APO RESEARCH · REPORT
Cored Wire
Cored wire electrodes, also simply called cored wire, are small tubes filled with metallic or mineral powders, used for steelmaking and casting applications. They are manufactured as wire with the proper diameters in molding or drawing lines. They have higher deposition efficiency than solid wire, which in turn speeds welding tasks. The core of metal-cored wire contributes almost entirely to the deposited weld metal.
Product & engineering
Understand the product.
Cored wire electrodes, also simply called cored wire, are small tubes filled with metallic or mineral powders, used for steelmaking and casting applications. They are manufactured as wire with the proper diameters in molding or drawing lines. They have higher deposition efficiency than solid wire, which in turn speeds welding tasks. The core of metal-cored wire contributes almost entirely to the deposited weld metal.
This report is focused on metallurgical cored wire type. According to the different mental types of core layers, cored wire can be divided into pure calcium, silicon-calcium, pure aluminum, tombarthite and many other kinds. Each kind of alloy cored wire can be divided into different products as well, such as Ca28Si55 and Ca31Si65 and so on.
Selected research
Industry Research
Cored Wire Industry Research Report 2026
Market perspective
Cored wire electrodes, also simply called cored wire, are small tubes filled with metallic or mineral powders, used for steelmaking and casting applications. They are manufactured as wire with the proper diameters in molding or drawing lines. They have higher deposition efficiency than solid wire, which in turn speeds welding tasks. The core of metal-cored wire contributes almost entirely to the deposited weld metal.
This report is focused on metallurgical cored wire type. According to the different mental types of core layers, cored wire can be divided into pure calcium, silicon-calcium, pure aluminum, tombarthite and many other kinds. Each kind of alloy cored wire can be divided into different products as well, such as Ca28Si55 and Ca31Si65 and so on.
Global Cored Wire key players include Anyang Tiefa, Henan Xibao, Harbin, KeDeWei, Sarthak Metals, etc. Global top five manufacturers hold a share about 15%.
Read the full market overview
China is the largest market, with a share about 50%, followed by Europe and North America, both have a share over 30 percent.
In terms of product, CaSi is the largest segment, with a share about 45%. And in terms of application, the largest application is Steel-making, followed by Casting, etc.
Report Scope
This report quantifies the global Cored Wire market in revenue (US$ million) and, where applicable, sales volume (K t), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K t) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Cored Wire.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Cored Wire Market by Company
Sarthak Metals
Anyang Chunyang
Anyang Tiefa
Anyang Wanhua
Henan Xibao
Harbin KeDeWei
Anyang Changxin Special Alloy
Wuxi Novel Special Metal
TUF Group
FSM
OFZ, a. s.
McKeown
Cored Wire Segment by Type
Calcium Silicide Cored Wire (CaSi)
Calcium Solid Cored Wire (Ca)
Pure Carbon Cored Wire (C)
Ferro Calcium Cored Wire (CaFe)
Others
Cored Wire Segment by Application
Steelmaking
Iron Casting
Others
Cored Wire Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Cored Wire market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Cored Wire and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Cored Wire.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Cored Wire manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Cored Wire by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Cored Wire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Calcium Silicide Cored Wire (CaSi)
- Calcium Solid Cored Wire (Ca)
- Pure Carbon Cored Wire (C)
- Ferro Calcium Cored Wire (CaFe)
- Others
Applications
- Steelmaking
- Iron Casting
- Others
Companies covered
- Sarthak Metals
- Anyang Chunyang
- Anyang Tiefa
- Anyang Wanhua
- Henan Xibao
- Harbin KeDeWei
- Anyang Changxin Special Alloy
- Wuxi Novel Special Metal
- TUF Group
- FSM
- OFZ, a. s.
- McKeown
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Cored Wire by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Calcium Silicide Cored Wire (CaSi)
- 2.2.3 Calcium Solid Cored Wire (Ca)
- 2.2.4 Pure Carbon Cored Wire (C)
- 2.2.5 Ferro Calcium Cored Wire (CaFe)
- 2.2.6 Others
- 2.3 Cored Wire by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Steelmaking
- 2.3.3 Iron Casting
- 2.3.4 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Cored Wire Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Cored Wire Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Cored Wire Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Cored Wire Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Cored Wire Production by Manufacturers (2021-2026)
- 3.2 Global Cored Wire Production Value by Manufacturers (2021-2026)
- 3.3 Global Cored Wire Average Price by Manufacturers (2021-2026)
- 3.4 Global Cored Wire Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Cored Wire Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Cored Wire Manufacturers, Product Type & Application
- 3.7 Global Cored Wire Manufacturers Established Date
- 3.8 Global Cored Wire Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Sarthak Metals
- 4.1.1 Sarthak Metals Cored Wire Company Information
- 4.1.2 Sarthak Metals Cored Wire Business Overview
- 4.1.3 Sarthak Metals Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Sarthak Metals Product Portfolio
- 4.1.5 Sarthak Metals Recent Developments
- 4.2 Anyang Chunyang
- 4.2.1 Anyang Chunyang Cored Wire Company Information
- 4.2.2 Anyang Chunyang Cored Wire Business Overview
- 4.2.3 Anyang Chunyang Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Anyang Chunyang Product Portfolio
- 4.2.5 Anyang Chunyang Recent Developments
- 4.3 Anyang Tiefa
