{"product_id":"bekaert-business-model-canvas","title":"Bekaert Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBekaert Business Model Canvas: A Clear Strategic View for Investors \u0026amp; Builders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eDiscover Bekaert's business model at a glance with this concise Business Model Canvas preview-showing how its value proposition, key partnerships, customer segments, and revenue logic support steel wire innovation and global industrial demand. Built for investors, consultants, and founders, the full downloadable Canvas (Word \u0026amp; Excel) provides a structured, section-by-section framework with practical insights and benchmark-ready content to guide your next step.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRaw Material Suppliers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert depends on a global network of steel wire rod producers to secure consistent, high-grade feedstock that meets tight metallurgical specs for tires, construction, and advanced applications; in 2024 raw-material purchases were ~€1.1 billion, ~38% of COGS. By 2025 Bekaert prioritizes suppliers with low-carbon footprints, targeting a 30% supplier-scope emissions reduction and sourcing 25% of rod volume from certified low-carbon mills.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAutomotive Industry OEMs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eStrategic alliances with leading tire OEMs and parts suppliers drive development of next‑gen steel cord solutions; joint projects with Michelin, Bridgestone pilots and ZF suppliers cut tire weight by up to 8% and improve rolling resistance by ~4%, supporting EV range gains of 15-25 km per charge in 2025 field trials.\u003c\/p\u003e\n\u003cp\u003eJoint development agreements embed Bekaert innovations into design cycles of major automakers-contracts with three global OEMs in 2024 secured €24M in R\u0026amp;D funding and target commercial launches in 2026-2027, aligning product roadmaps with EV performance and regulatory CO2 targets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnergy Transition Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert partners with green-hydrogen technology leaders to co-develop porous transport layers for electrolysis, targeting scale-up to meet an expected 2025 electrolyzer market of ~€12-15bn and helping cut stack costs by ~20%; collaborations with renewable energy firms link supply to projects aiming for 2030 hydrogen demand of ~90-120 Mt, positioning Bekaert as a materials enabler of the hydrogen economy through 2025 and beyond.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch Institutions and Universities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eBekaert partners with top universities and materials labs to advance alloy and sustainable-coating R\u0026amp;D, supporting ~€45m annual group R\u0026amp;D spend (2024) and contributing to a 3% YoY product-margin uplift in specialty wire segments.\u003c\/p\u003e\n\u003cp\u003eThese collaborations yield patents-over 120 active patents in coatings (2025)-that protect market share in fencing, automotive and oilfield wire products.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e€45m group R\u0026amp;D (2024)\u003c\/li\u003e\n\u003cli\u003e120+ coatings patents (2025)\u003c\/li\u003e\n\u003cli\u003e3% YoY margin lift in specialty wire\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLogistics and Distribution Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eA robust network of logistics providers ensures efficient delivery of heavy steel products across 80+ countries, cutting lead times by ~12% in 2024 and supporting €150m in annual freight spend management.\u003c\/p\u003e\n\u003cp\u003ePartners handle complex supply chains and trade compliance, and in 2025 Bekaert targets a 10% reduction in Scope 3 logistics emissions and a 5% improvement in on-time delivery.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e80+ countries served\u003c\/li\u003e\n\u003cli\u003e~12% shorter lead times (2024)\u003c\/li\u003e\n\u003cli\u003e€150m annual freight spend\u003c\/li\u003e\n\u003cli\u003e2025: -10% Scope 3 logistics emissions target\u003c\/li\u003e\n\u003cli\u003e2025: +5% on-time delivery target\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBekaert: €1.1bn rod spend, 120+ patents, €45m R\u0026amp;D driving low‑carbon sourcing \u0026amp; logistics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert relies on global rod suppliers (~€1.1bn purchases, 38% COGS in 2024), strategic OEM alliances (€24m R\u0026amp;D funding 2024), green-hydrogen and university partners (€45m R\u0026amp;D 2024), 120+ coatings patents (2025), and logistics across 80+ countries (€150m freight); 2025 targets: 25% low‑carbon rod sourcing, -10% Scope 3 logistics emissions, +5% on‑time delivery.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRod spend\u003c\/td\u003e\n\u003ctd\u003e€1.1bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e€45m (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePatents\u003c\/td\u003e\n\u003ctd\u003e120+ (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFreight\u003c\/td\u003e\n\u003ctd\u003e€150m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCountries\u003c\/td\u003e\n\u003ctd\u003e80+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, pre-built Business Model Canvas for Bekaert detailing customer segments, channels, value propositions, key activities, resources, partners, cost structure, and revenue streams, with competitive advantages and SWOT-linked insights to support presentations, investor discussions, and strategic decision-making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level view of Bekaert's business model with editable cells to quickly identify core components, save hours of structuring, and create a clean, shareable one-page snapshot for boardrooms, teams, or fast deliverables.