Wire Rod Market Share, Size, and Outlook by 2031
Wire Rod Market: Strategic Insights
Wire Rod Market
-
CAGR (2023 - 2031)3.6% -
Market Size 2023
US$ 1,678.14 Million -
Market Size 2031
US$ 2,225.04 Million
Market Dynamics
GROWTH DRIVERS
- Increasing Construction and Infrastructure Development Activities
FUTURE TRENDS
- Rising Adoption of Electric Vehicles
OPPORTUNITIES
- Growing Investments in Electric Power Transmission and Distribution
Key Players
- Mitsubishi Materials Trading Corp
- APAR Industries Ltd
- Hindalco Industries Ltd
- Norsk Hydro ASA
- Leebo Metals Pvt Ltd
- Sumitomo Electric Industries Ltd
- Vedanta Aluminium and Power Ltd
- United Co RUSAL Plc and Vimetco NV
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Material
- Copper
- Aluminium
Industry
- Telecommunication
- Power
- Aviation
- Automotive