강선 시장 규모, 점유율, 동향 분석 보고서 : 재료별, 용도별, 지역별, 부문별 예측(2025-2033년)

Steel Wire Market Summary

The global steel wire market size was estimated at USD 115.68 billion in 2024 and is projected to reach USD 188.76 billion by 2033, growing at a CAGR of 5.7% from 2025 to 2033. The market is growing mainly because of the number of construction and infrastructure projects worldwide.

Steel wires are widely used in bridges, roads, buildings, and other large structures. They help strengthen concrete and are also used for fencing and safety barriers. Many countries, especially developing ones like India, China, and Southeast Asian countries, are investing heavily in improving their infrastructure. Governments are spending more on smart cities, highways, metros, and power lines, which increases the demand for steel wires. As construction activities continue to grow, the need for steel wire will also keep rising.

Governments across Asia, Africa, and Latin America are heavily investing in transportation networks, bridges, railways, and urban infrastructure. For instance, India's "PM Gati Shakti" master plan involves a multi-billion-dollar logistics and infrastructure investment requiring massive structural steel. Similarly, China's Belt and Road Initiative (BRI), which spans over 60 countries, continues to catalyze steel demand through large-scale construction and transportation projects.

The automotive industry remains a robust consumer of steel, particularly in producing car bodies, engines, chassis, and safety components. With the global shift toward electric vehicles (EVs), manufacturers increasingly use high-strength, lightweight steel to reduce vehicle weight while maintaining crash safety and structural integrity. For instance, General Motors and Toyota have adopted advanced high-strength steel (AHSS) in their EV platforms to balance durability and fuel economy. According to the International Energy Agency (IEA), global electric car sales reached approximately 17 million units in 2024, up from 14 million in 2023, accounting for nearly one in every five cars sold. This rapid EV adoption has significantly bolstered demand for specialized automotive steel grades, particularly cold-rolled and galvanized steel used in battery enclosures, motor housings, and lightweight body structures. Key manufacturing hubs like China, Germany, and the U.S. are leading this trend, supporting steady steel consumption from the transportation sector.

The shift toward renewable energy has created a surge in demand for specialized steel for producing wind turbines, solar mounting systems, and hydroelectric infrastructure. For instance, offshore and onshore wind farms require large quantities of steel for towers, foundations, and nacelle components. An example is the Hornsea Project in the UK, the world's largest offshore wind farm, which uses over 200,000 tons of steel. Additionally, transmission towers and electric grids, necessary to support renewable integration, continue to be built using galvanized and structural steel.

Urbanization and population growth drive a strong demand for residential and commercial real estate, fueling the need for structural steel products such as rebar, beams, columns, and sheets. The U.S. residential housing market has seen consistent growth post-pandemic, and countries like Saudi Arabia are developing futuristic smart cities like NEOM, which are projected to use over 1.5 million tons of steel in their initial construction phases alone. Real estate expansion in Southeast Asia, particularly Vietnam and Indonesia, also accelerates steel consumption for high-rise and mid-level developments.

Global Steel Wire Market Report Segmentation

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global steel wire market report based on material, application, and region:

• Material Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
• Carbon Steel
• Stainless Steel
• Alloy Steel
• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
• Construction
• Automotive
• Energy
• Industrial
• Agriculture
• Others
• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Poland
  • Italy
  • France
  • Czechia
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• Middle East & Africa

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definition
• 1.3. Information Procurement
  • 1.3.1. Information Analysis
  • 1.3.2. Data Analysis Models
  • 1.3.3. Market Formulation & Data Visualization
  • 1.3.4. Data Validation & Publishing
• 1.4. Research Scope and Assumptions
  • 1.4.1. List of Data Sources

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segmental Outlook
• 2.3. Competitive Outlook

Chapter 3. Market Variables, Trends, and Scope

• 3.1. Market Outlook
• 3.2. Industry Value Chain Analysis
  • 3.2.1. Sales Channel Analysis
• 3.3. Technology Overview
• 3.4. Regulatory Framework
• 3.5. Market Dynamics
  • 3.5.1. Market Driver Analysis
  • 3.5.2. Market Restraint Analysis
• 3.6. Industry Trends
  • 3.6.1. ESG Analysis
  • 3.6.2. Economic Trends
• 3.7. Porter's Five Forces Analysis
  • 3.7.1. Bargaining Power of Suppliers
  • 3.7.2. Bargaining Power of Buyers
  • 3.7.3. Threat of Substitution
  • 3.7.4. Threat of New Entrants
  • 3.7.5. Competitive Rivalry
• 3.8. PESTLE Analysis
  • 3.8.1. Political
  • 3.8.2. Economic
  • 3.8.3. Social Landscape
  • 3.8.4. Technology
  • 3.8.5. Environmental
  • 3.8.6. Legal

