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2025年中国钢帘线用盘条行业市场政策、产业链图谱、市场规模、竞争格局及发展趋势研判:下游市场需求旺盛[图]
Chan Ye Xin Xi Wang·2025-06-25 01:45

Core Viewpoint - The automotive industry in China is experiencing significant growth, leading to increased demand for radial tires and consequently for the key raw material, steel cord wire rods, which is projected to reach a market size of 4.808 billion yuan in 2024, reflecting a year-on-year growth of 8.53% [1][11]. Industry Overview - Steel cord wire rods, also known as cord steel, are high-quality hard wire steel products with a diameter typically around 5.5mm and a carbon content between 0.62% and 1.02%. The production of steel cord wire requires strict control over chemical composition and impurities to ensure quality [2]. - The production of steel cord wire is critical for the manufacturing of various types of tires, including passenger car tires and heavy-duty truck tires, which are essential for the automotive industry [7]. Market Policies - The Chinese government has implemented several policies to promote the development of the steel industry, including the steel cord wire rod sector, focusing on digital transformation, energy conservation, and carbon reduction [4][6]. - Key policies include the "Three-Year Action Plan for Digital Transformation in the Steel Industry" and various plans aimed at enhancing energy efficiency and reducing carbon emissions in steel production [4][6]. Industry Chain - The upstream of the steel cord wire rod industry includes suppliers of raw materials such as iron ore, coal, and scrap steel, as well as equipment manufacturers. The downstream market primarily consists of tire manufacturers who utilize steel cord wire rods in their products [7]. Development Status - The rapid growth of the tire industry in China, driven by economic stimulus policies and increased automotive production, has led to a significant rise in the production of steel cord wire, which is expected to reach 3.3048 million tons in 2024, marking an 8.53% increase year-on-year [9][11]. Competitive Landscape - The steel cord wire rod industry in China is characterized by a competitive landscape dominated by major domestic steel groups such as Ansteel, Shagang, and Xincheng Special Steel, with foreign companies like Kobe Steel and Saarstahl also playing a role in high-strength steel segments [13][15]. - Ansteel and Shagang are leading players, with Shagang accounting for over 20% of the national production capacity [15]. Future Trends - The demand for high-performance tires, particularly in the context of the growing electric vehicle market, is expected to drive the development of high-strength and ultra-high-strength steel cord wire rods. The industry will increasingly focus on green manufacturing practices to meet environmental standards and enhance resource efficiency [21].