India Aluminum Wire Rod Market Size, Trends & Investment Opportunities 2025–2032
India Aluminum Wire Rod Market Statistics:
Market Size in 2025: USD 3.23 billion
Market Size in 2032: USD 4.11 billion
Market Growth Rate 2026-2032: CAGR 3.50%
According to The Report Cube’s latest research study India Aluminum Wire Rod Market is anticipated to register a CAGR of around 3.50% during the forecast period, 2026-32. Also, the market size is valued at nearly USD 3.23 billion in 2025 and is foreseen to witness nearly USD 4.11 billion during 2032.
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India Aluminum Wire Rod Market Drivers:
- Driver: Increasing Demand in Power Transmission & Distribution to Drive the Industry Growth
A major driver for the India Aluminum Wire Rod Market is the increasing demand from the power transmission & distribution sector. With expanding urbanization & the government's rural electrification initiatives, the requirement for effective, lightweight, and economical conductors has elevated. Also, aluminum wire rods, being highly conductive & corrosion-resistant, are favored for producing overhead & underground electrical cables. Moreover, the demand is further instigated by infrastructure advancement projects under schemes such as Saubhagya & Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY), which considerably impact the India Aluminum Wire Rod Market cost & volume progression.
According to the report, prominent players operating in the market include:
· Arfin India Limited
· Cabcon India Limited
· JSK Industries Pvt. Ltd.
· Hindalco Industries Ltd.
· Sakar Industries
· BAB Industries
· Nalco India Limited
· Palriwal Industries Pvt. Ltd.
· APAR Industries Ltd.
· Vedanta Limited
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Key Market Segmentation
- Market Share, By Product Type
- 1024 Type
- 2011 Type
- 6063 Type
- Others
- Market Share, By Application
- Aerospace
- Automobile
- Architecture
- Others
- Market Share, By Region
- North
- East
- West
- South
- Central
Recent News and Developments in India Aluminum Wire Rod Market
- Hindalco Industries Ltd. declared a capacity development of its aluminum wire rod facility in Odisha, targeting to meet increasing domestic demand in the power & automotive sectors with improved quality & output.
- Vedanta Limited introduced a new range of high-conductivity aluminum alloy wire rods, aiming at the electric vehicle (EV) & solar infrastructure markets with enhanced energy efficiency & performance.
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