Chapter 4. Steel Wire Market: Material Estimates & Trend Analysis

• 4.1. Steel Wire Market: Material Movement Analysis, 2024 & 2033
• 4.2. Carbon Steel
  • 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
• 4.3. Stainless Steel
  • 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
• 4.4. Alloy Steel
  • 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)

Chapter 5. Steel Wire Market: Application Estimates & Trend Analysis

• 5.1. Steel Wire Market: Application Movement Analysis, 2024 & 2033
• 5.2. Construction
  • 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
• 5.3. Automotive
  • 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
• 5.4. Energy
  • 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
• 5.5. Industrial
  • 5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
• 5.6. Agriculture
  • 5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
• 5.7. Others
  • 5.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)

Chapter 6. Steel Wire Market: Regional Estimates & Trend Analysis

• 6.1. Regional Analysis, 2024 & 2033
• 6.2. North America
  • 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 6.2.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
  • 6.2.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.2.4. U.S.
    • 6.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.4.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.2.5. Canada
    • 6.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.5.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.2.6. Mexico
    • 6.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.6.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
• 6.3. Europe
  • 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 6.3.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
  • 6.3.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.3.4. Germany
    • 6.3.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.4.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.3.5. Poland
    • 6.3.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.5.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.3.6. Italy
    • 6.3.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.6.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.3.7. France
    • 6.3.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.7.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.7.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.3.8. Czechia
    • 6.3.8.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.8.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.8.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
• 6.4. Asia Pacific
  • 6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 6.4.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
  • 6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.4.4. China
    • 6.4.4.1. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.4.2. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.4.5. India
    • 6.4.5.1. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.5.2. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.4.6. Japan
    • 6.4.6.1. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.6.2. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
• 6.5. Latin America
  • 6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 6.5.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
  • 6.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
  • 6.5.4. Brazil
    • 6.5.4.1. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
    • 6.5.4.2. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
• 6.6. Middle East & Africa
  • 6.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 6.6.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
  • 6.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)

Chapter 7. Competitive Landscape

• 7.1. Recent Developments & Impact Analysis, By Key Market Participants
• 7.2. Company Categorization
• 7.3. Heat Map Analysis
• 7.4. Vendor Landscape
  • 7.4.1. List of distributors
• 7.5. List of Prospective End-Users
• 7.6. Strategy Initiatives
• 7.7. Company Profiles/Listing
  • 7.7.1. ArcelorMittal
    • 7.7.1.1. Company Overview
    • 7.7.1.2. Financial Performance
    • 7.7.1.3. Product Benchmarking
  • 7.7.2. Bridon-Bekaert Ropes Group
    • 7.7.2.1. Company Overview
    • 7.7.2.2. Financial Performance
    • 7.7.2.3. Product Benchmarking
  • 7.7.3. Heico Companies' Metal Processing Group
    • 7.7.3.1. Company Overview
    • 7.7.3.2. Financial Performance
    • 7.7.3.3. Product Benchmarking
  • 7.7.4. Optimus Steel
    • 7.7.4.1. Company Overview
    • 7.7.4.2. Financial Performance
    • 7.7.4.3. Product Benchmarking
  • 7.7.5. HBIS GROUP
    • 7.7.5.1. Company Overview
    • 7.7.5.2. Financial Performance
    • 7.7.5.3. Product Benchmarking
  • 7.7.6. KOBE STEEL
    • 7.7.6.1. Company Overview
    • 7.7.6.2. Financial Performance
    • 7.7.6.3. Product Benchmarking
  • 7.7.7. WireCo WorldGroup
    • 7.7.7.1. Company Overview
    • 7.7.7.2. Financial Performance
    • 7.7.7.3. Product Benchmarking
  • 7.7.8. JFE Steel Corporation
    • 7.7.8.1. Company Overview
    • 7.7.8.2. Financial Performance
    • 7.7.8.3. Product Benchmarking
  • 7.7.9. Nippon Steel Corporation
    • 7.7.9.1. Company Overview
    • 7.7.9.2. Financial Performance
    • 7.7.9.3. Product Benchmarking
  • 7.7.10. Insteel Industries
    • 7.7.10.1. Company Overview
    • 7.7.10.2. Financial Performance
    • 7.7.10.3. Product Benchmarking