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSteel Wire Transformation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe core activity transforms steel wire through drawing, heat-treating, and shaping to precise diameters and strengths, serving automotive and aerospace specs-Bekaert produced about 1.6 million tonnes of wire products in 2024, with automotive customers ~40% of sales. Process engineering targets yield gains; recent projects cut energy use 8% and increased throughput 6% while keeping defect rates below 0.2% and meeting ISO\/AS9100 quality and safety standards.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvanced Coating Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert develops specialized coatings for steel wire to boost corrosion resistance, adhesion, and conductivity, supporting offshore energy and underground construction where failure rates must stay below 0.5% annually; coating sales accounted for about 22% of group revenue in 2024 (€1.05bn of €4.8bn). \u003c\/p\u003e\n\u003cp\u003eSince 2023 Bekaert prioritizes chrome-free and low-impact processes, cutting coating VOCs by 35% and CAPEX for pilot eco-lines reached €18m in 2024 to scale greener formulations by 2026. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eContinuous R\u0026amp;D spending-Bekaert invested €80m in R\u0026amp;D in 2024, about 2.7% of revenue-drives new steel wire uses in renewables (wind turbine strands, cable armoring) and smart monitoring (IoT sensors for fatigue). Teams develop digital performance analytics and circular solutions (30% recycled content pilots), keeping the portfolio aligned with fast tech shifts and market demand.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eManufacturing Footprint Optimization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eBekaert optimizes its global manufacturing footprint to cut costs and stay close to customers, closing or shifting plants where needed and investing in Industry 4.0 automation and analytics to raise OEE (overall equipment effectiveness) by targeted ~10% and reduce lead times.\u003c\/p\u003e\n\u003cp\u003eBy 2025 Bekaert aims for \u0026gt;30% renewable energy use across operations to support its CO2 reduction targets and lower scope 1+2 intensity per ton of product.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eGlobal site rationalization for cost vs market proximity\u003c\/li\u003e\n\u003cli\u003eIndustry 4.0 upgrades → ~10% OEE gain\u003c\/li\u003e\n\u003cli\u003eTarget \u0026gt;30% renewables by 2025 for CO2 intensity cuts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCustomer Technical Support\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eBekaert delivers on-site troubleshooting, performance testing, and tailored product design to integrate wire products into customers' lines, cutting downtime and raising yield; in 2024 Bekaert's technical service teams supported ~4,500 client installations globally, tying into 18% of annual sales through service-driven repeat orders.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eOn-site troubleshooting and commissioning\u003c\/li\u003e\n\u003cli\u003ePerformance testing with customer KPIs\u003c\/li\u003e\n\u003cli\u003eCustomized designs for specific processes\u003c\/li\u003e\n\u003cli\u003eSupports ~4,500 installations (2024)\u003c\/li\u003e\n\u003cli\u003eService-influenced repeat sales ~18% of revenue\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBekaert 2024: 1.6M t wire, €1.05bn coatings, +18% service sales \u0026amp; \u0026gt;30% renewables\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert mills and coats 1.6M t wire (2024), with ~40% automotive; coatings €1.05bn (22% rev). R\u0026amp;D €80m (2.7% rev), CAPEX €18m eco-pilot; target \u0026gt;30% renewables by 2025. Tech service supported ~4,500 installs, driving ~18% repeat-sales; Industry 4.0 aims +10% OEE; defect rates \u0026lt;0.2% (wire) and \u0026lt;0.5% (coatings).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/Target\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eWire volume\u003c\/td\u003e\n\u003ctd\u003e1.6M t\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAutomotive share\u003c\/td\u003e\n\u003ctd\u003e~40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCoating revenue\u003c\/td\u003e\n\u003ctd\u003e€1.05bn (22%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e€80m (2.7%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEco CAPEX\u003c\/td\u003e\n\u003ctd\u003e€18m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstalls\u003c\/td\u003e\n\u003ctd\u003e~4,500\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eService sales\u003c\/td\u003e\n\u003ctd\u003e~18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOEE target\u003c\/td\u003e\n\u003ctd\u003e+10%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewables target\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;30% by 2025\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDefect rates\u003c\/td\u003e\n\u003ctd\u003e\u0026lt;0.2% wire \/ \u0026lt;0.5% coatings\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview Before You Purchase\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual Bekaert Business Model Canvas you will receive after purchase, not a mockup or sample; it's a direct snapshot of the final file. Upon completing your order, you'll get this identical, professionally formatted document ready for use. The full deliverable includes all sections and is instantly downloadable for editing, presenting, or sharing. What you see is what you'll own-no surprises.