Stainless Steel Wire Rods Market by Application, Product and Geography - Forecast and Analysis 2023-2027

Published: Jun 2023 Pages: 162 SKU: IRTNTR75566

Stainless Steel Wire Rods Market Analysis Report 2023-2027:

The Global Stainless Steel Wire Rods Market size is estimated to grow at a CAGR of 3.94% between 2022 and 2027 with the market share forecast to increase by USD 1,514.41 million.

This stainless steel wire rods market report extensively covers market segmentation by Application, Product, and Geography. The application segment is classified into steel wire, steel fasteners, steel bright bars, and others.  The Product segment is categorized into 8 mm, 10 mm, 6 mm, and others, and the Geography (APAC, Europe, North America, Middle East and Africa, and South America. 

The market is experiencing significant growth due to increasing demand from the construction industry. However, obstacles like volatile raw material prices could impede market growth. Nevertheless, anticipated trends such as strategic collaborations and partnerships among steel manufacturers are expected to propel the growth of the stainless steel wire rods market in the forecast period.

What will be the Size of the Stainless Steel Wire Rods Market During the Forecast Period?

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Stainless Steel Wire Rods Market Definition

Stainless steel wire rods are made from stainless steel billets that have undergone heating, rolling, and coloring processes. Stainless steel wire rods offer excellent corrosion resistance, tensile strength, and durability because of their high nickel and chromium content. Stainless steel wire rods are widely used in the manufacturing of wires and cables, the construction industry, the automotive industry, and the medical industry, among others.

Stainless Steel Wire Rods Market Segment Insights

Application Insights

During the forecast period, there will be a notable increase in market share for the steel wire segment. Steel wire, manufactured from high-carbon and low-carbon steel, can be classified into various types based on its properties and intended uses. It finds application in diverse industries such as construction, industrial manufacturing, automotive, and agriculture. The growth in the steel wire market can be attributed to its versatility, durability, and strength, which make it a preferred material for numerous applications.

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The steel segment has witnessed a steady rise in market share, reaching USD 3,307.01 million in 2017, and is projected to continue growing until 2021. Steel wires find widespread use in construction sites, where they are commonly employed for lifting heavy objects such as cement blocks, machinery, and even people in elevators. The application of steel wires varies depending on the type of construction and the specific processes taking place on-site. The demand for steel wires in the construction sector is driven by the growth of urbanization and infrastructure investments. Governments worldwide have prioritized the improvement of healthcare infrastructure and the construction of new healthcare facilities to accommodate the rising number of patients. As an example, in May 2021, the Ministry for Housing and Urban Development initiated the construction of a 500-bed medical facility on the premises of a hospital in Tamil Nadu. Therefore, the increasing demand for steel wires from the aforementioned end-user industries is expected to propel the growth of the steel segment in the global stainless steel wire rods market throughout the forecast period.

Stainless Steel Wire Rods Market Regional Insights

APAC Region

APAC is estimated to contribute 61% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Market growth in the future will be driven by the expansion of end-user industries such as automotive and construction in countries including China, Japan, and India. For example, India planned to select one hundred cities for smart city projects as part of the National Smart Cities Mission, requiring a USD 150 billion investment, with a significant portion raised through private partnerships. Thus the demand for stainless steel wire rods increased. India and China serve as major steel exporters in the APAC region, supplying steel products to Japan, the European Union, and the United States, further contributing to the production of stainless steel wire rods in APAC.

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The manufacturing sector in APAC, particularly in consumer products, automotive, and machinery and equipment, is also experiencing growth, which will further drive the adoption of stainless steel wire rods in the region. In Japan, the manufacturing purchasing managers' index (PMI) increased from 49.8% in January 2022 to 50.6% in February 2022, indicating a return to expansion in the manufacturing sector. Similarly, South Korea's manufacturing sector output continued to show positive momentum in early 2021, with the seasonally adjusted South Korea Manufacturing PMI rising to 53.2% in January 2021. Thus, the growth of the manufacturing sector, particularly in emerging economies, will stimulate the demand for stainless steel wire rods and contribute to the regional market's growth during the forecast period.

Stainless Steel Wire Rods Market: Key Drivers, Trends, and Challenges

Growing demand from the construction industry is a major stainless steel wire rods market driver. Stainless steel wire rods are widely used in construction due to their strength and versatility. With the rapid urbanization in developing countries and increased investment in the construction sector, the demand for stainless steel wire rods is on the rise. These high-strength and cost-effective materials cater to the growing need for durable construction components. As a result, the global market for stainless steel wire rods is expected to experience significant growth during the forecast period.

