Copper magnet wire coated with a very thin insulating layer. It is used to construct transformers, inductors, motors, speakers, hard disk head actuators, electromagnets and other applications that require tight coil insulation. The wire itself is usually fully annealed electrolytically refined copper.
Increasing of industrial and research fields expenditures and the demand of new energy vehicles drives the growth of the market. Developing regions such as Southeast Asia and India has great potential. Vendors recognize the importance of this region, and are working towards penetrating this market by strengthening their sales and distribution network.Asia-Pacific is the dominant consumption and export country of magnet wire, according about 60% of the total amount. China is the biggest production country of magnet wire, Even though a huge space for growth in the Asia-Pacific market exists, the quality and technology should further improve.
The Copper Magnet Wire market was valued at 22 Million US$ in 2018 and is projected to reach 26 Million US$ by 2025, at a CAGR of 2.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Copper Magnet Wire.
This report presents the worldwide Copper Magnet Wire market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter\'s Five Forces Analysis.
The following manufacturers are covered in this report:
Tongling Copper Crown Electrical
Ronsen Super Micro-Wire
GOLD CUP ELECTRIC
Shenmao Magnet Wire
Tianjin Jing Wei Electric Wire
Copper Magnet Wire Breakdown Data by Type
Round Magnet Wire
Flat Magnet Wire
In 2018, Round Magnet Wire accounted for a major share of 67% in the global Copper Magnet Wire market. And this product segment is poised to reach 15901 M USD by 2025 from 2332 M USD in 2019.
Copper Magnet Wire Breakdown Data by Application
In Copper Magnet Wire market, Transformers segment holds an important share in terms of application, and it is expected to reach a volume of 1032 (K MT) by 2025, at a CAGR of 1.15% during 2019 and 2025. It means that Copper Magnet Wire will be promising in the Transformers field in the next couple of years.
Copper Magnet Wire Production by Region
Copper Magnet Wire Consumption by Region
Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global Copper Magnet Wire status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Copper Magnet Wire manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Copper Magnet Wire :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Copper Magnet Wire market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.