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Business Ideas and Investment Opportunities
Wire and Wire Products Industry | Manufacturing of Wire Products- Wire Nail, Wire Mesh, Copper Wire, Aluminium Wire, Steel Wire
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Profitable Business Ideas for Startups
GLOBAL WIRE INDUSTRY
The global wires market is predicted to increase at a CAGR of 4.4 percent over the next five years. Some of the primary reasons driving the market are rising urbanisation and expanding infrastructure around the world. The aforementioned elements have had an impact on commercial, industrial, and residential power and energy demand. Increased expenditures in smart power transmission and distribution system upgrades, as well as the development of smart grids, are expected to propel the industry forward. Smart grid technology has been used to meet the growing need for grid interconnections, resulting in increased investments in new underground and submarine wires.
Wire Mesh Industry
The worldwide wire mesh market is expected to grow significantly as a result of increased productivity and applications all over the world. Wire mesh belts are commonly used in heat treating, foundry, and baking sectors, as well as other industries such as ceramics, automotive, snack food, and food processing. Wire mesh is comprised of stainless or low carbon steel wire and is widely used in transportation, food procurement, horticulture, agriculture, machine protection, gardening, and mines. The main benefit of installing these meshes is that it saves money, labour, and time.
Copper Stranded Wire Market
The market for copper stranded wire is expected to grow at a rate of 1% each year. Copper stranded wires are more flexible and fatigue resistant than solid copper wires of the same cross-sectional area. Copper stranded wire is made up of numerous small copper wires wrapped together to form a bigger conductor. The demand for copper stranded wire is projected to be dominated by the Asia-Pacific region. China is a major contributor, having been one of the world’s largest infrastructure investors in recent years.
Wire Nail Industry
We have a lot of Wire nails, whether it’s for furniture, building a house, hanging a god portrait, hanging a wall clock, or fabric hanging pegs. The nail is something I miss. Wire nails are widely and permanently used in rural communities to hoist colourful flags on special occasions such as weddings or customs. Wire nails are used indiscriminately to hang huge mirrors at barber shops in the markets. Wire nail is a popular product in the market, and it’s utilised all across the country, so there’s little risk of losing money due to premature deterioration. Making wire nails is a simple and straightforward process. Simultaneously, there is always a demand in society. The reason behind this is because India’s population continues to rise, and individuals continue to construct homes for themselves. In such a setting, a decrease in demand for Wire nails is improbable.
Copper Wire Industry
Copper wire is the finest conductor of electricity of all alternative materials. Copper wire makes connections simple and secure. They have a high melting point and are easy to bend. A copper wire can withstand heavy overloads or current surges without causing harm. Electricity conduction with nominal resistance and low voltage is a common attribute of several types of copper wire. Copper’s malleability is one of its most valuable characteristics. Thin copper sheets can be manufactured as a result of this property. It can be distorted without breaking or being stressed. Copper is known for its high thermal and electrical conductivity. Copper is resistant to oxidation and corrosion due to environmental changes. Copper has a strong capacity to generate alloys when combined with other metals. Copper has better corrosion resistance, heat transfer strength, and conductivity than aluminium, as well as being more ductile and having a stronger tensile resistance. The market for copper wire is driven by these factors.
Aluminium Wire Industry
Over the last few years, the worldwide aluminium wire market has been steadily growing. The market is primarily driven by rising demand from fast urbanisation throughout the world, increased government backing, and innovative production techniques that cut not only the cost of aluminium wire manufacture but also the processing time of wire rods significantly. Because the demand for aluminium wires in many sectors continues to be high, business prospects in the global aluminium market are projected to expand in the near future. Aluminum wire market demand may be driven by rising consumer desire for lightweight automobiles. Construction and electrical sectors may benefit from superior qualities such as light weight, high strength, and corrosion resistance, promoting industrial expansion. Because of its light weight, corrosion resistance, and ability to retain temperature even at low temperatures, aluminium wire is used in a variety of home electrical appliances, switches, circuit breakers, and motors. Because the products are lighter than other materials, they are utilised in electrical products. They also prevent corona, an electric discharge associated with high power transfer and its excessive heating, which does not separate the electrical fixtures and connections, increasing industrial demand.
Steel Wire Industry
The worldwide steel wire market is expected to grow at a CAGR of 6.0 percent over the next few years. The steel wire business is expanding due to increased demand for steel wires in a variety of applications around the world. In terms of volume, the construction sector is the largest application industry in the steel wire market. Steel wire is used in the construction of road, river, and railway bridges and flyovers, atomic reactor domes, slabs, silos, hangers, aqueducts, high-rise structures, viaducts, and railway sleepers. The steel wire market is likely to be driven by rising demand from these applications.
