Fire Resistant Cable Materials Market

Fire Resistant Cable Materials Market Size, Share, Growth Analysis, By Material(XLPE, LSZH), By End-use (Revenue, USD Million, 2016 - 2027)(Building & Construction, Automotive & Transportation), By Regional (Revenue, USD Million, 2016 - 2027)(North America, The U.S.) - Industry Forecast 2023-2030


Report ID: UCMIG20D2131 | Region: Global | Published Date: Upcoming | Pages: 165 | Tables: 55 | Figures: 60

Fire Resistant Cable Materials Market Insights

Market Overview:

In 2019, the global market for fire-resistant cable materials exhibited a noteworthy valuation of USD 509.3 million, indicating its substantial presence within the industry. Forecasts for the forthcoming years are equally promising, with an anticipated compound annual growth rate (CAGR) of 4.4% projected from 2020 to 2027. This trajectory underscores the sector's potential for sustained expansion, driven by the growing demand for fire-resistant cable materials in various applications. Factors such as heightened safety regulations, increased awareness of fire hazards, and the critical need for reliable fire-prevention measures are expected to fuel the market's growth, creating opportunities for both industry players and consumers alike.

Fire Resistant Cable Materials Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Electrical Components & Equipment by segment aggregation, the contribution of the Electrical Components & Equipment in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Fire Resistant Cable Materials Market is segmented by Material, End-use (Revenue, USD Million, 2016 - 2027), Regional (Revenue, USD Million, 2016 - 2027). We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Fire Resistant Cable Materials Market Basis Point Share Analysis, 2021 Vs. 2028
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  • Based on Material the market is segmented as, XLPE, LSZH, PVC, EPR
  • Based on End-use (Revenue, USD Million, 2016 - 2027) the market is segmented as, Building & Construction, Automotive & Transportation, Manufacturing, Energy, Others
  • Based on Regional (Revenue, USD Million, 2016 - 2027) the market is segmented as, North America, The U.S., Canada, Mexico, Europe, The U.K., Germany, France, Italy, Russia, Asia Pacific, China, India, Japan, Central & South America (CSA), Brazil, Middle East & Africa (MEA), Saudi Arabia, KEY MARKET PLAYERS, Universal Cable (M) Berhad, Tratos Limited, General Cable Corporation, Prysmian Group

Regional Analysis:

