Report overview
Steel cord is the fine steel wire strand or rope for special purposes, which are made of superior high-carbon steel and whose surface is plated with brass. Steel cord is a Freight Car Use mainly reinforcing the casting and at the same time keeping the tire flexible enough to resist shocks and to improve comfort of tires.
This report aims to provide a comprehensive presentation of the global market for Steel Cord, 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 Cord. This report contains market size and forecasts of Steel Cord in global, including the following market information:
Global Steel Cord Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Steel Cord Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Steel Cord companies in 2022 (%)
The global Steel Cord market was valued at US$ 5190.8 million in 2022 and is projected to reach US$ 7246.1 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Steel Cord key manufacturers include Bekaert, Jiangsu Xingda Steel Cord, ArcelorMittal, Hyosung, Shandong SNTON Steel Cord, Bridgestone, Shougang Century, Tokusen, Tokyo Rope MFG and Hubei Fuxing New Material, etc. Global top 3 players hold a share over 50 percent in 2019.
We surveyed the Steel Cord 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 Cord Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Cord Market Segment Percentages, by Type, 2022 (%)
Normal Tensile (NT)
High Tensile (HT)
Super Tensile (ST)
Ultra Tensile (UT)
Global Steel Cord Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Cord Market Segment Percentages, by Application, 2022 (%)
Freight Car Use
Passenger Car Use
Others
Global Steel Cord Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Cord 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 Cord revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Steel Cord revenues share in global market, 2022 (%)
Key companies Steel Cord sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Steel Cord sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bekaert
Jiangsu Xingda Steel Cord
ArcelorMittal
Hyosung
Shandong SNTON Steel Cord
Bridgestone
Shougang Century
Tokusen
Tokyo Rope MFG
Hubei Fuxing New Material
BMZ
Henan Hengxing
Junma Tyre Cord
Sumitomo Electric Industries
Sodetal
Outline of Major Chapters:
Chapter 1: Introduces the definition of Steel Cord, market overview.
Chapter 2: Global Steel Cord market size in revenue and volume.
Chapter 3: Detailed analysis of Steel Cord 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 Cord 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 Cord 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.
