Market Research Reports - Ken Research Organized Steel Wire Rope Manufacturers | Page 3

By Rope Composition Steel wire ropes use wire rods of black carbon steel, stainless steel or other steel alloys as raw material. There are various sub-segments of the steel types within these umbrella terms. Black carbon steel ropes dominate the market and account for highest production of the total in India steel wire rope market. The black carbon wire ropes are highly versatile and can be uncoated or galvanized. Stainless steel wire ropes are corrosion and rust resistant and are used majorly in marine applications. By Organized and Un-organized Players In FY’2018, unorganized players have dominated the market in terms of sales volume followed by organized players. Organized players have a production capacity of more than or equal to 500 tons per annum while un-organized players have a production capacity of less than 500 tons per annum. By Type of Lay