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Steel Wire Market By Form, By Material Type, By End-use: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 365 Pages
  • June 2023
  • Region: Global
  • Allied Market Research
  • ID: 5879197
UP TO OFF until Jan 30th 2025
The global steel wire market was valued at $96.6 billion in 2022, and is projected to reach $180.9 billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.

Steel wire is a type of wire that is made primarily from steel, which is an alloy composed of iron and carbon, along with other elements such as manganese, silicon, and sometimes additional alloying elements. Steel wire is characterized by its high strength, durability, and versatility, which makes it suitable for a wide range of applications across various industries.

Steel wire can be manufactured in different diameters, gauges, and grades to suit specific applications. It can be further classified into various types, Including carbon steel wire, stainless steel wire, galvanized steel wire, and alloy steel wire. It is known for its strength, durability, and versatility.

Steel wires are used in a variety of industries and applications such as construction, automotive, aviation, energy, and agriculture. Steel wire is commonly used in construction for various purposes. It is used for reinforcing concrete structures, such as in reinforced concrete beams, columns, and slabs, to provide additional strength and prevent cracking or failure. In addition, it is used for fencing, wire mesh, and structural support in buildings. Moreover, steel wire finds extensive use in manufacturing processes and industrial applications. It is utilized for making springs, cables, wire ropes, fasteners, nails, screws, bolts, wire mesh, and welding electrodes, among other things. The strength and flexibility of steel wire make it suitable for applications where toughness and resistance to deformation are essential.

Furthermore, steel wire plays a crucial role in power transmission and distribution systems. It is used in overhead power lines, transmission towers, and electrical wiring for its strength and conductivity. The need for steel wire in power infrastructure expansion drives market growth as the demand for electricity continues to grow, particularly in emerging economies.

The steel wire market is segmented on the basis of form, material type, end use, and region. On the basis of form, the market is bifurcated into rope and non-rope. On the basis of material type, the market is categorized into carbon steel, stainless steel, alloy steel, and others. On the basis of end use, the market is categorized into construction, automotive, aviation, energy, agriculture, and others. On the basis of region, the steel wire market share is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report covers strategies adopted by key players in the market to sustain the competitive environment and Increase their market share. The key players operating in the steel wire market Include JFE Steel Corporation; ArcelorMittal; Tata Steel Ltd.; Nucor Corporation; Insteel Industries, Inc.; WireCo WorldGroup, Inc.; JSW Steel Ltd.; Nippon Steel SG Wire Co., Ltd.; Severstal; and Optimus Steel.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the steel wire market analysis from 2022 to 2032 to identify the prevailing steel wire market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the steel wire market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report Includes the analysis of the regional as well as global steel wire market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Form

  • Rope
  • Non-rope

By Material Type

  • Carbon Steel
  • Stainless Steel
  • Alloy Steel
  • Others
By End-use
  • Construction
  • Automotive
  • Aviation
  • Energy
  • Agriculture
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • ArcelorMittal
  • Insteel Industries, Inc.
  • JFE Steel Corporation
  • JSW Steel Ltd.
  • NIPPON STEEL SG WIRE CO.,LTD.
  • Nucor Corporation
  • Optimus Steel
  • Severstal
  • Tata Steel Ltd.
  • WireCo WorldGroup, Inc.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. Low intensity of rivalry
3.3.5. Low bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Surge in demand for steel wires in the construction industry
3.4.1.2. Increase in adoption of steel wires in automobiles
3.4.2. Restraints
3.4.2.1. Availability of substitutes
3.4.3. Opportunities
3.4.3.1. Increase in technological advancement and innovation
3.5. COVID-19 Impact Analysis on the market
3.6. Pricing Analysis
3.7. Key Regulation Analysis
3.8. Patent Landscape
3.9. Impact Analysis of Russia-Ukraine War
CHAPTER 4: STEEL WIRE MARKET, BY FORM
4.1. Overview
4.1.1. Market size and forecast
4.2. Rope
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Non-rope
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: STEEL WIRE MARKET, BY MATERIAL TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. Carbon Steel
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Stainless Steel
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Alloy Steel
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Others
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
CHAPTER 6: STEEL WIRE MARKET, BY END-USE
6.1. Overview
6.1.1. Market size and forecast
6.2. Construction
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Automotive
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Aviation
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Energy
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
6.6. Agriculture
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market share analysis by country
6.7. Others
6.7.1. Key market trends, growth factors and opportunities
6.7.2. Market size and forecast, by region
6.7.3. Market share analysis by country
CHAPTER 7: STEEL WIRE MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Form
7.2.3. Market size and forecast, by Material Type
7.2.4. Market size and forecast, by End-use
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Form
7.2.5.1.3. Market size and forecast, by Material Type
7.2.5.1.4. Market size and forecast, by End-use
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Form
7.2.5.2.3. Market size and forecast, by Material Type
7.2.5.2.4. Market size and forecast, by End-use
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Form
7.2.5.3.3. Market size and forecast, by Material Type
7.2.5.3.4. Market size and forecast, by End-use
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Form
7.3.3. Market size and forecast, by Material Type
7.3.4. Market size and forecast, by End-use
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Form
7.3.5.1.3. Market size and forecast, by Material Type
7.3.5.1.4. Market size and forecast, by End-use
7.3.5.2. France
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Form
7.3.5.2.3. Market size and forecast, by Material Type
7.3.5.2.4. Market size and forecast, by End-use
7.3.5.3. Italy
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Form
7.3.5.3.3. Market size and forecast, by Material Type
7.3.5.3.4. Market size and forecast, by End-use
7.3.5.4. UK
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Form
7.3.5.4.3. Market size and forecast, by Material Type
7.3.5.4.4. Market size and forecast, by End-use
7.3.5.5. Spain
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Form
7.3.5.5.3. Market size and forecast, by Material Type
7.3.5.5.4. Market size and forecast, by End-use
7.3.5.6. Rest of Europe
7.3.5.6.1. Key market trends, growth factors and opportunities
7.3.5.6.2. Market size and forecast, by Form
7.3.5.6.3. Market size and forecast, by Material Type
7.3.5.6.4. Market size and forecast, by End-use
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Form
7.4.3. Market size and forecast, by Material Type
7.4.4. Market size and forecast, by End-use
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Form
7.4.5.1.3. Market size and forecast, by Material Type
7.4.5.1.4. Market size and forecast, by End-use
7.4.5.2. India
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Form
7.4.5.2.3. Market size and forecast, by Material Type
7.4.5.2.4. Market size and forecast, by End-use
7.4.5.3. Japan
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Form
7.4.5.3.3. Market size and forecast, by Material Type
7.4.5.3.4. Market size and forecast, by End-use
7.4.5.4. South Korea
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Form
7.4.5.4.3. Market size and forecast, by Material Type
7.4.5.4.4. Market size and forecast, by End-use
7.4.5.5. Australia
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Form
7.4.5.5.3. Market size and forecast, by Material Type
7.4.5.5.4. Market size and forecast, by End-use
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Key market trends, growth factors and opportunities
7.4.5.6.2. Market size and forecast, by Form