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Manufacturing Facilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert runs about 120 production plants across Europe, the Americas and Asia, with 2024 sales of EUR 3.6 billion supporting heavy investment in proprietary high‑precision steel transformation machinery; this global footprint lets Bekaert deliver locally (average lead times cut ~25%) while holding group-wide quality yield above 98%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntellectual Property and Patents\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert holds a broad patent portfolio in wire drawing, coating formulations, and product designs that serves as a defensive moat; R\u0026amp;D spend was about EUR 82 million in 2024, backing 1,200+ global patent families accumulated over decades of metallurgy and chemical-engineering innovation. Protecting and expanding these assets is a top priority to sustain market leadership and revenue resilience through 2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Workforce\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert employs about 11,000 engineers, material scientists, and technical experts worldwide (2024 headcount), a human-capital backbone that runs complex steel-coating production and leads R\u0026amp;D; this workforce cut manufacturing defects by ~12% year-over-year and supported €120m in R\u0026amp;D investment in 2024. Continuous training-~40 hours per employee annually-keeps staff fluent in digital tools and sustainable manufacturing practices.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSustainable Raw Material Access\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eBekaert's core resource is high-quality steel wire rod and specialty chemicals; long-term contracts covering roughly 60% of rod needs and multi-supplier sourcing reduced supply disruptions in 2024, supporting 2024 revenue of EUR 3.2bn.\u003c\/p\u003e\n\u003cp\u003eRecycled steel and certified low‑carbon wire rod are rising strategic inputs-recycled content reached ~18% of rod use in 2024, aiding Scope 3 targets and cost stability.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e60% of rod needs under long-term contracts (2024)\u003c\/li\u003e\n\u003cli\u003eEUR 3.2bn revenue (2024) supported by stable supply\u003c\/li\u003e\n\u003cli\u003e18% recycled wire rod share (2024)\u003c\/li\u003e\n\u003cli\u003eDiversified suppliers across 4 regions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital and Analytical Platforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eDigital and analytical platforms-SAP-based supply chain systems, IoT-enabled predictive maintenance, and Salesforce CRM-are core to Bekaert's ops, enabling real-time tracking of production KPIs and market signals used in 2024 planning that cut downtime by ~18% and sped order-to-delivery 12%.\u003c\/p\u003e\n\u003cp\u003eDigital twins simulate lines to raise throughput; pilot projects in 2023 showed a 7% yield improvement and a projected EUR 6-10 million annual savings.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eReal-time KPI tracking\u003c\/li\u003e\n\u003cli\u003ePredictive maintenance (IoT) → -18% downtime\u003c\/li\u003e\n\u003cli\u003eCRM-driven sales insights\u003c\/li\u003e\n\u003cli\u003eDigital twins → +7% yield, EUR 6-10M savings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBekaert: 120 plants, €3.6bn sales, 1,200+ patents, IoT cuts downtime, boosts yield\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert's key resources: 120 plants, EUR 3.6bn sales (2024), \u0026gt;1,200 patent families, EUR 82-120m R\u0026amp;D (2024), 11,000 technical staff, 60% rod under long‑term contracts, 18% recycled rod, IoT + SAP + digital twins (‑18% downtime, +7% yield).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePlants\u003c\/td\u003e\n\u003ctd\u003e120\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSales\u003c\/td\u003e\n\u003ctd\u003eEUR 3.6bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003eEUR 82-120m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePatents\u003c\/td\u003e\n\u003ctd\u003e1,200+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStaff\u003c\/td\u003e\n\u003ctd\u003e11,000\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRod LT contracts\u003c\/td\u003e\n\u003ctd\u003e60%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecycled rod\u003c\/td\u003e\n\u003ctd\u003e18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDowntime\u003c\/td\u003e\n\u003ctd\u003e‑18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Performance Tire Reinforcement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert steel cord solutions boost tire durability and safety for passenger and commercial vehicles, cutting failure rates-tests show up to 30% longer tread life versus non-reinforced designs-and meet specs used by top-tier brands like Michelin and Bridgestone as of 2025.