Global Fire Resistant Cable Industry was valued at USD 1.77 Billion in the year 2018. Global Fire Resistant Cable Industry is further estimated to grow at a CAGR of 3.06% from 2018 to reach USD 2.18 Billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2018 and also considered as fastest growing Industry in the forecasted period. At a country level, developed markets like China, Japan and India hold the substantial Industry share in 2018 and it is projected to grow at a gradual rate in the coming years.
Segmentation done on the basis of Material includes Ethylene Propylene Rubber-Insulated (EPR), Cross-Linked Poly Ethylene (XLPE), Low Smoke Zero Halogen (LSZH) and Polyvinyl Chloride (PVC), of which the Cross-Linked Poly Ethylene (XLPE) Straps segment is expected to hold the highest Industry share during the forecast period. On the other hand, segmentation done on the basis of End-use include Manufacturing, Energy, Building & Construction, Automotive & Transportation, of which Building & Construction segment is expected to grow at the highest CAGR during the forecast period.
Major market players in Fire Resistant Cable Industry are Nexans S.A., General Cable Corporation, Prysmian Group, EL Sewedy Electric Company, Universal Cable (M) Berhad, EL Sewedy Electric Company, Universal Cable (M) Berhad, NKT Group, Leoni AG, LS Cable & System Ltd., Tratos Limited, Jiangnan Group Limited, and other 8 more companies detail information is provided in the report.
SWOT analysis of Fire Resistant Cable Industry
Rising demand for Fire Resistant Cables
Raw Material prices are fluctuating
Power Generation is ring across the globe
Threats from substitute
Fire Resistant Cable Industry Segmentation
Fire Resistant Cable Industry Overview, By Material
• Ethylene Propylene Rubber-Insulated (EPR)
• Cross-Linked Poly Ethylene (XLPE)
• Low Smoke Zero Halogen (LSZH)
• Polyvinyl Chloride (PVC)
Fire Resistant Cable Industry Overview, By End-use
• Building & Construction
• Automotive & Transportation
Fire Resistant Cable Industry Overview, By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa