Tire Cord and Tire Fabrics Market Forecast 2014 - 2020

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Transparency Market Research Tire Cord and Tire Fabrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Published Date 24-July-2014

80 Page Report

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Global Tire Cord Market and Tire Fabrics Market is Expected to Reach USD 5.06 Billion in 2020:Transparency Market Research Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com


Tire Cord and Tire Fabrics Market

REPORT DESCRIPTION

Tire Cord and Tire Fabrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 According to a new report published by Transparency Market Research "Tire Cord and Tire Fabrics (Steel, Polyester, Nylon, Rayon and Other Products) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020", the global demand for the tire cords and tire fabrics was valued at USD 3.48 billion in 2013 and is expected to reach USD 5.06 billion in 2020, growing at a CAGR of 5.5% between 2014 and 2020. Tire cords and tire fabrics are the most essential reinforcement materials used in the production of tires. Tire cords form the backbone of the tire carcass and provide the required stability, safety and comfort to the vehicle. The market for tire cord and tire fabrics is directly linked to the market dynamics of the automotive industry. The market for different vehicle types such as personal vehicles, heavy vehicles, offroad vehicles, two-wheelers and bi-cycles across different geographies directly impact the demand for tire cords and tire fabrics. Browse the full Tire Cord Market And Tire Fabrics Market Report at http://www.transparencymarketresearch.com/tire-cord-tire-fabrics-market.html Tire cord and tire fabrics can be broadly segregated into steel cords, polyester cords, dipped nylon cords, rayon cords and others including aramid cords, fiberglass cords and PEN cords. One of the major drivers of the market is the growth of automotive demand in Asia Pacific region especially China, Japan and India. With improving ecomonic conditions and higher purchasing power in the emerging nations of Asia Pacific the demand for personal vehicles as well as heavy vehicles and two-wheelers have skyrocketed in this region leading to high demand for tire cord and tire fabric materials. Moreover the gradual revival of North America market post recession augurs well for the tire cord and tire fabric market. The revival of North America market is especially beneficial for steel and polyester tire cords as these materials enjoy the maximum market share in the region. However in spite of the visible growth in global tire cord and tire fabrics market, it is somewhat hampered by the sluggish growth in Europe. Unlike North America, Europe is yet to come out of the economic downturn that occurred in 2008. Overcapacity in Asia Pacific also acts as a restraint to the global tire cord and tire fabrics market.

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Tire Cord and Tire Fabrics Market

Steel tire cords is the most widely used tire cord due to its favorable physical properties and the popularity of radial tires where steel cords are extensively used. The steel cords market accounted for over 55% of the market share in 2013 and is expected to grow further with the proliferation of radial tires in Asia Pacific where its market share is considerably less compared to North America and Europe. Nylon cords are expected to be one of the fastest growing tire cord material owing to its extensive use in Asia Pacific where unfavorable road conditions and heavy production of commercial vehicles propel the market for nylon tire cords. Asia Pacific accounted for over 45% of the global tire cord and tire fabrics market demand in 2013. Demand from North America followed that of Asia Pacific. Rest of the world accounted for the least market share in 2012. The demand for tire cord and tire fabrics is expected to increase in RoW in the forecasted period owing to increase in demand for automotive in this region. The report gives an in-depth analysis of the tire cords and tire fabrics market in terms of volume (kilo tons) and revenue (USD million). In addition, the report also includes current demand analysis and forecast for each product and application segments for both global and regional level. The regions analyzed include North America, Europe, Asia Pacific and Rest of the World. The report comprises of the following segments: We are currently offering a flat 15% discount on all purchases until end of the March 2015 Request for customization of this report http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1977

Tire Cord and Tire Fabrics Market - Product Segment Analysis

Steel

Polyester

Nylon

Rayon

Others (Including aramid, fiberglass, PEN, etc.)

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Tire Cord and Tire Fabrics Market

The report provides a cross-sectional analysis of the above applications segments with respect to the following regions:

Tire Cord and Tire Fabrics Market - Regional Analysis

North America

Europe

Asia-Pacific

Rest of the World

Browse All Chemical & Materials Market Research Reports @ http://www.transparencymarketresearch.com/chemical-market-reports-2.html

TABLE OF CONTENT

Chapter 1 Preface 1.1 Research description 1.2 Market segmentation 1.2.1 Global tire cord and tire fabric market segmentation by product segment and region 1.3 Research scope 1.3.1 Assumptions 1.4 Research methodology 1.4.1 Abbreviations

Chapter 2 Executive Summary

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Tire Cord and Tire Fabrics Market

2.1 Global tire cord and tire fabrics market, 2013 – 2020 (Kilo Tons) (USD Million)

Chapter 3 Tire Cord and Tire Fabrics Market - Industry Analysis 3.1 Introduction 3.2 Value chain analysis 3.3 Market drivers 3.3.1 Growing global automotive demand, especially from Asia Pacific to propel market for tire cord and tire fabrics 3.3.1.1 Global vehicle production statistics, 2011 - 2013 3.3.1.2 Production comparison of leading automotive manufacturers (2011 & 2012) 3.3.2 Revival of U.S. economy infuses fresh demand for tire cords and tire fabrics, especially steel and polyester tire cords 3.3.2.1 Personal vehicle and commercial vehicle sales in the U.S. (2006-2020) 3.4 Market restraints 3.4.1 Sharp decline in automotive demand in Europe reduces the market attractiveness in the region 3.4.1.1 Personal vehicle sales in Europe, 2005 - 2013 3.4.1.2 Commercial vehicle sales in Europe, 2005 - 2013 3.4.2 Overcapacity in Asia Pacific reduces market profitability 3.5 Opportunities 3.5.1 Hybrid tire cord technology has the potential to revolutionize the tire cord market 3.5.2 Increasing demand for bio-based and environmentally-sustainable alternatives to traditional tire cord materials 3.6 Porter’s Five Forces analysis

