Global fire resistant cable market expected to reach USD 2.12 billion in 2024, growing at a CAGR of 3.2% between 2018 and 2024. The rising awareness about fire safety, security, and protection and growing urbanization are expected to drive the fire resistant cable market.
Fire Resistant Cable Market
The report on a fire resistant cable market provides a comprehensive glance at a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue and volume. The study includes major driving forces and restraints for the fire resistant cable market along with the impact they have on the demand over the forecast period. Furthermore, the study also provides the major avenues of the global fire resistant cable market.
The global fire resistant cable market study also comprises a detailed value chain analysis for providing a comprehensive view of the market. Moreover, the study also includes Porter’s Five Forces model for fire resistant cable, to understand the competitive landscape of the global market. The study includes a market attractiveness analysis of all the market segments.
The study provides a significant view of the global fire resistant cable market is classified based on insulation material, end-use industry, and region. These segments have been estimated and forecasted with the future and past trends. By insulation material, the fire resistant cable market is divided into XLPE, PVC, LSZH, EPR, and others. By end-user industries, the fire resistant cable market includes automotive and transportation, building and construction, energy, manufacturing, and others. The regional segmentation includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Furthermore, these regions are divided into major countries, such as the U.S., India, Germany, France, UK, China, Japan, and Brazil.
Some of the major players operating in the global fire resistant cable market General Cable Corporation, Prysmian Group, LS Cable & System Ltd., Nexans S.A., Leoni AG, NKT Group, Universal Cable (M) Berhad, Tratos Limited, and EL Sewedy Electric Company, among others.
This report segments the global fire resistant cable market as follows: