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Global Galvanised Steel Wire for Cable Armouring Market Growth 2026-2032

Published Jan 02, 2025
Length 103 Pages
SKU # LPI20692125

Description

The global Galvanised Steel Wire for Cable Armouring market size is predicted to grow from US$ 892 million in 2025 to US$ 1263 million in 2032; it is expected to grow at a CAGR of 5.2% from 2026 to 2032.

In 2025, global Galvanised Steel Wire for Cable Armouring production reached approximately 1,970 k tons, with an average global market price of around US$463 per ton. Galvanised steel wire for cable armouring is a high - strength wire with a zinc-coated surface, typically made from carbon-steel, which is either woven or spirally wound around the cable's insulation core to provide mechanical protection against crushing and piercing, as well as electromagnetic shielding and corrosion resistance due to the zinc coating.

The global market for galvanized steel wire for cable armouring is developing steadily, driven by investments in power grid construction, energy development, and infrastructure. Currently, the rapid expansion and intelligent upgrading of ultra-high voltage power grids serve as a core growth engine. In terms of product types, it mainly includes low-carbon and high-carbon steel wires. Key application areas are infrastructure, oil and gas extraction, and power and communication cables.

Clear market trends are emerging. Firstly, the global energy transition presents a significant opportunity. The large-scale construction of renewable energy projects like wind and solar farms, along with the corresponding grid integration needs, provides sustained demand for galvanized steel wire. Secondly, emerging markets, particularly in the Asia-Pacific region, are generating strong demand due to rapid industrialization and urbanization. Furthermore, technological advancement is trending towards lighter weight, higher strength, and better corrosion resistance. The digital and intelligent transformation of manufacturing processes is also a distinct trend.

However, the market faces challenges. Fluctuations in the price of raw materials like steel directly impact manufacturing costs. Meanwhile, increasingly stringent environmental regulations may raise production expenses. The stability of the global supply chain also poses a potential risk.

LP Information, Inc. (LPI) ' newest research report, the “Galvanised Steel Wire for Cable Armouring Industry Forecast” looks at past sales and reviews total world Galvanised Steel Wire for Cable Armouring sales in 2025, providing a comprehensive analysis by region and market sector of projected Galvanised Steel Wire for Cable Armouring sales for 2026 through 2032. With Galvanised Steel Wire for Cable Armouring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Galvanised Steel Wire for Cable Armouring industry.

This Insight Report provides a comprehensive analysis of the global Galvanised Steel Wire for Cable Armouring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Galvanised Steel Wire for Cable Armouring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Galvanised Steel Wire for Cable Armouring market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Galvanised Steel Wire for Cable Armouring and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Galvanised Steel Wire for Cable Armouring.

This report presents a comprehensive overview, market shares, and growth opportunities of Galvanised Steel Wire for Cable Armouring market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Low Carbon Steel Wire

High Carbon Steel Wire

Segmentation by Diameter:

Diameter <2mm

Diameter 2-5mm

Diameter >5mm

Segmentation by Surface Treatment:

Hot-dip Galvanizing

Electro-Galvanizing

Segmentation by Application:

Infrastructure

Oil and Gas

Power and Communications Cables

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Bekaert

ArcelorMittal

Bansal Wire

Fasten Group

Tianjin Huayuan Wire Products

Anbao Corp.

Golik Holdings

Systematic

HD Wire

Zhejiang Wansheng Yunhe Steel Cable

Key Questions Addressed in this Report

What is the 10-year outlook for the global Galvanised Steel Wire for Cable Armouring market?

What factors are driving Galvanised Steel Wire for Cable Armouring market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Galvanised Steel Wire for Cable Armouring market opportunities vary by end market size?

How does Galvanised Steel Wire for Cable Armouring break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

103 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Galvanised Steel Wire for Cable Armouring by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Galvanised Steel Wire for Cable Armouring by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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