Top 10 Companies in the Commercial Vehicle Tire Cords Market (2025): Market Leaders Reinforcing Global Transportation

In Business Insights
September 25, 2025


The Global Commercial Vehicle Tire Cords Market was valued at USD 2.85 Billion in 2022 and is projected to reach USD 4.12 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2023–2029). This growth is being driven by the expanding commercial vehicle sector, increasing demand for durable and high-performance tires in logistics and freight transportation, and the rising adoption of advanced polymer and steel cord materials to enhance tire longevity and fuel efficiency across trucks, buses, and heavy-duty vehicles.

The USA market for the Global Commercial Vehicle Tire Cords market is estimated to increase from USD 750 Million in 2022 to reach USD 1.1 Billion by 2030, at a CAGR of 5% during the forecast period of 2023 through 2030.

The China market for the Global Commercial Vehicle Tire Cords market is estimated to increase from USD 850 Million in 2022 to reach USD 1.4 Billion by 2030, at a CAGR of 6.5% during the forecast period of 2023 through 2030.

The Europe market for the Global Commercial Vehicle Tire Cords market is estimated to increase from USD 650 Million in 2022 to reach USD 950 Million by 2030, at a CAGR of 4.8% during the forecast period of 2023 through 2030.

As the transportation industry evolves toward safer, more efficient, and environmentally friendly operations, the focus turns to the essential suppliers of tire cords that provide the structural backbone for commercial vehicle tires. These materials, primarily steel and polymer cords, ensure tire strength, stability, and resistance to heavy loads. In this blog, we profile the Top 10 Companies in the Commercial Vehicle Tire Cords Industry—a blend of global manufacturers, innovators in material science, and specialists in radial and bias tire applications who are pivotal in supporting the backbone of worldwide logistics and mobility.


🔟 1. Kordsa Global

Headquarters: Istanbul, Turkey
Key Offering: Steel tire cords, nylon and polyester cords for radial tires

Kordsa Global stands as a prominent leader in tire cord production, supplying high-strength steel and polymer cords to major tire manufacturers worldwide. The company focuses on commercial vehicle applications, providing materials that enhance tire durability for long-haul trucking and fleet operations. With advanced manufacturing facilities across multiple continents, Kordsa supports the growing needs of the logistics sector by delivering cords that improve load-bearing capacity and reduce rolling resistance, thereby contributing to better fuel economy in heavy-duty vehicles.

Because of its commitment to research and development, Kordsa has invested heavily in hybrid cord technologies that combine steel and polymer for superior performance. Furthermore, the company collaborates closely with tire giants to customize solutions for specific commercial vehicle types, such as dump trucks and delivery vans. This approach not only meets current market demands but also anticipates future requirements in sustainable transportation.

Innovation Initiatives:

  • Development of eco-friendly polymer cords with recycled content
  • Partnerships with tire OEMs for next-generation radial tire designs
  • Investment in smart cord technologies for real-time tire monitoring

Download FREE Sample Report: Commercial Vehicle Tire Cords Market – View in Detailed Research Report


9️⃣ 2. Hyosung Corporation

Headquarters: Seoul, South Korea
Key Offering: Nylon 6.6 tire cords, polyester cords for bias and radial tires

Hyosung Corporation is a key player in the synthetic fiber market, particularly renowned for its tire cord solutions tailored for commercial vehicles. Operating extensive production lines in Asia and beyond, Hyosung supplies high-tenacity nylon and polyester cords that are essential for tires used in buses and trucks. The company’s cords are engineered to withstand extreme conditions, including high speeds on highways and heavy payloads in construction sites, ensuring safety and reliability for fleet operators.

However, what sets Hyosung apart is its emphasis on lightweight materials that help reduce vehicle weight without compromising strength. This innovation is crucial as commercial fleets seek ways to lower emissions and operational costs. Additionally, Hyosung’s global supply chain allows it to serve diverse markets, from North American logistics hubs to European long-distance transport networks, fostering consistent quality and availability.

Innovation Initiatives:

  • Advancements in high-modulus nylon cords for enhanced tire grip
  • Collaborations with automotive firms to integrate cords with EV tires
  • Sustainable production processes reducing energy use by 20%

8️⃣ 3. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: Steel cord reinforcements for radial truck tires

Bekaert has established itself as a global specialist in steel cord technology, providing reinforcement materials that form the core of commercial vehicle tires. From its European base, the company exports to tire producers in over 100 countries, focusing on radial tire constructions that dominate the heavy-duty segment. Bekaert’s steel cords are known for their exceptional fatigue resistance, making them ideal for the rigorous demands of international shipping and mining operations.

