강선 시장 규모, 점유율 및 동향 분석 보고서 : 최종 용도별, 지역별, 부문별 예측(2025-2033년)

Steel Cord Market Summary

The global steel cord market size was estimated at USD 5.83 billion in 2024 and is projected to reach USD 7.83 billion by 2033, growing at a CAGR of 3.4% from 2025 to 2033. Rising vehicle production around the world is a primary engine for steel cord demand.

As passenger car and light commercial vehicle sales increase, so does the need for stronger, yet lighter, tire reinforcements that enhance durability and fuel efficiency. Growth in regional vehicle manufacturing hubs and the expansion of automotive assembly lines directly feed into higher volumes of tire production, which in turn drives the purchase of steel cord at scale.

The shift toward performance and specialty tires increases demand for higher-grade steel cord products. Tire makers are investing in reinforced constructions to achieve better wet grip, handling, and lower rolling resistance. Electric vehicles create additional requirements for load-bearing and heat resistance due to heavier battery packs and different torque profiles, prompting tire designers to specify steel cords with improved tensile properties.

The replacement and retread markets sustain steady consumption, providing a reliable baseline for steel cord sales. As vehicle fleets age and traffic volumes rise, demand for tire retreading and replacement grows, particularly in commercial transport and mining sectors. This aftermarket activity helps smooth cyclical swings in new vehicle production and encourages manufacturers to produce a wider range of steel cord types to meet varying retread and replacement specifications.

Investment in production technology and process optimization at steel cord plants enhances capacity and reduces unit costs, thereby supporting market expansion. Advances in wire drawing, coating, and strand twisting deliver cords with more consistent quality and longer life, which attracts tire makers looking for performance gains. Automation and scale efficiencies also enable suppliers to meet stricter tolerance and delivery expectations from global tire manufacturers.

The availability and pricing of raw materials, as well as regulatory and sustainability pressures, significantly influence market dynamics. Fluctuations in steel scrap and wire rod supply affect input costs, which can alter purchase patterns across regions. Meanwhile, an increasing focus on recyclability and lower carbon footprints is prompting both tire and steel cord producers to adopt greener practices, creating demand for cords manufactured using more efficient processes and traceable supply chains.

Global Steel Cord Market Report Segmentation

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global steel cord market report based on the end use, and region:

• End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
• Tires
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
• Conveyor Belts & Other Industrial Uses
• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• Middle East & Africa
  • Saudi Arabia
  • UAE

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definition
• 1.3. Information Procurement
  • 1.3.1. Information Analysis
  • 1.3.2. Data Analysis Models
  • 1.3.3. Market Formulation & Data Visualization
  • 1.3.4. Data Validation & Publishing
• 1.4. Research Scope and Assumptions
  • 1.4.1. List of Data Sources

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segmental Outlook
• 2.3. Competitive Outlook

Chapter 3. Market Variables, Trends, and Scope

• 3.1. Market Outlook
• 3.2. Industry Value Chain Analysis
• 3.3. Technology Overview
• 3.4. Regulatory Framework
• 3.5. Market Dynamics
  • 3.5.1. Market Driver Analysis
  • 3.5.2. Market Restraint Analysis
• 3.6. Porter's Five Forces Analysis
  • 3.6.1. Bargaining Power of Suppliers
  • 3.6.2. Bargaining Power of Buyers
  • 3.6.3. Threat of Substitution
  • 3.6.4. Threat of New Entrants
  • 3.6.5. Competitive Rivalry
• 3.7. PESTLE Analysis
  • 3.7.1. Political
  • 3.7.2. Economic
  • 3.7.3. Social Landscape
  • 3.7.4. Technology
  • 3.7.5. Environmental
  • 3.7.6. Legal