7.4.5.6.3. Market size and forecast, by Material Type
7.4.5.6.4. Market size and forecast, by End-use
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Form
7.5.3. Market size and forecast, by Material Type
7.5.4. Market size and forecast, by End-use
7.5.5. Market size and forecast, by country
7.5.5.1. Brazil
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Form
7.5.5.1.3. Market size and forecast, by Material Type
7.5.5.1.4. Market size and forecast, by End-use
7.5.5.2. Saudi Arabia
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Form
7.5.5.2.3. Market size and forecast, by Material Type
7.5.5.2.4. Market size and forecast, by End-use
7.5.5.3. South Africa
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Form
7.5.5.3.3. Market size and forecast, by Material Type
7.5.5.3.4. Market size and forecast, by End-use
7.5.5.4. Rest of LAMEA
7.5.5.4.1. Key market trends, growth factors and opportunities
7.5.5.4.2. Market size and forecast, by Form
7.5.5.4.3. Market size and forecast, by Material Type
7.5.5.4.4. Market size and forecast, by End-use
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
9.1. JFE Steel Corporation
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Key strategic moves and developments
9.2. ArcelorMittal
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments
9.3. Tata Steel Ltd.
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.4. Nucor Corporation
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.5. JSW Steel Ltd.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.6. NIPPON STEEL SG WIRE CO.,LTD.
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.7. Severstal
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Key strategic moves and developments
9.8. Optimus Steel
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.9. Insteel Industries, Inc.
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.10. WireCo WorldGroup, Inc.
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Key strategic moves and developments
List of Tables
TABLE 01. GLOBAL STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 02. GLOBAL STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 03. STEEL WIRE MARKET FOR ROPE, BY REGION, 2022-2032 ($MILLION)
TABLE 04. STEEL WIRE MARKET FOR ROPE, BY REGION, 2022-2032 (KILOTON)
TABLE 05. STEEL WIRE MARKET FOR NON-ROPE, BY REGION, 2022-2032 ($MILLION)
TABLE 06. STEEL WIRE MARKET FOR NON-ROPE, BY REGION, 2022-2032 (KILOTON)
TABLE 07. GLOBAL STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 08. GLOBAL STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 09. STEEL WIRE MARKET FOR CARBON STEEL, BY REGION, 2022-2032 ($MILLION)
TABLE 10. STEEL WIRE MARKET FOR CARBON STEEL, BY REGION, 2022-2032 (KILOTON)
TABLE 11. STEEL WIRE MARKET FOR STAINLESS STEEL, BY REGION, 2022-2032 ($MILLION)
TABLE 12. STEEL WIRE MARKET FOR STAINLESS STEEL, BY REGION, 2022-2032 (KILOTON)
TABLE 13. STEEL WIRE MARKET FOR ALLOY STEEL, BY REGION, 2022-2032 ($MILLION)
TABLE 14. STEEL WIRE MARKET FOR ALLOY STEEL, BY REGION, 2022-2032 (KILOTON)
TABLE 15. STEEL WIRE MARKET FOR OTHERS, BY REGION, 2022-2032 ($MILLION)
TABLE 16. STEEL WIRE MARKET FOR OTHERS, BY REGION, 2022-2032 (KILOTON)
TABLE 17. GLOBAL STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 18. GLOBAL STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 19. STEEL WIRE MARKET FOR CONSTRUCTION, BY REGION, 2022-2032 ($MILLION)
TABLE 20. STEEL WIRE MARKET FOR CONSTRUCTION, BY REGION, 2022-2032 (KILOTON)
TABLE 21. STEEL WIRE MARKET FOR AUTOMOTIVE, BY REGION, 2022-2032 ($MILLION)
TABLE 22. STEEL WIRE MARKET FOR AUTOMOTIVE, BY REGION, 2022-2032 (KILOTON)
TABLE 23. STEEL WIRE MARKET FOR AVIATION, BY REGION, 2022-2032 ($MILLION)
TABLE 24. STEEL WIRE MARKET FOR AVIATION, BY REGION, 2022-2032 (KILOTON)
TABLE 25. STEEL WIRE MARKET FOR ENERGY, BY REGION, 2022-2032 ($MILLION)
TABLE 26. STEEL WIRE MARKET FOR ENERGY, BY REGION, 2022-2032 (KILOTON)
TABLE 27. STEEL WIRE MARKET FOR AGRICULTURE, BY REGION, 2022-2032 ($MILLION)
TABLE 28. STEEL WIRE MARKET FOR AGRICULTURE, BY REGION, 2022-2032 (KILOTON)
TABLE 29. STEEL WIRE MARKET FOR OTHERS, BY REGION, 2022-2032 ($MILLION)
TABLE 30. STEEL WIRE MARKET FOR OTHERS, BY REGION, 2022-2032 (KILOTON)
TABLE 31. STEEL WIRE MARKET, BY REGION, 2022-2032 ($MILLION)
TABLE 32. STEEL WIRE MARKET, BY REGION, 2022-2032 (KILOTON)
TABLE 33. NORTH AMERICA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 34. NORTH AMERICA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 35. NORTH AMERICA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 36. NORTH AMERICA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 37. NORTH AMERICA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 38. NORTH AMERICA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 39. NORTH AMERICA STEEL WIRE MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 40. NORTH AMERICA STEEL WIRE MARKET, BY COUNTRY, 2022-2032 (KILOTON)