Moreover, Bekaert is proactive in addressing industry challenges like tire wear and tear through proprietary brass-coating techniques that improve adhesion between cords and rubber compounds. This results in longer tire life cycles, which is a significant cost-saver for commercial operators. As supply chain disruptions continue to influence the sector, Bekaert’s diversified manufacturing footprint ensures steady supply to key automotive regions.

Innovation Initiatives:

  • High-carbon steel cords for ultra-high-load commercial applications
  • Research into bio-based coatings for environmentally friendlier tires
  • Expansion of production capacity in emerging markets

7️⃣ 4. Bridgestone Corporation

Headquarters: Tokyo, Japan
Key Offering: Integrated tire cord solutions, steel and textile cords

Bridgestone, a titan in the tire manufacturing world, also excels in tire cord production, offering comprehensive solutions for commercial vehicle tires. The company’s cords are integral to its own tire lineup as well as those supplied to other OEMs, emphasizing radial designs for trucks and trailers. Bridgestone’s expertise lies in balancing cord strength with flexibility, which is vital for maintaining vehicle stability under varying loads and terrains.

Furthermore, as the push for electric and hybrid commercial vehicles grows, Bridgestone is adapting its cord technologies to handle the unique torque and weight distribution of these fleets. This forward-thinking strategy positions the company well in a transitioning market. With a strong presence in Asia-Pacific and the Americas, Bridgestone continues to drive innovations that support global trade efficiency.

Innovation Initiatives:

  • Development of low-rolling-resistance cords for fuel-efficient tires
  • Integration of sensor-embedded cords for predictive maintenance
  • Global R&D centers focusing on sustainable material alternatives

Download FREE Sample Report: Commercial Vehicle Tire Cords Market – View in Detailed Research Report


6️⃣ 5. Shougang Century Holdings

Headquarters: Beijing, China
Key Offering: Steel tire cords for heavy-duty radial tires

Shougang Century Holdings is a major force in China’s tire cord industry, specializing in steel cords that reinforce tires for commercial vehicles like semi-trailers and construction equipment. Leveraging China’s vast manufacturing ecosystem, the company produces high-volume, cost-effective cords that meet international standards, serving both domestic and export markets. Its products are particularly valued for their robustness in harsh environments, such as off-road hauling and extreme weather conditions.

Because of rapid urbanization and e-commerce growth in Asia, Shougang has scaled its operations to meet surging demand. The company also invests in quality control systems to ensure consistency, which is critical for preventing tire failures in high-stakes logistics. This reliability has earned it partnerships with leading Chinese and international truck manufacturers, solidifying its market position.

Innovation Initiatives:

  • Enhanced cord twisting techniques for better tire uniformity
  • Exploration of alloy steels for lighter yet stronger reinforcements
  • Certifications for eco-compliant production methods

5️⃣ 6. Tokusen U.S.A. Inc.

Headquarters: Franklin, Indiana, USA (subsidiary of Tokusen K.K., Japan)
Key Offering: Brass-plated steel cords for truck and bus tires

Tokusen brings Japanese precision engineering to the North American market through its U.S. operations, producing steel cords optimized for commercial vehicle tires. The company’s cords feature advanced plating that enhances bonding with rubber, reducing delamination risks in radial tires used for long-distance freight. Tokusen’s focus on customization allows it to cater to specific vehicle requirements, from regional delivery to cross-country transport.

However, in an era of supply chain volatility, Tokusen’s localized production helps mitigate risks for U.S.-based tire makers. Additionally, the company is exploring hybrid materials to support the shift toward greener fleets, aligning with regulatory pressures for lower emissions. Its technical support services further aid clients in optimizing tire designs for performance and safety.

Innovation Initiatives:

  • Patented ultra-fine steel filaments for flexible cord structures
  • Collaborative projects on recyclable cord components
  • Expansion into polymer-steel hybrid technologies

4️⃣ 7. Sumitomo Electric Industries

Headquarters: Osaka, Japan
Key Offering: High-strength steel cords and polymer reinforcements

Sumitomo Electric Industries combines its expertise in electronics and materials to produce advanced tire cords for commercial vehicles. Known for innovative steel cord constructions, the company supplies materials that improve tire sidewall strength and overall vehicle handling. Its products are widely used in Japanese and global truck tire manufacturing, where precision and durability are paramount.

Furthermore, Sumitomo is at the forefront of integrating cord technologies with smart tire systems, enabling data on wear and pressure. This is particularly beneficial for fleet management in commercial sectors. With a commitment to sustainability, the company is developing cords from low-impact steels, responding to the industry’s need for reduced carbon footprints in transportation.

Innovation Initiatives:

  • Development of conductive cords for electric vehicle tire integration
  • Research on nano-enhanced polymers for superior adhesion
  • Global sustainability goals targeting zero-waste production

3️⃣ 8. Jiangsu Xingda Steel Cord Co., Ltd.

