The Global Fiber Core Elevator Ropes Market was valued at USD 274 Million in 2023 and is projected to reach USD 386.63 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.90% during the forecast period (2023–2032). This growth is being driven by rapid urbanization, the surge in high-rise building constructions, stringent safety regulations in vertical transportation, and the increasing preference for lightweight and durable synthetic fiber cores in elevator systems worldwide.
As the vertical transportation industry advances toward safer, more efficient, and sustainable operations, the focus turns to the leading manufacturers of fiber core elevator ropes who are innovating in materials science, enhancing load-bearing capacities, and ensuring compliance with global standards. In this blog, we profile the Top 10 Companies in the Fiber Core Elevator Ropes Market—a blend of established wire rope specialists, advanced material innovators, and safety-focused providers shaping the future of urban mobility and elevator technology.
🔟 1. Santini Funi Srl
Headquarters: Vicenza, Italy
Key Offering: Synthetic Fiber Core Ropes, Natural Fiber Core Ropes for Traction Elevators
Santini Funi Srl stands as a prominent European player in the production of high-performance elevator ropes, specializing in fiber core designs that prioritize flexibility and longevity. Their products are widely used in both residential and commercial high-rise installations, where reliability is paramount. The company has invested heavily in research to develop ropes that reduce vibration and noise, improving passenger comfort in modern elevator systems.
Key Innovations:
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Advanced synthetic fiber integrations for enhanced tensile strength
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Custom solutions for seismic-prone regions to ensure safety
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Commitment to ISO 9001 standards for quality manufacturing
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9️⃣ 2. Bharat Wire Ropes
Headquarters: Mumbai, India
Key Offering: Steel Wires with Fiber Cores, Ropes for Hydraulic and Traction Systems
Bharat Wire Ropes is a key contributor to Asia’s elevator industry, supplying robust fiber core ropes that meet international safety norms. With a strong domestic presence, the company serves the booming real estate sector in India, providing ropes that offer superior fatigue resistance. Their manufacturing processes emphasize precision engineering to handle varying load requirements in diverse applications.
Key Innovations:
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Development of corrosion-resistant coatings for extended lifespan
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Partnerships with elevator OEMs for integrated system testing
8️⃣ 3. Usha Martin
Headquarters: Kolkata, India
Key Offering: High-Carbon Steel Ropes with Synthetic Fiber Cores, Custom Elevator Solutions
Usha Martin excels in producing premium fiber core elevator ropes tailored for heavy-duty traction elevators. As one of the largest wire rope manufacturers in Asia, the company focuses on innovation to support the global shift toward energy-efficient vertical transport. Their ropes are engineered to minimize energy consumption by reducing the weight of the suspension system without compromising safety.
Key Innovations:
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Lightweight synthetic cores that improve elevator efficiency
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Rigorous testing protocols aligned with EN 12385 standards
7️⃣ 4. KISWIRE LTD
Headquarters: Seoul, South Korea
Key Offering: Fiber Core Wire Ropes for Traction and Hydraulic Elevators
KISWIRE LTD is renowned for its advanced wire rope technologies, particularly in fiber core designs that enhance flexibility and load distribution in elevator operations. Operating across Asia-Pacific and beyond, the company supplies ropes to major urban development projects, ensuring seamless integration with modern control systems for smoother rides.
Key Innovations:
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Innovation in hybrid fiber materials for better shock absorption
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Expansion of production capacity to meet rising APAC demand
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6️⃣ 5. Bekaert
Headquarters: Zwevegem, Belgium
Key Offering: Steel Cord with Fiber Core Ropes, Specialized for High-Rise Applications
Bekaert brings cutting-edge metallurgical expertise to the fiber core elevator ropes segment, producing products that combine steel strength with fiber flexibility for optimal performance. Their global footprint allows them to cater to diverse markets, from Europe’s historic renovations to new skyscrapers in the Middle East, emphasizing durability in extreme conditions.
Key Innovations:
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Patented fiber core technologies for reduced maintenance needs
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Sustainability efforts in recyclable material usage
5️⃣ 6. Goldsun Wire Rope
Headquarters: Nantong, China
Key Offering: Natural and Synthetic Fiber Core Ropes for Various Elevator Types
Goldsun Wire Rope is a vital player in China’s massive urbanization drive, manufacturing cost-effective yet high-quality fiber core ropes that support the installation of millions of elevators annually. The company’s focus on scalable production ensures supply chain reliability for international clients seeking affordable solutions without sacrificing safety.
Key Innovations:
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Cost-optimized synthetic fiber blends for emerging markets
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Enhanced quality control measures for export compliance
4️⃣ 7. PFEIFER
Headquarters: Memmingen, Germany
Key Offering: Premium Fiber Core Lifting Ropes, Customized for Traction Systems
PFEIFER leads in German engineering precision, offering fiber core elevator ropes that set benchmarks for safety and longevity. Their products are integral to Europe’s stringent building codes, providing solutions that withstand heavy usage in commercial and residential settings while promoting energy savings through lighter designs.
