Research and Markets has announced the addition of the "Global Stainless Steel Wire Rods Market 2017-2021" report to their offering.

The global stainless steel wire rod market to grow at a CAGR of 3.50% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global stainless steel wire rod market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in market is increased usage of stainless steel wire in various industries. Stainless steel is used in a wide variety of applications in both industrial and consumer products because of its strength, durability, malleability, corrosion resistance, and attractive surface appearance. The major application of stainless steel wire rods is stainless steel wires which are used widely in many industries.

In the automotive manufacturing industry, it is used commonly for reinforcing tires and to produce the drivetrain, steel wheel, exhaust, seating, and vehicle door systems. The global automotive industry is experiencing steady growth, and the volume of automobiles sold is expected to increase. The small vehicle segment consisting of microcars, superminis, and subcompacts account for approximately 30% of global vehicle sales.

Key vendors

•    ArcelorMittal
•    EVRAZ
•    Gerdau
•    SHAGANG GROUP
•    NSSMC

Other prominent vendors

•    Central Wire
•    Emirates Steel
•    Fagersta Stainless
•    Hebei Sakaguchi Stainless Steel
•    Ivaco Rolling Mills (HEICO)

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Market segmentation by geography

Part 08: Drivers and challenges

Part 09: Market trends

Part 10: Vendor landscape

Part 11: Key vendor analysis

Part 12: Appendix

Contacts

Research and Markets
Laura Wood, Senior Manager
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Source:businesswire.com

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