Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Tyre Cord (Fabric/Steel)
Overview
Market size
$6.9B
global, USD
CAGR
4.6%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$8.6B
What changed
Demand by region
Asia Pacific demand50%
North America demand20%
Europe demand15%
South America demand8%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Raw Materials (Steel Rods, Polyester/Nylon Chips)55%
Energy and Utilities18%
Conversion and Direct Labor12%
Chemical Treatments (Adhesives, Brass Coating)8%
Logistics and Freight7%
share of delivered cost (analyst estimate)