Global Steel Wire Rope for Construction Machinery Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Steel Wire Rope for Construction Machinery market size was valued at US$ 6660 million in 2024 and is forecast to a readjusted size of USD 7977 million by 2031 with a CAGR of 2.5% during review period.
Steel wire rope for construction machinery is a rope material widely used in construction machinery. It is mainly used for hoisting, traction, fixing and other operations. This kind of steel wire rope is made of multiple strands of high-strength steel wire wound and braided through a specific process. It has high strength, toughness and wear resistance. It can select steel wire ropes of different specifications and structures according to different engineering needs to meet various complex engineering operation requirements.
In recent years, the global market for steel wire ropes for construction machinery has shown a steady growth trend. The growth momentum mainly comes from the infrastructure boom in the Asia-Pacific region. China's "Belt and Road" project and India's urban rail transit construction have driven a surge in demand. The European and American markets have benefited from the renovation and upgrading of old infrastructure, and the replacement cycle of steel wire ropes in application scenarios such as port machinery and mining equipment has been shortened. It is worth noting that the demand for high-strength and corrosion-resistant galvanized steel wire rope products is strong, reflecting the market's upgrading trend in product performance requirements.
On the market demand side, the expansion of global infrastructure investment scale is the main driving force. Data shows that the global infrastructure investment supply and demand gap will be at a level of about US$1 trillion or even higher every year in the future. The overall demand in the global infrastructure market is greater than the supply, giving rise to a large demand for construction machinery. On the technical side, material innovation has significantly improved product competitiveness. For example, the tensile strength of micro-alloyed steel wire has exceeded 2160MPa, which is 30% higher than traditional products. At the policy level, China and Europe and the United States have promoted clean energy infrastructure, and the demand for special steel wire ropes for wind power installation ships has increased year by year. In terms of supply chain, statistics from the World Steel Association show that the price of high-carbon steel wire rod will drop by 8% year-on-year in 2023, and the easing of raw material cost pressure will stimulate capacity expansion.
At the same time, the growth of the wire rope market also faces some constraints: First, synthetic fiber ropes have formed substitutions in specific fields, and polyester cables have gained a certain share in marine engineering. Secondly, international trade frictions have intensified, and the EU's anti-dumping duties on Chinese wire ropes have affected the export pattern. Stricter environmental regulations have also pushed up costs, and the European REACH regulations have increased corporate environmental protection investment by 20%. Future competition will focus on differentiated innovation. Companies need to build full industry chain capabilities from material research and development to terminal services, while paying attention to the infrastructure construction cycle in emerging markets such as Southeast Asia and the Middle East to seize the next round of growth opportunities.
This report is a detailed and comprehensive analysis for global Steel Wire Rope for Construction Machinery 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 Wire Rope for Construction Machinery market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope for Construction Machinery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope for Construction Machinery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope for Construction Machinery market shares of main players, shipments in revenue ($ 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 Wire Rope for Construction Machinery
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 Wire Rope for Construction Machinery 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 Wire Rope for Construction Machinery 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
Construction Engineering
Petrochemical Engineering
Electric Power Engineering
Port Logistics
Mining
Other
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 Wire Rope for Construction Machinery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Wire Rope for Construction Machinery, with price, sales quantity, revenue, and global market share of Steel Wire Rope for Construction Machinery from 2020 to 2025.
Chapter 3, the Steel Wire Rope for Construction Machinery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Wire Rope for Construction Machinery 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 Wire Rope for Construction Machinery 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 Wire Rope for Construction Machinery.
Chapter 14 and 15, to describe Steel Wire Rope for Construction Machinery sales channel, distributors, customers, research findings and conclusion.
Steel wire rope for construction machinery is a rope material widely used in construction machinery. It is mainly used for hoisting, traction, fixing and other operations. This kind of steel wire rope is made of multiple strands of high-strength steel wire wound and braided through a specific process. It has high strength, toughness and wear resistance. It can select steel wire ropes of different specifications and structures according to different engineering needs to meet various complex engineering operation requirements.
In recent years, the global market for steel wire ropes for construction machinery has shown a steady growth trend. The growth momentum mainly comes from the infrastructure boom in the Asia-Pacific region. China's "Belt and Road" project and India's urban rail transit construction have driven a surge in demand. The European and American markets have benefited from the renovation and upgrading of old infrastructure, and the replacement cycle of steel wire ropes in application scenarios such as port machinery and mining equipment has been shortened. It is worth noting that the demand for high-strength and corrosion-resistant galvanized steel wire rope products is strong, reflecting the market's upgrading trend in product performance requirements.
On the market demand side, the expansion of global infrastructure investment scale is the main driving force. Data shows that the global infrastructure investment supply and demand gap will be at a level of about US$1 trillion or even higher every year in the future. The overall demand in the global infrastructure market is greater than the supply, giving rise to a large demand for construction machinery. On the technical side, material innovation has significantly improved product competitiveness. For example, the tensile strength of micro-alloyed steel wire has exceeded 2160MPa, which is 30% higher than traditional products. At the policy level, China and Europe and the United States have promoted clean energy infrastructure, and the demand for special steel wire ropes for wind power installation ships has increased year by year. In terms of supply chain, statistics from the World Steel Association show that the price of high-carbon steel wire rod will drop by 8% year-on-year in 2023, and the easing of raw material cost pressure will stimulate capacity expansion.
At the same time, the growth of the wire rope market also faces some constraints: First, synthetic fiber ropes have formed substitutions in specific fields, and polyester cables have gained a certain share in marine engineering. Secondly, international trade frictions have intensified, and the EU's anti-dumping duties on Chinese wire ropes have affected the export pattern. Stricter environmental regulations have also pushed up costs, and the European REACH regulations have increased corporate environmental protection investment by 20%. Future competition will focus on differentiated innovation. Companies need to build full industry chain capabilities from material research and development to terminal services, while paying attention to the infrastructure construction cycle in emerging markets such as Southeast Asia and the Middle East to seize the next round of growth opportunities.
This report is a detailed and comprehensive analysis for global Steel Wire Rope for Construction Machinery 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 Wire Rope for Construction Machinery market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope for Construction Machinery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope for Construction Machinery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope for Construction Machinery market shares of main players, shipments in revenue ($ 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 Wire Rope for Construction Machinery
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 Wire Rope for Construction Machinery 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 Wire Rope for Construction Machinery 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
Construction Engineering
Petrochemical Engineering
Electric Power Engineering
Port Logistics
Mining
Other
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 Wire Rope for Construction Machinery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Wire Rope for Construction Machinery, with price, sales quantity, revenue, and global market share of Steel Wire Rope for Construction Machinery from 2020 to 2025.
Chapter 3, the Steel Wire Rope for Construction Machinery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Wire Rope for Construction Machinery 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 Wire Rope for Construction Machinery 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 Wire Rope for Construction Machinery.
Chapter 14 and 15, to describe Steel Wire Rope for Construction Machinery sales channel, distributors, customers, research findings and conclusion.
Table of Contents
149 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Steel Wire Rope for Construction Machinery 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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