The Global Tire Cords and Tire Fabrics Market was valued at USD 6.23 Billion in 2024 and is projected to reach USD 9.12 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2024–2032). This growth is being driven by rising global vehicle production, the shift towards high-performance and fuel-efficient tires, and stringent safety regulations that demand advanced reinforcement materials for enhanced durability and performance.

As the automotive and tire industries evolve towards smarter, more efficient, and sustainable mobility, the critical components within a tire—its cords and fabrics—are gaining strategic importance. These materials, including steel cords, polyester, nylon, and rayon, form the backbone of tire strength and performance. In this blog, we profile the Top 10 Companies in the Tire Cords and Tire Fabrics Industry—a mix of global material science leaders, integrated textile giants, and specialized innovators who are shaping the future of tire reinforcement.

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🔟 10. Indorama Ventures Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: Polyester and Nylon Tire Yarns, High-Tenacity Fibers

Indorama Ventures is a global chemical producer and a major supplier of integrated polyester and nylon value chains. Its high-tenacity yarns are essential for manufacturing durable tire cords, serving tire makers worldwide. The company leverages its vertical integration to ensure consistent quality and supply chain resilience.

Strategic Focus:

• Expanding production capacity for high-performance tire yarns in key growth regions.
• Investing in R&D for recycled and bio-based polyester fibers for sustainable tire solutions.
• Strengthening partnerships with leading tire manufacturers in Asia and Europe.

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9️⃣ 9. SRF Limited

Headquarters: Gurugram, India
Key Offering: Nylon Tire Cord Fabric (NTCF), Polyester Tire Yarn

SRF Limited is a dominant force in the Indian subcontinent’s technical textiles market and a significant global player in nylon tire cord fabric. The company supplies high-quality reinforcement materials to major domestic and international tire brands, capitalizing on India’s booming automotive sector.

Strategic Focus:

• Continuous capacity expansion to meet growing domestic and export demand.
• Focus on product innovation for radial tires, particularly for passenger and commercial vehicles.
• Implementing sustainable manufacturing practices and exploring green material alternatives.

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Global Tire Cords and Tire Fabrics Market – View in Detailed Research Report

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8️⃣ 8. Hyosung Corporation

Headquarters: Seoul, South Korea
Key Offering: Tancron® (Aramid), High-Tenacity Polyester and Nylon Tire Cords

Hyosung is a South Korean industrial conglomerate renowned for its advanced material solutions. Its Tancron® aramid fiber is a premium product used in high-performance tire applications, while its polyester and nylon cords are industry benchmarks for strength and reliability.

Strategic Focus:

• Leading innovation in aramid fiber technology for lightweight, high-strength tire reinforcements.
• Global production network supporting tire manufacturers in the Americas, Europe, and Asia.
• Developing next-generation cords tailored for electric vehicle (EV) tire requirements.

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7️⃣ 7. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: Twaron® and Technora® Aramid Fibers, High-Performance Polyester

Teijin is a global technology-driven company offering advanced fibers and composites. Its aramid fibers, sold under the Twaron® and Technora® brands, provide exceptional strength-to-weight ratios, heat resistance, and durability, making them ideal for premium and specialty tire applications.

Strategic Focus:

• Pioneering high-performance aramid solutions for racing, aviation, and heavy-duty tires.
• Collaborating with tire OEMs on custom reinforcement solutions for emerging mobility trends.
• Commitment to sustainability through lifecycle assessment and recyclable material development.

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6️⃣ 6. Milliken & Company

Headquarters: Spartanburg, South Carolina, USA
Key Offering: Polyester and Nylon Tire Cord Fabrics, Advanced Coated Fabrics

Milliken & Company is a diversified industrial manufacturer with deep expertise in specialty chemicals and textiles. Its tire fabric division produces high-quality polyester and nylon cords known for excellent dimensional stability and adhesion properties, crucial for tire performance and longevity.

Strategic Focus:

• Investing in proprietary coating technologies to enhance cord-rubber adhesion and tire durability.
• Focus on R&D for materials that reduce rolling resistance and improve fuel efficiency.
• Strong customer relationships with North American and European tire manufacturers.

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5️⃣ 5. Kolon Industries, Inc.

Headquarters: Gwacheon, South Korea
Key Offering: Aramid Fibers (Heracron®), Polyester Tire Cord, Nylon Tire Cord

Kolon Industries is a leading South Korean material science company and a major global supplier of tire reinforcement materials. Its Heracron® aramid fiber is a key competitor in the high-strength fiber segment, while its traditional cord business remains robust and technologically advanced.

