Global Tire Cord Industry

• Publication date: November 2012
• Report size: 190 pages

This report analyzes the worldwide markets for Tire Cord in Thousand Metric Tons. The report provides separate comprehensive analytics for North America, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets. The report profiles 35 companies including many key and niche players such as Century Enka Limited, CORD...

This report analyzes the worldwide markets for Tire Cord in Thousand Metric Tons. The report provides separate comprehensive analytics for North America, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets. The report profiles 35 companies including many key and niche players such as Century Enka Limited, CORDENKA GmbH, Formosa Taffeta Co. Ltd., Hyosung Corporation, Junma Tyre Cord Company Limited, Kolon Industries, Inc., Kordarna Plus A.S., Kordsa Global Endüstriyel Iplik ve Kord Bezi Sanayi ve Ticaret A.S., Nile Kordsa, NV Bekaert SA, SRF Limited, Teijin Limited, and Xingda International Holdings Limited. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain.

Global Tire Industry

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Polyester Tire Cord I-3
Nylon Tire Cord I-3


II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW II-1
A Primer II-1
Market Traits II-1
Opportunity Indicators II-2
Table 1: World Production of Passenger Cars: Breakdown of
Production Figures in ‘000 Units for Years 2013, 2015 & 2017
(includes corresponding Graph/Chart) II-2

Table 2: World Production of Commercial Vehicles: Breakdown
of Production Figures in ‘000 Units for Years 2013, 2015 &
2017 (includes corresponding Graph/Chart) II-3
Tires Industry: A Quick Primer II-3
Opportunity Indicators II-4
Table 3: World Market for Tires (2012): Breakdown of Volume
Shipments in Million Units by Geographic Region/Country
(includes corresponding Graph/Chart) II-4

Table 4: World Market for Tires (2012): Percentage Breakdown
of Volume Shipments by Market Segment (includes corresponding
Graph/Chart) II-5
Higher Tire Replacements Drive Demand for Tire Cord II-5
Developing Nations: The Focal Point for Future Growth II-6
Smaller Tire Cords Contribute to Fuel-Efficient Vehicles II-6
Tire Makers’ Focus on Radials Drives Up Steel Cord Demand II-6
Table 5: Global Steel Cord Market (2011): Percentage Share
Breakdown of Production Capacity for Bekaert in the Total
Market (includes corresponding Graph/Chart) II-7
Impact of the 2007-2009 Recession in Retrospect II-7
Impact of the European Debt Crisis on the Domestic Automotive
Industry: A Review II-9
Outlook II-10
Key Statistical Findings II-10
Table 6: Global Tire Cord Market (2011): Percentage Share
Breakdown of Production Capacity by Leading Players (includes
corresponding Graph/Chart) II-10

Table 7: Global PET Tire Cord Market (2011): Percentage
Market Share Breakdown of Leading Players (includes
corresponding Graph/Chart) II-10

Table 8: Global Tire Reinforcement Materials Market (2011):
Percentage Share Breakdown of Revenues by Segment - Tire Cord
Fabric and Steel Bead Wire (includes corresponding
Graph/Chart) II-10

2. TIRE INDUSTRY - AN OVERVIEW II-11
Introduction II-11
Raw Materials for Automobile Tires II-11
Automobile Tire Composition: Frequently Used Constituents II-11
Table 9: Automobile Tire Composition: Percentage Breakdown of
Constituents by Weight (includes corresponding Graph/Chart) II-12

Table 10: Automobile Tires: Composition of Raw-Materials as
Percentage of Total Raw Material Cost (includes corresponding
Graph/Chart) II-12
Factors Affecting Demand in Tire Industry II-12
Vehicle Demand II-12
Vehicle Fleet II-12
Prices of Raw Material II-13
Significance of Road Transport II-13
Retreading II-13
Radial vs. Bias Tires II-13
Radial Tire II-13
Low-Profile Radials II-13
Bias Tire II-14
Market Dynamics II-14
Changing Dimensions II-14
Need of a Big Wheel II-14
Runflat Tires to Register Healthy Growth II-14
Major Players II-15
Table 11: Global Tires Market (2011): Percentage Market Share
Breakdown of Leading Manufacturers (includes corresponding
Graph/Chart) II-15