TABLE 41. U.S. STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 42. U.S. STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 43. U.S. STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 44. U.S. STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 45. U.S. STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 46. U.S. STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 47. CANADA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 48. CANADA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 49. CANADA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 50. CANADA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 51. CANADA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 52. CANADA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 53. MEXICO STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 54. MEXICO STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 55. MEXICO STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 56. MEXICO STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 57. MEXICO STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 58. MEXICO STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 59. EUROPE STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 60. EUROPE STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 61. EUROPE STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 62. EUROPE STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 63. EUROPE STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 64. EUROPE STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 65. EUROPE STEEL WIRE MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 66. EUROPE STEEL WIRE MARKET, BY COUNTRY, 2022-2032 (KILOTON)
TABLE 67. GERMANY STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 68. GERMANY STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 69. GERMANY STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 70. GERMANY STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 71. GERMANY STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 72. GERMANY STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 73. FRANCE STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 74. FRANCE STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 75. FRANCE STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 76. FRANCE STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 77. FRANCE STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 78. FRANCE STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 79. ITALY STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 80. ITALY STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 81. ITALY STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 82. ITALY STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 83. ITALY STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 84. ITALY STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 85. UK STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 86. UK STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 87. UK STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 88. UK STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 89. UK STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 90. UK STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 91. SPAIN STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 92. SPAIN STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 93. SPAIN STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 94. SPAIN STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 95. SPAIN STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 96. SPAIN STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 97. REST OF EUROPE STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 98. REST OF EUROPE STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 99. REST OF EUROPE STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 100. REST OF EUROPE STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 101. REST OF EUROPE STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 102. REST OF EUROPE STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 103. ASIA-PACIFIC STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 104. ASIA-PACIFIC STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 105. ASIA-PACIFIC STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 106. ASIA-PACIFIC STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 107. ASIA-PACIFIC STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 108. ASIA-PACIFIC STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 109. ASIA-PACIFIC STEEL WIRE MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 110. ASIA-PACIFIC STEEL WIRE MARKET, BY COUNTRY, 2022-2032 (KILOTON)
TABLE 111. CHINA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 112. CHINA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 113. CHINA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 114. CHINA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 115. CHINA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 116. CHINA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 117. INDIA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 118. INDIA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 119. INDIA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 120. INDIA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 121. INDIA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 122. INDIA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 123. JAPAN STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 