Tire Reinforcement Materials Market Size and Share

Tire Reinforcement Materials Market (2025 - 2030)
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Tire Reinforcement Materials Market Analysis by Mordor Intelligence

The Tire Reinforcement Materials Market size is estimated at USD 17.22 billion in 2025, and is expected to reach USD 20.82 billion by 2030, at a CAGR of 3.87% during the forecast period (2025-2030). Robust radial-tire demand, tightening fuel-efficiency rules, and a steady shift toward advanced composite cords underpin expansion. Steel continues to anchor the tier-one supply chain because its high tensile strength supports heavier electric vehicles without raising costs. Lightweight aramid and graphene-modified cords are gaining traction in premium passenger and commercial segments as automakers chase lower rolling resistance. Meanwhile, melt-spinning lines with closed-loop cooling are scaling rapidly, allowing fiber makers to trim energy intensity and solvent emissions. Regional growth skews toward Asia-Pacific, where localized bead-wire plants help tire makers hedge against freight and tariff risks while meeting surging replacement-tire volumes.

Key Report Takeaways

  • By material, steel held 40.28% of the tire reinforcement materials market share in 2024 and is advancing at a 4.17% CAGR.
  • By technology, melt spinning captured 56.63% of segment revenue in 2024, and this processing route is pacing the field at 4.19% CAGR.
  • By reinforcement, tire bead wire commanded 61.07% revenue in 2024, while tire cord fabric is projected to be the fastest riser at a 4.11% CAGR through 2030. 
  • By application, belt-ply reinforcement accounted for 41.53% of 2024 sales and is forecast to expand at a 4.32% CAGR.
  • By geography, Asia-Pacific generated 51.12% of 2024 turnover and is expected to log the highest regional CAGR of 4.60%.

Segment Analysis

By Material: Steel Reinforcement Retains Primacy

Steel held a 40.28% of global value, and is on track for a 4.17% CAGR through 2030. High-carbon wire featuring tensile strengths up to 11,000 N enables lighter carcass profiles without sacrificing safety. Bekaert leverages global melt-shop integration and closed-loop pickling to support a 30% share of world tire-cord demand, reinforcing supply-security preferences among OEMs. Over the forecast horizon, extra-ultra-tensile grades will migrate into mass-market EV tires, expanding revenue for steel-cord lines operating in proximity to gigafactories.

Polyester yarns continue to serve cost-sensitive passenger-tire plies because of stable pricing and easy processing. Nylon retains niches that involve sustained high temperatures, such as high-speed motorcycle tires, but its reliance on caprolactam exposes producers to petrochemical swings. Aramid occupies premium slots where weight savings translate directly into fuel-economy or EV-range gains, though feedstock availability remains tight. Overall, diversified material menus give tire makers the flexibility to optimize SKUs by region and regulation without diluting brand performance commitments.

Tire Reinforcement Materials Market: Market Share by Material
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By Technology: Melt Spinning Scales Efficiently

Melt-spinning accounted for 56.63% of 2024 output and is guiding a projected 4.19% CAGR by 2030 as fiber houses deploy energy-efficient quench systems. ]. Direct-chip-to-yarn extrusion paired with high-frequency (HF) godets lowers electricity use and delivers finer denier control. The tire reinforcement materials market share for melt-spun polyester already surpasses 70% within that sub-segment, while nylon players are steadily migrating away from solvent-heavy solution spinning. 

Drawing technology remains critical in specialty cords, where multi-stage orientation improves crystallinity and abrasion resistance. Research testing two-step drawing achieved a 15% smoother surface than single-step methods, which elevates adhesion with skim-stock rubber. Solution spinning persists in aramid and meta-aramid fibre, though solvent-recovery mandates are escalating operating costs. A blended approach—melt spin for base loads, solution spin for performance fibers—will characterize capex decisions over the next five years.

By Reinforcement Type: Bead Wire Dominates While Cord Fabric Accelerates

The tire bead wire holds 61.07% of global turnover, anchored by its irreplaceable role in rim lock performance. Standard diameters run from 0.70 mm passenger formats to 3.0 mm off-the-road grades, giving suppliers a stable, high-volume product line. Tight bonding requirements, governed by ISO 240 ring-tensile tests, cement customer loyalty and limit substitution risk. 

