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2025 U.S. Industry Statistics & Market Forecast - Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills
Market Size & Industry Statistics
The total U.S. industry market size for Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills industry include:- Increasing demand for synthetic fibers
- Eco-friendly and sustainable production methods
- Advancements in material technology
- Globalization and trade policy impacts
- Automation and manufacturing innovations
- Growth in maritime and fishing industries
- Expansion in automotive applications
- Rising competition from low-cost producers
- Fluctuations in raw material prices
- Stringent safety and quality regulations
- Market diversification and niching strategies
- Impact of COVID-19 on supply chains and operations
- Increasing use in sports and recreational activities
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 6% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Sales and Related Occupations | 5% | |||
| Office and Administrative Support Occupations | 11% | |||
| Production Occupations | 63% | |||
| Supervisors of Production Workers | 5% | |||
| First-Line Supervisors of Production and Operating Workers | 5% | |||
| First-Line Supervisors of Production and Operating Workers | 5% | |||
| Assemblers and Fabricators | 7% | |||
| Miscellaneous Assemblers and Fabricators | 7% | |||
| Textile, Apparel, and Furnishings Workers | 42% | |||
| Sewing Machine Operators | 32% | |||
| Sewing Machine Operators | 32% | |||
| Textile Machine Setters, Operators, and Tenders | 5% | |||
| Transportation and Material Moving Occupations | 5% | |||
Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills industry. |
Source:
Latest Industry News
- Fountain Tire acquires retread plant, to expand capacity - LONDON, Ontario — Canadian-based Fountain Tire Holdings Ltd. has acquired the Benson Tire retread plant in London, the tire and automotive service dealership's fifth retread facility. Upon its acquisition of the 20,000 sq.-ft. plant, Fountain Tire said it will increase retread capacity by 25% (07/02/2025)
- As Scottsville loses tire plant, officials consider options - SCOTTSVILLE — As Scottsville’s longtime tire cord plant prepares to wrap up sales and close its doors, local and state leaders put their heads together Monday to begin mapping out (06/30/2025)
- Twine/cord - Smithsonian Institution - Object Details Culture/People Enxet (Lengua) Previous owner William Ockleford Oldman (W.O. Oldman/William Ockelford Oldman), Non-Indian, 1879-1949 Seller William Ockleford Oldman (W.O. Oldman/William Ockelford Oldman), Non-Indian, 1879-1949 MAI agent George Gustav Heye (GGH), Non-Indian, 1874-1957 Collection History Collection history unknown; acquired by William Ockleford Oldman (1879-1949 ... (06/25/2025)
- STIC, JKL, and Bain bid for HS HYOSUNG tire steel cord division - STIC, JKL, and Bain bid for HS HYOSUNG tire steel cord division It is reported that STIC Investments, JKL Partners, and Bain Capital participated in (06/20/2025)
- Jadex sells Shakespeare nylon business | Plastics News - Jadex Inc. has sold its Shakespeare Co. LLC business unit to Nova Capital Management Ltd. for an undisclosed price. Columbia, S.C.-based Shakespeare is a maker of nylon resins, fibers and ... (06/18/2025)
- HS HYOSUNG ADVANCED MATERIALS Signs Long-Term Supply MOU with Tata Steel (Thailand) for Lower-Carbon Steel Wire Materials - The Manila Times - Strategic raw material agreement supports the plan to triple eco-friendly steel tire cord sales by 2027 Expands sustainable product portfolio to align with global tire manufacturers' low-carbon sourcing goals SEOUL, South Korea, June 18, 2025 /PRNewswire/ -- HS HYOSUNG ADVANCED MATERIALS signed a memorandum of understanding (MOU) with Tata Steel (Thailand) on June 18th for the procurement of ... (06/18/2025)
- ‘History saved!’ Canadians are relieved after Canadian Tire plans to buy Hudson’s Bay trademarks for $30M - Many Canadians online are praising Canadian Tire, after the company announced it would buy Hudson’s Bay brand trademarks for $30 million, saving the historic retail giant from fading into oblivion. (05/16/2025)
- Canadian Tire Corporation and WestJet Launch Strategic Partnership to Bring More Value to Canadians - TORONTO, May 8, 2025 /CNW/ - Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) (CTC or the Company) and WestJet today announced a long-term strategic partnership that brings together ... (05/08/2025)
- Person killed changing tire on US 29 in Greensboro; man charged with DWI - GREENSBORO, N.C. (WGHP) — One person is dead and another has life-threatening injuries after they were struck by an impaired driver while changing a tire on US 29 in Greensboro, according to the ... (05/02/2025)
- Archaeologists Thought They’d Found a Piece of Old Farm Equipment. It Turned Out to Be a Rare Iron Age Chariot Tire - But when they took a closer look, they realized they had something very special on their hands: a rare Iron Age chariot tire. Though similar artifacts have been unearthed in England, very few have ... (05/02/2025)
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