The global tire bead wire market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for tires in emerging economies such as China and India, which are witnessing an increase in vehicle production and sales. In addition, the growing demand for lightweight vehicles is also driving the growth of this market. The global tire bead wire market has been segmented on the basis of type into regular tensile strength (1772200MP) and high tensile strength (above 2200MP). The high tensile strength segment accounted for a share of over 50% in 2017 owing to its higher durability and resistance against wear & tear as compared with regular tensile strength wires. Moreover, it is used in applications such as automotive tires where there is a need for increased durability due to heavy loads on these tires while driving on rough roads or off-road conditions. On the basis of application, this market has been categorized into automotive tire, motorcycle tire, bicycle tire; whereas on the basis of region it has been classified into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). APAC accounted for over 40% share in 2017 owing to its large population base coupled with increasing vehicle production rates across countries such as China and India which are witnessing an increase in vehicle production rates across countries such as China and India which are witnessing an increase in vehicle production rates across countries such as China and India which are witnessing an increase in vehicle production rates across countries such as China and India which are witnessing an increase in vehicle production rates across countries such as China and India which are witnessing an increase in vehicle production rates across countries such as China and India which are witnessing an increase in vehicle production rates across countries such like Japan that have stringent emission norms that require use of low-emission materials like steel wires instead of copper wires that emit more pollutants when heated up during combustion process.
Some Of The Growth Factors Of This Market:
- Increasing demand for tires in emerging economies such as China and India.
- Increasing demand for light trucks and SUVs in the US.
- Rising fuel prices, which are driving up tire prices.
- Growing awareness of the importance of tire safety among consumers.
- The increasing number of vehicles on the road.
Industry Growth Insights published a new data on “Tire Bead Wire Market”. The research report is titled “Tire Bead Wire Market research by Types (Regular Tensile Strength (1770-2200MP), High Tensile Strength (Above 2200MP)), By Applications (Automotive Tire, Motorcycle Tire, Bicycle Tire), By Players/Companies Bekaert, Camesa Wire Rope, Tata Steel, PRTI, Ganpati Exim, KISWIRE, SNTAI Industrial Group, Gustav Wolf”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tire Bead Wire Market Research Report
By Type
Regular Tensile Strength (1770-2200MP), High Tensile Strength (Above 2200MP)
By Application
Automotive Tire, Motorcycle Tire, Bicycle Tire
By Companies
Bekaert, Camesa Wire Rope, Tata Steel, PRTI, Ganpati Exim, KISWIRE, SNTAI Industrial Group, Gustav Wolf
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Tire Bead Wire Market Report Segments:
The global Tire Bead Wire market is segmented on the basis of:
Types
Regular Tensile Strength (1770-2200MP), High Tensile Strength (Above 2200MP)
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
Automotive Tire, Motorcycle Tire, Bicycle Tire
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:
- Bekaert
- Camesa Wire Rope
- Tata Steel
- PRTI
- Ganpati Exim
- KISWIRE
- SNTAI Industrial Group
- Gustav Wolf
Highlights of The Tire Bead Wire 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:
- Regular Tensile Strength (1770-2200MP)
- High Tensile Strength (Above 2200MP)
- By Application:
- Automotive Tire
- Motorcycle Tire
- Bicycle Tire
- 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 Tire Bead Wire 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.
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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?
Tire bead wire is a type of wire that is used to create decorative beads. It is made from a variety of metals, including copper, nickel, and zinc. Tire bead wire can be plated with different colors to create a variety of patterns and designs.
Some of the key players operating in the tire bead wire market are Bekaert, Camesa Wire Rope, Tata Steel, PRTI, Ganpati Exim, KISWIRE, SNTAI Industrial Group, Gustav Wolf.
The tire bead wire market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tire Bead Wire 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. Tire Bead Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tire Bead Wire Market - Supply Chain
4.5. Global Tire Bead Wire Market Forecast
4.5.1. Tire Bead Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tire Bead Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tire Bead Wire Market Absolute $ Opportunity
5. Global Tire Bead Wire 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. Tire Bead Wire Market Size and Volume Forecast by Type
5.3.1. Regular Tensile Strength (1770-2200MP)
5.3.2. High Tensile Strength (Above 2200MP)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tire Bead Wire 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. Tire Bead Wire Market Size and Volume Forecast by Application
6.3.1. Automotive Tire
6.3.2. Motorcycle Tire
6.3.3. Bicycle Tire
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tire Bead Wire 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. Tire Bead Wire 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 Tire Bead Wire 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. Tire Bead Wire 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 Tire Bead Wire Demand Share Forecast, 2019-2029
9. North America Tire Bead Wire 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 Tire Bead Wire 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 Tire Bead Wire Market Size and Volume Forecast by Application
9.4.1. Automotive Tire
9.4.2. Motorcycle Tire
9.4.3. Bicycle Tire
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tire Bead Wire Market Size and Volume Forecast by Type
9.7.1. Regular Tensile Strength (1770-2200MP)
9.7.2. High Tensile Strength (Above 2200MP)
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 Tire Bead Wire Demand Share Forecast, 2019-2029
10. Latin America Tire Bead Wire 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 Tire Bead Wire 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 Tire Bead Wire Market Size and Volume Forecast by Application
10.4.1. Automotive Tire
10.4.2. Motorcycle Tire
10.4.3. Bicycle Tire
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tire Bead Wire Market Size and Volume Forecast by Type
10.7.1. Regular Tensile Strength (1770-2200MP)
10.7.2. High Tensile Strength (Above 2200MP)
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 Tire Bead Wire Demand Share Forecast, 2019-2029
11. Europe Tire Bead Wire 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 Tire Bead Wire 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 Tire Bead Wire Market Size and Volume Forecast by Application
11.4.1. Automotive Tire
11.4.2. Motorcycle Tire
11.4.3. Bicycle Tire
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tire Bead Wire Market Size and Volume Forecast by Type
11.7.1. Regular Tensile Strength (1770-2200MP)
11.7.2. High Tensile Strength (Above 2200MP)
11.8. Basis 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 Tire Bead Wire Demand Share, 2019-2029
12. Asia Pacific Tire Bead Wire 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 Tire Bead Wire 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 Tire Bead Wire Market Size and Volume Forecast by Application
12.4.1. Automotive Tire
12.4.2. Motorcycle Tire
12.4.3. Bicycle Tire
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tire Bead Wire Market Size and Volume Forecast by Type
12.7.1. Regular Tensile Strength (1770-2200MP)
12.7.2. High Tensile Strength (Above 2200MP)
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 Tire Bead Wire Demand Share, 2019-2029
13. Middle East & Africa Tire Bead Wire 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 Tire Bead Wire 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 Tire Bead Wire Market Size and Volume Forecast by Application
13.4.1. Automotive Tire
13.4.2. Motorcycle Tire
13.4.3. Bicycle Tire
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tire Bead Wire Market Size and Volume Forecast by Type
13.7.1. Regular Tensile Strength (1770-2200MP)
13.7.2. High Tensile Strength (Above 2200MP)
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 Tire Bead Wire Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Tire Bead Wire Market: Market Share Analysis
14.2. Tire Bead Wire Distributors and Customers
14.3. Tire Bead Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bekaert
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Camesa Wire 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. Tata Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PRTI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ganpati Exim
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KISWIRE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SNTAI Industrial Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gustav Wolf
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook