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North American Fire-Resistant Cable Market Is Likely to Experience a Tremendous Growth by 2029

09-05-2023 08:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

North American Fire-Resistant Cable Market Is Likely

The North American fire-resistant cable market is anticipated to grow at a CAGR of 5.6% during the forecast period. The region will experience lucrative growth in the market owing to the high demand for fire-resistant cable owing to proper implementation of state and national policies and building codes to improve fire safety, educational campaigns focusing on smoke detectors. The use of fire-resistant cable aids in reducing approximately 20.0% of the energy consumption as an additional benefit. In addition to this, the housing sector is expected to gain momentum in the coming years and hence, a considerable increase in the fire-resistant cable market is expected during the forecast period.

The North American fire-resistant cable market is segmented based on the insulation material and end-use industry. Based on the insulation material, the market is sub-segmented into EPR, LSZH, XLPE, and PVC. Among which PVC cables are anticipated to capture a significant share across the region owing to its high popularity. Further, based on the end-use industry, the market is sub-segmented into automotive and transportation, energy, manufacturing, building and construction, and others. Automotive & transportation also include marine, aviation, and railways. Energy includes renewable energy such as wind, solar, offshore; hydro, thermal & nuclear power plants, and oil & gas sectors. Building & construction include homes, commercial buildings, offices, and other public places. Others include the telecom sector.

To Request a Sample of our Report on North American Fire-Resistant Cable Market:  https://www.omrglobal.com/request-sample/north-american-fire-resistant-cable-market

North American Fire-Resistant Cable Market Segmentation

By Insulation Material

EPR (Ethylene propylene rubber)
LSZH (Low Smoke Zero Halogen)
XLPE (Cross-Linked Polyethylene)
PVC (Poly Vinyl Chloride)

By End-Use Industry

Automotive & Transportation
Energy
Manufacturing
Building & Construction
Others

A full Report of North American Fire-Resistant Cable Market is Available at:  https://www.omrglobal.com/industry-reports/north-american-fire-resistant-cable-market

Regional Analysis

US
Canada

Company Profiles

American Fire Wire
Anixter, Inc. 
Axon' Cable SAS
Borealis AG
FURUKAWA ELECTRIC CO., LTD
Houston Wire & Cable Co.
LEONI AG 
Prysmian Group 

Reasons to buy from us -

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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/north-american-fire-resistant-cable-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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