3. PRODUCT OVERVIEW II-16
Tire Cord - An Introduction II-16
Steel Cord II-16
Tire Cord Fabric II-16
Nylon Tire Cord II-17
Polyester Tire Cord II-17

4. STRATEGIC CORPORATE DEVELOPMENTS II-18
Kama Trade House Establishes Tyre&Service Centers in Kazakhstan II-18
TATNEFT Introduces New SSC Kama Tires II-18
Cordenka Group Acquires Cordus II-18
Bekaert Takes Over BMI and BSSH from Bridgestone II-18
Sumitomo Electric Group to Establish Joint Venture with Hyosung II-19
Angang Group and Bekaert Group’s Joint Venture Facility
Commences Business II-19
Century Enka Curtails Tire Cord Output II-19
Kordsa Global to Shut Down Izmit Facility II-19
SRF to Expand Textile, Packaging Films and Chemicals Businesses II-20
Teijin Fibers Launches EcoPet Plus, Pioneering Recycled
Polyester Tire Cords II-20
Bekaert Undertakes Reorganization of Plants II-20
Indian Producers Demand Anti-Dumping Duties for Nylon Tire
Cord Imported from Belarus II-20
Kordarna to Reduce Supply of Tire Cords in 2009 II-21
Performance Fibers Acquires Polyester Industrial Filament and
Tire Cord Businesses of INVISTA II-21
SRF Acquires Thai Baroda Industries II-21
Saarstahl Group Takes Over RS France and RS Slovakia II-21

5. FOCUS ON SELECT PLAYERS II-22
Century Enka Limited (India) II-22
CORDENKA GmbH (Germany) II-22
Formosa Taffeta Co. Ltd (Taiwan) II-22
Hyosung Corporation (South Korea) II-22
Junma Tyre Cord Company Limited (China) II-23
Kolon Industries, Inc (South Korea) II-23
Kordarna Plus A.S. (Czech Republic) II-23
Kordsa Global Endüstriyel Iplik ve Kord Bezi Sanayi ve Ticaret
A.S. (Turkey) II-23
Nile Kordsa (Egypt) II-23
NV Bekaert SA (Belgium) II-24
SRF Limited (India) II-24
Teijin Limited (Japan) II-24
Xingda International Holdings Limited (China) II-24

6. GLOBAL MARKET PERSPECTIVE II-25
Table 12: World Recent Past, Current & Future Analysis for
Tire Cord Market by Geographic Region - North America, Japan,
Europe, Asia-Pacific (excluding Japan) and Rest of World
Markets Independently Analyzed with Annual Sales in Thousand
Metric Tons for Years 2010 through 2018 (includes
corresponding Graph/Chart) II-25

Table 13: World Historic Review for Tire Cord Market by
Geographic Region - North America, Japan, Europe, Asia-Pacific
(excluding Japan) and Rest of World Markets Independently
Analyzed with Annual Sales in Thousand Metric Tons for Years
for Years 2004 through 2009 (includes corresponding
Graph/Chart) II-26

Table 14: World 15-Year Perspective for Tire Cord Market by
Geographic Region - Percentage Breakdown of Annual Demand for
North America, Japan, Europe, Asia-Pacific (excluding Japan)
and Rest of World Markets for 2004, 2011 and 2018 (includes
corresponding Graph/Chart) II-27

Table 15: World Recent Past, Current & Future Analysis for
Tire Cord Market by Product Segment - Polyester Tire Cord and
Nylon Tire Cord Markets Independently Analyzed with Annual
Sales in Thousand Metric Tons for Years 2010 through 2018
(includes corresponding Graph/Chart) II-28

Table 16: World Historic Review for Tire Cord Market by
Product Segment - Polyester Tire Cord and Nylon Tire Cord
Markets Independently Analyzed with Annual Sales in Thousand
Metric Tons for Years 2004 through 2009 (includes
corresponding Graph/Chart) II-29

Table 17: World 15-Year Perspective for Tire Cord Market by
Product Segment - Percentage Breakdown of Annual Demand for
Polyester Tire Cord and Nylon Tire Cord Markets for 2004, 2011
and 2018 (includes corresponding Graph/Chart) II-30


