Aluminium-Zinc Coated Steel Strand Industry News English Samples
China's Aluminium-Zinc Coated Steel Strand Market to Reach RMB13.5 Billion by 2030, Driven by Power Grid Upgrades
Beijing, July 30, 2025 – China's aluminium-zinc coated steel strand market is poised for robust growth over the next five years, with its market size projected to surge from approximately RMB8.5 billion in 2025 to RMB13.5 billion by 2030, representing a compound annual growth rate (CAGR) of 9.7%, according to a newly released industry report. The strong expansion is primarily fueled by the accelerated upgrading of the national power grid, the advancement of ultra-high voltage (UHV) transmission projects, and continuous investment in new energy sectors such as offshore wind power.
Data from the report indicates that the power industry will remain the largest application segment, accounting for over 60% of the total demand, while the transportation infrastructure sector will contribute around 25%. Geographically, East and South China are set to dominate the market with a combined demand share of over 55%, driven by intensive power grid infrastructure and active new energy projects. Meanwhile, the central and western regions are expected to see their market share rise from 18% in 2023 to 27% by 2030, thanks to the deepening of the "West-to-East Power Transmission" strategy.
In terms of product performance, aluminium-zinc coated steel strand boasts 35 times better corrosion resistance than traditional galvanized products and a service life extended to over 30 years. This advantage is driving its penetration rate in coastal high-salt-fog areas to increase from 32% in 2024 to 48% by 2030. The competitive landscape is also evolving, with the top five enterprises currently holding a 45% market share. As industry standards become stricter and environmental requirements tighten, small and medium-sized enterprises are facing integration pressure, and the industry's CR5 is expected to rise to 58% by 2028.
Policy support is another key driver. China's 14th Five-Year Plan for power grid development includes an investment scale of RMB2.8 trillion, and the issuance of the "Measures for the Administration of Offshore Wind Power Development and Construction" will provide sustained momentum for the market. Export prospects are also promising, with annual export growth of Chinese-manufactured aluminium-zinc coated steel strand expected to maintain around 12% as infrastructure demand along the Belt and Road Initiative (BRI) countries is released. The Southeast Asian market is anticipated to increase its share from 41% in 2025 to 53% by 2030.