The Market Reports

Synopsis
The global market for Galvanised Steel Wire was estimated to be worth US$ 1874 million in 2024 and is forecast to a readjusted size of US$ 2873 million by 2031 with a CAGR of 6.5% during the forecast period 2025-2031.
Galvanized steel wire is made by drawing high-quality carbon structural steel such as 45#, 65#, 70#, 80#, 90#, and then heat treating and galvanizing. It is mainly used for the manufacture of galvanized steel wire mesh, construction engineering, springs, and various steel wire ropes. According to different uses and processing methods, galvanized steel wire can be divided into hot-dip, electroplating, mechanical plating, cold plating and other types. At present, there are two methods for galvanizing steel wire: multi-line continuous hot-dip and electroplating. Electrogalvanizing is obtained by applying an external power source and using electrodeposition to obtain a coating. The obtained coating is composed of fine pure zinc grains. Hot-dip galvanizing relies on physical thermal diffusion to form a coating. First, an iron-zinc compound is formed, and then a pure zinc layer is generated on the surface of the iron-zinc compound. Hot-dip galvanizing will reduce the mechanical properties of the steel wire. Galvanized steel wire ropes that require high strength and high corrosion resistance are mostly twisted with electrogalvanized steel wire. The mainstream products on the market include galvanized steel wire heat-treated state, galvanized steel wire drawn state, micro rope, etc.
As an important building material, the market demand for galvanized steel wire is affected by many factors, including infrastructure construction, real estate development, and the demand for power cables. In recent years, with the continuous increase in electricity consumption in the whole society and the acceleration of the construction of smart grids, the demand for power cables has also increased, which in turn has led to an increase in the market output of galvanized steel wire. In addition, the development of the galvanized steel wire industry is also affected by factors such as technological progress and increased environmental protection requirements, which have prompted the industry to optimize and upgrade its structure, especially the rapid development in new energy, environmental protection, high-end manufacturing and other fields, which has brought new market opportunities to the galvanized steel wire industry.
This report aims to provide a comprehensive presentation of the global market for Galvanised Steel Wire, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Galvanised Steel Wire by region & country, by Type, and by Application.
The Galvanised Steel Wire market size, estimations, and forecasts are provided in terms of sales volume (K MT) 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 Galvanised Steel Wire.
Market Segmentation
By Company
Bekaert SA
ArcelorMittal
The Heico Companies
Hengxing Science & Technology
Shandong Jingwei Steel Cord
Xinghua Metal Products
Guanming Power Transmission Material
HeBei ZhiDaWeiYe Commlinications Equipment Co., Ltd
Tianjin Quanyou Steel Rope Co.,LTD
Si Chuan Donggang New Materials Co., Ltd.
King Steel Corporation
Segment by Type
Electrogalvanized Steel Wire
Hot-dip Galvanized Steel Wire
Others
Segment by Application
Electricity and Communications
Wire Mesh Fence
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
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, 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 Galvanised Steel Wire 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 Galvanised Steel Wire 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 Galvanised Steel Wire 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.

Index