The Worldwide Steel Wire Industry is Projected to Reach $124.7 Billion by 2025 at a CAGR of 6% from 2020
Share this article Share this article ResearchAndMarkets.com's offering. The global steel wire market size is projected to grow from USD 93.1 billion in 2020 to USD 124.7 billion by 2025, at a CAGR of 6.0% between 2020 and 2025. Steel wires are demanded in various end-use industries including construction, automotive, industrial; due to their advantages properties such as high strength, conductivity, and durability. However, global pandemic disease COVID-19 has disrupted the operations of construction, automotive, and other industries which are expected to decrease the demand for steel wire i...
Source: prnewswire.com