Press release
Steel Cord Market to Witness Strong Growth by 2031, Industry Trends, Market Forecasts and Strategic Insight
The report titled, "Global Steel Cord Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" has been recently published by QY Research. The authors of the report have done extensive study of the global Steel Cord market keeping in mind the key aspects such as growth determinants, opportunities, challenges, restraints, and market developments. This analysis will enrich the ability of the companies involved in the global Steel Cord market to make precise decisions. The report also emphasizes on the current and future trends in the global Steel Cord market, which may bode well for the global Steel Cord market in the coming years. Impact of the driving factors on the global Steel Cord market growth has been mapped by the report. Besides, factors that are likely to challenge the global Steel Cord market growth in the years to come are discussed by the industry experts in the report.The global market for Steel Cord was estimated to be worth US$ 5613 million in 2024 and is forecast to a readjusted size of US$ 7978 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.
Download Exclusive Research Report PDF Sample: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.qyresearch.in/request-sample/chemical-material-steel-cord-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031
Asia Pacific is the largest region of steel cord in the world in the past few years and it will keep increasing in the next few years.
Jiangsu Xingda, Bekaert, Jun Ma Group, Daye Shares, Zenith Steel Group, Shougang Century etc. are the key suppliers in the global Steel Cord market. Top 5 took up more than 64% of the global market.
The trends analysis offered in the report will help players operating in the global Steel Cord market to cash in on lucrative business opportunities. The regional analysis included in the report will help players to explore untapped markets and increase their market presence in key regions. Most importantly, the report offers crucial market information and data that will prepare players to effectively strategize for their business to gain significant profits. On the whole, it comes out as a powerful tool that players can use to gain a competitive edge in the global Steel Cord market.
Market Drivers and Restraints-
The research report presents a detailed case of the drivers in the global market. It evaluates each one in complete detail. Analysts have distinguished between needs and want to calculate the supply and demand dynamics. The report also presents a detailed description of the changing consumer behaviour, improving incomes, and shifting government policies. The research report also describes the evolution of trends that have raised the demand in recent years. Factors such as awareness about the increasing carbon footprint and greenhouse effect have been studied in this report. The report provides a comprehensive outlook of the global Steel Cord market to its readers.
The report also discusses the possible threats to the global Steel Cord market. It highlights the undercurrents that are expected to sway the market in the opposite direction. Analysts have taken utmost care to present this information with thorough calculation. However, the restraining factors come with an explanation of how to overcome the mounting stress on the players. The report provides a unique insight into the lucrative market segments that could change the game for the overall Steel Cord market. Analysts have explained the possible technologies and type of approach towards research that could help the market turn the restraints into opportunities.
Competitive landscape is one of the most interesting subjects of any market research study. It provides readers with important information on competition trends, prominent players, and nature of competition. In this report, the authors have profiled some of the top-ranking as well as other players of the global Steel Cord market. In the company profiling section, each player is comprehensively studied while focusing on its market share, recent developments, production, gross revenue, profit margin, and other factors. The competitive analysis shared in the report will help players to improve their strategies to better compete with other companies.
Top Players operating in the global Steel Cord Market are:
Bekaert
ArcelorMittal (Belgo)
Byelorussian Steel Works
Bridgestone
Tokusen
Tokyo Rope MFG
Sumitomo Electric
Hyosung
Kiswire
Jiangsu Xingda
Daye Shares
Shougang Century
Hubei Fuxing
Henan Hengxing
Jun Ma Group
Zenith Steel Group
Lei Da Group
Market Segmentation
The report offers deep insights into leading segments of the global Steel Cord market and explains key factors helping them to collect a larger share. It provides accurate growth rate and market size achieved by each segment during the forecast period. This will help players to identify lucrative segments and plan out specific strategies to gain maximum profit from them. The report also includes sales growth, revenue, and price changes observed in important segments. Most importantly, the segmental analysis equips players with useful information and data to make the best of opportunities available in different segments.
