スチールワイヤーロープ市場規模、シェア、動向、2030年までの世界予測

Steel Wire Rope Market - Global Forecast to 2030

Steel Wire Rope Market by Lay Type (Regular, Lang), Material Type (Carbon Steel, Galvanized Steel, Stainless Steel), Coating, Diameter, Application (Construction, Mining, Marine & Fishing, Industrial & Crane, Oil & Gas), and Region - Global Forecast to 2030

商品番号 : SMB-91362

出版社MarketsandMarkets
出版年月2025年11月
ページ数261
図表数285
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

スチールワイヤーロープ市場 – レイタイプ(レギュラー、ロング)、材質(炭素鋼、亜鉛メッキ鋼、ステンレス鋼)、コーティング、直径、用途(建設、鉱業、海洋・漁業、産業・クレーン、石油・ガス)、地域別 – 2030年までの世界予測

スチールワイヤーロープ市場は、2025年には104億9,000万米ドルに達すると推定され、2030年には5.8%のCAGRで138億8,000万米ドルに達すると予測されています。レギュラー撚りタイプは、優れた横方向安定性と回転耐性を備え、クレーン、ホイスト、土木インフラプロジェクトでの使用に最適であるため、スチールワイヤーロープ市場全体で最大のシェアを占めています。接合、検査、メンテナンスの容易さは、世界中の主要な建設および産業用途における安全要件と規制要件に適合しています。レギュラー撚りロープは、より特殊なタイプよりも、潰れ、変形、不要な回転に対する耐性が高く、ドラムへの巻き取りが容易です。運用上の信頼性、規制遵守、そして幅広い適用性を兼ね備えているため、レギュラー撚りロープは市場で好まれる選択肢となっています。

調査対象範囲

本調査レポートは、スチールワイヤーロープ市場を、撚りの種類(レギュラー撚り、ロング撚り)、材質(炭素鋼、亜鉛メッキ鋼、ステンレス鋼、その他)、コーティング(非樹脂コーティング、樹脂コーティング)、直径(1/4インチ以下、1/4インチ超)、用途(建設、鉱業、海洋・漁業、産業・クレーン、石油・ガス、その他)、地域(北米、欧州、アジア太平洋、中東・アフリカ、ラテンアメリカ)別に分類しています。本レポートでは、スチールワイヤーロープ市場の成長に影響を与える主要要因(成長促進要因、阻害要因、課題、機会など)に関する詳細な情報を提供しています。主要業界プレーヤーを徹底的に調査し、各社の事業概要、ソリューションとサービス、主要戦略、そしてスチールワイヤーロープ市場における最近の動向に関する洞察を提供しています。また、スチールワイヤーロープ市場エコシステムにおける新興企業の競合分析も含まれています。

このレポートを購入する理由

本レポートは、市場リーダー/新規参入企業にとって、スチールワイヤーロープ市場全体および各サブセグメントの収益数値の近似値に関する情報を提供するのに役立ちます。また、ステークホルダーが競争環境を理解し、より深い洞察を得ることで、事業のポジショニングを改善し、適切な市場開拓戦略を策定するのに役立ちます。さらに、本レポートは、ステークホルダーが市場の動向を把握し、主要な市場牽引要因、制約要因、課題、そして機会に関する情報を提供するのに役立ちます。

本レポートでは、以下の点について洞察を提供しています。

  • スチールワイヤーロープ市場の成長に影響を与える主要な推進要因(建設・インフラ開発からの需要増加)、制約要因(原材料価格の変動)、機会(再生可能エネルギーおよび海洋用途の拡大)、課題(熾烈な市場競争)の分析
  • 製品開発/イノベーション:スチールワイヤーロープ市場における今後の技術、研究開発活動、製品投入に関する詳細な洞察
  • 市場開発:収益性の高い市場に関する包括的な情報 ― 本レポートでは、様々な地域におけるスチールワイヤーロープ市場を分析しています
  • 市場多様化:スチールワイヤーロープ市場におけるサービス、未開拓地域、最近の動向、投資に関する包括的な情報
  • 競合評価:Bekaert(ベルギー)、WireCo(米国)、Kiswire Ltd.(韓国)、Usha Martin Limited(インド)、TEUFELBERGER(オーストリア)、Loos & Co., Inc.(米国)、Pfeifer Group(ドイツ)、東京製綱株式会社(日本)、江蘇朗山ワイヤーロープ株式会社(中国)、Bilco Group(米国)、SWR Ltd.(英国)、Lexco Cable(米国)といった主要企業の市場シェア、成長戦略、製品ラインナップに関する詳細な評価江陰嘉華ロープ有限公司(中国)、南通神威鋼線ロープ有限公司(中国)、Bharat Wire Ropes Ltd.(インド)

Report Description

The steel wire rope market is estimated to be USD 10.49 billion in 2025 and is projected to reach USD 13.88 billion by 2030, at a CAGR of 5.8%. Regular lay type accounted for the largest share of the overall steel wire rope market because it provides superior lateral stability and resistance to rotation, making it ideal for use in cranes, hoists, and civil infrastructure projects. Their ease of splicing, inspection, and maintenance aligns with safety and regulatory requirements in major construction and industrial applications globally. Regular-lay ropes are more resistant to crushing, deformation, and unwanted rotation and spool more easily onto drums than more specialized types. This combination of operational reliability, regulatory compliance, and broad applicability secures regular lay ropes as the preferred choice in the market.

スチールワイヤーロープ市場規模、シェア、動向、2030年までの世界予測
Steel Wire Rope Market – Global Forecast to 2030

“The galvanized steel material type is projected to be the second-fastest-growing segment during the forecast period.”
The galvanized steel segment of the steel wire rope market is projected to witness the second-highest CAGR due to its cost-effectiveness, good mechanical strength, and widespread availability, making it highly favored in industrial and commercial applications. The galvanization process coats the steel wire with zinc, providing corrosion resistance and extending the rope’s lifespan, especially in semi-corrosive or outdoor environments. Galvanized wire ropes are widely used in demanding sectors such as construction, marine, transport, agriculture, and mining because of their durability, low maintenance costs, and ability to withstand harsh conditions. Unlike stainless steel ropes, galvanized wires offer a more affordable solution. They can be produced in larger volumes to meet cost-sensitive demands, particularly for large-scale construction projects that require high tensile strength and resistance to environmental wear, including abrasion, moisture, UV rays, and chemical exposure.

スチールワイヤーロープ市場規模、シェア、動向、2030年までの世界予測 - by material type
Steel Wire Rope Market – Global Forecast to 2030 – by material type

“Plastic-coated segment accounted for the second-largest share of the steel wire rope market.”
Based on coating, the plastic-coated segment accounted for the second-largest share of the overall steel wire rope market due to its superior corrosion resistance, durability, and cost-effectiveness, especially in outdoor and harsh environment applications. The zinc galvanization process applied to steel wires offers sacrificial corrosion protection, which, when combined with plastic coatings like PVC, PE, or nylon, provides enhanced protection against abrasion, moisture, UV rays, and chemical degradation. These characteristics make plastic-coated galvanized steel ropes highly suitable for demanding applications in construction, maritime, mining, transportation, and agriculture, where longevity and low maintenance are critical.

