The Global Steel Cord Fabric Market was valued at USD 4.52 Billion in 2024 and is projected to reach USD 6.18 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period (2024–2030). This robust growth is primarily driven by rising demand from the automotive sector, specifically for high-performance radial tires, alongside increasing applications in industrial belts, hoses, and construction materials.

As global infrastructure development accelerates and vehicle production scales, the demand for durable, high-tensile reinforcement materials is surging. The steel cord fabric industry is at the heart of this expansion, providing the critical backbone for products requiring exceptional strength and longevity. In this blog, we profile the Top 10 Companies in the Global Steel Cord Fabric Industry—a group of established manufacturers and innovators shaping the future of material reinforcement.

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🔟 1. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: Steel cord for tires, Steel cord for Conveyor Belts, Hose Reinforcements

Bekaert is a world-leading supplier of steel cord and a pioneer in steel wire transformation and coating technologies. The company holds a significant global market share, supplying advanced steel cord fabrics to tire manufacturers and industrial clients worldwide. Its products are renowned for their superior strength, durability, and adhesion properties.

Innovation and Sustainability Initiatives:

• Investment in DriWire® technology for enhanced rubber adhesion

• Focus on developing eco-friendly production processes and recycling steel wire

• Global R&D centers dedicated to product innovation for lightweight and high-strength applications

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9️⃣ 2. Hyosung Corporation

Headquarters: Seoul, South Korea
Key Offering: Tire Cord Fabric (Nylon, Polyester, Steel), Advanced Materials

Hyosung Corporation is a major global player in the tire cord market, with a strong portfolio that includes high-quality steel cord fabrics. The company’s advanced materials division supplies leading tire makers, focusing on products that enhance tire performance, safety, and fuel efficiency.

Innovation and Sustainability Initiatives:

• Development of high-tenacity steel cords for ultra-high-performance tires

• Commitment to sustainable manufacturing and reducing the carbon footprint of its global operations

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8️⃣ 3. Kordsa

Headquarters: Istanbul, Turkey
Key Offering: Tire Reinforcement Materials (Steel Cord, Nylon, Polyester), Composite Technologies

Kordsa, part of the Sabancı Holding, is a leading technology company specializing in reinforcement and composite materials. Its steel cord fabrics are critical components for the tire and construction industries, known for their reliability and technical performance.

Innovation and Sustainability Initiatives:

• Global R&D network focused on material science innovations

• Emphasis on sustainable product development and circular economy principles

• Strategic expansions to strengthen its global supply chain presence

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Global Steel Cord Fabric Market – View in Detailed Research Report

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7️⃣ 4. Tokusen USA, Inc.

Headquarters: Conway, Arkansas, USA
Key Offering: Steel Tire Cord, Brass-Plated Steel Wire, High-Carbon Steel Wire

Tokusen USA is a prominent manufacturer of high-carbon steel wire and tire cord, serving the North American and global markets. The company is a key supplier to the automotive tire industry, providing materials that meet stringent quality and performance standards.

Innovation and Sustainability Initiatives:

• Continuous improvement in wire drawing and brass plating technologies

• Focus on quality control and certification to meet international automotive standards

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6️⃣ 5. Xingda International Holdings Limited

Headquarters: Hong Kong
Key Offering: Steel Tire Cord, Bead Wire, Hose Reinforcement Wire

Xingda International is one of the largest manufacturers of steel tire cord in China and a significant player globally. The company offers a comprehensive range of steel cord products for radial tires and other industrial applications, leveraging its extensive production capacity.

Innovation and Sustainability Initiatives:

• Substantial investment in expanding production capacity to meet growing demand

• Vertical integration strategy controlling processes from wire rod to finished cord

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5️⃣ 6. Jiangsu Xingda Steel Tyre Cord Co., Ltd.

Headquarters: Jingjiang, Jiangsu, China
Key Offering: Steel Cord for Radial Tires

As a core subsidiary of Xingda International, Jiangsu Xingda specializes in the production of high-quality steel cord for radial tires. It is a critical supplier to both domestic Chinese tire manufacturers and international clients, emphasizing cost-effectiveness and scale.

Innovation and Sustainability Initiatives:

• Focus on operational efficiency and large-scale, automated production

• Adherence to evolving international quality and environmental standards

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4️⃣ 7. Shandong SNTON Steel Cord Co., Ltd.

Headquarters: Shandong, China
Key Offering: Steel Tire Cord, Bead Wire

Shandong SNTON is a leading Chinese manufacturer of steel cord and bead wire. The company has established a strong reputation for producing dependable reinforcement materials that cater to the robust domestic tire industry and export markets.

Innovation and Sustainability Initiatives:

• Continuous technological upgrades to enhance product quality and production capacity

• Strategic focus on serving the growing automotive market in Asia and beyond

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3️⃣ 8. Kiswire Ltd.

Headquarters: Seoul, South Korea
Key Offering: Steel Wire Rope, Tire Cord, Prestressed Concrete Steel Wire

Kiswire is a global leader in steel wire rope and a significant manufacturer of high-quality tire cord. With a history spanning decades, the company is known for its engineering expertise and high-performance wire products used in demanding applications worldwide.

Innovation and Sustainability Initiatives:

• R&D focused on developing stronger and more durable steel cord variants

• Commitment to sustainable practices across its manufacturing footprint

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2️⃣ 9. Bridon-Bekaert The Ropes Group

Headquarters: Doncaster, United Kingdom
Key Offering: Advanced Steel Cord and Wire Rope Solutions

Formed from the merger of Bridon and Bekaert’s rope businesses, this group is a world-leading provider of advanced steel cord and wire rope solutions. While renowned for industrial ropes, its expertise in high-carbon steel cord is critical for specialized industrial applications beyond tires.

Innovation and Sustainability Initiatives:

• Pioneering development of high-performance cords for extreme environment applications

• Focus on safety, reliability, and reducing the lifecycle environmental impact of its products

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1️⃣ 10. Hengli High Fiber Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Steel Cord, PET Cord, Other Industrial Yarns

Hengli High Fiber is a diversified manufacturer of industrial yarns and cords, including steel cord fabrics. The company supplies materials for tire reinforcement and various industrial uses, leveraging its manufacturing prowess to compete effectively in the global market.

Innovation and Sustainability Initiatives:

• Diversification into multiple high-performance fiber and cord types

• Investment in modern production facilities to ensure product consistency and quality

Get Full Report Here:
Global Steel Cord Fabric Market – View in Detailed Research Report

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🏭 Outlook: The Future of Steel Cord Fabric Is Stronger and Smarter

The steel cord fabric market is evolving beyond its traditional role, driven by technological advancements and shifting industry demands. The focus is increasingly on developing lighter, stronger, and more sustainable reinforcement solutions that meet the needs of next-generation automobiles and industrial applications.

📈 Key Trends Shaping the Market:

• Growing demand for ultra-high-strength steel cord to enable lighter weight tires for electric vehicles (EVs)

• Expansion of radial tire penetration in emerging markets, fueling demand for steel cord

• Increased R&D in smart materials and coatings to improve cord-to-rubber adhesion and corrosion resistance

• Strategic vertical integration and partnerships among manufacturers to secure supply chains and reduce costs

Get Full Report Here:
Global Steel Cord Fabric Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials to global industries—they are driving innovation in material science to build a stronger, more efficient future.