Market Overview:
The global stainless steel lashing wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for stainless steel lashing wire in various applications, such as telecommunications, utilities cable TV industries, and other applications. In terms of type, 304 stainless steel is expected to hold the largest share of the global stainless steel lashing wire market during the forecast period. However, 316 stainless steel is projected to grow at a higher CAGR than 304 stainless steel during the forecast period.
Product Definition:
A type of wire made with a stainless steel alloy, used for lashing together pieces of wood or other materials.
304 stainless steel:
304 stainless steel is a type of stainless steel that contains 7.5% to 15% chromium and between 3.5% and 5% carbon by weight depending on the application. It has higher carbon content than ferritic or martensitic stainless steel, which makes it stronger but also costs more; it's costlier than 200 series (ferritic) or 201 series (martensitic) as well.
316 stainless steel:
Stainless steel lashing wire is made from a special type of stainless steel known as 316. The most important property of this grade of stainless steel is that at standard temperature and pressure, it has a higher percentage of nickel and chromium than other types. As a result, it has an excellent ability to resist rusting when used in seawater or marine environment.
Application Insights:
The telecommunications application segment accounted for the largest share of over 30.0% in 2017 and is projected to continue its dominance over the forecast period. The rising demand for lashing wires from various telecom operators, especially in developing countries such as India, China and Brazil is expected to drive industry growth during the forecast period.
Utilities cable TV industries are also anticipated to be one of the prominent end-use industries owing to increasing investments by public utility companies (PUCs) across developing countries including China, India and Brazil on account of growing urbanization needs better infrastructure development leading to an increase in electricity generation capacity which eventually boosts product demand globally.
Other applications include construction where it finds major use as a binding agent or reinforcement within concrete structures or bridges among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in infrastructure development, especially across emerging economies such as India and China. In addition, rising demand for consumer electronics products is anticipated to drive industry expansion over the coming years.
The North American regional market accounted for a share of more than 20% in terms of revenue in 2017 on account of growing construction spending coupled with steady telecommunication sector investment plans across U.S., which are likely to benefit industry expansion over the next eight years. Europe also held a significant share owing to high demand from utility cable TV industries along with rising R&D activities related to energy distribution networks within this region since last few decades resulting into increased product consumption rates exceeding 1000 kg per kilometer at times (i).
Growth Factors:
- Increasing demand from end-use industries: The global stainless steel lashing wire market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from end-use industries such as automotive, construction, and marine.
- Growing infrastructure development: The growth of the global infrastructure sector is expected to drive the demand for stainless steel lashing wire in the coming years.
- Rising disposable income: With rising disposable incomes, consumers are increasingly opting for premium products such as stainless steel lashing wire, which is likely to boost market growth in the near future.
- Technological advancements: The introduction of new and innovative technologies in manufacturing processes is projected to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Lashing Wire Market Research Report
By Type
304 stainless steel, 316 stainless steel
By Application
Telecommunications, Utilities cable TV Industries, Other
By Companies
Loos & Co., Power Manufacturing, Phoenix Utility Products Corporation, CWI-America, Nevatia steel, Wire World, Multicom, Inc, Anand Arc Ltd.
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Lashing Wire Market Report Segments:
The global Stainless Steel Lashing Wire market is segmented on the basis of:
Types
304 stainless steel, 316 stainless steel
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
Telecommunications, Utilities cable TV Industries, 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:
- Loos & Co.
- Power Manufacturing
- Phoenix Utility Products Corporation
- CWI-America
- Nevatia steel
- Wire World
- Multicom, Inc
- Anand Arc Ltd.
Highlights of The Stainless Steel Lashing 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:
- 304 stainless steel
- 316 stainless steel
- By Application:
- Telecommunications
- Utilities cable TV Industries
- 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 Stainless Steel Lashing 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
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?
Stainless steel lashing wire is a type of wire used to secure objects together. It is made of stainless steel and has a diameter of 0.032 inches (0.8 mm).
Some of the major players in the stainless steel lashing wire market are Loos & Co., Power Manufacturing, Phoenix Utility Products Corporation, CWI-America, Nevatia steel, Wire World, Multicom, Inc, Anand Arc Ltd..
The stainless steel lashing 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. Stainless Steel Lashing 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. Stainless Steel Lashing Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stainless Steel Lashing Wire Market - Supply Chain
4.5. Global Stainless Steel Lashing Wire Market Forecast
4.5.1. Stainless Steel Lashing Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stainless Steel Lashing Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stainless Steel Lashing Wire Market Absolute $ Opportunity
5. Global Stainless Steel Lashing 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. Stainless Steel Lashing Wire Market Size and Volume Forecast by Type
5.3.1. 304 stainless steel
5.3.2. 316 stainless steel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stainless Steel Lashing 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. Stainless Steel Lashing Wire Market Size and Volume Forecast by Application
6.3.1. Telecommunications
6.3.2. Utilities cable TV Industries
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stainless Steel Lashing 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. Stainless Steel Lashing 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 Stainless Steel Lashing 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. Stainless Steel Lashing 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 Stainless Steel Lashing Wire Demand Share Forecast, 2019-2026
9. North America Stainless Steel Lashing 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 Stainless Steel Lashing 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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Application
9.4.1. Telecommunications
9.4.2. Utilities cable TV Industries
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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Type
9.7.1. 304 stainless steel
9.7.2. 316 stainless steel
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 Stainless Steel Lashing Wire Demand Share Forecast, 2019-2026
10. Latin America Stainless Steel Lashing 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 Stainless Steel Lashing 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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Application
10.4.1. Telecommunications
10.4.2. Utilities cable TV Industries
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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Type
10.7.1. 304 stainless steel
10.7.2. 316 stainless steel
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 Stainless Steel Lashing Wire Demand Share Forecast, 2019-2026
11. Europe Stainless Steel Lashing 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 Stainless Steel Lashing 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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Application
11.4.1. Telecommunications
11.4.2. Utilities cable TV Industries
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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Type
11.7.1. 304 stainless steel
11.7.2. 316 stainless steel
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 Stainless Steel Lashing Wire Demand Share, 2019-2026
12. Asia Pacific Stainless Steel Lashing 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 Stainless Steel Lashing 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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Application
12.4.1. Telecommunications
12.4.2. Utilities cable TV Industries
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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Type
12.7.1. 304 stainless steel
12.7.2. 316 stainless steel
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 Stainless Steel Lashing Wire Demand Share, 2019-2026
13. Middle East & Africa Stainless Steel Lashing 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 Stainless Steel Lashing 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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Application
13.4.1. Telecommunications
13.4.2. Utilities cable TV Industries
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 Stainless Steel Lashing Wire Market Size and Volume Forecast by Type
13.7.1. 304 stainless steel
13.7.2. 316 stainless steel
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 Stainless Steel Lashing Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stainless Steel Lashing Wire Market: Market Share Analysis
14.2. Stainless Steel Lashing Wire Distributors and Customers
14.3. Stainless Steel Lashing Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Loos & Co.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Power Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Phoenix Utility Products Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CWI-America
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nevatia steel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wire World
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Multicom, Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Anand Arc Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
