Nylon Tyre Cord Fabric Market
The market for Nylon Tyre Cord Fabric was estimated at $2.5 billion in 2024; it is anticipated to increase to $3.9 billion by 2030, with projections indicating growth to around $5.6 billion by 2035.
Global Nylon Tyre Cord Fabric Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Nylon Tyre Cord Fabric industry revenue is expected to be around $2.7 billion in 2025 and expected to showcase growth with 7.8% CAGR between 2025 and 2034. The rising trend in the market highlights how Nylon tire cord fabric plays a role in today's global industrial scene. The quick acceptance of this fabric can be linked to contributing factors such as the growing need in the automotive sector and advancements in manufacturing technology that focus on enhanced fuel efficiency. The longevity and heat resistant features of Nylon tire cord fabric along with its top notch performance, during high speed situations collectively uphold its importance in the market.
Highly regarded for its durability and exceptional bonding capabilities nylon tire cord fabric plays a vital role in crafting top of the line tires that excel in heavy duty settings like construction and mining operations for large vehicles. Furthermore there has been an increase in its application, for passenger car radial tires, which reflects the automotive sectors move towards more eco friendly transportation options.
Market Key Insights
- The Nylon Tyre Cord Fabric market is projected to grow from $2.5 billion in 2024 to $5.2 billion in 2034. This represents a CAGR of 7.8%, reflecting rising demand across Automobile Industry, Bicycle Tires and Commercial Vehicles.
- Kolon Industries Inc., Hyosung Corporation, SRF Limited are among the leading players in this market, shaping its competitive landscape.
- China and India are the top markets within the Nylon Tyre Cord Fabric market and are expected to observe the growth CAGR of 5.1% to 7.5% between 2024 and 2030.
- Emerging markets including Turkey, Brazil and Malaysia are expected to observe highest growth with CAGR ranging between 9.0% to 10.8%.
- Transition like Emergence of High-performance Fibers is expected to add $114 million to the Nylon Tyre Cord Fabric market growth by 2030.
- The Nylon Tyre Cord Fabric market is set to add $2.8 billion between 2024 and 2034, with manufacturer targeting Motorcycle & Bicycle Manufacturing Application projected to gain a larger market share.
- With Rising automobile industry, and Emergence of advanced material technology, Nylon Tyre Cord Fabric market to expand 112% between 2024 and 2034.