Global Steel Cord Wire Rod Market Growth 2023-2029

Global Steel Cord Wire Rod Market Growth 2023-2029

The global Steel Cord Wire Rod market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Steel Cord Wire Rod is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Steel Cord Wire Rod is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Steel Cord Wire Rod is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Steel Cord Wire Rod players cover Kobe Steel, NIPPON, Saarstahl, CHINA BAOWU STEEL GROUP, Qingdao Special Iron and Steel Co., Ltd, Anyang Iron & Steel Co., Ltd and Weifang Special Steel Group Co., Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Steel cord wire rod, also known as cord steel, refers to the wire rod twisted into steel cord, the wire diameter is generally 5.5mm, and the carbon content is 0.62%-0.82%, which belongs to the category of high value-added wire rod. The main production process of steel cord wire rod is to draw the wire rod with a wire diameter of 5.5mm into a filament with a wire diameter of 0.15mm-0.38mm, and then undergo twisting, bending, stretching, single-twisting, double-twisting forming and other processes The process of producing steel cord wire rod.

LPI (LP Information)' newest research report, the “Steel Cord Wire Rod Industry Forecast” looks at past sales and reviews total world Steel Cord Wire Rod sales in 2022, providing a comprehensive analysis by region and market sector of projected Steel Cord Wire Rod sales for 2023 through 2029. With Steel Cord Wire Rod sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steel Cord Wire Rod industry.

This Insight Report provides a comprehensive analysis of the global Steel Cord Wire Rod landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steel Cord Wire Rod portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Steel Cord Wire Rod market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steel Cord Wire Rod and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Steel Cord Wire Rod.

This report presents a comprehensive overview, market shares, and growth opportunities of Steel Cord Wire Rod market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Normal Strength (NT) Wire Rod
High Strength (HT) Wire Rod
Super High Strength (ST) Wire Rod
Extra High Strength (UT) Wire Rod

Segmentation by application
Passenger Tire
Truck Tire
OTR Tires
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kobe Steel
NIPPON
Saarstahl
CHINA BAOWU STEEL GROUP
Qingdao Special Iron and Steel Co., Ltd
Anyang Iron & Steel Co., Ltd
Weifang Special Steel Group Co., Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Steel Cord Wire Rod market?

What factors are driving Steel Cord Wire Rod market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Steel Cord Wire Rod market opportunities vary by end market size?

How does Steel Cord Wire Rod break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.