The global Copper Clad Steel Wire Market Growth Accelerated by Enhanced Building Infrastructure Practices

Copper clad steel wire is used in various applications such as electric conductors, machinery & equipment manufacturing, construction industry due to its high conductivity of electricity and resistance to corrosion. It is an ideal material used for making conductor ropes, cables and transmission lines due to its good electrical conductivity and mechanical strength. The global Copper Clad Steel Wire Market is estimated to be valued at US$ 0.99 Mn in 2023 and is expected to exhibit a CAGR of 47% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the copper clad steel wire market size is primarily driven by enhanced building infrastructure practices across both developed and developing nations. Various governments worldwide are increasingly investing in infrastructure development projects such as roads, bridges, utilities, etc. which involves usage of materials such as copper clad steel w...