Asia Pacific Aluminum Wire Market Size & Outlook
Asia Pacific aluminum wire market, -2030 (US$M)
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Asia Pacific aluminum wire market highlights
- The Asia Pacific aluminum wire market generated a revenue of USD 27,214.9 million in 2024.
- The market is expected to grow at a CAGR of 6.4% from 2025 to 2030.
- In terms of segment, electrical was the largest revenue generating product in 2024.
- Electrical is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 27,214.9 million |
| Market revenue in 2030 | USD 39,495.5 million |
| Growth rate | 6.4% (CAGR from 2024 to 2030) |
| Largest segment | Electrical |
| Fastest growing segment | Electrical |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electrical, Mechanical |
| Key market players worldwide | Kaiser Aluminum Corp, Prysmian SpA, Southwire Company, Cerro Wire, Nexans, Sumitomo Electric Industries Ltd ADR, Southern Cable Group, Ducab, Norsk Hydro ASA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 80.2% of the global aluminum wire market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39,495.5 million by 2030.
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Aluminum Wire Market Scope
Aluminum Wire Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific aluminum wire market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum wire market will help companies and investors design strategic landscapes.
Electrical was the largest segment with a revenue share of 79.14% in 2022. Horizon Databook has segmented the Asia Pacific aluminum wire market based on electrical, mechanical covering the revenue growth of each sub-segment from to 2030.
Asia Pacific held the largest revenue share of 74.2% in the global aluminum wire market in 2020 Increasing investments in power grid infrastructure, rising renewable energy generation, increasing electricity consumption, and growing investments in telecom and EV industries are some of the prominent factors contributing to the demand for aluminum wires in Asia Pacific.
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Target buyers of Asia Pacific aluminum wire market databook
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Our clientele includes a mix of aluminum wire market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific aluminum wire market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific aluminum wire market from to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific aluminum wire market
Asia Pacific Aluminum Wire Market Outlook Share, 2022 & 2030 (US$M)
Asia Pacific aluminum wire market
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