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2017-2021 compound aluminum guide market in the world by 2.63%

2 years ago 1308 0 News

The outlook for the global aluminum market is booming

According to the latest international market research firm Research and Markets report. 


2017-2021, the global aluminum market a compound annual growth rate of about 2.63%.


Report that, steel-cored aluminum strand wire, aluminum wire, aluminum conductor is present in greatest need of aluminum products.

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Aluminum market demand volatility

At present, due to fluctuations in demand, global manufacturer of aluminum and aluminum cable starts around heads. 


Demand fluctuations, mainly due to the type of transmission and distribution system upgrades, this is to a large extent depend on government investment.


Are expected in the report, 2017-2021, stable due to government investment in transmission and distribution systems and may qugao, this will also promote the aluminum and aluminium cable manufacturer's average capacity utilization improved further.

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From an enterprise view, General cable, Nexans, PRYSMIAN, South line cables as well as India, technology companies will become the world's leading manufacturer of aluminum tube aluminum cable. 


Meanwhile, Apar Industries, far East cable (now renamed the "smart energy"), will also become very competitive producers competing with global giants to market.

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