Fire Resistant Cable Materials Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Fire Resistant Cable Materials Market Attractiveness Analysis, By Region 2020-2028
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Fire Resistant Cable Materials Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Fire Resistant Cable Materials Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Fire Resistant Cable Materials Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Fire Resistant Cable Materials Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Fire Resistant Cable Materials Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • rview
  • The global fire resistant cable materials market size was valued at USD 509.3 million in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.4% from 2020 to 2027. Growing demand for insulating electric channels to tackle extreme heat and fire mishaps in building structures and manufacturing units is anticipated to ascend the demand for fire resistant cable materials over the forecast period. Stringent green building codes in North America and European economies are positively influencing the utilization of sustainable and fire resistant building materials, which is anticipated to have a positive impact on the demand for fire resistant cable materials. Increasing installation of electric wires in modern residential homes and commercial buildings and office spaces is likely to ascend the market growth.
  • In the U.S., demand for fire-resistant cable materials is anticipated to ascend at a significant rate owing to rise in demand for fire-resistant building structures. Moreover, abundant availability of raw materials in the country, along with well-established commercial channels and the presence of prominent manufacturers, is likely to support the market growth in the projected period.
  • Growing construction industry across the globe, specifically for commercial and office constructions, has surged the demand for sustainable building materials. To comply with green building codes, the modern commercial buildings and office space need fire resistant electric systems to tackle fire mishaps. This is further likely to affect market growth positively.
  • Increasing number of manufacturing facilities in major regions, such as Europe, North America, and Asia Pacific are focusing on providing workplace safety to the employees. Installation of a safe and secure electric supply channel is the primary concern for the players to avoid the risk of fire mishaps in the facilities, which is expected to support the product demand.
  • Advancement in wire jacketing applications has introduced advanced cables that can sustain in fire and heat environment for a longer duration. Moreover, the players are focusing on innovations in raw materials by compounding them for increased resistance and durability. Compatibility with high voltage wires is another factor increasing the penetration of cable materials for fire resistant wires.
  • Material Insights
  • The Cross-linked Polyethylene (XLPE) material segment accounted for the largest market share of 41.2% in 2019 and is expected to witness the highest growth from 2020 to 2027. High-grade insulation properties, coupled with superior electric conductor characteristics, are likely to increase the popularity of these materials for fire resistant cables over the forecast period.
  • The ability of XLPE to sustain in harsh weather conditions has increased its usage in the production of cables for long-distance electricity transmissions. The cables jacketed with cross-linked polyethylene offer superior insulation and enhanced current capacity and lightweight characteristics. Thus, these materials are gaining traction in the market.
  • Low Smoke Zero Halogens (LSZH) jacketing materials for fire-resistant cables are expected to gain momentum in the near future as they emit low smoke and no halogen when exposed to fire and heat environment. Furthermore, reduced flammability and cost-effectiveness of the material are likely to increase its demand in the coming years.
  • Polyvinyl Chloride (PVC) jacketing materials accounted for a substantial share in the market in 2019 owing to their wide commercial availability and known characteristics. Moreover, flexibility, low cost, wear resistance, and heat resistance up to 105-degree temperature are propelling its penetration in the market.
  • End-use Insights
  • In 2019, the building and construction industry led the market with a 35.5% share and is anticipated to witness the fastest growth from 2020 to 2027. The industry was the largest consumer of fire-resistant materials for cable jacketing applications. Growing concerns regarding fire resistant properties of building structures and the need for sustainable materials to tackle mishaps in the construction projects are anticipated to support the demand for products.
  • Electric wires used in automotive and transportation vehicles need superior insulation owing to an extreme heat environment. Growing popularity of electric vehicles across the globe is anticipated to increase the demand for cables that can supply electricity without deviation. This is further likely to support the demand for jacketed cables.
  • Growing manufacturing industries in North America, Europe, and Asia Pacific are anticipated to witness a rising number of manufacturing facilities in the projected period. Moreover, shifting production facilities from China to India, Vietnam, and South Korea on account of the coronavirus outbreak in the country are expected to build new facilities in the said countries. Thus, with a new production setup, demand for cable jacketing materials is expected to increase.
  • Electricity generation projects across the globe are expanding their capacities in light of growing demand from the consumers. The transmission of electricity from the generation plant to the consumer sites needs a reliable and secure channel. Thus, are positively affecting the demand for fire-resistant cable materials.
  • Regional Insights
  • Asia Pacific was the largest regional market with a share of 31.6% in 2019 and is anticipated to maintain its lead over the forecast period. China, India, Japan, South Korea, and Australia are the leading consumers of fire-resistant cables on account of rising need for fire safety in commercial and residential buildings. Furthermore, growing automotive production and prominent manufacturing of electrical machinery and equipment are expected to support industry growth in this region.
  • China accounted for the largest share of the overall consumption of fire resistant cable materials in the region owing to wide demand from building and construction applications. Well-established electrical and electronic industry in the country, along with an increasing number of bases for production, is further likely to increase the demand for products over the forecast period.
  • The automotive industry in the European economies is anticipated to ascend the demand for fire-resistant cable jacketing materials owing to an increase in the production of electric vehicles. Moreover, the building and construction industry in France, Italy, and Germany is expected to augment the market growth over the projected period.
  • Middle East and Africa is expected to exhibit the fastest CAGR of 5.1% from 2020 to 2027. Strong growth in the construction industry in Middle East and African is expected to build new commercial and office spaces across the region, thus creating scope for fire resistant materials in the construction projects. Saudi Arabia and UAE have several construction projects in the pipeline that are expected to provide growth prospects for the market.
  • KEY MARKET SEGMENTS
  • By Material
  • XLPE
  • LSZH
  • PVC
  • EPR
  • By End-use (Revenue, USD Million, 2016 - 2027)
  • Building & Construction
  • Automotive & Transportation
  • Manufacturing
  • Energy
  • Others
  • By Regional (Revenue, USD Million, 2016 - 2027)
  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • The U.K.
  • Germany
  • France
  • Italy
  • Russia
  • Asia Pacific
  • China
  • India
  • Japan
  • Central & South America (CSA)
  • Brazil
  • Middle East & Africa (MEA)
  • Saudi Arabia
  • KEY MARKET PLAYERS
  • Universal Cable (M) Berhad
  • Tratos Limited
  • General Cable Corporation
  • Prysmian Group
  • LS Cable & System Ltd."

