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Recycled Polyester Tire Cord Fabric Market

Recycled Polyester Tire Cord Fabric Market

The market for Recycled Polyester Tire Cord Fabric was estimated at $644 million in 2024; it is anticipated to increase to $1.09 billion by 2030, with projections indicating growth to around $1.70 billion by 2035.

Report ID:DS1306015
Author:Vineet Pandey - Business Consultant
Published Date:
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Recycled Polyester Tire Cord Fabric
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Global Recycled Polyester Tire Cord Fabric Market Outlook

Revenue, 2024

$644M

Forecast, 2034

$1.55B

CAGR, 2025 - 2034

9.2%

The Recycled Polyester Tire Cord Fabric industry revenue is expected to be around $703.0 million in 2025 and expected to showcase growth with 9.2% CAGR between 2025 and 2034. The increasing need for recycled polyester tire cord fabric is strongly tied to the rising push for sustainability within the tire industry sector. This importance has become more pronounced due to the growing need for eco manufacturing methods and top notch tire manufacturing. A worldwide move towards sources of raw materials has made this fabric the preferred option for making tire cords fueled by stricter regulations in various regions, across the globe. Furthermore,significant progress, in recycling technology and enhanced manufacturing methods have also contributed to the feasibility and competitive advantage of recycled polyester within the tire industry.

Recycled polyester tire cord fabric is known for its strength under tension and excellent ability to maintain its dimensions without stretching easily or fatiguing quickly. Qualities crucial for producing top quality tire cords. This friendly fabric is mainly used in making car tires, truck tires and specialized aircraft tires, with superior performance characteristics. The growing popularity of green tires’ has significantly boosted the demand, for friendly tires that are fuel efficient and long lasting.

Recycled Polyester Tire Cord Fabric market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034
Recycled Polyester Tire Cord Fabric Market Outlook

Market Key Insights

  • The Recycled Polyester Tire Cord Fabric market is projected to grow from $643.8 million in 2024 to $1.55 billion in 2034. This represents a CAGR of 9.2%, reflecting rising demand across Automobile Industry, Marine & Aquacultural Sector, and Industrial Uses.

  • Tire Cord USA, Barnet Europe W. Luebbe GmbH, and Maduratex Kusumahadi Sentosa PT are among the leading players in this market, shaping its competitive landscape.

  • U.S. and Germany are the top markets within the Recycled Polyester Tire Cord Fabric market and are expected to observe the growth CAGR of 6.7% to 9.7% between 2024 and 2030.

  • Emerging markets including Vietnam, South Africa and Brazil are expected to observe highest growth with CAGR ranging between 8.8% to 11.5%.

  • Transition like Shift to Sustainable Materials is expected to add $115 million to the Recycled Polyester Tire Cord Fabric market growth by 2030

    .
  • The Recycled Polyester Tire Cord Fabric market is set to add $909 million between 2024 and 2034, with manufacturer targeting Aviation & Marine Application projected to gain a larger market share.

  • With

    sustainability initiatives, and

    Technological Advancements, Recycled Polyester Tire Cord Fabric market to expand 141% between 2024 and 2034.

recycled polyester tire cord fabric market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032
Recycled Polyester Tire Cord Fabric - Country Share Analysis

Opportunities in the Recycled Polyester Tire Cord Fabric

The progress in technology within the textile sector shows an outlook for recycled tire cord fabric made from polyester material with new advancements allowing manufacturers to enhance the strength and quality of these textiles significantly. Moreover the utilization of intelligence and automation in the production of recycled polyester tire cord fabric suggests a bright future ahead, for this industry.

Growth Opportunities in North America and Asia-Pacific

North America holds a portion of the market for recycled polyester tire cord fabric industry with the United States playing a significant role in it. This dominance is supported by the automotive sector in the region along with a strong focus on environmental consciousness and regulatory backing for sustainable materials. As companies prioritize sustainability in their manufacturing processes the adoption of technologies for production of recycled polyester tire cord fabric is increasing. These advancements not only enhance operational efficiency but also aid in lowering carbon emissions resulting in a rise in demand, within this region. The competitive environment becomes more dynamic, with the involvement of market participants. This situation brings about possibilities and obstacles.
The Asia Pacific region plays a role in the production of recycled polyester tire cord fabric due to its thriving automobile and smart textiles industries. China India and South Korea are players in this sector as their automotive industries continue to grow rapidly and demand more tire cord fabric. A notable trend in this region is the rising consumer interest, in eco options, which further boosts the market for recycled polyester tire cord fabric. In this region well there is tough competition because many top companies are present which boosts innovation and development in the industry here; nevertheless market expansion faces obstacles due to inconsistent waste management methods and regulatory variations, in this region.

Market Dynamics and Supply Chain

01

Driver: Sustainability Initiatives, and Expanding Automotive Industry

The recycled polyester tire cord fabric market is also experiencing growth due to the global shift towards sustainability efforts being made by prominent tire manufacturers who are also now using eco friendly materials like recycled polyester in their production processes, for tire cord fabric in order to meet environmental standards and reduce carbon emissions as part of their initiatives. Efforts, towards production have also resulted in the creation of high quality tire cord fabric made from recycled polyester fibers that improve tire performance and durability over time.

The expanding global automotive industry, coupled with the rising demand for lightweight and durable materials is also another key for the recycled polyester tire cord fabric market. The increasing production of automobiles necessitates high-performing tires, which in turn boosts demand for reliable tire cord fabric.

Recent also advances in technology have also led to the development of notch and effective methods for producing recycled polyester tire cord fabric with high quality standards in mind. A variety of technologies are also now being utilized to further improve the characteristics of this tire cord fabric and explore its potential applications across differents of tires. These progressions in manufacturing methods are also poised to broaden the use of polyester tire cord fabric, in durable and high performance tires, supporting industry revenue growth.

