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Global Steel Cord Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 117 pages | ID: G24BC997126CEN
APO Research

US$ 3,450.00

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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.

According to APO Research, The global Steel Cord market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

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.

The Steel Cord market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Steel Cord market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report 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
Steel Cord segment by Type
  • Normal Tensile (NT)
  • High Tensile (HT)
  • Super Tensile (ST)
  • Ultra Tensile (UT)
Steel Cord segment by Application
  • Freight Car Use
  • Passenger Car Use
  • Others
Steel Cord Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Steel Cord market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Steel Cord and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Steel Cord.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: 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 3: Detailed analysis of Steel Cord manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Steel Cord in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Steel Cord Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Steel Cord Sales Estimates and Forecasts (2019-2030)
1.3 Steel Cord Market by Type
  1.3.1 Normal Tensile (NT)
  1.3.2 High Tensile (HT)
  1.3.3 Super Tensile (ST)
  1.3.4 Ultra Tensile (UT)
1.4 Global Steel Cord Market Size by Type
  1.4.1 Global Steel Cord Market Size Overview by Type (2019-2030)
  1.4.2 Global Steel Cord Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Steel Cord Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Steel Cord Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Steel Cord Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Steel Cord Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Steel Cord Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Steel Cord Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Steel Cord Industry Trends
2.2 Steel Cord Industry Drivers
2.3 Steel Cord Industry Opportunities and Challenges
2.4 Steel Cord Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Steel Cord Revenue (2019-2024)
3.2 Global Top Players by Steel Cord Sales (2019-2024)
3.3 Global Top Players by Steel Cord Price (2019-2024)
3.4 Global Steel Cord Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Steel Cord Key Company Manufacturing Sites & Headquarters
3.6 Global Steel Cord Company, Product Type & Application
3.7 Global Steel Cord Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Steel Cord Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Steel Cord Players Market Share by Revenue in 2023
  3.8.3 2023 Steel Cord Tier 1, Tier 2, and Tier

4 STEEL CORD REGIONAL STATUS AND OUTLOOK

4.1 Global Steel Cord Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Steel Cord Historic Market Size by Region
  4.2.1 Global Steel Cord Sales in Volume by Region (2019-2024)
  4.2.2 Global Steel Cord Sales in Value by Region (2019-2024)
  4.2.3 Global Steel Cord Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Steel Cord Forecasted Market Size by Region
  4.3.1 Global Steel Cord Sales in Volume by Region (2025-2030)
  4.3.2 Global Steel Cord Sales in Value by Region (2025-2030)
  4.3.3 Global Steel Cord Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 STEEL CORD BY APPLICATION

