Product Code: IRTNTR75566
The stainless steel wire rods market is forecasted to grow by USD 1661.8 mn during 2023-2028, accelerating at a CAGR of 4.15% during the forecast period. The report on the stainless steel wire rods market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from construction industry, corrosion resistance and excellent mechanical properties, and growth of the automotive sector.
Technavio's stainless steel wire rods market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.81% |
CAGR | 4.15% |
Incremental Value | $1661.8 mn |
By Application
- Steel wire
- Steel fasteners
- Steel bright bars
- Others
By Product
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the strategic alliance and partnership among steel manufacturers as one of the prime reasons driving the stainless steel wire rods market growth during the next few years. Also, increased penetration in industrial applications and rising adoption of high-carbon stainless steel wire rods will lead to sizable demand in the market.
The report on the stainless steel wire rods market covers the following areas:
- Stainless steel wire rods market sizing
- Stainless steel wire rods market forecast
- Stainless steel wire rods market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading stainless steel wire rods market vendors that include Acerinox SA, Aperam SA, ArcelorMittal SA, E United Group, EVRAZ Plc, Fasten.it S r l, Gustav Wolf GmbH, HONG YUE STAINLESS STEEL Ltd., Ivaco Rolling Mills, JFE Holdings Inc., Jindal Steel and Power Ltd., JSW Group, Mirach Metallurgy Co. Ltd., Nippon Steel Corp., NV Bekaert SA, Outokumpu Oyj, POSCO holdings Inc., Shagang Group Inc., Tsingshan Holding Group Co. Ltd., and Venus Wire Industries Pvt. Ltd.. Also, the stainless steel wire rods market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Stainless Steel Wire Rods Market 2018 - 2022
- Historic Market Size - Data Table on Global Stainless Steel Wire Rods Market 2018 - 2022 ($ million)
- 4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
- 4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
- 6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 6.3 Steel wire - Market size and forecast 2023-2028
- Chart on Steel wire - Market size and forecast 2023-2028 ($ million)
- Data Table on Steel wire - Market size and forecast 2023-2028 ($ million)
- Chart on Steel wire - Year-over-year growth 2023-2028 (%)
- Data Table on Steel wire - Year-over-year growth 2023-2028 (%)
- 6.4 Steel fasteners - Market size and forecast 2023-2028
- Chart on Steel fasteners - Market size and forecast 2023-2028 ($ million)
- Data Table on Steel fasteners - Market size and forecast 2023-2028 ($ million)
- Chart on Steel fasteners - Year-over-year growth 2023-2028 (%)
- Data Table on Steel fasteners - Year-over-year growth 2023-2028 (%)
- 6.5 Steel bright bars - Market size and forecast 2023-2028
- Chart on Steel bright bars - Market size and forecast 2023-2028 ($ million)
- Data Table on Steel bright bars - Market size and forecast 2023-2028 ($ million)
- Chart on Steel bright bars - Year-over-year growth 2023-2028 (%)
- Data Table on Steel bright bars - Year-over-year growth 2023-2028 (%)
- 6.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 6.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 8 mm - Market size and forecast 2023-2028
- Chart on 8 mm - Market size and forecast 2023-2028 ($ million)
- Data Table on 8 mm - Market size and forecast 2023-2028 ($ million)
- Chart on 8 mm - Year-over-year growth 2023-2028 (%)
- Data Table on 8 mm - Year-over-year growth 2023-2028 (%)
- 10 mm - Market size and forecast 2023-2028
- Chart on 10 mm - Market size and forecast 2023-2028 ($ million)
- Data Table on 10 mm - Market size and forecast 2023-2028 ($ million)
- Chart on 10 mm - Year-over-year growth 2023-2028 (%)
- Data Table on 10 mm - Year-over-year growth 2023-2028 (%)
- 6 mm - Market size and forecast 2023-2028
- Chart on 6 mm - Market size and forecast 2023-2028 ($ million)
- Data Table on 6 mm - Market size and forecast 2023-2028 ($ million)
- Chart on 6 mm - Year-over-year growth 2023-2028 (%)
- Data Table on 6 mm - Year-over-year growth 2023-2028 (%)
- 7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.7 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.9 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.10 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Acerinox SA
- Acerinox SA - Overview
- Acerinox SA - Business segments
- Acerinox SA - Key offerings
- Acerinox SA - Segment focus
- 12.4 Aperam SA
- Aperam SA - Overview
- Aperam SA - Business segments
- Aperam SA - Key offerings
- Aperam SA - Segment focus
- 12.5 ArcelorMittal SA
- ArcelorMittal SA - Overview
- ArcelorMittal SA - Business segments
- ArcelorMittal SA - Key news
- ArcelorMittal SA - Key offerings
- ArcelorMittal SA - Segment focus
- 12.6 E United Group
- E United Group - Overview
- E United Group - Product / Service
- E United Group - Key offerings
- 12.7 EVRAZ Plc
- EVRAZ Plc - Overview
- EVRAZ Plc - Product / Service
- EVRAZ Plc - Key offerings
- 12.8 HONG YUE STAINLESS STEEL Ltd.
- HONG YUE STAINLESS STEEL Ltd. - Overview
- HONG YUE STAINLESS STEEL Ltd. - Product / Service
- HONG YUE STAINLESS STEEL Ltd. - Key offerings
- 12.9 Ivaco Rolling Mills
- Ivaco Rolling Mills - Overview
- Ivaco Rolling Mills - Product / Service
- Ivaco Rolling Mills - Key offerings
- 12.10 JFE Holdings Inc.
- JFE Holdings Inc. - Overview
- JFE Holdings Inc. - Business segments
- JFE Holdings Inc. - Key news
- JFE Holdings Inc. - Key offerings
- JFE Holdings Inc. - Segment focus
- 12.11 Jindal Steel and Power Ltd.
- Jindal Steel and Power Ltd. - Overview
- Jindal Steel and Power Ltd. - Business segments
- Jindal Steel and Power Ltd. - Key offerings
- Jindal Steel and Power Ltd. - Segment focus
- 12.12 JSW Group
- JSW Group - Overview
- JSW Group - Product / Service
- JSW Group - Key offerings
- 12.13 Mirach Metallurgy Co. Ltd.
- Mirach Metallurgy Co. Ltd. - Overview
- Mirach Metallurgy Co. Ltd. - Product / Service
- Mirach Metallurgy Co. Ltd. - Key offerings
- 12.14 Nippon Steel Corp.
- Nippon Steel Corp. - Overview
- Nippon Steel Corp. - Business segments
- Nippon Steel Corp. - Key news
- Nippon Steel Corp. - Key offerings
- Nippon Steel Corp. - Segment focus
- 12.15 Outokumpu Oyj
- Outokumpu Oyj - Overview
- Outokumpu Oyj - Business segments
- Outokumpu Oyj - Key news
- Outokumpu Oyj - Key offerings
- Outokumpu Oyj - Segment focus
- 12.16 Shagang Group Inc.
- Shagang Group Inc. - Overview
- Shagang Group Inc. - Product / Service
- Shagang Group Inc. - Key offerings
- 12.17 Venus Wire Industries Pvt. Ltd.
- Venus Wire Industries Pvt. Ltd. - Overview
- Venus Wire Industries Pvt. Ltd. - Product / Service
- Venus Wire Industries Pvt. Ltd. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations