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Huge Potential of Aluminium Alloy Cable in China

2015-08-19 04:33:50

A few days ago, Research and Markets, a foreign well-known market research company, released “2015-2020 China Aluminium Alloy Cable Market Analysis Report”. The report indicates that in 2014, the market value of aluminium alloy cable in China is nearly 13 million yuan, but the rate of aluminium alloy taking the place of copper is much less than that of the world standard. So far, the rate of aluminium alloy and almasilium taking the place of copper in America has been up to 70%-75%, the rate of aluminium alloy taking the place of copper in Japan has been up to 55%, while the rate in China has only been 3%-5%.

In the global market, aluminium alloy cable is a common product in electric transmission line. With new energies getting more and more widespread in China , the application range of aluminium alloy is going to get wider and wider.

This report gives a deep analysis on the current market situation and the challenge to be faced with of aluminium alloy cable in China. Thereby, it also opens this market potential and business opportunity to the world.

Aluminium Alloy Cable

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