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The global automotive steel cords market was valued at US$ 380.73 million in 2023 and is projected to reach US$ 633.40 million by 2030, at a CAGR of 7.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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 Automotive Steel Cords, 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 Automotive Steel Cords. This report contains market size and forecasts of Automotive Steel Cords in global, including the following market information:

• Global Automotive Steel Cords Market Revenue, 2019-2024, 2025-2030, ($ millions)
• Global Automotive Steel Cords Market Sales, 2019-2024, 2025-2030, (Kiloton)
• Global top five Automotive Steel Cords companies in 2023 (%)

The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Normal Tensile (NT) Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Automotive Steel Cords include Bekaert, Xingda Steel Cord, Kiswire, Hyosung, Shandong SNTON Steel Cord, Bridgestone, Shougang Century, Tokusen and Tokyo Rope MFG, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Steel Cords 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 Automotive Steel Cords Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Automotive Steel Cords Market Segment Percentages, by Type, 2023 (%)

• Normal Tensile (NT)
• High Tensile (HT)
• Others

Global Automotive Steel Cords Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Automotive Steel Cords Market Segment Percentages, by Application, 2023 (%)

• Passanger Cars
• Commercial Vehicle

Global Automotive Steel Cords Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Automotive Steel Cords Market Segment Percentages, By Region and Country, 2023 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Automotive Steel Cords revenues in global market, 2019-2024 (Estimated), ($ millions)
• Key companies Automotive Steel Cords revenues share in global market, 2023 (%)
• Key companies Automotive Steel Cords sales in global market, 2019-2024 (Estimated), (Kiloton)
• Key companies Automotive Steel Cords sales share in global market, 2023 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Bekaert
• Xingda Steel Cord
• Kiswire
• 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

Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Steel Cords, market overview.
Chapter 2: Global Automotive Steel Cords market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Steel Cords 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 Automotive Steel Cords 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 Automotive Steel Cords 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.