“The industrial & crane segment is projected to register the second-highest growth rate during the forecast period.”
The steel wire rope market in the industrial & crane segment is projected to register the second-highest CAGR during the forecast period. Demand for steel wire ropes in industrial and crane applications is rising due to increasing infrastructure development, construction activities, and expanding manufacturing industries worldwide. These ropes are essential for heavy lifting, material handling, and high-load operations because of their strength, durability, and resistance to abrasion and fatigue. Growth in sectors like mining, oil and gas, ports, and logistics also contributes to higher usage of cranes and hoisting equipment, further boosting demand. Furthermore, technological advancements in wire rope design, such as improved coatings and higher tensile strength, make them more reliable and longer lasting, encouraging industries to adopt them for safety and operational efficiency.

スチールワイヤーロープ市場規模、シェア、動向、2030年までの世界予測 - 地域
Steel Wire Rope Market – Global Forecast to 2030 – region

“Middle East & Africa is projected to register the second-highest CAGR in the steel wire rope market during the forecast period.”
The Middle East & Africa is projected to register the second-highest CAGR in the steel wire rope market due to rapid industrialization and infrastructure development, including expanding construction, transportation, and energy projects. Significant growth in crude oil exploration and production activities, along with booming mining operations, drives demand for durable, high-performance steel wire ropes essential for heavy lifting and material handling. Increasing investments in renewable energy projects, flourishing maritime activities, and port developments further bolster market expansion. Government initiatives aimed at economic diversification, improving transportation networks, and boosting local manufacturing capabilities also play a crucial role in the market growth.

This study has been validated through primary interviews with industry experts globally. The primary sources have been divided into the following three categories:

  •  By Company Type: Tier 1 – 40%, Tier 2 – 33%, and Tier 3 – 27%
  •  By Designation: C-level – 50%, Director-level – 30%, and Managers – 20%
  •  By Region: North America – 20%, Europe – 15%, Asia Pacific – 50%, the Middle East & Africa – 10%, and Latin America – 5%
スチールワイヤーロープ市場規模、シェア、動向、2030年までの世界予測 - 対象企業
Steel Wire Rope Market – Global Forecast to 2030 – ecosystem

The report provides a comprehensive analysis of the following companies:
Prominent companies in this market include Bekaert (Belgium), WireCo (US), Kiswire Ltd. (South Korea), Usha Martin Limited (India), TEUFELBERGER (Austria), Loos & Co., Inc. (US), Pfeifer Group (Germany), Tokyo Rope Mfg. Co., Ltd. (Japan), Jiangsu Langshan Wire Rope Co., Ltd. (China), Bilco Group (US), SWR Ltd. (UK), Lexco Cable (US), Jiangyin Jiahua Ropes Co., Ltd. (China), Nantong Shenwei Steel Wire Rope Co., Ltd. (China), and Bharat Wire Ropes Ltd. (India).

Research Coverage

This research report categorizes the steel wire rope market by lay type (regular lay, lang lay), material type (carbon steel, galvanized steel, stainless steel, other material types), coating (non-plastic coated, plastic coated), diameter (≤1/4 Inch, >1/4 inch), application (construction, mining, marine & fishing, industrial & crane, oil & gas, other applications), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the steel wire rope market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted to provide insights into their business overview, solutions and services, key strategies, and recent developments in the steel wire rope market. This report includes a competitive analysis of upcoming startups in the steel wire rope market ecosystem.

Reasons to Buy This Report

The report will help market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall steel wire rope market and the subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  •  Analysis of key drivers (rising demand from construction and infrastructure development), restraints (fluctuating raw material prices), opportunities (growing expansion in renewable energy & marine applications), and challenges (intense market competition) influencing the growth of the steel wire rope market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product launches in the steel wire rope market
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the steel wire rope market across varied regions
  • Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the steel wire rope market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Bekaert (Belgium), WireCo (US), Kiswire Ltd. (South Korea), Usha Martin Limited (India), TEUFELBERGER (Austria), Loos & Co., Inc. (US), Pfeifer Group (Germany), Tokyo Rope Mfg. Co., Ltd. (Japan), Jiangsu Langshan Wire Rope Co., Ltd. (China), Bilco Group (US), SWR Ltd. (UK), Lexco Cable (US), Jiangyin Jiahua Ropes Co., Ltd. (China), Nantong Shenwei Steel Wire Rope Co., Ltd. (China), and Bharat Wire Ropes Ltd. (India)

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      25

1.3.2        INCLUSIONS AND EXCLUSIONS 26

1.3.3        YEARS CONSIDERED      27

1.3.4        CURRENCY CONSIDERED            27

1.3.5        UNITS CONSIDERED      27

1.4           LIMITATIONS    28

1.5           STAKEHOLDERS               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          30

2.1.1.1    Key data from secondary sources       30

2.1.2        PRIMARY DATA 30

2.1.2.1    Key data from primary sources           31

2.1.2.2    Key primary participants     31

2.1.2.3    Breakdown of interviews with experts               32

2.1.2.4    Key industry insights           32

2.2           MARKET SIZE ESTIMATION         32

2.2.1        BOTTOM-UP APPROACH              33

2.2.2        TOP-DOWN APPROACH                33

2.3           BASE NUMBER CALCULATION   34

2.3.1        APPROACH 1: SUPPLY-SIDE ANALYSIS   34

2.3.2        APPROACH 2: DEMAND-SIDE ANALYSIS                34

2.4           GROWTH FORECAST      34

2.4.1        SUPPLY SIDE     34

2.4.2        DEMAND SIDE  34

2.5           DATA TRIANGULATION                35

2.6           FACTOR ANALYSIS          36

2.7           RESEARCH ASSUMPTIONS           36

2.8           RESEARCH LIMITATIONS AND RISK ASSESSMENT                 37

3               EXECUTIVE SUMMARY  38

4               PREMIUM INSIGHTS       43

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN STEEL WIRE ROPE MARKET      43

