Global Aluminum Wire Rod Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Aluminum Wire Rod Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Aluminum Wire Rod market size was valued at USD 10350 million in 2022 and is forecast to a readjusted size of USD 13120 million by 2029 with a CAGR of 3.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key producers of round aluminum rods are Xinfa Group, UC RUSAL, YuanWang Electronics, Vedanta, Sichuan Julong, East Hope, Hindalco, Southwire, Yihe Rare Earth Aluminum, and others. The top three producers have a total market share of 35%, with Xinfa Group being the largest producer with a 15% market share. The global origins are mainly located in Europe, China, Japan, India, Southeast Asia, etc. In terms of product categories, EC grade holds 55% of the market share and alloy grade holds 30%. In terms of applications, the power and communication industry is the top application area with a 70% market share and the machanical industry with a 15% share.

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 is a detailed and comprehensive analysis for global Aluminum Wire Rod market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Aluminum Wire Rod market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global Aluminum Wire Rod market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global Aluminum Wire Rod market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global Aluminum Wire Rod market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Aluminum Wire Rod

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Aluminum Wire Rod market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Aluminum Corporation of China, Vedanta, Vimetco, UC RUSAL and Norsk Hydro, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Aluminum Wire Rod market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
EC Grade
Alloy Grade
Flipped Grade

Market segment by Application
Power and Communications
Mechanical Industry
Other Industry

Major players covered
Aluminum Corporation of China
Vedanta
Vimetco
UC RUSAL
Norsk Hydro
Aditya Birla (Hindalco)
OAPIL
Inotal
NALCO
Sumitomo Electric
NPA Skawina
Arfin India
Alucast
Southwire
Xinfa Group
Sichuan Julong
Shandong Innovation Metal
East Hope
Yihe Rare Earth Aluminum

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Aluminum Wire Rod product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Aluminum Wire Rod, with price, sales, revenue and global market share of Aluminum Wire Rod from 2018 to 2023.

Chapter 3, the Aluminum Wire Rod competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Aluminum Wire Rod breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Aluminum Wire Rod market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Aluminum Wire Rod.

Chapter 14 and 15, to describe Aluminum Wire Rod sales channel, distributors, customers, research findings and conclusion.