Market Overview:
The global hot galvanized iron 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 wire in various applications, such as woven wire mesh, fencing mesh, binding wire, handicrafts and others. In terms of region, North America is expected to lead the global hot galvanized iron wire market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Hot galvanized iron wire is a kind of steel wire with hot-dip galvanizing. It is also called electric galvanized iron wire. The zinc coat protects the steel from rusting.
Hot-dip galvanizing is a process of coating metal with a thin layer of zinc by immersing it in molten zinc at a temperature of around 450 degrees Celsius.
Diameter 0.5 to 1 mm:
Diameter 0.5 to 1 mm, it's usage and growth factor in Hot Galvanized Iron Wire market? Diameter 0.5 to 1 mm, it's usage.
Galvanization is a coating process wherein zinc coating is applied on the surface of steel or iron by the means of hot galvanizing irons which are coated with an electrolyte solution.
Diameter 1 to 2 mm:
Diameter 1 to 2 mm is a range of hot-dipped galvanized iron wire. It has thin gauge and is used in the construction industry for electrical wires owing to its high tensile strength, flexibility, and durability. The product also provides resistance from corrosion due to chloride water as it is resistant to oxidation and low in moisture content.
Application Insights:
The other application segment includes furniture, decorative items and appliances. The demand for the product in this segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to its ability to withstand extreme corrosion resistance and high strength compared with other materials such as steel and aluminum.
The fencing mesh segment accounted for the largest revenue share in 2017 due to rising demand from construction, mining, automotive industries among others at domestic level.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to witness significant growth over the forecast period owing to rising construction activities and infrastructure development. In addition, rapid industrialization coupled with increasing foreign investments is anticipated to drive demand for hot-dipped galvanized iron wire from major applications such as fencing, woven wire mesh, binding wire and handicrafts in Asia Pacific.
The Middle East & Africa region accounted for a share of more than 10% in 2017 on account of rising construction activities mainly driven by oil & gas industry expansion projects across various countries including Saudi Arabia, UAE and Iran. In addition, growing tourism sector has led to an increase in hotel construction projects which will propel product demand further over the coming years.
Growth Factors:
- Increasing demand from construction and automotive industries
- Growing urbanization and industrialization in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in wire manufacturing process
- Stringent government regulations for use of galvanized iron wire
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Galvanized Iron Wire Market Research Report
By Type
Diameter 0.5 to 1 mm, Diameter 1 to 2 mm, Diameter 2 to 4 mm
By Application
Woven Wire Mesh, Fencing Mesh, Binding Wire, Handicrafts, Other
By Companies
Bekaert, Tata Wiron, Tianze Metal Products, Nichia Steel, Tecnofil, WDI, Tree Island Steel, Anping Dongming Wiremesh, Hankuk Steel Wire, Sheng Sen Wire Mesh, Bekaert, WIRE TECHNO, Galvart Japan Company, NS Hokkai Seisen, Davis Wire, Weibo Industry and Trade
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Hot Galvanized Iron Wire Market Report Segments:
The global Hot Galvanized Iron Wire market is segmented on the basis of:
Types
Diameter 0.5 to 1 mm, Diameter 1 to 2 mm, Diameter 2 to 4 mm
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
Woven Wire Mesh, Fencing Mesh, Binding Wire, Handicrafts, 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:
- Bekaert
- Tata Wiron
- Tianze Metal Products
- Nichia Steel
- Tecnofil
- WDI
- Tree Island Steel
- Anping Dongming Wiremesh
- Hankuk Steel Wire
- Sheng Sen Wire Mesh
- Bekaert
- WIRE TECHNO
- Galvart Japan Company
- NS Hokkai Seisen
- Davis Wire
- Weibo Industry and Trade
Highlights of The Hot Galvanized Iron Wire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diameter 0.5 to 1 mm
- Diameter 1 to 2 mm
- Diameter 2 to 4 mm
- By Application:
- Woven Wire Mesh
- Fencing Mesh
- Binding Wire
- Handicrafts
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hot Galvanized Iron 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.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hot galvanized iron wire is a type of wire that has been heated to a high temperature and then coated with a layer of zinc. This coating makes the wire resistant to corrosion and makes it ideal for use in applications where protection from moisture and weather is important, such as roofing, fencing, and outdoor signs.
Some of the major companies in the hot galvanized iron wire market are Bekaert, Tata Wiron, Tianze Metal Products, Nichia Steel, Tecnofil, WDI, Tree Island Steel, Anping Dongming Wiremesh, Hankuk Steel Wire, Sheng Sen Wire Mesh, Bekaert, WIRE TECHNO, Galvart Japan Company, NS Hokkai Seisen, Davis Wire, Weibo Industry and Trade.