4.2           STEEL WIRE ROPE MARKET, BY APPLICATION AND REGION                44

4.3           STEEL WIRE ROPE MARKET, BY LAY TYPE            44

4.4           STEEL WIRE ROPE MARKET, BY MATERIAL TYPE                 45

4.5           STEEL WIRE ROPE MARKET, BY COATING            45

4.6           STEEL WIRE ROPE MARKET, BY DIAMETER          46

4.7           STEEL WIRE ROPE MARKET, BY APPLICATION   46

4.8           STEEL WIRE ROPE MARKET, BY KEY COUNTRY  47

5               MARKET OVERVIEW       48

5.1           INTRODUCTION              48

5.2           MARKET DYNAMICS       48

5.2.1        DRIVERS               49

5.2.1.1    Rising demand from construction and infrastructure development          49

5.2.1.2    Expansion of mining operations and industrial activities                 49

5.2.2        RESTRAINTS      50

5.2.2.1    Fluctuating raw material prices          50

5.2.2.2    High competition from synthetic ropes             50

5.2.3        OPPORTUNITIES              50

5.2.3.1    Growing expansion in renewable energy & marine applications                 50

5.2.3.2    Integrating automation with smart rope technologies    51

5.2.4        CHALLENGES    51

5.2.4.1    Intense market competition                51

5.2.4.2    Fatigue & breakage risk       52

5.3           PORTER’S FIVE FORCES ANALYSIS           52

5.3.1        THREAT OF NEW ENTRANTS      54

5.3.2        THREAT OF SUBSTITUTES          54

5.3.3        BARGAINING POWER OF SUPPLIERS       54

5.3.4        BARGAINING POWER OF BUYERS             54

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 54

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     55

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           55

5.4.2        BUYING CRITERIA           56

5.5           PRICING ANALYSIS          56

5.5.1        AVERAGE SELLING PRICE TREND AMONG KEY PLAYERS, BY APPLICATION             56

5.5.2        AVERAGE SELLING PRICE TREND, BY REGION   57

5.6           MACROECONOMIC OUTLOOK  58

5.6.1        INTRODUCTION              58

5.6.2        GDP TRENDS AND FORECAST   58

5.6.3        TRENDS IN GLOBAL STEEL WIRE ROPE INDUSTRY                 60

5.7           SUPPLY CHAIN ANALYSIS             60

5.8           ECOSYSTEM ANALYSIS  62

5.9           TRADE ANALYSIS             63

5.9.1        EXPORT SCENARIO (HS CODE 731210)    63

5.9.2        IMPORT SCENARIO (HS CODE 731210)    64

5.10         TECHNOLOGY ANALYSIS             65

5.10.1      KEY TECHNOLOGIES     65

5.10.1.1  Wire drawing and stranding                65

5.10.1.2  Specialized coating and surface treatments      65

5.10.1.3  Rope closing          66

5.10.2      COMPLEMENTARY TECHNOLOGIES       66

5.10.2.1  X-ray and ultrasonic non-destructive testing   66

5.11         PATENT ANALYSIS          67

5.11.1      INTRODUCTION              67

5.11.2      METHODOLOGY              67

5.11.3      DOCUMENT TYPES         67

5.11.4      INSIGHTS            68

5.11.5      LEGAL STATUS 68

5.11.6      JURISDICTION ANALYSIS              69

5.11.7      TOP APPLICANT ANALYSIS         70

5.11.8      TOP US PATENT OWNERS, 2015–2024       71

5.12         REGULATORY LANDSCAPE         72

5.12.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             72

5.13         KEY CONFERENCES AND EVENTS             74

5.14         CASE STUDY ANALYSIS 75

5.14.1      INNOVATIVE STEEL WIRE ROPE SOLUTION FOR GALWAY’S PEDESTRIAN AND CYCLE SAFETY     75

5.14.2      SHADEMAKERS’ PARTNERSHIP WITH SWR DELIVERS PREMIUM STEEL WIRE ROPE FOR YACHTS           76

5.14.3      STREAMLINING WAKEBOARD LIFT OPERATIONS WITH HIGH-PERFORMANCE STEEL WIRE ROPES           76

5.15         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            77

5.16         IMPACT OF AI/GEN AI   77

5.17         INVESTMENT AND FUNDING SCENARIO               78

5.18         IMPACT OF 2025 US TARIFF ON STEEL WIRE ROPE MARKET               78

5.18.1      INTRODUCTION              78

5.18.2      KEY TARIFF RATES          79

5.18.3      PRICE IMPACT ANALYSIS             80

5.18.4      KEY IMPACT ON MAJOR COUNTRIES/REGIONS 81

5.18.4.1  US           81

5.18.4.2  Europe   82

5.18.4.3  Asia Pacific            83

5.18.5      IMPACT ON END USERS                84

6               STEEL WIRE ROPE MARKET, BY LAY TYPE            86

6.1           INTRODUCTION              87

6.2           REGULAR LAY   88

6.2.1        GROWING USE IN CONSTRUCTION, HOISTING, AND GENERAL LIFTING APPLICATIONS          88

6.3           LANG LAY            89

6.3.1        RISING ADOPTION IN DYNAMIC AND HEAVY-DUTY INDUSTRIAL APPLICATIONS      89

7               STEEL WIRE ROPE MARKET, BY DIAMETER          91

7.1           INTRODUCTION              92

7.2           ≤1/4 INCH            93

7.2.1        RISING DEMAND FOR FLEXIBLE AND LIGHTWEIGHT ROPES  93

7.3           >1/4 INCH            94

7.3.1        EXPANDING HEAVY-DUTY APPLICATIONS ACROSS CORE INDUSTRIES          94

8               STEEL WIRE ROPE MARKET, BY COATING TYPE                 95

8.1           INTRODUCTION              96

8.2           PLASTIC-COATED           97

8.2.1        RISING DEMAND FOR ENHANCED DURABILITY AND CORROSION RESISTANCE            97

8.3           NON-PLASTIC COATED 98

8.3.1        EXPANDING USE IN HEAVY-DUTY INDUSTRIAL AND CONSTRUCTION APPLICATIONS              98

9               STEEL WIRE ROPE MARKET, BY APPLICATION   100

9.1           INTRODUCTION              101

9.2           CONSTRUCTION              102

9.2.1        RISING ADOPTION OF ADVANCED CONSTRUCTION EQUIPMENT AND SAFETY STANDARDS 102

9.3           MINING                103

9.3.1        INCREASING DEPTH AND SCALE OF MINING OPERATIONS     103

9.4           MARINE & FISHING         104

9.4.1        GROWING MODERNIZATION OF PORT INFRASTRUCTURE AND FISHING FLEETS             104

9.5           INDUSTRIAL & CRANE   105

9.5.1        RISING INDUSTRIAL AUTOMATION AND MATERIAL HANDLING DEMAND     105

9.6           OIL & GAS            106

9.6.1        INCREASING GLOBAL ENERGY DEMAND AND OFFSHORE PRODUCTION EXPANSION  106

9.7           OTHER APPLICATIONS 107

10            STEEL WIRE ROPE MARKET, BY MATERIAL TYPE                 109

10.1         INTRODUCTION              110

10.2         CARBON STEEL 111

10.2.1      HIGH STRENGTH AND COST-EFFECTIVENESS FOR HEAVY-DUTY APPLICATIONS    111

10.3         GALVANIZED STEEL       112

10.3.1      GROWING DEMAND FOR CORROSION-RESISTANT SOLUTIONS IN OUTDOOR APPLICATIONS           112

10.4         STAINLESS STEEL            113

10.4.1      EXPANDING USE IN HEAVY-DUTY INDUSTRIAL AND CONSTRUCTION APPLICATIONS              113

10.5         OTHER MATERIAL TYPES             114

11            STEEL WIRE ROPE MARKET, BY REGION                116

11.1         INTRODUCTION              117

11.2         NORTH AMERICA             118

11.2.1      NORTH AMERICA: STEEL WIRE ROPE MARKET, BY COATING TYPE 119

11.2.2      NORTH AMERICA: STEEL WIRE ROPE MARKET, BY LAY TYPE     120

11.2.3      NORTH AMERICA: STEEL WIRE ROPE MARKET, BY DIAMETER          120

11.2.4      NORTH AMERICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE               121

11.2.5      NORTH AMERICA: STEEL WIRE ROPE MARKET, BY APPLICATION   122

11.2.6      NORTH AMERICA: STEEL WIRE ROPE MARKET, BY COUNTRY            122

11.2.6.1  US           123

11.2.6.1.1                Rising construction and energy projects fueling market expansion               123

11.2.6.2  Canada   124

11.2.6.2.1                Expansion of mining and energy activities driving market growth       124

11.3         ASIA PACIFIC     125

11.3.1      ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY COATING TYPE     126