WIRES INDUSTRY IN INDIA
In India, the wires market accounts for about 40% of the electrical industry and is developing at a CAGR of 15% due to expansion in the power and infrastructure sectors. Recent policy and regulatory initiatives, as well as government schemes such as the Ujjwal Discom Assurance Yojana (UDAY), the Deendayal Upadhyay Gram Jyoti Yojana (DDUGJY), the Integrated Power Development Scheme (IPDS), and the Pradhan Mantri Sahaj Bijli Har Ghar Yojana Saubhagya, have aided the segment’s unprecedented growth. In addition, Indian Railways’ Railway Mission 41K has created opportunity for the Indian wires sector by electrifying a 38,000-kilometer line. The government plans to electrify all villages under the DDUGJY programme.
TOP PLAYERS WORLDWIDE
- Abracon
- Alan Wire Company
- Alfanar Group
- ArcelorMittal
- Bekaert SA
- Belden Inc.
- Cape Wire
- Ferrier Nord
- Fujikura Ltd.
- Furukawa Electric Co., Ltd.
- Hebei Five-Star Metal Products
- JFE Steel Corporation
- Kamal Wire Industries
- Karam Industries
- Kobe Steel Limited
- Leoni AG
- LS Cables & System Ltd.
- Nexans
- Nippon Steel
- NKT A/S
- Prysmian Group
- Ramdeo Wire
- Roofinglines
- Saint-Gobain
- Sumitomo Corporation
- Sumitomo Electric Industries, Ltd.
- Tata Steel Limited
- The Heico Companies
Reports & Books
Suggested
Business Ideas for Entrepreneurs
- Aluminium Wire & Cables
- Armoured Cable
- Catenary Wires and Conductors Used In Railway Electrification
- Copper Flats and Copper Tubes
- Copper Wire Drawing (From Higher Size to Very Thin Size Used In Electrical Cables)
- Copper Wire Manufacturing (Wire Drawing & Enameling)
- Enameled Copper Wire
- Fiber Optic Cable Production
- Galvanized Iron Wire
- High Tensile Wire Used In Prestressed Concrete Poles and Railway Sleepers
- HT (High Tensile Wire)
- Instrument Cable
- Low Tension Cables
- LT Power Cables
- MIG Welding Wire
- MS Binding Wires
- Nylon Coating on Zinc Wire (Wire “O“ Wire)
- Optical Fiber Cable (OFC)
- Power Cable
- PVC Electric Wires & Cables
- PVC Insulated Winding Wires for Submersible Motors
- PVC Wires and Cables
- Resin Cored Soldering Wire
- R-F Coaxial Cable
- Rosin Cored Soft Soldering Wire
- Solder Wire & Flux
- Steel Wire Rope
- Wire Drawing Lubricants
- Wire Drawing With Wire Galvanizing Plant
- Wire Mesh (Hexagonal Square)
- Wire Nail
- Wire Nail & Wire Drawing Plant
- Wires and Conductors Used In Railway Electrification
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| M/s. Ashapura Mine Chem Ltd. | Mumbai, Maharashtra | Preparation of Detailed Project Report on High Energy Products |
| M/s. Ratnawali Infrastructure Ltd. | Jaipur | Market Survey Cum Detailed Techno Economic Feasibility Report on Waste Tyre Pyrolysis |
| M/s. Whitewood Nigeria Limited | Nigeria | Preparation of Detailed Project Report on Woven PP Cement Sacks |
| M/s. Printexchem Production and Trading Company Limited | Vietnam | Information on Epoxy Resins, Adhesive Formulary, Modern Packaging Industries, Printing Technology, Phenolic Resins, Industrial Adhesives, Food Packaging, Natural Dyes & Pigments |
| M/s. Tea Research Institute of Sri Lanka | Sri Lanka | Information on Cultivation and Manufacture of Tea |
| M/s. Bemunka Infrastructure Group Ltd. | Ghana | Pre-Investment Feasibility Report for Establishment of Porcelain Insulators |
| M/s. Doono Ltd. | Somaliland | Preparation of Detailed Project Report on Aluminium Foil Container |
| M/s. Sahaviriya Steel Industries Public Company Limited | Thailand | Information on Hot Rolling |