Details of Steel Cord Market Segmentation: -
Segment by Type:
Normal Tensile (NT)
High Tensile (HT)
Super Tensile (ST)
Ultra Tensile (UT)
Segment by Application:
Passenger Car Radials (PCR)
Truck and Bus Radials (TBR)
Off-The-Road Radials (OTR)
Regional Analysis:
The report offers a deep geographical study of the global Steel Cord market where growth prospects in key regions and countries are identified to help players expand their market presence. Market drivers for each regional market are broadly analyzed in the report. Moreover, the geographical analysis provided in the report could help readers to become familiar with challenges that are specific to the regional markets analyzed. All the regional and country-wise markets studied in the report are analyzed on the basis of growth rate, value, volume, and other vital factors. This will help readers to gain in-depth knowledge of the regional growth of the Steel Cord market.
Highlights of Report
(1) Buyers of the report will have access to unique information about top 10 players of the global Steel Cord market
(2) The report informs readers about future products and technologies to be introduced in the global Steel Cord market
(3) Readers are offered with comprehensive analysis on key revenue pockets of the global Steel Cord market
(4) The report provides details about long-term and short-term strategies adopted by major players of the global Steel Cord market
(5) The authors of the report have provided demand and growth trends of the global Steel Cord market and also its segments
(6) In the geographical analysis section, the report discusses about recent market developments in different regions and countries.
Request Pre-Order Enquiry or Customized Research On This Report: https://www.qyresearch.in/pre-order-inquiry/chemical-material-steel-cord-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031
Table of Content
1 Market Overview
1.1 Steel Cord Product Introduction
1.2 Global Steel Cord Market Size Forecast
1.2.1 Global Steel Cord Sales Value (2020-2031)
1.2.2 Global Steel Cord Sales Volume (2020-2031)
1.2.3 Global Steel Cord Sales Price (2020-2031)
1.3 Steel Cord Market Trends & Drivers
1.3.1 Steel Cord Industry Trends
1.3.2 Steel Cord Market Drivers & Opportunity
1.3.3 Steel Cord Market Challenges
1.3.4 Steel Cord Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Steel Cord Players Revenue Ranking (2024)
2.2 Global Steel Cord Revenue by Company (2020-2025)
2.3 Global Steel Cord Players Sales Volume Ranking (2024)
2.4 Global Steel Cord Sales Volume by Company Players (2020-2025)
2.5 Global Steel Cord Average Price by Company (2020-2025)
2.6 Key Manufacturers Steel Cord Manufacturing Base and Headquarters
2.7 Key Manufacturers Steel Cord Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Steel Cord
2.9 Steel Cord Market Competitive Analysis
2.9.1 Steel Cord Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Steel Cord Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Steel Cord as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Normal Tensile (NT)
3.1.2 High Tensile (HT)
3.1.3 Super Tensile (ST)
3.1.4 Ultra Tensile (UT)
3.2 Global Steel Cord Sales Value by Type
3.2.1 Global Steel Cord Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Steel Cord Sales Value, by Type (2020-2031)
3.2.3 Global Steel Cord Sales Value, by Type (%) (2020-2031)
3.3 Global Steel Cord Sales Volume by Type
3.3.1 Global Steel Cord Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Steel Cord Sales Volume, by Type (2020-2031)
3.3.3 Global Steel Cord Sales Volume, by Type (%) (2020-2031)
3.4 Global Steel Cord Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Car Radials (PCR)
4.1.2 Truck and Bus Radials (TBR)
4.1.3 Off-The-Road Radials (OTR)
4.2 Global Steel Cord Sales Value by Application
4.2.1 Global Steel Cord Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Steel Cord Sales Value, by Application (2020-2031)
4.2.3 Global Steel Cord Sales Value, by Application (%) (2020-2031)
4.3 Global Steel Cord Sales Volume by Application
4.3.1 Global Steel Cord Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Steel Cord Sales Volume, by Application (2020-2031)
4.3.3 Global Steel Cord Sales Volume, by Application (%) (2020-2031)
4.4 Global Steel Cord Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Steel Cord Sales Value by Region
