According to Market Study Report, Fire Resistant Cable Market provides a comprehensive analysis of the Fire Resistant Cable Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.
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The Fire Resistant Cable Market is projected to grow from USD 1.76 Billion in 2018 to USD 2.06 Billion by 2023, at a CAGR of 3.2% from 2018 to 2023.
Top Companies Profiled in the Fire Resistant Cable Market:
- Prysmian Group (Italy)
- Nexans S. A. (France)
- General Cable Corporation (US)
- NKT Group (Denmark)
- Leoni AG (Germany)
- LS Cable & System Ltd. (South Korea)
- EL Sewedy Electric Company (Egypt)
- Universal Cable (M) Berhad (Malaysia)
- Tratos Limited (UK)
Excellent properties of XLPE insulation material has an edge over other insulation materials. The high thermal short circuit rating, excellent electrical property maintained under the full temperature range, resistance to thermal deformation at high temperatures, excellent water resistance and low permeability to water, excellent chemical resistance, high durability, and long operational life are some of the properties of XLPE that helped drive the XLPE segment.
Asia Pacific is projected to be the largest market for fire resistant cable during the forecast period. The growing demand for transmission and distribution systems, infrastructure projects, and energy projects (Oil & Gas, and Petrochemical) are driving the growth of Asia Pacific fire resistant cable market.
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Breakdown of primary participants’ profile:
- By Company Type: Tier 1 – 35%, Tier 2 – 41%, Tier 3 – 24%
- By Designation: C level – 56%, Director level – 28%, Others – 16%
- By Region:Asia Pacific – 33%, North America – 27%, Europe– 20%, Middle East & Africa – 13%, South America – 7%
Competitive Landscape of Fire Resistant Cable Market:
2 Contract: the Most Popular Growth Strategy
3 Competitive Situation and Trends
3.6 New Product Launches
3.8 Joint Ventures
The report defines, segments, and projects the fire resistant cable market based on end-use industry, insulation material,and region. It provides detailed information regarding the major factors influencing the growth of the market. It also profiles key players and comprehensively analyses their market shares and core competencies.
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