The Global Steel Cord Fabric Market was valued at USD 4.21 Billion in 2025 and is projected to reach USD 5.89 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This robust growth is driven by increasing demand from the automotive tire industry, infrastructure development, and the rising adoption of high-strength reinforcement materials in industrial applications.

As manufacturing and construction sectors globally push for greater durability and performance, the demand for high-tensile reinforcement materials like steel cord fabric is surging. This essential component is the backbone of modern radial tires, conveyor belts, and various engineered products requiring superior strength. In this blog, we profile the Top 10 Companies in the Steel Cord Fabric Industry—a group of global leaders and specialized manufacturers driving innovation and setting the standards for quality and reliability.

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🔟 1. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: Steel cord, Steel cord fabric, High-carbon steel wire

Bekaert is a global market leader in steel wire transformation and coating technologies. The company is a premier supplier of steel cord fabric for the tire industry, offering products that enhance tire strength, durability, and fuel efficiency. Its extensive R&D focuses on developing advanced cord solutions for next-generation tires.

Innovation Initiatives:

• Development of ultra-high-strength steel cords for lighter, more efficient tires

• Focus on sustainable manufacturing processes and circular economy principles

• Strategic partnerships with leading global tire manufacturers

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Global Steel Cord Fabric Market – View in Detailed Research Report

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9️⃣ 2. Hyosung Corporation

Headquarters: Seoul, South Korea
Key Offering: Tirenno® steel cord, Advanced cord fabrics

Hyosung Corporation is a major global player in the textile and industrial materials sectors. Its Tirenno steel cord is widely recognized for its exceptional quality and performance in tire reinforcement. The company operates state-of-the-art production facilities across Asia and maintains a strong focus on technological advancement.

Innovation Initiatives:

• Continuous innovation in cord adhesion and fatigue resistance technologies

• Expansion of production capacity to meet growing global demand

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8️⃣ 3. Kordsa

Headquarters: Istanbul, Turkey
Key Offering: Nylon, Polyester, and Steel cord fabrics

Kordsa, part of the Sabancı Holding, is a leading manufacturer of reinforcement technologies. The company supplies high-quality steel cord fabric to the tire and construction industries worldwide. Kordsa is known for its integrated solutions and strong customer collaboration model.

Innovation Initiatives:

• Investment in R&D for sustainable and high-performance materials

• Digital transformation of manufacturing and supply chain operations

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7️⃣ 4. Tokusen USA

Headquarters: Conway, Arkansas, USA
Key Offering: Tire bead wire, High-carbon steel wire, Specialty steel cords

Tokusen USA is a key supplier of high-carbon steel wire and cord products for the North American market. The company specializes in tire bead wire and steel cord fabrics, serving major tire manufacturers with a focus on quality and precision engineering.

Innovation Initiatives:

• Implementation of advanced quality control systems

• Development of customized cord solutions for specific tire applications

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6️⃣ 5. Xingda International Holdings Limited

Headquarters: Hong Kong
Key Offering: Steel tire cord, Steel cord fabric

Xingda International is one of the largest manufacturers of steel tire cord in China. The company has a significant market share and supplies products to tire makers globally. Its vertical integration allows for stringent control over quality from raw material to finished cord fabric.

Innovation Initiatives:

• Expansion of production capabilities to maintain cost leadership

• Focus on R&D to improve product performance and environmental footprint

Download FREE Sample Report:
Global Steel Cord Fabric Market – View in Detailed Research Report

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5️⃣ 6. Zhejiang Unifull Industrial Fibre Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Steel cord, PET cord, Nylon cord fabrics

Zhejiang Unifull is a prominent Chinese manufacturer specializing in industrial fibers and cords. The company produces a wide range of steel cord fabrics used primarily in tire reinforcement, with a strong presence in both domestic and international markets.

Innovation Initiatives:

• Development of hybrid cord fabrics combining different materials

• Automation of production lines to enhance efficiency and consistency

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4️⃣ 7. Jiangsu Xingda Steel Tyre Cord Co., Ltd.

Headquarters: Jingjiang, Jiangsu, China
Key Offering: Steel cord for radial tires

As a subsidiary of Xingda International, Jiangsu Xingda focuses specifically on the production of high-quality steel cord for radial tires. The company is a critical link in the global supply chain, providing essential materials that ensure tire safety and performance.

Innovation Initiatives:

• Adoption of advanced wire drawing and brass plating technologies

• Commitment to meeting international quality and safety standards

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3️⃣ 8. Shandong SNTON Steel Cord Co., Ltd.

Headquarters: Weifang, Shandong, China
Key Offering: High-strength steel cord, Ultra-high-strength steel cord

Shandong SNTON is a specialized manufacturer of steel cord, particularly known for its high-strength and ultra-high-strength products. The company caters to the demanding requirements of the premium tire segment and other industrial applications.

Innovation Initiatives:

• Research into new alloy compositions for enhanced cord properties

• Strategic focus on exporting to mature markets in Europe and North America

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2️⃣ 9. Henan Hengxing Science & Technology Co., Ltd.

Headquarters: Huixian, Henan, China
Key Offering: Steel cord, Prestressed steel materials

Henan Hengxing is a leading producer of steel cord and other prestressed concrete steel materials. The company has built a strong reputation for quality and reliability, serving the automotive tire industry as well as the construction sector.

Innovation Initiatives:

• Integration of production processes to ensure cost-effectiveness

• Exploration of new applications for steel cord beyond traditional uses

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1️⃣ 10. Kiswire Ltd.

Headquarters: Seoul, South Korea
Key Offering: Steel wire rope, Steel cord, Wire products

Kiswire is a global leader in the manufacturing of steel wire ropes and cords. The company’s steel cord division supplies high-quality reinforcement materials to tire manufacturers worldwide, leveraging its expertise in metallurgy and wire processing.

Innovation Initiatives:

• Continuous improvement in product durability and performance characteristics

• Global network of production and sales offices ensuring supply chain resilience

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 undergoing a significant transformation. While traditional applications in tire manufacturing continue to dominate, the industry is investing heavily in advanced materials science, production automation, and sustainability initiatives.

📈 Key Trends Shaping the Market:

• Rising demand for fuel-efficient tires driving the need for lighter, higher-strength cords

• Expansion of electric vehicle production creating new performance requirements

• Increasing automation in manufacturing to improve consistency and reduce costs

• Growing focus on sustainable production methods and recyclable materials

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

The companies listed above are not only reinforcing global industries—they’re pioneering the next generation of high-performance materials that will define the future of mobility and manufacturing.