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.
The main manufacturers of bead wire include Bekaert, Shandong Daye, Xingda, Snton and Tata Steel. The top three companies account for more than 55% of the market.
China is the main market, accounting for about 60%, followed by Europe at about 15%.

Market Analysis and Insights: Global Bead Wire Market
In 2020, the global Bead Wire market size was US$ 946.1 million and it is expected to reach US$ 1000.3 million by the end of 2027, with a CAGR of 0.8% during 2021-2027.
Global Bead Wire Scope and Market Size
Bead Wire market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Bead Wire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Bead Wire market is segmented into
0.78~1.60 mm
1.65~1.83 mm
Above 1.83 mm

Segment by Application, the Bead Wire market is segmented into
Radial Tire
Bias Tire

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Bead Wire Market Share Analysis
Bead Wire market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Bead Wire product introduction, recent developments, Bead Wire sales by region, type, application and by sales channel.

The major companies include:
Bekaert
Kiswire
Rajratan
Shandong Daye