Global aluminum wire market expected to reach around USD 59,554 million by 2026, growing at a CAGR of around 2% between 2019 and 2026. The rising demand for aluminum wires is considerably growing in electrical and automotive industries, which is driving the global aluminum wire market.
Aluminum Wire Market
The report covers a forecast and an analysis for the aluminum wire market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2019 to 2026 based on both volume (Kilotons) and revenue (USD Million). The study includes drivers and restraints of the aluminum wire market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aluminum wire market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the aluminum wire market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the aluminum wire market by segmenting the market on product type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.
Some key participants operating in the global aluminum wire market are General Cable, Southwire, Nexans, REA, Sam Dong, HongFan Holdings, Norsk Hydro, RUSAL, Vedanta Resources, and Vimetco.
Global Aluminum Wire Market: Product Analysis
Global Aluminum Wire Market: Application Analysis
Global Aluminum Wire Market: Regional Analysis