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South & Central America Iron Chromium Aluminum Alloy Wire Market Forecast to 2028 -Regional Analysis by Application (Electronic Appliances, Aerospace, Industrial Furnaces, Metallurgical and Machinery, and Others)

May 2023 | 69 pages | ID: S60BD3B5210FEN
The Insight Partners

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The South & Central America iron chromium aluminum alloy wire market is expected to grow from US$ 10.17 million in 2022 to US$ 12.47 million by 2028. It is estimated to grow at a CAGR of 3.5% from 2022 to 2028.

Various Advantages of Iron Chromium Aluminum Alloy Wires Fuels South & Central America Iron Chromium Aluminum Alloy Wire Market

Iron chromium aluminum alloy wires have a larger operation temperature. Iron chromium aluminum alloy can attain a maximum service temperature up to 1,400°C or 2,550°F. Iron chromium aluminum alloy wires have a long service life and large surface load-bearing capacity. The wires have superior oxidation resistance. Iron chromium aluminum alloys have lower density than nickel-chromium alloys. It refers to the availability of equivalent elements that can be produced from the same weight material. Iron chromium aluminum alloy wires have higher electric resistivity. The wires also have a lower thermal expansion coefficient than the nickel-base super-alloys. Due to all these advantages, iron chromium aluminum alloy wires are highly used for heating elements in the electrical industry and a wide range of high-temperature oxidation environments such as industrial electric furnaces, heating furnaces, nuclear reactors, petroleum refineries, automotive exhaust systems, household electrical appliances, and infrared settings. Therefore, the advantages of iron chromium aluminum alloy wires fuel the South & Central America iron chromium aluminum alloy wire market growth.

South & Central America Iron Chromium Aluminum Alloy Wire Market Overview

The South & Central America iron chromium aluminum alloy wire market is segmented into Brazil, Argentina, and the Rest of South & Central America. As per the ‘BRIEF MARKET REPORT Chemical products in Argentina’ commissioned by the Netherlands Enterprise Agency, the chemicals industry accounts for 12% of Argentina’s total manufacturing revenues and 9% of the nation’s gross domestic product (GDP). Further, the chemical industry in Brazil is one of the largest industries across the world, and its petrochemical companies occupy leading positions in their product areas across the region. The country is strong in research and development, and this is reflected in the innovative nature of its specialty chemical producers that have been involved in bringing many new products to the market. Hence, the strong presence of the chemical, petrochemical, and other major industries in South & Central America drives the growth of iron chromium aluminum alloy wires market in the region.

South & Central America Iron Chromium Aluminum Alloy Wire Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Iron Chromium Aluminum Alloy Wire Market Segmentation

The South & Central America iron chromium aluminum alloy wire market is segmented into application and country.

Based on application, the South & Central America iron chromium aluminum alloy wire market is segmented into electronic appliances, aerospace, industrial furnaces, metallurgical and machinery, and others. The industrial furnaces segment held the largest share of the South & Central America iron chromium aluminum alloy wire market in 2022.

Based on country, the South & Central America iron chromium aluminum alloy wire market is segmented int o Brazil, Argentina, and the Rest of South & Central America. The Brazil dominated the share of the South & Central America iron chromium aluminum alloy wire market in 2022.

Changzhou DLX Alloy Co Ltd; Donghai Electric Appliance Co Ltd; Jiangsu Nickel alloy Co Ltd; JLC Electromet Pvt Ltd; and Kanthal AB are the leading companies operating in the South & Central America iron chromium aluminum alloy wire market.
1. INTRODUCTION

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Iron Chromium Aluminum Alloy Wire Market, by Application
1.3.2 South & Central America Iron Chromium Aluminum Alloy Wire Market, by Country

2. KEY TAKEAWAYS


3. RESEARCH METHODOLOGY

3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. SOUTH & CENTRAL AMERICA IRON CHROMIUM ALUMINUM ALLOY WIRE MARKET LANDSCAPE

4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. SOUTH & CENTRAL AMERICA IRON CHROMIUM ALUMINUM ALLOY WIRE MARKET – KEY MARKET DYNAMICS

5.1 Market Drivers
5.1.1 Growing Use of Iron Chromium Aluminum Alloy Wires in Industrial Furnaces
5.1.2 Various Advantages of Iron Chromium Aluminum Alloy Wires
5.2 Market Restraints
5.2.1 Volatility in Prices of Raw Materials
5.3 Market Opportunities
5.3.1 Strong Growth of Electronics Industry in Region
5.4 Future Trends
5.4.1 Increasing Industrialization in Developing Countries
5.5 Impact Analysis

6. IRON CHROMIUM ALUMINUM ALLOY WIRE – SOUTH & CENTRAL AMERICA MARKET ANALYSIS

6.1 South & Central America Iron Chromium Aluminum Alloy Wire Market Overview
6.2 South & Central America Iron Chromium Aluminum Alloy Wire Market –Revenue and Forecast to 2028 (US$ Million)

7. SOUTH & CENTRAL AMERICA IRON CHROMIUM ALUMINUM ALLOY WIRE MARKET ANALYSIS – BY APPLICATION

7.1 Overview
7.2 South & Central America Iron Chromium Aluminum Alloy Wire Market, By Application (2021 and 2028)
7.3 Electronic Appliances
7.3.1 Overview
7.3.2 Electronic Appliances: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Aerospace
7.4.1 Overview
7.4.2 Aerospace: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Industrial Furnaces
7.5.1 Overview
7.5.2 Industrial Furnaces: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Metallurgical and Machinery
7.6.1 Overview
7.6.2 Metallurgical and Machinery: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast to 2028 (US$ Million)

8. SOUTH & CENTRAL AMERICA IRON CHROMIUM ALUMINUM ALLOY WIRE MARKET – COUNTRY ANALYSIS

8.1 Overview
8.1.1 South & Central America Iron Chromium Aluminum Alloy Wire Market, by Key Country
8.1.1.1 Brazil: South & Central America Iron Chromium Aluminum Alloy Wire Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.1.1 Brazil: South & Central America Iron Chromium Aluminum Alloy Wire Market, by Application
8.1.1.2 Argentina: South & Central America Iron Chromium Aluminum Alloy Wire Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 Argentina: South & Central America Iron Chromium Aluminum Alloy Wire Market, by Application
8.1.1.3 Rest of South & Central America: South & Central America Iron Chromium Aluminum Alloy Wire Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.3.1 Rest of South & Central America: South & Central America Iron Chromium Aluminum Alloy Wire Market, by Application

9. COMPANY PROFILES

9.1 JLC Electromet Pvt Ltd
9.1.1 Key Facts
9.1.2 Business Description
9.1.3 Products and Services
9.1.4 Financial Overview
9.1.5 SWOT Analysis
9.1.6 Key Developments
9.2 Changzhou DLX Alloy Co Ltd
9.2.1 Key Facts
9.2.2 Business Description
9.2.3 Products and Services
9.2.4 Financial Overview
9.2.5 SWOT Analysis
9.2.6 Key Developments
9.3 Kanthal AB
9.3.1 Key Facts
9.3.2 Business Description
9.3.3 Products and Services
9.3.4 Financial Overview
9.3.5 SWOT Analysis
9.3.6 Key Developments
9.4 Donghai Electric Appliance Co Ltd
9.4.1 Key Facts
9.4.2 Business Description
9.4.3 Products and Services
9.4.4 Financial Overview
9.4.5 SWOT Analysis
9.4.6 Key Developments
9.5 Jiangsu Nickel alloy Co Ltd
9.5.1 Key Facts
9.5.2 Business Description
9.5.3 Products and Services
9.5.4 Financial Overview
9.5.5 SWOT Analysis
9.5.6 Key Developments

10. APPENDIX

10.1 About The Insight Partners
10.2 Glossary of Terms
LIST OF TABLES
Table 1. South & Central America Iron Chromium Aluminum Alloy Wire Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil: South & Central America Iron Chromium Aluminum Alloy Wire Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 3. Argentina: South & Central America Iron Chromium Aluminum Alloy Wire Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Rest of South & Central America: South & Central America Iron Chromium Aluminum Alloy Wire Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Glossary of Terms, South & Central America Iron Chromium Aluminum Alloy Wire Market
LIST OF FIGURES
Figure 1. South & Central America Iron Chromium Aluminum Alloy Wire Market Segmentation
Figure 2. South & Central America Iron Chromium Aluminum Alloy Wire Market Segmentation – By Country
Figure 3. South & Central America Iron Chromium Aluminum Alloy Wire Market Overview
Figure 4. South & Central America Iron Chromium Aluminum Alloy Wire Market, By Application
Figure 5. South & Central America Iron Chromium Aluminum Alloy Wire Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: South & Central America Iron Chromium Aluminum Alloy Wire Market
Figure 8. Expert Opinion
Figure 9. South & Central America Iron Chromium Aluminum Alloy Wire Market Impact Analysis of Drivers and Restraints
Figure 10. South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. South & Central America Iron Chromium Aluminum Alloy Wire Market Revenue Share, By Application (2021 and 2028)
Figure 12. Electronic Appliances: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Aerospace: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Industrial Furnaces: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Metallurgical and Machinery: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: South & Central America Iron Chromium Aluminum Alloy Wire Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. South & Central America Iron Chromium Aluminum Alloy Wire Market, by Key Country– Revenue (2021) (US$ Million)
Figure 18. South & Central America Iron Chromium Aluminum Alloy Wire Market Revenue Share, by Key Country (2021 and 2028)
Figure 19. Brazil: South & Central America Iron Chromium Aluminum Alloy Wire Market –Revenue and Forecast to 2028 (US$ Million)
Figure 20. Argentina: South & Central America Iron Chromium Aluminum Alloy Wire Market –Revenue and Forecast to 2028 (US$ Million)
Figure 21. Rest of South & Central America: South & Central America Iron Chromium Aluminum Alloy Wire Market –Revenue and Forecast to 2028 (US$ Million)


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