Steel Wire Drawing – 2024 U.S. Market Research Report

Publish Date: March 2024

This 63-page market research report provides a comprehensive analysis on the $8.3 billion steel wire drawing industry in the US. The report has over 100 industry statistical data sets with historicals (2015-2023), trend analysis, and forecasts for 2023 and the next 5 years. The data is sourced from extensive business surveys completed annually by companies in the steel wire drawing industry.

This report has the in-depth industry insights you are looking for as it covers market size & growth, in-depth OPEX analysis on 26 categories, extensive financial analysis, extensive forecasts, inventory trends & analysis, detailed breakdown of 31 balance sheet items, segmentation by business size and structure, competitive intensity analysis, material costs analysis, profit margin analysis, state statistics, plant productivity benchmarks, workforce composition, inflation statistics, compensation analysis, in-depth productivity analysis, and numerous other data sets.

Steel Wire Drawing Report


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Report Format


The 2024 U.S. Steel Wire Drawing Industry Market Research Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. You can use this market research report to develop a comprehensive fact base on the industry for strategy projects, forecasting, cost reduction initiatives, industry analysis, opportunity analysis, financial benchmarking, plant performance benchmarking, market analysis, valuations, workforce optimization, sales & marketing benchmarking, productivity improvement initiatives, identifying operational efficiencies, gap analysis, and a ton more.

Below are a few page images from the report and check out the table of contents for a complete overview.

steel wire drawing market size chart

Operating expense chart for steel wire drawing

Steel Wire Drawing Profit

steel wire drawing BCG Matrix

Steel Wire Drawing Factory Capacity Utilization Trend

Steel Wire Drawing Workforce Benchmarks


Industry Description


This U.S. industry includes companies primarily engaged in drawing wire from purchased steel.

NAICS Code: 331222

Number of Companies: 195

Number of Plants / Facilities: 233

Industry Employees: 15,993

Market Size: $8.3 billion

Product Lines Covered


Steel wire, including galvanized and other coated wire, made in plants that draw wire
Noninsulated ferrous wire rope, cable, and fabricated wire rope assemblies (including lifting slings), made in plants that draw wire
Other ferrous wire products (excluding springs), made in plants that draw wire
Steel fencing and fence gates, made in plants that draw wire
Steel wire drawing, nsk, total
Steel nails, staples, tacks, spikes, and brads, made in plants that draw wire
Ferrous wire cloth and other ferrous woven wire products, made in plants that draw wire

Table of Contents


Review the table of contents of the Steel Wire Drawing Report below to understand the extensive statistical data sets in this report and why thousands of executives, consultants, bankers, accountants, and other professionals trust Kentley Insights for their market research needs.


1-2 – Report Overview & Contents

3 – Industry Overview
– Data Sources
– Industry Definition & Examples

4 – Industry Synopsis – Revenue & Growth

5 – Industry Synopsis – Costs & Profitability

SECTION ONE
REVENUE & GROWTH ANALYSIS

7 – Market Size Details
– Industry Revenues
– Companies
– Facilities
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

8 – Growth Benchmarks
– Sales per Company
– Sales per Plant
– Plants per Company
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

9 – Product Lines Revenue
– Percentage of Revenue from Product Lines

10 – BCG Matrix – Net Income vs. Revenue Growth
– Subsectors vs. Industry

11 – Total Industry Sales by Month & Year
– 2019-2023 Sales per Month

12 – Inventory Value by Month & Year
– Inventory Value per Month for 2019-2023

13 – Months of Inventory
– Months of Inventory per Month for 2019-2023

14 – Sector Revenue by Segments
– Concentration Segments by Top Companies
– Business Size Segments
– Business Structure Segments

15 – Market Size by State
– Industry Revenue by State and Rankings

16 – Market Size as a % of State GDP
– Sales as a Percentage

17 – Industry Sales as a % of State Manufacturing
– Sales as a % of Income

18 – Industry Segmentation by Business Size
– Sales as a % of Income

19 – Industry Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll

20 – Industry Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll

21 – Industry Market Share of Top 50 Companies
– Market Share & Total Revenue for 2018 versus 2023

22 – Subsector Market Share of Top 50 Companies
– Market Share & Total Revenue for 2018 versus 2023

23 – Industry Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll

24 – Revenue per Company by State
– Revenue per Company

25 – Revenue per Company by Segments
– Business Size, Concentration, & Structure

26 – Revenue per Facility by State
– Sales per Facility & State Ranking

27 – Revenue per Facility by Segment
– Business Size, Concentration, & Structure

28 – Subsector Growth
– Sales and 5-Year Growth

29 – Subsector Statistics
– Sales per Company & Facility, and 5-Year Growth

30 – Consolidation Analysis
– 5-Year Growth of Companies & Locations

31 – Employment Consolidation Analysis
– 5-Year Growth of Employee Statistics

32 – Subsector Consolidation Analysis
– Number of Companies
– Number of Facilities
– 5-Year Growth

33 – Subsector Consolidation Analysis
– Facilities per Company
– Employees per Company
– 5-Year Growth

SECTION TWO
COST, CAPITAL & PROFIT BENCHMARKS

35 – Profitability & Financial Ratio Analysis
– Percent of Companies that are Profitable
– Average Net Income as a Percent of Revenue
– 10 of the Top Financial Ratios

