Fire Resistant Cable Market Is Set For Rapid Growth And Is Expected To Reach USD 2.13 Billion By 2026 | Key Competitors like El Sewedy Electric Co (Egypt), Universal Cable (M) Berhad (Malaysia), Tratos Limited (England)
The Fire Resistant Cable report includes key manufacturers covered, key market segments, scope of products offered in the global market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of type of product and application. It gives summary of the key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. Each key player profiled in this Fire Resistant Cable report is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors. It encloses the complete examination, including an evaluation of the parent market.
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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.
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.
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Building & Construction
Automotive & Transportation
Key Market Competitors:
General Cable Corporation
Dubai Cable Company Ltd.(Dubai)
Tele-Fonika Kable SA (Poland)
Keystone Cable (S) Pte Ltd (Singapore)
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), 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.
Major Points from Table of Content:
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Future of the Market
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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.
Increasing demand for fire resistant cables from building and construction industry
Increasing power generation projects worldwide
Volatile prices of raw materials
Availability of cheap quality products
Global Fire Resistant Cable Market Segmentation:
By Insulation Material
Middle East & Africa
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