Global Steel Wire Rod Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Steel Wire Rod market size will reach 120,125 Million USD in 2025 and is projected to reach 149,962 Million USD by 2032, with a CAGR of 3.22% (2025-2032). Notably, the China Steel Wire Rod market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Steel wire rod, also known simply as wire rod, is a semi-finished product made from hot-rolled steel billets or blooms. It is typically a long, cylindrical metal bar with a diameter ranging from 5.5 to 22 millimeters. Steel wire rod is primarily used as a raw material in the manufacturing of various steel products, including wire, nails, screws, springs, and reinforcement bars. It serves as the starting material for wire drawing processes, where it is drawn through dies to reduce its diameter and produce steel wire of different gauges and sizes. Steel wire rod is produced to meet specific mechanical and chemical properties required for its intended applications, and it undergoes various quality control measures during manufacturing to ensure consistent and reliable performance in downstream processes.
The major global manufacturers of Steel Wire Rod include Yonggang, Zhongtian, Citic Steel, Sangang Minguang, Benxi Beitai, Xingtai Steel, Shajing Steel, Baogang, Yingkou Zhongban, Rongsheng, Hegang, Songshan, Hongchang Gaoxian, Fangda Steel, Wenan Steel, Runzhong Steel, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Steel Wire Rod. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Steel Wire Rod market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Steel Wire Rod market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Steel Wire Rod industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Steel Wire Rod Include:
Yonggang
Zhongtian
Citic Steel
Sangang Minguang
Benxi Beitai
Xingtai Steel
Shajing Steel
Baogang
Yingkou Zhongban
Rongsheng
Hegang
Songshan
Hongchang Gaoxian
Fangda Steel
Wenan Steel
Runzhong Steel
Steel Wire Rod Product Segment Include:
Ordinary Wire Rod
High Carbon Wire Rod
Alloy Wire Rod
Steel Wire Rod Product Application Include:
Construction Industry
Car Industry
Machinery Industry
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Steel Wire Rod Capacity and Production Analysis
Chapter 3: Global Steel Wire Rod Industry PESTEL Analysis
Chapter 4: Global Steel Wire Rod Industry Porter's Five Forces Analysis
Chapter 5: Global Steel Wire Rod Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Steel Wire Rod Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Steel Wire Rod Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Steel Wire Rod Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Steel Wire Rod market size will reach 120,125 Million USD in 2025 and is projected to reach 149,962 Million USD by 2032, with a CAGR of 3.22% (2025-2032). Notably, the China Steel Wire Rod market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Steel wire rod, also known simply as wire rod, is a semi-finished product made from hot-rolled steel billets or blooms. It is typically a long, cylindrical metal bar with a diameter ranging from 5.5 to 22 millimeters. Steel wire rod is primarily used as a raw material in the manufacturing of various steel products, including wire, nails, screws, springs, and reinforcement bars. It serves as the starting material for wire drawing processes, where it is drawn through dies to reduce its diameter and produce steel wire of different gauges and sizes. Steel wire rod is produced to meet specific mechanical and chemical properties required for its intended applications, and it undergoes various quality control measures during manufacturing to ensure consistent and reliable performance in downstream processes.