Cord fabric, however, is pacing future volume. Century Enka scaled up to 92,000 tpa of nylon cord and is pivoting to polyester to meet EV weight-class demands. Hybrid cord fabrics integrating steel and PET filaments deliver shear-cycle endurance critical for high-torque EVs. Adhesion optimization using 1.6 phr resorcinol-formaldehyde-latex and 0.5 phr MBTS accelerators yielded peak peel strength in pilot studies, demonstrating compound-level innovation that supports a 4.11% CAGR outlook.

By Application: Belt-Ply Reinforcement Leads Premium Uptake

Belt-ply reinforcement represents 41.53% of revenue, and is forecast to grow at 4.32% CAGR to 2030. Dual-layer steel belts enhance puncture resistance and heat dissipation, qualities indispensable in high-speed touring and truck-bus radial tires. Bridgestone’s MasterCore mining line employs proprietary steel cords with adaptive tensioning, elevating service life in off-highway settings.

Carcass plies maintain steady volume as every pneumatic tire requires at least one load-bearing textile layer. Cap-ply reinforcement, often twisted aramid or nylon, is moving beyond ultra-high-performance passenger rims into light-truck models to curb tread distortion under towing loads. Continental’s composition breakdown shows 15% of tire mass dedicated to reinforcing materials, validating the relentless need for balance between ride comfort and structural rigidity.

Tire Reinforcement Materials Market: Market Share by Application
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Geography Analysis

Asia-Pacific contributed 51.12% of 2024 revenue and is slated for a 4.60% CAGR through 2030 as China, India, and Southeast Asia expand OEM and replacement tire output. Cambodia’s two new tire plants, underwritten by Chinese investors, secure bead-wire and cord supply contracts that prioritize just-in-time delivery across the Mekong subregion. 

North America holds a sizable share in premium segments, propelled by fleet adherence to U.S. SmartWay fuel-efficiency benchmarks. Evonik’s USD 50 million silica expansion in Charleston targets “green” tire compounds that function best when paired with low-gauge, high-modulus polyester cords. Trelleborg’s North Carolina plant will fabricate bio-based coated fabrics that can double as inner-liner reinforcements, reflecting a regional push toward circular materials.

Europe emphasizes sustainability and automation. Michelin invested EUR 300 million in Roanne to run C3M small-lot production of ultra-high-performance tires, each embedding aramid belts and low-spill bead wires. Stricter carbon-border adjustments raise hurdles for imported cord fabric that lacks low-carbon verification. Eastern European plants in Slovakia and Romania are therefore adopting closed-loop acid recovery in pickling baths to secure future compliance and customer acceptance.

Tire Reinforcement Materials Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The market is moderately fragmented. New entrants concentrate on graphene-modified cords and bio-based polymers. The Graphene Council reports 30% wear-rate reductions when sub-1% graphene is dispersed into cord-rubber skim stocks, attracting EV startups that seek extended-range gains. Mid-sized steel-wire specialists are trialing EAF-sourced “green steel” to court OEM carbon-reduction scorecards. Japanese conglomerates Sumitomo and Mitsubishi Chemical forged a 2025 pact to recycle recovered carbon black back into bead-wire coatings, tightening circularity loops.

Tire Reinforcement Materials Industry Leaders

  1. Bekaert

  2. HS HYOSUNG ADVANCED MATERIALS

  3. Kordsa Teknik Tekstil AŞ

  4. Michelin

  5. TORAY INDUSTRIES, INC. (Toray Hybrid Cord Inc.)

  6. *Disclaimer: Major Players sorted in no particular order
Tire Reinforcement Materials Market - Market Concentration
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Recent Industry Developments

  • January 2025: Bekaert won the Material Innovation Award at Tire Tech Expo for its Mega Tensile cord, which lifts tensile strength beyond 5,500 MPa while enabling 10% material savings.
  • November 2024: U.S. EPA finalized amended National Emission Standards for Hazardous Air Pollutants covering tire bead production, imposing total hydrocarbon caps and predicting USD 13.3 million in annual compliance costs.

