Global Special Steel Wire Rope Market Growth 2025-2031
Description
The global Special Steel Wire Rope market size is predicted to grow from US$ 491 million in 2025 to US$ 632 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.
Special steel wire rope refers to special steel wire rope specially used in specific environment or field or important steel wire rope with high use requirements and complex use environment.
Standard ropes often do not meet the high requirements of many applications of wire ropes. Higher demands for rope lifetime, breaking strengths, rotational stability, flexibility, structural stability and spooling behavior can only be fulfilled by special wire ropes. It is for these reasons that many engineers and end users resort to special steel wire rope.
Government spending on the construction sector is enormous. There are many new government initiatives related to the construction sector, including initiatives to build new roads and bridges. The use of steel wire has grown with the construction of suspension bridges to improve infrastructure and connectivity. The roadway is supported by suspended steel cables and any load applied to the bridge causes stress on the steel cables. Because of their high tensile strength, flexibility, toughness under adverse conditions, and high resilience, these wires are used in suspension bridge cables. Steel wire is crucial for the production of viaducts, slabs, aqueducts, silos, suspensions, skyscrapers, river domes, railways, and nuclear reactors, as well as for the construction of railway sleepers and high-rise buildings. The demand for steel wire for these applications is likely to increase during the forecast period.
LP Information, Inc. (LPI) ' newest research report, the “Special Steel Wire Rope Industry Forecast” looks at past sales and reviews total world Special Steel Wire Rope sales in 2024, providing a comprehensive analysis by region and market sector of projected Special Steel Wire Rope sales for 2025 through 2031. With Special Steel Wire Rope sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Special Steel Wire Rope industry.
This Insight Report provides a comprehensive analysis of the global Special Steel 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 Special Steel Wire Rope portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Special Steel Wire Rope market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Special Steel 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 Special Steel Wire Rope.
This report presents a comprehensive overview, market shares, and growth opportunities of Special Steel Wire Rope market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Rotation Resistant
Non Rotation Resistant
Segmentation by Application:
Construction Machinery
Crane
Ships and Ports
Mining
Steel
Elevator
Traffic
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.
Drahtseilwerk Dietz
Kiswire Ltd
Pfeifer Seil-und Hebetechnik GmbH
Randers Reb
Special Steel Wire Ropes Ltd
Tokyo Rope Mfg
Verope
WireCo WorldGroup
Ningxia Xinri Hengli
Jiangsu Fasten
Guizhou Wire Rope CO.
Jiangsu Safety Wire Rope
Goldsun
Wuxi Tongyong Wire Cable
Jiangsu Langshan Wrie Rope
Juli Sling
Key Questions Addressed in this Report
What is the 10-year outlook for the global Special Steel Wire Rope market?
What factors are driving Special Steel Wire Rope market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Special Steel Wire Rope market opportunities vary by end market size?
How does Special Steel Wire Rope break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Special steel wire rope refers to special steel wire rope specially used in specific environment or field or important steel wire rope with high use requirements and complex use environment.
Standard ropes often do not meet the high requirements of many applications of wire ropes. Higher demands for rope lifetime, breaking strengths, rotational stability, flexibility, structural stability and spooling behavior can only be fulfilled by special wire ropes. It is for these reasons that many engineers and end users resort to special steel wire rope.
Government spending on the construction sector is enormous. There are many new government initiatives related to the construction sector, including initiatives to build new roads and bridges. The use of steel wire has grown with the construction of suspension bridges to improve infrastructure and connectivity. The roadway is supported by suspended steel cables and any load applied to the bridge causes stress on the steel cables. Because of their high tensile strength, flexibility, toughness under adverse conditions, and high resilience, these wires are used in suspension bridge cables. Steel wire is crucial for the production of viaducts, slabs, aqueducts, silos, suspensions, skyscrapers, river domes, railways, and nuclear reactors, as well as for the construction of railway sleepers and high-rise buildings. The demand for steel wire for these applications is likely to increase during the forecast period.
LP Information, Inc. (LPI) ' newest research report, the “Special Steel Wire Rope Industry Forecast” looks at past sales and reviews total world Special Steel Wire Rope sales in 2024, providing a comprehensive analysis by region and market sector of projected Special Steel Wire Rope sales for 2025 through 2031. With Special Steel Wire Rope sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Special Steel Wire Rope industry.
This Insight Report provides a comprehensive analysis of the global Special Steel 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 Special Steel Wire Rope portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Special Steel Wire Rope market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Special Steel 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 Special Steel Wire Rope.
This report presents a comprehensive overview, market shares, and growth opportunities of Special Steel Wire Rope market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Rotation Resistant
Non Rotation Resistant
Segmentation by Application:
Construction Machinery
Crane
Ships and Ports
Mining
Steel
Elevator
Traffic
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.
Drahtseilwerk Dietz
Kiswire Ltd
Pfeifer Seil-und Hebetechnik GmbH
Randers Reb
Special Steel Wire Ropes Ltd
Tokyo Rope Mfg
Verope
WireCo WorldGroup
Ningxia Xinri Hengli
Jiangsu Fasten
Guizhou Wire Rope CO.
Jiangsu Safety Wire Rope
Goldsun
Wuxi Tongyong Wire Cable
Jiangsu Langshan Wrie Rope
Juli Sling
Key Questions Addressed in this Report
What is the 10-year outlook for the global Special Steel Wire Rope market?
What factors are driving Special Steel Wire Rope market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Special Steel Wire Rope market opportunities vary by end market size?
How does Special Steel Wire Rope break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
142 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Special Steel Wire Rope by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Special Steel Wire Rope by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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