The major global manufacturers of Steel Wire Rod include Yonggang, Zhongtian, Citic Steel, Sangang Minguang, Benxi Beitai, Xingtai Steel, Shajing Steel, Baogang, Yingkou Zhongban, Rongsheng, Hegang, Songshan, Hongchang Gaoxian, Fangda Steel, Wenan Steel, Runzhong Steel, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Steel Wire Rod. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Steel Wire Rod market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Steel Wire Rod market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Steel Wire Rod industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Steel Wire Rod Include:
Yonggang
Zhongtian
Citic Steel
Sangang Minguang
Benxi Beitai
Xingtai Steel
Shajing Steel
Baogang
Yingkou Zhongban
Rongsheng
Hegang
Songshan
Hongchang Gaoxian
Fangda Steel
Wenan Steel
Runzhong Steel
Steel Wire Rod Product Segment Include:
Ordinary Wire Rod
High Carbon Wire Rod
Alloy Wire Rod
Steel Wire Rod Product Application Include:
Construction Industry
Car Industry
Machinery Industry
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Steel Wire Rod Capacity and Production Analysis
Chapter 3: Global Steel Wire Rod Industry PESTEL Analysis
Chapter 4: Global Steel Wire Rod Industry Porter's Five Forces Analysis
Chapter 5: Global Steel Wire Rod Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Steel Wire Rod Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Steel Wire Rod Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Steel Wire Rod Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Steel Wire Rod Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Steel Wire Rod Product by Type
- 1.2.1 Ordinary Wire Rod
- 1.2.2 High Carbon Wire Rod
- 1.2.3 Alloy Wire Rod
- 1.3 Steel Wire Rod Product by Application
- 1.3.1 Construction Industry
- 1.3.2 Car Industry
- 1.3.3 Machinery Industry
- 1.4 Global Steel Wire Rod Market Revenue and Sales Analysis
- 1.4.1 Global Steel Wire Rod Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Steel Wire Rod Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Steel Wire Rod Market Sales Price Trend Analysis (2020-2032)
- 1.5 Steel Wire Rod Market Development Status and Trends
- 1.5.1 Steel Wire Rod Industry Development Status Analysis
- 1.5.2 Steel Wire Rod Industry Development Trends Analysis
- 2 Global Steel Wire Rod Capacity and Production Analysis
- 2.1 Global Steel Wire Rod Capacity, Production and Utilization (2020-2032)
- 2.2 Global Steel Wire Rod Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Steel Wire Rod Production by Region
- 2.3.1 Global Steel Wire Rod Production by Region (2020-2025)
- 2.3.2 Global Steel Wire Rod Production Forecast by Region (2026-2032)
- 2.3.3 Global Steel Wire Rod Production Market Share by Region (2020-2032)
- 3 Steel Wire Rod Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Steel Wire Rod Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Steel Wire Rod Market Analysis by Country
- 5.1 Global Steel Wire Rod Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Steel Wire Rod Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Steel Wire Rod Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Steel Wire Rod Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Steel Wire Rod Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Steel Wire Rod Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Steel Wire Rod Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Steel Wire Rod Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Steel Wire Rod Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Steel Wire Rod Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Steel Wire Rod Average Sales Price by Manufacturers (2021-2025)
- 6.2 Steel Wire Rod Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Steel Wire Rod Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Steel Wire Rod Market Analysis by Type
- 7.1 Global Steel Wire Rod Market Revenue Analysis by Type
- 7.1.1 Global Steel Wire Rod Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Steel Wire Rod Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Steel Wire Rod Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Steel Wire Rod Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 Yonggang
- 8.1.1 Yonggang Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 Yonggang Steel Wire Rod Product Portfolio
- 8.1.3 Yonggang Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 Zhongtian
- 8.2.1 Zhongtian Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 Zhongtian Steel Wire Rod Product Portfolio
- 8.2.3 Zhongtian Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 Citic Steel
- 8.3.1 Citic Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 Citic Steel Steel Wire Rod Product Portfolio
- 8.3.3 Citic Steel Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Sangang Minguang
- 8.4.1 Sangang Minguang Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Sangang Minguang Steel Wire Rod Product Portfolio
- 8.4.3 Sangang Minguang Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 Benxi Beitai
- 8.5.1 Benxi Beitai Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 Benxi Beitai Steel Wire Rod Product Portfolio
- 8.5.3 Benxi Beitai Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.6 Xingtai Steel
- 8.6.1 Xingtai Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.6.2 Xingtai Steel Steel Wire Rod Product Portfolio
- 8.6.3 Xingtai Steel Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.7 Shajing Steel
- 8.7.1 Shajing Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.7.2 Shajing Steel Steel Wire Rod Product Portfolio
- 8.7.3 Shajing Steel Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.8 Baogang
- 8.8.1 Baogang Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.8.2 Baogang Steel Wire Rod Product Portfolio
- 8.8.3 Baogang Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.9 Yingkou Zhongban
- 8.9.1 Yingkou Zhongban Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.9.2 Yingkou Zhongban Steel Wire Rod Product Portfolio
- 8.9.3 Yingkou Zhongban Steel Wire Rod Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.10 Rongsheng
- 8.10.1 Rongsheng Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.10.2 Rongsheng Steel Wire Rod Product Portfoli
Pricing
Currency Rates
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