SkyQuest's Expertise:

The Fire Resistant Cable Materials Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Material - XLPE, LSZH, PVC, EPR
  • By End-use (Revenue, USD Million, 2016 - 2027) - Building & Construction, Automotive & Transportation, Manufacturing, Energy, Others
  • By Regional (Revenue, USD Million, 2016 - 2027) - North America, The U.S., Canada, Mexico, Europe, The U.K., Germany, France, Italy, Russia, Asia Pacific, China, India, Japan, Central & South America (CSA), Brazil, Middle East & Africa (MEA), Saudi Arabia, KEY MARKET PLAYERS, Universal Cable (M) Berhad, Tratos Limited, General Cable Corporation, Prysmian Group
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • rview
  • The global fire resistant cable materials market size was valued at USD 509.3 million in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.4% from 2020 to 2027. Growing demand for insulating electric channels to tackle extreme heat and fire mishaps in building structures and manufacturing units is anticipated to ascend the demand for fire resistant cable materials over the forecast period. Stringent green building codes in North America and European economies are positively influencing the utilization of sustainable and fire resistant building materials, which is anticipated to have a positive impact on the demand for fire resistant cable materials. Increasing installation of electric wires in modern residential homes and commercial buildings and office spaces is likely to ascend the market growth.
  • In the U.S., demand for fire-resistant cable materials is anticipated to ascend at a significant rate owing to rise in demand for fire-resistant building structures. Moreover, abundant availability of raw materials in the country, along with well-established commercial channels and the presence of prominent manufacturers, is likely to support the market growth in the projected period.
  • Growing construction industry across the globe, specifically for commercial and office constructions, has surged the demand for sustainable building materials. To comply with green building codes, the modern commercial buildings and office space need fire resistant electric systems to tackle fire mishaps. This is further likely to affect market growth positively.
  • Increasing number of manufacturing facilities in major regions, such as Europe, North America, and Asia Pacific are focusing on providing workplace safety to the employees. Installation of a safe and secure electric supply channel is the primary concern for the players to avoid the risk of fire mishaps in the facilities, which is expected to support the product demand.
  • Advancement in wire jacketing applications has introduced advanced cables that can sustain in fire and heat environment for a longer duration. Moreover, the players are focusing on innovations in raw materials by compounding them for increased resistance and durability. Compatibility with high voltage wires is another factor increasing the penetration of cable materials for fire resistant wires.
  • Material Insights
  • The Cross-linked Polyethylene (XLPE) material segment accounted for the largest market share of 41.2% in 2019 and is expected to witness the highest growth from 2020 to 2027. High-grade insulation properties, coupled with superior electric conductor characteristics, are likely to increase the popularity of these materials for fire resistant cables over the forecast period.
  • The ability of XLPE to sustain in harsh weather conditions has increased its usage in the production of cables for long-distance electricity transmissions. The cables jacketed with cross-linked polyethylene offer superior insulation and enhanced current capacity and lightweight characteristics. Thus, these materials are gaining traction in the market.
  • Low Smoke Zero Halogens (LSZH) jacketing materials for fire-resistant cables are expected to gain momentum in the near future as they emit low smoke and no halogen when exposed to fire and heat environment. Furthermore, reduced flammability and cost-effectiveness of the material are likely to increase its demand in the coming years.
  • Polyvinyl Chloride (PVC) jacketing materials accounted for a substantial share in the market in 2019 owing to their wide commercial availability and known characteristics. Moreover, flexibility, low cost, wear resistance, and heat resistance up to 105-degree temperature are propelling its penetration in the market.
  • End-use Insights
  • In 2019, the building and construction industry led the market with a 35.5% share and is anticipated to witness the fastest growth from 2020 to 2027. The industry was the largest consumer of fire-resistant materials for cable jacketing applications. Growing concerns regarding fire resistant properties of building structures and the need for sustainable materials to tackle mishaps in the construction projects are anticipated to support the demand for products.
  • Electric wires used in automotive and transportation vehicles need superior insulation owing to an extreme heat environment. Growing popularity of electric vehicles across the globe is anticipated to increase the demand for cables that can supply electricity without deviation. This is further likely to support the demand for jacketed cables.
  • Growing manufacturing industries in North America, Europe, and Asia Pacific are anticipated to witness a rising number of manufacturing facilities in the projected period. Moreover, shifting production facilities from China to India, Vietnam, and South Korea on account of the coronavirus outbreak in the country are expected to build new facilities in the said countries. Thus, with a new production setup, demand for cable jacketing materials is expected to increase.
  • Electricity generation projects across the globe are expanding their capacities in light of growing demand from the consumers. The transmission of electricity from the generation plant to the consumer sites needs a reliable and secure channel. Thus, are positively affecting the demand for fire-resistant cable materials.
  • Regional Insights
