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.
On the basis of product type, the 0.78~1.60 mm wire diameter Tyre Bead Wire segment is projected to account for the largest sales volume share during the forecast period; this segment was estimated to account for 83.88 % volume share in 2017.
In the applications, the Radial Tire segment was estimated to account for the highest sales volume share of 86.70 % in 2017 and is expected to gain significant market share by the end of 2030.

The Global Bead Wire (Tyre Bead Wire) Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Bead Wire (Tyre Bead Wire) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Bekaert
Kiswire
Rajratan
Shandong Daye
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

0.78~1.60 mm
1.65~1.83 mm
Above 1.83 mm
In Market segmentation by applications :

Radial Tire
Bias Tire

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Bead Wire (Tyre Bead Wire) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Bead Wire (Tyre Bead Wire) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Bead Wire (Tyre Bead Wire) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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