Report overview
Stainless steel wire rods are formed by hot rolling billets on continuous revolving mills. Stainless steel wire rods are on the demand of getting a extensive growth in the coming future. The properties of these wire rods such as corrosion resistance, high tensile strength, high ductility, malleability, and greater variety of steel grades have enlarged its applications. These wire rods are mainly used in end-user industries such as agriculture, ship building, automobile, welding, electrodes, and petroleum, among others. In addition, they are also used in various industrial applications such as strengthening materials for tyres and conveyor belts.
This report aims to provide a comprehensive presentation of the global market for Stainless Steel Wire Rods, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Stainless Steel Wire Rods. This report contains market size and forecasts of Stainless Steel Wire Rods in global, including the following market information:
Global Stainless Steel Wire Rods Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Stainless Steel Wire Rods Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Stainless Steel Wire Rods companies in 2022 (%)
The global Stainless Steel Wire Rods market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
One driver in market is increased usage of stainless steel wire in various industries. Stainless steel is used in a wide variety of applications in both industrial and consumer products because of its strength, durability, malleability, corrosion resistance, and attractive surface appearance. The major application of stainless steel wire rods is stainless steel wires which are used widely in many industries. In the automotive manufacturing industry, it is used commonly for reinforcing tires and to produce the drivetrain, steel wheel, exhaust, seating, and vehicle door systems. The global automotive industry is experiencing steady growth, and the volume of automobiles sold is expected to increase. The small vehicle segment consisting of microcars, superminis, and subcompacts account for approximately 34% of global vehicle sales.
We surveyed the Stainless Steel Wire Rods manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Stainless Steel Wire Rods Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Stainless Steel Wire Rods Market Segment Percentages, by Type, 2022 (%)
6mm
8mm
10mm
12mm
Others
Global Stainless Steel Wire Rods Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Stainless Steel Wire Rods Market Segment Percentages, by Application, 2022 (%)
Steel Wire
Steel Fasteners
Steel Bright Bars
Other
Global Stainless Steel Wire Rods Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Stainless Steel Wire Rods Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Stainless Steel Wire Rods revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Stainless Steel Wire Rods revenues share in global market, 2022 (%)
Key companies Stainless Steel Wire Rods sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Stainless Steel Wire Rods sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arcelormittal
Evraz
Gerdau
Shagang Group
NSSMC
Hebei Sakaguchi Stainless Steel
Ivaco Rolling Mills (HEICO)
Central Wire
Emirates Steel
Fagersta Stainless
Outline of Major Chapters:
Chapter 1: Introduces the definition of Stainless Steel Wire Rods, market overview.
Chapter 2: Global Stainless Steel Wire Rods market size in revenue and volume.
Chapter 3: Detailed analysis of Stainless Steel Wire Rods manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Stainless Steel Wire Rods in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Stainless Steel Wire Rods capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