  • Asia Pacific was the largest regional market with a share of 31.6% in 2019 and is anticipated to maintain its lead over the forecast period. China, India, Japan, South Korea, and Australia are the leading consumers of fire-resistant cables on account of rising need for fire safety in commercial and residential buildings. Furthermore, growing automotive production and prominent manufacturing of electrical machinery and equipment are expected to support industry growth in this region.
  • China accounted for the largest share of the overall consumption of fire resistant cable materials in the region owing to wide demand from building and construction applications. Well-established electrical and electronic industry in the country, along with an increasing number of bases for production, is further likely to increase the demand for products over the forecast period.
  • The automotive industry in the European economies is anticipated to ascend the demand for fire-resistant cable jacketing materials owing to an increase in the production of electric vehicles. Moreover, the building and construction industry in France, Italy, and Germany is expected to augment the market growth over the projected period.
  • Middle East and Africa is expected to exhibit the fastest CAGR of 5.1% from 2020 to 2027. Strong growth in the construction industry in Middle East and African is expected to build new commercial and office spaces across the region, thus creating scope for fire resistant materials in the construction projects. Saudi Arabia and UAE have several construction projects in the pipeline that are expected to provide growth prospects for the market.
  • KEY MARKET SEGMENTS
  • By Material
  • XLPE
  • LSZH
  • PVC
  • EPR
  • By End-use (Revenue, USD Million, 2016 - 2027)
  • Building & Construction
  • Automotive & Transportation
  • Manufacturing
  • Energy
  • Others
  • By Regional (Revenue, USD Million, 2016 - 2027)
  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • The U.K.
  • Germany
  • France
  • Italy
  • Russia
  • Asia Pacific
  • China
  • India
  • Japan
  • Central & South America (CSA)
  • Brazil
  • Middle East & Africa (MEA)
  • Saudi Arabia
  • KEY MARKET PLAYERS
  • Universal Cable (M) Berhad
  • Tratos Limited
  • General Cable Corporation
  • Prysmian Group
  • LS Cable & System Ltd."
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Fire Resistant Cable Materials Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Fire Resistant Cable Materials Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • rview
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The global fire resistant cable materials market size was valued at USD 509.3 million in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.4% from 2020 to 2027. Growing demand for insulating electric channels to tackle extreme heat and fire mishaps in building structures and manufacturing units is anticipated to ascend the demand for fire resistant cable materials over the forecast period. Stringent green building codes in North America and European economies are positively influencing the utilization of sustainable and fire resistant building materials, which is anticipated to have a positive impact on the demand for fire resistant cable materials. Increasing installation of electric wires in modern residential homes and commercial buildings and office spaces is likely to ascend the market growth.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In the U.S., demand for fire-resistant cable materials is anticipated to ascend at a significant rate owing to rise in demand for fire-resistant building structures. Moreover, abundant availability of raw materials in the country, along with well-established commercial channels and the presence of prominent manufacturers, is likely to support the market growth in the projected period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Growing construction industry across the globe, specifically for commercial and office constructions, has surged the demand for sustainable building materials. To comply with green building codes, the modern commercial buildings and office space need fire resistant electric systems to tackle fire mishaps. This is further likely to affect market growth positively.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Increasing number of manufacturing facilities in major regions, such as Europe, North America, and Asia Pacific are focusing on providing workplace safety to the employees. Installation of a safe and secure electric supply channel is the primary concern for the players to avoid the risk of fire mishaps in the facilities, which is expected to support the product demand.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Advancement in wire jacketing applications has introduced advanced cables that can sustain in fire and heat environment for a longer duration. Moreover, the players are focusing on innovations in raw materials by compounding them for increased resistance and durability. Compatibility with high voltage wires is another factor increasing the penetration of cable materials for fire resistant wires.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Material Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The Cross-linked Polyethylene (XLPE) material segment accounted for the largest market share of 41.2% in 2019 and is expected to witness the highest growth from 2020 to 2027. High-grade insulation properties, coupled with superior electric conductor characteristics, are likely to increase the popularity of these materials for fire resistant cables over the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The ability of XLPE to sustain in harsh weather conditions has increased its usage in the production of cables for long-distance electricity transmissions. The cables jacketed with cross-linked polyethylene offer superior insulation and enhanced current capacity and lightweight characteristics. Thus, these materials are gaining traction in the market.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Low Smoke Zero Halogens (LSZH) jacketing materials for fire-resistant cables are expected to gain momentum in the near future as they emit low smoke and no halogen when exposed to fire and heat environment. Furthermore, reduced flammability and cost-effectiveness of the material are likely to increase its demand in the coming years.