Analysis of the development of consumption and production of steel cord

Abstract

Dynamics of development of sales of cars in the world is considered. The steady growth of car sales in the period 2013–2018 was determined. It is determined that in just nine months of 2018, 71 153 025 cars were registered in the world, which is 1.7% more than in the nine months of 2017, and according to the data of the ASEAN (European Association of car manufacturers), 11 951 957 cars were registered in the automotive market of the European Union countries in the nine months of 2018 in the EU, which is 2.5% more than in the same period of 2017. It is determined that despite some decline in production in Japan, South Korea, the rest of the traditional car manufacturers in Europe and North America show a steady pace of development, built and planned construction of new modern production of automotive equipment mainly in the Asian and South American regions. Analysis of the development of metal cord production showed that it is expected to increase investment in the production of metal cord with a planned increase in production by 22% until 2022. At the same time, the greatest growth should fall on passenger and lightcargo tires. Due to the increasing competition in the metal cord market, the development of the latter is in the direction of highstrength structures. The transition to a high-strength metal cord attracts the possibility of reducing the weight of tires, increasing their mobility and reducing the cost per unit weight of the metal cord with an equally strong replacement of structures in tires.