02

Restraint: High Production Costs

The creation of tire cord fabric from recycled polyester involves expenses for operations such as gathering and sorting waste materials for recycling and managing energy consumption, during manufacturing processes and recycling facility upkeep costs. These considerable production expenses ultimately raise the price of the end product significantly potentially discouraging customers and resulting in reduced market demand.

03

Opportunity: Strategic Collaborations and Partnerships and Expanding Automotive Industry

Strategic partnerships between companies that make products and suppliers of materials support the expansion of the recycled polyester tire cord fabric market and create opportunities for growth in the market space to emerge anew. Partnered corporations aiming for practices are putting more resources into working together to secure dependable supplies of top notch recycled polyester. This effort is fuelled by the rising need for this material in making tire cord fabrics. These collaborations dont just improve production methods. Also advocate for a circular economic system that guarantees a well rounded advancement, in the marketplace.

Theindustry'sgrowth is driving a surge in the need for recycled polyester tire cord fabric to soar significantly in demand soon. The tensile strength and top notch performance of this fabric make it a preferred option for tire production nowadays. The rising preference for eco materials in the automotive sector is also promoting the adoption of recycled polyester in tire cord production as a profitable area, for expansion.

04

Challenge: Strict Environmental Regulations

Hauling and handling huge quantities of waste materials during the recycling process require adherence to complex environmental regulations. The high cost incurred in meeting these regulatory standards, coupled with the risk of steep fines for non-compliance, presents substantial impediments to market growth. Moreover, these regulations may vary across regions, adding to the complexity of operating in the recycled polyester tire cord fabric industry.

Supply Chain Landscape

1

Raw Material Collection

Waste Management IncRepublic Services
2

Material Processing

GreenFiber InternationalUnifi Inc
3

Manufacturing

Indorama VenturesToray Industries
4

End-use

Goodyear Tire & Rubber CompanyMichelin
Recycled Polyester Tire Cord Fabric - Supply Chain

Applications of Recycled Polyester Tire Cord Fabric in Automobile Industry, Industrial Uses & Marine & Aquacultural Sector

Automobile Industry : The automobile sector is a significant region where recycled polyester tire cord fabric is extensively utilized. The higher strength, improved durability, and corrosion resistance of recycled cord fabric find immense use in the manufacture of vehicle tires that can handle tougher terrains and long-distance traveling. Market-leading companies, such as Bridgestone Corp and Michelin, leverage these fabrics to produce high-quality, long-lasting, and eco-friendly tires which significantly reinforce their market standing.
Marine & Aquacultural Sector : The marine industry represents another key application region where recycled polyester tire cord fabric is predominantly employed. Specifically, its high resistance to saltwater corrosion makes it exceptionally ideal for making fishing nets, ropes, lines, and other fishing equipment in the aquaculture sector. Worlds leading suppliers in the marine industry, such as DuPonts subsidiary and Teijin Aramid, use this recycled polyester tire cord fabric to deliver sustainable and durable products.
Industrial Uses : Recycled polyester tire cord fabric holds a high demand in various industrial applications, thanks to its superior tensile strength and heat-resistance. Particularly, its use in manufacturing conveyor belts, protective clothing, and other safety equipment is noteworthy. Key players like 3M and Honeywell have incorporated this eco-friendly fabric in their product range, thus positioning themselves as industry leaders in sustainability and innovation.

Recent Developments

Recent market trends in the recycled polyester tire cord fabric industry reveal a significant upswing, primarily driven by heightened global sustainability efforts. today's increasingly eco-conscious consumers perennially favor products made from recycled materialsa major contributing factor to the rousing demand for recycled polyester tire cord fabric. Technological advancements are another momentum-adding factor.

December 2024 : Advanced Materials Inc. launched a highly durable recycled polyester tire cord fabric in a pursuit to contribute to circular economy and sustainable development
October 2024 : Synthane Taylor revolutionized the market by introducing a unique UV resistant recycled polyester tire cord fabric to improve product lifespan
August 2024 : Innovation Industries secured a patent for its advanced manufacturing techniques, bringing a breakthrough in the production efficiency of recycled polyester tire cord fabric.

Impact of Industry Transitions on the Recycled Polyester Tire Cord Fabric Market

As a core segment of the Textile industry, the Recycled Polyester Tire Cord Fabric market develops in line with broader industry shifts. Over recent years, transitions such as Shift to Sustainable Materials and Advent of Advanced Technologies have redefined priorities across the Textile sector, influencing how the Recycled Polyester Tire Cord Fabric market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Shift to Sustainable Materials

The tire cord fabric sector is undergoing a shift towards eco friendly materials with a rise in the popularity of recycled polyester tire cord fabric as a prime example of this change in trend. This transformation is primarily driven by an increased consciousness among consumers and strict governmental policies aimed at curbing pollution and promoting sustainability. The adoption of polyester helps significantly reduce water and energy usage while also minimizing greenhouse gas emissions. In line, with global efforts to combat climate change. This shift greatly benefits industries dedicated to sustainability by lowering their greenhouse gas emissions and making it easier to offer friendly products to customers. This industry transition is expected to add $115 million in the industry revenue between 2024 and 2030.
02

Advent of Advanced Technologies

Another significant industry transition is the increased incorporation of advanced technologies in the production of recycled polyester tire cord fabric. Modern manufacturing technologies have revolutionalized the tire cord fabric industry by introducing innovative production processes that are more efficient and cost-effective. Notably, the advent of nanotechnology has allowed for the production of recycled polyester tire cords that are lighter, stronger, and more durable, signifying a significant improvement in tire performance.

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