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Global Dipped Tire Cord Fabric Industry: Types, Applications, Market Players, Regional Growth Analysis, and Future Scenarios (2024 - 2031)

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The "Dipped Tire Cord Fabric Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Dipped Tire Cord Fabric market is expected to grow annually by 6.9% (CAGR 2024 - 2031).

This entire report is of 132 pages.

Dipped Tire Cord Fabric Introduction and its Market Analysis

The global Dipped Tire Cord Fabric market research report provides insights into market conditions and future growth prospects. Dipped Tire Cord Fabric is a crucial component in tire manufacturing, providing strength and durability. The target market includes tire manufacturers seeking high-quality materials. Major factors driving revenue growth include increasing demand for automobiles and improved tire performance. Key players in the market include Kordsa Teknik Tekstil, Hyosung, Kolon Industries, SRF Ltd, and Indorama Ventures (Kordarna Plus). The report highlights market trends, competitive landscape, and key opportunities for growth. Recommendations include investing in research and development to enhance product quality and expand market reach.

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The global Dipped Tire Cord Fabric market is segmented into three main types: PA6 Tire Cord Fabrics, PA66 Tire Cord Fabrics, and Polyester Tire Cord Fabrics. These fabrics are widely used in the manufacturing of Bias Tires and Radial Tires. The market is driven by the increasing demand for high-performance tires in the automotive industry.

Regulatory and legal factors play a crucial role in shaping the market conditions for Dipped Tire Cord Fabric. Stringent regulations regarding quality control and safety standards imposed by regulatory bodies can impact the production and distribution of these fabrics. Companies operating in this market must comply with industry regulations to ensure the safety and reliability of their products.

Overall, the Dipped Tire Cord Fabric market is expected to witness steady growth in the coming years, driven by the rising demand for durable and high-quality tires. By understanding the regulatory and legal factors specific to the market conditions, companies can adapt their strategies to meet industry standards and capitalize on the opportunities in this thriving market.

Top Featured Companies Dominating the Global Dipped Tire Cord Fabric Market

The dipped tire cord fabric market is highly competitive with several key players operating in the industry. Some of the prominent companies in the market include Kordsa Teknik Tekstil, Hyosung, Kolon Industries, SRF Ltd, Indorama Ventures (Kordarna Plus), Firestone Fibers & Textiles, Madura Industrial Textiles, Teijin Frontier (Thailand), Century Enka, Shenma Industrial, Junma Tyre Cord, Huaian Nylon Chemical Fibre, Jiangsu Haiyang, Shifeng Group, Dongping Jinma Tyre Cord Fabric, Bestory Group, Hangzhou Dikai Industrial Fabrics, Far Eastern Group, Cordenka, Jiangsu Taiji, Zhejiang Hailide, Helon Polytex, Zhejiang Unifull, and RUIQI Cord Fabric.

These companies play a crucial role in driving growth in the dipped tire cord fabric market through innovative product offerings, strategic partnerships, acquisitions, and expansions. They focus on developing high-performance tire cord fabrics that offer superior strength, durability, and flexibility to meet the increasing demand for high-quality tires in the automotive industry.

Some of the key players in the market, such as Hyosung, SRF Ltd, and Teijin Frontier, have reported significant sales revenues in recent years. For instance, Hyosung reported sales revenue of approximately $7 billion in 2020, while SRF Ltd reported sales revenue of around $1 billion in the same year. These companies continue to invest in R&D activities to develop advanced tire cord fabrics and expand their global presence to cater to the growing demand for high-performance tires.

Overall, the competitive landscape of the dipped tire cord fabric market is driven by a focus on innovation, quality, and customer satisfaction, with key players playing a vital role in driving growth and expansion in the market.

  • Kordsa Teknik Tekstil
  • Hyosung
  • Kolon Industries
  • SRF Ltd
  • Indorama Ventures (Kordarna Plus)
  • Firestone Fibers & Textiles
  • Madura Industrial Textiles
  • Teijin Frontier (Thailand)
  • Century Enka
  • Shenma Industrial
  • Junma Tyre Cord
  • Huaian Nylon Chemical Fibre
  • Jiangsu Haiyang
  • Shifeng Group
  • Dongping Jinma Tyre Cord Fabric
  • Bestory Group
  • Hangzhou Dikai Industrial Fabrics
  • Far Eastern Group
  • Cordenka
  • Jiangsu Taiji
  • Zhejiang Hailide
  • Helon Polytex
  • Zhejiang Unifull
  • RUIQI Cord Fabric

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Dipped Tire Cord Fabric Market Analysis, by Type:

  • PA6 Tire Cord Fabrics
  • PA66 Tire Cord Fabrics
  • Polyester Tire Cord Fabrics

PA6, PA66, and polyester tire cord fabrics are the most commonly used types of dipped tire cord fabrics. PA6 and PA66 offer high strength and heat resistance, making them ideal for heavy-duty and high-performance tires. Polyester tire cord fabrics provide good abrasion resistance and flexibility, making them suitable for a wide range of tire applications. The use of these fabrics helps in boosting the demand of the dipped tire cord fabric market as they provide enhanced performance and durability to tires, ultimately leading to increased safety and longevity on the road.

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Dipped Tire Cord Fabric Market Analysis, by Application:

  • Bias Tire
  • Radial Tire

Dipped tire cord fabric is used in the production of both bias tires and radial tires. In bias tires, the fabric is typically laid diagonally across the tire casing to provide strength and stability. In radial tires, the fabric is arranged in a radial pattern from the tire's center to the outer edges for improved performance and durability. The fastest growing application segment in terms of revenue is radial tires, as they offer better handling, fuel efficiency, and overall performance compared to bias tires. This growth is driven by increasing demand for high-performance vehicles and advancements in tire manufacturing technology.

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Dipped Tire Cord Fabric Industry Growth Analysis, by Geography:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The dipped tire cord fabric market is expected to experience significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea). Among these regions, Asia-Pacific is projected to dominate the market with the highest market share percentage valuation. The expected market share of the dipped tire cord fabric market in different regions is estimated to be 40% in Asia-Pacific, 30% in Europe, 20% in North America, and 10% in Latin America and Middle East & Africa.

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