Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Galvanized Steel Wire Market by Type (Electro-galvanizing Steel wire, Hot-dip galvanized steel wire), By Application (Power distribution network, Bridge, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Galvanized Steel Wire Market by Type (Electro-galvanizing Steel wire, Hot-dip galvanized steel wire), By Application (Power distribution network, Bridge, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144516 3300 Chemical & Material 377 249 Pages 4.7 (34)
                                          

Market Overview:


The global galvanized steel wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for galvanized steel wire in various applications, such as power distribution network, bridge, and others. In terms of type, electro-galvanizing steel wire is expected to hold a major share of the market during the forecast period. However, hot-dip galvanized steel wire is projected to grow at a higher CAGR than electro-galvanizing steel wire during the forecast period.


Global Galvanized Steel Wire Industry Outlook


Product Definition:


Galvanized steel wire is a type of steel wire that has been coated in zinc. This coating helps to protect the wire from corrosion, making it a better choice for applications where exposure to the elements is likely. Galvanized steel wire is often used in fencing, construction, and other applications where durability is important.


Electro-galvanizing Steel wire:


Electro-galvanizing steel wire is a special type of galvanizing which utilizes electricity as the predominant factor for the process. The most important aspect of this process is that there is no need for an electrolyte in this case, since electricity acts as both an electrode and a cathode at the same time. This eliminates one of the major problems associated with conventional galvanization methods, i.e.


Hot-dip galvanized steel wire:


Hot-dip galvanized steel wire is a special type of galvanized steel wire used in the manufacturing of coated or uncoated Galvanized Steel Wire. It has high resistance to corrosion and also provides excellent electrical properties such as high tensile strength, flexibility, and good insulation properties. The product finds application in various end-use industries including construction, automotive & transportation, oil & gas sector among others owing to its superior characteristics.


Application Insights:


The power distribution network segment led the global galvanized steel wire market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electricity generation, transmission & distribution across urban areas coupled with growing investments by governments in infrastructure development is expected to drive demand over the coming years.


Bridge was the second largest application segment accounting for a revenue share of 21.3% in 2017 owing to rising construction activities across various regions including Asia Pacific and Middle East & Africa on account of increasing population coupled with industrialization & urbanization has resulted in increased need for bridges which is anticipated to further fuel industry growth over the coming years.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of volume owing to increasing demand from end-use industries, such as construction, power distribution network and others. Increasing infrastructure investment coupled with rising industrialization across emerging economies including India, China and Indonesia is projected to drive the regional market growth over the forecast period.


The Asia Pacific was followed by Europe which accounted for a share of more than 20% in terms of revenue owing to high product demand from countries including Germany, France Italy and U.K., where major galvanized steel wire manufacturers have their manufacturing facilities based.


Growth Factors:


  • Increasing demand from construction and automotive industries
  • Rising demand for galvanized steel wire in developing countries
  • Technological advancements in galvanizing process
  • Growing popularity of stainless steel wire substitutes
  • Stringent government regulations for environment protection

Scope Of The Report

Report Attributes

Report Details

Report Title

Galvanized Steel Wire Market Research Report

By Type

Electro-galvanizing Steel wire, Hot-dip galvanized steel wire

By Application

Power distribution network, Bridge, Other

By Companies

Davis, Artsons, Seal Wire, King Steel Corporation, Hua Yuan, TianZe, Shanxi Broadwire, HF-WIRE, TianYang, Yicheng, Hongli, Antong, Zhida, Yili

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

249

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Galvanized Steel Wire Market Report Segments:

The global Galvanized Steel Wire market is segmented on the basis of:

Types

Electro-galvanizing Steel wire, Hot-dip galvanized steel wire

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Power distribution network, Bridge, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Davis
  2. Artsons
  3. Seal Wire
  4. King Steel Corporation
  5. Hua Yuan
  6. TianZe
  7. Shanxi Broadwire
  8. HF-WIRE
  9. TianYang
  10. Yicheng
  11. Hongli
  12. Antong
  13. Zhida
  14. Yili

Global Galvanized Steel Wire Market Overview


Highlights of The Galvanized Steel Wire Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Electro-galvanizing Steel wire
    2. Hot-dip galvanized steel wire
  1. By Application:

    1. Power distribution network
    2. Bridge
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Galvanized Steel Wire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Galvanized Steel Wire Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Galvanized steel wire is a type of wire that has been coated with a layer of galvanizing metal. This makes the wire more resistant to corrosion and makes it easier to handle.

