Tyre Bead wire is the steel wire made of high-carbon steel whose surface is plated with brass or bronze. It has a high strength, a good flexibility, a supreme fatigue property and an excellent linearity, which can be adhered to the rubber easily, and is mainly used in the tyre bead as the reinforcing materials. This product prevents tyre from changing shape due to air pressure or external forces. It is widely used in Bicycle & Motorcycle Tyre, Passenger Car Tyre, Light Truck Tyre, Truck & Bus Tyre, Plane Tyre etc.
Market Analysis and Insights: Global Bead Wire Market
Due to the COVID-19 pandemic, the global Bead Wire market size is estimated to be worth US$ 953.6 million in 2022 and is forecast to a readjusted size of US$ 1000.3 million by 2028 with a CAGR of 0.8% during the review period. Fully considering the economic change by this health crisis, 0.78~1.60 mm accounting for % of the Bead Wire global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Radial Tire segment is altered to an % CAGR throughout this forecast period.
The main manufacturers of bead wire include Bekaert, Kiswire, Xingda, Hyosung and Rajratan. The top three companies account for more than 55% of the market.
China is the main market, accounting for about 60%, followed by Europe at about 15%.
In terms of production side, this report researches the Bead Wire capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Bead Wire by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Bead Wire Scope and Segment
Bead Wire market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Bead Wire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
0.78~1.60 mm
1.65~1.83 mm
Above 1.83 mm
Segment by Application
Radial Tire
Bias Tire
By Company
Bekaert
Kiswire
Hyosung
Rajratan
Heico Wire Group
TATA Steel
WireCo WorldGroup
Shandong Daye
Langgeng Bajapratama, PT
Xingda
Snton
Guizhou Wire Rope
King Industrial
Shengda Steel Co., Ltd.
Hubei Fuxing Science and Technology ., Ltd.
Zibo Chuangda Industry Co.,Ltd.
Zhejiang Tianlun Steel Wire Co., Ltd.
Tokyo Rope Mfg.Co.,
Production by Region
North America
Europe
China
Asia (Ex. China)
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E