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Key Market Trends Growing Demand from the Construction Industry Copper stranded wires are used for electric supply and can be installed at both the residential and industrial level. One of the major end users for the copper stranded market is the construction industry. According to a study by Institution of Civil Engineers (ICE), the global construction industry is expected to reach USD 8 trillion by 2030, primarily driven by China, India, and the United States region. Globally, Asia-Pacific has the largest construction market which is led by India, China, and various South-east Asian count...

Press release content from Business Wire. The AP news staff was not involved in its creation. Worldwide Copper Stranded Wire Industry to 2025 - Growing Demand from the Construction Industry - ResearchAndMarkets.com January 19, 2021 GMT DUBLIN--(BUSINESS WIRE)--Jan 19, 2021-- The copper stranded wire market is expected to register a CAGR of over 1% during the forecast period. The major factors driving the market studied include the increasing energy requirement and developments of products with more flexible and functional applications. ADVERTISEMENT Loss of energy due to the proximity effect ...

Share: ResearchAndMarkets.com's offering. The copper stranded wire market is expected to register a CAGR of over 1% during the forecast period. The major factors driving the market studied include the increasing energy requirement and developments of products with more flexible and functional applications. Loss of energy due to the proximity effect is expected to significantly hinder the growth of the market studied. Asia-Pacific is expected to dominate the global market during the forecast period. Increasing usage in infrastructure, telecommunications, energy, etc., activities in emerging ...