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Polyvinyl Chloride (PVC) jacketing materials accounted for a substantial share in the market in 2019 owing to their wide commercial availability and known characteristics. Moreover, flexibility, low cost, wear resistance, and heat resistance up to 105-degree temperature are propelling its penetration in the market.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • End-use Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In 2019, the building and construction industry led the market with a 35.5% share and is anticipated to witness the fastest growth from 2020 to 2027. The industry was the largest consumer of fire-resistant materials for cable jacketing applications. Growing concerns regarding fire resistant properties of building structures and the need for sustainable materials to tackle mishaps in the construction projects are anticipated to support the demand for products.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Electric wires used in automotive and transportation vehicles need superior insulation owing to an extreme heat environment. Growing popularity of electric vehicles across the globe is anticipated to increase the demand for cables that can supply electricity without deviation. This is further likely to support the demand for jacketed cables.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Growing manufacturing industries in North America, Europe, and Asia Pacific are anticipated to witness a rising number of manufacturing facilities in the projected period. Moreover, shifting production facilities from China to India, Vietnam, and South Korea on account of the coronavirus outbreak in the country are expected to build new facilities in the said countries. Thus, with a new production setup, demand for cable jacketing materials is expected to increase.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Electricity generation projects across the globe are expanding their capacities in light of growing demand from the consumers. The transmission of electricity from the generation plant to the consumer sites needs a reliable and secure channel. Thus, are positively affecting the demand for fire-resistant cable materials.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Regional Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific was the largest regional market with a share of 31.6% in 2019 and is anticipated to maintain its lead over the forecast period. China, India, Japan, South Korea, and Australia are the leading consumers of fire-resistant cables on account of rising need for fire safety in commercial and residential buildings. Furthermore, growing automotive production and prominent manufacturing of electrical machinery and equipment are expected to support industry growth in this region.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China accounted for the largest share of the overall consumption of fire resistant cable materials in the region owing to wide demand from building and construction applications. Well-established electrical and electronic industry in the country, along with an increasing number of bases for production, is further likely to increase the demand for products over the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The automotive industry in the European economies is anticipated to ascend the demand for fire-resistant cable jacketing materials owing to an increase in the production of electric vehicles. Moreover, the building and construction industry in France, Italy, and Germany is expected to augment the market growth over the projected period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East and Africa is expected to exhibit the fastest CAGR of 5.1% from 2020 to 2027. Strong growth in the construction industry in Middle East and African is expected to build new commercial and office spaces across the region, thus creating scope for fire resistant materials in the construction projects. Saudi Arabia and UAE have several construction projects in the pipeline that are expected to provide growth prospects for the market.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Material
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • XLPE
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • LSZH
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • PVC
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • EPR
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By End-use (Revenue, USD Million, 2016 - 2027)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Building & Construction
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Automotive & Transportation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Manufacturing
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Energy
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Others
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Regional (Revenue, USD Million, 2016 - 2027)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The U.S.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Canada
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mexico
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The U.K.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Germany
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • France
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Italy
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Russia
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • India
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Japan
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Central & South America (CSA)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Brazil
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East & Africa (MEA)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Saudi Arabia
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Universal Cable (M) Berhad
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Tratos Limited
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • General Cable Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Prysmian Group
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • LS Cable & System Ltd."
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Fire Resistant Cable Materials Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fire Resistant Cable Materials Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

