Chemicals & MaterialsAug 11, 2026

Bekaert

Company Profile Analysis

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Bekaert - Chemicals & Materials showcase

Year Founded & Workforce

1879-12-31

26,980 Employees

Industry

Chemicals & Materials

Services

Bekaert Overview

Company Headquarters: West Flanders, Belgium

Founded: 1880

Workforce: ~26,980

Company Working: Bekaert is a provider of steel wire transformation and coating technologies. The company sells a variety of goods, such as wire for cooking utensils, tyre cords, heating cords, welded mesh, window film and shovel ropes. Rubber reinforcement, steel wire solutions, specialist companies, and Bridon-Bekaert Ropes Group are its four business segments. The company's products aid in lowering friction, enhancing adhesion with other materials, and improving corrosion resistance. Several industries, including the automotive, building, energy, agricultural, and consumer goods industries, equips Bekaert's products. Additionally, the business provides coating technologies such polymer extrusion, electrodeposition cladding, lacquering, hot dipping, and powder coating. Asia, Europe, North America, Latin America, the Middle East, and Africa are all regions where the company conducts business. Belgian Flandre Orientale city of Zwevegem serves as the company's headquarters.

Strategy

Bekaert wants to be the leading player in creating a safe, intelligent, and sustainable way to live and move. The company is focused on enhancing its core operations and expanding beyond steel with lighter, more environmentally friendly, and more sophisticated products. The company's pioneering attitude enables them to investigate, create, and promote ideas that improve people's lives. The mission of the organization, which is to create the new possible, reflects all of this. The business uses the metaphor of a compass as its compass to stay on course and advance towards its objectives. Bekaert's Beyond Compass serves as a dual-purpose manual that directs us through both their culture and strategy.

Company Snapshot

26,980

Employees

1879-12-31

Founded

West Flanders, Belgium

Headquarters

SWOT Analysis

Strengths

Extensive industry experience
Strong employee and customer base
High brand value and market reputation
Wide geographical presence across 120 countries

Weaknesses

Dependence on raw materials: Bekaert relies on the availability and cost of raw materials, such as steel wire rod and coatings, which can be subject to price volatility.
Uncertainties in the form of commodities price risk, credit risk, foreign exchange risk and interest rate risk.

Opportunities

Uncertainties in the form of commodities price risk, credit risk, foreign exchange risk and interest rate risk.
Increasing adoption of advanced steel wire products in sectors such as automotive, construction, and energy presents opportunities for Bekaert to expand its customer base.

Threats

Compliance with various regulations related to environmental standards, health and safety, and trade can pose challenges for Bekaert's operations
Trade disputes may impact business growth

Key Developments

Date	Approach	Development
October 2021	Product Development	Bekaert has obtained an environmental product declaration (EPD) for its Dramix steel fibers for concrete reinforcement production in Petrovice (Czech Republic), demonstrating its excellent sustainability credentials. The EPD will allow anyone involved in construction – from architects to developers - to compare Dramix with traditional concrete reinforcement solutions, helping them to choose the most sustainable and durable solution for the entire lifecycle of their construction.
July, 2020	Expansion	Bekaert, a provider of steel wire transformation and coatings headquartered in Belgium, is planning to move its U.S. production activities to a modern & larger facility in Pennsylvania. The company’s main aim is to cater to the surging demand for Dramix steel fiber concrete reinforcement in the country. It will now be able to manufacture the pre-existing line of Dramix steel fibers for underground and surface concrete applications in the U.S. The move is likely to take place in fall 2020.

Product Offering

Bekaert
- Steel Fibres

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Bekaert as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

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R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Bekaert

Company Headquarters: West Flanders, Belgium Founded: 1880 Workforce: ~26,980 Company Working: Bekaert is a provider of steel wire transformation and coating technologies. The company sells a variety of goods, such as wire for cooking utensils, tyre cords, heating cords, welded mesh, window film and shovel ropes. Rubber reinforcement, steel wire solutions, specialist companies, and Bridon-Bekaert Ropes Group are its four business segments. The company's products aid in lowering friction, enhancing adhesion with other materials, and improving corrosion resistance. Several industries, including the automotive, building, energy, agricultural, and consumer goods industries, equips Bekaert's products. Additionally, the business provides coating technologies such polymer extrusion, electrodeposition cladding, lacquering, hot dipping, and powder coating. Asia, Europe, North America, Latin America, the Middle East, and Africa are all regions where the company conducts business. Belgian Flandre Orientale city of Zwevegem serves as the company's headquarters.

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