The Global Passenger Cars Tire Cords and Fabrics Market was valued at USD 1.54 Billion in 2024 and is projected to reach USD 2.11 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This steady growth is driven by expanding automotive production, rising demand for high-performance and fuel-efficient tires, and the accelerated adoption of sustainable and lightweight reinforcement materials across global passenger vehicle segments.

As the automotive industry accelerates toward enhanced safety, durability, and sustainability, attention shifts to the leading material suppliers pioneering advanced tire cord technologies, fiber innovations, and eco-friendly production processes. In this analysis, we profile the Top 10 Companies in the Passenger Cars Tire Cords and Fabrics Industry—a diverse mix of chemical fiber giants, integrated manufacturers, and technology innovators defining the future of tire reinforcement.

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🔟 1. Hyosung Corporation

Headquarters: Seoul, South Korea
Key Offering: Steel Cords, Nylon Cords, Polyester Cords, Aramid Fibers

Hyosung stands as a global leader in high-performance tire reinforcement materials, manufacturing a comprehensive portfolio of steel, nylon, and polyester cords for passenger vehicle tires. Their advanced cord technologies enhance tire strength, durability, and rolling resistance performance for global tire manufacturers.

Innovation Focus:

• Advanced high-tenacity polyester development

• Global production facilities across Asia, Europe, and Americas

• Pioneering eco-friendly tire cord solutions

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9️⃣ 2. Kordsa Global

Headquarters: Istanbul, Turkey
Key Offering: Nylon Tire Cord Fabrics, Polyester Tire Cord Fabrics, Steel Cord Fabrics

Kordsa Global operates as a subsidiary of Sabancı Holding and has established itself as a technology leader in tire reinforcement. The company serves major global tire manufacturers with advanced cord fabrics that improve tire performance and longevity.

Innovation Focus:

• Advanced dip technologies for enhanced cord-rubber adhesion

• Sustainability-focused R&D in recyclable materials

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8️⃣ 3. Kolon Industries

Headquarters: Gwacheon, South Korea
Key Offering: Steel Tire Cord, High-Modulus Low-Shrinkage Polyester

Kolon Industries has strengthened its position through continuous investment in high-performance materials. Their tire cord division specializes in advanced polyester and nylon cords that meet stringent automotive industry standards.

Innovation Focus:

• Development of ultra-high tenacity fibers

• Strategic partnerships with global tire manufacturers

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7️⃣ 4. SRF Limited

Headquarters: Gurugram, India
Key Offering: Nylon Tire Cord Fabric, Polyester Tire Cord Fabric

SRF Limited has emerged as a significant player in the technical textiles business, with tire cord fabrics representing a core segment. The company supplies both domestic and international tire markets with high-quality reinforcement materials.

Innovation Focus:

• Continuous process improvement in cord manufacturing

• Expanding global market presence through strategic initiatives

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6️⃣ 5. Performance Fibers

Headquarters: Richmond, Virginia, USA
Key Offering: High-Tenacity Polyester, Nylon 6 and Nylon 6,6 Cords

Performance Fibers focuses on manufacturing high-quality industrial yarns and cords for tire reinforcement applications. The company maintains strong relationships with North American and European tire manufacturers.

Innovation Focus:

• Specialization in high-modulus low-shrinkage polyester

• Advanced polymerization and spinning technologies

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Passenger Cars Tire Cords and Fabrics Market – View in Detailed Research Report

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5️⃣ 6. Firestone Fibers & Textiles Company

Headquarters: Gastonia, North Carolina, USA
Key Offering: Nylon Tire Cord, Polyester Tire Cord

Firestone Fibers & Textiles maintains a strong heritage in tire cord manufacturing, producing high-quality nylon and polyester cords that meet rigorous automotive industry specifications for performance and reliability.

Innovation Focus:

• Long-standing relationships with global tire brands

• Focus on product consistency and quality control

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4️⃣ 7. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: Aramid Fibers, Polyester Tire Cords

Teijin leverages its advanced materials expertise to develop innovative tire cord solutions. The company’s aramid fibers provide exceptional strength-to-weight ratios for high-performance tire applications.

Innovation Focus:

• High-performance fiber technologies including Twaron® aramid

• Development of sustainable and recyclable reinforcement materials

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3️⃣ 8. Milliken & Company

Headquarters: Spartanburg, South Carolina, USA
Key Offering: Polyester Tire Cord Fabrics, Advanced Coating Technologies

Milliken & Company brings innovative chemical and material science expertise to tire reinforcement. Their specialty includes advanced coating technologies that enhance cord-to-rubber adhesion and tire performance characteristics.

Innovation Focus:

• Proprietary coating formulations for enhanced performance

• Sustainability initiatives in water and energy reduction

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2️⃣ 9. Far Eastern Group

Headquarters: Taipei, Taiwan
Key Offering: Nylon Tire Cord, Polyester Tire Cord, Steel Tire Cord

Far Eastern Group operates through its subsidiary, Far Eastern New Century, which has established a comprehensive tire cord manufacturing capability serving global automotive markets.

Innovation Focus:

• Vertical integration from raw materials to finished cord products

• Strong presence in Asian and emerging automotive markets

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1️⃣ 10. Century Enka Limited

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

Century Enka, part of the BK Birla Group, specializes in manufacturing nylon tire cord fabrics and other industrial yarns. The company serves both domestic Indian and export markets with quality reinforcement materials.

Innovation Focus:

• Focus on high-tenacity nylon yarn production

• Investment in modernization and capacity expansion projects

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Passenger Cars Tire Cords and Fabrics Market – View in Detailed Research Report

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🌍 Outlook: The Future of Tire Reinforcement is Smarter and More Sustainable

The passenger cars tire cords and fabrics market is experiencing significant transformation as automotive manufacturers demand higher performance, improved fuel efficiency, and reduced environmental impact from tire components.

📈 Key Trends Shaping the Market:

• Increasing adoption of lightweight high-tenacity polyester cords

• Growing demand for eco-friendly and recyclable reinforcement materials

• Digitalization of manufacturing processes and quality control systems

• Tire manufacturer-cord supplier collaborations for next-generation solutions

Get Full Report Here:
Passenger Cars Tire Cords and Fabrics Market – View in Detailed Research Report

The companies profiled above are not only reinforcing modern automotive tires—they’re pioneering the technological evolution of global mobility infrastructure.

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Passenger Cars Tire Cords and Fabrics Market – View in Detailed Research Report