The Global Polyester Tire Cord for Automobile Market was valued at USD 1,628.20 million in 2023 and is projected to reach USD 1,909.14 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.30% during the forecast period (2023-2030). This steady growth is fueled by increasing vehicle production worldwide and the automotive industry’s shift toward high-performance, fuel-efficient tires requiring advanced reinforcement materials.

As tire manufacturers seek to balance performance, durability, and sustainability, polyester tire cord has emerged as a critical component in modern radial tire construction. In this analysis, we examine the Top 10 Companies leading the polyester tire cord industry – a mix of synthetic fiber specialists, chemical conglomerates, and material science innovators shaping the future of tire reinforcement.

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🔟 1. Indorama Ventures

Headquarters: Bangkok, Thailand
Key Offering: High Modulus Low Shrinkage (HMLS) Polyester Tire Cord

Indorama Ventures is the world’s largest producer of PET and a leading manufacturer of polyester tire cord fabrics. Their tire reinforcement materials are used by major tire brands globally, with advanced products offering superior dimensional stability and fatigue resistance.

Innovation Focus:

• Developing eco-friendly recycled polyester tire cord solutions

• Advanced HMLS polyester for ultra-high-performance tires

• Global production capacity expansion in strategic markets

Download FREE Sample Report: Polyester Tire Cord for Automobile Market – View in Detailed Research Report

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9️⃣ 2. Hyosung Advanced Materials

Headquarters: Seoul, South Korea
Key Offering: Polyester & Nylon Tire Cord Fabrics

Hyosung is a global leader in advanced materials, supplying high-performance polyester tire cord to tire manufacturers worldwide. Their T830 HMLS polyester cord sets industry benchmarks for strength-to-weight ratio and heat resistance.

Innovation Focus:

• Patented eco-friendly tire cord manufacturing processes

• Specialty cords for electric vehicle tires

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8️⃣ 3. Kordsa Global

Headquarters: Istanbul, Turkey
Key Offering: Tire Cord & Fabric Solutions

Part of the Sabanci Holding, Kordsa is a technology leader in tire reinforcement materials with 18 production facilities across 10 countries. Their polyester tire cords are renowned for excellent adhesion properties and durability.

Innovation Focus:

• Smart tire cord technologies with embedded sensors

• Circular economy initiatives for sustainable tire cord

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7️⃣ 4. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: Aramid & Polyester Hybrid Tire Cord

Teijin combines its expertise in synthetic fibers to produce innovative tire reinforcement solutions. Their hybrid cords combine polyester’s flexibility with aramid’s strength for premium tire applications.

Innovation Focus:

• Ultra-lightweight reinforcement materials

• Bio-based polyester tire cord development

Download FREE Sample Report: Polyester Tire Cord for Automobile Market – View in Detailed Research Report

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6️⃣ 5. Kolon Industries

Headquarters: Seoul, South Korea
Key Offering: High-Tenacity Polyester Tire Cord

Kolon Industries manufactures premium polyester tire cords with exceptional tensile strength and dimensional stability. Their products are widely used in passenger and commercial vehicle tires across Asia and North America.

Innovation Focus:

• Energy-efficient production processes

• Custom-engineered cord solutions

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5️⃣ 6. SRF Limited

Headquarters: Gurugram, India
Key Offering: Specialty Polyester Yarns for Tires

SRF Limited is a leading Indian manufacturer of technical textiles, including high-performing polyester tire cords catering to both domestic and international markets. Their products meet stringent global quality standards.

Innovation Focus:

• Cost-effective reinforcement solutions

• Expanding capacity to meet growing Asian demand

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4️⃣ 7. Sinopec Yizheng Chemical Fiber

Headquarters: Yizheng, China
Key Offering: Industrial Polyester Yarn for Tires

As China’s largest polyester producer, Sinopec Yizheng dominates the domestic tire cord market while expanding globally. Their vertically integrated production ensures consistent quality and competitive pricing.

Innovation Focus:

• Localized production for Chinese auto industry

• Developing hybrid reinforcement materials

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3️⃣ 8. Performance Fibers

Headquarters: Charlotte, North Carolina, USA
Key Offering: High-Performance Tire Cord

Performance Fibers specializes in technical polyester fibers for demanding automotive applications. Their tire cords offer exceptional durability under extreme conditions.

Innovation Focus:

• Advanced spinning technologies

• Custom formulations for specific tire types

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2️⃣ 9. Century Enka

Headquarters: Pune, India
Key Offering: Nylon & Polyester Tire Cord

Century Enka manufactures high-quality polyester tire cords for India’s growing automotive sector, with increasing exports to global markets. Their products balance performance with cost efficiency.

Innovation Focus:

• Optimizing production for aftermarket tires

• Enhanced nylon-polyester hybrid cords

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1️⃣ 10. Zhejiang Unifull Industrial Fiber

Headquarters: Hangzhou, China
Key Offering: Industrial Polyester Yarn & Tire Cord

Zhejiang Unifull has rapidly grown to become a major supplier of polyester tire cord in China, serving both domestic tire makers and international clients with cost-competitive solutions.

Innovation Focus:

• Automated production for consistent quality

• Expanding product range for specialty tires

Get Full Report Here: Polyester Tire Cord for Automobile Market – View in Detailed Research Report

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🔍 Market Outlook: The Future of Tire Reinforcement Materials

The polyester tire cord market is evolving with automotive industry trends, particularly the shift toward electric vehicles and sustainability. Manufacturers are investing in advanced materials that reduce tire weight without compromising performance or durability.

📈 Key Market Trends:

• Development of bio-based and recycled polyester tire cords

• Increased demand for high-modulus cords in EV tires

• Strategic partnerships between cord producers and tire manufacturers

• Technological advancements in cord adhesion and heat resistance

Get Full Report Here: Polyester Tire Cord for Automobile Market – View in Detailed Research Report

The companies profiled above are not just supplying materials – they’re enabling the next generation of safer, more efficient tires for global mobility.