Headquarters: Jiangyin, China
Key Offering: Steel cords for bias and radial commercial tires

Jiangsu Xingda Steel Cord is a rising star in the Asian market, specializing in cost-competitive steel cords for heavy commercial vehicles. The company has rapidly expanded its capacity to serve the booming demand from China’s logistics industry and beyond, producing cords that offer excellent tensile strength for high-load applications like mining trucks and intermodal containers.

Because of its vertical integration, from steel wire to finished cords, Jiangsu Xingda maintains tight control over quality and pricing. This efficiency allows it to compete globally while investing in automation to boost production yields. As e-commerce drives more freight movement, the company’s scalable solutions help tire makers keep pace with market growth.

Innovation Initiatives:

  • High-speed drawing processes for finer, stronger filaments
  • Adoption of green steel production to lower emissions
  • Strategic alliances with tire exporters for market penetration

2️⃣ 9. Kiswire Ltd.

Headquarters: Seoul, South Korea
Key Offering: Steel tire cords, hybrid polymer cords

Kiswire Ltd. excels in delivering versatile tire cord solutions, with a strong emphasis on steel variants for radial tires in commercial vehicles. Serving major tire producers in Asia and Europe, Kiswire’s cords are engineered for superior heat resistance and longevity, crucial for vehicles operating in demanding conditions like refrigerated transport and off-highway use.

Moreover, Kiswire’s dedication to R&D has led to breakthroughs in cord layering that enhance tire retreadability, extending the useful life of commercial tires. This not only reduces costs for operators but also supports sustainability goals by minimizing waste. The company’s international footprint ensures reliable delivery amid global trade fluctuations.

Innovation Initiatives:

  • Multi-filament cords for improved shock absorption
  • Partnerships for developing low-noise tire constructions
  • Commitment to ISO-certified sustainable manufacturing

1️⃣ 10. Shandong SNTON Steel Cord Co., Ltd.

Headquarters: Shandong, China
Key Offering: Premium steel cords for global commercial tire markets

Shandong SNTON Steel Cord Co., Ltd. leads the pack with its dominant share in high-quality steel cord production for commercial vehicles. Based in one of China’s industrial powerhouses, SNTON supplies cords that are the gold standard for radial truck tires, offering unmatched strength-to-weight ratios. The company’s products support everything from urban delivery fleets to international cargo haulers, ensuring they perform under intense pressure.

Furthermore, SNTON’s focus on technological upgrades, including automated twisting and plating lines, has propelled its efficiency and product reliability. As the commercial vehicle market expands in developing regions, SNTON’s competitive pricing and quality certifications make it a preferred partner for tire manufacturers worldwide. Its growth trajectory reflects the broader trend of consolidation in the tire cord sector.

Innovation Initiatives:

  • Advanced fatigue-testing for superior cord endurance
  • Investment in carbon-neutral steel sourcing
  • Expansion of R&D for next-gen hybrid cords

Read Full Report: Commercial Vehicle Tire Cords Market – View in Detailed Research Report


🌍 Outlook: The Future of Commercial Vehicle Tire Cords Is Stronger and Greener

The commercial vehicle tire cords market is experiencing significant evolution. While steel cords remain the cornerstone for reinforcement, the industry is channeling substantial resources into polymer alternatives and composites, advanced manufacturing, and supply chain resilience to meet the demands of a burgeoning global logistics network.

This shift is influenced by several factors. For one, the rise of electric commercial vehicles requires cords that handle higher torques and battery weights, prompting innovations in material science. Additionally, regulatory mandates in regions like Europe and North America for lower emissions are pushing cord producers toward sustainable, recyclable options. However, challenges such as raw material price volatility and geopolitical tensions continue to test the sector’s adaptability.

Looking ahead, the integration of digital technologies, like embedded sensors in cords for tire health monitoring, will transform fleet management. Moreover, as Asia-Pacific drives much of the growth with its infrastructure boom, companies are expanding capacities there to capture market share. Overall, the market’s trajectory points to a more integrated, eco-conscious ecosystem that supports efficient and safe transportation worldwide.

📈 Key Trends Shaping the Market:

  • Rapid adoption of radial tire cords in emerging economies
  • Regulatory incentives for sustainable cord materials by 2030
  • Digital enhancements in cord production and tire performance tracking
  • Strategic mergers between cord suppliers and tire manufacturers

Read Full Report: Commercial Vehicle Tire Cords Market – View in Detailed Research Report

The companies listed above are not only reinforcing commercial vehicle tires—they’re pioneering the durable and sustainable future of global transportation.

Download FREE Sample Report: Commercial Vehicle Tire Cords Market – View in Detailed Research Report