Aluminum Wire Rods Market in Europe 2017-2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Aluminum Wire Rods Market in Europe 2017-2021" report to their offering.

The report, Aluminum Wire Rods Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is increase in average capacity utilization levels of conductor manufacturers. Currently, the aluminum conductor and cable manufacturers are operating at 60%-70% capacity utilization levels due to the fluctuating demand. The demand fluctuates because the execution phase of T&D lines is generally long, and the procurement of aluminum wire rods for use in conductors is directly linked to the order cycle of conductors, which is dependent on government investments.

According to the report, one of the major drivers for this market is competitive prices and favorable properties of aluminum. Although copper has better conductivity properties than aluminum, there is a possibility that aluminum will replace copper in T&D applications in future. This is attributable to the fact that aluminum is cheaper and its price is not as volatile as that of copper. Aluminum is being successfully used as a conductor in various end-use applications, such as low-voltage transformers.

Key vendors

- Alcoa

- General Cable

- Norsk Hydro

- RUSAL

- Vimetco

Other prominent vendors

- Hindalco

- Hongfan Holdings

- INOTAL

- Lamifil

- National Aluminium Company (NALCO)

- NPA Skawina

- Oman Aluminium Processing Industries (OAPIL)

- Southwire

- TRIMET Aluminium

- Vedanta

Market drivers

- Competitive prices and favorable properties of aluminum

- For a full, detailed list, view the full report

Market challenges

- Volatile raw material prices

- For a full, detailed list, view the full report

Market trends

- Increase in average capacity utilization levels of conductor manufacturers

- For a full, detailed list, view the full report

For more information about this report visit http://www.researchandmarkets.com/research/nm2r6g/aluminum_wire

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wire and Cables

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wire and Cables