- 4.3.1 Anyang Tiefa Cored Wire Company Information
- 4.3.2 Anyang Tiefa Cored Wire Business Overview
- 4.3.3 Anyang Tiefa Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Anyang Tiefa Product Portfolio
- 4.3.5 Anyang Tiefa Recent Developments
- 4.4 Anyang Wanhua
- 4.4.1 Anyang Wanhua Cored Wire Company Information
- 4.4.2 Anyang Wanhua Cored Wire Business Overview
- 4.4.3 Anyang Wanhua Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Anyang Wanhua Product Portfolio
- 4.4.5 Anyang Wanhua Recent Developments
- 4.5 Henan Xibao
- 4.5.1 Henan Xibao Cored Wire Company Information
- 4.5.2 Henan Xibao Cored Wire Business Overview
- 4.5.3 Henan Xibao Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Henan Xibao Product Portfolio
- 4.5.5 Henan Xibao Recent Developments
- 4.6 Harbin KeDeWei
- 4.6.1 Harbin KeDeWei Cored Wire Company Information
- 4.6.2 Harbin KeDeWei Cored Wire Business Overview
- 4.6.3 Harbin KeDeWei Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Harbin KeDeWei Product Portfolio
- 4.6.5 Harbin KeDeWei Recent Developments
- 4.7 Anyang Changxin Special Alloy
- 4.7.1 Anyang Changxin Special Alloy Cored Wire Company Information
- 4.7.2 Anyang Changxin Special Alloy Cored Wire Business Overview
- 4.7.3 Anyang Changxin Special Alloy Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Anyang Changxin Special Alloy Product Portfolio
- 4.7.5 Anyang Changxin Special Alloy Recent Developments
- 4.8 Wuxi Novel Special Metal
- 4.8.1 Wuxi Novel Special Metal Cored Wire Company Information
- 4.8.2 Wuxi Novel Special Metal Cored Wire Business Overview
- 4.8.3 Wuxi Novel Special Metal Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Wuxi Novel Special Metal Product Portfolio
- 4.8.5 Wuxi Novel Special Metal Recent Developments
- 4.9 TUF Group
- 4.9.1 TUF Group Cored Wire Company Information
- 4.9.2 TUF Group Cored Wire Business Overview
- 4.9.3 TUF Group Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 TUF Group Product Portfolio
- 4.9.5 TUF Group Recent Developments
- 4.10 FSM
- 4.10.1 FSM Cored Wire Company Information
- 4.10.2 FSM Cored Wire Business Overview
- 4.10.3 FSM Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 FSM Product Portfolio
- 4.10.5 FSM Recent Developments
- 4.11 OFZ, a. s.
- 4.11.1 OFZ, a. s. Cored Wire Company Information
- 4.11.2 OFZ, a. s. Cored Wire Business Overview
- 4.11.3 OFZ, a. s. Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 OFZ, a. s. Product Portfolio
- 4.11.5 OFZ, a. s. Recent Developments
- 4.12 McKeown
- 4.12.1 McKeown Cored Wire Company Information
- 4.12.2 McKeown Cored Wire Business Overview
- 4.12.3 McKeown Cored Wire Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 McKeown Product Portfolio
- 4.12.5 McKeown Recent Developments
5 Global Cored Wire Production by Region
- 5.1 Global Cored Wire Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Cored Wire Production by Region: 2021-2032
- 5.2.1 Global Cored Wire Production by Region: 2021-2026
- 5.2.2 Global Cored Wire Production Forecast by Region (2027-2032)
- 5.3 Global Cored Wire Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Cored Wire Production Value by Region: 2021-2032
- 5.4.1 Global Cored Wire Production Value by Region: 2021-2026
- 5.4.2 Global Cored Wire Production Value Forecast by Region (2027-2032)
- 5.5 Global Cored Wire Market Price Analysis by Region (2021-2026)
- 5.6 Global Cored Wire Production and Value, YOY Growth
- 5.6.1 North America Cored Wire Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Cored Wire Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Cored Wire Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Cored Wire Production Value Estimates and Forecasts (2021-2032)
6 Global Cored Wire Consumption by Region
- 6.1 Global Cored Wire Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Cored Wire Consumption by Region (2021-2032)
- 6.2.1 Global Cored Wire Consumption by Region: 2021-2026
- 6.2.2 Global Cored Wire Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Cored Wire Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Cored Wire Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Cored Wire Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Cored Wire Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Cored Wire Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Cored Wire Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Cored Wire Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Cored Wire Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Cored Wire Production by Type (2021-2032)
- 7.1.1 Global Cored Wire Production by Type (2021-2032) & (K t)
- 7.1.2 Global Cored Wire Production Market Share by Type (2021-2032)
- 7.2 Global Cored Wire Production Value by Type (2021-2032)
- 7.2.1 Global Cored Wire Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Cored Wire Production Value Market Share by Type (2021-2032)
- 7.3 Global Cored Wire Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Cored Wire Production by Application (2021-2032)
- 8.1.1 Global Cored Wire Production by Application (2021-2032) & (K t)
- 8.1.2 Global Cored Wire Production Market Share by Application (2021-2032)
- 8.2 Global Cored Wire Production Value by Application (2021-2032)
- 8.2.1 Global Cored Wire Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Cored Wire Production Value Market Share by Application (2021-2032)
- 8.3 Global Cored Wire Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Cored Wire Value Chain Analysis
- 9.1.1 Cored Wire Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Cored Wire Production Mode & Process
- 9.2 Cored Wire Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Cored Wire Distributors
- 9.2.3 Cored Wire Customers
10 Global Cored Wire Analyzing Market Dynamics
- 10.1 Cored Wire Industry Trends
- 10.2 Cored Wire Industry Drivers
- 10.3 Cored Wire Industry Opportunities and Challenges
- 10.4 Cored Wire Industry Restraints
11 Report Conclusion
12 Disclaimer
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