Strategic Focus:

• Expanding aramid fiber production capacity to capture growing demand in premium tire segments.
• Continuous improvement in polyester and nylon cord production for cost-effectiveness and performance.
• Strategic R&D focused on hybrid cord technologies and sustainable material processes.

Download FREE Sample Report:
Global Tire Cords and Tire Fabrics Market – View in Detailed Research Report

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4️⃣ 4. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: Steel Tire Cord, Advanced Brass-Coated Steel Wire

Bekaert is a world market and technology leader in steel wire transformation and coating. Its steel tire cords are the global standard for radial tires, providing the essential strength, durability, and fatigue resistance required for passenger, truck, and off-road tires.

Strategic Focus:

• Dominating the global steel cord market with a comprehensive product portfolio and global manufacturing footprint.
• Innovating in ultra-high-strength steel wires and advanced coating technologies for next-generation tires.
• Driving sustainability through recycled steel content and energy-efficient production processes.

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3️⃣ 3. Cordenka GmbH & Co. KG

Headquarters: Obernburg, Germany
Key Offering: High-Performance Rayon Tire Cord

Cordenka is the world’s leading producer of high-performance rayon fibers for industrial applications, with tire cord being its core business. Its rayon cords are prized in high-performance tire markets, especially in Europe, for their excellent dimensional stability, heat resistance, and adhesion to rubber.

Strategic Focus:

• Maintaining technological leadership and quality supremacy in the high-performance rayon tire cord niche.
• Serving premium tire manufacturers focused on high-speed and high-performance vehicle segments.
• Exploring bio-based feedstock options to enhance the sustainability profile of its rayon fibers.

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2️⃣ 2. Formosa Taffeta Co., Ltd. (A Unit of Formosa Plastics Group)

Headquarters: Taipei, Taiwan
Key Offering: Polyester Tire Yarn, Nylon Tire Yarn, Processing Yarns

Formosa Taffeta, part of the vast Formosa Plastics Group, is one of the world’s largest producers of polyester and nylon tire yarns. Its massive scale, vertical integration from raw materials to finished yarn, and cost competitiveness make it a pivotal supplier to the global tire industry.

Strategic Focus:

• Leveraging integrated production and economies of scale to offer competitive, high-volume solutions.
• Continuous modernization of production facilities to improve efficiency and product quality.
• Expanding its global supply chain to serve tire plants across all major continents effectively.

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1️⃣ 1. Kordsa Teknik Tekstil A.Ş. (Kordsa Global)

Headquarters: Istanbul, Turkey
Key Offering: Nylon and Polyester Tire Cord Fabrics, Single-End-Cord (SEC) Products, Fabric Solutions

Kordsa Global, a subsidiary of Sabancı Holding, is the undisputed global leader in tire reinforcement and technical textiles. With a presence in over 15 countries, it offers the industry’s most comprehensive portfolio, serving nearly every major tire manufacturer worldwide with advanced fabric and cord technologies.

Strategic Focus:

• Unparalleled global reach and deep customer partnerships across all tire segments and regions.
• Heavy investment in R&D for innovative products like hybrid cords, lightweight solutions, and eco-friendly materials.
• Strategic acquisitions and greenfield investments to strengthen its market leadership and supply chain resilience.

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

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

The tire cords and fabrics market is undergoing a significant transformation. While traditional steel and polyester cords continue to hold major market share, the industry is rapidly innovating to meet demands for lightweighting, electrification, and circular economy principles.

📈 Key Trends Shaping the Market:

• Electrification Drive: EV tires demand cords with higher load-bearing capacity and lower rolling resistance, spurring innovation in high-tenacity materials and hybrid constructions.
• Sustainability Mandates: Growing pressure for tires made from recycled and bio-based materials is pushing R&D in recycled polyester/nylon fibers and alternative raw materials.
• Performance & Lightweighting: Ongoing pursuit of fuel efficiency is accelerating the adoption of advanced materials like aramid and high-strength steel to reduce tire weight without compromising safety.
• Supply Chain Digitalization & Resilience: Companies are investing in smart manufacturing and diversifying production geographically to mitigate risks and improve agility.

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

The companies listed above are not only reinforcing the world’s tires—they’re engineering the critical materials that will enable safer, more efficient, and more sustainable mobility for decades to come.