Global Steel Core Wire Rope Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Steel Core Wire Rope market size was valued at US$ 5807 million in 2024 and is forecast to a readjusted size of USD 7278 million by 2031 with a CAGR of 3.2% during review period.
Steel core wire rope is a special kind of rope, mainly made of metal wire. Its characteristic is that it uses a steel core as the skeleton, and a layer of steel wire is wrapped around the steel core to form a complete steel core wire rope. This structure makes steel core wire rope widely used in the fields of hoisting, traction, hoisting and rope traction, especially in industrial fields such as heavy machinery, ports, construction, bridges and ships, and its role is particularly significant.
The metal core steel wire rope market will show a steady growth trend in the future, mainly driven by the demand of industries such as infrastructure construction, industrial manufacturing, mining, marine engineering and high-rise buildings. With the development of the global economy and the acceleration of urbanization, especially in the Asia-Pacific region and emerging market countries, the increase in large-scale engineering projects and high-rise buildings has led to an increasing demand for high-strength and fatigue-resistant steel wire ropes. In addition, the promotion of automated and intelligent lifting equipment has also promoted the development of the metal core steel wire rope market. The increase in global mining depth (some metal mines have a mining depth of more than 1,500 meters) and the trend of large-scale ports have given rise to a rigid demand for high-strength steel wire ropes. Compared with traditional fiber-core steel wire ropes, metal core steel wire ropes have higher load-bearing capacity, better compression resistance and heat resistance, and have more competitive advantages in high-load, extreme environment and long-life application scenarios. On the technical side, breakthroughs in micro-alloying treatment technology have increased the breaking tension of metal core steel wire ropes to more than 2,500 MPa, while reducing their own weight by 12%-15%. At the policy level, the EU's "Industrial Strategy 2030" requires that the safety factor of lifting equipment be increased from 5.0 to 6.0, which directly stimulates the demand for high-end products. Therefore, the application demand in areas such as port loading and unloading equipment, wind power hoisting and offshore drilling platforms is expected to continue to increase, driving market growth.
At the same time, the tightening of environmental regulations and sustainable development goals also have a profound impact on the metal core wire rope market. With the advancement of global carbon neutrality policies, the steel industry is facing the pressure of green transformation. Reducing carbon emissions and increasing material recycling rates during production have become the focus of industry attention. Enterprises need to continuously optimize production processes, improve energy efficiency, and use environmentally friendly lubricants and anti-corrosion coatings to meet strict environmental standards. Overall, the metal core wire rope market will continue to develop in the direction of high performance and sustainability driven by multiple factors such as infrastructure construction needs, technological innovation, and environmental protection policies.
This report is a detailed and comprehensive analysis for global Steel Core Wire Rope 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 Core Wire Rope market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Core Wire Rope market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Core Wire Rope market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Core Wire Rope market shares of main players, shipments in revenue ($ 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 Core Wire Rope
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 Core Wire Rope 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 Kiswire, Bridon-Bekaert, WireCo World Group, Usha Martin, Jiangsu langshan Wrie Rope, Teufelberger, Guizhou steel rope, DSR Wire, Tokyo Rope, Brugg, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Steel Core Wire Rope 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
Right Regular Lay
Right Lang Lay
Left Regular Lay
Left Lang Lay
Market segment by Application
Industrial and Cranes
Oil & Gas
Mining
Fisheries and Oceans
Others
Major players covered
Kiswire
Bridon-Bekaert
WireCo World Group
Usha Martin
Jiangsu langshan Wrie Rope
Teufelberger
Guizhou steel rope
DSR Wire
Tokyo Rope
Brugg
Jiangsu Juliwire Rope
Xianyang BOMCO Steel Tube＆Wirerope
Kobelco Wire
SAFETY
JULI SLING
Golik Holdings
Gustav Wolf
Jiangsu Shenwang group
Zhongying steel rope
Valin Precision
Hubei Fuxing Technology
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 Core Wire Rope product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Core Wire Rope, with price, sales quantity, revenue, and global market share of Steel Core Wire Rope from 2020 to 2025.
Chapter 3, the Steel Core Wire Rope competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Core Wire Rope 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 Core Wire Rope 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 Core Wire Rope.
