市場調查報告書
商品編碼
1491748
輪胎簾布和輪胎布料市場規模、佔有率、成長分析(按材料、按車輛類型、按輪胎類型、按應用)- 產業預測,2024-2031 年Tire Cord and Tire Fabrics Market Size, Share, Growth Analysis, By Material(Steel, Polyester), By Vehicle Type(Passenger Carsx, Commercial Vehicles), By Tire Type(Radial, Bias), By Application(OEM, Replacement) - Industry Forecast 2024-2031 |
2022年全球輪胎簾布和輪胎布料市場規模預計為48.9億美元,預測期內(2024-2031年)複合年成長率為5.12%,從2023年到2031年的51.5億美元。 76.8 億美元。
在汽車和航空等不同行業對輪胎的需求不斷成長的推動下,全球輪胎簾布和輪胎布料市場正在穩步成長。推動這一成長的關鍵因素包括汽車產量的增加、運輸業的擴張以及對輪胎性能和安全性的日益重視。製造商正在積極投資先進材料和技術,以提高輪胎的耐用性和燃油效率。在新興國家汽車工業擴張的推動下,亞太地區引領市場。然而,對永續性的擔憂正在推動該行業轉向環保材料。總之,在技術創新和永續性的推動下,輪胎簾布和輪胎布料市場預計將持續擴張。
Global Tire Cord and Tire Fabrics Market size was valued at USD 4.89 Billion in 2022 and is poised to grow from USD 5.15 Billion in 2023 to USD 7.68 Billion by 2031, at a CAGR of 5.12% during the forecast period (2024-2031).
The tire cord and fabric market is steadily growing worldwide, fueled by rising demand for tires across diverse sectors like automotive and aviation. Key factors driving this growth include increased vehicle production, expansion of the transportation industry, and a growing emphasis on tire performance and safety. Manufacturers are actively investing in advanced materials and technologies to improve tire durability and fuel efficiency. The Asia-Pacific region leads the market, propelled by automotive expansion in emerging economies. Nevertheless, sustainability concerns are pushing the industry towards eco-friendly materials. In summary, the tire cord and fabric market is set for ongoing expansion, driven by innovation and sustainability efforts.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Tire Cord and Tire Fabrics Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Tire Cord and Tire Fabrics Market Segmental Analysis
The tire cord and tire fabrics market is segmented based on material, tire type, vehicle type, application, and region. In terms of material, it includes steel, polyester, nylon, rayon, and others. Vehicle type encompass passenger cars, commercial vehicles, and others. Based on tire type, the market is segmented into radial and bias. Based on application, the market is segmented into OEM and replacement. Regionally, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Drivers of the Global Tire Cord and Tire Fabrics Market
The demand for tire cord and fabric is intricately linked to the expansion of the automotive sector. With the global population on the rise, along with increasing urbanization and disposable income, there's a projected growth in the demand for vehicles, encompassing both passenger cars and commercial vehicles. This surge in automotive production directly fuels the need for tire cord and fabric.
Restraints in the Global Tire Cord and Tire Fabrics Market
The tire wire and fabric industry relies heavily on raw materials such as synthetic fibers (e.g., polyester, nylon) and steel wire. Variations in the prices of these raw materials can have a significant impact on production costs and profitability for manufacturers of tire wire and fabric.
Market Trends of the Global Tire Cord and Tire Fabrics Market
The tire twine and tire fabrics market witnessed a notable surge in demand for high-performance tires, largely fueled by factors like the uptick in sports and luxury car production and consumer preferences for tires offering superior fuel efficiency, extended tread life, and enhanced handling. In response to this growing demand, tire manufacturers have been progressively integrating advanced materials such as aramid fibers and steel cords to augment tire performance.