124. JAPAN STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 125. JAPAN STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 126. JAPAN STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 127. JAPAN STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 128. JAPAN STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 129. SOUTH KOREA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 130. SOUTH KOREA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 131. SOUTH KOREA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 132. SOUTH KOREA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 133. SOUTH KOREA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 134. SOUTH KOREA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 135. AUSTRALIA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 136. AUSTRALIA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 137. AUSTRALIA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 138. AUSTRALIA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 139. AUSTRALIA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 140. AUSTRALIA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 141. REST OF ASIA-PACIFIC STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 142. REST OF ASIA-PACIFIC STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 143. REST OF ASIA-PACIFIC STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 144. REST OF ASIA-PACIFIC STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 145. REST OF ASIA-PACIFIC STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 146. REST OF ASIA-PACIFIC STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 147. LAMEA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 148. LAMEA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 149. LAMEA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 150. LAMEA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 151. LAMEA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 152. LAMEA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 153. LAMEA STEEL WIRE MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 154. LAMEA STEEL WIRE MARKET, BY COUNTRY, 2022-2032 (KILOTON)
TABLE 155. BRAZIL STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 156. BRAZIL STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 157. BRAZIL STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 158. BRAZIL STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 159. BRAZIL STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 160. BRAZIL STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 161. SAUDI ARABIA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 162. SAUDI ARABIA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 163. SAUDI ARABIA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 164. SAUDI ARABIA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 165. SAUDI ARABIA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 166. SAUDI ARABIA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 167. SOUTH AFRICA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 168. SOUTH AFRICA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 169. SOUTH AFRICA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 170. SOUTH AFRICA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 171. SOUTH AFRICA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 172. SOUTH AFRICA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 173. REST OF LAMEA STEEL WIRE MARKET, BY FORM, 2022-2032 ($MILLION)
TABLE 174. REST OF LAMEA STEEL WIRE MARKET, BY FORM, 2022-2032 (KILOTON)
TABLE 175. REST OF LAMEA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 ($MILLION)
TABLE 176. REST OF LAMEA STEEL WIRE MARKET, BY MATERIAL TYPE, 2022-2032 (KILOTON)
TABLE 177. REST OF LAMEA STEEL WIRE MARKET, BY END-USE, 2022-2032 ($MILLION)
TABLE 178. REST OF LAMEA STEEL WIRE MARKET, BY END-USE, 2022-2032 (KILOTON)
TABLE 179. JFE STEEL CORPORATION: KEY EXECUTIVES
TABLE 180. JFE STEEL CORPORATION: COMPANY SNAPSHOT
TABLE 181. JFE STEEL CORPORATION: PRODUCT SEGMENTS
TABLE 182. JFE STEEL CORPORATION: PRODUCT PORTFOLIO
TABLE 183. JFE STEEL CORPORATION: KEY STRATERGIES
TABLE 184. ARCELORMITTAL: KEY EXECUTIVES
TABLE 185. ARCELORMITTAL: COMPANY SNAPSHOT
TABLE 186. ARCELORMITTAL: SERVICE SEGMENTS
TABLE 187. ARCELORMITTAL: PRODUCT PORTFOLIO
TABLE 188. ARCELORMITTAL: KEY STRATERGIES
TABLE 189. TATA STEEL LTD.: KEY EXECUTIVES
TABLE 190. TATA STEEL LTD.: COMPANY SNAPSHOT
TABLE 191. TATA STEEL LTD.: PRODUCT SEGMENTS
TABLE 192. TATA STEEL LTD.: PRODUCT PORTFOLIO
TABLE 193. NUCOR CORPORATION: KEY EXECUTIVES
TABLE 194. NUCOR CORPORATION: COMPANY SNAPSHOT
TABLE 195. NUCOR CORPORATION: PRODUCT SEGMENTS
TABLE 196. NUCOR CORPORATION: PRODUCT PORTFOLIO
TABLE 197. JSW STEEL LTD.: KEY EXECUTIVES
TABLE 198. JSW STEEL LTD.: COMPANY SNAPSHOT
TABLE 199. JSW STEEL LTD.: PRODUCT SEGMENTS
TABLE 200. JSW STEEL LTD.: PRODUCT PORTFOLIO
TABLE 201. NIPPON STEEL SG WIRE CO.,LTD.: KEY EXECUTIVES
TABLE 202. NIPPON STEEL SG WIRE CO.,LTD.: COMPANY SNAPSHOT
TABLE 203. NIPPON STEEL SG WIRE CO.,LTD.: PRODUCT SEGMENTS
TABLE 204. NIPPON STEEL SG WIRE CO.,LTD.: PRODUCT PORTFOLIO
TABLE 205. SEVERSTAL: KEY EXECUTIVES
TABLE 206. SEVERSTAL: COMPANY SNAPSHOT
