Steel Wire Rod Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Steel Wire Rod Market size is expected to grow at an annual average of 3% during 2021-2027. Steel Wire Rod is a semi-finished product that is rolled from a steel billet and used to manufacture wire. This wire rod is made of coils. Coils are secured with wire or using a strapping band. They are usually sold rolled up. Users can prepare wire rods by cleaning and coating or heating for further processing.

The following segmentation are covered in this report:

By Application

• Elevator
• Port Cranes
• Mechanical Equipment
• Automotive Components

By Type

• 6mm
• 8mm
• 10mm
• Others

Company Profile

• ArcelorMittal
• EVRAZ
• Gerdau
• SHAGANG GROUP
• NSSMC

Scope of the report

The research study analyses the Steel Wire Rod Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Steel Wire Rod Market Report

• What was the Steel Wire Rod Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Steel Wire Rod Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.