The global steel cord market size is expected to witness outstanding growth due to its outstanding strength and resilience. It is used in a variety of industrial applications, such as reinforcing materials in tires and conveyor belts. The global steel cord market is witnessing solid growth as demand in the automotive industry increases and safety concerns increase. The latest and developed technologies in the automotive industry await the attention of industry leaders. Their goal is to provide customers with a comfortable driving and safety experience. The growth of the steel cord market is directly proportional to the growth of the tire industry.
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Steel Cord Market: Segmentation
By Type
• Normal Tensile (NT)
• High Tensile (HT)
• Other
By Applications
• Passenger Car Use
• Freight Car Use
• Other
Major Players
• Cortland Limited (US)
• WireCo WorldGroup Inc., (US)
• Samson Rope Technologies (US)
• Southern Ropes (South Africa)
• English Braids Ltd. (UK)
• Marlow Ropes (UK)
• Teufelberger Holding AG (Austria)
• Bekaert SA (Belgium)
• Usha Martin (India)
• Gustav Wolf (Germany)
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