Industry Press Releases

Global Stainless Steel Wire Rods Market 2017-2021

Tuesday, Jun 13, 2017

Stainless steel wire rods are manufactured by hot rolling billets on continuous rolling mills. They are wound up in coils and have a round cross-section. Stainless steel wire rods have high tensile strength and are used in various industrial applications such as reinforcing materials for tires and conveyor belts. Stainless steel wire rods are manufactured by hot rolling billets on continuous rolling mills. They are wound up in coils and have a round cross-section. Stainless steel wire rods have high tensile strength and are used in various industrial applications such as reinforcing materials for tires and conveyor belts.

Technavio's analysts forecast the global stainless steel wire rod market to grow at a CAGR of 3.50% during the period 2017-2021.

Covered in this report

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 market is divided into the following segments based on geography:

-APAC
-Europe
-North America
-ROW

Technavio's report, Global Stainless Steel Wire Rod Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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)

Market driver

-Increased usage of stainless steel wire in various industries.
-For a full, detailed list, view our report

Market challenge

-Risks associated with plant location.
-For a full, detailed list, view our report

Market trend

-Developing sustainable economic performance in current stainless steel market.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: ArcelorMittal, EVRAZ, Gerdau, SHAGANG GROUP, NSSMC, Central Wire, Emirates Steel, Fagersta Stainless, Hebei Sakaguchi Stainless Steel, Ivaco Rolling Mills (HEICO)

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Source:digitaljournal.com

 

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