Reinforced Green Tire Cord Fabric Market Analysis By Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

Report Description

Global reinforced green tire cord fabric market was valued at USD125 Million in the year 2021, that is expected to further grow with a double digit CAGR of 12% during the forecast period, 2023-2027, due to rising demands for the passenger cars. Upsurge in the demand for green products, and growing concerns toward depleting environment further fuels the growth of the global reinforced green tire cord fabric market in the upcoming five years. Necessary steps taken by the governments and the authorities to ensure expanding on the uses of renewable sources of energy, lowering the energy consumption, enhancing the products for higher energy efficiency, coupled with production of green energy and thus green product that reduce growing toxins in the environment also aids the growth of the global reinforced green ire cord fabric market in the next five years.

Tire cords fabric reinforcement are used to maintain the shape of a tire. They are made primarily of polyester, nylon, aramid and rayon. These structures provide higher rigidity to the tires thus giving the vehicles better handling and stability. Reinforced green tire cord fabrics are made of recycled material like recycle PET, recycle nylon 66, recycle aramid, etc. Use of such material is with the purpose to reduce the consumption of plastics and polymers that may harm the environment and thus using recycled products decreasing the pollutants and thus aiding to the concept of green environment.

Surging Passenger Cars Demand Drive Market Growth

Growing demand for the passenger cars and commercial vehicles in the developing economies are actively driving the growth of the global reinforced green tire cord fabric market in the upcoming five years. Increasing population of the world and rising disposable income has inclined the population to spend lavishly over automotives. Ownership to personal vehicle and growing demands for the premium vehicles further aid the growth of the global reinforced green tire cord fabric market in the future five years. Growing demands for the electric vehicles like electric passenger cars also substantiate the growth of the global reinforced green tire cord fabric market in the forecast years through 2027.

In the year 2021, 72,924.35 thousand units of passenger cars were sold worldwide. Along with the sales of the new cars, refurbished cars are also driving the growth of the global reinforced green tire cord fabric market. The consumers buying the second hand premium vehicles and spending lavishly over the exclusive cars and vehicles and their replacement parts wherein opting for green products and choosing reinforced green tire cord fabrics for the vehicle further supports the growth of the global reinforced green tire cord fabric market in the next five years.

Click here to download the sample

Market Segmentation

The global reinforced green tire cord fabric market segmentation is based on material type, application, distribution channel, regional distribution, and competitive landscape. Based on material type, the market is further segmented into recycle PET, recycle nylon 66, recycle aramid, and others. By application, the market is fragmented into passenger car, light commercial vehicle, medium & heavy commercial vehicle, two wheeler, three wheeler, and others. Based on distribution channel, the market is differentiated between direct and indirect channels. The market analysis also studies the regional segmentation, divided among Asia-Pacific region, North American region, European & CIS region, South American region, and Middle East & African region.

Company Profile

Kordsa Teknik Tekstil AS, Indorama Ventures Ltd., SRF Ltd., Century Enka Ltd., Hyosung Industries Co. Limited, Hengli Group, Shinkong Synthetic Fibers Corporation, Kolon Industries Inc., Toray Industries Inc, Teijin Ltd., are enlisted in a partial list of major market players of the global reinforced green tire cord fabric market.

Attribute	Details
Base Year	2021
Historical Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, Volume in units, and CAGR for 2017-2021 and 2022-2027
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Material Type · Application · Distribution Channel
Regional scope	North America; Europe & CIS; Asia Pacific; South America; Middle East & Africa
Country scope	United States, Mexico, Canada, China, India, Japan, Australia, South Korea, Vietnam, Indonesia, Germany, France, United Kingdom, Italy, Russia, Brazil, Argentina, Colombia, Chile, South Africa, UAE, Saudi Arabia, Turkey.
Key companies profiled	Kordsa Teknik Tekstil AS, Indorama Ventures Ltd., SRF Ltd., Century Enka Ltd., Hyosung Industries Co. Limited, Hengli Group, Shinkong Synthetic Fibers Corporation, Kolon Industries Inc., Toray Industries Inc, Teijin Ltd.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global reinforced green tire cord fabric market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Reinforced Green Tire Cord Fabric Market, By Material Type:

Recycle PET
Recycle Nylon 66
Recycle Aramid
Others

Reinforced Green Tire Cord Fabric Market, By Application:

Passenger Car
Light Commercial Vehicle
Medium & Heavy Commercial Vehicle
Two Wheeler
Three Wheeler
Others

Reinforced Green Tire Cord Fabric Market, By Distribution Channel:

