Steel Cord Skeleton Material Market Report – Research, Industry Analysis Reports and Market Demands

Global Steel Cord Skeleton Material Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Steel Cord Skeleton Material Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Normal Tensile (NT)
- 1.3.3 High Tensile (HT)
- 1.3.4 Super Tensile (ST)
- 1.3.5 Ultra Tensile (UT)
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Steel Cord Skeleton Material Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Passenger Car
- 1.4.3 Commercial Vehicle
1.5 Global Steel Cord Skeleton Material Market Size & Forecast
- 1.5.1 Global Steel Cord Skeleton Material Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Steel Cord Skeleton Material Sales Quantity (2020-2031)
- 1.5.3 Global Steel Cord Skeleton Material Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Steel Cord Skeleton Material by Manufacturer

3.1 Global Steel Cord Skeleton Material Sales Quantity by Manufacturer (2020-2025)
3.2 Global Steel Cord Skeleton Material Revenue by Manufacturer (2020-2025)
3.3 Global Steel Cord Skeleton Material Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Steel Cord Skeleton Material by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Steel Cord Skeleton Material Manufacturer Market Share in 2024
- 3.4.3 Top 6 Steel Cord Skeleton Material Manufacturer Market Share in 2024
3.5 Steel Cord Skeleton Material Market: Overall Company Footprint Analysis
- 3.5.1 Steel Cord Skeleton Material Market: Region Footprint
- 3.5.2 Steel Cord Skeleton Material Market: Company Product Type Footprint
- 3.5.3 Steel Cord Skeleton Material Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Steel Cord Skeleton Material Market Size by Region
- 4.1.1 Global Steel Cord Skeleton Material Sales Quantity by Region (2020-2031)
- 4.1.2 Global Steel Cord Skeleton Material Consumption Value by Region (2020-2031)
- 4.1.3 Global Steel Cord Skeleton Material Average Price by Region (2020-2031)
4.2 North America Steel Cord Skeleton Material Consumption Value (2020-2031)
4.3 Europe Steel Cord Skeleton Material Consumption Value (2020-2031)
4.4 Asia-Pacific Steel Cord Skeleton Material Consumption Value (2020-2031)
4.5 South America Steel Cord Skeleton Material Consumption Value (2020-2031)
4.6 Middle East & Africa Steel Cord Skeleton Material Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Steel Cord Skeleton Material Sales Quantity by Type (2020-2031)
5.2 Global Steel Cord Skeleton Material Consumption Value by Type (2020-2031)
5.3 Global Steel Cord Skeleton Material Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Steel Cord Skeleton Material Sales Quantity by Application (2020-2031)
6.2 Global Steel Cord Skeleton Material Consumption Value by Application (2020-2031)
6.3 Global Steel Cord Skeleton Material Average Price by Application (2020-2031)

