The German tyre cord fabric market displayed the following forecasted data: 44.787 million square meters in 2024, decreasing year-on-year to 36.217 million square meters by 2028. This represents a negative compound annual growth rate (CAGR) over the forecast period, with a yearly decrease trend. In 2023, the market stood at 46.994 million square meters, indicating a consistent decline. Between 2023 and 2024 alone, there is a decrease of approximately 4.69% highlighting a shrinking demand.

Future trends to watch for include:

Innovations in sustainable materials and advanced tyre technology that may affect fabric demand.
Economic factors influencing automotive production and thereby affecting tyre cord fabric usage.
Environmental regulations that could impact manufacturing processes and material choices.