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  • Writer's picturemegha chitare

Wire Rods Market, Global Outlook and Forecast 2023–2030

The global Wire Rods market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Wire rods are hot rolled and steel products manufactured from raw material known as billet. These wire rods undergo long processing such as heat treatment and wire drawing to take the end-product shape.

This report aims to provide a comprehensive presentation of the global market for Wire Rods, 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 Wire Rods. This report contains market size and forecasts of Wire Rods in global, including the following market information:

  • Global Wire Rods Market Revenue, 2018–2023, 2024–2030, ($ millions)

  • Global Wire Rods Market Sales, 2018–2023, 2024–2030, (K MT)

  • Global top five Wire Rods companies in 2022 (%)

Rising construction activities and infrastructural development drives the sales of different types of wire rods. Increasing production of industrial fasteners calls for higher production of wire rods.

We surveyed the Wire Rods manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Wire Rods Market, by Type, 2018–2023, 2024–2030 ($ Millions) & (K MT)

Global Wire Rods Market Segment Percentages, by Type, 2022 (%)

  • Electrical

  • Mechanical

Global Wire Rods Market, by Application, 2018–2023, 2024–2030 ($ Millions) & (K MT)

Global Wire Rods Market Segment Percentages, by Application, 2022 (%)

  • Automotive

  • Construction

  • Industrial

  • Machinery & Equipment

  • Others

Global Wire Rods Market, By Region and Country, 2018–2023, 2024–2030 ($ Millions) & (K MT)

Global Wire Rods Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Wire Rods revenues in global market, 2018–2023 (Estimated), ($ millions)

  • Key companies Wire Rods revenues share in global market, 2022 (%)

  • Key companies Wire Rods sales in global market, 2018–2023 (Estimated), (K MT)

  • Key companies Wire Rods sales share in global market, 2022 (%)

key players include:

  • Kaiser Aluminium

  • Baotou Aluminium

  • Vimetco

  • Rusal

  • ArcelorMittal

  • Southwire

  • Norsk Hydro

  • Vedanta

  • Ducab Aluminium

  • Shagang Group

  • EVRAZ PLC

  • Metalurgica Gerdau

  • Fagersta Stainless

Outline of Major Chapters:

Chapter 1: Introduces the definition of Wire Rods, market overview.

Chapter 2: Global Wire Rods market size in revenue and volume.

Chapter 3: Detailed analysis of Wire Rods manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: 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 6: Sales of Wire Rods in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

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: Global Wire Rods capacity by region & country.

Chapter 9: Introduces 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 Wire Rods Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Wire Rods Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Wire Rods Overall Market Size 2.1 Global Wire Rods Market Size: 2022 VS 2030 2.2 Global Wire Rods Revenue, Prospects & Forecasts: 2018–2030 2.3 Global Wire Rods Sales: 2018–2030 3 Company Landscape 3.1 Top Wire Rods Players in Global Market 3.2 Top Global Wire Rods Companies Ranked by Revenue 3.3 Global Wire Rods Revenue by Companies 3.4 Global Wire Rods Sales by Companies 3.5 Global Wire Rods Price by Manufacturer (2018–2023) 3.6 Top 3 and Top 5 Wire Rods Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Wire Rods Product Type 3.8 Tier 1, Tier 2 and Tier 3 Wire Rods Players in Global Market 3.8.1 List of Global Tier 1 Wire Rods Companies 3.8.2 List of Global Tier 2 and Tier 3 Wire Rods Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type — Global Wire Rods Market Size Markets, 2022 & 2030 4.1.2 Electrical 4.1.3 Mechanical 4.2 By Type — Global Wire Rods Revenue & Forecasts 4.2.1 By Type

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