11.3.2      ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY LAY TYPE                 127

11.3.3      ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY DIAMETER          127

11.3.4      ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE               128

11.3.5      ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY APPLICATION   129

11.3.6      ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY COUNTRY                 129

11.3.6.1  China      130

11.3.6.1.1                Large-scale infrastructure and industrial expansion fueling demand     130

11.3.6.2  South Korea           131

11.3.6.2.1                Expanding shipbuilding and offshore industries driving market growth       131

11.3.6.3  India       132

11.3.6.3.1                Rapid infrastructure development and industrial expansion fueling demand  132

11.3.6.4  Japan      133

11.3.6.4.1                Technological advancements and strong industrial base boosting demand  133

11.3.6.5  Rest of Asia Pacific               134

11.4         EUROPE               135

11.4.1      EUROPE: STEEL WIRE ROPE MARKET, BY COATING TYPE     136

11.4.2      EUROPE: STEEL WIRE ROPE MARKET, BY LAY TYPE                 137

11.4.3      EUROPE: STEEL WIRE ROPE MARKET, BY DIAMETER                 137

11.4.4      EUROPE: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE     138

11.4.5      EUROPE: STEEL WIRE ROPE MARKET, BY APPLICATION                 139

11.4.6      EUROPE: STEEL WIRE ROPE MARKET, BY COUNTRY                 140

11.4.6.1  Germany                 140

11.4.6.1.1                Expanding industrial and manufacturing base fueling demand  140

11.4.6.2  France    141

11.4.6.2.1                Rising infrastructure and offshore wind development boosting demand  141

11.4.6.3  UK          142

11.4.6.3.1                Revival of offshore oil & gas and marine activities stimulating demand              142

11.4.6.4  Italy         143

11.4.6.4.1                Expanding construction and infrastructure projects boosting demand  143

11.4.6.5  Spain      144

11.4.6.5.1                Rising renewable energy and infrastructure development driving demand             144

11.4.6.6  Rest of Europe      145

11.5         LATIN AMERICA                147

11.5.1      LATIN AMERICA: STEEL WIRE ROPE MARKET, BY COATING TYPE 147

11.5.2      LATIN AMERICA: STEEL WIRE ROPE MARKET, BY LAY TYPE     147

11.5.3      LATIN AMERICA: STEEL WIRE ROPE MARKET, BY DIAMETER          148

11.5.4      LATIN AMERICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE               149

11.5.5      LATIN AMERICA: STEEL WIRE ROPE MARKET, BY APPLICATION   149

11.5.6      LATIN AMERICA: STEEL WIRE ROPE MARKET, BY COUNTRY            150

11.5.6.1  Mexico   151

11.5.6.1.1                Infrastructure expansion and industrial growth accelerating market demand               151

11.5.6.2  Brazil      152

11.5.6.2.1                Expansion of mining and energy activities driving market growth       152

11.5.6.3  Rest of Latin America          153

11.6         MIDDLE EAST & AFRICA                154

11.6.1      MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY COATING TYPE 154

11.6.2      MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY LAY TYPE             155

11.6.3      MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY DIAMETER          155

11.6.4      MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE               156

11.6.5      MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY APPLICATION   157

11.6.6      MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY COUNTRY            158

11.6.6.1  GCC countries      158

11.6.6.1.1                UAE        159

11.6.6.1.1.1            Infrastructure modernization and mega projects fueling demand  159

11.6.6.1.2                Saudi Arabia          160

11.6.6.1.2.1            Mega infrastructure and industrial projects accelerating market growth       160

11.6.6.1.3                Rest of GCC countries         161

11.6.6.2  South Africa           162

11.6.6.2.1                Expanding mining operations driving market growth                 162

11.6.6.3  Rest of Middle East & Africa               163

12            COMPETITIVE LANDSCAPE         164

12.1         INTRODUCTION              164

12.2         KEY PLAYERS’ STRATEGIES/RIGHT TO WIN, 2020–2025                 164

12.3         REVENUE ANALYSIS, 2020–2024  166

12.4         MARKET SHARE ANALYSIS, 2024                 166

12.5         BRAND/PRODUCT COMPARISON             168

12.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 170

12.6.1      STARS   170

12.6.2      EMERGING LEADERS     170

12.6.3      PERVASIVE PLAYERS      170

12.6.4      PARTICIPANTS 170

12.6.5      COMPANY FOOTPRINT 172

12.6.5.1  Company footprint               172

12.6.5.2  Region footprint   173

12.6.5.3  Lay type footprint 173

12.6.5.4  Material type footprint         174

12.6.5.5  Coating type footprint         175

12.6.5.6  Diameter footprint                175

12.6.5.7  Application footprint            176

12.7         COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024        177

12.7.1      PROGRESSIVE COMPANIES         177

12.7.2      RESPONSIVE COMPANIES            177

12.7.3      DYNAMIC COMPANIES  177

12.7.4      STARTING BLOCKS         177

12.7.5      COMPETITIVE BENCHMARKING               178

12.7.5.1  Detailed list of key start-ups/SMEs  178

12.7.5.2  Competitive benchmarking of key start-ups/SMEs        179

12.8         COMPANY VALUATION AND FINANCIAL METRICS                 181

12.9         COMPETITIVE SCENARIO             182

12.9.1      DEALS  182

12.9.2      PRODUCT LAUNCHES   183

12.9.3      EXPANSIONS     184

13            COMPANY PROFILES      185

13.1         KEY PLAYERS     185

13.1.1      BEKAERT             185

13.1.1.1  Business overview 185

13.1.1.2  Products/Solutions/Services offered 186

13.1.1.3  Recent developments           189

13.1.1.3.1                Deals      189

13.1.1.4  MnM view              189

13.1.1.4.1                Key strengths        189

13.1.1.4.2                Strategic choices   189

13.1.1.4.3                Weaknesses and competitive threats 189

13.1.2      WIRECO                190

13.1.2.1  Business overview 190

13.1.2.2  Products/Solutions/Services offered 190

13.1.2.3  Recent developments           195

13.1.2.3.1                Product launches  195

13.1.2.3.2                Expansions             196

13.1.2.4  MnM view              196

13.1.2.4.1                Key strengths        196

13.1.2.4.2                Strategic choices   196

13.1.2.4.3                Weaknesses and competitive threats 196

13.1.3      KISWIRE LTD.    197

13.1.3.1  Business overview 197

13.1.3.2  Products/Solutions/Services offered 198

