Market Overview:
The global steel wool market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global steel wool market can be attributed to the increasing demand for steel wool from various applications such as home cleaning, restaurant cleaning, equipment cleaning, and woodworkers. In addition, the growing awareness about hygiene and cleanliness is also propelling the growth of the global steel wool market. North America dominates the global steel wool market followed by Europe and Asia Pacific.
Product Definition:
Steel wool is a type of abrasive material made from very fine steel fibers. It is used in a variety of ways, including as an abrasive in sandpaper, to remove paint or rust from metal surfaces, and to clean grime from pots and pans. Steel wool can also be used as insulation around pipes or electrical wiring.
Super Fine:
Super fine steel wool or defoam as it is commonly known, is a type of steel-wool mixture used in various applications. It has high demand from the automotive industry and finds its major application in tire production.
Extra Fine:
The extra fine steel wool market is expected to witness significant growth over the forecast period owing to its increasing demand in various end-use industries such as construction, automotive and marine. The product has a wide range of applications in these industries on account of its superior properties including anti-corrosion, rust prevention and surface protection.
Application Insights:
The global steel wool market is segmented on the basis of application into home cleaning, restaurant cleaning, equipment cleaning and woodworking. Equipment cleaning was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period owing to its superior properties including high surface energy, abrasion resistance and high luster finish.
Home cleaners prefer steel wool as it does not leave any residue behind like other products do. It removes tough stains from clothing including grease, oil & dirt with ease while maintaining the fabric texture without any damage or wear&tear to fabrics like nylon & polyester etc., which makes it highly preferred by consumers around the world for home cleanings applications.
Regional Analysis:
Asia Pacific dominated the global steel wool market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, presence of key manufacturers such as Nippon Steel & Sumitomo Metal Corporation, Ltd., and growing awareness among consumers regarding health & hygiene issues.
The demand for steel Wool in Europe is expected to grow at a moderate pace during the forecast period owing to stringent environmental regulations by various regulatory bodies such as REACH, BIFMES, ECHA etc. Also increasing use of eco-friendly products for cleaning purposes will also have a positive impact on regional product demand over the next eight years.
North America accounted for more than 10% share in terms of volume consumed globally in 2017 due mainly to high consumption levels by end-use industries including food processing companies followed by restaurants and home cleaners across U.S.
Growth Factors:
- Increasing demand from construction and automotive industries
- Rising consumption of steel wool in Asia Pacific region
- Growing popularity of steel wool as a green cleaning product
- Technological advancements in the manufacturing process of steel wool
- Proliferation of online retailing that offers wider choice to consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Wool Market Research Report
By Type
Super Fine, Extra Fine, Very Fine, Fine, Medium, Medium Coarse, Coarse, Extra Coarse
By Application
Home Cleaning, Restaurant Cleaning, Equipment Cleaning, Woodworkers
By Companies
M, The Clorox Company, Brillo, Liberon, Crownbrands, Rhodes, International Steel Wool Inc., M
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Steel Wool Market Report Segments:
The global Steel Wool market is segmented on the basis of:
Types
Super Fine, Extra Fine, Very Fine, Fine, Medium, Medium Coarse, Coarse, Extra Coarse
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
Home Cleaning, Restaurant Cleaning, Equipment Cleaning, Woodworkers
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:
- M
- The Clorox Company
- Brillo
- Liberon
- Crownbrands
- Rhodes
- International Steel Wool Inc.
- M
Highlights of The Steel Wool 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:
- Super Fine
- Extra Fine
- Very Fine
- Fine
- Medium
- Medium Coarse
- Coarse
- Extra Coarse
- By Application:
- Home Cleaning
- Restaurant Cleaning
- Equipment Cleaning
- Woodworkers
- 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 Steel Wool 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Steel wool is a type of metal wool. It is made from steel that has been heated until it becomes malleable. The steel is then rolled into thin sheets and cut into small pieces.
Some of the major players in the steel wool market are M, The Clorox Company, Brillo, Liberon, Crownbrands, Rhodes, International Steel Wool Inc., M.
The steel wool market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Steel Wool 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 Steel Wool Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Steel Wool 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 Steel Wool 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 Steel Wool Market Size & Forecast, 2020-2028
4.5.1 Steel Wool Market Size and Y-o-Y Growth
4.5.2 Steel Wool Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Super Fine
5.2.2 Extra Fine
5.2.3 Very Fine
5.2.4 Fine
5.2.5 Medium
5.2.6 Medium Coarse
5.2.7 Coarse
5.2.8 Extra Coarse
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Home Cleaning
6.2.2 Restaurant Cleaning
6.2.3 Equipment Cleaning
6.2.4 Woodworkers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steel Wool 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 Steel Wool 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Super Fine
9.6.2 Extra Fine
9.6.3 Very Fine
9.6.4 Fine
9.6.5 Medium
9.6.6 Medium Coarse
9.6.7 Coarse
9.6.8 Extra Coarse
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 Market Size Forecast by Applications
9.10.1 Home Cleaning
9.10.2 Restaurant Cleaning
9.10.3 Equipment Cleaning
9.10.4 Woodworkers
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Super Fine
10.6.2 Extra Fine
10.6.3 Very Fine
10.6.4 Fine
10.6.5 Medium
10.6.6 Medium Coarse
10.6.7 Coarse
10.6.8 Extra Coarse
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 Market Size Forecast by Applications
10.10.1 Home Cleaning
10.10.2 Restaurant Cleaning
10.10.3 Equipment Cleaning
10.10.4 Woodworkers
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Super Fine
11.6.2 Extra Fine
11.6.3 Very Fine
11.6.4 Fine
11.6.5 Medium
11.6.6 Medium Coarse
11.6.7 Coarse
11.6.8 Extra Coarse
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 Market Size Forecast by Applications
11.10.1 Home Cleaning
11.10.2 Restaurant Cleaning
11.10.3 Equipment Cleaning
11.10.4 Woodworkers
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Super Fine
12.6.2 Extra Fine
12.6.3 Very Fine
12.6.4 Fine
12.6.5 Medium
12.6.6 Medium Coarse
12.6.7 Coarse
12.6.8 Extra Coarse
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 Market Size Forecast by Applications
12.10.1 Home Cleaning
12.10.2 Restaurant Cleaning
12.10.3 Equipment Cleaning
12.10.4 Woodworkers
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Super Fine
13.6.2 Extra Fine
13.6.3 Very Fine
13.6.4 Fine
13.6.5 Medium
13.6.6 Medium Coarse
13.6.7 Coarse
13.6.8 Extra Coarse
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) Market Size Forecast by Applications
13.10.1 Home Cleaning
13.10.2 Restaurant Cleaning
13.10.3 Equipment Cleaning
13.10.4 Woodworkers
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 Steel Wool Market: Competitive Dashboard
14.2 Global Steel Wool Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 The Clorox Company
14.3.3 Brillo
14.3.4 Liberon
14.3.5 Crownbrands
14.3.6 Rhodes
14.3.7 International Steel Wool Inc.
14.3.8 M