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Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

The global market for Fire Resistant Cable Materials was estimated to be valued at US$ XX Mn in 2021.

The global Fire Resistant Cable Materials Market is estimated to grow at a CAGR of XX% by 2028.

The global Fire Resistant Cable Materials Market is segmented on the basis of Material, End-use (Revenue, USD Million, 2016 - 2027), Regional (Revenue, USD Million, 2016 - 2027).

Based on region, the global Fire Resistant Cable Materials Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Fire Resistant Cable Materials Market are rview , The global fire resistant cable materials market size was valued at USD 509.3 million in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.4% from 2020 to 2027. Growing demand for insulating electric channels to tackle extreme heat and fire mishaps in building structures and manufacturing units is anticipated to ascend the demand for fire resistant cable materials over the forecast period. Stringent green building codes in North America and European economies are positively influencing the utilization of sustainable and fire resistant building materials, which is anticipated to have a positive impact on the demand for fire resistant cable materials. Increasing installation of electric wires in modern residential homes and commercial buildings and office spaces is likely to ascend the market growth. , In the U.S., demand for fire-resistant cable materials is anticipated to ascend at a significant rate owing to rise in demand for fire-resistant building structures. Moreover, abundant availability of raw materials in the country, along with well-established commercial channels and the presence of prominent manufacturers, is likely to support the market growth in the projected period. , Growing construction industry across the globe, specifically for commercial and office constructions, has surged the demand for sustainable building materials. To comply with green building codes, the modern commercial buildings and office space need fire resistant electric systems to tackle fire mishaps. This is further likely to affect market growth positively. , Increasing number of manufacturing facilities in major regions, such as Europe, North America, and Asia Pacific are focusing on providing workplace safety to the employees. Installation of a safe and secure electric supply channel is the primary concern for the players to avoid the risk of fire mishaps in the facilities, which is expected to support the product demand. , Advancement in wire jacketing applications has introduced advanced cables that can sustain in fire and heat environment for a longer duration. Moreover, the players are focusing on innovations in raw materials by compounding them for increased resistance and durability. Compatibility with high voltage wires is another factor increasing the penetration of cable materials for fire resistant wires. , Material Insights , The Cross-linked Polyethylene (XLPE) material segment accounted for the largest market share of 41.2% in 2019 and is expected to witness the highest growth from 2020 to 2027. High-grade insulation properties, coupled with superior electric conductor characteristics, are likely to increase the popularity of these materials for fire resistant cables over the forecast period. , The ability of XLPE to sustain in harsh weather conditions has increased its usage in the production of cables for long-distance electricity transmissions. The cables jacketed with cross-linked polyethylene offer superior insulation and enhanced current capacity and lightweight characteristics. Thus, these materials are gaining traction in the market. , Low Smoke Zero Halogens (LSZH) jacketing materials for fire-resistant cables are expected to gain momentum in the near future as they emit low smoke and no halogen when exposed to fire and heat environment. Furthermore, reduced flammability and cost-effectiveness of the material are likely to increase its demand in the coming years. , Polyvinyl Chloride (PVC) jacketing materials accounted for a substantial share in the market in 2019 owing to their wide commercial availability and known