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3.6.1 Bargaining power of suppliers 3.6.2 Bargaining power of buyers 3.6.3 Threat of new entrants 3.6.4 Threat from substitutes 3.6.5 Degree of competition 3.7 Tire cord and tire fabrics: Market attractiveness analysis 3.7.1 Global tire cord and tire fabrics market: Market attractiveness analysis 3.8 Tire cord and tire fabrics: Company market share analysis 3.8.1 Global tire cord and tire fabrics market: Company market share analysis, 2013

Chapter 4 Tire Cord and Tire Fabrics Market – Product Segment Analysis 4.1 Global tire cord and tire fabrics market: Product segment overview 4.1.1 Global tire cord and tire fabrics market share, by product segment, 2013 & 2020 4.2 Steel 4.2.1 .Global demand for steel tire cords and tire fabrics, 2013 - 2020 (Kilo Tons) (USD Million) 4.3 Polyester 4.3.1 Global demand for polyester tire cord and tire fabrics, 2013 - 2020 (Kilo Tons) (USD Million) 4.4 Nylon 4.4.1 Global demand for nylon tire cord and tire fabrics, 2013 - 2020 (Kilo Tons) (USD Million) 4.5 Rayon 4.5.1 Global demand for rayon tire cord and tire fabrics, 2013 - 2020 (Kilo Tons) (USD Million) 4.6 Others

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Tire Cord and Tire Fabrics Market

4.6.1 Global demand for other tire cord and tire fabrics, 2013 - 2020 (Kilo Tons) (USD Million)

Chapter 5 Tire Cord and Tire Fabrics Market - Regional Analysis 5.1 Global tire cord and tire fabrics market: Regional overview 5.1.1 Global tire cord and tire fabrics market share, by region, 2013 & 2020 5.2 North America 5.2.1 North America tire cord and tire fabrics market volumes, by product segment, 2013 - 2020 (Kilo Tons) 5.2.2 North America tire cord and tire fabrics market revenue, by product segment, 2013 - 2020 (USD Million) 5.3 Europe 5.3.1 Europe tire cord and tire fabrics market volumes, by product segment, 2013 - 2020 (Kilo Tons) 5.3.2 Europe tire cord and tire fabrics market revenue, by product segment, 2013 - 2020 (USD Million) 5.4 Asia Pacific 5.4.1 Asia Pacific tire cord and tire fabrics market volume, by product segment, 2013 - 2020 (Kilo Tons) 5.4.2 Asia Pacific tire cord and tire fabrics market revenue, by product segment, 2013 - 2020 (USD Million) 5.5 Rest of the World (RoW) 5.5.1 RoW tire cord and tire fabrics market volume, by product segment, 2013 - 2020 (Kilo Tons) 5.5.2 RoW tire cord and tire fabrics market revenue, by product segment, 2013 - 2020 (USD Million)

Chapter 6 Company Profiles 6.1 Kolon Industries, Inc.

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Tire Cord and Tire Fabrics Market

6.1.1 Company overview 6.1.2 Product portfolio 6.1.3 Financial overview 6.1.4 Business strategy 6.1.5 SWOT analysis 6.1.6 Recent developments 6.2 Kordsa Global, Inc. 6.2.1 Company overview 6.2.2 Product portfolio 6.2.3 Financial overview 6.2.4 Business strategy 6.2.5 SWOT analysis 6.2.6 Recent developments 6.3 Hyosung Corporation 6.3.1 Company overview 6.3.2 Product portfolio 6.3.3 Financial overview 6.3.4 Business strategy 6.3.5 SWOT analysis 6.3.6 Recent development 6.4 SRF Ltd. 6.4.1 Company overview

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Tire Cord and Tire Fabrics Market

6.4.2 Product portfolio 6.4.3 Financial overview 6.4.4 Business strategy 6.4.5 SWOT analysis 6.5 Milliken & Company Inc. 6.5.1 Company overview 6.5.2 Product portfolio 6.5.3 Business strategies 6.5.4 SWOT analysis 6.5.5 Recent development 6.6 Firestone Fibers & Textile Company 6.6.1 Company overview 6.6.2 Product portfolio 6.6.3 Business strategy 6.6.4 SWOT analysis 6.7 Cordenka GmbH & Co. KG 6.7.1 Company overview 6.7.2 Product portfolio 6.7.3 Business strategy 6.7.4 SWOT analysis 6.7.5 Recent development 6.8 Kordarna Plus A.S.

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6.8.1 Company overview 6.8.2 Product portfolio 6.8.3 Financial overview 6.8.4 Business strategy 6.8.5 SWOT analysis 6.9 Teijin Ltd. 6.9.1 Company overview 6.9.2 Product portfolio 6.9.3 Financial overview 6.9.4 Business strategy 6.9.5 SWOT analysis 6.9.6 Recent development 6.10 Tokusen U.S.A., Inc. 6.10.1 Company overview 6.10.2 Product portfolio 6.10.3 Business strategy 6.10.4 SWOT analysis 6.10.5 Recent developments Browse the full Tire Cord Market And Tire Fabrics Market Report at http://www.transparencymarketresearch.com/tire-cord-tire-fabrics-market.html

About Us

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Tire Cord and Tire Fabrics Market

Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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