APO RESEARCH · REPORT
Steel Cord
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Research
Steel Cord Industry Research Report 2026
Market perspective
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.
Global Steel Cord key manufacturers include Bekaert, Jiangsu Xingda Steel Cord, ArcelorMittal, Hyosung, Shandong SNTON Steel Cord, Bridgestone, Shougang Century, Tokusen, Tokyo Rope MFG and Hubei Fuxing New Material, etc. Global top 3 players hold a share over 50 percent in 2019.
Report Scope
Read the full market overview
This report quantifies the global Steel Cord market in revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Steel Cord.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Steel Cord Market by Company
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
Steel Cord Segment by Type
Normal Tensile (NT)
High Tensile (HT)
Super Tensile (ST)
Ultra Tensile (UT)
Steel Cord Segment by Application
Freight Car Use
Passenger Car Use
Others
Steel Cord Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Steel Cord market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Steel Cord and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Steel Cord.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Steel Cord manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Steel Cord by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Steel Cord in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Normal Tensile (NT)
- High Tensile (HT)
- Super Tensile (ST)
- Ultra Tensile (UT)
Applications
- Freight Car Use
- Passenger Car Use
- Others
Companies covered
- 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
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Steel Cord by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Normal Tensile (NT)
- 2.2.3 High Tensile (HT)
- 2.2.4 Super Tensile (ST)
- 2.2.5 Ultra Tensile (UT)
- 2.3 Steel Cord by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Freight Car Use
- 2.3.3 Passenger Car Use
- 2.3.4 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Steel Cord Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Steel Cord Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Steel Cord Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Steel Cord Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Steel Cord Production by Manufacturers (2021-2026)
- 3.2 Global Steel Cord Production Value by Manufacturers (2021-2026)
- 3.3 Global Steel Cord Average Price by Manufacturers (2021-2026)
- 3.4 Global Steel Cord Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Steel Cord Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Steel Cord Manufacturers, Product Type & Application
- 3.7 Global Steel Cord Manufacturers Established Date
- 3.8 Global Steel Cord Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Bekaert
- 4.1.1 Bekaert Steel Cord Company Information
- 4.1.2 Bekaert Steel Cord Business Overview
- 4.1.3 Bekaert Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Bekaert Product Portfolio
- 4.1.5 Bekaert Recent Developments
- 4.2 Jiangsu Xingda Steel Cord
- 4.2.1 Jiangsu Xingda Steel Cord Steel Cord Company Information
- 4.2.2 Jiangsu Xingda Steel Cord Steel Cord Business Overview
- 4.2.3 Jiangsu Xingda Steel Cord Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Jiangsu Xingda Steel Cord Product Portfolio
- 4.2.5 Jiangsu Xingda Steel Cord Recent Developments
- 4.3 ArcelorMittal
- 4.3.1 ArcelorMittal Steel Cord Company Information
- 4.3.2 ArcelorMittal Steel Cord Business Overview
- 4.3.3 ArcelorMittal Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 ArcelorMittal Product Portfolio
- 4.3.5 ArcelorMittal Recent Developments
- 4.4 Hyosung
- 4.4.1 Hyosung Steel Cord Company Information
- 4.4.2 Hyosung Steel Cord Business Overview
- 4.4.3 Hyosung Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Hyosung Product Portfolio
- 4.4.5 Hyosung Recent Developments
- 4.5 Shandong SNTON Steel Cord
- 4.5.1 Shandong SNTON Steel Cord Steel Cord Company Information
- 4.5.2 Shandong SNTON Steel Cord Steel Cord Business Overview
- 4.5.3 Shandong SNTON Steel Cord Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Shandong SNTON Steel Cord Product Portfolio
- 4.5.5 Shandong SNTON Steel Cord Recent Developments
- 4.6 Bridgestone
- 4.6.1 Bridgestone Steel Cord Company Information
- 4.6.2 Bridgestone Steel Cord Business Overview
- 4.6.3 Bridgestone Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Bridgestone Product Portfolio
- 4.6.5 Bridgestone Recent Developments
- 4.7 Shougang Century
- 4.7.1 Shougang Century Steel Cord Company Information
- 4.7.2 Shougang Century Steel Cord Business Overview
- 4.7.3 Shougang Century Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Shougang Century Product Portfolio
- 4.7.5 Shougang Century Recent Developments
- 4.8 Tokusen
- 4.8.1 Tokusen Steel Cord Company Information
- 4.8.2 Tokusen Steel Cord Business Overview
- 4.8.3 Tokusen Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Tokusen Product Portfolio
- 4.8.5 Tokusen Recent Developments
- 4.9 Tokyo Rope MFG
- 4.9.1 Tokyo Rope MFG Steel Cord Company Information
- 4.9.2 Tokyo Rope MFG Steel Cord Business Overview