Strategic alliance and partnership among steel manufacturers is an ongoing stainless steel rods market trends. Steel manufacturers are forming strategic alliances to expand their manufacturing capabilities and increase productivity. For example, ArcelorMittal acquired an 80% shareholding in Voestalpine's HBI plant, while Nippon Steel acquired Essar Steel and the Hazira steel mill. These alliances enable a smoother supply of raw materials and enhance production capacity. Such strategic partnerships are expected to have a positive impact on the growth of the global stainless steel wire rods market.

Fluctuation in the prices of raw materials is a key market challenge hindering the growth of the market. Fluctuating raw material costs pose a major threat to the growth of the global stainless steel wire rods market. Price volatility in metals like aluminum, iron, stainless steel, and nickel directly impacts the cost of stainless steel wire rods. This can lead to significant losses for manufacturers and reduced demand due to increased prices. Additionally, buyers may choose substitutes in response to higher raw material costs. These factors hinder the market's growth during the forecast period.

Who are the Major Stainless Steel Wire Rods Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Outokumpu- The company offers stainless steel wire rods that have a wide range of grades, sizes, and shapes with consistently high product quality and delivery reliability.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Acerinox SA, Aperam SA, ArcelorMittal SA, E United Group, EVRAZ Plc, Fasten.it S r l, Gustav Wolf GmbH, HONG YUE STAINLESS STEEL Ltd., Ivaco Rolling Mills, JFE Holdings Inc., Jindal Steel and Power Ltd., JSW STEEL Ltd., Mirach Metallurgy Co. Ltd., Nippon Steel Corp., NV Bekaert SA, Outokumpu Oyj, POSCO holdings Inc., Shagang Group Inc., Tsingshan Holding Group Co. Ltd., and Venus Wire Industries Pvt. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

 Stainless Steel Wire Rods Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Stainless Steel Wire Rods Market Customer Landscape

 Stainless Steel Wire Rods Market Covid-19 Recovery

The outbreak of COVID-19 in 2020 disrupted operations in industries like automotive, manufacturing, and construction across APAC countries. Nationwide lockdowns implemented in countries such as India, China, and Japan negatively impacted the production of automotive and construction machinery, which rely on stainless steel wire rods. Investment plans were deferred, leading to a sharp decline in demand for stainless steel wire rods in the region during the first half of 2020. However, the market has regained momentum in 2021 as business processes resumed. Increased government funding and economic stimulus packages have supported industries, including automotive and construction, driving the demand for stainless steel wire rods. Consequently, the APAC market for stainless steel wire rods is expected to grow during the forecast period.

 

Stainless Steel Wire Rods Market Scope

Report Coverage

Details

Page number

162

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.94%

Market growth 2023-2027

USD 1,514.41 million

Market structure

Fragmented

YoY growth 2022-2023(%)

