Global Aluminum conductor market increase 2.63% in next 5 years


According to the international market research firm Research and Markets latest report, 2017-2021, the global aluminum guide market compound annual growth rate of about 2.63%.

Report that the ACSR, aluminum alloy stranded, all-aluminum conductor is the largest demand for aluminum-guided products.

From the current point of view, due to fluctuations in demand, the global aluminum guide and aluminum cable manufacturers operating rate of about 60-70%. The main reason for the fluctuation of demand is the type of transmission and distribution system upgrading, which is still largely dependent on government investment.

The report predicts that by 2017-2021, due to government investment in the transmission and distribution system is stable and likely to rise, which will promote the aluminum guide and aluminum cable manufacturers to further improve the average capacity utilization.

From the enterprise point of view, General Cable, Nexansen, Prysmian, South Line cable and the Indian technology company will become the world's leading aluminum guide cable manufacturers. At the same time, Apar Industries, Far East Cable (now renamed "Smart Energy") will also become very competitive manufacturers and global giants compete for the market.