III. MARKET

1. NORTH AMERICA III-1
A.Market Analysis III-1
Outlook III-1
Tire Industry in the US: A Review III-1
Domestic Tire Production Continues Its Steady Decline in
the United States III-1
Off-the-road Tire Industry Poise To Recover III-1
Replacement Tires Aftermarket III-2
Shifting Towards Large Sized Rims III-2
Table 18: US Tire Market (2011): Percentage Share
Breakdown of Consumer Sales by Brand Type (includes
corresponding Graph/Chart) III-3

Table 19: US Passenger Tires Retail Market (2011):
Percentage Share Breakdown of Volume Sales by Distribution
Channel (includes corresponding Graph/Chart) III-3

Table 20: US Tire Wholesale Market (2011): Percentage
Share Breakdown of Annual Revenue by Category (includes
corresponding Graph/Chart) III-3
Export/Import Scenario III-4
Table 21: US Exports of Tire Cord Fabrics Made of Nylon &
Other Polyamides High Tenacity Yarns (2011): Percentage
Share Breakdown of Export Revenues by Country (includes
corresponding Graph/Chart) III-4

Table 22: US Imports of Tire Cord Fabrics Made of Nylon &
Other Polyamides High Tenacity Yarns (2011): Percentage
Share Breakdown of Import Revenues by Country (includes
corresponding Graph/Chart) III-4

Table 23: US Exports of Tire Cord Fabrics Made of Polyester
High Tenacity Yarns (2011): Percentage Share Breakdown of
Export Revenues by Country (includes corresponding
Graph/Chart) III-4

Table 24: US Imports of Tire Cord Fabrics Made of Polyester
High Tenacity Yarns (2011): Percentage Share Breakdown of
Import Revenues by Country (includes corresponding
Graph/Chart) III-5

Table 25: US Exports of Tire Cord Fabrics Made of Viscose
Rayon High Tenacity Yarns (2011): Percentage Share
Breakdown of Export Revenues by Country (includes
corresponding Graph/Chart) III-5

Table 26: US Imports of Tire Cord Fabrics Made of Viscose
Rayon High Tenacity Yarns (2011): Percentage Share
Breakdown of Import Revenues by Country (includes
corresponding Graph/Chart) III-5

Table 27: Canadian Exports of Tire Cord Fabrics Made of
Nylon & Other Polyamides High Tenacity Yarns (2011):
Percentage Share Breakdown of Export Revenues by Country
(includes corresponding Graph/Chart) III-6

Table 28: Canadian Imports of Tire Cord Fabrics Made of
Nylon & Other Polyamides High Tenacity Yarns (2011):
Percentage Share Breakdown of Import Revenues by Country
(includes corresponding Graph/Chart) III-6

Table 29: Canadian Exports of Tire Cord Fabrics Made of
Polyester High Tenacity Yarns (2011): Percentage Share
Breakdown of Export Revenues by Country (includes
corresponding Graph/Chart) III-6
Strategic Corporate Developments III-7
B.Market Analytics III-8
Table 30: North American Recent Past, Current & Future
Analysis for Tire Cord Analyzed with Annual Sales in
Thousand Metric Tons for Years 2010 through 2018 (includes
corresponding Graph/Chart) III-8

Table 31: North American Historic Review for Tire Cord
Analyzed with Annual Sales in Thousand Metric Tons for Years
2004 through 2009 (includes corresponding Graph/Chart) III-8

2. JAPAN III-9
A.Market Analysis III-9
Outlook III-9
A Preface to Japanese Tire Industry III-9
Strategic Corporate Developments III-9
Key Players III-10
B.Market Analytics III-10
Table 32: Japanese Recent Past, Current & Future Analysis
for Tire Cord Analyzed with Annual Sales in Thousand Metric
Tons for Years 2010 through 2018 (includes corresponding
Graph/Chart) III-10

Table 33: Japanese Historic Review for Tire Cord Analyzed
with Annual Sales in Thousand Metric Tons for Years 2004
through 2009 (includes corresponding Graph/Chart) III-11

3. EUROPE III-12
A.Market Analysis III-12
Outlook III-12
Changing Dynamics in the European Tires Market III-12
Strategic Corporate Developments III-12
Select Players III-14
B.Market Analytics III-15
Table 34: European Recent Past, Current & Future Analysis
for Tire Cord Analyzed with Annual Sales in Thousand Metric
Tons for Years 2010 through 2018 (includes corresponding
Graph/Chart) III-15

