WIRE ROD FOR STEEL CORD MARKET

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The $8.7 Billion Opportunity: Market

Snapshot

 Current Market Value: USD 8.7 Billion (2025)

 Growth Rate: 4.8% CAGR through 2032

Regional Dominance

 Asia-Pacific: 62% global market share

 China: Massive steel industry serving domestic and international markets

"The market's primary growth engine remains the automotive sector, where radial tires containing steel cord reinforcements account for 78% of the global tire market."

Regional Market Analysis: Where Opportunity Meets Growth

High-Value Market Segments

By Type

By Application

Normal Tensile (NT) Grade

High Tensile (HT) Grade

Super Tensile (ST) Grade

Ultra Tensile (UT) Grade

Tire Reinforcement

Conveyor Belts

Reinforced Hoses

Saw Wires

Other Industrial Uses

Competitive Intelligence: Strategic Positioning for Market Leadership

Baosteel
Tata Steel

Unlock the Complete Market Intelligence: Beyond

the numbers: Gain actionable intelligence

Comprehensive Analysis

Growth drivers and market restraints

Company Profiles Leading firms and strategies

Supply Chain

Raw material sourcing and dynamics

Regulatory Impact Assessment across key markets

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