3.66

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 61%

Key countries

US, China, India, Japan, and South Korea

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Acerinox SA, Aperam SA, ArcelorMittal SA, E United Group, EVRAZ Plc, Fasten.it S r l, Gustav Wolf GmbH, HONG YUE STAINLESS STEEL Ltd., Ivaco Rolling Mills, JFE Holdings Inc., Jindal Steel and Power Ltd., JSW STEEL Ltd., Mirach Metallurgy Co. Ltd., Nippon Steel Corp., NV Bekaert SA, Outokumpu Oyj, POSCO holdings Inc., Shagang Group Inc., Tsingshan Holding Group Co. Ltd., and Venus Wire Industries Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Stainless Steel Wire Rods Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global stainless steel wire rods market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global stainless steel wire rods market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Steel wire - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Steel wire - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Steel wire - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Steel wire - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Steel wire - Year-over-year growth 2022-2027 (%)
    • 6.4 Steel fasteners - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Steel fasteners - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Steel fasteners - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Steel fasteners - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Steel fasteners - Year-over-year growth 2022-2027 (%)
    • 6.5 Steel bright bars - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Steel bright bars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Steel bright bars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Steel bright bars - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Steel bright bars - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)
      • Exhibit 51: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 52: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 54: Chart on Comparison by Product
      • Exhibit 55: Data Table on Comparison by Product
    • 7.3 8 mm - Market size and forecast 2022-2027
      • Exhibit 56: Chart on 8 mm - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on 8 mm - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on 8 mm - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on 8 mm - Year-over-year growth 2022-2027 (%)
    • 7.4 10 mm - Market size and forecast 2022-2027
      • Exhibit 60: Chart on 10 mm - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on 10 mm - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on 10 mm - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on 10 mm - Year-over-year growth 2022-2027 (%)
    • 7.5 6 mm - Market size and forecast 2022-2027
      • Exhibit 64: Chart on 6 mm - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on 6 mm - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on 6 mm - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on 6 mm - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Product
      • Exhibit 72: Market opportunity by Product ($ million)
      • Exhibit 73: Data Table on Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 India - Market size and forecast 2022-2027
      • Exhibit 103: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.10 US - Market size and forecast 2022-2027
      • Exhibit 107: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 South Korea - Market size and forecast 2022-2027
      • Exhibit 115: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Acerinox SA
              • Exhibit 127: Acerinox SA - Overview
              • Exhibit 128: Acerinox SA - Business segments
              • Exhibit 129: Acerinox SA - Key offerings
              • Exhibit 130: Acerinox SA - Segment focus
            • 12.4 Aperam SA
              • Exhibit 131: Aperam SA - Overview
              • Exhibit 132: Aperam SA - Business segments
              • Exhibit 133: Aperam SA - Key offerings
              • Exhibit 134: Aperam SA - Segment focus
            • 12.5 ArcelorMittal SA
              • Exhibit 135: ArcelorMittal SA - Overview
              • Exhibit 136: ArcelorMittal SA - Business segments
              • Exhibit 137: ArcelorMittal SA - Key offerings
              • Exhibit 138: ArcelorMittal SA - Segment focus
            • 12.6 E United Group
              • Exhibit 139: E United Group - Overview
              • Exhibit 140: E United Group - Product / Service
              • Exhibit 141: E United Group - Key offerings
            • 12.7 EVRAZ Plc
              • Exhibit 142: EVRAZ Plc - Overview
              • Exhibit 143: EVRAZ Plc - Business segments
              • Exhibit 144: EVRAZ Plc - Key offerings
              • Exhibit 145: EVRAZ Plc - Segment focus
            • 12.8 HONG YUE STAINLESS STEEL Ltd.
              • Exhibit 146: HONG YUE STAINLESS STEEL Ltd. - Overview
              • Exhibit 147: HONG YUE STAINLESS STEEL Ltd. - Product / Service
              • Exhibit 148: HONG YUE STAINLESS STEEL Ltd. - Key offerings
            • 12.9 Ivaco Rolling Mills
              • Exhibit 149: Ivaco Rolling Mills - Overview
              • Exhibit 150: Ivaco Rolling Mills - Product / Service
              • Exhibit 151: Ivaco Rolling Mills - Key offerings
            • 12.10 JFE Holdings Inc.
              • Exhibit 152: JFE Holdings Inc. - Overview
              • Exhibit 153: JFE Holdings Inc. - Business segments
              • Exhibit 154: JFE Holdings Inc. - Key offerings
              • Exhibit 155: JFE Holdings Inc. - Segment focus
            • 12.11 Jindal Steel and Power Ltd.
              • Exhibit 156: Jindal Steel and Power Ltd. - Overview
              • Exhibit 157: Jindal Steel and Power Ltd. - Business segments
              • Exhibit 158: Jindal Steel and Power Ltd. - Key offerings
              • Exhibit 159: Jindal Steel and Power Ltd. - Segment focus
            • 12.12 JSW STEEL Ltd.
              • Exhibit 160: JSW STEEL Ltd. - Overview
              • Exhibit 161: JSW STEEL Ltd. - Product / Service
              • Exhibit 162: JSW STEEL Ltd. - Key offerings
            • 12.13 Mirach Metallurgy Co. Ltd.
              • Exhibit 163: Mirach Metallurgy Co. Ltd. - Overview
              • Exhibit 164: Mirach Metallurgy Co. Ltd. - Product / Service
              • Exhibit 165: Mirach Metallurgy Co. Ltd. - Key offerings
            • 12.14 Nippon Steel Corp.
              • Exhibit 166: Nippon Steel Corp. - Overview
              • Exhibit 167: Nippon Steel Corp. - Business segments
              • Exhibit 168: Nippon Steel Corp. - Key offerings
              • Exhibit 169: Nippon Steel Corp. - Segment focus
            • 12.15 Outokumpu Oyj
              • Exhibit 170: Outokumpu Oyj - Overview
              • Exhibit 171: Outokumpu Oyj - Business segments
              • Exhibit 172: Outokumpu Oyj - Key news
              • Exhibit 173: Outokumpu Oyj - Key offerings
              • Exhibit 174: Outokumpu Oyj - Segment focus
            • 12.16 Shagang Group Inc.
              • Exhibit 175: Shagang Group Inc. - Overview
              • Exhibit 176: Shagang Group Inc. - Product / Service
              • Exhibit 177: Shagang Group Inc. - Key offerings
            • 12.17 Venus Wire Industries Pvt. Ltd.
              • Exhibit 178: Venus Wire Industries Pvt. Ltd. - Overview
              • Exhibit 179: Venus Wire Industries Pvt. Ltd. - Product / Service
              • Exhibit 180: Venus Wire Industries Pvt. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 181: Inclusions checklist
                • Exhibit 182: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 183: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 184: Research methodology
                • Exhibit 185: Validation techniques employed for market sizing
                • Exhibit 186: Information sources
              • 13.5 List of abbreviations
                • Exhibit 187: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

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              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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