Global Metal Core Wire Rope Market Growth 2025-2031

The global Metal Core Wire Rope market size is predicted to grow from US$ 5737 million in 2025 to US$ 6999 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

Metal core wire rope is a kind of wire rope with metal material as the inner core. Its core is usually composed of steel wire rope strands or independent steel wire ropes. Compared with fiber core wire rope, it has higher strength, rigidity and heat resistance. The metal core structure can provide better compression resistance and fatigue resistance, so that it has a longer service life under heavy load, high temperature or complex environment. Therefore, it is widely used in lifting machinery, mining, port hoisting, bridge construction and marine engineering. In addition, the metal core can effectively prevent rope deformation, improve overall stability, and ensure the safety and reliability of wire rope in high-intensity operations.

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.

LP Information, Inc. (LPI) ' newest research report, the “Metal Core Wire Rope Industry Forecast” looks at past sales and reviews total world Metal Core Wire Rope sales in 2024, providing a comprehensive analysis by region and market sector of projected Metal Core Wire Rope sales for 2025 through 2031. With Metal Core Wire Rope sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Core Wire Rope industry.

This Insight Report provides a comprehensive analysis of the global Metal Core Wire Rope landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metal Core Wire Rope portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Metal Core Wire Rope market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Core Wire Rope and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metal Core Wire Rope.

This report presents a comprehensive overview, market shares, and growth opportunities of Metal Core Wire Rope market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Right Regular Lay
Right Lang Lay
Left Regular Lay
Left Lang Lay

Segmentation by Application:
Industrial & Crane
Oil & Gas
Mining
Fishing & Marine
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Metal Core Wire Rope market?

What factors are driving Metal Core Wire Rope market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Metal Core Wire Rope market opportunities vary by end market size?

How does Metal Core Wire Rope break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.