Press release
Fire Resistant Cable Market Size, Share, Trends, Analysis, Growth and Forecast 2028
Fire Resistant Cable Market
Fire resistant cables are mostly preferred in the building and construction industry, due to their low toxic gas emission and smoke, fire resistance, flame retardant properties, long-term circuit integrity during fires, simple and cost-effective installation, and zero halogen gas emissions. The rising utilization of fire resistant cables across various end-user industries is likely to drive this market's margin in the upcoming years.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.zionmarketresearch.com/sample/fire-resistant-cable-market
The rising awareness about fire safety, security, and protection and growing urbanization is expected to drive the fire resistant cable market. Renovation of overhead and underground lines, replacement of old infrastructure, grid maintenance, and development of a global rail network are further expected to be the key drivers of the fire resistant cable market. However, fluctuating raw material prices and the availability of lower priced substitutes might hamper this market's growth. Nonetheless, the manufacturing players are concentrating on innovative products that are anticipated to create new market opportunities.
The insulation material segment of the fire resistant cable market comprises XLPE, PVC, LSZH, EPR, and others. Among these, the XLPE segment is likely to emerge as the most dominant insulation material type. Furthermore, it held a major market share in 2017. By end-user industries, the fire resistant cable market includes automotive and transportation, building and construction, energy, manufacturing, and others. In 2017, the building and construction industry held the largest market share, due to rapid urbanization and the need for fire safety Furthermore, the increasing demand for fire resistant cable in the automotive and transportation, manufacturing, and energy industries is likely to propel the global fire resistant cable market in the years to come.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.zionmarketresearch.com/report/fire-resistant-cable-market
The Asia Pacific was the largest market for fire resistant cable, due to the increased product demand by the building and construction industries. The Asia Pacific is anticipated to register the rate of the fastest growth in this global market in the future. China and India are major markets for fire resistant cables, due to the rising demand for their usage in the automotive and transportation, building and construction, manufacturing, and energy industries. Furthermore, Europe held the second largest share in the market for fire resistant cables followed by North America in 2017. The Middle East and Africa are potential markets for fire resistant cables, due to the growing building and construction industry, which is expected to fuel this market in the forecast time period.
Some of the major players operating in the global fire resistant cable market are 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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.zionmarketresearch.com/inquiry/fire-resistant-cable-market
๐๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ซ๐ ๐ซ๐๐ฌ๐ข๐ฌ๐ญ๐๐ง๐ญ ๐๐๐๐ฅ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฌ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:
๐๐ฅ๐จ๐๐๐ฅ ๐ ๐ข๐ซ๐ ๐๐๐ฌ๐ข๐ฌ๐ญ๐๐ง๐ญ ๐๐๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
XLPE
PVC
LSZH
EPR
Others
๐๐ฅ๐จ๐๐๐ฅ ๐ ๐ข๐ซ๐ ๐๐๐ฌ๐ข๐ฌ๐ญ๐๐ง๐ญ ๐๐๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐-๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Building & Construction
Automotive & Transportation
Manufacturing
Energy
Others
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