Global Galvanized Steel Wire Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Galvanized Steel Wire market size was valued at US$ 1792 million in 2024 and is forecast to a readjusted size of USD 2796 million by 2031 with a CAGR of 6.4% during review period.

Galvanized steel wire is a kind of product made by drawing high-quality carbon structural steel and then heat-treating and galvanizing it, which is mainly used in the manufacture of electric power and communication, galvanized steel wire mesh, construction engineering, springs and all kinds of steel wire ropes. With the promotion of urbanization and power grid upgrading, the application range of galvanized steel wire continues to broaden, from the traditional electric power, communication field gradually to the net fence and other fields.

The current state of the galvanized steel wire market is showing positive developments, despite some challenges.

the global key manufacturers of Galvanised Steel Wire include Bekaert SA, ArcelorMittal, The Heico Companies, Henan Hengxing Science & Technology Co., Ltd, Shandong Jingwei Steel Cord co., LTD, Qian'an Xinghua Metal Products Co., Ltd, Zhejiang Guanming Power Transmission Material Corp, HeBei ZhiDaWeiYe Commlinications Equipment Co., Ltd, Tianjin Quanyou Steel Rope Co.,LTD, Si Chuan Donggang New Materials Co., Ltd., etc. In 2023, the global top 10 players had a share approximately 42.0% in terms of revenue.

Technology, electro-galvanized steel wire is one of the mainstream products in the market, which is obtained by electrodeposition through an applied power source, and the coating obtained consists of fine pure zinc grains. Hot-dip galvanizing, on the other hand, relies on physical heat diffusion to form the coating, first forming an iron and zinc compound, and then generating a pure zinc layer on the surface of the iron and zinc compound. These two methods have their own advantages, to meet the needs of different areas.

On the market front, the galvanized steel wire industry is facing a number of challenges.2024 In March, shipments from 154 galvanized companies across the country suffered a 7.89% decline, with a particularly significant reduction of 10.94% in central China. This data reflects the sluggish development of the galvanized industry in the current market environment and provides an important market reference for investors.

However, the development prospect of galvanized steel wire industry is still optimistic. With global and Chinese galvanized steel wire industry research shows that the galvanized steel wire market is expected to grow at a certain CAGR between 2023 and 2029. This indicates that despite some volatility faced by the current market, the galvanized steel wire industry still has a high potential for growth in the long run.

In conclusion, the galvanized steel wire market is facing challenges, but also showing positive development trends and broad market prospects. With the progress of technology and the expansion of application areas, galvanized steel wire is expected to continue to maintain the growth trend in the future.

In recent years, China's galvanized steel wire industry has shown a growth trend in both production and demand, which reflects the increasing demand for galvanized steel wire in the market. With the advancement of technology and environmental protection requirements, galvanized steel wire industry is experiencing structural optimization and upgrading, especially in the new energy, environmental protection, high-end manufacturing and other areas of rapid development, for the galvanized steel wire industry has brought new market opportunities. In terms of market competition, galvanized steel wire market players, enterprises need to improve product quality, technical level and brand building to cope with market competition. Meanwhile, trends such as environmental protection and energy saving, technological innovation and industry chain integration are crucial to the development of the industry.

This report is a detailed and comprehensive analysis for global Galvanized Steel Wire market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Galvanized Steel Wire market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Galvanized Steel Wire market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Galvanized Steel Wire market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Galvanized Steel Wire market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Galvanized Steel Wire

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Galvanized Steel Wire market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bekaert SA, ArcelorMittal, The Heico Companies, Henan Hengxing Science & Technology Co., Ltd, Shandong Jingwei Steel Cord co., LTD, Qian'an Xinghua Metal Products Co., Ltd, Zhejiang Guanming Power Transmission Material Corp, HeBei ZhiDaWeiYe Commlinications Equipment Co., Ltd, Tianjin Quanyou Steel Rope Co.,LTD, Si Chuan Donggang New Materials Co., Ltd., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Galvanized Steel Wire market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Electrogalvanized Steel Wire
Hot-dip Galvanized Steel Wire
Others

Market segment by Application
Electricity and Communications
Wire Mesh Fence
Others

Major players covered
Bekaert SA
ArcelorMittal
The Heico Companies
Henan Hengxing Science & Technology Co., Ltd
Shandong Jingwei Steel Cord co., LTD
Qian'an Xinghua Metal Products Co., Ltd
Zhejiang Guanming Power Transmission Material Corp
HeBei ZhiDaWeiYe Commlinications Equipment Co., Ltd
Tianjin Quanyou Steel Rope Co.,LTD
Si Chuan Donggang New Materials Co., Ltd.
King Steel Corporation

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Galvanized Steel Wire product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Galvanized Steel Wire, with price, sales quantity, revenue, and global market share of Galvanized Steel Wire from 2020 to 2025.

Chapter 3, the Galvanized Steel Wire competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Galvanized Steel Wire breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Galvanized Steel Wire market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Galvanized Steel Wire.

Chapter 14 and 15, to describe Galvanized Steel Wire sales channel, distributors, customers, research findings and conclusion.