The hot galvanized iron wire market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hot Galvanized Iron Wire Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hot Galvanized Iron Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Galvanized Iron Wire Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hot Galvanized Iron Wire Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hot Galvanized Iron Wire Market Size & Forecast, 2018-2028
4.5.1 Hot Galvanized Iron Wire Market Size and Y-o-Y Growth
4.5.2 Hot Galvanized Iron Wire Market Absolute $ Opportunity
Chapter 5 Global Hot Galvanized Iron Wire Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hot Galvanized Iron Wire Market Size Forecast by Type
5.2.1 Diameter 0.5 to 1 mm
5.2.2 Diameter 1 to 2 mm
5.2.3 Diameter 2 to 4 mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hot Galvanized Iron Wire Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hot Galvanized Iron Wire Market Size Forecast by Applications
6.2.1 Woven Wire Mesh
6.2.2 Fencing Mesh
6.2.3 Binding Wire
6.2.4 Handicrafts
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Galvanized Iron Wire Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hot Galvanized Iron Wire Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hot Galvanized Iron Wire Analysis and Forecast
9.1 Introduction
9.2 North America Hot Galvanized Iron Wire Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hot Galvanized Iron Wire Market Size Forecast by Type
9.6.1 Diameter 0.5 to 1 mm
9.6.2 Diameter 1 to 2 mm
9.6.3 Diameter 2 to 4 mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hot Galvanized Iron Wire Market Size Forecast by Applications
9.10.1 Woven Wire Mesh
9.10.2 Fencing Mesh
9.10.3 Binding Wire
9.10.4 Handicrafts
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hot Galvanized Iron Wire Analysis and Forecast
10.1 Introduction
10.2 Europe Hot Galvanized Iron Wire Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hot Galvanized Iron Wire Market Size Forecast by Type
10.6.1 Diameter 0.5 to 1 mm
10.6.2 Diameter 1 to 2 mm
10.6.3 Diameter 2 to 4 mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hot Galvanized Iron Wire Market Size Forecast by Applications
10.10.1 Woven Wire Mesh
10.10.2 Fencing Mesh
10.10.3 Binding Wire
10.10.4 Handicrafts
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hot Galvanized Iron Wire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hot Galvanized Iron Wire Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hot Galvanized Iron Wire Market Size Forecast by Type
11.6.1 Diameter 0.5 to 1 mm
11.6.2 Diameter 1 to 2 mm
11.6.3 Diameter 2 to 4 mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hot Galvanized Iron Wire Market Size Forecast by Applications
11.10.1 Woven Wire Mesh
11.10.2 Fencing Mesh
11.10.3 Binding Wire
11.10.4 Handicrafts
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hot Galvanized Iron Wire Analysis and Forecast
12.1 Introduction
12.2 Latin America Hot Galvanized Iron Wire Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hot Galvanized Iron Wire Market Size Forecast by Type
12.6.1 Diameter 0.5 to 1 mm
12.6.2 Diameter 1 to 2 mm
12.6.3 Diameter 2 to 4 mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hot Galvanized Iron Wire Market Size Forecast by Applications
12.10.1 Woven Wire Mesh
12.10.2 Fencing Mesh
12.10.3 Binding Wire
12.10.4 Handicrafts
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hot Galvanized Iron Wire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hot Galvanized Iron Wire Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hot Galvanized Iron Wire Market Size Forecast by Type
13.6.1 Diameter 0.5 to 1 mm
13.6.2 Diameter 1 to 2 mm
13.6.3 Diameter 2 to 4 mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hot Galvanized Iron Wire Market Size Forecast by Applications
13.10.1 Woven Wire Mesh
13.10.2 Fencing Mesh
13.10.3 Binding Wire
13.10.4 Handicrafts
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hot Galvanized Iron Wire Market: Competitive Dashboard
14.2 Global Hot Galvanized Iron Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bekaert
14.3.2 Tata Wiron
14.3.3 Tianze Metal Products
14.3.4 Nichia Steel
14.3.5 Tecnofil
14.3.6 WDI
14.3.7 Tree Island Steel
14.3.8 Anping Dongming Wiremesh
14.3.9 Hankuk Steel Wire
14.3.10 Sheng Sen Wire Mesh
14.3.11 Bekaert
14.3.12 WIRE TECHNO
14.3.13 Galvart Japan Company
14.3.14 NS Hokkai Seisen
14.3.15 Davis Wire
14.3.16 Weibo Industry and Trade
