Bead Wire market size is estimated to be worth US$ 946.1 million in 2021 and is forecast to a readjusted size of US$ 1000.3 million by 2028 with a CAGR of 0.8% during the review period. Tyre Bead wire is the steel wire made of high-carbon steel whose surface is plated with brass or bronze. It has a high strength, a good flexibility, a supreme fatigue property and an excellent linearity, which can be adhered to the rubber easily, and is mainly used in the tyre bead as the reinforcing materials. This product prevents tyre from changing shape due to air pressure or external forces. It is widely used in Bicycle & Motorcycle Tyre, Passenger Car Tyre, Light Truck Tyre, Truck & Bus Tyre, Plane Tyre etc.
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Segment by Type
0.78~1.60 mm
1.65~1.83 mm
Above 1.83 mm
Segment by Application
Radial Tire
Bias Tire
Top Major Key Players:
Bekaert
Kiswire
Hyosung
Rajratan
Heico Wire Group
TATA Steel
WireCo WorldGroup
Shandong Daye
Langgeng Bajapratama, PT
Xingda
Snton
Guizhou Wire Rope
King Industrial
Shengda Steel Co., Ltd.
Hubei Fuxing Science and Technology ., Ltd.
Zibo Chuangda Industry Co.,Ltd.
Zhejiang Tianlun Steel Wire Co., Ltd.
Tokyo Rope Mfg.Co.,
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Scope of the Report
The research study analyzes the global Bead Wire Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Bead Wire Market Report
1. What was the Bead Wire Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Bead Wire Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Bead Wire Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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