characteristics. Moreover, flexibility, low cost, wear resistance, and heat resistance up to 105-degree temperature are propelling its penetration in the market. , End-use Insights , In 2019, the building and construction industry led the market with a 35.5% share and is anticipated to witness the fastest growth from 2020 to 2027. The industry was the largest consumer of fire-resistant materials for cable jacketing applications. Growing concerns regarding fire resistant properties of building structures and the need for sustainable materials to tackle mishaps in the construction projects are anticipated to support the demand for products. , Electric wires used in automotive and transportation vehicles need superior insulation owing to an extreme heat environment. Growing popularity of electric vehicles across the globe is anticipated to increase the demand for cables that can supply electricity without deviation. This is further likely to support the demand for jacketed cables. , Growing manufacturing industries in North America, Europe, and Asia Pacific are anticipated to witness a rising number of manufacturing facilities in the projected period. Moreover, shifting production facilities from China to India, Vietnam, and South Korea on account of the coronavirus outbreak in the country are expected to build new facilities in the said countries. Thus, with a new production setup, demand for cable jacketing materials is expected to increase. , Electricity generation projects across the globe are expanding their capacities in light of growing demand from the consumers. The transmission of electricity from the generation plant to the consumer sites needs a reliable and secure channel. Thus, are positively affecting the demand for fire-resistant cable materials. , Regional Insights , Asia Pacific was the largest regional market with a share of 31.6% in 2019 and is anticipated to maintain its lead over the forecast period. China, India, Japan, South Korea, and Australia are the leading consumers of fire-resistant cables on account of rising need for fire safety in commercial and residential buildings. Furthermore, growing automotive production and prominent manufacturing of electrical machinery and equipment are expected to support industry growth in this region. , China accounted for the largest share of the overall consumption of fire resistant cable materials in the region owing to wide demand from building and construction applications. Well-established electrical and electronic industry in the country, along with an increasing number of bases for production, is further likely to increase the demand for products over the forecast period. , The automotive industry in the European economies is anticipated to ascend the demand for fire-resistant cable jacketing materials owing to an increase in the production of electric vehicles. Moreover, the building and construction industry in France, Italy, and Germany is expected to augment the market growth over the projected period. , Middle East and Africa is expected to exhibit the fastest CAGR of 5.1% from 2020 to 2027. Strong growth in the construction industry in Middle East and African is expected to build new commercial and office spaces across the region, thus creating scope for fire resistant materials in the construction projects. Saudi Arabia and UAE have several construction projects in the pipeline that are expected to provide growth prospects for the market. , KEY MARKET SEGMENTS, By Material, XLPE , LSZH , PVC , EPR , By End-use (Revenue, USD Million, 2016 - 2027) , Building & Construction , Automotive & Transportation , Manufacturing , Energy , Others , By Regional (Revenue, USD Million, 2016 - 2027) , North America , The U.S. , Canada , Mexico , Europe , The U.K. , Germany , France , Italy , Russia , Asia Pacific , China , India , Japan , Central & South America (CSA) , Brazil , Middle East & Africa (MEA) , Saudi Arabia , KEY MARKET PLAYERS, Universal Cable (M) Berhad , Tratos Limited , General Cable Corporation , Prysmian Group , LS Cable & System Ltd.".

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Fire Resistant Cable Materials Market

Product ID: UCMIG20D2131

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