Global Galvanised Steel Wire Market Outlook 2025–2030: Demand, Trends, and Forecast
Market Overview
Global galvanized steel wire market is demonstrating steady expansion, with its valuation reaching USD 4,820 million in 2024.
According to current industry projections, the market is expected to grow at a CAGR of 4.5% through 2032, ultimately reaching approximately USD 6,870 million.
Market Drivers
The market's expansion is propelled by three fundamental factors:
Global infrastructure development
Increasing automotive production
Maritime industry growth
Market Segmentation
By Type
1,230N/mm²
880N/mm²
By Application
Automotive Shipbuilding
Others
Key Companies
Link Middle East
Jinzhou Guangya Metal Products
Lewis Wire Amic Others
Regional Analysis
North America : Maintains steady demand due to renovation of aging infrastructure and robust automotive production.
Asia-Pacific: Currently leads the global galvanized steel wire market.
Europe: Shows particular strength in precision engineering applications
Africa and Latin America: Present growth opportunities, though these regions currently face challenges in supply chain development and quality standardization.
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