The global steel wire rope market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for steel wire ropes in various industries such as industrial and crane, oil and gas, mining, fishing & marine applications. The increasing demand for steel wire ropes in these industries is due to their high strength-to-weight ratio and low cost per unit weight when compared with other materials such as fiberglass or polyester ropes. The left regular lay segment accounted for the largest share of the global steel wire rope market in 2017 owing to its high tensile strength and low cost per unit weight when compared with other types of wires used in cable construction such as polyester or fiberglass cables. This segment is also expected to grow at a higher CAGR during the forecast period due to its wide application scope across various industries including industrial & crane, oil & gas, mining, fishing & marine applications.
Some Of The Growth Factors Of This Market:
- Increasing demand for steel wire rope in the construction industry.
- Increasing demand for steel wire rope in the mining industry.
- Increasing demand for steel wire rope in the oil and gas industry.
- Rising need to replace aging infrastructure.
- Growing need to replace aging infrastructure.
Industry Growth Insights published a new data on “Steel Wire Rope Market”. The research report is titled “Steel Wire Rope Market research by Types (Left Regular Lay, Left Lang Lay, Right Regular Lay, Right Lang Lay, Alternate Lay), By Applications (Industrial & Crane, Oil & Gas, Mining, Fishing & Marine, Others), By Players/Companies WireCo World Group, Tokyo Rope, Kiswire, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Usha Martin, Bekaert, Xinri Hengli, Bridon, Juli Sling, Jiangsu Shenwang, Shinko, Xianyang Bamco, DSR, Jiangsu Safety, Gustav Wolf , Ansteel Wire Rope, YoungHeung, PFEIFER, Teufelberger, Hubei Fuxing, Redaelli, Haggie, DIEPA, Brugg”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Wire Rope Market Research Report
By Type
Left Regular Lay, Left Lang Lay, Right Regular Lay, Right Lang Lay, Alternate Lay
By Application
Industrial & Crane, Oil & Gas, Mining, Fishing & Marine, Others
By Companies
WireCo World Group, Tokyo Rope, Kiswire, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Usha Martin, Bekaert, Xinri Hengli, Bridon, Juli Sling, Jiangsu Shenwang, Shinko, Xianyang Bamco, DSR, Jiangsu Safety, Gustav Wolf , Ansteel Wire Rope, YoungHeung, PFEIFER, Teufelberger, Hubei Fuxing, Redaelli, Haggie, DIEPA, Brugg
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Steel Wire Rope Market Report Segments:
The global Steel Wire Rope market is segmented on the basis of:
Types
Left Regular Lay, Left Lang Lay, Right Regular Lay, Right Lang Lay, Alternate Lay
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial & Crane, Oil & Gas, Mining, Fishing & Marine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WireCo World Group
- Tokyo Rope
- Kiswire
- Jiangsu Langshan
- Guizhou Wire Rope
- Fasten Group
- Usha Martin
- Bekaert
- Xinri Hengli
- Bridon
- Juli Sling
- Jiangsu Shenwang
- Shinko
- Xianyang Bamco
- DSR
- Jiangsu Safety
- Gustav WolfÂ
- Ansteel Wire Rope
- YoungHeung
- PFEIFER
- Teufelberger
- Hubei Fuxing
- Redaelli
- Haggie
- DIEPA
- Brugg
Highlights of The Steel Wire Rope Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Left Regular Lay
- Left Lang Lay
- Right Regular Lay
- Right Lang Lay
- Alternate Lay
- By Application:
- Industrial & Crane
- Oil & Gas
- Mining
- Fishing & Marine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steel Wire Rope Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Steel wire rope is a type of rope made from steel wires that are twisted together. It is strong and can hold up to a lot of weight, making it perfect for use in construction or other applications where durability is important.
Some of the key players operating in the steel wire rope market are WireCo World Group, Tokyo Rope, Kiswire, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Usha Martin, Bekaert, Xinri Hengli, Bridon, Juli Sling, Jiangsu Shenwang, Shinko, Xianyang Bamco, DSR, Jiangsu Safety, Gustav Wolf‚Â , Ansteel Wire Rope, YoungHeung, PFEIFER, Teufelberger, Hubei Fuxing, Redaelli, Haggie, DIEPA, Brugg.
