Wire rod is a rolled alloy or non-alloy steel product, produced from a semi (e.g. bloom) and having a round, rectangular or other cross-section. Aluminum wire rod is made of Aluminum.
At present, in the foreign industrial developed countries the Aluminum Wire Rod industry is generally at a more advanced level, the world's large enterprises and production are mainly concentrated in the United States, Europe, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as Chinese Aluminum Wire Rod production enterprise technology continues to improve, in 2015, Chinese production accounts for over 37% of the world total production, coupled with some Chinese new production lines will be put into operation in future, Chinese market share will surely increase.
Now, the leading manufacturers of Aluminum Wire Rod located in the China, USA, Europe, such as Vmetco (Europe), UC RUSAL (Europe), Inotal (Europe), Hydro (Europe), Southwire (USA), Alro (USA), Baotou Aluminum(Group)Co.,Ltd.(China), Hongfan Holdings Ltd. (China), Vedanta (India), SOUTHERN CABLE (Malaysia), occupied 42.62% market share in 2015, followed by Hindalco Industries Limited (India), NALCO (India), Serlite (India) and Noranda (USA), they occupied 4.92 market share in 2015.
New enterprise can cooperate with the leading company, such as Baotou Aluminum(Group)Co.,Ltd, and also must strengthen the study of the product, to promote the company's products to obtain industry competitiveness and market share. Although Aluminum Wire Rod brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Aluminum Wire Rod market will register a 1.5% CAGR in terms of revenue, the global market size will reach US$ 16560 million by 2024, from US$ 15400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Aluminum Wire Rod business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Wire Rod market by product type, application, key manufacturers and key regions and countries.
This study considers the Aluminum Wire Rod value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electrical
Alloy
Mechanical
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Conductors and Cables
Mechanical Applications
Deoxidization
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Baotou Aluminum
Vedanta
Vimetco
UC RUSAL
Southwire
Hongfan
Alro
Hydro
Southern Cable
Noranda Aluminum
Hindalco
OAPIL
Inotal
NALCO
Sterlite
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Aluminum Wire Rod consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Aluminum Wire Rod market by identifying its various subsegments.
Focuses on the key global Aluminum Wire Rod manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aluminum Wire Rod with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Aluminum Wire Rod submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Aluminum Wire Rod . Industry analysis & Market Report on Aluminum Wire Rod is a syndicated market report, published as Global Aluminum Wire Rod Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Aluminum Wire Rod market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.