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Rubber Reinforcement

Rubber Reinforcement

Bekaert’s Rubber Reinforcement business unit develops, manufactures and supplies tire cord and bead wire products and solutions for the tire sector. In serving the equipment market, the product portfolio includes hose reinforcement wire and conveyor belt reinforcement products¹.
To serve customers worldwide, the business unit has a global presence with manufacturing plants in EMEA, US, Brazil, India, Indonesia, and China. A greenfield investment in Vietnam is ongoing.

Our ambition

Be the most advanced leader of innovative rubber reinforcement solutions that help our customers transform the industry sustainably

Our business position and strategic focus

  • 30% market share in the global tire cord market
  • Preferred technology partner to the tire industry
  • Solutions provider to new mobility challenges:
    • Part of the solution in the shift towards electric vehicles 
    • Safer, lighter, and sustainable materials
  • Global footprint – local presence
  • Investing for future growth

Main applications

Tire cord and bead wire for tires

BU performance FY2021

€ 2.05 billion in consolidated sales • € 2.24 billion combined sales²
11.8% underlying EBIT margin • 16.5% underlying EBITDA margin

¹ Note: the Hose and Conveyor Belt activities have been moved to the business unit Specialty Businesses as from January 2022. The financial statements relative to these activities will be reported accordingly in fiscal year 2022. They represented € 115 million in consolidated revenue in 2021. As a result, the Rubber Reinforcement business unit will be entirely focused on the tire industry and the business unit Specialty businesses will extend its business scope with a fourth sub-segment.

GRI 102-2