TABLE 207. SEVERSTAL: PRODUCT SEGMENTS
TABLE 208. SEVERSTAL: SERVICE SEGMENTS
TABLE 209. SEVERSTAL: PRODUCT PORTFOLIO
TABLE 210. SEVERSTAL: KEY STRATERGIES
TABLE 211. OPTIMUS STEEL: KEY EXECUTIVES
TABLE 212. OPTIMUS STEEL: COMPANY SNAPSHOT
TABLE 213. OPTIMUS STEEL: PRODUCT SEGMENTS
TABLE 214. OPTIMUS STEEL: PRODUCT PORTFOLIO
TABLE 215. INSTEEL INDUSTRIES, INC.: KEY EXECUTIVES
TABLE 216. INSTEEL INDUSTRIES, INC.: COMPANY SNAPSHOT
TABLE 217. INSTEEL INDUSTRIES, INC.: PRODUCT SEGMENTS
TABLE 218. INSTEEL INDUSTRIES, INC.: PRODUCT PORTFOLIO
TABLE 219. WIRECO WORLDGROUP, INC.: KEY EXECUTIVES
TABLE 220. WIRECO WORLDGROUP, INC.: COMPANY SNAPSHOT
TABLE 221. WIRECO WORLDGROUP, INC.: PRODUCT SEGMENTS
TABLE 222. WIRECO WORLDGROUP, INC.: PRODUCT PORTFOLIO
TABLE 223. WIRECO WORLDGROUP, INC.: KEY STRATERGIES
List of Figures
FIGURE 01. STEEL WIRE MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF STEEL WIRE MARKET, 2022-2032
FIGURE 03. TOP INVESTMENT POCKETS IN STEEL WIRE MARKET (2023-2032)
FIGURE 04. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW THREAT OF NEW ENTRANTS
FIGURE 06. LOW THREAT OF SUBSTITUTES
FIGURE 07. LOW INTENSITY OF RIVALRY
FIGURE 08. LOW BARGAINING POWER OF BUYERS
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALSTEEL WIRE MARKET
FIGURE 10. PRICING ANALYSIS: STEEL WIRE MARKET 2022 AND 2032
FIGURE 11. IMPACT OF KEY REGULATION: STEEL WIRE MARKET
FIGURE 12. PATENT ANALYSIS BY COMPANY
FIGURE 13. PATENT ANALYSIS BY COUNTRY
FIGURE 13. STEEL WIRE MARKET, BY FORM, 2022(%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR ROPE, BY COUNTRY 2022 AND 2032(%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR NON-ROPE, BY COUNTRY 2022 AND 2032(%)
FIGURE 16. STEEL WIRE MARKET, BY MATERIAL TYPE, 2022(%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR CARBON STEEL, BY COUNTRY 2022 AND 2032(%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR STAINLESS STEEL, BY COUNTRY 2022 AND 2032(%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR ALLOY STEEL, BY COUNTRY 2022 AND 2032(%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR OTHERS, BY COUNTRY 2022 AND 2032(%)
FIGURE 21. STEEL WIRE MARKET, BY END-USE, 2022(%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR CONSTRUCTION, BY COUNTRY 2022 AND 2032(%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR AUTOMOTIVE, BY COUNTRY 2022 AND 2032(%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR AVIATION, BY COUNTRY 2022 AND 2032(%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR ENERGY, BY COUNTRY 2022 AND 2032(%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR AGRICULTURE, BY COUNTRY 2022 AND 2032(%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF STEEL WIRE MARKET FOR OTHERS, BY COUNTRY 2022 AND 2032(%)
FIGURE 28. STEEL WIRE MARKET BY REGION, 2022
FIGURE 29. U.S. STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 30. CANADA STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 31. MEXICO STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 32. GERMANY STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 33. FRANCE STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 34. ITALY STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 35. UK STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 36. SPAIN STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 37. REST OF EUROPE STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 38. CHINA STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 39. INDIA STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 40. JAPAN STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 41. SOUTH KOREA STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 42. AUSTRALIA STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 43. REST OF ASIA-PACIFIC STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 44. BRAZIL STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 45. SAUDI ARABIA STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 46. SOUTH AFRICA STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 47. REST OF LAMEA STEEL WIRE MARKET, 2022-2032 ($MILLION)
FIGURE 48. TOP WINNING STRATEGIES, BY YEAR
FIGURE 49. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 50. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 51. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 52. COMPETITIVE DASHBOARD
FIGURE 53. COMPETITIVE HEATMAP: STEEL WIRE MARKET
FIGURE 54. TOP PLAYER POSITIONING, 2022
FIGURE 55. ARCELORMITTAL: NET SALES, 2020-2022 ($MILLION)
FIGURE 56. ARCELORMITTAL: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)
FIGURE 57. ARCELORMITTAL: REVENUE SHARE BY SEGMENT, 2022 (%)
FIGURE 58. ARCELORMITTAL: REVENUE SHARE BY REGION, 2022 (%)
FIGURE 59. TATA STEEL LTD.: NET SALES, 2020-2022 ($MILLION)
FIGURE 60. TATA STEEL LTD.: REVENUE SHARE BY SEGMENT, 2022 (%)
FIGURE 61. TATA STEEL LTD.: REVENUE SHARE BY REGION, 2022 (%)
FIGURE 62. NUCOR CORPORATION (NUCOR TUBULAR PRODUCTS): NET SALES, 2020-2022 ($MILLION)
FIGURE 63. NUCOR CORPORATION (NUCOR TUBULAR PRODUCTS): REVENUE SHARE BY SEGMENT, 2022 (%)
FIGURE 64. JSW STEEL LTD.: NET REVENUE, 2020-2022 ($MILLION)
FIGURE 65. INSTEEL INDUSTRIES, INC.: NET SALES, 2020-2022 ($MILLION)
FIGURE 66. INSTEEL INDUSTRIES, INC.: REVENUE SHARE BY SEGMENT, 2022 (%)

