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.
Table of Contents
1 Market Overview
- 1.1 Steel Wire Rod Product Introduction
- 1.2 Global Steel Wire Rod Market Size Forecast
- 1.2.1 Global Steel Wire Rod Sales Value (2020-2031)
- 1.2.2 Global Steel Wire Rod Sales Volume (2020-2031)
- 1.2.3 Global Steel Wire Rod Sales Price (2020-2031)
- 1.3 Steel Wire Rod Market Trends & Drivers
- 1.3.1 Steel Wire Rod Industry Trends
- 1.3.2 Steel Wire Rod Market Drivers & Opportunity
- 1.3.3 Steel Wire Rod Market Challenges
- 1.3.4 Steel Wire Rod Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Steel Wire Rod Players Revenue Market Share Ranking (2024)
- 2.2 Global Steel Wire Rod Revenue by Company (2020-2024)
- 2.3 Global Steel Wire Rod Players Sales Volume Market Share Ranking (2024)
- 2.4 Global Steel Wire Rod Sales Volume by Company Players (2020-2024)
- 2.5 Global Steel Wire Rod Average Price by Company (2020-2024)
- 2.6 Key Manufacturers Steel Wire Rod Established Date and Headquarters
- 2.7 Steel Wire Rod Market Competitive Analysis
- 2.7.1 Steel Wire Rod Market Concentration Rate (2020-2024)
- 2.7.2 Global 5 and 10 Largest Manufacturers by Steel Wire Rod Revenue in 2024
- 2.7.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Steel Wire Rod as of 2024)
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Ordinary Wire Rod
- 3.1.2 High Carbon Wire Rod
- 3.1.3 Alloy Wire Rod
- 3.2 Global Steel Wire Rod Sales Value by Type
- 3.2.1 Global Steel Wire Rod Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Steel Wire Rod Sales Value, by Type (2020-2031)
- 3.2.3 Global Steel Wire Rod Sales Value, by Type (%) (2020-2031)
- 3.3 Global Steel Wire Rod Sales Volume by Type
- 3.3.1 Global Steel Wire Rod Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Steel Wire Rod Sales Volume, by Type (2020-2031)
- 3.3.3 Global Steel Wire Rod Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Steel Wire Rod Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Construction Industry
- 4.1.2 Car Industry
- 4.1.3 Machinery Industry
- 4.1.4 Others
- 4.2 Global Steel Wire Rod Sales Value by Application
- 4.2.1 Global Steel Wire Rod Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Steel Wire Rod Sales Value, by Application (2020-2031)
- 4.2.3 Global Steel Wire Rod Sales Value, by Application (%) (2020-2031)
- 4.3 Global Steel Wire Rod Sales Volume by Application
- 4.3.1 Global Steel Wire Rod Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Steel Wire Rod Sales Volume, by Application (2020-2031)
- 4.3.3 Global Steel Wire Rod Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Steel Wire Rod Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Steel Wire Rod Sales Value by Region
- 5.1.1 Global Steel Wire Rod Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Steel Wire Rod Sales Value by Region (2020-2025)
- 5.1.3 Global Steel Wire Rod Sales Value by Region (2026-2031)
- 5.1.4 Global Steel Wire Rod Sales Value by Region (%), (2020-2031)
- 5.2 Global Steel Wire Rod Sales Volume by Region
- 5.2.1 Global Steel Wire Rod Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Steel Wire Rod Sales Volume by Region (2020-2025)
- 5.2.3 Global Steel Wire Rod Sales Volume by Region (2026-2031)
- 5.2.4 Global Steel Wire Rod Sales Volume by Region (%), (2020-2031)
- 5.3 Global Steel Wire Rod Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Steel Wire Rod Sales Value, 2020-2031
- 5.4.2 North America Steel Wire Rod Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Steel Wire Rod Sales Value, 2020-2031
- 5.5.2 Europe Steel Wire Rod Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Steel Wire Rod Sales Value, 2020-2031
- 5.6.2 Asia Pacific Steel Wire Rod Sales Value by Region (%), 2024 VS 2031
- 5.7 Laith America
- 5.7.1 Laith America Steel Wire Rod Sales Value, 2020-2031
- 5.7.2 Laith America Steel Wire Rod Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Steel Wire Rod Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Steel Wire Rod Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Steel Wire Rod Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Steel Wire Rod Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Steel Wire Rod Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Steel Wire Rod Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Steel Wire Rod Sales Volume, 2020-2031
- 6.3.2 United States Steel Wire Rod Sales Volume by Type (%), 2024 VS 2031
- 6.3.3 United States Steel Wire Rod Sales Volume by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Steel Wire Rod Sales Volume, 2020-2031
- 6.4.2 Europe Steel Wire Rod Sales Volume by Type (%), 2024 VS 2031
- 6.4.3 Europe Steel Wire Rod Sales Volume by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Steel Wire Rod Sales Volume, 2020-2031
- 6.5.2 China Steel Wire Rod Sales Volume by Type (%), 2024 VS 2031
