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 being driven by expanding global energy infrastructure, massive renewable energy projects, and sustained industrialization, particularly in emerging economies.

As the world invests trillions in modernizing power grids, deploying communication networks, and building resilient infrastructure, the demand for high-strength, durable cable protection is surging. In this blog, we profile the Top 10 Companies in the Steel Wire for Cable Armouring Industry—a mix of global steel giants, specialized wire manufacturers, and regional leaders shaping the backbone of global connectivity and energy security.

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🔟 1. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: High-carbon and low-carbon steel wire, Galvanized Steel Wire Armour

Bekaert is a world-leading provider of steel wire products and coating technologies, with a formidable presence in the cable armouring sector. The company leverages its deep expertise in wire drawing and advanced galvanizing processes to produce armouring wires that meet the most stringent international standards for tensile strength and corrosion resistance.

Innovation and Sustainability Initiatives:

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

• Strong focus on sustainable manufacturing and reducing the carbon footprint of production

• Global R&D centers dedicated to developing next-generation wire solutions for extreme environments

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: Wide range of carbon steel wires for armouring, including specialized high-tensile grades

As the world’s largest steel producer, ArcelorMittal brings immense scale and material science expertise to the cable armouring market. The company supplies high-quality steel wire rods that are further processed by cable manufacturers into robust armouring solutions for power and telecom applications globally.

Innovation and Sustainability Initiatives:

• Investment in producing “green steel” with reduced CO2 emissions

• Development of steel grades optimized for specific corrosive environments

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8️⃣ 3. Bansal Wire

Headquarters: New Delhi, India
Key Offering: Galvanized Steel Wire (GSW), High Carbon Steel Wire for armouring

Bansal Wire is one of India’s leading manufacturers of steel wires, with a significant footprint in the cable armouring segment. The company caters to the booming infrastructure and energy sectors within India and exports to markets across Asia and the Middle East, benefiting from strong regional demand.

Innovation and Sustainability Initiatives:

• Continuous modernization of manufacturing facilities to improve efficiency and product quality

• Focus on serving the specific needs of the South Asian market with cost-effective, reliable solutions

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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 major Chinese player specializing in wire products, including a comprehensive range of solutions for cable armouring. The company is strategically positioned to serve the world’s largest market for infrastructure development, supplying wires for power transmission, construction, and telecommunications.

Innovation and Sustainability Initiatives:

• Vertically integrated operations ensuring consistent quality and supply chain control

• Expansion of production capacity to meet the demands of China’s Belt and Road Initiative projects

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

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6️⃣ 5. Tianjin Huayuan Wire Products

Headquarters: Tianjin, China
Key Offering: Electro-galvanized and hot-dip galvanized steel wire for armouring

Tianjin Huayuan is a specialized manufacturer with a strong focus on producing high-quality steel wires for the cable industry. The company has built a reputation for reliability and is a key supplier to cable makers serving both domestic Chinese infrastructure projects and international export markets.

Innovation and Sustainability Initiatives:

• Specialization in precise wire diameters and coatings tailored to customer specifications

• Investment in automated production lines to enhance consistency and reduce waste

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5️⃣ 6. Anbao Corp.

Headquarters: Taipei, Taiwan
Key Offering: Stainless steel wire, Carbon steel wire for communication and power cable armouring

Anbao Corp. is a prominent Taiwanese manufacturer known for its high-grade steel wires. The company serves a diverse range of industries, with a significant portion of its output dedicated to armouring for fiber optic and power cables, particularly in the technologically advanced Asia-Pacific region.

Innovation and Sustainability Initiatives:

• Expertise in producing wires for high-value applications requiring superior corrosion resistance

• Focus on quality management systems to meet international certification standards

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4️⃣ 7. Golik Holdings

Headquarters: Hong Kong
Key Offering: Galvanized steel wire, Low relaxation预应力 steel wire

Golik Holdings is a major industrial group with substantial operations in metal products, including steel wire for construction and cable armouring. The company’s strategic location provides access to both the massive Mainland Chinese market and international trade routes.

Innovation and Sustainability Initiatives:

• Diversified product portfolio serving multiple construction and industrial segments

• Leveraging logistical advantages of Hong Kong for efficient global distribution

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3️⃣ 8. Systematic

Headquarters: Mumbai, India
Key Offering: Black and Galvanized Steel Wire for armouring

Systematic is a key Indian manufacturer focused on the wire drawing industry. The company supplies essential armouring materials to the growing domestic cable sector, which is fueled by government initiatives like “Power for All” and massive investments in digital infrastructure.

Innovation and Sustainability Initiatives:

• Addressing the specific needs of the price-sensitive but quality-conscious Indian market

• Contributing to national infrastructure goals by supporting the domestic cable manufacturing ecosystem

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2️⃣ 9. HD Wire

Headquarters: Illinois, USA
Key Offering: Specialty carbon steel wire, High tensile strength armouring wire

HD Wire is a specialized American manufacturer producing high-quality, custom-drawn steel wire. The company serves niche markets requiring precise specifications, including armouring for specialized industrial, oil & gas, and marine cables where reliability is paramount.

Innovation and Sustainability Initiatives:

• Focus on low-volume, high-margin specialty products

• Strong customer collaboration to develop application-specific wire solutions

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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 significant manufacturer in China’s robust steel wire industry. The company produces a variety of wire products that are essential for armouring cables used in the country’s unprecedented infrastructure build-out, from urban power grids to renewable energy farms.

Innovation and Sustainability Initiatives:

• Leveraging China’s manufacturing scale to offer competitive products

• Adapting to evolving national standards for infrastructure quality and safety

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 remains the workhorse for mechanical protection, the industry is innovating with advanced materials, smarter coatings, and digital supply chains to meet the demands of a connected, electrified world.

📈 Key Trends Shaping the Market:

• Explosive growth in offshore wind farms and intercontinental power interconnectors driving demand for heavy-duty submarine cable armouring

• R&D into advanced zinc-aluminum alloy coatings and polymer composites for extreme corrosion resistance

• Integration of digital tracking and quality assurance systems throughout the wire manufacturing and cable production process

• Strategic partnerships between wire producers and cable manufacturers to develop integrated, application-specific solutions

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 resilient infrastructure that powers modern economies and connects the world.