| M/s. Crest International Resources Pte Ltd | Singapore | Preparation of Detailed Project Report on Soda Ash (Light and Soda Ash Dense) |
| M/s. Surgivalley Pvt Ltd | Pakistan | Project Consultancy on Electroplating |
| M/s. Anbarasu & Jalapathi | Sathyamangalam, Tamil Nadu | Preparation of Detailed Project Report on Essential Oil Extraction (Jasmine and Tuberose) Unit |
| M/s. Bio Ethanol Agro Industries Ltd. | Hyderabad, Telangana | Pre-Investment and Pre-Feasibility Study on Dall Mill |
| M/s. Deepak Nitrite Limited | Pune, Maharashtra | Pre-Investment Feasibility Report for Establishment of Synthetic Iron Oxide from Iron Oxide Liquor/Sludge by Laux Process (Red, Yellow, Green, Blue) Plant |
| M/s. DIQU Tech Private Limited | Bangalore, Karnataka | Techno-Economic Feasibility Study for Establishment of Precipitated Silica from Rice Husk Ash Unit |
| M/s. Fortcaps Healthcare Ltd. | Bhopal, Madhya Pradesh | Preparation of Detailed Project Report on Soft Gelatin Capsules Unit |
| M/s. IMC Limited | Chennai, Tamil Nadu | Market Survey Cum Detailed Techno Economic Feasibility Report on Lube Oil Blending Based on Imported Base Oil |
| M/s. Brice and Company Limited | Saint Lucia, Caribbean Island | Preparation of Detailed Project Report on Steel Billets and TMT Bars (Rebar)from Scrap Metal |
| M/s. Kiboko Enterprises Ltd. | Uganda | Preparation of Detailed Project Report on Toothpaste |
| M/s. Amponsah-Efah Pharmaceuticals Limited | Ghana, West Africa | Preparation of Detailed Project Report on Toothpaste |
| M/s. Zimbabwe Bearings Private Limited | Zimbabwe | Preparation of Detailed Project Report on Roller Bearing |
| M/s. Whitewood Nigeria Limited | Nigeria | Preparation of Detailed Project Report on Woven PP Cement Sacks |
| M/s. Printexchem Production and Trading Company Limited | Vietnam | Information on Epoxy Resins, Adhesive Formulary, Modern Packaging Industries, Printing Technology, Phenolic Resins, Industrial Adhesives, Food Packaging, Natural Dyes & Pigments |
| M/s. Kadombara Udyog Ltd. | Kolkata, West Bengal | Feasibility Study for Establishment of Grain based Alcohol Distillery Unit |
| M/s. Shakti Bhog Foods Ltd. | Haridwar, Uttarakhand | Preparation of Detailed Project Report on Plain Corn Flakes and Coated Choco Flakes Plant |
| M/s. Shri Lakshmi Cotsyn Ltd. | Kanpur, Uttar Pradesh | Techno-Economic Feasibility Study for Establishment of Precipitated Silica from Rice Husk Ash |
| M/s. Petroleum and Gas Company Fiji Limited | Fiji Islands | Information on Coconut Products |
| M/s. Chengdu Green Gold Biological Science & Technology Co. Ltd. | China | Details on Neem & Allied Products |
| M/s. Can Tho Fertilizer and Chemical Joint Stock Company | Vietnam | Market Survey Cum Detailed Techno Economic Feasibility Report on Sodium Silicate from Rice Husk Ash |
| M/s. Kingyal Coke and Chemicals Pvt. Ltd. | Bhutan | Preparation of Detailed Project Report on Dolomite Bricks |
| M/s. Sunil Healthcare Limited | New Delhi, Delhi | Feasibility Study for Establishment of Cashew Nut Processing Plant |
| M/s. B.L. Agro Oils Ltd. | Bareilly, Uttar Pradesh | Project Feasibility and Market Study for Establishment of Cold Storage Unit |
| M/s. Godrej & Boyce Mfg. Co. Ltd. | Mumbai, Maharashtra | Market Survey Cum Detailed Techno Economic Feasibility Report on Autoclaved Aerated Concrete (AAC Blocks) Manufacturing Plant |
| M/s. Gujarat Ambuja Exports Ltd. | Ahmedabad, Gujarat | Preparation of Detailed Project Report on Sodium Silicate from Rice Husk/Hull |
| M/s. ITC Limited-Agri Business Division-IL Ltd. | Guntur, Andhra Pradesh | Preparation of Detailed Project Report on Nicotine from Tobacco Waste |
