The Global Polyester Tire Fabric Market Size was estimated at USD 2203.49 million in 2023 and is projected to reach USD 2646.45 million by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 3.10% during the forecast period. This steady growth is fueled by expanding automotive production, increased demand for high-performance tires, and a global push toward more durable and fuel-efficient vehicles.
As the automotive industry accelerates toward smarter and more sustainable mobility solutions, the focus intensifies on the materials that ensure vehicle safety and performance. Polyester tire fabric, a crucial reinforcing component, is at the heart of this evolution. In this blog, we profile the Top 10 Companies in the Polyester Tire Fabric Industry—a group of global manufacturers and innovators strengthening the very fabric of modern tires.
🔟 1. Hyosung
Headquarters: Seoul, South Korea
Key Offering: High-Tenacity Polyester Yarn, Tire Cord Fabric
Hyosung is a global leader in advanced materials, particularly renowned for its high-tenacity polyester yarn used in tire cord fabrics. The company’s TANCEL® brand is widely recognized for its superior strength, durability, and adhesion properties, making it a preferred choice for tire manufacturers worldwide.
Innovation Initiatives:
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Development of eco-friendly recycled polyester tire yarns
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Continuous R&D in high-modulus, low-shrinkage (HMLS) polyester
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Strategic expansions in key automotive markets across Asia and the Americas
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Global Polyester Tire Fabric Market – View in Detailed Research Report
9️⃣ 2. Kordsa Global
Headquarters: Istanbul, Turkey
Key Offering: Nylon, Polyester, and Rayon Tire Cord Fabrics
Kordsa, part of the Sabancı Holding group, is a leading force in tire reinforcement technologies. The company supplies a comprehensive portfolio of polyester tire fabrics that enhance tire performance, durability, and fuel efficiency for passenger and commercial vehicles.
Innovation Initiatives:
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Investment in sustainable and bio-based materials for tire cords
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Global production network ensuring robust supply chain resilience
8️⃣ 3. Kolon Industries
Headquarters: Gwacheon, South Korea
Key Offering: Polyester Tire Cord, Aramid Fibers
Kolon Industries is a major producer of industrial materials, with a strong focus on tire reinforcement. Its polyester tire cord fabrics are known for their excellent dimensional stability and heat resistance, catering to the demanding requirements of modern radial tires.
Innovation Initiatives:
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Focus on lightweighting solutions to improve vehicle fuel economy
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Expansion of production capacities to meet growing global demand
7️⃣ 4. SRF Ltd
Headquarters: Gurugram, India
Key Offering: Technical Textiles, Polyester Tire Cord Fabrics
SRF Limited is a diversified industrial conglomerate with a significant presence in the technical textiles business. Its polyester tire cord fabric division is a key supplier to both domestic Indian tire makers and international automotive companies, offering high-quality, reliable reinforcement materials.
Innovation Initiatives:
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Emphasis on R&D for enhanced product performance and sustainability
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Strategic focus on capturing growth in the Asian automotive aftermarket
6️⃣ 5. Kordarna Plus
Headquarters: Heidenheim, Germany
Key Offering: High-Performance Tire Cord Fabrics
Kordarna Plus specializes in the development and production of high-performance cord fabrics for the tire industry. While part of a larger global group, its expertise in polyester and other synthetic fibers makes it a critical partner for premium tire manufacturers seeking superior reinforcement solutions.
Innovation Initiatives:
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Advanced weaving and treatment technologies for optimal fabric properties
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Commitment to stringent quality standards for automotive safety
Download FREE Sample Report:
Global Polyester Tire Fabric Market – View in Detailed Research Report
5️⃣ 6. Maduratex
Headquarters: Jakarta, Indonesia
Key Offering: Polyester and Nylon Tire Cord
Maduratex is a prominent player in the Southeast Asian market for tire cord fabrics. The company supplies polyester-based materials that are essential for the region’s growing tire manufacturing sector, providing the strength and flexibility needed for diverse driving conditions.
Innovation Initiatives:
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Leveraging strategic location to serve the ASEAN automotive hub
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Investments in modernizing production facilities for increased efficiency
4️⃣ 7. Performance Fibers
Headquarters: Hampton, Virginia, USA
Key Offering: High-Tenacity Polyester, Industrial Yarns
Performance Fibers is a leading global manufacturer of high-tenacity polyester yarns used in various industrial applications, including tire reinforcement. The company’s products are critical for producing tire cord fabrics that offer high tensile strength and excellent adhesion to rubber.
Innovation Initiatives:
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Development of specialty yarns for ultra-high-performance tires
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Focus on supply chain optimization and customer-specific solutions
3️⃣ 8. Teijin
Headquarters: Tokyo, Japan
Key Offering: Aramid, Carbon, and Polyester Fibers
Teijin Limited is a global technology-driven company offering a wide array of advanced fibers and composites. Its polyester fibers for tire cord contribute to the production of lighter, stronger, and more fuel-efficient tires, aligning with the automotive industry’s sustainability goals.
Innovation Initiatives:
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Pioneering work in multi-material solutions combining polyester with aramid
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Strong commitment to circular economy principles in material production
2️⃣ 9. Milliken & Company
Headquarters: Spartanburg, South Carolina, USA
Key Offering: Specialty Chemicals, Textiles, and Floor Coverings
Milliken & Company is a diversified manufacturer with a history of innovation. Within its broad portfolio, it produces high-performance polyester materials used in technical textiles, including applications that require exceptional durability and reliability, such as tire reinforcement substrates.
Innovation Initiatives:
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Focus on sustainable manufacturing processes and materials
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Cross-industry application of expertise from textiles to advanced materials
1️⃣ 10. Far Eastern
Headquarters: Taipei, Taiwan
Key Offering: Polyester Chips, Yarns, and Fabrics
Far Eastern is a major integrated producer in the polyester value chain. Its vertically integrated operations allow it to supply high-quality polyester tire cord fabric, from raw materials to finished textile reinforcements, serving a global clientele in the tire industry.
Innovation Initiatives:
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Large-scale production capabilities ensuring competitive pricing and supply stability
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Ongoing investment in R&D for next-generation polyester materials
Get Full Report Here:
Global Polyester Tire Fabric Market – View in Detailed Research Report
🌍 Outlook: The Future of Polyester Tire Fabric Is Stronger and Smarter
The polyester tire fabric market is evolving in response to the automotive industry’s dual demands for enhanced performance and greater sustainability. While traditional high-tenacity polyester remains the workhorse, innovation is focused on creating fabrics that contribute to lighter, longer-lasting, and more eco-friendly tires.
📈 Key Trends Shaping the Market:
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Growing demand for fuel-efficient vehicles driving the need for lightweight tire components
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R&D into bio-based and recycled polyester fibers to reduce environmental impact
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Increasing adoption of radial tires in emerging economies boosting market growth
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Collaboration between tire manufacturers and fabric producers to develop customized solutions
Get Full Report Here:
Global Polyester Tire Fabric Market – View in Detailed Research Report
The companies listed above are not only supplying essential materials for global mobility—they are reinforcing the foundation for the next generation of automotive innovation.
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