5.1.1 Global Steel Cord Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Steel Cord Sales Value by Region (2020-2025)
5.1.3 Global Steel Cord Sales Value by Region (2026-2031)
5.1.4 Global Steel Cord Sales Value by Region (%), (2020-2031)
5.2 Global Steel Cord Sales Volume by Region
5.2.1 Global Steel Cord Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Steel Cord Sales Volume by Region (2020-2025)
5.2.3 Global Steel Cord Sales Volume by Region (2026-2031)
5.2.4 Global Steel Cord Sales Volume by Region (%), (2020-2031)
5.3 Global Steel Cord Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Steel Cord Sales Value, 2020-2031
5.4.2 North America Steel Cord Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Steel Cord Sales Value, 2020-2031
5.5.2 Europe Steel Cord Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Steel Cord Sales Value, 2020-2031
5.6.2 Asia Pacific Steel Cord Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Steel Cord Sales Value, 2020-2031
5.7.2 South America Steel Cord Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Steel Cord Sales Value, 2020-2031
5.8.2 Middle East & Africa Steel Cord Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Steel Cord Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Steel Cord Sales Value and Sales Volume
6.2.1 Key Countries/Regions Steel Cord Sales Value, 2020-2031
6.2.2 Key Countries/Regions Steel Cord Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Steel Cord Sales Value, 2020-2031
6.3.2 United States Steel Cord Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Steel Cord Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Steel Cord Sales Value, 2020-2031
6.4.2 Europe Steel Cord Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Steel Cord Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Steel Cord Sales Value, 2020-2031
6.5.2 China Steel Cord Sales Value by Type (%), 2024 VS 2031
6.5.3 China Steel Cord Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Steel Cord Sales Value, 2020-2031
6.6.2 Japan Steel Cord Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Steel Cord Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Steel Cord Sales Value, 2020-2031
6.7.2 South Korea Steel Cord Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Steel Cord Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Steel Cord Sales Value, 2020-2031
6.8.2 Southeast Asia Steel Cord Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Steel Cord Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Steel Cord Sales Value, 2020-2031
6.9.2 India Steel Cord Sales Value by Type (%), 2024 VS 2031
6.9.3 India Steel Cord Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Bekaert
7.1.1 Bekaert Company Information
7.1.2 Bekaert Introduction and Business Overview
7.1.3 Bekaert Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Bekaert Steel Cord Product Offerings
7.1.5 Bekaert Recent Development
7.2 ArcelorMittal (Belgo)
7.2.1 ArcelorMittal (Belgo) Company Information
7.2.2 ArcelorMittal (Belgo) Introduction and Business Overview
7.2.3 ArcelorMittal (Belgo) Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 ArcelorMittal (Belgo) Steel Cord Product Offerings
7.2.5 ArcelorMittal (Belgo) Recent Development
7.3 Byelorussian Steel Works
7.3.1 Byelorussian Steel Works Company Information
7.3.2 Byelorussian Steel Works Introduction and Business Overview
7.3.3 Byelorussian Steel Works Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Byelorussian Steel Works Steel Cord Product Offerings
7.3.5 Byelorussian Steel Works Recent Development
7.4 Bridgestone
7.4.1 Bridgestone Company Information
7.4.2 Bridgestone Introduction and Business Overview
7.4.3 Bridgestone Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Bridgestone Steel Cord Product Offerings
7.4.5 Bridgestone Recent Development
7.5 Tokusen
7.5.1 Tokusen Company Information
7.5.2 Tokusen Introduction and Business Overview
7.5.3 Tokusen Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Tokusen Steel Cord Product Offerings
7.5.5 Tokusen Recent Development
7.6 Tokyo Rope MFG
7.6.1 Tokyo Rope MFG Company Information
7.6.2 Tokyo Rope MFG Introduction and Business Overview
7.6.3 Tokyo Rope MFG Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Tokyo Rope MFG Steel Cord Product Offerings
7.6.5 Tokyo Rope MFG Recent Development
7.7 Sumitomo Electric
7.7.1 Sumitomo Electric Company Information
7.7.2 Sumitomo Electric Introduction and Business Overview
