According to a market report by Lucintel, the future of the global copper clad steel wire market looks promising with opportunities in the electrical and electronics, telecommunication, and power generation markets. The global copper clad steel wire market is expected to grow with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are high demand for wires made of copper clad steel from various end use industries owing to its enhanced resistance to corrosion and elevated mechanical strength capabilities.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in copper clad steel wire market to 2030 by product type (stranded wire and grounding rods), application (electrical and electronics, telecommunication, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that stranded wire will remain the larger segment over the forecast period due to more flexible, intricate, and delicate.
Within this market, electrical and electronics will remain the largest segment.
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North America will remain the largest region over the forecast period due to high demand for consumer electronics in the region.
Fisk Alloy, Southwire Company, AFL, MWS Wire Industries, Copperhead Industries, Shanghai Metal, and Zhejiang Baichuan are the major suppliers in the copper clad steel wire 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 [email protected]To get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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