| M/s. Global Plastics Industries | South Africa | Pre-Investment Feasibility Report for Establishment of PET Bottle Recycling |
| M/s. Icon Construction ,Inc. | USA | Preparation of Detailed Project Report on Copper Sulphate from Metallic Scrap Copper |
| M/s. Transmara Sugar Company Limited | Kenya | Pre-Investment and Pre-Feasibility Study on Yeast from Molasses Project |
| M/s. SDI Automobiles Pvt. Ltd. | Nepal | Techno-Economic Feasibility Study for Establishment of Lubricants Blending Plant (Lubricants/Grease/Brake Fluid/Coolant) |
| M/s. QAS Arabia Co. Ltd. | Saudi Arabia | Techno-Economic Feasibility Study for Establishment of PVC Cables & Wires Manufacturing Unit |
| M/s. Jindal Udyog Limited | Kolkata, West Bengal | Market Survey Cum Detailed Techno Economic Feasibility Report on Cold Rolled Sheet Mill |
| M/s. Mep Cotton Ltd. | Rajkot, Gujarat | Pre-Investment and Pre-Feasibility Study on Cotton Seed Delinting/Crushing and Refining Unit |
| M/s. Orissa Stevedores Limited | Cuttack, Odisha | Market Survey Cum Detailed Techno Economic Feasibility Report on Cenosphere Processing Unit |
| M/s. Quiz Electronica LLP | Palghar, Maharashtra | Techno-Economic Feasibility Study for Establishment of LED Street Light Assembling Unit |
| M/s. Rubfila International Ltd. | Palakkad, Kerala | Pre-Investment Feasibility Report for Establishment of Flexible Polyurethane Foam Production Unit |
| M/s. Sarda Metals & Alloys Limited | Vizianagaram, Andhra Pradesh | Feasibility Study for Establishment of Manganese Oxide (Mno) through Calcination of Manganese Oxide Ore in Rotary Kiln Project |
| M/s. Rabdhuen Pvt. Ltd. | Bhutan | Pre-Investment Feasibility Report for Establishment of HDPE Pipes Manufacturing Unit |
| M/s. Gaffar Food Products Ltd. | Bangladesh | Feasibility Study for Establishment of Medical College With Hospital Project |
| M/s. Autochemicals Uk Ltd | United Kingdom | |
| M/s. FITI Testing and Research Institute | Korea | |
| M/s. ACS Manufacturing Co. | Philippines | |
| M/s. Advanced Electroplaters | New Zealand | |
| M/s. Al Ahli Leather Factory Co Ltd. | KSA | |
| M/s. Asia Resource Co Ltd | Taiwan | |
| M/s. B.H. Blackwell Ltd. | England | |
| M/s. Shree Cement Ltd. | Beawar, Rajasthan | Pre-Investment Feasibility Report for Establishment of Gypsum Plaster Board Production Unit |
| M/s. Tata Steel Limited | Jamshedpur, Jharkhand | Techno-Economic Feasibility Study for Establishment of Iron Powder Production Unit |
| M/s. Tetra Tech India Ltd. | New Delhi, Delhi | Techno-Economic Feasibility Study for Establishment of Re-Refining of Engine Oil, Transformer Oil and Hydraulic Oil Plant |
| M/s. Vandana Global Ltd. | Raipur, Chhattisgarh | Preparation of Detailed Project Report on Chromite Beneficiation Plant |
| M/s. Ajeet Seeds Ltd. | Aurangabad, Maharashtra | Techno-Economic Feasibility Study for Establishment of Beer Plant |
| M/s. Citland Limited | Guntur, Andhra Pradesh | Techno-Economic Feasibility Study for Establishment of Nicotine Extraction from Tobacco Waste |
| M/s. Capital Oil Refining Industries Ltd. | Malawi | |
| M/s. Coates Brother’s Zambice Ltd. | Zambia | |
| M/s. Current Pacific Ltd. | New Zealand | |
| M/s. Gulf Facilities Trading & Contracting Co. | Kuwait | |
| M/s. Gulf Organization For Industrial Consulting | Qatar | |
| M/s. Incepta Pharmaceuticals Ltd. | Bangladesh | |
| M/s. International Trading & Manufacturing SRL | Italy | |
| M/s. Kenana Sugar Co. Ltd. | Sudan | |
| M/s. Kenya Invalid & Pharmacy Suppliers Ltd. | Kenya | |
| M/s. Luatek Nigeria Ltd. | Jordan | |