Direct
Indirect

Reinforced Green Tire Cord Fabric Market, By Region:

North America

United States
Mexico
Canada

Asia-Pacific

China
India
Japan
South Korea
Australia
Indonesia
Vietnam

Europe & CIS

France
Germany
United Kingdom
Italy
Russia

South America

Brazil
Argentina
Colombia
Chile

Middle East & Africa

South Africa
Saudi Arabia
UAE
Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global reinforced green tire cord fabric market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Reinforced Green Tire Cord Fabric Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Reinforced Green Tire Cord Fabric Market

5. Voice of Customer

5.1. Reasons for Using Reinforced Green Tire Cord Fabric Market

5.2. Factors to be considered for product selection

6. Global Reinforced Green Tire Cord Fabric Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Material Type (Recycle PET, Recycle Nylon 66, Recycle Aramid, Others)

6.2.2. By Application (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheeler, Three Wheeler, Others)

6.2.3. By Distribution Channel (Direct Vs Indirect)

6.2.4. By Company (2021)

6.2.5. By Region

6.3. Product Market Map

7. North America Reinforced Green Tire Cord Fabric Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Material Type

7.2.2. By Application

7.2.3. By Distribution Channel

7.2.4. By Country

7.3. Pricing Analysis

7.4. North America: Country Analysis

7.4.1. United States Reinforced Green Tire Cord Fabric Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Material Type

7.4.1.2.2. By Application

7.4.1.2.3. By Distribution Channel

7.4.2. Mexico Reinforced Green Tire Cord Fabric Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Material Type

7.4.2.2.2. By Application

7.4.2.2.3. By Distribution Channel

7.4.3. Canada Reinforced Green Tire Cord Fabric Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Material Type

7.4.3.2.2. By Application

7.4.3.2.3. By Distribution Channel

8. Europe Reinforced Green Tire Cord Fabric Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Material Type

8.2.2. By Application

8.2.3. By Distribution Channel

8.2.4. By Country

8.3. Pricing Analysis

8.4. Europe: Country Analysis

8.4.1. France Reinforced Green Tire Cord Fabric Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Material Type

8.4.1.2.2. By Application

8.4.1.2.3. By Distribution Channel

8.4.2. Germany Reinforced Green Tire Cord Fabric Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Material Type

8.4.2.2.2. By Application

8.4.2.2.3. By Distribution Channel

8.4.3. United Kingdom Reinforced Green Tire Cord Fabric Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Material Type

