Steel Wire Market Scope And Analysis

  • Report Code : TIPRE00011060
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 203
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Steel Wire Market Analysis, Scope, and Growth by 2031

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Steel Wire Market Report Steel Wire Market Size and Share Steel Wire Market Scope and Analysis

Steel Wire Market Report Scope

Report Attribute Details
Market size in 2023 US$ 77.47 Billion
Market Size by 2031 US$ 123.23 Billion
Global CAGR (2023 - 2031) 6.0%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Material
  • Carbon Steel
  • Stainless Steel
  • Alloy Steel
By Thickness
  • Below 0.8 mm
  • 0.8 mm to 1.6 mm
  • More Than 1.6 mm
By Application
  • Construction
  • Automotive
  • Aerospace
  • Mining
  • Marine
  • Agriculture
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ArcelorMittal SA
  • Nippon Steel SG Wire Co Ltd
  • JFE Steel Corp
  • TATA Steel Ltd
  • Kobe Steel Ltd
  • JSW Steel Ltd
  • The HEICO Companies LLC
  • NV Bekaert SA
  • Tianjin Huayuan Metal Wire Products Co Ltd
  • Henan Hengxing Science and Technology Co Ltd
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    Steel Wire Market News and Recent Developments

    The steel wire market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the steel wire market are listed below:

    • Ovako signed a partnership deal with FNsteel to reduce carbon intensity in wire rod production across Europe. (Source: Ovako, Press Release, April 2024)
    • Tata Steel announced its merger with Indian Steel & Wire Products. With this merger, it has combined seven subsidiaries for synergies, efficiency, and cost reduction. (Source: Tata Steel, Press Release, February 2023)
    • Schnitzer Steel Industries launched GRN Steel, a line of net zero carbon products from its Cascade Steel manufacturing operations. (Source: Schnitzer Steel Industries, Press Release, March 2022)
    • JSW Steel acquired Neotrex Steel, an under-construction project for Low-Relaxation Pre-Strussed Concrete strands, from Everbest Consultancy Services. (Source: JSW Steel, Company Website, March 2021)

    Steel Wire Market Report Coverage and Deliverables

    The “Steel Wire Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Steel wire market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Steel wire market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed Porter’s Five Forces and SWOT analysis
    • Steel wire market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the steel wire market
    • Detailed company profiles