Steel Wire Market by Type, Application, Key Players and Regions - Global Industry Analysis & Forecast to 2027
Published On : August 2022 Pages : 155 Category: Advanced Materials Report Code : CM0817762
The global Steel Wire Market is valued at USD XX billion in 2021 and is projected to reach USD XX billion by the end of 2027, growing at a CAGR of XX% during the period 2022 to 2027.
The report exhibit detail coverage of Steel Wire industry and market trends. The report also analyses present and past market values to forecast potential market through the forecast period between 2022-2027. This research study of Steel Wire Market involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
In addition, the report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well. Overall, this report covers the historical situation, present status and the future prospects of the global Steel Wire Market for 2017-2027.
Crystal Market Research envisions that the span of the Steel Wire Market will develop amid the estimated time frame as the Compound Annual Growth Rate boosts significantly. The objective of the market research report is the current status of the market and in accordance classifies it into a few portions. The report takes into consideration the prime market players in every area from over the globe.
Our research study analyses the size of the global market of Steel Wire in primary regions such as North America, South America, Middle East & Africa, Asia Pacific and Europe. It also classifies the Steel Wire Market by key manufacturers, region, type and application. Furthermore, this study examines in the status of the market, market share, future trends, growth rate, competitive landscape, opportunities, market driving factors and restraints, and challenges.
To stay updated with the latest technology and functions of the industry, Crystal Market Research regularly performs interviews with several industry experts and visits for its expert research analysts. The data sources include but not limited to reports of company’s, international organizations and governments, MMI market surveys, and related industry news.
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2017 to 2027. This report has segmented the Steel Wire Market on the basis of type, application, and region:
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
- Arcelor Mittal
- Bekaert
- JFE Steel Holdings
- Kobe Steel Limited
- LIBERTY Steel Group
- Nippon Steel Corporation
- Tata Steel Limited
- VAN MERKSTEIJN INTERNATIONAL
- Henan Hengxing Science & Technology Co., Ltd.
- Tianjin Huayuan Metal Wire Products Co.Ltd.
By Type
- Carbon Steel
- Stainless Steel
- Alloy Steel
By Application
- Construction
- Automotive
- Energy
- Industrial
- Agriculture
- Others
By Region
- North America (US, Canada)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Mexico, Columbia, Rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA)
Years considered for this report:
Historical Years: 2017-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2027
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2022 to 2027?
- What will be the industry market growth from 2017 to 2027?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Data Mining
1.2.2. Market Modeling and Forecasting
1.2.3. Data Validation
1.2.4. Industry Analysis
2. Market Dashboard
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
4. Steel Wire Market, By Type
4.1. Introduction
4.2. Steel Wire Market Size and Growth Rate By Type (2017-2022)
4.3. Carbon Steel
4.3.1. Global Carbon Steel Market Size and Growth Rate (2017-2022)
4.4. Stainless Steel
4.4.1. Global Stainless Steel Market Size and Growth Rate (2017-2022)
4.5. Alloy Steel
4.5.1. Global Alloy Steel Market Size and Growth Rate (2017-2022)
5. Steel Wire Market, By Application
5.1. Introduction
5.2. Steel Wire Market Size and Growth Rate By Application (2017-2022)
5.3. Construction
5.3.1. Global Construction Market Size and Growth Rate (2017-2022)
5.4. Automotive