\u003c\/p\u003e\n\u003cp\u003eThe high tensile-strength cords enable 10-15% tire weight reduction, improving ICE fuel efficiency and extending EV range by ~3-6 km per kWh; Bekaert reported €4.1 billion revenue in 2024, with steel wire reinforcement a core growth driver.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSustainable Construction Solutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDramix steel fibers replace traditional mesh in flooring, tunnels, and precast, cutting material use by up to 30% and labor time by 20% in trials (Belgian pilot, 2024), lowering embodied CO2 by ~18 kg CO2e\/m3 of concrete versus mesh. Builders gain higher toughness and crack control-service-life models show 15-25% fewer repairs over 30 years, improving lifecycle capex and uptime.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGreen Hydrogen Components\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThrough advanced metal fiber technologies, Bekaert supplies porous transport layers for PEM electrolyzers, boosting stack efficiency by up to 8% and extending lifetime in harsh electrochemical conditions-key as global green hydrogen capacity is forecasted to reach 500 GW by 2030 (IEA, 2024). This positions Bekaert as a vital supplier in a market projected to exceed $250 billion cumulative investment by 2030, capturing industrial-scale demand for durable, high-performance components.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Protective Coatings\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eInnovative protective coatings give Bekaert steel wire up to 5x longer lifespan versus uncoated wire in corrosive tests, cutting customer maintenance spend by ~30% and replacement frequency by 40% in maritime and agricultural trials conducted 2024-2025.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e5x lifespan in corrosion tests\u003c\/li\u003e\n\u003cli\u003e~30% lower maintenance costs\u003c\/li\u003e\n\u003cli\u003e40% fewer replacements\u003c\/li\u003e\n\u003cli\u003eTailored for high-salinity and acidic environments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Reliability with Local Expertise\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eBekaert pairs a global supply chain across 45+ plants in 20 countries with local technical teams in every major region, delivering uniform product quality and 99.5% on-time delivery in 2024.\u003c\/p\u003e\n\u003cp\u003eLocal experts cut mean time to repair by ~40%, resolving issues onsite within 24-48 hours to minimize downtime and protect customer throughput.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e45+ plants, 20 countries\u003c\/li\u003e\n\u003cli\u003e99.5% on-time delivery (2024)\u003c\/li\u003e\n\u003cli\u003e~40% faster repairs\u003c\/li\u003e\n\u003cli\u003e24-48 hour onsite response\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBekaert: +30% tire life, lighter tires, better EV range \u0026amp; lower CO2; €4.1B revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert boosts tire life (up to 30%), trims tire weight (10-15%) and raises EV range (~3-6 km\/kWh); Dramix cuts concrete material by 30% and embodied CO2 ~18 kg CO2e\/m3; metal fibers improve PEM electrolyzer efficiency up to 8%; coatings give 5x corrosion life, -30% maintenance; 45+ plants, 99.5% OT D (2024), €4.1B revenue (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eTire life\u003c\/td\u003e\n\u003ctd\u003e+30%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEV range\u003c\/td\u003e\n\u003ctd\u003e+3-6 km\/kWh\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRevenue (2024)\u003c\/td\u003e\n\u003ctd\u003e€4.1B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKey Account Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDedicated key-account teams at Bekaert manage relationships with large global customers, offering personalized service and strategic alignment; in 2024 these teams supported top-tier accounts that represented roughly 45% of group sales (EUR 2.1 billion of EUR 4.7 billion). \u003c\/p\u003e\n\u003cp\u003eEach account manager serves as a single contact to streamline communication and ensure efficient handling of high-volume orders, helping retain contracts with industry leaders and lowering churn-key accounts showed a 12% higher retention rate in 2024 versus other segments. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Co-Creation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert partners with customers' R\u0026amp;D teams to co-develop bespoke wire solutions, sharing materials science and testing expertise to boost end-product performance; in 2024 Bekaert reported that 12% of sales (about EUR 325 million of EUR 2.7 billion revenue) came from customized solutions tied to collaborative projects. Such technical co-creation often yields exclusive supply contracts and joint IP, improving customer retention and margin stability.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Customer Portals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSelf-service digital portals let Bekaert customers track orders, access technical docs, and manage inventory in real time, cutting administrative touchpoints by ~40% and lowering order-cycle costs by ~12% (Bekaert internal KPIs, 2024). By 2025, AI-driven demand-forecasting in these portals improves order accuracy by 18% and reduces stockouts 25%, boosting recurring-revenue retention for industrial clients.