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Wire And Cable Compounds Market Report 2023 - Industry Size, Analysis, Trends And Forecast To 2032 | DuPont de Nemours Inc., Solvay S.A., Evonik Industries AG, Borouge, Avient Corporation
Wire And Cable Compounds Market
Wire And Cable Compounds Market Size, Growth Rate, And Forecast
The global wire & cable compounds market size grew from $11.32 billion in 2022 to $12.58 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The wire & cable compounds market size is expected to grow to $18.65 billion in 2027 at a CAGR of 10.4%.
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Wire And Cable Compounds Market Drivers
The growing construction sector is expected to propel the growth of the wire and cable compound market going forward. The construction sector refers to the sector of industry and trade that deals with creating, maintaining, and repairing infrastructures.
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Wire And Cable Compounds Market Segments
1. By Type: Halogenated Polymers, Non-Halogenated Polymers.
2. By Function: Insulation, Sheathing
3. By End-Use Industry: Construction Wind Energy, Power, Communication, Automotive, Other End Use Industries.
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wire And Cable Compounds market.
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Wire And Cable Compounds Market Key Players
Major competitors in the wire and cable compounds market include DuPont de Nemours Inc., Solvay S.A., Evonik Industries AG, Borouge, Avient Corporation, Eastman Chemical Company, Exxon Mobil Corporation, Hanwha Solutions Corporation.
The Business Research Company's "Global Wire And Cable Compounds Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Wire And Cable Compounds Market Include:
1. Executive Summary
2. Wire & Cable Compound Market Characteristics
3. Wire & Cable Compound Market Trends And Strategies
4. Wire & Cable Compound Market - Macro Economic Scenario
5. Wire & Cable Compound Market Size And Growth
……
26. Africa Wire & Cable Compound Market
27. Wire & Cable Compound Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wire & Cable Compound Market
29. Wire & Cable Compound Market Future Outlook and Potential Analysis
30. Appendix
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