338913433-4.0%
Thailand425751113808-5.4%
Vietnam399839983815-2.3%
Czech Republic417433324097-0.9%
Turkey456345704284-3.1%
Poland4223396144813.0%
United States4313448745062.2%
Portugal473947454545-2.1%
Italy7365762075841.5%
Average412639033465-8.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($7,584 per ton), while Mexico ($1,942 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China624366555483-6.3%
Germany535151665052-2.8%
Romania4669480049963.4%
India3666347842978.3%
Brazil407239683853-2.7%
Poland395636233538-5.4%
United States378437853467-4.3%
Russia386739773427-5.9%
Indonesia396839003380-7.7%
Japan343534562960-7.2%
South Korea353634762934-8.9%
Thailand351638122925-8.8%
Bangladesh213221691837-7.2%
Average398939903624-4.7%

Prices varied noticeably by the country of destination; the country with the highest price was China ($5,483 per ton), while Bangladesh ($1,837 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced mixed trends in the import price figures.

Tyre Cord Fabric - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.40.40.2-20.4%
Thailand0.20.20.2-8.9%
India0.30.20.2-23.4%
South Korea0.10.10.13.1%
Germany0.20.20.1-13.3%

In value terms, the largest tyre cord fabric importing markets worldwide were the United States ($245M), Thailand ($192M) and India ($162M), with a combined 27% share of global imports. South Korea, Germany, Japan, Indonesia, China, Romania, Poland, Russia, Brazil and Bangladesh lagged somewhat behind, together accounting for a further 38%.

In terms of the main importing countries, Bangladesh recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Tyre Cord Fabric - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.80.70.6-16.0%
Vietnam0.50.60.4-7.9%
South Korea0.30.30.2-14.8%
Turkey0.10.10.09-18.8%
Poland0.10.080.08-10.7%

In value terms, China ($550M), Vietnam ($417M) and South Korea ($191M) constituted the countries with the highest levels of exports in 2020, with a combined 61% share of global exports.

In terms of the main exporting countries, Vietnam saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Tyre Cord Fabric - Market Forecast

Driven by rising demand for tyre cord fabric worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Tyre Cord Fabric - Top Companies

HAVELLS INDIA LIMITED, SRF LIMITED, Jiangsu Xingda Steel Tyre Cord Co., Ltd., USHA MARTIN LIMITED, KORDSA TEKNIK TEKSTIL ANONIM SIRKETI, JUNMA TYRE CORD CO., LTD., V GUARD INDUSTRIES LIMITED, North American Interconnect, LLC, INDO KORDSA, PT TBK, INTERPLAST CO LTD, HES HACILAR ELEKTRIK SANAYI VE TICARET ANONIM SIRKETI, TMC Co., Ltd., Korea Trading & Industries Co., Ltd., KYOWA CO.,LTD., UNITED INDUSTRIES COMPANY EL SEWEDY, DSR Corp., VOKSEL ELECTRIC, PT TBK, Young Heung Iron & Steel Co., Ltd., Pfeifer Seil- und Hebetechnik GmbH, ELAND ELECTRICAL LIMITED

Tyre Cord Fabric - Product Coverage

  • HS 5902 - Textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamides polyesters or viscose rayon
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World - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global tyre cord fabric market.

Latin America and the Caribbean - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in Latin America and the Caribbean.

Northern America - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in Northern America.

Africa - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in Africa.

Australia and Oceania - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in Australia and Oceania.

Middle East - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in the Middle East.

Central Asia - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in Central Asia.

South-Eastern Asia - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in South-Eastern Asia.

Southern Asia - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in Southern Asia.

Eastern Asia - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the tyre cord fabric market in Eastern Asia.

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