5.4.1. Global Automotive Market Size and Growth Rate (2017-2022)
5.5. Energy
5.5.1. Global Energy Market Size and Growth Rate (2017-2022)
5.6. Industrial
5.6.1. Global Industrial Market Size and Growth Rate (2017-2022)
5.7. Agriculture
5.7.1. Global Agriculture Market Size and Growth Rate (2017-2022)
5.8. Others
5.8.1. Global Others Market Size and Growth Rate (2017-2022)
6. Steel Wire Market, By Region
6.1. Introduction
6.2. Steel Wire Market Size and Growth Rate By Regions
6.2 North America
6.2.1. North America Steel Wire Market Size and Growth Rate (2017-2022))
6.2.2. North America Steel Wire Market By Type (2017-2022)
6.2.3. North America Steel Wire Market By Application (2017-2022)
6.2.4. North America Steel Wire Market By Country (2017-2022)
6.2.5. United States
6.2.5.1.United States Steel Wire Market Size and Growth Rate (2017-2022)
6.2.5.2.United States Steel Wire Market By Type (2017-2022)
6.2.5.3.United States Steel Wire Market By Application (2017-2022)
6.2.6. Canada
6.2.6.1.Canada Steel Wire Market Size and Growth Rate (2017-2022)
6.2.6.2.Canada Steel Wire Market By Type (2017-2022)
6.2.6.3.Canada Steel Wire Market By Application (2017-2022)
6.3 Europe
6.3.1. Europe Steel Wire Market Size and Growth Rate (2017-2022))
6.3.2. Europe Steel Wire Market By Type (2017-2022)
6.3.3. Europe Steel Wire Market By Application (2017-2022)
6.3.4. Europe Steel Wire Market By Country (2017-2022)
6.3.5. Germany
6.3.5.1.Germany Steel Wire Market Size and Growth Rate (2017-2022)
6.3.5.2.Germany Steel Wire Market By Type (2017-2022)
6.3.5.3.Germany Steel Wire Market By Application (2017-2022)
6.3.6. France
6.3.6.1.France Steel Wire Market Size and Growth Rate (2017-2022)
6.3.6.2.France Steel Wire Market By Type (2017-2022)
6.3.6.3.France Steel Wire Market By Application (2017-2022)
6.3.7. UK
6.3.7.1.UK Steel Wire Market Size and Growth Rate (2017-2022)
6.3.7.2.UK Steel Wire Market By Type (2017-2022)
6.3.7.3.UK Steel Wire Market By Application (2017-2022)
6.3.8. Russia
6.3.8.1.Russia Steel Wire Market Size and Growth Rate (2017-2022)
6.3.8.2.Russia Steel Wire Market By Type (2017-2022)
6.3.8.3.Russia Steel Wire Market By Application (2017-2022)
6.3.9. Italy
6.3.9.1.Italy Steel Wire Market Size and Growth Rate (2017-2022)
6.3.9.2.Italy Steel Wire Market By Type (2017-2022)
6.3.9.3.Italy Steel Wire Market By Application (2017-2022)
6.3.10. Rest of Europe
6.3.10.1.Rest of Europe Steel Wire Market Size and Growth Rate (2017-2022)
6.3.10.2.Rest of Europe Steel Wire Market By Type (2017-2022)
6.3.10.3.Rest of Europe Steel Wire Market By Application (2017-2022)
6.4 Asia-Pacific
6.4.1. Asia-Pacific Steel Wire Market Size and Growth Rate (2017-2022))
6.4.2. Asia-Pacific Steel Wire Market By Type (2017-2022)
6.4.3. Asia-Pacific Steel Wire Market By Application (2017-2022)
6.4.4. Asia-Pacific Steel Wire Market By Country (2017-2022)
6.4.5. China
6.4.5.1.China Steel Wire Market Size and Growth Rate (2017-2022)
6.4.5.2.China Steel Wire Market By Type (2017-2022)
6.4.5.3.China Steel Wire Market By Application (2017-2022)
6.4.6. Japan
6.4.6.1.Japan Steel Wire Market Size and Growth Rate (2017-2022)
6.4.6.2.Japan Steel Wire Market By Type (2017-2022)
6.4.6.3.Japan Steel Wire Market By Application (2017-2022)
6.4.7. Korea
6.4.7.1.Korea Steel Wire Market Size and Growth Rate (2017-2022)
6.4.7.2.Korea Steel Wire Market By Type (2017-2022)
6.4.7.3.Korea Steel Wire Market By Application (2017-2022)
6.4.8. India
6.4.8.1.India Steel Wire Market Size and Growth Rate (2017-2022)
6.4.8.2.India Steel Wire Market By Type (2017-2022)
6.4.8.3.India Steel Wire Market By Application (2017-2022)
6.4.9. Southeast Asia
6.4.9.1.Southeast Asia Steel Wire Market Size and Growth Rate (2017-2022)
6.4.9.2.Southeast Asia Steel Wire Market By Type (2017-2022)
6.4.9.3.Southeast Asia Steel Wire Market By Application (2017-2022)
6.4.10. Rest of Asia-Pacific
6.4.10.1.Rest of Asia-Pacific Steel Wire Market Size and Growth Rate (2017-2022)
6.4.10.2.Rest of Asia-Pacific Steel Wire Market By Type (2017-2022)
