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Steel Wire Drawing (NAICS 331222) Industry Market Research Report

Steel Wire Drawing - Market Size and Forecast

The Steel Wire Drawing report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Steel Wire Drawing Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Steel Wire Drawing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Steel Wire Drawing companies in the United States.

Steel Wire Drawing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesSteel Wire Drawing
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Steel Wire Drawing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Steel Wire Drawing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Steel Wire Drawing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Steel wire drawing


Noninsulated ferr. wire rope/cable/assemblies, wire drawing

Noninsulated ferrous wire forms & strand, wire drawing plants

Noninsulated ferrous wire rope//etc., wire drawing plants, nsk

Steel nails/staples/tacks/spikes/brads, wire drawing plants

Steel nails made in plants that draw wire

Steel staples, tacks, spikes, and brads, wire drawing plants

Steel nails, staples, tacks, etc., wire drawing plants, nsk

Steel wire, incl. galvanized/other coated, wire drawing plants

Steel fencing and fence gates, made in plants that draw wire

Steel Wire Drawing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%


Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations9%
Installation, Maintenance, and Repair Occupations8%
Other Installation, Maintenance, and Repair Occupations7%
Production Occupations56%
Metal Workers and Plastic Workers40%
Forming Machine Setters, Operators, and Tenders, Metal and Plastic13%
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic7%
Rolling Machine Setters, Operators, and Tenders, Metal and Plastic5%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic11%
Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic6%
Other Production Occupations9%
Transportation and Material Moving Occupations11%
Material Moving Workers10%
Laborers and Material Movers, Hand6%

Government Contracts

In 2008, the federal government spent a total of $3,578,331 on the steel wire drawing industry. It has awarded 134 contracts to 71 companies, with an average value of $50,399 per company.

Steel Wire Drawing and Adjacent Industries - Top Companies

($ Millions)


Steel Wire Drawing Industry Report
GeographyUnited States  
Publication DateOctober 2020
Report FormatPDF Download  

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