Lucintel Forecasts The Global Copper Wire Rod Market To Grow With A Cagr Of 4.5% From 2024 To 2030

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According to a market report by Lucintel, the future of the global copper wire rod market looks promising with opportunities in the telecommunications, power cables, building wires, aerospace industry, automotive harnesses, and energy and heat transfer markets. The global copper wire rod market is expected to grow with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are rapid urbanization and industrialization, infrastructure development worldwide, and high adaption of copper wire rods in the telecommunication sector.
A more than 150-page report to understand trends, opportunity and forecast in global copper wire rod market to 2030 by type (OD below 0.3 inches, OD 0.3-0.6 inches, and OD above 0.6 inches), end use industry (telecommunications, power cables, building wires, aerospace industry, automotive harnesses, energy and heat transfer, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that od 0.3-0.6 inches is expected to witness highest growth over the forecast period due to high usage in electrical, automotive, and electronic sectors, ...
... among others.
Within this market, telecommunications will remain the largest segment due to increasing demand for high-speed data transfer services across the globe.
Download sample by clicking on copper wire rod market.
APAC is expected to witness highest growth over the forecast period due to growth of telecommunication, power cables, building wires, and automotive harnesses industries in this region.
Sumitomo Electric, AURUBIS, Mitsubishi Materials, Liljedahl, KGHM, Bajoria, Koãƒâ§Bay Metal, Artyomovsk Non-Ferrous Metals Processing Works, TDT Copper, DUCAB are the major suppliers in the copper wire rod market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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