13.1.3.3  MnM view              200

13.1.3.3.1                Key strengths        200

13.1.3.3.2                Strategic choices   200

13.1.3.3.3                Weaknesses and competitive threats 200

13.1.4      USHA MARTIN LIMITED                201

13.1.4.1  Business overview 201

13.1.4.2  Products/Solutions/Services offered 202

13.1.4.3  Recent developments           205

13.1.4.3.1                Product launches  205

13.1.4.4  MnM view              206

13.1.4.4.1                Key strengths        206

13.1.4.4.2                Strategic choices   206

13.1.4.4.3                Weaknesses and competitive threats 206

13.1.5      TEUFELBERGER                207

13.1.5.1  Business overview 207

13.1.5.2  Products/Solutions/Services offered 207

13.1.5.3  MnM view              210

13.1.5.3.1                Key strengths        210

13.1.5.3.2                Strategic choices   210

13.1.5.3.3                Weaknesses and competitive threats 210

13.1.6      LOOS & CO. INC.               211

13.1.6.1  Business overview 211

13.1.6.2  Products/Solutions/Services offered 211

13.1.6.3  MnM view              214

13.1.6.3.1                Key strengths        214

13.1.6.3.2                Strategic choices   214

13.1.6.3.3                Weaknesses and competitive threats 214

13.1.7      PFEIFER GROUP                215

13.1.7.1  Business overview 215

13.1.7.2  Products/Solutions/Services offered 215

13.1.7.3  Recent developments           218

13.1.7.3.1                Deals      218

13.1.7.4  MnM view              218

13.1.7.4.1                Key strengths        218

13.1.7.4.2                Strategic choices   218

13.1.7.4.3                Weaknesses and competitive threats 218

13.1.8      TOKYO ROPE MFG. CO., LTD.     219

13.1.8.1  Business overview 219

13.1.8.2  Products/Solutions/Services offered 220

13.1.8.3  MnM view              221

13.1.8.3.1                Key strengths        221

13.1.8.3.2                Strategic choices   221

13.1.8.3.3                Weaknesses and competitive threats 221

13.1.9      JIANGSU LANGSHAN WIRE ROPE CO., LTD.          222

13.1.9.1  Business overview 222

13.1.9.2  Products/Solutions/Services offered 222

13.1.9.3  MnM view              224

13.1.9.3.1                Key strengths        224

13.1.9.3.2                Strategic choices   224

13.1.9.3.3                Weaknesses and competitive threats 225

13.1.10   BILCO GROUP   226

13.1.10.1                 Business overview 226

13.1.10.2                 Products/Solutions/Services offered 226

13.1.10.3                 MnM view              227

13.1.10.3.1             Key strengths        227

13.1.10.3.2             Strategic choices   227

13.1.10.3.3             Weaknesses and competitive threats 228

13.1.11   SWR LTD.             229

13.1.11.1                 Business overview 229

13.1.11.2                 Products/Solutions/Services offered 229

13.1.11.3                 MnM view              231

13.1.11.3.1             Key strengths        231

13.1.11.3.2             Strategic choices   231

13.1.11.3.3             Weaknesses and competitive threats 231

13.1.12   LEXCO CABLE   232

13.1.12.1                 Business overview 232

13.1.12.2                 Products/Solutions/Services offered 232

13.1.12.3                 MnM view              234

13.1.12.3.1             Key strengths        234

13.1.12.3.2             Strategic choices   234

13.1.12.3.3             Weaknesses and competitive threats 234

13.1.13   JIANGYIN JIAHUA ROPES CO., LTD.          235

13.1.13.1                 Business overview 235

13.1.13.2                 Products/Solutions/Services offered 235

13.1.13.3                 MnM view              236

13.1.13.3.1             Key strengths        236

13.1.13.3.2             Strategic choices   236

13.1.13.3.3             Weaknesses and competitive threats 236

13.1.14   NANTONG SHENWEI STEEL WIRE ROPE CO., LTD.                 237

13.1.14.1                 Business overview 237

13.1.14.2                 Products/Solutions/Services offered 237

13.1.14.3                 MnM view              238

13.1.14.3.1             Key strengths        238

13.1.14.3.2             Strategic choices   238

13.1.14.3.3             Weaknesses and competitive threats 239

13.1.15   BHARAT WIRE ROPES LTD.          240

13.1.15.1                 Business overview 240

13.1.15.2                 Products/Solutions/Services offered 241

13.1.15.3                 MnM view              243

13.1.15.3.1             Key strengths        243

13.1.15.3.2             Strategic choices   243

13.1.15.3.3             Weaknesses and competitive threats 243

13.2         OTHER PLAYERS              244

13.2.1      HANGZHOU ZHEZHONG CHAIN CO., LTD.           244

13.2.2      TYLER MADISON, INC.   245

13.2.3      ORION ROPES PRIVATE LIMITED             246

13.2.4      ASAHI ROPES     247

13.2.5      DAVANGERE WIRE ROPE INDUSTRY PVT. LTD   248

13.2.6      SHREE STEEL WIRE ROPES LTD.                249

13.2.7      J D WIRE ROPES                250

13.2.8      SURASHA WIREROPES   251

13.2.9      JIANGYIN TUOXIN STEEL ROPE CO., LTD.            252

13.2.10   SHREE VARDHAMAN WIRE ROPES            253

14            APPENDIX           254

14.1         DISCUSSION GUIDE        254

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                257

14.3         CUSTOMIZATION OPTIONS        259

14.4         RELATED REPORTS         259

14.5         AUTHOR DETAILS           260

LIST OF TABLES

TABLE 1                STEEL WIRE ROPE MARKET: PORTER’S FIVE FORCES ANALYSIS           53

TABLE 2                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE APPLICATIONS        55

TABLE 3                KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 56

TABLE 4                AVERAGE SELLING PRICE TREND OF KEY PLAYERS IN STEEL WIRE ROPE MARKET, BY APPLICATION, 2024 (USD/KG)            57

TABLE 5                AVERAGE SELLING PRICE TREND OF STEEL WIRE ROPE, BY REGION,

2023–2024 (USD/KG)        57

TABLE 6                GDP PERCENTAGE CHANGE, BY COUNTRY, 2021–2029 (%)     58

TABLE 7                ROLE OF COMPANIES IN STEEL WIRE ROPE ECOSYSTEM       62

TABLE 8                TOP 10 EXPORTING COUNTRIES OF STEEL WIRE ROPES,

2020–2024 (USD THOUSAND)      64

TABLE 9                TOP 10 IMPORTING COUNTRIES OF STEEL WIRE ROPES,

2020–2024 (USD THOUSAND)      65

TABLE 10              TOTAL NUMBER OF PATENTS, 2015–2024                 67

TABLE 11              PATENTS BY UNIV CHINA MINING, 2021–2024                 70

TABLE 12              PATENTS BY JIANGSU SAFETY STEEL WIRE ROPE, 2023           71

TABLE 13              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 72

TABLE 14              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           73