6.4.10.3.Rest of Asia-Pacific Steel Wire Market By Application (2017-2022)
6.5 South America
6.5.1. South America Steel Wire Market Size and Growth Rate (2017-2022))
6.5.2. South America Steel Wire Market By Type (2017-2022)
6.5.3. South America Steel Wire Market By Application (2017-2022)
6.5.4. South America Steel Wire Market By Country (2017-2022)
6.5.5. Brazil
6.5.5.1.Brazil Steel Wire Market Size and Growth Rate (2017-2022)
6.5.5.2.Brazil Steel Wire Market By Type (2017-2022)
6.5.5.3.Brazil Steel Wire Market By Application (2017-2022)
6.5.6. Mexico
6.5.6.1.Mexico Steel Wire Market Size and Growth Rate (2017-2022)
6.5.6.2.Mexico Steel Wire Market By Type (2017-2022)
6.5.6.3.Mexico Steel Wire Market By Application (2017-2022)
6.5.7. Columbia
6.5.7.1.Columbia Steel Wire Market Size and Growth Rate (2017-2022)
6.5.7.2.Columbia Steel Wire Market By Type (2017-2022)
6.5.7.3.Columbia Steel Wire Market By Application (2017-2022)
6.5.8. Rest of South America
6.5.8.1.Rest of South America Steel Wire Market Size and Growth Rate (2017-2022)
6.5.8.2.Rest of South America Steel Wire Market By Type (2017-2022)
6.5.8.3.Rest of South America Steel Wire Market By Application (2017-2022)
6.6 Middle East and Africa
6.6.1. Middle East and Africa Steel Wire Market Size and Growth Rate (2017-2022))
6.6.2. Middle East and Africa Steel Wire Market By Type (2017-2022)
6.6.3. Middle East and Africa Steel Wire Market By Application (2017-2022)
6.6.4. Middle East and Africa Steel Wire Market By Country (2017-2022)
6.6.5. Saudi Arabia
6.6.5.1.Saudi Arabia Steel Wire Market Size and Growth Rate (2017-2022)
6.6.5.2.Saudi Arabia Steel Wire Market By Type (2017-2022)
6.6.5.3.Saudi Arabia Steel Wire Market By Application (2017-2022)
6.6.6. United Arab Emirates
6.6.6.1.United Arab Emirates Steel Wire Market Size and Growth Rate (2017-2022)
6.6.6.2.United Arab Emirates Steel Wire Market By Type (2017-2022)
6.6.6.3.United Arab Emirates Steel Wire Market By Application (2017-2022)
6.6.7. South Africa
6.6.7.1.South Africa Steel Wire Market Size and Growth Rate (2017-2022)
6.6.7.2.South Africa Steel Wire Market By Type (2017-2022)
6.6.7.3.South Africa Steel Wire Market By Application (2017-2022)
6.6.8. Rest of Middle East and Africa
6.6.8.1.Rest of Middle East and Africa Steel Wire Market Size and Growth Rate (2017-2022)
6.6.8.2.Rest of Middle East and Africa Steel Wire Market By Type (2017-2022)
6.6.8.3.Rest of Middle East and Africa Steel Wire Market By Application (2017-2022)
7. Company Profiles
7.1. Arcelor Mittal
7.1.1. Business Overview
7.1.2. Service Portfolio
7.1.3. Strategic Developments
7.1.4. Financial Overview
7.2. Bekaert
7.2.1. Business Overview
7.2.2. Service Portfolio
7.2.3. Strategic Developments
7.2.4. Financial Overview
7.3. JFE Steel Holdings
7.3.1. Business Overview
7.3.2. Service Portfolio
7.3.3. Strategic Developments
7.3.4. Financial Overview
7.4. Kobe Steel Limited
7.4.1. Business Overview
7.4.2. Service Portfolio
7.4.3. Strategic Developments
7.4.4. Financial Overview
7.5. LIBERTY Steel Group
7.5.1. Business Overview
7.5.2. Service Portfolio
7.5.3. Strategic Developments
7.5.4. Financial Overview
7.6. Nippon Steel Corporation
7.6.1. Business Overview
7.6.2. Service Portfolio
7.6.3. Strategic Developments
7.6.4. Financial Overview
7.7. Tata Steel Limited
7.7.1. Business Overview
7.7.2. Service Portfolio
7.7.3. Strategic Developments
7.7.4. Financial Overview
7.8. VAN MERKSTEIJN INTERNATIONAL
7.8.1. Business Overview
7.8.2. Service Portfolio
7.8.3. Strategic Developments
7.8.4. Financial Overview
7.9. Henan Hengxing Science & Technology Co., Ltd.
7.9.1. Business Overview
7.9.2. Service Portfolio
7.9.3. Strategic Developments
7.9.4. Financial Overview
7.10. Tianjin Huayuan Metal Wire Products Co.Ltd.
7.10.1. Business Overview
7.10.2. Service Portfolio
7.10.3. Strategic Developments
7.10.4. Financial Overview
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2027) |
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