The South Africa market size for steel wire rope reached a value of more than USD 11.32 Million in 2024. The South Africa steel wire rope market is expected to grow at a CAGR of 2.70% between 2025 and 2034, reaching a value of USD 14.78 Million by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
2.7%
Value in USD Million
2025-2034
South Africa Steel Wire Rope Market Outlook
*this image is indicative*
Steel wire rope is a strong and durable rope used for fastening, securing, and positioning equipment because of its characteristics such as rigidity, toughness, and strength. Steel wire rope’s bending fatigue resistance is increased by adding a layer of plastic between outer strand, through an independent wire rope core (IWRC), and by increasing the area of contact between the sheave and steel wire rope.
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The EMR’s report titled “South Africa Steel Wire Rope Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type of Lay
Market Breakup by Strand Pattern
Market Breakup by Coating Type
Market Breakup by Application
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The strands in regular lay flows in the opposite direction due to which they have higher stability and greater resistance to crushing. These characteristics have resulted in regular lay type occupying a significant segment of the South Africa steel wire rope market.
The flow of the strands in lang lay are in same direction which makes pulling, lifting, pushing, and hoisting of objects easier. Lang lay steel wire ropes are also abrasion resistant and have superior tolerance to fatigue.
Alternate lay is a combination of lang lay and regular lay. It contains three strands of lang lay and other three of ordinary lay along, resulting in a combination of properties of both the lay types. Alternate lay steel wire ropes are typically used for special applications.
Different applications of steel wire ropes can benefit from different coating materials. Nylon is usually applied as a coating in order to prevent damage and corrosion of the steel wire rope. Meanwhile, vinyl and PVC are used as a coating for galvanised steel wire rope and stainless steel.
PVC is used for resistance from water and harsh weather conditions. PVC is widely adopted by individuals because it is cost-effective too. Nylon is tough when compared to other coatings which is why is used for various load running application. Nylon is considered for the largest market share holder in the South Africa steel wire rope market due to its toughness and damage protection capabilities.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the South Africa steel wire rope market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Rope Constructions Company was established in 1919 with its headquarter in Johannesburg, South Africa. They provide quality steel wire ropes, rigging gear, lifting equipment, and anchoring equipment to their consumer markets.
Scaw South Africa (Proprietary) Limited (Scaw) manufactures steel products. It was incorporated in 1924 and has its head office in Johannesburg, South Africa. They serve construction, mining, power, infrastructure, and offshore oil and gas industries with their products. They manufacture with sustainable goals in mind.
Anchor Industries is a service provider of laser marking, laser cutting, and metal cutting. It was founded in 2005 and has its headquarters in New Delhi, India. They use hi-tech production techniques for their products so that they will be able to fulfil the needs of their clients.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include NV Bekaert SA, Ndlovu Wire Ropes, Haggie Rand Zimbabwe (Pvt) Ltd, and Accord Lifting, among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The South Africa market size for steel wire rope reached a value of more than USD 11.32 Million in 2024.
The market is expected to grow at a CAGR of 2.70% between 2025 and 2034.
Steel wire rope properties such as durability and strength and growth of the end-user industries are the major market drivers.
The South Africa market size for steel wire rope is expected to reach a value of more than USD 14.78 Million by 2034.
The key trends of the market are new advancements, increase in use of steel wire ropes in offshore oil and gas transportation, and use of corrosive resistant steel wire ropes.
Based on type of lay, the South Africa steel wire rope market can be segmented into regular lay, lang lay, and alternate lay.
Key market players are NV Bekaert SA, Ndlovu Wire Ropes, Rope Constructions Company, Scaw South Africa (Proprietary) Limited (Scaw), Haggie Rand Zimbabwe (Pvt) Ltd, Accord Lifting, and Anchor Industries, among others.
Steel wire rope is a strong and durable rope used for fastening, securing, and positioning equipment because of its characteristics such as rigidity and toughness.
On the basis of strand pattern, the market can be divided into single layer, filler wire, Warrington, and combination.
Steel wire rope’s bending fatigue resistance is increased by adding a layer of plastic between outer strand, through independent wire rope core IWRC, and by increasing the area of contact between the sheave and steel wire rope.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type of Lay |
|
| Breakup by Strand Pattern |
|
| Breakup by Coating Type |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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