Bead Wire Market

The global Bead Wire market was valued at 956.84 Million USD in 2021 and will grow with a CAGR of .84% from 2021 to 2027, based on Research newly published report.

The prime objective of Bead Wire Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Bead Wire Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.Of the major players of Tyre Bead Wire, Bekaert its first place in the ranking in 2017. Bekaert accounted for 27.66 % of Thailand Tyre Bead Wire sales volume market share in 2017. Other players accounted for 24.12%, 20.87% and 12.87 % including Kiswire, Rajratan and Shandong Daye.

By Market Verdors:

• Bekaert
• Kiswire
• Rajratan
• Shandong Daye

By Types:

• 0.78~1.60 mm
• 1.65~1.83 mm
• Above 1.83 mm

By Applications:

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• Radial Tire
• Bias Tire

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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