Page 36 – Balance Sheet Metrics
– Assets and Liabilities indexed to industry revenue at 100
– Current & Non-Current Assets: Cash, Notes & Accounts Receivable, Allowance for Bad Debts, Inventories, Treasuries & Securities, Other Current Assets, Loans to Shareholders / Mortgage, Other Investments, Depreciable Assets, Accumulated Depreciation, Land, Intangible Assets (Amortizable), Accumulated Amortization, Other Assets
– Short-term, Long-term Liabilities, & Net Worth: Accounts Payable, Mortgages, Notes, Bonds due in less than 1 Yr., Other Current Liabilities, Loans from Shareholders, Mortgages, Notes, Bonds > 1 Yr., Other Liabilities, Capital Stock, Additional Paid-in Capital, Retained Earnings, Cost of Treasury Stock

37 – OPEX
– Industry OPEX
– Industry Revenue vs. OPEX Growth
– OPEX as a Percent of Revenue
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

38 – OPEX by Company & Plant
– OPEX per Company
– OPEX per Facility
– Revenue vs. Expenses Growth per Plant
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

Page 39 – OPEX Detail
– Employee Expenses: payroll, insurance, pension, defined contribution plans, fringe benefits, temps
– Cost of Materials: materials, parts, containers, packaging, cost of resale, electricity and fuels, contract work
– Buildings and Equipment: capex for equipment, rental or lease for equipment, capex for buildings and structures, rental or leases, repair and maintenance
– Other Operating Expenses: professional and technical services, IT software and hardware, data processing and communications, advertising, refuse removal, taxes and license fees, other
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies

40 – Production Material Costs
– Top Production Material Costs Breakdown
– % of Total Production Material Cost

41 – Producer Pricing Index
– Annual PPI – Indexed to 2006
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts
– Monthly PPI Figures for the Past 4 Years

42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2020-2023 Historical Figures by Quarter

43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years

44 – Productivity & Industry Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

45 – Employee Productivity by Segments
– Business Size, Concentration, & Structure

46 – Employee Productivity by State
– Revenue per Employee

47 –Subsector Sales & Payroll per Employee
– Absolute & 5-Year Growth

48 – Industry Payroll
– Payroll per Employee
– Payroll per Company
– Payroll per Plant
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

49 – Payroll per Company by Segments
– Business Size, Concentration, & Structure

50 – Payroll per Plant by Segments
– Business Size, Concentration, & Structure

51 – Payroll per Employee by Segments
– Business Size, Concentration, & Structure

52 – Payroll per Employee by State
– Payroll per Employee

53 – Organizational Composition
– % of Employees for 27 Job Categories
– Management & Finance
– Sales & Marketing
– Technology, Engineering, Science
– Service, Support & Training
– Operations

54 – Job Categorization Pay Ranges
– Management & Finance
– Sales, Service & Marketing
– Operations
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

55 – Top 20 Jobs Breakdown
– Percent of Total Employees

56 – Top 20 Jobs Pay
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

57 – Employees per Company by Segments
– Business Size, Concentration, & Structure

58 – Employees per Plant by Segments
– Business Size, Concentration, & Structure

59 – Facilities per Company by Segments
– Business Size, Concentration, & Structure

60 – Total Employment by State
– Number of Employees

61 – Population to Every Employee by State
– Number of Residents to Industry Employee
– State Rankings

62 – Employees per Facility by State
– Average Number of Employees per Facility
– State Rankings

63 – Overview of Kentley Insights


Data Source & Forecast Methodology


For this report, the core data is sourced from comprehensive business, operational, and economic surveys conducted by government and private institutions and filled out by a statistically significant number of companies in the steel wire drawing industry. The forecasts in the report are modeled by our research analysts using the latest economic forecasts, industry analysis, and historical trends.

Download a Sample Report


Below is a free sample report download. The 2024 Steel Wire Drawing Market Research Report has the same format and data sets.

Wood Kitchen Cabinet Countertop Manufacturing Report

Report Details


Report: Steel Wire Drawing Industry Market Research Report

Number of Pages: 63

Format: PDF

Price: $295

Support Contact:
Email us at support@kentleyinsights.com
Call us at 1-800-613-3611

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Rolling and Drawing Of Purchased Steel
Rolled Steel Shape Manufacturing

Industry Jobs Analyzed


Forming Machine Setters, Operators, and Tenders, Metal and Plastic
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic
Laborers and Material Movers, Hand
Welding, Soldering, and Brazing Workers
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Industrial Machinery Installation, Repair, and Maintenance Workers
First-Line Supervisors of Production and Operating Workers
Inspectors, Testers, Sorters, Samplers, and Weighers
Miscellaneous Production Workers
Shipping, Receiving, and Traffic Clerks
Machinists
Maintenance and Repair Workers, General
Sales Representatives, Wholesale and Manufacturing
Miscellaneous Metal Workers and Plastic Workers
Miscellaneous Assemblers and Fabricators
Industrial Truck and Tractor Operators
Crane and Tower Operators
General and Operations Managers
Metal Furnace Operators, Tenders, Pourers, and Casters
Industrial Engineers, Including Health and Safety

Material Cost Categories


Steel wire and wire products
Materials, ingredients, containers, and supplies, nsk
Misc. iron, steel, and ferroalloy ingot, shapes, and forms (excluding castings, forgings, bars, structural, wire, sheet, strip)
Cost of all other materials and components, parts, containers, and supplies consumed
Nonferrous metal shapes, forms, sheet, strip, powder, and wire (excluding castings / forgings), excluding aluminum and copper

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