Flame retardant cables are designed to resist the spread of fire into a new area. Fire resistant or fire rated cables are designed to maintain circuit integrity and continue to work for a specified period of time under defined conditions.
Market Analysis and Insights: Global Fire Resistant Cable Market
Due to the COVID-19 pandemic, the global Fire Resistant Cable market size is estimated to be worth US$ 1597.9 million in 2022 and is forecast to a readjusted size of US$ 1863.9 million by 2028 with a CAGR of 2.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, XPLE accounting for % of the Fire Resistant Cable global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Building & Construction segment is altered to an % CAGR throughout this forecast period.
Asia Pacific is expected to be the fastest-growing market for fire resistant cable during the forecast period. Countries in Asia Pacific have huge prospects for the fire resistant cable market because of the growing end-use industries such as building & construction, manufacturing, automotive & transportation, and others.
Global Fire Resistant Cable Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Fire Resistant Cable Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
XPLE
LSZH
PVC
EPR
Others
Segment by Application
Building & Construction
Automotive & Transportation
Manufacturing
Energy
Others
By Company
Prysmian Group
Nexans
General Cable
NKT
Leoni
LS Cable & System
EL Sewedy Electric
Universal Cable (M) Berhad
Tratos Limited
Jiangnan Group
Dubai Cable Company
Tele-Fonika Kable
Tianjin Suli Cable
Keystone Cable
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina