Global Wire and Cable Compound Market was valued at USD 13,030.3 Million in 2019 and is expected to reach over USD 22,371.6 Million by 2026, growing at a CAGR of around 8.1% during the forecast period from 2020 to 2026
According to the report, the global wire compound and cable compound market was valued at USD 13,030.3 Million in 2019 and is expected to reach over USD 22,371.6 Million by 2026, growing at a CAGR of around 8.1% during the forecast period from 2020 to 2026.
Wire & Cable Compound are mainly used to prevent the leakage of moisture in power transmission cables. It works in the form of jacket for the conducting materials. The demand for wire and cable compound market is increasing due to increase in demand for advanced wire compounds and cable compounds in offshore, marine, aerospace, and oil & gas sector. Also, the demand from construction industry is increasing very rapidly owing to the growth of wire and compound cable.
Global Wire Compound and Cable Compound Market: Overview
Wire compound and cable compound are majorly utilized in different end-user sectors such as automotive, construction, power, and communication. Rapid infrastructural growth, mainly in developing economies, is anticipated to fuel the development of the global wire compound and cable compound market in the coming future.
Global Wire Compound and Cable Compound Market: Growth Factors
The global wire compound and cable compound market is likely to be driven by increasing automobile & power industries and growing infrastructural advancement activities all over the world. The construction sector is expected to be the highest increasing end-user business division of the global wire compound and cable compound market. The growing housing & building sector and augmented government expenditure in infrastructure are expected to result in an increased demand and requirement for the global wire compound and cable compound market. On the other hand, the developed and mature markets of North America and Europe are anticipated to inhibit the market development to some extent.
The global wire compound & cable compound are considered to be an important part of the wire and cable business because these compounds offer jacketing to conducting materials and high-quality insulation. These compounds offer excellent chemical and corrosion resistance, high sturdiness, high mechanical stability, abrasion resistance properties, and flexibility thus increasing the popularity of the market globally.
Global Wire Compound and Cable Compound Market: Segmentation
This global wire compound and cable compound market can be classified in terms of end-user industry, type, and region. In terms of type, the global wire compound and cable compound market is fragmented into the non-halogenated polymer and halogenated polymer. In terms of end-user, the global wire compound and cable compound market is categorized into power, automotive, construction, communication, and others.
Global Wire Compound and Cable Compound Market: Regional Analysis
In terms of geography, the global market for wire compound and cable compound is classified into Latin America, North America, Europe, the Middle East & Africa, and the Asia Pacific. Out of these regions, Asia Pacific is projected to be the fastest growing market for the wire compound and cable compound in the coming future. China anticipates being the major market for wire compound & cable compound in Asia Pacific region. High development in the housing industry & business building is likely to propel the demand and requirement for the global wire compound and cable compound market in the Asia Pacific. Others regions such as Europe and North America are expected to be a mature market for the wire compound and cable compound.
Global Wire Compound and Cable Compound Market: Competitive Players
Some of the most important market players in the global wire compound and cable compound market are Mexichem Specialty Compounds Inc., SCG Chemicals Co., Ltd., General Cable Technologies Corporation, E. I. du Pont de Nemours and Company, Exxon Mobil Corporation, PolyOne Corporation, Solvay S.A., Eastman Chemical Company, Borouge, Trelleborg AB, Electric Cable Compounds Inc., Hanwha Chemical Corporation, and Evonik Industries AG, among others
Global Wire Compound and Cable Market: Regional Segment Analysis
What Reports Provides
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Wire Compound and Cable Compound Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Wire Compound and Cable Compound Market
FIG. 6 Global Wire Compound and Cable Compound Market Attractiveness, By Type
FIG. 7 Global Wire Compound and Cable Compound Market Attractiveness, By End-User
FIG. 8 Global Wire Compound and Cable Compound Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2019
FIG. 10 Global Wire Compound and Cable Compound Market Revenue Share, By Type, 2019 & 2026
FIG. 11 Global Wire Compound and Cable Compound Market for Non-Halogenated Polymer, Revenue (USD Million) 2016 - 2026
FIG. 12 Global Wire Compound and Cable Compound Market for Halogenated Polymer, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Wire Compound and Cable Compound Market Revenue Share, By End-User, 2019 & 2026
FIG. 14 Global Wire Compound and Cable Compound Market for Power, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Wire Compound and Cable Compound Market for Automotive, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Wire Compound and Cable Compound Market for Construction, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Wire Compound and Cable Compound Market for Communication, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Wire Compound and Cable Compound Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Wire Compound and Cable Compound Market Revenue Share, by Region, 2019 & 2026
FIG. 20 North America Wire Compound and Cable Compound Market Revenue, 2016 - 2026 (USD Million)
FIG. 21 Europe Wire Compound and Cable Compound Market Revenue, 2016 - 2026 (USD Million)
FIG. 22 Asia Pacific Wire Compound and Cable Compound Market Revenue, 2016 - 2026 (USD Million)
FIG. 23 Latin America Wire Compound and Cable Compound Market Revenue, 2016 - 2026 (USD Million)
FIG. 24 The Middle-East and Africa Wire Compound and Cable Compound Market Revenue, 2016 - 2026 (USD Million)
FIG. 25 Mexichem Specialty Compounds Inc. Business Segment Revenue Share, 2018 (%)
FIG. 26 Mexichem Specialty Compounds Inc. Geographical Segment Revenue Share, 2018 (%)
List of Tables
TABLE 1 Global Wire Compound and Cable Compound Market: Snapshot
TABLE 2 Drivers of the Wire Compound and Cable Compound Market: Impact Analysis
TABLE 3 Restraints for the Wire Compound and Cable Compound Market: Impact Analysis
TABLE 4 Global Wire Compound and Cable Compound Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Wire Compound and Cable Compound Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Wire Compound and Cable Compound Market Revenue, By Type, 2016 – 2026 (USD Million)
TABLE 7 North America Wire Compound and Cable Compound Market Revenue, By End-User, 2016 – 2026 (USD Million)
TABLE 8 Europe Wire Compound and Cable Compound Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 9 Europe Wire Compound and Cable Compound Market Revenue, By Type, 2016 – 2026 (USD Million)
TABLE 10 Europe Wire Compound and Cable Compound Market Revenue, By End-User, 2016 – 2026 (USD Million)
TABLE 11 Asia Pacific Wire Compound and Cable Compound Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 12 Asia Pacific Wire Compound and Cable Compound Market Revenue, By Type, 2016 – 2026 (USD Million)
TABLE 13 Asia Pacific Wire Compound and Cable Compound Market Revenue, By End-User, 2016 – 2026 (USD Million)
TABLE 14 Latin America Wire Compound and Cable Compound Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 15 Latin America Wire Compound and Cable Compound Market Revenue, By Type, 2016 – 2026 (USD Million)
TABLE 16 Latin America Wire Compound and Cable Compound Market Revenue, By End-User, 2016 – 2026 (USD Million)
TABLE 17 The Middle-East and Africa Wire Compound and Cable Compound Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 The Middle-East and Africa Wire Compound and Cable Compound Market Revenue, By Type, 2016 – 2026 (USD Million)
TABLE 19 The Middle-East and Africa Wire Compound and Cable Compound Market Revenue, By End-User, 2016 – 2026 (USD Million)
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