The Global Hose Wire Market was valued at USD 557.6 Million in 2022 and is projected to reach USD 668.3 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.6% during the forecast period (2023–2029). This steady growth is primarily driven by escalating demand from the heavy industry and construction machinery sectors, alongside continuous innovation in high-tensile steel wire manufacturing for enhanced hose performance and durability.

As industrial and construction activities intensify globally, the critical component ensuring the safety and reliability of high-pressure hydraulic systems is the reinforcement wire within hoses. In this blog, we profile the Top 10 Companies in the Hose Wire Industry—a mix of global steel specialists, advanced material producers, and regional leaders shaping the backbone of fluid power systems worldwide.

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🔟 1. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: High-carbon steel hose reinforcement wire, Brass-coated steel cord

Bekaert is the undisputed global leader in the hose wire market, holding a commanding market share of over 20%. The company specializes in advanced steel wire transformation and coating technologies, supplying high-tensile strength wire that is essential for manufacturing braided and spiral hydraulic hoses used in demanding applications.

Innovation and Market Focus:

• Pioneering brass-coated steel cord for superior rubber adhesion

• Significant investments in R&D for next-generation high-strength wires

• Global production footprint supplying major hydraulic hose manufacturers worldwide

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Hose Wire Market – View in Detailed Research Report

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9️⃣ 2. KIS Wire Ltd.

Headquarters: Seoul, South Korea
Key Offering: Steel tire cord and hose wire, High-tensile strength steel wires

KIS Wire is a major South Korean steel wire manufacturer with a strong presence in the global hose reinforcement market. The company’s product portfolio includes a range of high-performance wires designed to meet the rigorous standards of the automotive and industrial hose sectors.

Innovation and Market Focus:

• Advanced wire drawing and processing technologies

• Focus on producing wires with tensile strengths exceeding 2800 MPa

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8️⃣ 3. Shandong Daye Co., Ltd.

Headquarters: Shandong, China
Key Offering: Hose reinforcement wire, Steel cord for tires

Shandong Daye is a prominent Chinese manufacturer of steel cord and hose wire, serving both domestic and international markets. The company has established itself as a key supplier in the Asia-Pacific region, leveraging cost-effective production capabilities and scalable output.

Innovation and Market Focus:

• Expansion of production capacity to meet growing global demand

• Focus on quality improvement to compete in international markets

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7️⃣ 4. Hyosung Advanced Materials

Headquarters: Seoul, South Korea
Key Offering: Tire cord, Hose reinforcement wire, Advanced materials

Hyosung Advanced Materials is a division of the Hyosung Group, a Korean industrial conglomerate. The company is a significant player in the high-performance materials sector, producing hose wire that meets the stringent requirements for pressure resistance and flexibility in industrial applications.

Innovation and Market Focus:

• Investment in research for lightweight, high-strength materials

• Strategic focus on the automotive and heavy equipment industries

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Hose Wire Market – View in Detailed Research Report

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6️⃣ 5. Henan Hengxing Science & Technology Co., Ltd.

Headquarters: Henan, China
Key Offering: Galvanized steel wire, Steel cord, Hose reinforcement wire

Henan Hengxing is a leading Chinese manufacturer specializing in various types of steel wire products. The company has a robust manufacturing base and supplies hose reinforcement wire to a growing number of hydraulic hose producers within China and for export markets.

Innovation and Market Focus:

• Vertical integration from steel making to wire drawing

• Cost-competitive production for price-sensitive market segments

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5️⃣ 6. BMZ Group

Headquarters: Karlstein am Main, Germany
Key Offering: Battery technology, Specialized steel wires

While primarily known for battery systems, BMZ Group also has expertise in specialized steel wire products. The company’s technical capabilities allow it to serve niche segments within the hose wire market, particularly for applications requiring custom specifications.

Innovation and Market Focus:

• Application of material science expertise across different product lines

• Focus on high-quality, precision-engineered wire solutions

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4️⃣ 7. Sunnywell International

Headquarters: Tianjin, China
Key Offering: Hose wire, Wire ropes, Steel strands

Sunnywell International is a Chinese manufacturer and exporter of various steel wire products, including hose reinforcement wire. The company has built a reputation for reliability and serves customers in multiple international markets, contributing to the global supply chain for industrial hoses.

Innovation and Market Focus:

• Export-oriented business model with a global distribution network

• Competitive pricing strategy for volume-driven markets

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3️⃣ 8. Sumin Metals

Headquarters: Hyogo Prefecture, Japan
Key Offering: Specialty steel wires, Hose reinforcement materials

Sumin Metals is a Japanese company known for its high-quality specialty steel wires. The company caters to demanding industrial applications where precision and reliability are paramount, making it a preferred supplier for high-performance hydraulic hose manufacturers.

Innovation and Market Focus:

• Emphasis on ultra-high tensile strength and consistency

• Strong focus on research and development for advanced wire properties

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2️⃣ 9. Tokyo Rope Mfg. Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Steel wires, wire ropes, Hose reinforcement wire

Tokyo Rope is a longstanding Japanese manufacturer with deep expertise in wire and cable technology. The company’s extensive experience in producing high-strength steel products translates into reliable hose wire used in critical industrial and machinery applications.

Innovation and Market Focus:

• Legacy of quality and technological innovation since 1887

• Focus on premium segments requiring exceptional durability and performance

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1️⃣ 10. Aokai Metal

Headquarters: Hebei, China
Key Offering: Galvanized steel wire, Hose wire, Steel strand

Aokai Metal is a significant Chinese producer of steel wire products, including materials used for hose reinforcement. The company benefits from China’s extensive steel production infrastructure and serves both domestic hydraulic hose manufacturers and international clients.

Innovation and Market Focus:

• Efficient, large-scale production capabilities

• Growing focus on improving product quality to access higher-value markets

Get Full Report Here:
Hose Wire Market – View in Detailed Research Report

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🏭 Outlook: The Future of Hose Wire Is Stronger and Smarter

The hose wire market is evolving in response to broader industrial trends. While standard high-tensile wires dominate current volume, manufacturers are increasingly investing in advanced alloy compositions and precision manufacturing processes to meet the demands of next-generation hydraulic systems.

📈 Key Trends Shaping the Market:

• Rising demand for hoses capable of withstanding ultra-high pressures in construction and mining equipment

• Development of corrosion-resistant coatings for extended hose lifespan in harsh environments

• Integration of smart manufacturing and quality control technologies in wire production

• Growing emphasis on supply chain resilience and regional manufacturing hubs

Get Full Report Here:
Hose Wire Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial component—they are enabling the safety, efficiency, and reliability of machinery and systems that power global economic activity.