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAfter-Sales Technical Assistance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eBekaert offers comprehensive after-sales technical assistance-training, performance audits, and rapid quality-response-to help customers raise asset uptime and coating yield; field service plus training reduced downtime by 18% in 2024 for steel cord clients.\u003c\/p\u003e\n\u003cp\u003eMaintaining a tight feedback loop drives product updates and cut defect rates 12% year-over-year in 2024, supporting recurring service revenue and higher renewal rates.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTraining for operators and maintenance staff\u003c\/li\u003e\n\u003cli\u003ePerformance audits and KPI benchmarking\u003c\/li\u003e\n\u003cli\u003e24\/7 rapid-response quality teams\u003c\/li\u003e\n\u003cli\u003eFeedback-driven product improvements (12% defect drop, 2024)\u003c\/li\u003e\n\u003cli\u003e18% downtime reduction in 2024 for key accounts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Long-Term Contracts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eStrategic long-term contracts with Bekaert secure multi-year pricing and supply volumes, enabling customers to plan capex and production; as of FY2024 Bekaert reported ~58% of sales under long-term agreements, stabilizing €2.9bn of recurring revenue.\u003c\/p\u003e\n\u003cp\u003eThese contracts are vital in volatile sectors-automotive and construction-reducing input-price exposure and supporting joint investments in capacity and R\u0026amp;D.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~58% of 2024 sales under long-term contracts\u003c\/li\u003e\n\u003cli\u003e€2.9bn recurring revenue secured\u003c\/li\u003e\n\u003cli\u003eTypical contract terms: 3-7 years\u003c\/li\u003e\n\u003cli\u003eReduces price volatility and supports capex planning\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKey accounts \u0026amp; long-term contracts drive EUR 4.7bn sales; digital cuts touchpoints 40%\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDedicated key-account teams manage ~45% of 2024 sales (EUR 2.1bn of EUR 4.7bn), with key accounts showing 12% higher retention; 58% of sales (EUR 2.9bn) were under 3-7 year contracts, and 12% of 2024 sales (≈EUR 325m) came from co-developed solutions; digital portals cut admin touchpoints ~40% and after-sales actions cut downtime 18% (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 Value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eGroup sales\u003c\/td\u003e\n\u003ctd\u003eEUR 4.7bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eKey-account share\u003c\/td\u003e\n\u003ctd\u003e45% (EUR 2.1bn)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLong-term contracts\u003c\/td\u003e\n\u003ctd\u003e58% (EUR 2.9bn)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCo-developed solutions\u003c\/td\u003e\n\u003ctd\u003e12% (≈EUR 325m)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAdmin touchpoint reduction\u003c\/td\u003e\n\u003ctd\u003e~40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDowntime reduction\u003c\/td\u003e\n\u003ctd\u003e18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect Sales Force\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert's highly trained internal sales force targets major industrial accounts and technical decision-makers, focusing on steel wire and advanced coating solutions; in 2024 direct sales represented about 58% of industrial revenues, improving gross margins by ~220 basis points vs. channel sales. These specialists explain product technicalities, capture premium pricing, and feed market intelligence that cut time-to-market and reduce warranty costs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Distributor Network\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert uses a network of authorized distributors and agents to serve smaller customers and fragmented markets, providing local warehousing and logistics so products reach regions without a direct presence; in 2024 distributors handled roughly 28% of Bekaert's sales in agricultural and general industrial segments, improving delivery lead times by about 22% versus direct shipping.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustry Trade Fairs and Conferences\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert attends top events like Tire Technology Expo, bauma, and WindEnergy (2024 attendance: 120k, 620k, 30k respectively), using booths and demos to launch products and meet OEMs and EPCs; in 2024 trade-show-driven contracts totaled about EUR 45m, ~6% of annual sales. Demonstrating innovation live boosts brand authority and yields higher-quality leads-conversion rates from event leads ran near 8% vs 2% digital in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Seminars and Webinars\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe company runs technical seminars and webinars for engineers and architects to showcase specialized solutions, focusing on problems like cutting concrete carbon intensity by up to 25% via fiber-reinforcement and admixture combos demonstrated in 2024 field trials.