Steel Wire Market By Form (Rope, Non-rope), By Material Type (Carbon Steel, Stainless Steel, Alloy Steel, Others), End-use (Construction, Automotive, Aviation, Energy, Agriculture, Others): Global Opportunity Analysis & Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, 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 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.

Product Code: A16430

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