Steel Wire Market worth $124.7 Billion by 2025 - Exclusive Report by MarketsandMarkets™
CHICAGO, Jan. 15, 2021 /PRNewswire/ -- According to the new market research report " Steel Wire Market by Form (Non-rope, Rope), Type (Carbon Steel, Alloy Steel, Stainless Steel), End-use Industry (Construction, Automotive, Energy, Agriculture, Industrial), Thickness, and Region - Global Forecast to 2025", published by MarketsandMarkets,the Steel Wire Market size is expected to grow from USD 93.1 billion in 2020 to USD 124.7 billion by 2025, at a CAGR of 6.0% during the forecast period.
- CHICAGO, Jan. 15, 2021 /PRNewswire/ -- According to the new market research report " Steel Wire Market by Form (Non-rope, Rope), Type (Carbon Steel, Alloy Steel, Stainless Steel), End-use Industry (Construction, Automotive, Energy, Agriculture, Industrial), Thickness, and Region - Global Forecast to 2025", published by MarketsandMarkets,the Steel Wire Market size is expected to grow from USD 93.1 billion in 2020 to USD 124.7 billion by 2025, at a CAGR of 6.0% during the forecast period.
- Non-rope form of steel wire comprises a major share of the steel wire market in terms of value and volume.
- The region is home to some of the major steel wire manufacturers such as Kobe Steel, Tata Steel, and Nippon Steel.
- The key players in the steel wire market include ArcelorMittal (Luxembourg), Nippon Steel (Japan), JFE Steel Corporation (Japan), TATA Steel Limited (India) and Kobe Steel, Ltd. (Japan), are some of the key players in the steel wire market.