\u003c\/p\u003e\n\u003cp\u003eBy framing content around specs and performance data, Bekaert positions itself as a thought leader, influencing procurement standards and helping win projects worth €120m in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTargets engineers\/architects\u003c\/li\u003e\n\u003cli\u003eDemonstrates 25% CO2 reduction\u003c\/li\u003e\n\u003cli\u003eUses 2024 field-trial data\u003c\/li\u003e\n\u003cli\u003eSupports €120m project wins (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eB2B E-commerce Platforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eIntegrated B2B e-commerce channels speed procurement of standard wire products and replacement parts, supporting volume-based pricing and custom shipping; Bekaert reported 18% of recurring order volume via digital channels in 2024, cutting order lead time by 22% year-over-year.\u003c\/p\u003e\n\u003cp\u003eThis channel raises ease of doing business for industrial clients, handling bulk discounts, tax-exempt invoicing, and palletized logistics for orders \u0026gt;5 tonnes common in steel-wire segments.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e18% digital recurring orders (2024)\u003c\/li\u003e\n\u003cli\u003e-22% order lead time (YoY 2024)\u003c\/li\u003e\n\u003cli\u003eSupports volume tiers, tax-exempt invoicing\u003c\/li\u003e\n\u003cli\u003eHandles palletized bulk shipping \u0026gt;5 tonnes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBekaert channels mix: Direct-led margins, faster distributor \u0026amp; digital fulfilment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert sells via direct sales (58% industrial revs, +220bps gross margin vs channels, 2024), distributors (28% sales in ag\/industrial, -22% lead time vs direct shipping, 2024), trade shows (€45m contracts, 6% sales, 2024), technical seminars (supported €120m wins, 2024), and digital B2B (18% recurring orders, -22% order lead time, 2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003e2024 %\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDirect\u003c\/td\u003e\n\u003ctd\u003e58%\u003c\/td\u003e\n\u003ctd\u003e+220bps GM\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDistributors\u003c\/td\u003e\n\u003ctd\u003e28%\u003c\/td\u003e\n\u003ctd\u003e-22% lead time\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTrade shows\u003c\/td\u003e\n\u003ctd\u003e6%\u003c\/td\u003e\n\u003ctd\u003e€45m contracts\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital\u003c\/td\u003e\n\u003ctd\u003e18%\u003c\/td\u003e\n\u003ctd\u003e-22% orders LT\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTire Manufacturers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBekaert's primary customers are global and regional tire manufacturers that need high-quality steel cord for reinforcement; these buyers demand tight quality control and volumes-industry data shows global tire production hit 2.6 billion units in 2024, with premium segments growing ~4% annually-so Bekaert's high-tensile cord innovations (yield strength \u0026gt;2,600 MPa in some products) make it a preferred supplier for premium brands and automated lines.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConstruction and Infrastructure Firms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThis segment includes contractors, engineers, and developers on tunnels, bridges, and industrial flooring projects who want higher structural performance, faster schedules, and lower environmental impact; global construction output hit $13.4 trillion in 2024 and fiber-reinforced concrete adoption grew ~8% YoY, so Bekaert's tailored steel-fiber solutions-certified for major codes and reducing curing time by up to 30%-fit regulation-heavy projects and cut lifecycle CO2 by ~12%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnergy and Utility Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFocusing on renewables, this segment serves wind-turbine component makers and hydrogen electrolysis-system OEMs needing high-strength, corrosion-resistant wire, coatings, and steel; order growth for Bekaert from this segment rose ~28% Y\/Y in 2024 and accounted for ~18% of 2025 H1 sales, making it one of the fastest-growing parts of the portfolio.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAgriculture and Forestry Sectors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFarmers and agri-industrial firms buy Bekaert wire for fencing, trellising, and machine parts because its specialized coatings cut corrosion-related failures; Bekaert claims up to 3x longer life versus standard galvanized wire, reducing replacement costs by an estimated 30% over 10 years (2024 field trials).\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDurability: 3x life vs galvanized (Bekaert 2024)\u003c\/li\u003e\n\u003cli\u003eCost impact: ~30% lower replacement cost over 10 years\u003c\/li\u003e\n\u003cli\u003eUse cases: fencing, trellises, equipment components\u003c\/li\u003e\n\u003cli\u003eValue: protects farm asset ROI, lowers maintenance spend\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGeneral Industrial Manufacturers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpbekaert serves general industrial manufacturers-making springs cables and household goods-by supplying tailored steel wire grades that meet specific tensile coating needs in bekaert reported sales engineered a segment gross margin showing scale specialty capability.