Global Aluminum Wire Rod Market Insights, Forecast to 2025

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.
Global Aluminum Wire Rod market size will increase to 17370 Million US$ by 2025, from 15740 Million US$ in 2018, at a CAGR of 1.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Aluminum Wire Rod.

This report researches the worldwide Aluminum Wire Rod market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Aluminum Wire Rod breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Baotou Aluminum
Vedanta
Vimetco
UC RUSAL
Southwire
Hongfan
Alro
Hydro
Southern Cable
Noranda Aluminum
Hindalco
OAPIL
Inotal
NALCO
Sterlite

Aluminum Wire Rod Breakdown Data by Type
Electrical
Alloy
Mechanical
Aluminum Wire Rod Breakdown Data by Application
Conductors and Cables
Mechanical Applications
Deoxidization

Aluminum Wire Rod Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

Aluminum Wire Rod Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Aluminum Wire Rod capacity, production, value, consumption, status and forecast;
To focus on the key Aluminum Wire Rod manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.

In this study, the years considered to estimate the market size of Aluminum Wire Rod :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.