Tire Reinforcement Materials Market

Executive Summary

Tire Reinforcement Materials Market from Consainsights analyses the Tire Reinforcement Materials Market Market in the Chemicals & Materials industry over the forecast period to 2027.

Tire Reinforcement Materials Market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Tire Reinforcement Materials Market segmentation includes Material, Technology, Type, Application and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Material, the Tire Reinforcement Materials Market analysis covers Steel, Polyester, Nylon, Rayon, Aramid, Other Materials.

Based on the Technology, the Tire Reinforcement Materials Market analysis covers Drawing, Melt Spinning, Solution Spinning.

Based on the Type, the Tire Reinforcement Materials Market analysis covers Tire Cord Fabric, Tire Bead Wire.

Based on the Application, the Tire Reinforcement Materials Market analysis covers Automobile Carcasses, Belt Ply, Cap Ply.

Key companies operating in the market include Bekaert., Century Enka Limited., CORDENKA GmbH & Co. KG, Dupont, FORMOSA TAFFETA CO., LTD., Glanzstoff Industries, HYOSUNG, Jiangsu Taiji Industry New Materials Co., Ltd., Jiangsu Xingda Steel Tire Cord Co. Ltd., Kolon Industries Inc., Kordsa Teknik Tekstil A.Ş., Michelin, SRF Limited, Teijin Ltd., Toray Hybrid Cord,Inc, TOYOBO CO., LTD. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

Market Overview

• Definition & Scope
• Currency, Year & Forecast

Definition & Scope

• The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
• The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
• The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
• Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
• Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
• As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

By Material

• Introduction
• Steel
• Polyester
• Nylon
• Rayon
• Aramid
• Other Materials

Introduction

By By Material, The Tire Reinforcement Materials Market analysis covers Steel, Polyester, Nylon, Rayon, Aramid, Other Materials.

Steel

The Steel segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Polyester

The Polyester segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Nylon

The Nylon segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Rayon

The Rayon segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Aramid

The Aramid segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other Materials

The Other Materials segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Technology

• Introduction
• Drawing
• Melt Spinning
• Solution Spinning

Introduction

By By Technology, The Tire Reinforcement Materials Market analysis covers Drawing, Melt Spinning, Solution Spinning.

Drawing

The Drawing segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Melt Spinning

The Melt Spinning segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Solution Spinning

The Solution Spinning segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Type

• Introduction
• Tire Cord Fabric
• Tire Bead Wire

Introduction

By By Type, The Tire Reinforcement Materials Market analysis covers Tire Cord Fabric, Tire Bead Wire.

Tire Cord Fabric

The Tire Cord Fabric segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Tire Bead Wire

The Tire Bead Wire segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Application

• Introduction
• Automobile Carcasses
• Belt Ply
• Cap Ply

Introduction

By By Application, The Tire Reinforcement Materials Market analysis covers Automobile Carcasses, Belt Ply, Cap Ply.

Automobile Carcasses

The Automobile Carcasses segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Belt Ply

The Belt Ply segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Cap Ply

The Cap Ply segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Company Analysis

• Introduction
• Bekaert.
• Century Enka Limited.
• CORDENKA GmbH & Co. KG
• Dupont
• FORMOSA TAFFETA CO., LTD.
• Glanzstoff Industries
• HYOSUNG
• Jiangsu Taiji Industry New Materials Co., Ltd.
• Jiangsu Xingda Steel Tire Cord Co. Ltd.
• Kolon Industries Inc.
• Kordsa Teknik Tekstil A.Ş.
• Michelin
• SRF Limited
• Teijin Ltd.
• Toray Hybrid Cord,Inc
• TOYOBO CO., LTD.

Introduction

Key companies operating in the market include Bekaert., Century Enka Limited., CORDENKA GmbH & Co. KG, Dupont, FORMOSA TAFFETA CO., LTD., Glanzstoff Industries, HYOSUNG, Jiangsu Taiji Industry New Materials Co., Ltd., Jiangsu Xingda Steel Tire Cord Co. Ltd., Kolon Industries Inc., Kordsa Teknik Tekstil A.Ş., Michelin, SRF Limited, Teijin Ltd., Toray Hybrid Cord,Inc, TOYOBO CO., LTD. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.