Allstate Journal

Magnet Wire Market Expects Asia-Pacific to Register Highest Demand Growth Till 2021

Global Magnet Wire Market by Manufacturers, Regions, Type and Application, Forecast to 2021
According to MarketIntelReports’ “Global Magnet Wire Market by Manufacturers, Regions, Type and Application, Forecast to 2021” Predicts Transformer & Automotive Applications to Drive Future Demand

A magnet wire can be described as a wire, made from aluminum or copper that is coated with a tiny layer of insulation. The copper magnet wire and aluminum magnet wire varieties are currently being used in creation of transformers, motors, reactors, electromagnets, etc. Most applications requiring insulated wire in tight coils are likely to feature magnet wires. While aluminum is largely restricted to transformer wiring or motor winding wire, magnetic copper wire is the more popular version. Thus, the Magnet Wire Market is well-positioned to register a strong amount of growth during the forecast period of 2016-2021.

Browse 130 Pages and an in-depth TOC on “Magnet Wire Market 2016-2021” here http://www.marketintelreports.com/report/gir0733/global-magnet-wire-market-by-manufacturers-regions-type-and-application-forecast-to-2021

 

Scope & Regional Forecast of the Magnet Wire Market

The Magnet Wire Market considers the prime growth drivers to be a few factors like: growing availability of electricity in rural parts of emerging countries like India; rising usage of generators or motors during power-cuts; technological advancements made by wire manufacturers in the form of growing electrical efficiency; and rising sales of automotive products.

Many a magnet wire supplier expects North America’s usage of aluminum wiring for transformer purposes to keep rising. At the other end of the world, Asia-Pacific is expected to drive the demand for copper magnetic wire and register highest demand growth rate during the forecast period. Other technical improvements have also made copper wires more attractive than their aluminum counterparts. Copper wires consume lesser space and enable superior conductivity.

For complete details: Request a sample download @ http://www.marketintelreports.com/pdfdownload.php?id=gir0733

 

Segmentations & Key Players Involved in the Magnet Wire Market

The Magnet Wire Market can be broken down into various segments as follows:

Geographical Location: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and Latin America, Middle and Africa.

Type: Copper Magnet Wire and Aluminum Magnet Wire.

Application: Motors, Transformers, Home Appliance and Reactor.

Some of the key players involved in the Magnet Wire Market are as follows:

  • Tongling Copper Crown Electrical
  • HONGYUAN
  • Ronsen Super Micro-Wire
  • Shenmao Magnet Wire and GOLD CUP ELECTRIC
  • Tianjin Jing Wei Electric Wire

Purchase Report @ http://www.marketintelreports.com/purchase.php?id=gir0733

 

About us:

MarketIntelReports (MIR) aims to empower our clients to successfully manage and outperform in their business decisions. We do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers.

MarketIntelReports currently has more than 100,000 plus titles and 100+ publishers on our platform and growing consistently to fill the “Global Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.

Media Contact
Company Name: Market Intel Reports
Contact Person: Mayur S
Email: Send Email
Phone: 1-302-261-5343
Address:2712 Centerville Road, Suite 400
City: Wilmington
State: Delaware
Country: United States
Website: http://www.marketintelreports.com/report/gir0733/global-magnet-wire-market-by-manufacturers-regions-type-and-application-forecast-to-2021