TABLE 15              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 73

TABLE 16              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 74

TABLE 17              KEY CONFERENCES AND EVENTS, 2025–2026                 74

TABLE 18              TOP USE CASES AND MARKET POTENTIAL                 77

TABLE 19              AI IMPLEMENTATION IN STEEL WIRE ROPE MARKET               78

TABLE 20              US ADJUSTED RECIPROCAL TARIFF RATES                 79

TABLE 21              KEY PRODUCT-RELATED TARIFF EFFECTIVE FOR STEEL WIRE ROPE,

2024 VS. 2025       80

TABLE 22              EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END-USE MARKETS DUE TO TARIFF IMPACT                 80

TABLE 23              STEEL WIRE ROPE MARKET, BY LAY TYPE, 2023–2030 (USD MILLION)       87

TABLE 24              STEEL WIRE ROPE MARKET, BY LAY TYPE, 2023–2030 (KILOTON)                87

TABLE 25              REGULAR LAY: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            88

TABLE 26              REGULAR LAY: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)  88

TABLE 27              LANG LAY: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (USD MILLION)          89

TABLE 28              LANG LAY: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)  89

TABLE 29              STEEL WIRE ROPE MARKET, BY DIAMETER, 2023–2030 (USD MILLION)            92

TABLE 30              STEEL WIRE ROPE MARKET, BY DIAMETER, 2023–2030 (KILOTON)     92

TABLE 31              ≤1/4 INCH: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (USD MILLION)          93

TABLE 32              ≤1/4 INCH: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)  93

TABLE 33              >1/4 INCH: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (USD MILLION)          94

TABLE 34              >1/4 INCH: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)  94

TABLE 35              STEEL WIRE ROPE MARKET, BY COATING TYPE, 2023–2030 (USD MILLION)            96

TABLE 36              STEEL WIRE ROPE MARKET, BY COATING TYPE, 2023–2030 (KILOTON)     96

TABLE 37              PLASTIC-COATED: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            97

TABLE 38              PLASTIC-COATED: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)            97

TABLE 39              NON-PLASTIC COATED: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            98

TABLE 40              NON-PLASTIC COATED: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (KILOTON)     98

TABLE 41              STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)            101

TABLE 42              STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)     102

TABLE 43              CONSTRUCTION: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            102

TABLE 44              CONSTRUCTION: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)            103

TABLE 45              MINING: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (USD MILLION)          103

TABLE 46              MINING: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)  104

TABLE 47              MARINE & FISHING: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            104

TABLE 48              MARINE & FISHING: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (KILOTON)     105

TABLE 49              INDUSTRIAL & CRANE: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            105

TABLE 50              INDUSTRIAL & CRANE: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (KILOTON)     106

TABLE 51              OIL & GAS: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (USD MILLION)          106

TABLE 52              OIL & GAS: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)  107

TABLE 53              OTHER APPLICATIONS: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            107

TABLE 54              OTHER APPLICATIONS: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (KILOTON)     108

TABLE 55             STEEL WIRE ROPE MARKET, BY MATERIAL TYPE, 2023–2030 (USD MILLION)            110

TABLE 56             STEEL WIRE ROPE MARKET, BY MATERIAL TYPE, 2023–2030 (KILOTON)     111

TABLE 57              CARBON STEEL: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            111

TABLE 58              CARBON STEEL: STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)  112

TABLE 59              GALVANIZED STEEL: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            112

TABLE 60              GALVANIZED STEEL: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (KILOTON)     113

TABLE 61              STAINLESS STEEL: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            113

TABLE 62              STAINLESS STEEL: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (KILOTON)     114

TABLE 63              OTHER MATERIAL TYPES: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (USD MILLION)            114

TABLE 64              OTHER MATERIAL TYPES: STEEL WIRE ROPE MARKET, BY REGION,

2023–2030 (KILOTON)     115

TABLE 65              STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (USD MILLION)       117

TABLE 66              STEEL WIRE ROPE MARKET, BY REGION, 2023–2030 (KILOTON)                118

TABLE 67              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (USD MILLION)            119

TABLE 68              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (KILOTON)     119

TABLE 69              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY LAY TYPE,

2023–2030 (USD MILLION)            120

TABLE 70              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY LAY TYPE,

2023–2030 (KILOTON)     120

TABLE 71              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY DIAMETER,

2023–2030 (USD MILLION)            120

TABLE 72              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY DIAMETER,

2023–2030 (KILOTON)     120

TABLE 73              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (USD MILLION)            121

TABLE 74              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (KILOTON)     121

TABLE 75              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            122

TABLE 76              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     122

TABLE 77              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            122

TABLE 78              NORTH AMERICA: STEEL WIRE ROPE MARKET, BY COUNTRY,

2023–2030 (KILOTON)     123

TABLE 79              US: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              123

TABLE 80              US: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      124

TABLE 81              CANADA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            124

TABLE 82              CANADA: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      125

TABLE 83              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (USD MILLION)            126

TABLE 84              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (KILOTON)     126

TABLE 85              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY LAY TYPE,

2023–2030 (USD MILLION)            127

TABLE 86              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY LAY TYPE, 2023–2030 (KILOTON)               127

TABLE 87              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY DIAMETER,

2023–2030 (USD MILLION)            127

TABLE 88              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY DIAMETER, 2023–2030 (KILOTON)             128

TABLE 89              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (USD MILLION)            128

TABLE 90              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (KILOTON)     128

TABLE 91              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            129

TABLE 92              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     129

TABLE 93              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            129

TABLE 94              ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY COUNTRY, 2023–2030 (KILOTON)              130

TABLE 95              CHINA: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              130

TABLE 96              CHINA: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      131

TABLE 97              SOUTH KOREA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            131

TABLE 98              SOUTH KOREA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     132

TABLE 99              INDIA: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              132

TABLE 100            INDIA: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      133

TABLE 101            JAPAN: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              133

TABLE 102            JAPAN: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      134

TABLE 103            REST OF ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            134

TABLE 104            REST OF ASIA PACIFIC: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     135

TABLE 105            EUROPE: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (USD MILLION)            136

TABLE 106            EUROPE: STEEL WIRE ROPE MARKET, BY COATING TYPE, 2023–2030 (KILOTON)   136

TABLE 107            EUROPE: STEEL WIRE ROPE MARKET, BY LAY TYPE, 2023–2030 (USD MILLION)                137

TABLE 108            EUROPE: STEEL WIRE ROPE MARKET, BY LAY TYPE, 2023–2030 (KILOTON)        137

TABLE 109            EUROPE: STEEL WIRE ROPE MARKET, BY DIAMETER, 2023–2030 (USD MILLION)    137

TABLE 110            EUROPE: STEEL WIRE ROPE MARKET, BY DIAMETER, 2023–2030 (KILOTON)             138

TABLE 111            EUROPE: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (USD MILLION)            138

TABLE 112            EUROPE: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE, 2023–2030 (KILOTON) 138

