Global Tire Reinforcement Steel Cord Market Growth 2024-2030
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.
The global Tire Reinforcement Steel Cord market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Tire Reinforcement Steel Cord Industry Forecast” looks at past sales and reviews total world Tire Reinforcement Steel Cord sales in 2023, providing a comprehensive analysis by region and market sector of projected Tire Reinforcement Steel Cord sales for 2024 through 2030. With Tire Reinforcement Steel Cord sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tire Reinforcement Steel Cord industry.
This Insight Report provides a comprehensive analysis of the global Tire Reinforcement Steel Cord 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 Tire Reinforcement Steel Cord portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Tire Reinforcement Steel Cord market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tire Reinforcement Steel Cord 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 Tire Reinforcement Steel Cord.
United States market for Tire Reinforcement Steel Cord is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Tire Reinforcement Steel Cord is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Tire Reinforcement Steel Cord is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Tire Reinforcement Steel Cord players cover Bekaert SA, Goodyear Belting, Hyosung, Bridgestone, Tokusen, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Tire Reinforcement Steel Cord market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
High Tensile (HT)
Super Tensile (ST)
Ultra Tensile (UT)
Segmentation by Application:
Commercial Vehicles
Passenger Car
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 analysing the company's coverage, product portfolio, its market penetration.
Bekaert SA
Goodyear Belting
Hyosung
Bridgestone
Tokusen
Tokyo Rope
Belarusian Steel Works (BMZ)
Sumitomo Electric
Kiswire
Jiangsu Xingda Steel Cord
Shandong SNTON Steel Cord
Shandong Daye Co., Ltd
Jiangsu Junma Group
Tengzhou Eastern Steel Cord
HuBei Fuxing Science and Technology
Henan Hengxing Science & Technology
Jiangsu Leida Stock
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tire Reinforcement Steel Cord market?
What factors are driving Tire Reinforcement Steel Cord market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tire Reinforcement Steel Cord market opportunities vary by end market size?
How does Tire Reinforcement Steel Cord break out by Type, by Application?
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