Key Innovations:
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Integration of smart monitoring sensors in rope designs
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Research into eco-friendly fiber alternatives
Download FREE Sample Report: Fiber Core Elevator Ropes Market – View in Detailed Research Report
3️⃣ 8. BRUGG Lifting AG
Headquarters: Seon, Switzerland
Key Offering: High-Strength Fiber Core Ropes for Hydraulic and Traction Elevators
BRUGG Lifting AG combines Swiss reliability with innovative rope technologies, supplying fiber core products that excel in load-bearing and fatigue resistance. The company’s European base allows for rapid response to regulatory changes, making their ropes a preferred choice for high-safety applications in urban infrastructure projects.
Key Innovations:
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Advanced compaction techniques for smoother rope performance
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Collaborations for IoT-enabled predictive maintenance
2️⃣ 9. Jiangsu Safety Wire Rope
Headquarters: Jiangsu, China
Key Offering: Safety-Focused Fiber Core Ropes, Versatile for Multiple Elevator Applications
Jiangsu Safety Wire Rope emphasizes safety in every strand, producing fiber core ropes that comply with global standards like ASME A17.1. As a rising force in the Asian market, they support the expansion of smart cities by providing durable ropes that handle increased traffic in high-density buildings.
Key Innovations:
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Safety-enhanced natural fiber cores for vibration damping
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Expansion into international certifications for broader market access
1️⃣ 10. Tokyo Rope Mfg
Headquarters: Tokyo, Japan
Key Offering: Premium Synthetic and Natural Fiber Core Ropes for Advanced Elevator Systems
Tokyo Rope Mfg tops the list as a pioneer in precision wire rope manufacturing, delivering fiber core elevator ropes that power Japan’s ultra-high-rise structures and export globally. Their expertise in synthetic fibers ensures superior flexibility and strength, reducing wear on sheaves and extending service life in demanding environments.
Key Innovations:
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Leading-edge synthetic fiber research for ultimate durability
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Strategic alliances with elevator giants like Otis and Schindler
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🌍 Outlook: The Future of Fiber Core Elevator Ropes Is Safer and More Efficient
The fiber core elevator ropes market is experiencing steady evolution. While traditional natural fiber cores maintain a niche for cost-sensitive applications, the sector is pouring resources into advanced synthetic materials, lightweight designs, and integration with digital monitoring systems to meet the demands of tomorrow’s skyscrapers.
Urbanization continues to fuel demand, particularly in Asia-Pacific where megacities are multiplying. However, challenges like raw material volatility and evolving safety regulations push manufacturers to innovate. By 2032, synthetic fiber cores are expected to capture over 60% market share due to their superior performance in high-speed elevators.
Furthermore, the push for sustainability is influencing material choices, with biodegradable fibers and recycled steel gaining traction. This not only reduces environmental impact but also aligns with green building certifications like LEED. As elevators become smarter with IoT and AI, ropes must adapt to support predictive maintenance, minimizing downtime in critical infrastructure.
📈 Key Trends Shaping the Market:
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Shift toward synthetic over natural fiber cores for better strength-to-weight ratios
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Regulatory mandates for enhanced safety testing and certification worldwide
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Integration of sensors for real-time rope condition monitoring
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Growing demand from high-rise developments in emerging economies
Market Trends Affecting Fiber Core Elevator Ropes
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Consolidation among global manufacturers — Larger groups are acquiring smaller specialists to streamline supply chains, but buyers must verify specific product warranties and regional support networks. Recent mergers are redefining market distribution.
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Adoption of advanced synthetic materials — Companies are transitioning to high-performance polymers like Dyneema for superior tensile strength and reduced weight, aiding energy efficiency in elevators. This aligns with global pushes for sustainable, lightweight components.
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Smart technology integration — Embedded sensors and IoT connectivity for remote monitoring of rope integrity are becoming standard, especially in multi-elevator buildings, helping operators like those from KONE or ThyssenKrupp optimize maintenance schedules.
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Customization for high-speed applications — Ropes designed for velocities over 10 m/s are in demand for supertall buildings, with leaders like Tokyo Rope innovating in low-elongation fibers to ensure stability.
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Sustainability and recyclability focus — Efforts to incorporate eco-friendly fibers and recyclable steels are accelerating, driven by EU regulations and corporate ESG goals, reducing the carbon footprint of elevator installations.
Read Full Report: Fiber Core Elevator Ropes Market – View in Detailed Research Report
The companies listed above are not only supporting global vertical transportation—they’re elevating the standards of safety, efficiency, and innovation in urban mobility.