5.1 Steel Cord Market by Application
  5.1.1 Freight Car Use
  5.1.2 Passenger Car Use
  5.1.3 Others
5.2 Global Steel Cord Market Size by Application
  5.2.1 Global Steel Cord Market Size Overview by Application (2019-2030)
  5.2.2 Global Steel Cord Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Steel Cord Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Steel Cord Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Steel Cord Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Steel Cord Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Steel Cord Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Steel Cord Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Bekaert
  6.1.1 Bekaert Comapny Information
  6.1.2 Bekaert Business Overview
  6.1.3 Bekaert Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Bekaert Steel Cord Product Portfolio
  6.1.5 Bekaert Recent Developments
6.2 Jiangsu Xingda Steel Cord
  6.2.1 Jiangsu Xingda Steel Cord Comapny Information
  6.2.2 Jiangsu Xingda Steel Cord Business Overview
  6.2.3 Jiangsu Xingda Steel Cord Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Jiangsu Xingda Steel Cord Steel Cord Product Portfolio
  6.2.5 Jiangsu Xingda Steel Cord Recent Developments
6.3 ArcelorMittal
  6.3.1 ArcelorMittal Comapny Information
  6.3.2 ArcelorMittal Business Overview
  6.3.3 ArcelorMittal Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 ArcelorMittal Steel Cord Product Portfolio
  6.3.5 ArcelorMittal Recent Developments
6.4 Hyosung
  6.4.1 Hyosung Comapny Information
  6.4.2 Hyosung Business Overview
  6.4.3 Hyosung Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Hyosung Steel Cord Product Portfolio
  6.4.5 Hyosung Recent Developments
6.5 Shandong SNTON Steel Cord
  6.5.1 Shandong SNTON Steel Cord Comapny Information
  6.5.2 Shandong SNTON Steel Cord Business Overview
  6.5.3 Shandong SNTON Steel Cord Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Shandong SNTON Steel Cord Steel Cord Product Portfolio
  6.5.5 Shandong SNTON Steel Cord Recent Developments
6.6 Bridgestone
  6.6.1 Bridgestone Comapny Information
  6.6.2 Bridgestone Business Overview
  6.6.3 Bridgestone Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Bridgestone Steel Cord Product Portfolio
  6.6.5 Bridgestone Recent Developments
6.7 Shougang Century
  6.7.1 Shougang Century Comapny Information
  6.7.2 Shougang Century Business Overview
  6.7.3 Shougang Century Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Shougang Century Steel Cord Product Portfolio
  6.7.5 Shougang Century Recent Developments
6.8 Tokusen
  6.8.1 Tokusen Comapny Information
  6.8.2 Tokusen Business Overview
  6.8.3 Tokusen Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Tokusen Steel Cord Product Portfolio
  6.8.5 Tokusen Recent Developments
6.9 Tokyo Rope MFG
  6.9.1 Tokyo Rope MFG Comapny Information
  6.9.2 Tokyo Rope MFG Business Overview
  6.9.3 Tokyo Rope MFG Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Tokyo Rope MFG Steel Cord Product Portfolio
  6.9.5 Tokyo Rope MFG Recent Developments
6.10 Hubei Fuxing New Material
  6.10.1 Hubei Fuxing New Material Comapny Information
  6.10.2 Hubei Fuxing New Material Business Overview
  6.10.3 Hubei Fuxing New Material Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Hubei Fuxing New Material Steel Cord Product Portfolio
  6.10.5 Hubei Fuxing New Material Recent Developments
6.11 BMZ
  6.11.1 BMZ Comapny Information
  6.11.2 BMZ Business Overview
  6.11.3 BMZ Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 BMZ Steel Cord Product Portfolio
  6.11.5 BMZ Recent Developments
6.12 Henan Hengxing
  6.12.1 Henan Hengxing Comapny Information
  6.12.2 Henan Hengxing Business Overview
  6.12.3 Henan Hengxing Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 Henan Hengxing Steel Cord Product Portfolio
  6.12.5 Henan Hengxing Recent Developments
6.13 Junma Tyre Cord
  6.13.1 Junma Tyre Cord Comapny Information
  6.13.2 Junma Tyre Cord Business Overview
  6.13.3 Junma Tyre Cord Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Junma Tyre Cord Steel Cord Product Portfolio
  6.13.5 Junma Tyre Cord Recent Developments
6.14 Sumitomo Electric Industries
  6.14.1 Sumitomo Electric Industries Comapny Information
  6.14.2 Sumitomo Electric Industries Business Overview
  6.14.3 Sumitomo Electric Industries Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 Sumitomo Electric Industries Steel Cord Product Portfolio
  6.14.5 Sumitomo Electric Industries Recent Developments
6.15 Sodetal
  6.15.1 Sodetal Comapny Information
  6.15.2 Sodetal Business Overview
  6.15.3 Sodetal Steel Cord Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 Sodetal Steel Cord Product Portfolio
  6.15.5 Sodetal Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Steel Cord Sales by Country
  7.1.1 North America Steel Cord Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Steel Cord Sales by Country (2019-2024)
  7.1.3 North America Steel Cord Sales Forecast by Country (2025-2030)
7.2 North America Steel Cord Market Size by Country
  7.2.1 North America Steel Cord Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Steel Cord Market Size by Country (2019-2024)
  7.2.3 North America Steel Cord Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Steel Cord Sales by Country
  8.1.1 Europe Steel Cord Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Steel Cord Sales by Country (2019-2024)
  8.1.3 Europe Steel Cord Sales Forecast by Country (2025-2030)
8.2 Europe Steel Cord Market Size by Country
  8.2.1 Europe Steel Cord Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Steel Cord Market Size by Country (2019-2024)
  8.2.3 Europe Steel Cord Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Steel Cord Sales by Country
  9.1.1 Asia-Pacific Steel Cord Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Steel Cord Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Steel Cord Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Steel Cord Market Size by Country
  9.2.1 Asia-Pacific Steel Cord Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Steel Cord Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Steel Cord Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Steel Cord Sales by Country
  10.1.1 Latin America Steel Cord Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Steel Cord Sales by Country (2019-2024)
  10.1.3 Latin America Steel Cord Sales Forecast by Country (2025-2030)
10.2 Latin America Steel Cord Market Size by Country
  10.2.1 Latin America Steel Cord Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Steel Cord Market Size by Country (2019-2024)
  10.2.3 Latin America Steel Cord Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Steel Cord Sales by Country
  11.1.1 Middle East and Africa Steel Cord Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Steel Cord Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Steel Cord Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Steel Cord Market Size by Country
  11.2.1 Middle East and Africa Steel Cord Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Steel Cord Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Steel Cord Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Steel Cord Value Chain Analysis
  12.1.1 Steel Cord Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Steel Cord Production Mode & Process
12.2 Steel Cord Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Steel Cord Distributors
  12.2.3 Steel Cord Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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