Galvanised Steel Wire Research:with a compound annual growth rate (CAGR) of 6.54% (2024-2030)

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Galvanised Steel Wire- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



Galvanized steel wire is made of carbon steel zinc plated. The zinc coating offers corrosion resistance, allowing vary varied use for weaving of galvanized wire mesh, galvanized hardware cloth, welded iron wire mesh, chicken netting, etc.



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Galvanised Steel Wire Market Summary

Galvanized steel wire is a kind of product made by drawing high-quality carbon structural steel and then heat-treating and galvanizing it, which is mainly used in the manufacture of electric power and communication, galvanized steel wire mesh, construction engineering, springs and all kinds of steel wire ropes. With the promotion of urbanization and power grid upgrading, the application range of galvanized steel wire continues to broaden, from the traditional electric power, communication field gradually to the net fence and other fields.

According to the statistics and forecast of QYR (QYResearch), the global galvanized steel wire market sales reached USD 1,741.50 million in 2023, and is expected to reach USD 2,741.09 million in 2030, with a compound annual growth rate (CAGR) of 6.54% (2024-2030). At the regional level, the Chinese market has changed rapidly over the past few years, with a market size of $499.93 million in 2023, accounting for approximately 28.71% of the global market, and is expected to reach $885.19 million in 2030, when the global share will reach 32.29%.

Global Galvanised Steel Wire MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global Galvanised Steel Wire Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

The current state of the galvanized steel wire market is showing positive developments, despite some challenges.

Galvanized steel wire is a product made by drawing high-quality carbon structural steel, after heat treatment and galvanization, which is mainly used in the manufacture of electric power and communication, galvanized steel wire mesh, construction engineering, springs, and various kinds of wire ropes. With the advancement of urbanization and power grid upgrading, the application range of galvanized steel wire continues to broaden, from the traditional electric power and communication field gradually to the net fence and other fields.

Technology, electro-galvanized steel wire is one of the mainstream products in the market, which is obtained by electrodeposition through an applied power source, and the coating obtained consists of fine pure zinc grains. Hot-dip galvanizing, on the other hand, relies on physical heat diffusion to form the coating, first forming an iron and zinc compound, and then generating a pure zinc layer on the surface of the iron and zinc compound. These two methods have their own advantages, to meet the needs of different areas.

On the market front, the galvanized steel wire industry is facing a number of challenges.2024 In March, shipments from 154 galvanized companies across the country suffered a 7.89% decline, with a particularly significant reduction of 10.94% in central China. This data reflects the sluggish development of the galvanized industry in the current market environment and provides an important market reference for investors.

However, the development prospect of galvanized steel wire industry is still optimistic. With global and Chinese galvanized steel wire industry research shows that the galvanized steel wire market is expected to grow at a certain CAGR between 2023 and 2029. This indicates that despite some volatility faced by the current market, the galvanized steel wire industry still has a high potential for growth in the long run.

In conclusion, the galvanized steel wire market is facing challenges, but also showing positive development trends and broad market prospects. With the progress of technology and the expansion of application areas, galvanized steel wire is expected to continue to maintain the growth trend in the future.

In recent years, China's galvanized steel wire industry has shown a growth trend in both production and demand, which reflects the increasing demand for galvanized steel wire in the market. With the advancement of technology and environmental protection requirements, galvanized steel wire industry is experiencing structural optimization and upgrading, especially in the new energy, environmental protection, high-end manufacturing and other areas of rapid development, for the galvanized steel wire industry has brought new market opportunities. In terms of market competition, galvanized steel wire market players, enterprises need to improve product quality, technical level and brand building to cope with market competition. Meanwhile, trends such as environmental protection and energy saving, technological innovation and industry chain integration are crucial to the development of the industry.

Global Galvanised Steel Wire Top11Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Galvanised Steel Wire Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Galvanised Steel Wire include Bekaert SA, ArcelorMittal, The Heico Companies, Henan Hengxing Science & Technology Co., Ltd, Shandong Jingwei Steel Cord co., LTD, Qian'an Xinghua Metal Products Co., Ltd, Zhejiang Guanming Power Transmission Material Corp, HeBei ZhiDaWeiYe Commlinications Equipment Co., Ltd, Tianjin Quanyou Steel Rope Co.,LTD, Si Chuan Donggang New Materials Co., Ltd., etc. In 2023, the global top 10 players had a share approximately 42.0% in terms of revenue.

Galvanised Steel Wire,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Galvanised Steel Wire Market Report 2024-2030.

In terms of product type, hot-dip galvanized steel wire holds a significant position and is expected to reach a revenue share of 66.12% by 2030.

In terms of product type, type one is the largest segment, hold a share of xx%,

In terms of product application, currently Electricity and Communications is the largest segment, hold a share of 79.8%.











The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Galvanised Steel Wire market is segmented as below:

By Company

Link Middle East
Jinzhou Guangya Metal Products
Lewis Wire
Amic
Mdp Sas
Huarun Hardware Mesh Products
Bedmutha Industries
Hamburger Drahtseilerei A. Steppuhn Gmbh
J. S. Feindrahtzug Gmbh
Deutenberg Drahttechnik Gmbh
Sfam
Lerat Sprl
Hampton Steel
Habrial Amenagement Vehicules Utilitaires
Maes Metal
Coastal Wire
Samco Sales
Griplock Systems
Loos＆Co
Lexco Cable Manufacturers
American Wire Group
Alabama Wire
California Metal & Supply
Direct Metals
Gibbs Wire & Steel
American Casting & Manufacturing Corp
Airmatic



Segment by Type

1,230N/㎟
880N/㎟
690N/㎟



Segment by Application

Ship
Car
Bridge
Other



Each chapter of the report provides detailed information for readers to further understand the Galvanised Steel Wire market:

Chapter 1: Introduces the report scope of the Galvanised Steel Wire report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Galvanised Steel Wire manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Galvanised Steel Wire market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of Galvanised Steel Wire in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of Galvanised Steel Wire in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Galvanised Steel Wire competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Galvanised Steel Wire comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Galvanised Steel Wire market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global Galvanised Steel Wire Market Research Report 2024
Galvanised Steel Wire - Global Market Insights and Sales Trends 2024
Global Galvanised Steel Wire Market Research Report 2023
Global Galvanised Steel Wire Market Insights, Forecast to 2029
Global Galvanised Steel Wire Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Galvanised Steel Wire Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global and United States Galvanised Steel Wire Market Report & Forecast 2022-2028
United States Galvanised Steel Wire Market Report & Forecast 2021-2027

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