Press release
Submarine Cable Recycling Market Revenue Share, Insights & Future Outlook
What Is the Growth Outlook for the Submarine Cable Recycling Market?The global market for Submarine Cable Recycling was valued at US$ 226 million in 2024 and is projected to reach a revised size of US$ 328 million by 2031, growing at a CAGR of 5.4% during the forecast period.
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What Are the Key Segments Driving the Submarine Cable Recycling Industry?
This report provides a comprehensive presentation of the global market for Submarine Cable Recycling, with both quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, and make informed business decisions.
By Type:
• Communication Cable Repair
• Power Cable Repair
By Application:
• Deep Sea
• Shallow Sea
By Region:
• North America (United States, Canada)
• Europe (Germany, France, UK, Italy, Russia) Rest of Europe
• Nordic Countries
• Asia-Pacific (China, Japan, South Korea)
• Southeast Asia (India, Australia)
• Rest of Asia
• Latin America (Mexico, Brazil)
• Rest of Latin America
• Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
Which Companies Are Leading the Submarine Cable Recycling Market?
The major global companies in Submarine Cable Recycling include:
• Mertech Marine: Specializes in recovering and recycling out-of-service submarine telecom cables.
• Oceanic Environmental Cables: Focused on environmentally responsible recycling of submarine cable waste.
• K2 Polymers: Known for expertise in recycling polymers extracted from submarine cables.
• Telstra: Plays a key role in managing retired subsea infrastructure for sustainable reuse.
• Subsea Environmental Services: Provides cable recovery and decommissioning solutions for the subsea sector.
• Reclaim Subsea: Dedicated to sustainable subsea cable recovery and material recycling.
• Nexans: A global leader in cable manufacturing, also active in subsea cable recycling and reuse.
• Interbaro Recycling: Specializes in the processing and recycling of submarine cable components.
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