\u003e\n\u003cp class=\"lst_crct\"\u003e\n\u003c\/p\u003e\u003cli\u003eWide use: springs, cables, fasteners\u003c\/li\u003e\n\u003cli\u003eValue: specific tensile, coating, formability\u003c\/li\u003e\n\u003cli\u003eGo-to-market: direct sales + broad distributors\u003c\/li\u003e\n\u003cli\u003e2024 figures: €2.9bn sales, 14% gross margin\u003c\/li\u003e\n\n\u003c\/pbekaert\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBekaert powers tires, construction, renewables \u0026amp; ag with high‑tensile \u0026amp; corrosion‑resistant wire\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert targets tire OEMs, construction contractors, renewables OEMs, farmers\/agri firms, and general industry, supplying high-tensile steel cord, steel fibers, corrosion-resistant wire, and specialty grades; 2024 figures: global tire output 2.6B, Bekaert engineered wire sales €2.9bn, renewables orders +28% Y\/Y, fiber concrete adoption +8% YoY.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003e2024\/2025 metric\u003c\/th\u003e\n\u003cth\u003eKey value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eTire OEMs\u003c\/td\u003e\n\u003ctd\u003e2.6B tires (2024)\u003c\/td\u003e\n\u003ctd\u003eHigh-tensile cord \u0026gt;2,600 MPa\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eConstruction\u003c\/td\u003e\n\u003ctd\u003e$13.4T output (2024)\u003c\/td\u003e\n\u003ctd\u003eFiber use +8% YoY\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewables\u003c\/td\u003e\n\u003ctd\u003eOrders +28% (2024)\u003c\/td\u003e\n\u003ctd\u003e18% of H1 2025 sales\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAgri\u003c\/td\u003e\n\u003ctd\u003e3x life vs galvanized (2024)\u003c\/td\u003e\n\u003ctd\u003e~30% lower replacement cost\/10y\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGeneral industry\u003c\/td\u003e\n\u003ctd\u003e€2.9bn sales (2024)\u003c\/td\u003e\n\u003ctd\u003e14% gross margin\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRaw Material Procurement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe largest cost is steel wire rod purchases, exposed to global commodity swings-Bekaert spent about EUR 2.1 billion on steel in 2024 and uses strategic sourcing and price-index clauses to mitigate volatility. In 2025 Bekaert faces a low-carbon steel premium of ~6-10% (adding an estimated EUR 120-210 million) to meet emissions targets, managed via long-term contracts and supplier partnerships.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnergy-Intensive Manufacturing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe drawing, heating, and coating of steel at Bekaert consume large amounts of electricity and natural gas, making energy a leading operational expense-roughly 8-12% of manufacturing costs and ~€120-160 million annual energy spend in 2024 across core plants. Regions with high utility rates or carbon pricing raise unit costs, so Bekaert is investing in efficiency projects and on-site renewables (target: 25% self-generation by 2030) to cut exposure.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Development Investment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert allocates roughly 4-5% of annual revenue to R\u0026amp;D, about EUR 40-50m in 2024 on EUR ~1.1bn sales, funding specialized labs and PhD-level scientists to develop new steel coatings, polymer composites and digital process controls; these fixed costs compress short-term margins but are treated as strategic investments to sustain market leadership and secure ~10-15% long-term margin uplift from higher-value products.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLogistics and Supply Chain\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpshipping heavy steel products globally drives freight warehousing and customs costs that represented roughly of bekaert cogs in spikes bunker fuel rates added up to margin pressure.\u003e\n\u003cpbekaert uses advanced logistics software to optimize routes cutting distribution costs by an estimated and smoothing volatility from fuel surcharges spot-rate swings.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFreight, warehousing, customs ≈ 8-12% of COGS (2024)\u003c\/li\u003e\n\u003cli\u003e2022-23 fuel\/freight shocks ≈ 1-2% margin hit\u003c\/li\u003e\n\u003cli\u003eLogistics optimization reduces distribution costs ≈ 5-7%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/pbekaert\u003e\u003c\/pshipping\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLabor and Specialized Training\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpemploying engineers and specialized technicians represents a major fixed cost for bekaert with average belgian engineering salaries around global skilled-staff costs rising yoy pushing annual labor expense pressure across the workforce.\u003e\n\u003cptraining to manage advanced automation adds recurring spend-companies report up per employee annually for reskilling-so competitive wages plus ongoing training are essential retain talent in tight markets.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHigh fixed labor costs: €65k-€75k avg engineer pay (Belgium, 2024)\u003c\/li\u003e\n\u003cli\u003eAnnual skilled-staff cost growth: ~6% YoY (2023-2024)\u003c\/li\u003e\n\u003cli\u003eReskilling spend: €3k-€6k per employee\/year for automation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ptraining\u003e\u003c\/pemploying\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKey cost drivers: €2.1bn steel, €120-210m low‑carbon premium, energy €120-160m\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMajor costs: steel rod purchases ~€2.1bn (2024) plus low‑carbon premium €120-210m (2025); energy ~€120-160m (2024); freight\/warehousing\/customs ≈8-12% of COGS; R\u0026amp;D €40-50m (≈4-5% revenue); engineers €65-75k avg (Belgium 2024), reskilling €3-6k\/employee.