8.4.3.2.2. By Application

8.4.3.2.3. By Distribution Channel

8.4.4. Italy Reinforced Green Tire Cord Fabric Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Material Type

8.4.4.2.2. By Application

8.4.4.2.3. By Distribution Channel

8.4.5. Russia Reinforced Green Tire Cord Fabric Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Material Type

8.4.5.2.2. By Application

8.4.5.2.3. By Distribution Channel

9. Asia-Pacific Reinforced Green Tire Cord Fabric Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Material Type

9.2.2. By Application

9.2.3. By Distribution Channel

9.2.4. By Country

9.3. Pricing Analysis

9.4. Asia-Pacific: Country Analysis

9.4.1. China Reinforced Green Tire Cord Fabric Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Material Type

9.4.1.2.2. By Application

9.4.1.2.3. By Distribution Channel

9.4.2. India Reinforced Green Tire Cord Fabric Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Material Type

9.4.2.2.2. By Application

9.4.2.2.3. By Distribution Channel

9.4.3. South Korea Reinforced Green Tire Cord Fabric Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Material Type

9.4.3.2.2. By Application

9.4.3.2.3. By Distribution Channel

9.4.4. Japan Reinforced Green Tire Cord Fabric Market Outlook

9.4.4.1. Market Size & Forecast

9.4.4.1.1. By Value & Volume

9.4.4.2. Market Share & Forecast

9.4.4.2.1. By Material Type

9.4.4.2.2. By Application

9.4.4.2.3. By Distribution Channel

9.4.5. Australia Reinforced Green Tire Cord Fabric Market Outlook

9.4.5.1. Market Size & Forecast

9.4.5.1.1. By Value & Volume

9.4.5.2. Market Share & Forecast

9.4.5.2.1. By Material Type

9.4.5.2.2. By Application

9.4.5.2.3. By Distribution Channel

9.4.6. Indonesia Reinforced Green Tire Cord Fabric Market Outlook

9.4.6.1. Market Size & Forecast

9.4.6.1.1. By Value & Volume

9.4.6.2. Market Share & Forecast

9.4.6.2.1. By Material Type

9.4.6.2.2. By Application

9.4.6.2.3. By Distribution Channel

9.4.6.3. Pricing Analysis

9.4.7. Vietnam Reinforced Green Tire Cord Fabric Market Outlook

9.4.7.1. Market Size & Forecast

9.4.7.1.1. By Value & Volume

9.4.7.2. Market Share & Forecast

9.4.7.2.1. By Material Type

9.4.7.2.2. By Application

9.4.7.2.3. By Distribution Channel

10. South America Reinforced Green Tire Cord Fabric Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Material Type

10.2.2. By Application

10.2.3. By Distribution Channel

10.2.4. By Country

10.3. Pricing Analysis

10.4. South America: Country Analysis

10.4.1. Brazil Reinforced Green Tire Cord Fabric Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Material Type

10.4.1.2.2. By Application

10.4.1.2.3. By Distribution Channel

10.4.2. Argentina Reinforced Green Tire Cord Fabric Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Material Type

10.4.2.2.2. By Application

10.4.2.2.3. By Distribution Channel

10.4.3. Colombia Reinforced Green Tire Cord Fabric Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Material Type

10.4.3.2.2. By Application

10.4.3.2.3. By Distribution Channel

10.4.4. Chile Reinforced Green Tire Cord Fabric Market Outlook

10.4.4.1. Market Size & Forecast

10.4.4.1.1. By Value & Volume

10.4.4.2. Market Share & Forecast

10.4.4.2.1. By Material Type

10.4.4.2.2. By Application

10.4.4.2.3. By Distribution Channel

11. Middle East and Africa Reinforced Green Tire Cord Fabric Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Material Type

11.2.2. By Application

11.2.3. By Distribution Channel

11.2.4. By Country

11.3. Pricing Analysis

11.4. MEA: Country Analysis

11.4.1. South Africa Reinforced Green Tire Cord Fabric Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value & Volume

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Material Type

11.4.1.2.2. By Application

11.4.1.2.3. By Distribution Channel

11.4.2. Saudi Arabia Reinforced Green Tire Cord Fabric Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value & Volume

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Material Type

11.4.2.2.2. By Application

11.4.2.2.3. By Distribution Channel

11.4.3. UAE Reinforced Green Tire Cord Fabric Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value & Volume

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Material Type

11.4.3.2.2. By Application

11.4.3.2.3. By Distribution Channel

11.4.4. Turkey Reinforced Green Tire Cord Fabric Market Outlook

11.4.4.1. Market Size & Forecast

11.4.4.1.1. By Value & Volume

11.4.4.2. Market Share & Forecast

11.4.4.2.1. By Material Type

11.4.4.2.2. By Application

11.4.4.2.3. By Distribution Channel

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Business Overview

14.2. Company Snapshot

14.3. Products & Services

14.4. Financials (In case of listed companies)

14.5. Recent Developments

14.5.1. Kordsa Teknik Tekstil AS

14.5.2. Indorama Ventures Ltd

14.5.3. SRF Ltd

14.5.4. Century Enka Ltd

14.5.5. Hyosung Industries Co. Limited

14.5.6. Hengli Group

14.5.7. Shinkong Synthetic Fibers Corporation

14.5.8. Kolon Industries Inc.

14.5.9. Toray Industries Inc

14.5.10. Teijin Ltd

15. Strategic Recommendations

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

What major factors drive Global Reinforced Green Tire Cord Fabric Market growth?

Global reinforced green tire cord fabric market may grow with impressive CAGR during the forecast period, 2023-2027, on account of higher demands of electric vehicles and growing penetration of the electric vehicles in automotive industry all over the world.

What segment may lead the Global Reinforces Green Tire Cord Fabric Market analysis based on application?

Based on application, the market is bifurcated into passenger car, light commercial vehicle, medium & heavy commercial vehicle, two wheeler, three wheeler, and others. Passenger cars are anticipated to hold the largest revenue shares of the market and dominate the application based segmentation, growing on the backbone of higher sales and demands of the passenger cars all over the world.

Which companies dominate the Global Reinforced Green Tire Cord Fabric Market?

Kordsa Teknik Tekstil AS, Indorama Ventures Ltd., SRF Ltd., Century Enka Ltd., Hyosung Industries Co. Limited, Hengli Group, Shinkong Synthetic Fibers Corporation, Kolon Industries Inc., Toray Industries Inc, Teijin Ltd, among others are some of the leading companies dedicated toward providing related products and services of reinforced green tire cord fabric and support the future growth of the global reinforced green tire cord fabric market in the upcoming five years.

What strategic recommendations may the new market players follow in future?

New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.