- 6.5.3 China Steel Wire Rod Sales Volume by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Steel Wire Rod Sales Volume, 2020-2031
- 6.6.2 Japan Steel Wire Rod Sales Volume by Type (%), 2024 VS 2031
- 6.6.3 Japan Steel Wire Rod Sales Volume by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Steel Wire Rod Sales Volume, 2020-2031
- 6.7.2 South Korea Steel Wire Rod Sales Volume by Type (%), 2024 VS 2031
- 6.7.3 South Korea Steel Wire Rod Sales Volume by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Steel Wire Rod Sales Volume, 2020-2031
- 6.8.2 Southeast Asia Steel Wire Rod Sales Volume by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Steel Wire Rod Sales Volume by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Steel Wire Rod Sales Volume, 2020-2031
- 6.9.2 India Steel Wire Rod Sales Volume by Type (%), 2024 VS 2031
- 6.9.3 India Steel Wire Rod Sales Volume by Application, 2024 VS 2031
7 Company Profiles
- 7.1 ArcelorMittal
- 7.1.1 ArcelorMittal Company Information
- 7.1.2 ArcelorMittal Introduction and Business Overview
- 7.1.3 ArcelorMittal Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.1.4 ArcelorMittal Steel Wire Rod Product Offerings
- 7.2 Shagang Group
- 7.2.1 Shagang Group Company Information
- 7.2.2 Shagang Group Introduction and Business Overview
- 7.2.3 Shagang Group Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.2.4 Shagang Group Steel Wire Rod Product Offerings
- 7.3 Nippon Steel
- 7.3.1 Nippon Steel Company Information
- 7.3.2 Nippon Steel Introduction and Business Overview
- 7.3.3 Nippon Steel Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.3.4 Nippon Steel Steel Wire Rod Product Offerings
- 7.4 Citic Pacific Special Steel
- 7.4.1 Citic Pacific Special Steel Company Information
- 7.4.2 Citic Pacific Special Steel Introduction and Business Overview
- 7.4.3 Citic Pacific Special Steel Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.4.4 Citic Pacific Special Steel Steel Wire Rod Product Offerings
- 7.5 Zenith Steel Group
- 7.5.1 Zenith Steel Group Company Information
- 7.5.2 Zenith Steel Group Introduction and Business Overview
- 7.5.3 Zenith Steel Group Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.5.4 Zenith Steel Group Steel Wire Rod Product Offerings
- 7.6 JIANGSU YONGGANG
- 7.6.1 JIANGSU YONGGANG Company Information
- 7.6.2 JIANGSU YONGGANG Introduction and Business Overview
- 7.6.3 JIANGSU YONGGANG Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.6.4 JIANGSU YONGGANG Steel Wire Rod Product Offerings
- 7.7 Sansteel Minguang
- 7.7.1 Sansteel Minguang Company Information
- 7.7.2 Sansteel Minguang Introduction and Business Overview
- 7.7.3 Sansteel Minguang Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.7.4 Sansteel Minguang Steel Wire Rod Product Offerings
- 7.8 POSCO
- 7.8.1 POSCO Company Information
- 7.8.2 POSCO Introduction and Business Overview
- 7.8.3 POSCO Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.8.4 POSCO Steel Wire Rod Product Offerings
- 7.9 BX Steel
- 7.9.1 BX Steel Company Information
- 7.9.2 BX Steel Introduction and Business Overview
- 7.9.3 BX Steel Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.9.4 BX Steel Steel Wire Rod Product Offerings
- 7.10 Baosteel
- 7.10.1 Baosteel Company Information
- 7.10.2 Baosteel Introduction and Business Overview
- 7.10.3 Baosteel Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.10.4 Baosteel Steel Wire Rod Product Offerings
- 7.11 HBIS
- 7.11.1 HBIS Company Information
- 7.11.2 HBIS Introduction and Business Overview
- 7.11.3 HBIS Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.11.4 HBIS Steel Wire Rod Product Offerings
- 7.12 Bao Gang
- 7.12.1 Bao Gang Company Information
- 7.12.2 Bao Gang Introduction and Business Overview
- 7.12.3 Bao Gang Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.12.4 Bao Gang Steel Wire Rod Product Offerings
- 7.13 Fangda Special Steel
- 7.13.1 Fangda Special Steel Company Information
- 7.13.2 Fangda Special Steel Introduction and Business Overview
- 7.13.3 Fangda Special Steel Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.13.4 Fangda Special Steel Steel Wire Rod Product Offerings
- 7.14 Lingyuan Iron and Steel
- 7.14.1 Lingyuan Iron and Steel Company Information
- 7.14.2 Lingyuan Iron and Steel Introduction and Business Overview
- 7.14.3 Lingyuan Iron and Steel Steel Wire Rod Sales, Revenue, Price and Gross Margin (2020-2024)
- 7.14.4 Lingyuan Iron and Steel Steel Wire Rod Product Offerings
8 Industry Chain Analysis
- 8.1 Steel Wire Rod Industrial Chain
- 8.2 Steel Wire Rod Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Steel Wire Rod Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Steel Wire Rod Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.2 Data Source
- 10.2 Author Details
- 10.3 Disclaimer 109