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Fire Resistant Cable Market Overview, Industry Top Manufactures, Market Size, Industry Growth Analysis & Forecast 2015: Prysmian Group, Nexans Sweden AB, General Cable, NKT, LEONI, LS Cable & System, Elsewedy Electric, Tratos
Global Fire Resistant Cable Market? Industry Trends and Forecast to 2025
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Market Analysis: Global Fire Resistant Cable Market
The Global Fire Resistant Cable Market is expected to reach USD 2.3 billion by 2025, from USD 1.7 billion in 2017 growing at a CAGR of 3.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
For instance, In 2017, Nexans S.A. (France) is a global cabling products as well as services provider spent approximately USD 95.40 million in 2016 on R&D to expand its product portfolio to perpetuate its strong presence in the industrial cables market. The company mainly put efforts on smart grids, energy transition and safety.
Key Market Competitors: Global Fire Resistant Cable Market
The key players operating in the global fire resistant cable market are –
• Prysmian Group
• Nexans S.A.
• General Cable Corporation
• NKT Group
• Leoni AG
The other players in the market are LS Cable & System Ltd. (South Korea), El Sewedy Electric Co (Egypt), Universal Cable (M) Berhad (Malaysia), Tratos Limited (England), Jiangnan Group Limited (China), Dubai Cable Company Ltd.(Dubai), Tele-Fonika Kable SA (Poland), Keystone Cable (S) Pte Ltd (Singapore), Siccet SRL (Italy), Middle East Specialized Cables Company (Riyadh), Walsin Lihwa Corporation (Taiwan), Cavicel S.P.A(Italy), ST Cable Corporation (Taiwan) and many more.
Market Drivers:
• Increasing demand for fire resistant cables from building and construction industry
• Increasing power generation projects worldwide
Market Restraint:
• Volatile prices of raw materials
• Availability of cheap quality products
Click Here for Table of Content to Better Understanding of Report @ https://databridgemarketresearch.com/toc/?dbmr=global-fire-resistant-cable-market
Segmentation: Global Fire Resistant Cable Market
By Insulation Material
• XLPE
• PVC
• LSZH
• EPR
• Others
By End Use Industry
• Building & Construction
• Automotive & Transportation
• Manufacturing
• Energy
• Others
By Geography
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Competitive Analysis: Global Fire Resistant Cable Market
The global fire resistant cable market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fire resistant cable market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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