Global Steelmaking Cored Wire Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Steelmaking Cored Wire Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Steelmaking cored wire plays a crucial role in the steel manufacturing process, offering a precise and efficient method for introducing alloying elements and additives into molten metal. Comprising a metal sheath filled with powdered or granular materials, such as ferroalloys, minerals, or rare earth metals, these wires are inserted into the ladle or furnace during steelmaking operations. As the wire melts, the alloying elements contained within are dispersed evenly throughout the molten metal, allowing for controlled and precise adjustments to the chemical composition and properties of the steel. This process enhances the steel's strength, corrosion resistance, and other desired characteristics, while minimizing waste and reducing production costs. With their versatility and effectiveness, steelmaking cored wires have become indispensable tools in modern steel manufacturing, enabling producers to produce high-quality steel tailored to specific applications and market demands.



According to our (Global Info Research) latest study, the global Steelmaking Cored Wire market size was valued at US$ 242 million in 2023 and is forecast to a readjusted size of USD 352 million by 2030 with a CAGR of 5.9% during review period.

This report is a detailed and comprehensive analysis for global Steelmaking Cored 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 2024, are provided.

Key Features:

Global Steelmaking Cored Wire market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030

Global Steelmaking Cored Wire market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030

Global Steelmaking Cored Wire market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030

Global Steelmaking Cored Wire market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2019-2024

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 Steelmaking Cored 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 Steelmaking Cored 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 Sarthak Metals, Anyang Chunyang, Anyang Tiefa, Anyang Wanhua, Henan Xibao, Harbin KeDeWei, Anyang Changxin Special Alloy, Wuxi Novel Special Metal, TUF Group, FSM, etc.

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

Market Segmentation

Steelmaking Cored Wire market is split by Type and by Application. For the period 2019-2030, 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
Solid Cored Wire
Seamless Cored Wire

Market segment by Application
Carbon Steel
Alloy Steel
Other

Major players covered
Sarthak Metals
Anyang Chunyang
Anyang Tiefa
Anyang Wanhua
Henan Xibao
Harbin KeDeWei
Anyang Changxin Special Alloy
Wuxi Novel Special Metal
TUF Group
FSM

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 Steelmaking Cored Wire product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Steelmaking Cored Wire, with price, sales quantity, revenue, and global market share of Steelmaking Cored Wire from 2019 to 2024.

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

Chapter 4, the Steelmaking Cored Wire breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

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 2019 to 2030.

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 2019 to 2024.and Steelmaking Cored Wire market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

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 Steelmaking Cored Wire.

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