7 North America

7.1 North America Steel Cord Skeleton Material Sales Quantity by Type (2020-2031)
7.2 North America Steel Cord Skeleton Material Sales Quantity by Application (2020-2031)
7.3 North America Steel Cord Skeleton Material Market Size by Country
- 7.3.1 North America Steel Cord Skeleton Material Sales Quantity by Country (2020-2031)
- 7.3.2 North America Steel Cord Skeleton Material Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Steel Cord Skeleton Material Sales Quantity by Type (2020-2031)
8.2 Europe Steel Cord Skeleton Material Sales Quantity by Application (2020-2031)
8.3 Europe Steel Cord Skeleton Material Market Size by Country
- 8.3.1 Europe Steel Cord Skeleton Material Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Steel Cord Skeleton Material Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Steel Cord Skeleton Material Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Steel Cord Skeleton Material Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Steel Cord Skeleton Material Market Size by Region
- 9.3.1 Asia-Pacific Steel Cord Skeleton Material Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Steel Cord Skeleton Material Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Steel Cord Skeleton Material Sales Quantity by Type (2020-2031)
10.2 South America Steel Cord Skeleton Material Sales Quantity by Application (2020-2031)
10.3 South America Steel Cord Skeleton Material Market Size by Country
- 10.3.1 South America Steel Cord Skeleton Material Sales Quantity by Country (2020-2031)
- 10.3.2 South America Steel Cord Skeleton Material Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Steel Cord Skeleton Material Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Steel Cord Skeleton Material Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Steel Cord Skeleton Material Market Size by Country
- 11.3.1 Middle East & Africa Steel Cord Skeleton Material Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Steel Cord Skeleton Material Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Steel Cord Skeleton Material Market Drivers
12.2 Steel Cord Skeleton Material Market Restraints
12.3 Steel Cord Skeleton Material Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Steel Cord Skeleton Material and Key Manufacturers
13.2 Manufacturing Costs Percentage of Steel Cord Skeleton Material
13.3 Steel Cord Skeleton Material Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Steel Cord Skeleton Material Typical Distributors
14.3 Steel Cord Skeleton Material Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Steel Cord Skeleton Material market size was valued at US$ 5730 million in 2024 and is forecast to a readjusted size of USD 8184 million by 2031 with a CAGR of 5.3% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Steel cord skeleton material refers to a reinforced structure used in the manufacturing of tires, belts, and other industrial products, where high tensile strength and durability are essential. Composed of multiple steel wires twisted together into cords, it serves as the foundational framework that provides strength and rigidity. In tires, steel cord skeleton material is used to reinforce the tire's internal structure, enhancing its ability to withstand heavy loads, resist punctures, and improve overall performance. This material also plays a critical role in increasing the lifespan and stability of tires, particularly in radial tires. Due to its superior strength-to-weight ratio, steel cord skeleton material is commonly found in applications that require both flexibility and high mechanical strength.
Market Drivers:
1. Growing Automotive Industry
As the global automotive industry continues to expand, particularly in emerging economies, the demand for high-performance tires is on the rise. Steel cord is an essential component in tire reinforcement, providing improved strength, durability, and safety for tires, which in turn boosts demand.
2. Increasing Demand for High-Performance Tires
High-performance tires, which require better reinforcement materials, are gaining popularity, especially for sports cars, luxury vehicles, and heavy-duty trucks. Steel cords help improve the overall performance of tires by offering superior strength, longevity, and safety, driving their demand in the tire manufacturing industry.
3. Demand for Enhanced Fuel Efficiency
The need for more fuel-efficient vehicles is propelling the demand for tires that reduce rolling resistance. Steel cords provide better structural integrity, which leads to tires that are lighter yet stronger, helping improve fuel efficiency.
4. Technological Advancements in Tire Manufacturing
Continuous advancements in tire technology, such as the development of smarter tires with improved tread designs, have increased the reliance on steel cords for reinforcement. The integration of advanced materials with steel cord reinforcement contributes to better overall tire performance.
5. Tire Safety Regulations
Stringent regulations and safety standards imposed by governments worldwide, particularly regarding tire strength and performance, drive the demand for high-quality materials like steel cord for tire reinforcement. Steel cord provides enhanced durability, which helps meet these regulatory requirements.
6. Growth in the Commercial Vehicle Sector
The commercial vehicle sector, which includes trucks, buses, and other heavy-duty vehicles, requires strong, durable tires. Steel cords are used extensively for reinforcing tires in these vehicles, where durability and load-bearing capacity are critical.
Market Challenges:
1. Fluctuating Raw Material Prices
The prices of raw materials required to manufacture steel cords, such as steel, can be volatile due to global supply chain issues, economic conditions, and geopolitical factors. These price fluctuations can increase production costs for manufacturers, affecting the profitability of businesses in the steel cord and tire industries.
2. High Manufacturing Costs
Producing steel cord requires significant investment in specialized equipment, technology, and skilled labor. The manufacturing process itself is also energy-intensive, which can lead to high production costs. These costs may be a challenge for smaller manufacturers or those operating in regions with higher labor or energy costs.
3. Supply Chain Disruptions
The steel cord industry is heavily reliant on a well-established and stable supply chain for raw materials, manufacturing, and distribution. Disruptions, such as those caused by natural disasters, trade tensions, or pandemics, can result in delays, increased costs, or shortages of materials, affecting the timely production of steel cord for tire reinforcement.
4. Competition from Alternative Reinforcement Materials
Steel cord faces competition from alternative materials, such as synthetic materials, aramid fiber, and polyester, that are used for tire reinforcement. These alternatives often offer benefits like lighter weight, lower costs, or enhanced performance in specific applications. As manufacturers explore these alternatives, they may reduce their reliance on steel cords.
This report is a detailed and comprehensive analysis for global Steel Cord Skeleton Material market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Steel Cord Skeleton Material market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Cord Skeleton Material market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Cord Skeleton Material market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Cord Skeleton Material market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Steel Cord Skeleton Material
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Steel Cord Skeleton Material market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bekaert, Jiangsu Xingda Steel Cord, ArcelorMittal, Hyosung, Shandong SNTON Steel Cord, Bridgestone, Shougang Century, Tokusen, Tokyo Rope MFG, Hubei Fuxing New Material, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Steel Cord Skeleton Material market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Normal Tensile (NT)
High Tensile (HT)
Super Tensile (ST)
Ultra Tensile (UT)
Market segment by Application
Passenger Car
Commercial Vehicle
Major players 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 Group
Sumitomo Electric Industries
DAYE SHARES
Zenith Steel Group
KISWIRE LTD
LEI DA Group
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Steel Cord Skeleton Material product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Cord Skeleton Material, with price, sales quantity, revenue, and global market share of Steel Cord Skeleton Material from 2020 to 2025.
Chapter 3, the Steel Cord Skeleton Material competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Cord Skeleton Material breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Steel Cord Skeleton Material market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Steel Cord Skeleton Material.
Chapter 14 and 15, to describe Steel Cord Skeleton Material sales channel, distributors, customers, research findings and conclusion.

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