Report overview
Steel wire rope is a piece of machinery which is widely used in construction, mining, oil & gas extraction and other areas. Usually a steel wire rope is composed of wires, strands and a core, which is made of fiber or steel. The purpose of the core is to provide support and maintain the position of the outer strands during operation. The wires are predominantly constructed from high-carbon steel and stainless steel. The wires are twisted to form strands and they designate the strength of the steel wire rope.
This report aims to provide a comprehensive presentation of the global market for Steel Wire Rope, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Wire Rope. This report contains market size and forecasts of Steel Wire Rope in global, including the following market information:
Global Steel Wire Rope Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Steel Wire Rope Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Steel Wire Rope companies in 2022 (%)
The global Steel Wire Rope market was valued at US$ 9066.5 million in 2022 and is projected to reach US$ 11200 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China is the largest market with about 34% market share. Europe is follower with about 29% market share.
The key players are WireCo World Group, Tokyo Rope, Kiswire, Usha Martin, Scaw Metal, DIEPA, Bridon, Shinko, DSR, Gustav Wolf, YoungHeung, PFEIFER, Teufelberger, Redaelli, Brugg, Jiangsu Shenwang, Jiangsu Safety, Juli Sling, Ansteel Wire Rope, Hubei Fuxing, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Xianyang Bamco etc. The top 5 companies account for about 19% of revenue market share.
We surveyed the Steel Wire Rope manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Steel Wire Rope Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Wire Rope Market Segment Percentages, by Type, 2022 (%)
Left Regular Lay
Left Lang Lay
Right Regular Lay
Right Lang Lay
Alternate Lay
Global Steel Wire Rope Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Wire Rope Market Segment Percentages, by Application, 2022 (%)
Industrial & Crane
Oil & Gas
Mining
Fishing & Marine
Others
Global Steel Wire Rope Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Wire Rope Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Steel Wire Rope revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Steel Wire Rope revenues share in global market, 2022 (%)
Key companies Steel Wire Rope sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Steel Wire Rope sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
WireCo World Group
Tokyo Rope
Kiswire
Usha Martin
Scaw Metal
DIEPA
Bridon
Shinko
DSR
Gustav Wolf
YoungHeung
PFEIFER
Teufelberger
Redaelli
Brugg
Jiangsu Shenwang
Jiangsu Safety
Juli Sling
Ansteel Wire Rope
Hubei Fuxing
Jiangsu Langshan
Guizhou Wire Rope
Fasten Group
Xianyang Bamco
Outline of Major Chapters:
Chapter 1: Introduces the definition of Steel Wire Rope, market overview.
Chapter 2: Global Steel Wire Rope market size in revenue and volume.
Chapter 3: Detailed analysis of Steel Wire Rope manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Steel Wire Rope in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Steel Wire Rope capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
