According to a study released this month Technavio predicts that by 2019, global consumption of aluminum wire rod market is expected to nearly 6.76 million tons.

Technavio metals and minerals, principal analyst at research department Chandrakumar said, "due to rising demand and other South Asian countries, especially China and India, aluminum wire production capacity in the Asia Pacific region in the coming years will show a continued growth. In India, for example, due to the investment growth in many areas, consumer confidence and improve the business environment in India will contribute to growth in demand for aluminum wire. At the same time, India manufacturing planning and everyone has electricity 2019 deployment plan will translate into market demand for aluminum wire. "

The largest application market: cable

From the use of point of view, 2014, the global market for cable use aluminum wire 396 tons, accounting for 64.29% of the total. Aluminum is often used in power transmission and distribution cables. But now, the aluminum cable is also mainly used for low-voltage electrical field.

ransmission and distribution of electrical grade aluminum rod helps application aluminum cable production, followed by grade alloy aluminum rod. Currently, the overhead wires as electrical grade aluminum rod material must comply with ASTM-233, BS2627, H12 / 14 level and other standards or other specifications of any other customer requirements. As aluminum guide rod material will need to comply with ASTM-233, BS2627, H0-class standards, specifications or any other customer requirements.

The second largest application market: mechanical applications

In 2014, the global market for mechanical applications of aluminum wire consumption was 120 million tons, accounting for 19.48 percent of the total. Aluminum wire mesh or metal often electric fence wire and other forms for a variety of mechanical applications. This is mainly because of corrosion-resistant aluminum, and therefore lower maintenance costs, can be used for different types of fences, such as chain link fence, fence and so on.

The third largest application market: deoxy material

Aluminum is often used as a deoxidizing agent of steel elements. In 2014, aluminum wire for deoxygenation material consumption accounted for 16.23% of the total. In the steel-making process, the average aluminum consumption per ton of crude steel production in standard between 0.75 and 3.2 kg. Low volume is typically associated with semi-finished steel, finished steel volume is needed more aluminum wire. According to forecasts, by 2019, the steel industry compound annual growth rate of about 2.33%, which means that in the same period the market demand for aluminum wire will also grow steadily.