The global aluminum rods market is witnessing a CAGR of 2.16%. Africa and ASEAN to record the strongest growth in the 4-5% range
Government Initiatives offer Positive outlook to Aluminum Rods & Conductors Market
End users willing to consider suppliers who provide higher value, consistent quality and competitive pricing; focus on cost competitive differentiation.
Scope & Limitations
Key Market Takeaways: India
Progressive Mega Trends drive utilities' installation and conductors demand
Conductors Market likely to grow on doubling energy demand
New T&D utilities are added annually to support growing electricity demand
Table Transmission Lines in ckm by kv
Demand for Wire Rods set to grow due to GoI's energy initiatives
Demand from Conductor manufacturing (In-house & External) drives the demand for Wire Rods (EC & Alloy)
Opportunities are available to utilize excess capacity by directing at exports that are expected to increase
Healthy trade dynamics exist for India. Wire rods are exported to the USA, Latin America, Africa, the Middle East and Southeast Asia
Domestic supply fulfils most of the domestic demand, with enough remaining for exports
Government's focus on new T&D investments to drive demand
"Power for all" and "Rural Electrification scheme" to drive Power grid expansion
Growing trend seen toward securing feedstock and in-house demand generation through integration
Average Capacity utilization in the Indian conductor industry is currently 83%, which is high enough. Limited further production may be possible
EPCs play the main role in the distribution channel
Utility companies drive procurement process
Competitive Prices, Quality, Technical Capability and Proximity are the key factors that influence the decisions of T&D Utilities
The Industry going Forward
Transmission utilities for renewable power to rise The target for renewable energy capacity addition under the 13th 5-year plan is 30,500 MW: will require electrical utilities' connections over the next 5 years
Public and Private investments in Non-renewable & renewable Power generation to grow in the future driving the setting up of additional T&D projects
List of Acronyms Used
Indian Power Sector Structure value chain
Prominent Transmission Companies (1/2)
Annexure: Our Services
Maximize opportunities from existing products and markets; systematically explore new products, markets, including Inorganic Opportunities
Our Growth Consulting Canvas
Aluminum (Al) Rods and Conductors Market in India, 2017 Description
Aluminum (Al) Rods and Conductors Market in India, 2017
India’s expanding economy and population are the biggest drivers of energy demand. Universal access to electricity is one of the primary aims of the Government, which has launched multiple schemes to support Production, Transmission and Distribution of electricity. Electricity demand in India is growing at 13% per annum, whereas its connection grids are growing at 5% per year. Growing energy demand and the consequent rise in utility numbers has seen continued growth in Aluminum Wire Rod production capacity. Rods and Conductors Manufacturers/Suppliers need to keep pace with developments and trends of the industry. This industry docket looks at the current scenario, dynamics and trends prevalent in the Indian Aluminum (Al) Rods and Conductors Market. Key questions this docket will answer:
1. What is the supply structure of the Indian Aluminium Wire Rods & Conductors Market
2. How is the Al Rods & Conductors manufacturing ecosystem expected to evolve in India?
3. What are the trade dynamics of Aluminium Rods & Conductors in India?
4. What are the drivers, restrains and challenges impacting the Aluminium Wire Rods & Conductors Market in India?
5. What are the value chains & key modes of supply of Aluminium conductors to Transmission and distribution utilities?
6. What are the key success factors for companies in the Indian Rods and Conductors Market?
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