The global market for Steel Wire Rod was valued at US$ 110,510 million in 2024 and is forecast to a readjusted size of US$ 126,380 million by 2031 with a CAGR of 3.35% during the forecast period 2025-2031.
North America market for Steel Wire Rod was valued at $ 3,094 million in 2024 and will reach $ 3,450 million by 2031, at a CAGR of 2.53% during the forecast period of 2025 through 2031.
Asia-Pacific market for Steel Wire Rod was valued at $ 81,009 million in 2024 and will reach $ 92,155 million by 2031, at a CAGR of 3.39% during the forecast period of 2025 through 2031.
Europe market for Steel Wire Rod was valued at $ 18,183 million in 2024 and will reach $ 20,996 million by 2031, at a CAGR of 3.20% during the forecast period of 2025 through 2031.
The global key companies of Steel Wire Rod include ArcelorMittal, Shagang Group, Nippon Steel, Citic Pacific Special Steel, Zenith Steel Group, JIANGSU YONGGANG, Sansteel Minguang, POSCO, and BX Steel, etc. In 2024, the global five largest players hold a share approximately 12.82% in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Steel Wire Rod, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Steel Wire Rod by region & country, by Type, and by Application.
The Steel Wire Rod market size, estimations, and forecasts are provided in terms of sales volume (K Ton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Steel Wire Rod.
Market Segmentation
By Company
ArcelorMittal
Shagang Group
Nippon Steel
Citic Pacific Special Steel
Zenith Steel Group
JIANGSU YONGGANG
Sansteel Minguang
POSCO
BX Steel
Baosteel
HBIS
Bao Gang
Fangda Special Steel
Lingyuan Iron and Steel
Segment by Type
Ordinary Wire Rod
High Carbon Wire Rod
Alloy Wire Rod
Segment by Application
Construction Industry
Car Industry
Machinery Industry
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Steel Wire Rod manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Steel Wire Rod in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Steel Wire Rod in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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