Stainless Steel Wire Rod Market By Thickness ( 6mm, 8mm, 10mm, 12mm ), By Application ( Steel Wire, Steel Fasteners, Steel Bright Bars ), Industry Trends, Estimation & Forecast, 2017-2025

March 2018

 Pages: 180

 ERC 8692


Stainless Steel Wire Rod Market is expected to grow with a CAGR of 4.20% during the forecast period of 2018 to 2025.In 2017, the steel wire segment generated the highest revenue share in the global stainless steel wire rod market.

Stainless steel wire rods are rolled wire rods which are manufactured in the form of irregular looped coils. These coils are then heat treated, pickled in acid baths to remove the black oxide layer and then cut and reformed in the desired form such as billets and ingots. Hot rolled wire rod diameter usually ranges from 6 to 30 mm. Industries such as ship building, medical, agriculture, springs, vineyard ,agriculture, chemical, petroleum, automobile, weaving braiding, fastener, food processing, paper mills, welding electrode and house hold applications are the major usage platforms for stainless steel wire rods. Continuous increase in the demand for steel products in infrastructure and construction is anticipated to be a dominant factor contributing to the expansion of the Stainless Steel Wire Rod market. Expansion of end-user industries such as aerospace, construction and automobile are likely to be emerged out as the key drivers for expansion of this very market.

The report provides detailed qualitative and quantitative analysis of the Global Stainless Steel Wire Rod Market. Market size and forecast in terms of value and volume has been provided for the period - (2018 - 2025), for both the segments namely Stainless Steel Wire Rod thickness and application in each of the major regions. Historical market trend and data has also been provided for the period (2014 – 2017), in order to help the stakeholders better understand the market growth pattern and business opportunities.

Stainless Steel Wire Rod Market Player Analysis -

The report presents detailed analysis of major players operating in Global Stainless Steel Wire Rod Market. Few of the include Arcelormittal, EVRAZ, Gerdau, Shagang Group, NSSMC, Central Wire, Emirates Steel, Fagersta Stainless, Hebei Sakaguchi Stainless Steel, and Ivaco Rolling Mills (HEICO). A detailed coverage on these market players with information on their revenue from Stainless Steel Wire Rod business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

Global Stainless Steel Wire Rod Market is segmented on the basis of thickness, application and geography. By thickness, the market is segmented into 6mm, 8mm, 10mm, 12mm and others. On the basis of application, the market is categorized as Steel Wire, Steel Fasteners, Steel Bright Bars and Others. Country-wise coverage has been provided for each of the major regions including North America, Europe, China, Japan, Southeast Asia, India and Rest of World.

Stainless Steel Wire Rod Market Segmentation

By Thickness
   • 6mm
   • 8mm
   • 10mm
   • 12mm
   • Others

By Application
   • Steel Wire
   • Steel Fasteners
   • Steel Bright Bars
   • Others

By geography
   • United States
   • Europe
   • Japan
   • China
   • India
   • South East Asia
   • Rest of the World

Stainless Steel Wire Rod Market Key Players

• Arcelormittal
• Gerdau
• Shagang Group
• Central Wire
• Emirates Steel
• Fagersta Stainless
• Hebei Sakaguchi Stainless Steel
• Ivaco Rolling Mills (HEICO)

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