Chapter 14 and 15, to describe Steel Core Wire Rope sales channel, distributors, customers, research findings and conclusion.
Steel core wire rope is a special kind of rope, mainly made of metal wire. Its characteristic is that it uses a steel core as the skeleton, and a layer of steel wire is wrapped around the steel core to form a complete steel core wire rope. This structure makes steel core wire rope widely used in the fields of hoisting, traction, hoisting and rope traction, especially in industrial fields such as heavy machinery, ports, construction, bridges and ships, and its role is particularly significant.
The metal core steel wire rope market will show a steady growth trend in the future, mainly driven by the demand of industries such as infrastructure construction, industrial manufacturing, mining, marine engineering and high-rise buildings. With the development of the global economy and the acceleration of urbanization, especially in the Asia-Pacific region and emerging market countries, the increase in large-scale engineering projects and high-rise buildings has led to an increasing demand for high-strength and fatigue-resistant steel wire ropes. In addition, the promotion of automated and intelligent lifting equipment has also promoted the development of the metal core steel wire rope market. The increase in global mining depth (some metal mines have a mining depth of more than 1,500 meters) and the trend of large-scale ports have given rise to a rigid demand for high-strength steel wire ropes. Compared with traditional fiber-core steel wire ropes, metal core steel wire ropes have higher load-bearing capacity, better compression resistance and heat resistance, and have more competitive advantages in high-load, extreme environment and long-life application scenarios. On the technical side, breakthroughs in micro-alloying treatment technology have increased the breaking tension of metal core steel wire ropes to more than 2,500 MPa, while reducing their own weight by 12%-15%. At the policy level, the EU's "Industrial Strategy 2030" requires that the safety factor of lifting equipment be increased from 5.0 to 6.0, which directly stimulates the demand for high-end products. Therefore, the application demand in areas such as port loading and unloading equipment, wind power hoisting and offshore drilling platforms is expected to continue to increase, driving market growth.
At the same time, the tightening of environmental regulations and sustainable development goals also have a profound impact on the metal core wire rope market. With the advancement of global carbon neutrality policies, the steel industry is facing the pressure of green transformation. Reducing carbon emissions and increasing material recycling rates during production have become the focus of industry attention. Enterprises need to continuously optimize production processes, improve energy efficiency, and use environmentally friendly lubricants and anti-corrosion coatings to meet strict environmental standards. Overall, the metal core wire rope market will continue to develop in the direction of high performance and sustainability driven by multiple factors such as infrastructure construction needs, technological innovation, and environmental protection policies.
This report is a detailed and comprehensive analysis for global Steel Core Wire Rope 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 Core Wire Rope market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Core Wire Rope market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Core Wire Rope market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Core Wire Rope market shares of main players, shipments in revenue ($ 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 Core Wire Rope
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 Core Wire Rope 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 Kiswire, Bridon-Bekaert, WireCo World Group, Usha Martin, Jiangsu langshan Wrie Rope, Teufelberger, Guizhou steel rope, DSR Wire, Tokyo Rope, Brugg, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Steel Core Wire Rope 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
Right Regular Lay
Right Lang Lay
Left Regular Lay
Left Lang Lay
Market segment by Application
Industrial and Cranes
Oil & Gas
Mining
Fisheries and Oceans
Others
Major players covered
Kiswire
Bridon-Bekaert
WireCo World Group
Usha Martin
Jiangsu langshan Wrie Rope
Teufelberger
Guizhou steel rope
DSR Wire
Tokyo Rope
Brugg
Jiangsu Juliwire Rope
Xianyang BOMCO Steel Tube＆Wirerope
Kobelco Wire
SAFETY
JULI SLING
Golik Holdings
Gustav Wolf
Jiangsu Shenwang group
Zhongying steel rope
Valin Precision
Hubei Fuxing Technology
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 Core Wire Rope product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Core Wire Rope, with price, sales quantity, revenue, and global market share of Steel Core Wire Rope from 2020 to 2025.
Chapter 3, the Steel Core Wire Rope competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Core Wire Rope 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 Core Wire Rope 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 Core Wire Rope.
Chapter 14 and 15, to describe Steel Core Wire Rope sales channel, distributors, customers, research findings and conclusion.
Table of Contents
146 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Steel Core Wire Rope by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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