| M/s. Danapur Flour Mills Ltd. | Patna, Bihar | Techno-Economic Feasibility Study for Establishment of Stainless Steel Sheet Rolling & Manufacturing of S.S. Utensils |
| M/s. DCM Shriram Industries Limited | Delhi | Techno Economic Viability (TEV) study on Synthetic Camphor |
| M/s. Dharampal Satyapal Limited | Noida, Uttar Pradesh | Detailed Project Report |
| M/s. Gemco Energy Limited | Faridabad,Haryana | Information on Economic, Technical, Financial, Managerial and Production Aspects of Lithium lon Battery (Battery Assembly) |
| M/s. Gorakhpur Resources Limited | Gorakhpur, Haryana | Pre-Investment and Pre-Feasibility Study on Beer Plant |
| M/s. Gravita India Limited | Jaipur, Rajasthan | Pre-Investment and Pre-Feasibility Study on Lead Recycling (Smelting & Refining) Plant |
| M/s. JK GD Cooperative Housing & Infrastucture Ltd | Srinagar, Jammu & Kashmir | Project Feasibility and Market Study for Establishment of Residential Apartment |
| M/s. JSW Steel Ltd. | Thane, Maharashtra | Pre-Investment Feasibility Report for Establishment of Aluminium Alloy from Virgin Metal Project |
| M/s. Krishnonics Ltd. | Gandhinagar,Gujarat | Feasibility Study for Establishment of Peanut Butter |
| M/s. Maha Laxmi Sugars Ltd. | Ethiopia | |
| M/s. Mannai Co. Ltd. | UAE | |
| M/s. MGM International Machinery Ltd. | Malaysia | |
| M/s. Midway Centre Ltd. | Singapore | |
| M/s. Nabil Bank Ltd. | Egypt | |
| M/s. Narayan Vegetable Industries (P) Ltd. | Kuwait | |
| M/s. NR Chemicals & Organics Industry | Japan | |
| M/s. Pisu & Co. Ltd. | Poland | |
| M/s. Polivent Ltd. | Mauritius | |
| M/s. KSL & Industries Ltd. | Nagpur, Maharashtra | Techno-Economic Feasibility Study for Establishment of Coal Based Power Plant 500 MW |
| M/s. Kusalava International Limited | Krishna District,Andhra Pradesh | Preparation of the DPR and Pre-Investment Study of Cold Storage (Shrimp & Agricultural Products) |
| M/s. Majalgaon Sah. Karkhana Ltd. | Sundernagar, Himachal Pradesh | Market Survey Cum Detailed Techno Economic Feasibility Report on Onion Powder Manufacturing Plant |
| M/s. Merino Industries Ltd. | Ghaziabad, Uttar Pradesh | Market Survey Cum Detailed Techno Economic Feasibility Report on Tissue Culture Lab for Production of Potato Seeds |
| M/s. Modern Tube Industries Ltd. | Vadodara, Gujarat | Project Feasibility and Market Study for Establishment of Cigarette Manufacturing Unit |
| M/s. Nesco Limited | Karamsad,Gujarat | Feasibility Study for Establishment of Steel Shots & Grits |
| M/s. Proec Energy Ltd. | New Delhi, Delhi | Preparation of Detailed Project Report on HDPE/PP Woven Fabric |
| M/s. Saipem India Projects Limited | Chennai, Tamil Nadu | Preparation of Detailed Project Report on Unsaturated Polyester Resins Production Plant |
| M/s. Sethia Oil Industries Ltd. | Sitapur, Uttar Pradesh | Pre-Investment and Pre-Feasibility Study on Maize Starch and Its By Products Processing Unit |
| M/s. Shakti Rail Infra Limited | Rourkela, Orissa | Techno-Economic Feasibility Study for Establishment of Wood Plastic Composite (WPC) Plant |
| M/s. SRF Limited | Bhiwadi, Rajasthan | Pre-Investment and Pre-Feasibility Study on Gypsum from Synthetic Resin |
| M/s. The Dharamsi Moraji Chemical Co. Ltd. | Mumbai, Maharashtra | Pre-Investment Feasibility Report for Establishment of Sulphuric Acid Plant including Manufacture of Chlorosulphonic Acid, 23 % Oleum |
| M/s. Thermal Powertech Corporation India Limited | Nellore, Andhra Pradesh | Preparation of Detailed Project Report on Button Mushroom Cultivation |
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