7.7.3 Sumitomo Electric Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Sumitomo Electric Steel Cord Product Offerings
7.7.5 Sumitomo Electric Recent Development
7.8 Hyosung
7.8.1 Hyosung Company Information
7.8.2 Hyosung Introduction and Business Overview
7.8.3 Hyosung Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Hyosung Steel Cord Product Offerings
7.8.5 Hyosung Recent Development
7.9 Kiswire
7.9.1 Kiswire Company Information
7.9.2 Kiswire Introduction and Business Overview
7.9.3 Kiswire Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Kiswire Steel Cord Product Offerings
7.9.5 Kiswire Recent Development
7.10 Jiangsu Xingda
7.10.1 Jiangsu Xingda Company Information
7.10.2 Jiangsu Xingda Introduction and Business Overview
7.10.3 Jiangsu Xingda Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Jiangsu Xingda Steel Cord Product Offerings
7.10.5 Jiangsu Xingda Recent Development
7.11 Daye Shares
7.11.1 Daye Shares Company Information
7.11.2 Daye Shares Introduction and Business Overview
7.11.3 Daye Shares Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Daye Shares Steel Cord Product Offerings
7.11.5 Daye Shares Recent Development
7.12 Shougang Century
7.12.1 Shougang Century Company Information
7.12.2 Shougang Century Introduction and Business Overview
7.12.3 Shougang Century Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Shougang Century Steel Cord Product Offerings
7.12.5 Shougang Century Recent Development
7.13 Hubei Fuxing
7.13.1 Hubei Fuxing Company Information
7.13.2 Hubei Fuxing Introduction and Business Overview
7.13.3 Hubei Fuxing Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Hubei Fuxing Steel Cord Product Offerings
7.13.5 Hubei Fuxing Recent Development
7.14 Henan Hengxing
7.14.1 Henan Hengxing Company Information
7.14.2 Henan Hengxing Introduction and Business Overview
7.14.3 Henan Hengxing Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Henan Hengxing Steel Cord Product Offerings
7.14.5 Henan Hengxing Recent Development
7.15 Jun Ma Group
7.15.1 Jun Ma Group Company Information
7.15.2 Jun Ma Group Introduction and Business Overview
7.15.3 Jun Ma Group Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Jun Ma Group Steel Cord Product Offerings
7.15.5 Jun Ma Group Recent Development
7.16 Zenith Steel Group
7.16.1 Zenith Steel Group Company Information
7.16.2 Zenith Steel Group Introduction and Business Overview
7.16.3 Zenith Steel Group Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Zenith Steel Group Steel Cord Product Offerings
7.16.5 Zenith Steel Group Recent Development
7.17 Lei Da Group
7.17.1 Lei Da Group Company Information
7.17.2 Lei Da Group Introduction and Business Overview
7.17.3 Lei Da Group Steel Cord Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Lei Da Group Steel Cord Product Offerings
7.17.5 Lei Da Group Recent Development
8 Industry Chain Analysis
8.1 Steel Cord Industrial Chain
8.2 Steel Cord Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Steel Cord Sales Model
8.5.2 Sales Channel
8.5.3 Steel Cord Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
This Steel Cord Market Research Report Contains Answers to your following Questions
(A) Which Manufacturing Technology is Used for Steel Cord? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
(B) Who Are the Global Key Players in This Steel Cord Market? What's Their Company Profile, Their Product Information, and Contact Information?
(C) What Was Global Market Status of Steel Cord Market? What Was Capacity, Production Value, Cost and PROFIT of Steel Cord Market?
(D) What Is Current Market Status of Steel Cord Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Steel Cord Market by Taking Applications and Types in Consideration?
(E) What Are Projections of Global Steel Cord Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
(F) What Is Steel Cord Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
(G) What Is Economic Impact On Steel Cord Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
(H) What Are Market Dynamics of Steel Cord Market? What Are Challenges and Opportunities?
(I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Steel Cord Industry?
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
Contact US
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QY Research, INC.
India Office -
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Web - https://www.qyresearch.in
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