Table of Contents for Tire Reinforcement Materials Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Global Vehicle Parc and Replacement-Tire Demand
    • 4.2.2 Rapid APAC Logistics Boom Spurring Radial Tire Output
    • 4.2.3 Lightweight High-Strength Cords to Meet Fuel-Efficiency Norms
    • 4.2.4 Safety Regulations Elevating Premium Reinforcement Adoption
    • 4.2.5 Graphene-Enhanced Cords Cutting Rolling Resistance by More than or Equal to 30%
  • 4.3 Market Restraints
    • 4.3.1 Raw-Material Price Volatility (Steel, Nylon)
    • 4.3.2 Emission Regulations on Carbon-Black/Steel-Cord Plants
    • 4.3.3 Global Aramid-Fiber Supply Crunch (Defense Demand Spikes)
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Material
    • 5.1.1 Steel
    • 5.1.2 Polyester
    • 5.1.3 Nylon
    • 5.1.4 Rayon
    • 5.1.5 Aramid
    • 5.1.6 Other Materials
  • 5.2 By Technology
    • 5.2.1 Drawing
    • 5.2.2 Melt Spinning
    • 5.2.3 Solution Spinning
  • 5.3 By Reinforcement Type
    • 5.3.1 Tire Cord Fabric
    • 5.3.2 Tire Bead Wire
  • 5.4 By Application
    • 5.4.1 Automotive Carcasses
    • 5.4.2 Belt Ply
    • 5.4.3 Cap Ply
  • 5.5 By Geography
    • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 South Korea
    • 5.5.1.5 ASEAN
    • 5.5.1.6 Rest of APAC
    • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 Italy
    • 5.5.3.4 France
    • 5.5.3.5 Russia
    • 5.5.3.6 Rest of Europe
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle-East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Bekaert
    • 6.4.2 Century Enka Limited
    • 6.4.3 CORDENKA GmbH & Co. KG​
    • 6.4.4 Dupont
    • 6.4.5 FORMOSA TAFFETA CO. LTD​
    • 6.4.6 HS HYOSUNG ADVANCED MATERIALS
    • 6.4.7 Indorama Ventures Mobility​
    • 6.4.8 Jiangsu Xingda Steel Cord Co., Ltd
    • 6.4.9 Kolon Industries Inc.
    • 6.4.10 Kordsa Teknik Tekstil AŞ
    • 6.4.11 Michelin
    • 6.4.12 SRF LIMITED
    • 6.4.13 Sumitomo Electric Industries, Ltd
    • 6.4.14 TEIJIN LIMITED
    • 6.4.15 TOKUSEN KOGYO Co.,ltd
    • 6.4.16 TORAY INDUSTRIES, INC. (Toray Hybrid Cord Inc.)
    • 6.4.17 Wuxi Taiji Industrial Co., Ltd

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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Global Tire Reinforcement Materials Market Report Scope

Tire reinforcement materials are the cords used in the carcass and belts and bead wires. The tire reinforcement materials market is segmented by material (steel, polyester, nylon, rayon, aramid, and other materials), technology (drawing, melt spinning, and solution spinning), type (tire cord fabric and tire bead wire), application (automobile carcasses, belt ply, and cap ply), and geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report also covers the market size and forecasts in 15 countries across the major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

By Material
Steel
Polyester
Nylon
Rayon
Aramid
Other Materials
By Technology
Drawing
Melt Spinning
Solution Spinning
By Reinforcement Type
Tire Cord Fabric
Tire Bead Wire
By Application
Automotive Carcasses
Belt Ply
Cap Ply
By Geography
Asia-Pacific China
India
Japan
South Korea
ASEAN
Rest of APAC
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
By Material Steel
Polyester
Nylon
Rayon
Aramid
Other Materials
By Technology Drawing
Melt Spinning
Solution Spinning
By Reinforcement Type Tire Cord Fabric
Tire Bead Wire
By Application Automotive Carcasses
Belt Ply
Cap Ply
By Geography Asia-Pacific China
India
Japan
South Korea
ASEAN
Rest of APAC
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Key Questions Answered in the Report

How large is the tire reinforcement materials market in 2025?

The tire reinforcement materials market size reached USD 17.22 billion in 2025.

Which segment holds the biggest revenue share?

Tire bead wire leads with 61.07% of global sales in 2024.

What material shows the fastest growth through 2030?

Steel reinforcement is advancing at a 4.17% CAGR, the quickest among materials.

Why is Asia-Pacific growing faster than other regions?

Expanding logistics fleets, new tire factories, and rising vehicle ownership are propelling a 4.60% regional CAGR.

How are emission regulations affecting suppliers?

New EPA and EU limits require costly retrofits at carbon-black and steel-cord plants, curbing near-term capacity additions.

What innovation garnered industry recognition in 2025?

Bekaert's Mega Tensile cord won the Tire Tech Expo Material Innovation Award for boosting strength while lowering material use.

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