Jul 5, 2022   SOURCE: BusinessWire

U.S. Copper Clad Steel Wire Market Report 2022: Theft Resistance and Increasing Electricity Demand Driving Growth - ResearchAndMarkets.com

The "U.S. Copper Clad Steel Wire Market, by Product Type, by Application, by End-use Industry - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

Market Dynamics

Copper clad steel wire is a potential alternative to solid copper-based wires. The scrap value of copper clad steel wire is lower than solid copper wire, which offers theft resistance. This, in turn, is expected to increase the demand for copper clad steel wire in the U.S. over the forecast period.

Electricity demand is increasing in the U.S. owing to rising population, which is expected to boost the demand for CCS wire over the forecast period. For instance, according to U.S. Energy Information Administration data, total U.S. retail electricity sales to end-use customers was 3,802 billion kWh (3.8 trillion kWh) in 2018 which was about 79 billion kWh more than that in 2017. In the U.S., the sales of electricity to residential customers was 1,464 billion kWh which was 39% share of total sales in 2018, commercial sector accounted for 1,377 billion kWh (36%), industrial sector accounted for 953 billion kWh (25%), and transportation accounted for 8 billion kWh (0.2%).

The growing use of fiber-optic cables in the telecommunications industry is expected to put a limitation on the growth of the U.S. copper clad steel wire market. Optical fiber has advantages over copper wire in long-distance, high-bandwidth applications due to lower attenuation and interference in telecommunication industry. Therefore, the availability of substitutes is expected to restrain the U.S. copper clad steel wire market growth over the forecast period.

Detailed Segmentation:

U.S. copper clad steel wire market, By Product Type:

  • Copperclad Dead Soft Annealed (DSA) Steel Wire
  • Copperclad Jacketed Steel Wire
  • Copperclad Composite Conductors (CCC)
  • Copperclad Wire-high Strength (HS) and Extra High Strength (EHS)
  • Others (Copperclad Type M Guy Wire, etc.)
  • U.S. copper clad steel wire market, By Bimetallic Wire Type
  • Low Carbon Steel Wire (LCSW)
  • High Carbon Steel Wire (HCSW)

U.S. copper clad steel wire market, By Application:

  • Grounding Conductors for Primary Surge Arresters
  • Connectors
  • Power Installation
  • Others (Lightning Arrester, etc.)

U.S. copper clad steel wire market, By End-Use Industry:

  • Telecommunication
  • Power Generation
  • Electrical and Electronics
  • Building and Construction
  • Automotive
  • Others (Aerospace, etc.)

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Purview

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
  • Drivers
  • Supply Side Drivers
  • Demand Side Drivers
  • Economic Drivers
  • Restraints
  • Market Opportunities
  • Regulatory Scenario
  • Industry Trend
  • PEST Analysis
  • PORTER's Analysis
  • New Product Approvals/Launch
  • Promotion and Marketing Initiatives

4. U.S. copper clad steel wire market - Impact of Coronavirus (COVID-19) Pandemic

  • Overview
  • Factors Affecting U.S. Copper Clad Steel Wire Market - COVID-19
  • Impact Analysis

5. U.S. copper clad steel wire market, By Product Type, 2017 - 2028 (US$ Million and KT)

6. U.S. copper clad steel wire market, By Bimetallic Wire Type, 2017 - 2028 (US$ Million and KT)

7. U.S. copper clad steel wire market, By Application, 2017 - 2028 (US$ Million and KT)

8. U.S. copper clad steel wire market, By End-use Industry, 2017 - 2028 (US$ Million and KT)

9. Competitive Landscape

Companies Mentioned

  • Copperhead Industries, LLC
  • American Wire Group, Inc.
  • Nehring Electrical Works Company
  • Kris-Tech Wire
  • MWS Wire Industries Inc.
  • AFL
  • LEONI Wire Inc.
  • Fisk Alloy Inc.
  • Elecref Industries Inc.

For more information about this report visit https://www.researchandmarkets.com/r/o2ggr0