Revenue, 2022 (US$M)
$0.0
Forecast, 2030 (US$M)
$0.0
CAGR, 2023 - 2030
0%
Report Coverage
Canada

Canada aluminum wire market highlights

  • The Canada aluminum wire market generated a revenue of USD 207.1 million in 2024 and is expected to reach USD 267.7 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.4% 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.

Aluminum wire market data book summary

Market revenue in 2024USD 207.1 million
Market revenue in 2030USD 267.7 million
Growth rate4.4% (CAGR from 2024 to 2030)
Largest segmentElectrical
Fastest growing segmentElectrical
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationElectrical, Mechanical
Key market players worldwideKaiser 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, Canada accounted for 0.6% of the global aluminum wire market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. aluminum wire market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 217.5 million by 2030.

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Aluminum Wire Market Scope

Aluminum Wire Market Companies

Name Profile # Employees HQ Website

Canada 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 80.59% in 2022. Horizon Databook has segmented the Canada aluminum wire market based on electrical, mechanical covering the revenue growth of each sub-segment from to 2030.


The increasing number of construction projects in Canada are anticipated to propel the demand for aluminum wires in the country over the forecast period. As of April 2020, some key upcoming high-rise residential and transportation construction projects in Canada include Longueuil TOD.

Transport Oriented Development) Project, Place Gare Viger Mixed-Use Development, Union Park, Stuart Lake Hospital Redevelopment Project, Lebreton Flats Master Concept Plan, Oxford Place, and Ells River Oil Sands Facility.

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Target buyers of Canada aluminum wire market databook

  • Our clientele includes a mix of aluminum wire market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 country-level data and insights on the Canada aluminum wire market , including forecasts for subscribers. This country databook contains high-level insights into Canada aluminum wire market from to 2030, including revenue numbers, major trends, and company profiles.

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Canada aluminum wire market

Canada Aluminum Wire Market Outlook Share, 2022 & 2030 (US$M)

Canada aluminum wire market

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