Global Nylon Tire Cord Fabric market

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MARKET OVERVIEW:

Nylon tire cord fabric serves as a critical reinforcement material in tire manufacturing, offering superior strength, durability, and heat resistance. Its exceptional performance characteristics make it indispensable for high-performance and commercial vehicle tires, where safety and longevity are paramount. As tire manufacturers seek to enhance product performance while meeting stricter regulatory standards, nylon cord fabrics continue to gain prominence in the industry.

MARKET INSIGHT & GROWTH DRIVERS:

The market growth is driven by increasing vehicle production worldwide and the rising demand for fuel-efficient tires with extended service life. While passenger vehicles dominate consumption, the commercial vehicle segment is showing particularly strong growth due to expanding logistics networks

BY TYPE

840/2 Denier

1260/2 Denier

1260/3 Denier

1680/2 Denier

1890/2 Denier

MARKET SEGMENTATION:

BY APPLICATION

Passenger Cars

Commercial Vehicles

MARKET DYNAMICS

Rising Demand for Fuel-Efficient and Durable Tires to Accelerate Market Growth

Global automotive industry is witnessing a s towards fuel efficiency and sustainability, dr advanced nylon tire cord fabrics. Nylon 6 an fabrics offer superior strength-to-weight rat resistance, and enhanced durability compar materials

MARKET OPPORTUNITIES

The emerging bio-nylon sector presents substantial growth opportunities, with several manufacturers piloting plant-based caprolactam production. Current prototypes demonstrate 85-90% of conventional nylon's performance characteristics while reducing carbon footprint by 40-45%. Automotive OEMs increasingly include sustainable materials in their procurement criteria, with some premium brands committing to 30% bio-content in tires by 2030. This shift could create a $280-320 million niche market for eco-friendly nylon tire cords within five years.

COMPANY

MISSION

Global nylon tire cord fabric market is experiencing significant growth due to the increasing demand for high-performance tires in the automotive industry. Nylon tire cords are widely used in tire manufacturing due to their superior strength, durability, and resistance to heat and fatigue. The growing automotive sector, particularly in emerging economies, is fueling the demand for nylon tire cord fabrics. Additionally, advancements in tire technology, such as the development of run-flat tires and eco-friendly tires, are further boosting the market.

REGIONAL MARKET OUTLOOK

North America

The North American nylon tire cord fabric market benefits from strong automotive manufacturing activity, particularly in the U.S. and Canada. A resurgence in commercial vehicle production (with Class 8 truck orders exceeding 25K units per month in 2024) drives steady demand for 1260/2 denier and 1680/2 denier nylon cords. Stringent fuel efficiency regulations are pushing tire manufacturers toward lightweight reinforcement materials, though this is somewhat offset by competition from polyester cords.

Europe

Europe shows a bifurcated market dynamic where Western nations prioritize performance-driven nylon cords for premium tires, while Eastern European markets favor cost-effective solutions. The EU's Circular Economy Action Plan is prompting tire manufacturers to explore recyclable nylon formulations, with Kordsa Global leading in sustainable tire cord development. Germany remains the largest consumer, accounting for nearly 30% of regional demand, supported by its robust automotive sector.

COMPETITIVE LANDSCAPE

Kordsa Global (Turkey)

Toray Industries, Inc. (Japan)

SRF Limited (India)

Century Enka Limited (India)

KOLON Industries (South Korea)

China Shenma Industry Co., Ltd. (China)

These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics.

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Global Nylon Tire Cord Fabric market by MarketResearch - Issuu