The Global Steel Wire for Cable Armouring Market was valued at USD 877 Million in 2025 and is projected to reach USD 1,252 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period (2026–2034). This growth is primarily driven by increasing global investments in energy infrastructure, the expansion of renewable power projects, and robust industrialization in emerging economies, all of which demand high-strength protective cabling solutions.

As the world builds smarter grids, submarine interconnectors, and resilient communication networks, the critical role of cable armouring becomes undeniable. In this blog, we profile the Top 10 Companies in the Steel Wire for Cable Armouring Industry—a mix of global steel giants and specialized manufacturers who are reinforcing the backbone of modern infrastructure.

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🔟 1. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: High-carbon steel wire, Galvanized Steel Wire, Specialty Coatings for Cable Armouring

Bekaert is a world-leading supplier of steel wire products and coatings, with a formidable presence in the cable armouring sector. The company leverages over a century of expertise in wire transformation to produce high-tensile, corrosion-resistant armouring wires that meet the most demanding international standards for power and submarine cables.

Innovation and Sustainability Initiatives:

• Pioneering advanced zinc-aluminum alloy coatings for enhanced corrosion protection

• Investing in sustainable manufacturing processes to reduce carbon footprint

• Global R&D centers focused on developing lighter, stronger wire formulations

Download FREE Sample Report: Steel Wire for Cable Armouring Market – View in Detailed Research Report

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9️⃣ 2. ArcelorMittal

Headquarters: Luxembourg City, Luxembourg
Key Offering: Carbon Steel Wire, Low and High Carbon Grades for Armouring

As one of the world’s largest steel producers, ArcelorMittal supplies high-quality wire rod that serves as the primary raw material for cable armouring wire. The company’s extensive vertical integration allows it to ensure consistency and quality from raw steel to finished wire products, catering to major global cable manufacturers.

Innovation and Sustainability Initiatives:

• Development of high-strength, low-weight steel solutions

• Commitment to carbon-neutral steel production by 2050

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8️⃣ 3. Bansal Wire

Headquarters: New Delhi, India
Key Offering: Galvanized Steel Wire, High Carbon Steel Wire for Cable Armouring

Bansal Wire is a prominent manufacturer in the Asia-Pacific region, specializing in a wide range of steel wires. The company has a significant market share in supplying armouring wire for India’s rapidly expanding power transmission and infrastructure projects, benefiting from strong local demand and manufacturing capabilities.

Innovation and Sustainability Initiatives:

• Expanding production capacity to meet growing domestic and international demand

• Focusing on quality control to meet stringent international standards

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7️⃣ 4. Fasten Group

Headquarters: Shanghai, China
Key Offering: Galvanized Steel Wire, Steel Strand for Cable Armouring

Fasten Group is a key Chinese player with a strong focus on wire products for construction and infrastructure. The company supplies armouring wire for a variety of applications, including power cables and communication cables, capitalizing on China’s massive investments in grid modernization and urbanization.

Innovation and Sustainability Initiatives:

• Integration of automated production lines for improved efficiency and consistency

• Developing cost-effective solutions for price-sensitive markets

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6️⃣ 5. Tianjin Huayuan Wire Products

Headquarters: Tianjin, China
Key Offering: Electro-Galvanized Steel Wire, Hot-Dip Galvanized Steel Wire

Tianjin Huayuan Wire Products is a specialized manufacturer with a strong export orientation. The company produces a wide diameter range of armouring wires, serving both the domestic Chinese market and international clients in the power and telecommunications sectors.

Innovation and Sustainability Initiatives:

• Specialization in custom wire diameters and tensile strengths

• Emphasis on producing wires compliant with European and American standards

Download FREE Sample Report: Steel Wire for Cable Armouring Market – View in Detailed Research Report

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5️⃣ 6. Anbao Corp.

Headquarters: Taipei, Taiwan
Key Offering: Stainless Steel Wire, Galvanized Steel Wire for Armouring

Anbao Corp. is a recognized Taiwanese manufacturer known for its high-quality wire products. The company serves niche markets requiring high corrosion resistance, such as marine and coastal cable applications, with its stainless steel and specially coated armouring wires.

Innovation and Sustainability Initiatives:

• Focus on high-value, corrosion-resistant wire products

• Investment in R&D for advanced polymer coatings

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4️⃣ 7. Golik Holdings

Headquarters: Hong Kong
Key Offering: Low Relaxation Steel Wire, Galvanized Steel Wire

Golik Holdings is a major integrated steel product manufacturer with a significant presence in Asia. The company’s wire division produces armouring wire used in power cables, control cables, and communication cables, leveraging its strategic location to serve markets across the region.

Innovation and Sustainability Initiatives:

• Vertical integration from steelmaking to wire drawing

• Commitment to environmental management systems in manufacturing

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3️⃣ 8. Systematic

Headquarters: Mumbai, India
Key Offering: Black Galvanized Wire, Bright Steel Wire for Cable Armouring

Systematic is a leading Indian manufacturer specializing in steel wires for various industrial applications. The company has carved a strong position in the domestic market by supplying reliable armouring wire to cable makers serving India’s ambitious infrastructure development programs.

Innovation and Sustainability Initiatives:

• Modernization of manufacturing facilities to enhance product quality

• Focus on serving the specific needs of the South Asian market

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2️⃣ 9. HD Wire

Headquarters: Illinois, USA
Key Offering: High Carbon Steel Wire, Specialty Alloy Wires for Armouring

HD Wire is a specialized American manufacturer producing high-carbon and alloy steel wires for demanding applications. The company serves the North American market, providing armouring solutions for oil & gas, mining, and power infrastructure projects that require superior mechanical strength.

Innovation and Sustainability Initiatives:

• Expertise in manufacturing wires for extreme environments

• Investment in lean manufacturing to reduce waste and improve efficiency

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1️⃣ 10. Zhejiang Wansheng Yunhe Steel Cable

Headquarters: Zhejiang, China
Key Offering: Steel Wire and Strand for Cable Armouring

Zhejiang Wansheng Yunhe Steel Cable is a specialized Chinese producer focusing on steel wires and strands for the cable industry. The company benefits from the concentrated cable manufacturing hub in Eastern China, supplying armouring solutions for both domestic use and export.

Innovation and Sustainability Initiatives:

• Continuous improvement in galvanizing processes for better corrosion protection

• Scaling production to capitalize on regional growth in infrastructure

Get Full Report Here: Steel Wire for Cable Armouring Market – View in Detailed Research Report

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🌍 Outlook: The Future of Cable Armouring Is Stronger and Smarter

The steel wire for cable armouring market is undergoing a significant transformation. While traditional galvanized steel wires continue to dominate, the industry is investing in advanced materials, smarter coatings, and production technologies to meet the demands of next-generation infrastructure.

📈 Key Trends Shaping the Market:

• Accelerated demand from offshore wind farms and subsea interconnector projects

• Innovation in zinc-aluminum and polymer coatings for extended cable lifespans

• Growth of smart grid and underground cabling projects in urban areas

• Increasing focus on lifecycle cost and durability over initial price

Get Full Report Here: Steel Wire for Cable Armouring Market – View in Detailed Research Report

The companies listed above are not only supplying a critical component—they are enabling the resilience and reliability of the world’s essential energy and communication networks.