Industrial, Manufacturing & Heavy Industry Market News

New reports wrap up the steel cord market

Industrial Market Research

Cord made of genuine steel offers several key benefits over other materials, the most notable being strength. The following two reports provide a detailed analysis of both current and future scenarios for the steel cable market.

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As the name suggests, steel cord is a type of cord or cable that's made of steel. It's manufactured by twisting multiple wires together; thus, forming a single steel cord.

Once complete, steel cord can be used in a wide range of applications, including transportation, freight, industrial equipment, conveyor belts and more.

Twisting, or "braiding," steel wires together greatly improves its strength.

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While a single steel wire it still stronger than wires made of other materials, it's strength can be magnified by braiding multiple wires to create steel cord.

Furthermore, stainless steel contains a protective coating -- usually chromium -- to discourage the formation of rust and subsequent corrosion. For these reasons and others, companies are investing in steel cord to use in their respective operations.

The 2017 Global Steel Cord Industry Research report by The Market Reports explores the ever-growing steel cord market by revealing a complete analysis of the market and where it's headed. Featuring insight from industry professionals and analysts, it explores the market's definitions, classifications, applications, chain structure, import and export consumption, supply and demand, cost, price, revenue, gross margins and more.

On the basis of application, the report segments the steel cord market by passenger car use and freight car use. On the basis of product type, the market is segmented by normal tension and high tension.

Some of the key steel cable vendors profiled in this report include Bekaert, Arcelormittal, Hyosung, Michelin, Tokyo Rope Mfg.Co.,Ltd., Sodetal, Bridgestone, Tokusen, Bmz, Xingda, Snton, Junma, Tesc, Fuxing, Jesc, Hengxing and others.

The Global Steel Cord Industry Market Research report by The Market Reports is a second comprehensive study of the global steel cord market. Featuring 196 pages, complete with associated tables, figures and statistics, it's one of the largest and most in-depth reports covering the global steel cord market.

In essence, the report features two main parts, the first of which focuses on production, whereas the second revolves around the use and consumption of steel cord products. The report further reveals the market's production, revenue, gross margins, key manufacturers, price, cost and more.

This report has been prepared using custom databases, industry insight, expert interviews, network information and more. It concludes with a feasibility assessment of new investment projects in the steel cord market.

The bottom line is that both of these reports scrutinize the global steel cord market and where it's headed. If you're thinking about investing or working in this market, you should check out these reports.

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Paul Hosking - Market Research NewsPaul Hosking
Category: New MediaCompany about: Paul Hosking, founder of WhaTech writes from his experience with Market Research Reports. Sharing the latest and most interesting reports. Giving investors the "heads up" on what's next!
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