Chapter 4. Steel Cord Market: End Use Estimates & Trend Analysis

• 4.1. Steel Cord Market: End Use Movement Analysis, 2024 & 2033
• 4.2. Tires
  • 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 4.2.2. Passenger Cars
    • 4.2.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 4.2.3. Light Commercial Vehicles
    • 4.2.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 4.2.4. Heavy Commercial Vehicles
    • 4.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
• 4.3. Conveyor Belts & Other Industrial Uses
  • 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)

Chapter 5. Steel Cord Market: Regional Estimates & Trend Analysis

• 5.1. Regional Analysis, 2024 & 2033
• 5.2. North America
  • 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.2.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.2.3. U.S.
    • 5.2.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.2.3.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.2.4. Canada
    • 5.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.2.4.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.2.5. Mexico
    • 5.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.2.5.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
• 5.3. Europe
  • 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.3.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.3.3. Germany
    • 5.3.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.3.3.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.3.4. UK
    • 5.3.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.3.4.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.3.5. France
    • 5.3.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.3.5.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
• 5.4. Asia Pacific
  • 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.4.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.4.3. China
    • 5.4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.4.3.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.4.4. India
    • 5.4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.4.4.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.4.5. Japan
    • 5.4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.4.5.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
• 5.5. Latin America
  • 5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.5.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.5.3. Brazil
    • 5.5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.5.3.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
• 5.6. Middle East & Africa
  • 5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.6.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.6.3. Saudi Arabia
    • 5.6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.6.3.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)
  • 5.6.4. UAE
    • 5.6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 5.6.4.2. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million) (Kilotons)

Chapter 6. Competitive Landscape

• 6.1. Recent Developments & Impact Analysis, By Key Market Participants
• 6.2. Company Categorization
• 6.3. Heat Map Analysis
• 6.4. Vendor Landscape
  • 6.4.1. List of distributors
• 6.5. List of prospective end-users
• 6.6. Strategy Initiatives
• 6.7. Company Profiles/Listing
  • 6.7.1. NV Bekaert SA
    • 6.7.1.1. Company Overview
    • 6.7.1.2. Financial Performance
    • 6.7.1.3. Product Benchmarking
  • 6.7.2. Sumitomo Electric Industries Ltd
    • 6.7.2.1. Company Overview
    • 6.7.2.2. Financial Performance
    • 6.7.2.3. Product Benchmarking
  • 6.7.3. HYOSUNG Advanced Materials
    • 6.7.3.1. Company Overview
    • 6.7.3.2. Financial Performance
    • 6.7.3.3. Product Benchmarking
  • 6.7.4. Henan Hengxing Science & Technology Co. Ltd
    • 6.7.4.1. Company Overview
    • 6.7.4.2. Financial Performance
    • 6.7.4.3. Product Benchmarking
  • 6.7.5. TOKUSEN KOGYO Co. Ltd
    • 6.7.5.1. Company Overview
    • 6.7.5.2. Financial Performance
    • 6.7.5.3. Product Benchmarking
  • 6.7.6. Jiangsu Xingda Steel Tyre Cord Co. Ltd
    • 6.7.6.1. Company Overview
    • 6.7.6.2. Financial Performance
    • 6.7.6.3. Product Benchmarking
  • 6.7.7. Bridgestone (Shenyang) Steelcord Co. Ltd
    • 6.7.7.1. Company Overview
    • 6.7.7.2. Financial Performance
    • 6.7.7.3. Product Benchmarking
  • 6.7.8. Kiswire Ltd
    • 6.7.8.1. Company Overview
    • 6.7.8.2. Financial Performance
    • 6.7.8.3. Product Benchmarking
  • 6.7.9. Qingdao HL Group Ltd
    • 6.7.9.1. Company Overview
    • 6.7.9.2. Financial Performance
    • 6.7.9.3. Product Benchmarking
  • 6.7.10. Shandong Xinhao Tire Materials Co. Ltd
    • 6.7.10.1. Company Overview
    • 6.7.10.2. Financial Performance
    • 6.7.10.3. Product Benchmarking