The Global Fire Resistant Cable Market to 2026: Analysis by Insulation Material, End-User and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 17, 2018--The “Fire Resistant Cable - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Fire Resistant Cable market was estimated at $1.62 billion in 2017 and is projected to reach $2.41 billion by 2026, at a CAGR of 4.5%.
Rising demand for fire resistant cable from various industries, increasing power generation across the globe and increasing regulations for fire safety across geographies are some factors driving the market growth. However, a volatile price of raw materials is one of the major factors restraining the market growth.
Based on insulation material, the Cross linked poly ethylene (XLPE) segment accounted for considerable market share during the forecast period. The growth of this segment can be attributed to its easy availability of XLPE, average price than other insulation materials, and excellent insulation properties.
By geography, Asia Pacific held the largest market share due to growth in building & construction and automotive & transportation industries. China is the largest consumer of fire resistant cable in the Asia Pacific region. The growing manufacturing industry in China is also leading to the growth of the Fire Resistant Cable Market in the country. Increased demand for fire safety and government regulations is another factor driving the consumption of fire resistant cable in China.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Fire Resistant Cable Market, By Insulation Material
6 Global Fire Resistant Cable Market, By End-User
7 Global Fire Resistant Cable Market, By Geography
8 Key Developments
9 Company ProfilingGeneral Cable Corporation Leoni AG Universal Cable (M) Berhad Sewedy Electric Company Prysmian Group Tele-Fonika Kable S.A. Tianjin Suli Cable Group LS Cable & System Ltd. Dubai Cable Company (Private) Ltd. NKT Group Keystone Cable Tratos Limited Nexans S.A. Jiangnan Group Limited
For more information about this report visit https://www.researchandmarkets.com/research/f775l9/the_global_fire?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180817005213/en/
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Related Topics:Fire Protection Materials and Devices
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 08/17/2018 09:27 AM/DISC: 08/17/2018 09:27 AM