Steel tire cords are the widely used reinforcement materials in tire manufacturing.The material accounted for the largest proportion of the market share of 40% in 2015. This is attributable to their stability, safety, and higher comfort. Asia-Pacific (APAC) dominated the market for tire reinforcement materials in 2015. The region will sustain its market share and grow considerably over the forecast period. This is attributable to the economic growth and increasing disposable incomes, which are increasing the production and demand of vehicles. The growth in the global automotive industry, driven by population growth and rising disposable incomes, especially in developing regions, and the advantages of
reinforced tires over conventional tires will drive the market growth over 2016-2020.

PART 01: Executive summary ............................................ 6

Highlights 6

PART 02: Scope of the report ............................................. 7

Market overview 7

Top-vendor offerings 10

PART 03: Market research methodology ......................... 11

Research methodology 11

Economic indicators 11

PART 04: Introduction ....................................................... 12

Key market highlights 12

PART 05: Market landscape .............................................. 14

Market size and forecast 14

Five forces analysis 16

Key stakeholders in global tire reinforcement materials

market 17

PART 06: Market segmentation by type ........................... 18

Global tire cord fabric market 19

Global tire bead wire market 20

PART 07: Market segmentation by material .................... 21

Global steel tire reinforcement materials market 22

Global polyester tire reinforcement materials market 23

Global rayon tire reinforcement materials market 24

Global nylon tire reinforcement materials market 25

Global market for other tire reinforcement materials 26

PART 08: Geographic segmentation ................................ 27

Tire reinforcement materials market in Americas 28

Tire reinforcement materials market in Europe 29

Tire reinforcement materials market in APAC 30

Tire reinforcement materials market in ROW 31

PART 09: Market drivers ................................................... 32

Growth in automotive industry 32

Economic growth in APAC 35

Enhanced properties of reinforced tires 35

PART 10: Impact of drivers ............................................... 37

PART 11: Market challenges ............................................. 38

Volatile raw material prices 38

Stringent government regulations 39

Excess production capabilities in China 39

PART 12: Impact of drivers and challenges .................... 41

PART 13: Market trends .................................................... 42

Increasing demand for eco-friendly tires 42

Increasing importance of vehicle fuel efficiency 43

Increasing demand for extra load tires 43

PART 14: Vendor landscape ............................................. 44

Competitive scenario 44

Major market vendors 44

Bekaert 45

Hyosung 48

Kolon Industries 50

Kordsa Global 52

Toray Industries 54

Other prominent vendors 55

PART 15: Appendix ........................................................... 57

List of abbreviations 57

PART 16: Explore Technavio ............................................ 58