New York, NY -- (SBWIRE) -- 08/25/2020 -- The Global Steel Cord Market report renders an in-depth examination and study of the Steel Cord industry, including assessment of major segments like trends, drivers and restraints, opportunities, regulatory framework, value chain analysis, and overall market landscape. The report covers advancements in technologies, product developments, profiles of key competitors, business strategies, and emerging trends of the industry.

The report is updated with the latest market and economic scenario with regard to the COVID-19 pandemic. The report is furnished with the current details and changes in the demand and trends relating to the COVID-19 crisis. Impact analysis of the pandemic on the overall growth of the industry and its future impact is covered in the report.

The global steel cord market is forecasted to grow at a rate of 5.5% in terms of value, from USD 5.26 billion in 2019 to reach USD 8.11 billion by 2027.

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The report provides a comprehensive overview of the competitive landscape and provides an analysis of the key companies operating in the industry. The top players operating in the industry are Bekaert, ArcelorMittal, Hyosung, Tokusen Kogyo Co., Sumitomo Electric Industries, Bridgestone, Henan Hengxing, Jiangsu Xingda Steel Tyre Cord, Toyo Tire Corporation, Apollo Conveyor Pvt. Ltd., among others.

The Steel Cord industry is segmented into:
Product Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Brass Coated
- Zinc Coated
- Others

Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Normal Tensile
- High Tensile
- Super Tensile
- Ultra Tensile

Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Tires
- Conveyer Belts
- Others

Regional Outlook of Steel Cord Market:
The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Steel Cord market is analyzed on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

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Advantages of Steel Cord Market Report:
- Panoramic overview of the opportunities and risks in the Steel Cord sector
- Study of recent innovations and developments in the industry
- Comprehensive study of the growth pattern of the Steel Cord industry
- In-depth assessment of the competitive landscape of the key players of the Steel Cord industry
- Analysis of the Steel Cord market drivers, constraints, and opportunities
- Assessment of technological developments and the latest trends in the industry

Key considerations of the Steel Cord Market Report:
Strategic Developments:
The study includes an assessment of key strategic developments of the Steel Cord industry, including R&D advancements, product launches, brand promotions, mergers and acquisitions, joint ventures, collaborations, government deals, agreements, and partnerships. Regional growth of the leading companies is also provided on a global as well as country-wise scale.

Vital Features of the Market:
The report covers the evaluation of the key market features such as revenue, price analysis, capacity, gross margin, production and consumption ratio, import/export, and supply and demand ratio. Along with this, CAGR, gross margins, and estimated revenue generation is also covered by the report. The report further covers the market growth based on each segment and sub-segment of the industry.

Analytical Tools:
The report is furnished with accurate and assessed statistical data of the key industry players and their scope in the market. The analytical tools include SWOT analysis, Porter's Five Forces Analysis, feasibility analysis, and investment return analysis. These tools have been utilized to gain a deeper understanding of the key market players and their operations in the industry.

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