TABLE 113            EUROPE: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            139

TABLE 114            EUROPE: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      139

TABLE 115            EUROPE: STEEL WIRE ROPE MARKET, BY COUNTRY, 2023–2030 (USD MILLION)     140

TABLE 116            EUROPE: STEEL WIRE ROPE MARKET, BY COUNTRY, 2023–2030 (KILOTON)              140

TABLE 117            GERMANY: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            141

TABLE 118            GERMANY: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      141

TABLE 119            FRANCE: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            142

TABLE 120            FRANCE: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      142

TABLE 121            UK: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              143

TABLE 122            UK: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      143

TABLE 123            ITALY: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              144

TABLE 124            ITALY: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      144

TABLE 125            SPAIN: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              145

TABLE 126            SPAIN: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      145

TABLE 127            REST OF EUROPE: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            146

TABLE 128            REST OF EUROPE: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     146

TABLE 129            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (USD MILLION)            147

TABLE 130            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (KILOTON)     147

TABLE 131            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY LAY TYPE,

2023–2030 (USD MILLION)            147

TABLE 132            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY LAY TYPE, 2023–2030 (KILOTON)               148

TABLE 133            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY DIAMETER,

2023–2030 (USD MILLION)            148

TABLE 134            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY DIAMETER,

2023–2030 (KILOTON)     148

TABLE 135            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (USD MILLION)            149

TABLE 136            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (KILOTON)     149

TABLE 137            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            149

TABLE 138            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     150

TABLE 139            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            150

TABLE 140            LATIN AMERICA: STEEL WIRE ROPE MARKET, BY COUNTRY, 2023–2030 (KILOTON)              150

TABLE 141            MEXICO: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            151

TABLE 142            MEXICO: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      151

TABLE 143            BRAZIL: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              152

TABLE 144            BRAZIL: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      152

TABLE 145            REST OF LATIN AMERICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            153

TABLE 146            REST OF LATIN AMERICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     153

TABLE 147            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (USD MILLION)            154

TABLE 148            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY COATING TYPE,

2023–2030 (KILOTON)     154

TABLE 149            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY LAY TYPE,

2023–2030 (USD MILLION)            155

TABLE 150            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY LAY TYPE,

2023–2030 (KILOTON)     155

TABLE 151            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY DIAMETER,

2023–2030 (USD MILLION)            155

TABLE 152            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY DIAMETER,

2023–2030 (KILOTON)     156

TABLE 153            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (USD MILLION)            156

TABLE 154            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY MATERIAL TYPE,

2023–2030 (KILOTON)     156

TABLE 155            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            157

TABLE 156            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     157

TABLE 157            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            158

TABLE 158            MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY COUNTRY,

2023–2030 (KILOTON)     158

TABLE 159            UAE: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              159

TABLE 160            UAE: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)      159

TABLE 161            SAUDI ARABIA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            160

TABLE 162            SAUDI ARABIA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     160

TABLE 163            REST OF GCC COUNTRIES: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            161

TABLE 164            REST OF GCC COUNTRIES: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     161

TABLE 165            SOUTH AFRICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            162

TABLE 166            SOUTH AFRICA: STEEL WIRE ROPE MARKET, BY APPLICATION,

2023–2030 (KILOTON)     162

TABLE 167            REST OF MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (USD MILLION)                 163

TABLE 168            REST OF MIDDLE EAST & AFRICA: STEEL WIRE ROPE MARKET, BY APPLICATION, 2023–2030 (KILOTON)                 163

TABLE 169            KEY PLAYERS’ STRATEGIES/RIGHT TO WIN, 2020–2025              164

TABLE 170            STEEL WIRE ROPE MARKET: DEGREE OF COMPETITION, 2024       167

TABLE 171            STEEL WIRE ROPE MARKET: REGION FOOTPRINT       173

TABLE 172            STEEL WIRE ROPE MARKET: LAY TYPE FOOTPRINT       173

TABLE 173            STEEL WIRE ROPE MARKET: MATERIAL TYPE FOOTPRINT       174

TABLE 174            STEEL WIRE ROPE MARKET: COATING TYPE FOOTPRINT       175

TABLE 175            STEEL WIRE ROPE MARKET: DIAMETER FOOTPRINT       175

TABLE 176            STEEL WIRE ROPE MARKET: APPLICATION FOOTPRINT       176

TABLE 177            STEEL WIRE ROPE MARKET: DETAILED LIST OF KEY START-UPS/SMES   178

TABLE 178            STEEL WIRE ROPE MARKET: COMPETITIVE BENCHMARKING OF

KEY START-UPS/SMES (1/2)         179

TABLE 179            STEEL WIRE ROPE MARKET: COMPETITIVE BENCHMARKING OF

KEY START-UPS/SMES (2/2)         180

TABLE 180            STEEL WIRE ROPE MARKET: DEALS, JANUARY 2020–OCTOBER 2025        182

TABLE 181            STEEL WIRE ROPE MARKET: PRODUCT LAUNCHES,

JANUARY 2020–OCTOBER 2025   183

TABLE 182            STEEL WIRE ROPE MARKET: EXPANSIONS, JANUARY 2020–OCTOBER 2025   184

TABLE 183            BEKAERT: COMPANY OVERVIEW              185

TABLE 184            BEKAERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED             186

TABLE 185            BEKAERT: DEALS             189

TABLE 186            WIRECO: COMPANY OVERVIEW                190

TABLE 187            WIRECO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             190

TABLE 188            WIRECO: PRODUCT LAUNCHES                 195

TABLE 189            WIRECO: EXPANSIONS  196

TABLE 190            KISWIRE LTD.: COMPANY OVERVIEW     197

TABLE 191            KISWIRE LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    198

TABLE 192            USHA MARTIN LIMITED: COMPANY OVERVIEW                 201

TABLE 193            USHA MARTIN LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    202

TABLE 194            USHA MARTIN LIMITED: PRODUCT LAUNCHES                 205

TABLE 195            TEUFELBERGER: COMPANY OVERVIEW 207

TABLE 196            TEUFELBERGER: PRODUCTS/SOLUTIONS/SERVICES OFFERED    207

TABLE 197            LOOS & CO.INC.: COMPANY OVERVIEW 211

TABLE 198            LOOS & CO. INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    211

TABLE 199            PFEIFER GROUP: COMPANY OVERVIEW                 215

TABLE 200            PFEIFER GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    215

TABLE 201            PFEIFER GROUP: DEALS                218

TABLE 202            TOKYO ROPE MFG. CO., LTD.: COMPANY OVERVIEW          219

TABLE 203            TOKYO ROPE MFG. CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    220

TABLE 204            JIANGSU LANGSHAN WIRE ROPE CO., LTD.: COMPANY OVERVIEW   222

TABLE 205            JIANGSU LANGSHAN WIRE ROPE CO., LTD.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        222

TABLE 206            BILCO GROUP: COMPANY OVERVIEW   226

TABLE 207            BILCO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    226

TABLE 208            SWR LTD.: COMPANY OVERVIEW             229

TABLE 209            SWR LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             229

