Tire Reinforcement Materials Market Report by Product Type (Tire Cord Fabric, Tire Bead Wire), Material Type (Steel, Polyester, Nylon, Rayon, Aramid, and Others), Tire Type (Radial Tire, Bias Tire), Vehicle Type (Passenger Cars, Commercial Vehicle, and Others), Application (OEMs, Aftermarket), and Region 2025-2033

Tire Reinforcement Materials Market Report by Product Type (Tire Cord Fabric, Tire Bead Wire), Material Type (Steel, Polyester, Nylon, Rayon, Aramid, and Others), Tire Type (Radial Tire, Bias Tire), Vehicle Type (Passenger Cars, Commercial Vehicle, and Others), Application (OEMs, Aftermarket), and Region 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A3115

Market Overview:

The global tire reinforcement materials market size reached USD 16.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 22.7 Billion by 2033, exhibiting a growth rate (CAGR) of 3.4% during 2025-2033.

Report Attribute 
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024
USD 16.5 Billion
Market Forecast in 2033
USD 22.7 Billion
Market Growth Rate 2025-2033 3.4%


Tire reinforcement materials, such as beads and fabric cords, are widely utilized to provide high durability, stiffness, tensile strength, adhesion to rubber and compression modulus. These materials are employed depending on their cost, construction, chemical composition and the number of plies in tires. For instance, steel cords find application in passenger car and truck radial tires to generate handling force, improve traction and enhance the overall tire performance. Moreover, beads manufactured using steel wires and additives are used as reinforcement materials. They are coated with alloys to provide resistance against load distortion, rim slippage and breakage during mounting. At present, the demand for tire reinforcement materials is increasing worldwide as they keep tires in shape, support vehicle weight and improve the functionality of tires.

The escalating demand for run-flat and ultra-high-speed tires is positively influencing the adoption of textile cords in bicycles, earthmovers, heavy-duty trucks and space shuttle landing gear. Moreover, as steel cords help reduce rolling resistance, increase tread life and improve fuel efficiency, they find application in sport utility vehicles (SUVs) and light truck (LT) tires. Furthermore, the growing number of construction and mining activities are promoting the usage of tire reinforcement materials as they provide protection against punctures in off-the-road (OTR) vehicles. The rising sales of automobiles, the introduction of super high tensile bead wires and stringent regulations implemented by governing agencies of various countries on the fuel economy of vehicles are some of the other factors anticipated to drive the market in the coming years. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global tire reinforcement materials market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on product type, material type, tire type, vehicle type and application.

Breakup by Product Type:

  • Tire Cord Fabric
  • Tire Bead Wire
     

Breakup by Material Type:

  • Steel
  • Polyester
  • Nylon
  • Rayon
  • Aramid
  • Others
     

Breakup by Tire Type:

  • Radial Tire
  • Bias Tire
     

Breakup by Vehicle Type:

  • Passenger Cars
  • Commercial Vehicle
  • Others
     

Breakup by Application:

  • OEMs
  • Aftermarket
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bridgestone Corporation, Century Enka Limited, Cordenka GmbH & Co. KG, Dupont De Nemours Inc., Formosa Taffeta Co. Ltd., Kolon Industries Inc., Kordsa Teknik Tekstil AS (Haci Ömer Sabanci Holding AS), NV Bekaert S.A., SRF Limited (Kama Holdings Ltd.), Teijin Limited, Toray Industries Inc. and Toyobo Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Segment Coverage Product Type, Material Type, Tire Type, Vehicle Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bridgestone Corporation, Century Enka Limited, Cordenka GmbH & Co. KG, Dupont De Nemours Inc., Formosa Taffeta Co. Ltd., Kolon Industries Inc., Kordsa Teknik Tekstil AS (Haci Ömer Sabanci Holding AS), NV Bekaert S.A., SRF Limited (Kama Holdings Ltd.), Teijin Limited, Toray Industries Inc., Toyobo Co. Ltd.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global tire reinforcement materials market was valued at USD 16.5 Billion in 2024.

We expect the global tire reinforcement materials market to exhibit a CAGR of 3.4% during 2025-2033.

The rising demand for tire reinforcement materials in maintaining the shape, supporting vehicle weight, improving overall tire functionality, etc., is primarily driving the global tire reinforcement materials market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for tire reinforcement materials.

Based on the product type, the global tire reinforcement materials market can be segmented into tire cord fabric and tire bead wire. Currently, tire cord fabric holds the majority of the total market share.

Based on the material type, the global tire reinforcement materials market has been divided into steel, polyester, nylon, rayon, aramid, and others. Among these, steel currently exhibits a clear dominance in the market.

Based on the tire type, the global tire reinforcement materials market can be categorized into radial tire and bias tire. Currently, radial tire accounts for the majority of the global market share.

Based on the vehicle type, the global tire reinforcement materials market has been segregated into passenger cars, commercial vehicle, and others, where passenger cars currently hold the largest market share.

Based on the application, the global tire reinforcement materials market can be bifurcated into OEMs and aftermarket. Currently, aftermarket exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global tire reinforcement materials market include Bridgestone Corporation, Century Enka Limited, Cordenka GmbH & Co. KG, Dupont De Nemours Inc., Formosa Taffeta Co. Ltd., Kolon Industries Inc., Kordsa Teknik Tekstil AS (Haci Ömer Sabanci Holding AS), NV Bekaert S.A., SRF Limited (Kama Holdings Ltd.), Teijin Limited, Toray Industries Inc., and Toyobo Co. Ltd.

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Tire Reinforcement Materials Market Report by Product Type (Tire Cord Fabric, Tire Bead Wire), Material Type (Steel, Polyester, Nylon, Rayon, Aramid, and Others), Tire Type (Radial Tire, Bias Tire), Vehicle Type (Passenger Cars, Commercial Vehicle, and Others), Application (OEMs, Aftermarket), and Region 2025-2033
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