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Aluminum Magnesium Alloy Wire Market, Global Outlook and Forecast 2023-2030

Aluminum Magnesium Alloy Wire Market, Global Outlook and Forecast 2023-2030

  • Published on : 06 December 2023
  • Pages :76
  • Report Code:SMR-7869253

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Report overview

Aluminium Magnesium Alloy is one of the typical wire coating materials. The addition of manganese to aluminium increases strength somewhat through solution strengthening and improves strain hardening while not appreciably reducing ductility or corrosion resistance. The major composition of Al-Mg alloy wire is aluminium. A small amount of magnesium is added to enhance the strength. With excellent anti-corrosion property, lightweight, low density, good heat radiation, and strong resistance to pressure.
This report aims to provide a comprehensive presentation of the global market for Aluminum Magnesium Alloy Wire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminum Magnesium Alloy Wire. This report contains market size and forecasts of Aluminum Magnesium Alloy Wire in global, including the following market information:
Global Aluminum Magnesium Alloy Wire Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Aluminum Magnesium Alloy Wire Market Sales, 2018-2023, 2024-2030, (Kiloton)
Global top five Aluminum Magnesium Alloy Wire companies in 2022 (%)
The global Aluminum Magnesium Alloy Wire market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Aluminum Grade: 5050 Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Aluminum Magnesium Alloy Wire include Advanced Refractory Metals, CHAL Aluminum Corporation, Shanghai Metal Corporation, HANGZHOU ZION COMMUNICATION, Chang Rong Aluminum Inductry, Hongji Aluminum Shape Material, Paramhans Wires and Helton Group, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Aluminum Magnesium Alloy Wire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aluminum Magnesium Alloy Wire Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Aluminum Magnesium Alloy Wire Market Segment Percentages, by Type, 2022 (%)
Aluminum Grade: 5050
Aluminum Grade: 5052
Aluminum Grade: 5056
Aluminum Grade: 5154
Global Aluminum Magnesium Alloy Wire Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Aluminum Magnesium Alloy Wire Market Segment Percentages, by Application, 2022 (%)
Braid Wire
Shied Wired Tube
Cable
The Petrochemical Industry
Hydraulic Electric Engineering.
Port and Pier
Water Supply
Others
Global Aluminum Magnesium Alloy Wire Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Aluminum Magnesium Alloy Wire Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aluminum Magnesium Alloy Wire revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Aluminum Magnesium Alloy Wire revenues share in global market, 2022 (%)
Key companies Aluminum Magnesium Alloy Wire sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Aluminum Magnesium Alloy Wire sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Advanced Refractory Metals
CHAL Aluminum Corporation
Shanghai Metal Corporation
HANGZHOU ZION COMMUNICATION
Chang Rong Aluminum Inductry
Hongji Aluminum Shape Material
Paramhans Wires
Helton Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aluminum Magnesium Alloy Wire, market overview.
Chapter 2: Global Aluminum Magnesium Alloy Wire market size in revenue and volume.
Chapter 3: Detailed analysis of Aluminum Magnesium Alloy Wire manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Aluminum Magnesium Alloy Wire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Aluminum Magnesium Alloy Wire capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.