The multinational High Carbon Wire market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
High carbon steel wire is popularly known as black wire. It is a drawn steel wire which is manufactured from quality wire rods with high carbon content. With a wide range of usage, black wire plays a vital role in many industries from automobile and construction to engineering industries.
High carbon wire is widely used in Automotive, Industrial & Crane, Oil & Gas, Mining, Fishing & Marine, etc. Spring occupied the largest market share of high carbon wire, with share of 63%. Moreover, high strength wire rope occupies 29% of the application segment.
With largest automotive production in Europe, Germany is the largest consumption place, with a consumption market share nearly 26% in 2017. Following Germany, UK and France is the also important market with share of 6.9% and 8.7%.
In the global High Carbon Wire market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Bekaert
GLOBAL STEEL WIRE
Steelgroup
KÜNNE Group
Gustav Wolf
Suzuki Garphyttan
Wrexham Wire
WireCo World Group
Usha Martin
Dorstener Drahtwerke
RAJRATAN
DSR
GEORGANTAS
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Non-alloy
Alloy
In market segmentation by applications :
Spring
Wire Rope
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the High Carbon Wire market for the forecast period 2020 - 2025?
• What are the driving forces in the High Carbon Wire market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the High Carbon Wire industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?