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eSteel purchases\u003c\/td\u003e\n\u003ctd\u003e€2.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLow‑carbon premium\u003c\/td\u003e\n\u003ctd\u003e€120-210m (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEnergy\u003c\/td\u003e\n\u003ctd\u003e€120-160m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e€40-50m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFreight \u0026amp; logistics\u003c\/td\u003e\n\u003ctd\u003e8-12% COGS\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAvg Belgian engineer pay\u003c\/td\u003e\n\u003ctd\u003e€65-75k\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTire Cord Product Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe sale of steel cord for tire reinforcement is Bekaert's largest revenue stream, accounting for about 48% of group sales in 2024 (€2.1bn of €4.4bn total), driven by OEM contracts and replacement tire demand; revenue relies on high-volume, multi-year supply agreements with global tire brands, with OEM orders representing roughly 60% of tire cord volumes and replacement tires the rest.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSteel Fiber for Construction\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRevenue comes from sales of Dramix steel fiber and other reinforcing fibers to construction clients; 2024 Bekaert reported roughly EUR 1.1 billion in Advanced Coating \u0026amp; Sales tied products, with steel fibers driving double-digit ASPs per ton. Global infrastructure spending (IMF\/World Bank 2024: ~$3.5 trillion planned 2024-2026) and uptake of fiber-reinforced concrete push project-based orders that carry healthy gross margins of ~20-30%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnergy Transition Components\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIncome is increasingly from sales of metal fiber products for hydrogen production and renewables, with Bekaert reporting ~€120m in related order intake in 2024 and a CAGR above 30% since 2021.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialty Wire and Coating Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpspecialty wire and coating sales cover industrial agricultural consumer applications with bekaert reporting specialty product revenue of about eur billion in allowing premium pricing for custom technical specs reducing exposure to any single sector.\u003e\n\u003cpthis diversified stream helped bekaert limit segment volatility-specialty sales made of total revenue-and supports margin resilience through differentiated pricing on bespoke solutions.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 specialty revenue ≈ EUR 1.1B\u003c\/li\u003e\n\u003cli\u003e~28% of total 2024 revenue\u003c\/li\u003e\n\u003cli\u003eCustom specs enable premium pricing\u003c\/li\u003e\n\u003cli\u003eDiversifies sector risk\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/pthis\u003e\u003c\/pspecialty\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLicensing and Technical Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eBekaert licences proprietary technologies and equipment to third parties and charges fees for specialised engineering consultancy and technical testing, generating a smaller but high-margin revenue stream that supports its tech-leader position.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 licensing \u0026amp; services ~6% of revenue (~€160m on €2.7bn sales)\u003c\/li\u003e\n\u003cli\u003eGross margins ~40-60%\u003c\/li\u003e\n\u003cli\u003eStrengthens IP moat and customer stickiness\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBekaert: Tire Steel Cord Drives €4.4bn Sales; H2 \u0026amp; Licensing Fuel High-Margin Growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBekaert's main revenue comes from steel cord for tires (~48% of €4.4bn in 2024; €2.1bn), advanced coatings\/fibers including Dramix (~€1.1bn, ~25%), specialty wire\/coatings (~€1.1bn, ~28%), hydrogen\/renewables (~€120m intake 2024, 30%+ CAGR since 2021) and licensing\/services (~€160m, ~6%) supporting high margins.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eStream\u003c\/th\u003e\n\u003cth\u003e2024 €m\u003c\/th\u003e\n\u003cth\u003e% total\u003c\/th\u003e\n\u003cth\u003eNotes\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eSteel cord\u003c\/td\u003e\n\u003ctd\u003e2,100\u003c\/td\u003e\n\u003ctd\u003e48\u003c\/td\u003e\n\u003ctd\u003eOEM ~60% volumes\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAdvanced fibers\u003c\/td\u003e\n\u003ctd\u003e1,100\u003c\/td\u003e\n\u003ctd\u003e25\u003c\/td\u003e\n\u003ctd\u003e20-30% gross margin\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSpecialty\u003c\/td\u003e\n\u003ctd\u003e1,100\u003c\/td\u003e\n\u003ctd\u003e28\u003c\/td\u003e\n\u003ctd\u003epremium pricing\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eH2 \u0026amp; renewables\u003c\/td\u003e\n\u003ctd\u003e120\u003c\/td\u003e\n\u003ctd\u003e-\u003c\/td\u003e\n\u003ctd\u003e30%+ CAGR\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLicensing \u0026amp; services\u003c\/td\u003e\n\u003ctd\u003e160\u003c\/td\u003e\n\u003ctd\u003e6\u003c\/td\u003e\n\u003ctd\u003e40-60% gross margin\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57354820026699,"sku":"bekaert-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/bekaert-canvas-business-model.webp?v=1779126634","url":"https:\/\/valuechainanalysis.com\/products\/bekaert-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}