| Product Code: ETC357868 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia copper clad wire market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -84.57%. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at -56.72%. This sharp downturn in import momentum could be attributed to various factors such as shifts in demand patterns or changes in trade policies impacting market stability.
Copper clad wires find applications in telecommunications, electronics, and electrical industries. The market outlook for copper clad wires in Indonesia is influenced by the growth of these sectors. As technology advances and the need for efficient transmission and connectivity grows, the demand for copper clad wires is expected to rise steadily.
The Indonesia Copper Clad Wire market is poised for growth due to the increasing demand for high-performance electrical cables and wiring in various industries. The primary drivers include the expanding construction and infrastructure sector, rising demand for electronics and electrical equipment, and the growing automotive industry. Copper clad wire is preferred for its excellent electrical conductivity and corrosion resistance, making it an essential component in these sectors.
The copper clad wire market in Indonesia faces challenges related to the availability of high-quality copper and ensuring the adhesion of the copper cladding. Quality control is critical, and fluctuations in copper prices can affect production costs. Market players also need to keep up with technological advancements in wire manufacturing.
The Copper Clad Wire market faced challenges due to reduced manufacturing activities and disruptions in the electronics and electrical industries. However, the transition to 5G technology and the growth of electric vehicles offered opportunities for copper clad wire manufacturers. The market`s outlook is closely tied to the expansion of these sectors.
The Indonesia Copper Clad Wire market is witnessing growth, driven by the electronics and telecommunications sectors. Key market players such as PT Indo Japan Wire Industries and PT KMI Wire and Cable Tbk are contributing to the market`s development with their reliable copper-clad wire products.