The Global Steel Cord Fabric Market was valued at USD 6,543.8 Million in 2025 and is projected to reach USD 8,920.2 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 3.5% during the forecast period (2024–2030). This growth is primarily fueled by rising demand from the automotive sector, particularly for high-performance radial tires, and increasing investments in infrastructure development requiring robust concrete reinforcement materials worldwide.

As industries from construction to transportation demand stronger, more durable, and lighter-weight materials, the role of steel cord fabric has become critical. This specialized fabric, comprised of high-tensile steel cords embedded in a rubber or polymer matrix, is the backbone of modern radial tires and a key reinforcement material for hoses, conveyor belts, and construction projects. In this blog, we profile the Top 10 Companies in the Steel Cord Fabric Industry—global leaders and regional powerhouses driving innovation in material strength, durability, and application-specific solutions.

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🔟 1. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: High-tensile steel cord, Brass-coated steel cord, Ultra-high-strength cord

Bekaert is a world-leading supplier of steel wire transformation and coating technologies. As a pioneer in the steel cord fabric market, the company provides essential reinforcement materials for the tire industry, focusing on improving tire performance, fuel efficiency, and longevity. Their products are critical for manufacturing radial tires for passenger cars, trucks, and off-road vehicles.

Key Market Initiatives:

• Investment in R&D for lightweight and high-strength cord solutions

• Expansion of production capacity in Asia and the Americas

• Commitment to sustainable manufacturing and circular economy principles

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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: Tires Reinforcement Materials (TRM), High-modulus low-shrinkage (HMLS) polyester, Steel cord fabric

Hyosung Corporation is a major global player in advanced industrial materials. Its Tires Reinforcement Materials division is a key supplier of steel cord to leading tire manufacturers worldwide, offering products known for their exceptional adhesion and durability under stress, which is crucial for high-performance and commercial vehicle tires.

Key Market Initiatives:

• Strategic focus on developing next-generation reinforcement materials

• Strengthening global supply chain partnerships with automotive OEMs

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8️⃣ 3. Kordsa

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

Kordsa, part of the Sabancı Holding, specializes in reinforcing technologies for tires and construction materials. The company’s steel cord products are engineered to provide superior strength and flexibility, making them ideal for demanding applications in the tire and industrial rubber goods sectors across Europe, Asia, and the Americas.

Key Market Initiatives:

• Global R&D centers focused on material science innovation

• Expansion into composite technologies for construction and infrastructure

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7️⃣ 4. Tokusen USA, Inc.

Headquarters: Conway, Arkansas, USA
Key Offering: Tire bead wire, High-carbon steel wire, Steel cord for tire reinforcement

Tokusen USA is a leading North American producer of high-carbon steel wire and cord products. As a key supplier to the tire industry, the company provides essential materials that ensure the structural integrity and safety of radial tires, contributing significantly to the regional automotive manufacturing ecosystem.

Key Market Initiatives:

• Focus on high-precision manufacturing for automotive-grade materials

• Continuous improvement in wire coating technologies for better rubber adhesion

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6️⃣ 5. Xingda International Holdings Limited

Headquarters: Hong Kong
Key Offering: Steel tire cord, Steel cord fabric for conveyor belts, Hose reinforcement cord

Xingda International is one of the largest manufacturers of steel tire cord fabric in China and a significant global supplier. The company’s extensive product portfolio caters to both the automotive tire market and various industrial applications, leveraging its large-scale production capabilities to serve customers worldwide.

Key Market Initiatives:

• Vertical integration from steel processing to finished cord fabric

• Strategic partnerships with global tire giants

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 fabric, Polyester cord fabric, Rubber conveyor belt fabric

Zhejiang Unifull is a specialized manufacturer of industrial fabrics, with a strong focus on steel cord fabric for tire reinforcement and conveyor belt applications. The company has established itself as a reliable supplier in both domestic Chinese and international markets, emphasizing product quality and consistency.

Key Market Initiatives:

• Investment in automated production lines for enhanced quality control

• Diversification into high-value-added industrial textile products

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

Headquarters: Jingjiang, Jiangsu, China
Key Offering: Steel tire cord, Steel cord for rubber hose reinforcement

A subsidiary of Xingda International, Jiangsu Xingda specializes in the production of high-quality steel cord specifically for tire reinforcement. The company plays a crucial role in the supply chain for numerous tire manufacturers, benefiting from its strategic location in one of China’s key industrial regions.

Key Market Initiatives:

• Implementation of stringent quality management systems

• Focus on developing eco-friendly production processes

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

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

Shandong SNTON is a prominent Chinese manufacturer of steel cord, offering a wide range of products tailored for different tire performance requirements. The company’s growth is supported by the booming automotive industry in Asia and its ability to provide cost-competitive, high-performance materials.

Key Market Initiatives:

• Capacity expansion to meet growing domestic and export demand

• R&D focused on enhancing cord strength-to-weight ratios

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

Headquarters: Xuchang, Henan, China
Key Offering: Steel cord for tires, Prestressed concrete steel strand, Galvanized steel wire

Henan Hengxing is a diversified manufacturer with a significant footprint in the steel cord market. The company’s expertise in wire drawing and stranding technologies allows it to produce high-quality reinforcement materials for both the automotive and construction industries, creating synergies across its business segments.

Key Market Initiatives:

• Leveraging expertise across different steel wire product lines

• Focus on sustainable and energy-efficient manufacturing practices

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1️⃣ 10. Shougang Concord Century Holdings Limited

Headquarters: Hong Kong
Key Offering: Steel cord fabric, Steel wire products

Shougang Concord Century, backed by the major Chinese steel group Shougang Group, is a key supplier of steel cord fabric. The company benefits from integrated steel production, ensuring a stable supply of raw materials and the ability to produce high-grade steel cord for demanding industrial applications.

Key Market Initiatives:

• Strategic alignment with parent company’s raw material advantages

• Expansion of product applications beyond tires into new industrial sectors

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 experiencing a significant transformation driven by technological advancements and evolving end-user demands. While traditional applications in tires remain the dominant driver, the industry is increasingly focused on developing lighter, stronger, and more sustainable reinforcement solutions for a wider range of applications.

📈 Key Trends Shaping the Market:

• Increasing demand for ultra-high-strength steel cords to enable lighter-weight tires for improved vehicle fuel efficiency.

• Growth in infrastructure projects worldwide, boosting demand for steel cord in concrete reinforcement and earthwork stabilization.

• Technological innovation in cord coatings and treatments to enhance adhesion and corrosion resistance.

• Strategic consolidation and capacity expansion by leading players to capture growth in emerging markets.

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

The companies listed above are not only supplying a critical industrial material—they are actively reinforcing the foundations of modern mobility and infrastructure through continuous innovation and global supply chain excellence.