- 4.9.3 Tokyo Rope MFG Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Tokyo Rope MFG Product Portfolio
- 4.9.5 Tokyo Rope MFG Recent Developments
- 4.10 Hubei Fuxing New Material
- 4.10.1 Hubei Fuxing New Material Steel Cord Company Information
- 4.10.2 Hubei Fuxing New Material Steel Cord Business Overview
- 4.10.3 Hubei Fuxing New Material Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Hubei Fuxing New Material Product Portfolio
- 4.10.5 Hubei Fuxing New Material Recent Developments
- 4.11 BMZ
- 4.11.1 BMZ Steel Cord Company Information
- 4.11.2 BMZ Steel Cord Business Overview
- 4.11.3 BMZ Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 BMZ Product Portfolio
- 4.11.5 BMZ Recent Developments
- 4.12 Henan Hengxing
- 4.12.1 Henan Hengxing Steel Cord Company Information
- 4.12.2 Henan Hengxing Steel Cord Business Overview
- 4.12.3 Henan Hengxing Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Henan Hengxing Product Portfolio
- 4.12.5 Henan Hengxing Recent Developments
- 4.13 Junma Tyre Cord
- 4.13.1 Junma Tyre Cord Steel Cord Company Information
- 4.13.2 Junma Tyre Cord Steel Cord Business Overview
- 4.13.3 Junma Tyre Cord Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Junma Tyre Cord Product Portfolio
- 4.13.5 Junma Tyre Cord Recent Developments
- 4.14 Sumitomo Electric Industries
- 4.14.1 Sumitomo Electric Industries Steel Cord Company Information
- 4.14.2 Sumitomo Electric Industries Steel Cord Business Overview
- 4.14.3 Sumitomo Electric Industries Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Sumitomo Electric Industries Product Portfolio
- 4.14.5 Sumitomo Electric Industries Recent Developments
- 4.15 Sodetal
- 4.15.1 Sodetal Steel Cord Company Information
- 4.15.2 Sodetal Steel Cord Business Overview
- 4.15.3 Sodetal Steel Cord Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Sodetal Product Portfolio
- 4.15.5 Sodetal Recent Developments
5 Global Steel Cord Production by Region
- 5.1 Global Steel Cord Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Steel Cord Production by Region: 2021-2032
- 5.2.1 Global Steel Cord Production by Region: 2021-2026
- 5.2.2 Global Steel Cord Production Forecast by Region (2027-2032)
- 5.3 Global Steel Cord Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Steel Cord Production Value by Region: 2021-2032
- 5.4.1 Global Steel Cord Production Value by Region: 2021-2026
- 5.4.2 Global Steel Cord Production Value Forecast by Region (2027-2032)
- 5.5 Global Steel Cord Market Price Analysis by Region (2021-2026)
- 5.6 Global Steel Cord Production and Value, YOY Growth
- 5.6.1 North America Steel Cord Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Steel Cord Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Steel Cord Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Steel Cord Production Value Estimates and Forecasts (2021-2032)
6 Global Steel Cord Consumption by Region
- 6.1 Global Steel Cord Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Steel Cord Consumption by Region (2021-2032)
- 6.2.1 Global Steel Cord Consumption by Region: 2021-2026
- 6.2.2 Global Steel Cord Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Steel Cord Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Steel Cord Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Steel Cord Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Steel Cord Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Steel Cord Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Steel Cord Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Steel Cord Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Steel Cord Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Steel Cord Production by Type (2021-2032)
- 7.1.1 Global Steel Cord Production by Type (2021-2032) & (K MT)
- 7.1.2 Global Steel Cord Production Market Share by Type (2021-2032)
- 7.2 Global Steel Cord Production Value by Type (2021-2032)
- 7.2.1 Global Steel Cord Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Steel Cord Production Value Market Share by Type (2021-2032)
- 7.3 Global Steel Cord Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Steel Cord Production by Application (2021-2032)
- 8.1.1 Global Steel Cord Production by Application (2021-2032) & (K MT)
- 8.1.2 Global Steel Cord Production Market Share by Application (2021-2032)
- 8.2 Global Steel Cord Production Value by Application (2021-2032)
- 8.2.1 Global Steel Cord Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Steel Cord Production Value Market Share by Application (2021-2032)
- 8.3 Global Steel Cord Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Steel Cord Value Chain Analysis
- 9.1.1 Steel Cord Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Steel Cord Production Mode & Process
- 9.2 Steel Cord Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Steel Cord Distributors
- 9.2.3 Steel Cord Customers
10 Global Steel Cord Analyzing Market Dynamics
- 10.1 Steel Cord Industry Trends
- 10.2 Steel Cord Industry Drivers
- 10.3 Steel Cord Industry Opportunities and Challenges
- 10.4 Steel Cord Industry Restraints
11 Report Conclusion
12 Disclaimer
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