TABLE 210            LEXCO CABLE: COMPANY OVERVIEW    232

TABLE 211            LEXCO CABLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    232

TABLE 212            JIANGYIN JIAHUA ROPES CO., LTD.: COMPANY OVERVIEW          235

TABLE 213            JIANGYIN JIAHUA ROPES CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    235

TABLE 214            NANTONG SHENWEI STEEL WIRE ROPE CO., LTD.: COMPANY OVERVIEW       237

TABLE 215            NANTONG SHENWEI STEEL WIRE ROPE CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED        237

TABLE 216            BHARAT WIRE ROPES LTD.: COMPANY OVERVIEW          240

TABLE 217            BHARAT WIRE ROPES LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    241

TABLE 218            HANGZHOU ZHEZHONG CHAIN CO., LTD.: COMPANY OVERVIEW   244

TABLE 219            TYLER MADISON, INC.: COMPANY OVERVIEW                 245

TABLE 220            ORION ROPES PRIVATE LIMITED: COMPANY OVERVIEW          246

TABLE 221            ASAHI ROPES: COMPANY OVERVIEW      247

TABLE 222            DAVANGERE WIRE ROPE INDUSTRY PVT. LTD: COMPANY OVERVIEW   248

TABLE 223            SHREE STEEL WIRE ROPES LTD.: COMPANY OVERVIEW          249

TABLE 224            J D WIRE ROPES: COMPANY OVERVIEW 250

TABLE 225            SURASHA WIREROPES: COMPANY OVERVIEW                 251

TABLE 226            JIANGYIN TUOXIN STEEL ROPE CO., LTD.: COMPANY OVERVIEW   252

TABLE 227            SHREE VARDHAMAN WIRE ROPES: COMPANY OVERVIEW          253

LIST OF FIGURES

FIGURE 1              STEEL WIRE ROPE MARKET: SEGMENTATION AND REGIONAL SCOPE 25

FIGURE 2              STEEL WIRE ROPE MARKET: RESEARCH DESIGN                 29

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              33

FIGURE 4              MARKET SIZE ESTIMATION: TOP-DOWN APPROACH         33

FIGURE 5              STEEL WIRE ROPE MARKET: DATA TRIANGULATION             35

FIGURE 6              REGULAR LAY TYPE TO ACCOUNT FOR LARGER MARKET SHARE IN 2030 39

FIGURE 7              STAINLESS STEEL SEGMENT TO LEAD MARKET IN 2030  39

FIGURE 8              NON-PLASTIC COATED SEGMENT TO DOMINATE MARKET IN 2030       40

FIGURE 9              >1/4 INCH SEGMENT TO ACCOUNT FOR LARGER SHARE IN 2030  40

FIGURE 10            CONSTRUCTION APPLICATION TO LEAD MARKET IN 2030                41

FIGURE 11            ASIA PACIFIC TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       41

FIGURE 12            INCREASING DEMAND FROM CONSTRUCTION APPLICATION TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS           43

FIGURE 13            CONSTRUCTION SEGMENT AND ASIA PACIFIC LED STEEL WIRE ROPE MARKET

IN 2024  44

FIGURE 14            LANG LAY TYPE TO EXHIBIT HIGHER CAGR DURING FORECAST PERIOD       44

FIGURE 15            STAINLESS STEEL TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       45

FIGURE 16            PLASTIC COATED SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD        45

FIGURE 17            ≤1/4 INCH SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD          46

FIGURE 18            CONSTRUCTION APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD      46

FIGURE 19            CHINA TO REGISTER HIGHEST CAGR IN STEEL WIRE ROPE MARKET DURING FORECAST PERIOD            47

FIGURE 20            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN STEEL WIRE ROPE MARKET      48

FIGURE 21            PORTER’S FIVE FORCES ANALYSIS           53

FIGURE 22            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS           55

FIGURE 23            BUYING CRITERIA FOR TOP THREE APPLICATIONS 56

FIGURE 24            STEEL WIRE ROPE MARKET: SUPPLY CHAIN ANALYSIS            61

FIGURE 25            STEEL WIRE ROPE MARKET: ECOSYSTEM ANALYSIS            62

FIGURE 26            EXPORT DATA FOR HS CODE 731210-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      63

FIGURE 27            IMPORT DATA FOR HS CODE 731210-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      64

FIGURE 28            PATENT ANALYSIS, BY DOCUMENT TYPE, 2015–2024        68

FIGURE 29            PATENT PUBLICATION TRENDS, 2015−2024                 68

FIGURE 30            LEGAL STATUS OF PATENTS, 2015–2024 69

FIGURE 31            CHINA REGISTERED HIGHEST PERCENTAGE OF PATENTS BETWEEN

2015 AND 2024    69

FIGURE 32            TOP 10 PATENT APPLICANTS, 2015–2024                 70

FIGURE 33            TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS   77

FIGURE 34            INVESTMENT AND FUNDING SCENARIO, 2021–2024 (USD MILLION)       78

FIGURE 35            LANG LAY SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD          87

FIGURE 36            ≤1/4 INCH DIAMETER SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD        92

FIGURE 37            PLASTIC-COATED SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD      96

FIGURE 38            CONSTRUCTION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD      101

FIGURE 39            STAINLESS STEEL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD      110

FIGURE 40            CHINA TO REGISTER HIGHEST GROWTH IN STEEL WIRE ROPE MARKET DURING FORECAST PERIOD                 117

FIGURE 41            NORTH AMERICA: STEEL WIRE ROPE MARKET SNAPSHOT          119

FIGURE 42            ASIA PACIFIC: STEEL WIRE ROPE MARKET SNAPSHOT          126

FIGURE 43            EUROPE: STEEL WIRE ROPE MARKET SNAPSHOT          136

FIGURE 44            REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024 (USD MILLION) 166

FIGURE 45            MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024        166

FIGURE 46            TOP TRENDING BRANDS/PRODUCTS    168

FIGURE 47            BRAND/PRODUCT COMPARISON             169

FIGURE 48            STEEL WIRE ROPE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024         171

FIGURE 49            STEEL WIRE ROPE MARKET: COMPANY FOOTPRINT       172

FIGURE 50            STEEL WIRE ROPE MARKET: COMPANY EVALUATION MATRIX

(START-UPS/SMES), 2024               178

FIGURE 51            STEEL WIRE ROPE MARKET: COMPANY VALUATION       181

FIGURE 52            STEEL WIRE ROPE MARKET: FINANCIAL METRICS (EV/EBITDA) 181

FIGURE 53            YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK BETA    182

FIGURE 54            BEKAERT: COMPANY SNAPSHOT              186

FIGURE 55            KISWIRE LTD.: COMPANY SNAPSHOT     198

FIGURE 56            USHA MARTIN LIMITED: COMPANY SNAPSHOT                 202

FIGURE 57            TOKYO ROPE MFG. CO., LTD.: COMPANY SNAPSHOT          219

FIGURE 58            BHARAT WIRE ROPES LTD.: COMPANY SNAPSHOT          240