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Global Steel Cord Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026
SKU ID : QYR-15944970 | Publishing Date : 21-Jul-2020 | No. of pages : 130
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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.
Asia Pacific market took up about 69% the global market in 2018, while Europe and North America were about 16%, 13%.
Market Analysis and Insights: Global Steel Cord Market
In 2019, the global Steel Cord market size was US$ 6117.8 million and it is expected to reach US$ 8641.1 million by the end of 2026, with a CAGR of 5.0% during 2021-2026.
Global Steel Cord Scope and Market Size
Steel Cord market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Steel Cord market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Steel Cord market is segmented into
Normal Tensile (NT)
High Tensile (HT)
Super Tensile (ST)
Ultra Tensile (UT)
Normal tensile (NT) is the most widely used type which takes up about 72% of the total sales in 2018.
Segment by Application, the Steel Cord market is segmented into
Passenger Car Use
Freight Car Use
Other
Freight car use was the most widely used area which took up about 62% of the global total in 2018.
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Steel Cord market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Steel Cord product introduction, recent developments, Steel Cord sales by region, type, application and by sales channel.
The major companies 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
Asia Pacific market took up about 69% the global market in 2018, while Europe and North America were about 16%, 13%.
Market Analysis and Insights: Global Steel Cord Market
In 2019, the global Steel Cord market size was US$ 6117.8 million and it is expected to reach US$ 8641.1 million by the end of 2026, with a CAGR of 5.0% during 2021-2026.
Global Steel Cord Scope and Market Size
Steel Cord market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Steel Cord market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Steel Cord market is segmented into
Normal Tensile (NT)
High Tensile (HT)
Super Tensile (ST)
Ultra Tensile (UT)
Normal tensile (NT) is the most widely used type which takes up about 72% of the total sales in 2018.
Segment by Application, the Steel Cord market is segmented into
Passenger Car Use
Freight Car Use
Other
Freight car use was the most widely used area which took up about 62% of the global total in 2018.
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Steel Cord Market Share AnalysisSteel Cord market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Steel Cord product introduction, recent developments, Steel Cord sales by region, type, application and by sales channel.
The major companies 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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