Executive Summary

According to a new report, titled, 'Steel Wire Market,' The steel wire market was valued at $96.6 billion in 2022, and is estimated to reach $180.9 billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.

Steel wire is a type of wire made from steel, which is an alloy primarily composed of iron with varying amounts of carbon and other elements. Steel wire can be manufactured in different diameters, gauges, and grades to suit specific applications. It can be further classified into various types, including carbon steel wire, stainless steel wire, galvanized steel wire, and alloy steel wire. It is known for its strength, durability, and versatility. Steel wire is widely used in the manufacturing of springs, including compression springs, extension springs, and torsion springs. Springs made from steel wire provide resilience, flexibility, and the ability to store and release energy, making them suitable for various applications such as automotive, appliances, industrial machinery, and furniture.

Steel wire plays a vital role in the energy industry, supporting the generation, transmission, and distribution of various forms of energy. Steel wire is used in overhead power lines to support and transmit electrical energy over long distances. It forms the core of steel-cored aluminum conductors (ACSR) and all-aluminum alloy conductors (AAAC), providing strength and conductivity for efficient electricity transmission.

Moreover, steel wire is used in submarine power cables to provide mechanical strength and protection to the electrical conductors. It helps withstand the stresses of installation, anchoring, and underwater conditions, ensuring reliable transmission of electricity across bodies of water. Besides, it plays a crucial role in the oil and gas industry. It is used in drilling operations for wellbore reinforcement, wireline applications, and coiled tubing. Steel wire ropes are employed in drilling rig operations, hoisting equipment, and offshore platforms.

Steel wire is used in pre-stressed concrete applications, where tension is applied to the wire before pouring concrete. This technique helps in creating structures with higher load-bearing capacities and reduced cracking. Pre-stressed concrete is commonly employed in the construction of bridges, parking garages, industrial facilities, and other large-scale projects.

Furthermore, increase in investments in infrastructure projects, such as bridges, roads, tunnels, and buildings, drives the demand for steel wires. The need for steel wire reinforcement in these construction projects rises significantly as countries and regions focus on modernizing and expanding their infrastructure. Infrastructure development projects often require large quantities of steel wire for various applications.

Further, steel wire is utilized in the construction of retaining walls and slope stabilization systems. These structures require wire mesh or wire grids to reinforce and stabilize soil or rock masses. Steel wire provides support and prevents potential soil erosion or slope failure, making it an essential component in such applications.

Furthermore, steel wire is widely used in the construction of safety and security fencing systems. It is employed in boundary fencing, perimeter security, and high-security installations. Steel wire fencing offers durability, strength, and resistance to cutting or tampering, making it an ideal choice for ensuring safety and security in various construction projects. In addition, steel wire is used to build temporary structures, such as scaffolding and formwork. Scaffolding systems often incorporate steel wire components for structural support and safety. These temporary structures are essential during construction activities, providing access, support, and stability for workers.

The inherent strength, versatility, and suitability for reinforcement applications make steel wire a preferred choice for construction projects of various scales and types. Therefore, the need for robust and durable structures, the growth of infrastructure projects, and the increase in focus on safety and security are the key factors anticipated to propel the demand for steel wire in construction industry during the forecast period.

The steel wire market is segmented on the basis of form, material type, end use, and region. On the basis of form, the market is bifurcated into rope and non-rope. On the basis of material type, the market is categorized into carbon steel, stainless steel, alloy steel, and others. On the basis of end use, the market is categorized into construction, automotive, aviation, energy, agriculture, and others. On the basis of region, the steel wire market share is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players in the steel wire industry include JFE Steel Corporation; ArcelorMittal; Tata Steel Ltd.; Nucor Corporation; Insteel Industries, Inc.; WireCo WorldGroup, Inc.; JSW Steel Ltd.; Nippon Steel SG Wire Co., Ltd.; Severstal; and Optimus Steel.

Key Market Insights

  • Based on form, the rope segment dominated the market in 2022
  • By material type, the carbon steel segment was the highest revenue contributor to the market, growing with a CAGR of 6.6%
  • On the basis of end use, the construction segment held the largest share of the global market in 2022
  • Based on region, Asia-Pacific was the highest revenue contributor, growing with a CAGR of 6.7%.

Companies Mentioned

  • ArcelorMittal
  • Insteel Industries, Inc.
  • JFE Steel Corporation
  • JSW Steel Ltd.
  • NIPPON STEEL SG WIRE CO.,LTD.
  • Nucor Corporation
  • Optimus Steel
  • Severstal
  • Tata Steel Ltd.
  • WireCo WorldGroup, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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