Table 35: European Historic Review for Tire Cord Analyzed
with Annual Sales in Thousand Metric Tons for Years 2004
through 2009 (includes corresponding Graph/Chart) III-16

4. ASIA-PACIFIC III-17
A.Market Analysis III-17
Outlook III-17
B.Market Analytics III-17
Table 36: Asia-Pacific Recent Past, Current & Future
Analysis for Tire Cord Market by Geographic Region - China,
India and Rest of Asia-Pacific Independently Analyzed with
Annual Sales in Thousand Metric Tons for Years 2010 through
2018 (includes corresponding Graph/Chart) III-17

Table 37: Asia-Pacific Historic Review for Tire Cord Market
by Geographic Region - China, India and Rest of Asia-Pacific
Independently Analyzed with Annual Sales in Thousand Metric
Tons for Years 2004 through 2009 (includes corresponding
Graph/Chart) III-18

Table 38: Asia-Pacific 15-Year Perspective for Tire Cord
Market by Geographic Region - Percentage Breakdown of Annual
Demand for China, India and Rest of Asia-Pacific Markets for
2004, 2011 and 2018 (includes corresponding Graph/Chart) III-19

4a. CHINA III-20
A.Market Analysis III-20
Outlook III-20
China - Global Tire Factory III-20
Key Statistical Findings III-20
Table 39: Chinese Tire Cord Market (2011): Percentage Share
breakdown of Volume Consumption by Segment (includes
corresponding Graph/Chart) III-20

Table 40: Chinese Radial Tire Cord Wire Market (2011):
Percentage Share Breakdown of Capacity of Leading Players
(includes corresponding Graph/Chart) III-21

Table 41: Chinese Radial Tire Cord Market (2011):
Percentage Share Breakdown of Costs Involved by Type
(includes corresponding Graph/Chart) III-21
Strategic Corporate Developments III-21
Key Players III-22
B.Market Analytics III-23
Table 42: Chinese Recent Past, Current & Future Analysis for
Tire Cord Analyzed with Annual Sales in Thousand Metric Tons
for Years 2010 through 2018 (includes corresponding
Graph/Chart) III-23

Table 43: Chinese Historic Review for Tire Cord Analyzed
with Annual Sales in Thousand Metric Tons for Years 2004
through 2009 (includes corresponding Graph/Chart) III-23

4b. INDIA III-24
A.Market Analysis III-24
Outlook III-24
Market Overview III-24
Strategic Corporate Developments III-24
Select Players III-25
B.Market Analytics III-26
Table 44: Indian Recent Past, Current & Future Analysis for
Tire Cord Analyzed with Annual Sales in Thousand Metric Tons
for Years 2010 through 2018 (includes corresponding
Graph/Chart) III-26

Table 45: Indian Historic Review for Tire Cord Analyzed with
Annual Sales in Thousand Metric Tons for Years 2004 through
2009 (includes corresponding Graph/Chart) III-26

4c. REST OF ASIA-PACIFIC III-27
A.Market Analysis III-27
Outlook III-27
Select Players III-27
B.Market Analytics III-28
Table 46: Rest of Asia-Pacific Recent Past, Current & Future
Analysis for Tire Cord Analyzed with Annual Sales in
Thousand Metric Tons for Years 2010 through 2018 (includes
corresponding Graph/Chart) III-28

Table 47: Rest of Asia-Pacific Historic Review for Tire Cord
Analyzed with Annual Sales in Thousand Metric Tons for Years
2004 through 2009 (includes corresponding Graph/Chart) III-28

5. REST OF WORLD III-29
A.Market Analysis III-29
Outlook III-29
Select Players III-29
B.Market Analytics III-29
Table 48: Rest of World Recent Past, Current & Future
Analysis for Tire Cord Analyzed with Annual Sales in
Thousand Metric Tons for Years 2010 through 2018 (includes
corresponding Graph/Chart) III-29

Table 49: Rest of World Historic Review for Tire Cord
Analyzed with Annual Sales in Thousand Metric Tons for Years
2004 through 2009 (includes corresponding Graph/Chart) III-30


IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 35 (including Divisions/Subsidiaries - (41)

The United States (5)
Japan (4)
Europe (16)
- France (1)
- Germany (4)
- Italy (1)
- Rest of Europe (10)
Asia-Pacific (Excluding Japan) (4)
Latin America (1)
Middle-East (2)