Some of the major companies in the galvanized steel wire market are Davis, Artsons, Seal Wire, King Steel Corporation, Hua Yuan, TianZe, Shanxi Broadwire, HF-WIRE, TianYang, Yicheng, Hongli, Antong, Zhida, Yili.

The galvanized steel wire market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Galvanized Steel Wire Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Galvanized Steel Wire Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Galvanized Steel Wire Market - Supply Chain
   4.5. Global Galvanized Steel Wire Market Forecast
      4.5.1. Galvanized Steel Wire Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Galvanized Steel Wire Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Galvanized Steel Wire Market Absolute $ Opportunity

5. Global Galvanized Steel Wire Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Galvanized Steel Wire Market Size and Volume Forecast by Type
      5.3.1. Electro-galvanizing Steel wire
      5.3.2. Hot-dip galvanized steel wire
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Galvanized Steel Wire Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Galvanized Steel Wire Market Size and Volume Forecast by Application
      6.3.1. Power distribution network
      6.3.2. Bridge
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Galvanized Steel Wire Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Galvanized Steel Wire Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Galvanized Steel Wire Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Galvanized Steel Wire Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Galvanized Steel Wire Demand Share Forecast, 2019-2026

9. North America Galvanized Steel Wire Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Galvanized Steel Wire Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Galvanized Steel Wire Market Size and Volume Forecast by Application
      9.4.1. Power distribution network
      9.4.2. Bridge
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Galvanized Steel Wire Market Size and Volume Forecast by Type
      9.7.1. Electro-galvanizing Steel wire
      9.7.2. Hot-dip galvanized steel wire
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Galvanized Steel Wire Demand Share Forecast, 2019-2026

10. Latin America Galvanized Steel Wire Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Galvanized Steel Wire Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Galvanized Steel Wire Market Size and Volume Forecast by Application
      10.4.1. Power distribution network
      10.4.2. Bridge
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Galvanized Steel Wire Market Size and Volume Forecast by Type
      10.7.1. Electro-galvanizing Steel wire
      10.7.2. Hot-dip galvanized steel wire
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Galvanized Steel Wire Demand Share Forecast, 2019-2026

11. Europe Galvanized Steel Wire Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Galvanized Steel Wire Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Galvanized Steel Wire Market Size and Volume Forecast by Application
      11.4.1. Power distribution network
      11.4.2. Bridge
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Galvanized Steel Wire Market Size and Volume Forecast by Type
      11.7.1. Electro-galvanizing Steel wire
      11.7.2. Hot-dip galvanized steel wire
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Galvanized Steel Wire Demand Share, 2019-2026

12. Asia Pacific Galvanized Steel Wire Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Galvanized Steel Wire Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Galvanized Steel Wire Market Size and Volume Forecast by Application
      12.4.1. Power distribution network
      12.4.2. Bridge
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Galvanized Steel Wire Market Size and Volume Forecast by Type
      12.7.1. Electro-galvanizing Steel wire
      12.7.2. Hot-dip galvanized steel wire
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Galvanized Steel Wire Demand Share, 2019-2026

13. Middle East & Africa Galvanized Steel Wire Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Galvanized Steel Wire Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Galvanized Steel Wire Market Size and Volume Forecast by Application
      13.4.1. Power distribution network
      13.4.2. Bridge
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Galvanized Steel Wire Market Size and Volume Forecast by Type
      13.7.1. Electro-galvanizing Steel wire
      13.7.2. Hot-dip galvanized steel wire
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Galvanized Steel Wire Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Galvanized Steel Wire Market: Market Share Analysis
   14.2. Galvanized Steel Wire Distributors and Customers
   14.3. Galvanized Steel Wire Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Davis
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Artsons
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Seal Wire
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. King Steel Corporation
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Hua Yuan
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. TianZe
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Shanxi Broadwire
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. HF-WIRE
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. TianYang
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Yicheng
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Hongli
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Antong
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Zhida
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Yili
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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