The steel wire rope market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Wire Rope Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steel Wire Rope Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Wire Rope Market - Supply Chain
4.5. Global Steel Wire Rope Market Forecast
4.5.1. Steel Wire Rope Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Wire Rope Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Wire Rope Market Absolute $ Opportunity
5. Global Steel Wire Rope Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steel Wire Rope Market Size and Volume Forecast by Type
5.3.1. Left Regular Lay
5.3.2. Left Lang Lay
5.3.3. Right Regular Lay
5.3.4. Right Lang Lay
5.3.5. Alternate Lay
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Wire Rope Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steel Wire Rope Market Size and Volume Forecast by Application
6.3.1. Industrial & Crane
6.3.2. Oil & Gas
6.3.3. Mining
6.3.4. Fishing & Marine
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Wire Rope Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steel Wire Rope Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steel Wire Rope Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steel Wire Rope Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steel Wire Rope Demand Share Forecast, 2019-2026
9. North America Steel Wire Rope Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steel Wire Rope Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steel Wire Rope Market Size and Volume Forecast by Application
9.4.1. Industrial & Crane
9.4.2. Oil & Gas
9.4.3. Mining
9.4.4. Fishing & Marine
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Wire Rope Market Size and Volume Forecast by Type
9.7.1. Left Regular Lay
9.7.2. Left Lang Lay
9.7.3. Right Regular Lay
9.7.4. Right Lang Lay
9.7.5. Alternate Lay
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steel Wire Rope Demand Share Forecast, 2019-2026
10. Latin America Steel Wire Rope Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steel Wire Rope Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steel Wire Rope Market Size and Volume Forecast by Application
10.4.1. Industrial & Crane
10.4.2. Oil & Gas
10.4.3. Mining
10.4.4. Fishing & Marine
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Wire Rope Market Size and Volume Forecast by Type
10.7.1. Left Regular Lay
10.7.2. Left Lang Lay
10.7.3. Right Regular Lay
10.7.4. Right Lang Lay
10.7.5. Alternate Lay
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steel Wire Rope Demand Share Forecast, 2019-2026
11. Europe Steel Wire Rope Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steel Wire Rope Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steel Wire Rope Market Size and Volume Forecast by Application
11.4.1. Industrial & Crane
11.4.2. Oil & Gas
11.4.3. Mining
11.4.4. Fishing & Marine
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Wire Rope Market Size and Volume Forecast by Type
11.7.1. Left Regular Lay
11.7.2. Left Lang Lay
11.7.3. Right Regular Lay
11.7.4. Right Lang Lay
11.7.5. Alternate Lay
11.8. Bsis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steel Wire Rope Demand Share, 2019-2026
12. Asia Pacific Steel Wire Rope Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steel Wire Rope Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steel Wire Rope Market Size and Volume Forecast by Application
12.4.1. Industrial & Crane
12.4.2. Oil & Gas
12.4.3. Mining
12.4.4. Fishing & Marine
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Wire Rope Market Size and Volume Forecast by Type
12.7.1. Left Regular Lay
12.7.2. Left Lang Lay
12.7.3. Right Regular Lay
12.7.4. Right Lang Lay
12.7.5. Alternate Lay
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steel Wire Rope Demand Share, 2019-2026
13. Middle East & Africa Steel Wire Rope Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steel Wire Rope Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steel Wire Rope Market Size and Volume Forecast by Application
13.4.1. Industrial & Crane
13.4.2. Oil & Gas
13.4.3. Mining
13.4.4. Fishing & Marine
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Wire Rope Market Size and Volume Forecast by Type
13.7.1. Left Regular Lay
13.7.2. Left Lang Lay
13.7.3. Right Regular Lay
13.7.4. Right Lang Lay
13.7.5. Alternate Lay
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steel Wire Rope Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Wire Rope Market: Market Share Analysis
14.2. Steel Wire Rope Distributors and Customers
14.3. Steel Wire Rope Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. WireCo World Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tokyo Rope
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kiswire
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jiangsu Langshan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Guizhou Wire Rope
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fasten Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Usha Martin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bekaert
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xinri Hengli
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bridon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Juli Sling
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jiangsu Shenwang
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shinko
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xianyang Bamco
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. DSR
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiangsu Safety
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gustav Wolf
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Ansteel Wire Rope
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. YoungHeung
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. PFEIFER
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook