Latin America Tire Cord Fabrics Market Size & Outlook
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Latin America tire cord fabrics market highlights
- The Latin America tire cord fabrics market generated a revenue of USD 517.0 million in 2024.
- The market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, polyester was the largest revenue generating material in 2024.
- Rayon is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 517.0 million |
| Market revenue in 2030 | USD 713.7 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Polyester |
| Fastest growing segment | Rayon |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon, Polyester, Rayon |
| Key market players worldwide | Indorama Ventures PCL ADR, Kolon Industries, SRF Limited, Teijin Ltd, Century Enka |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.9% of the global tire cord fabrics market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 304.9 million by 2030.
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Tire Cord Fabrics Market Scope
Tire Cord Fabrics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Century Enka | View profile | 501-1000 | Pune, Maharashtra, India, Asia | https://www.centuryenka.com/ |
| SRF Limited | View profile | 5001-10000 | Haryana, Haryana, India, Asia | https://www.srf.com |
| Kolon Industries | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.kolonindustries.com/ |
| Indorama Ventures PCL ADR | View profile | 11125 | Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Bangkok, Thailand, 10110 | https://www.indoramaventures.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
Latin America tire cord fabrics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tire cord fabrics market will help companies and investors design strategic landscapes.
Polyester was the largest segment with a revenue share of 55.38% in 2024. Horizon Databook has segmented the Latin America tire cord fabrics market based on nylon, polyester, rayon covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of tire cord fabrics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America tire cord fabrics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America tire cord fabrics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America tire cord fabrics market size, by country, 2018-2030 (US$M)
Latin America Tire Cord Fabrics Market Outlook Share, 2024 & 2030 (US$M)
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