Aluminium Wire Rod Market, Global Outlook and Forecast 2023-2030

The global Aluminium Wire Rod market was valued at US$ 17160 million in 2022 and is projected to reach US$ 18840 million by 2029, at a CAGR of 1.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Aluminium Wire Rod market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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The China market for Global Aluminium Wire Rod market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Aluminium Wire Rod market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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.

This report aims to provide a comprehensive presentation of the global market for Aluminium Wire Rod, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminium Wire Rod. This report contains market size and forecasts of Aluminium Wire Rod in global, including the following market information:

Global Aluminium Wire Rod Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global Aluminium Wire Rod Market Sales, 2018-2023, 2024-2030, (K MT)

Global top five Aluminium Wire Rod companies in 2022 (%)

Global Aluminum Wire Rod key players include Baotou Aluminum, UC RUSAL, Southwire, Hongfan, Alro, etc. Global top five manufacturers hold a share over 25%.

China is the largest market, with a share over 45%, followed by North America and Europe, both have a share over 25 percent.

In terms of product, Electrical is the largest segment, with a share about 60%. And in terms of application, the largest application is Conductors and Cables, followed by Mechanical Applications.

We surveyed the Aluminium Wire Rod manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Aluminium Wire Rod Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Aluminium Wire Rod Market Segment Percentages, by Type, 2022 (%)

• 1024 Type

• 2011 Type

• 6063 Type

• Others

Global Aluminium Wire Rod Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Aluminium Wire Rod Market Segment Percentages, by Application, 2022 (%)

• Aerospace

• Automobile

• Architecture

• Others

Global Aluminium Wire Rod Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Aluminium Wire Rod Market Segment Percentages, By Region and Country, 2022 (%)

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

• The Middle East and Africa (Middle East, Africa)

• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Aluminium Wire Rod revenues in global market, 2018-2023 (Estimated), ($ millions)

• Key companies Aluminium Wire Rod revenues share in global market, 2022 (%)

• Key companies Aluminium Wire Rod sales in global market, 2018-2023 (Estimated), (K MT)

• Key companies Aluminium Wire Rod sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Norsk Hydro

• NPA Skawina

• Midal Cables

• Boryszew S.A

• Murti Udyog Ltd

Outline of Major Chapters:

Chapter 1: Introduces the definition of Aluminium Wire Rod, market overview.

Chapter 2: Global Aluminium Wire Rod market size in revenue and volume.

Chapter 3: Detailed analysis of Aluminium Wire Rod manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: 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 6: Sales of Aluminium Wire Rod 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 of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Aluminium Wire Rod capacity by region & country.

Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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