Yarn - when there is more than one fibre interlocked, it is called yarn. A long continuous strand of interlocked or twisted fibres is yarn - which could be used for tire cords.
Globally, the High-Performance Tire Yarn industry market is low concentrated as the manufacturing technology of High-Performance Tire Yarn is relatively matures than some high-tech equipment. At the same time, Asia-Pacific, occupied 63% sales market share in 2018, is remarkable in the global High-Performance Tire Yarn industry because of lowest cost of raw material and labor.

Market Analysis and Insights: Global High-Performance Tire Yarn Market
The global High-Performance Tire Yarn market is valued at US$ 3278.4 million in 2019. The market size will reach US$ 3877.7 million by the end of 2026, growing at a CAGR of 2.4% during 2021-2026.

Global High-Performance Tire Yarn Scope and Segment
High-Performance Tire Yarn market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global High-Performance Tire Yarn market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Polyamide Yarn
Polyester Yarn
The Polyester Yarn segment is estimated to register the highest CAGR, in terms of value, of the overall High-Performance Tire Yarn market. The growth of the Polyester Yarn segment is expected to continue during the forecast period due to the increasing demand for high-strength High-Performance Tire Yarn from different types.

Segment by Application
OE Market
Replacement
The High-Performance Tire Yarn market has been segmented into OE market and replacement. The replacement segment is projected to dominate the High-Performance Tire Yarn market during the forecast period. The dominance of the replacement segment can be attributed to the increasing number of vehicles on road and age of vehicles

By Company
Hyosung
Kordsa Global
Kolon Industries
Shenma
Junma
Century Enka
Performance Fibers
Far Eastern Group
Hailide
Kordarna Plus A.S.
Shifeng
Madura Industrial Textiles
Haiyang Chemical
Taiji
Teijin
SRF Ltd
Cordenka
Dikai
Bestory
Helon Polytex

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E