Wire & Cable Compounds Market by Type (Halogenated Polymers (PVC, CPE), Non-halogenated Polymers (XLPE, TPES, TPV, TPU), End-use Industry (Construction, Automotive, Power, Communication and others) and Region – Global Forecast to 2026

2022-01-19
Price :
Published : Jan-2022
No. of Pages : 194

“The wire & cable compounds market is projected to register a CAGR of 9.0% during the forecast period.”

The global wire & cable compounds market size is projected to grow from USD 12.5 billion in 2021 to USD 19.2 billion by 2021, at a CAGR of 9.0% between 2021 and 2026. Wire & cable compounds are specialty application materials used to formulate insulating and jacketing materials for wires & cables. They are also used in manufacturing semi-conductive shields for cables. These wire & cable compounds offer enhanced quality and performance standards which include new standards for safety, sustainability, and reliability as they provide high insulation properties. These wire & cable compounds are used in the construction, power, communication, and automotive industries. Wire & cable compounds have a major role in coating wires & cables as they provide safety insulation to the conducting wires

“Halogenated polymers by type are the fastest-growing wire & cable compounds type of wire & cable compounds market in terms of value.

Halogenated polymers are projected to register the highest CAGR in terms of value between 2021 and 2026. Halogenated polymers include polyvinyl chloride (PVC) and chlorinated polyethylene (CPE) which are widely used in various industries such as wire & cable, footwear, plastics, and packaging. PVC is used in a wider range of applications than CPE.

“Construction is the fastest-growing end-use industry of wire & cable compounds market, in terms of value.”

Construction is the largest and is projected to be the fastest-growing end-use industry of wire & cable compounds during the period of study. In the construction industry, wire & cable compounds are used for commercial, residential, and industrial purposes for power transmission and low- and medium-voltage cable applications.

“APAC is the fastest-growing wire & cable compounds market.”

APAC is projected to register the highest CAGR in terms of value in the global wire & cable compounds market during the forecast period. APAC dominated the wire & cable compounds industry in 2020. The Asia Pacific region is projected to be the fastest-growing market for wire & cable compounds owing to economic growth in emerging countries and a strong foothold in the developed countries in the market. The demand generated for wire & cable compounds from emerging countries is attributed to increased industrialization and urbanization. The demand generated from developed countries is majorly driven by the increased household spending due to the rapidly expanding middle class and rising disposable incomes.

Due to COVID-19, wire & cable compounds producers and numerous companies have halted their production sites across various countries that has led to reduced demand for wire & cable compounds, APAC countries. The recovery in the end-use industries with restoration in the supply chain would drive the wire & cable compounds demand during the forecast period.

This study has been validated through primary interviews conducted with various industry experts globally. These primary sources have been divided into the following three categories:

  • By Company Type– Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
  • By Designation– C Level- 50%, Director Level- 20%, and Others- 30%
  • By Region– North America- 15%, Europe- 50%, Asia Pacific (APAC) – 20%, Latin America-5%, Middle East & Africa (MEA)-10%,

The report provides a comprehensive analysis of company profiles listed below:

  • DuPont de Nemours, Inc. (US),
  • Solvay S.A. (Belgium),
  • Evonik Industries AG (Germany),
  • Borouge (UAE), Avient Corporation (US),
  • Eastman Chemical Company (US),
  • Exxon Mobil Corporation (US),
  • Hanwha Solutions Corporation (South Korea),
  • Siam Cement Public Company Limited (Thailand),
  • Trelleborg AB (Sweden),
  • Mitsubishi Chemical Corporation (Japan),

Research Coverage

This report covers the global wire & cable compounds market and forecasts the market size until 2026. The report includes the market segmentation – By Type (Halogenated polymers and non-halogenated polymers), End-use Industry (construction, power, communication, automotive, and Others) and Region (Europe, North America, APAC, South America, and MEA). Porter’s Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global wire & cable compounds market.

Key benefits of buying the report:

The report will help market leaders/new entrants in this market in the following ways:

  • This report segments the global wire & cable compounds market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
  • The report helps stakeholders understand the pulse of the wire & cable compounds market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.

Reasons to buy the report:

The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall wire & cable compounds market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Filed in: Semiconductor & Electronics
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Motion Control Market by Offering (Actuators & Mechanical Systems, Motors, Motion Controllers, Drives, Sensor & Feedback Devices, Software & Services), System (Open-loop, Closed-loop), Industry and Region (2022-2027)

“Accelerating utilization of IIoT devices integrated with motion control systems is set to drive the motion control market.” The global motion control market size is expected to grow from USD 15.5 billion in 2022 to USD 20.0 billion by 2027, at a CAGR of 5.2% between 2022 and 2027. A major trend that is supporting the growth of the motion control market is the integration of systems with the Industrial Internet of Things (IIoT). Predictive maintenance is a trend made possible by digitization and the shift toward the IIoT. The manufacturers who rely on heavy equipment uptime can predict the machines that are approaching a failure state and isolate and address those physical assets before they pose a risk to throughput, profits, and employee safety. For instance, drives can deliver re......
$4950

Radiation Hardened Electronics Market by Component (Mixed Signal ICs, Processors & Controllers, Memory, Power Management), Manufacturing Techniques (RHBD, RHBP), Product Type, Application and Geography (2022-2027)

“The radiation hardened electronics market is projected to grow at a CAGR of 4.0% during 2022–2027” The radiation hardened electronics market is expected to grow from USD 1.5 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 4.0% during the forecast period. Growing intelligence, surveillance, and reconnaissance (ISR) operations worldwide is driving the market for radiation hardened electronics. ISR space operations also include the constellation of satellites that is used for tracking targets, missile warning, data coverage, communication, and other capabilities, which accelerates the demand for radiation-hardened electronics. Furthermore, increasing demand for radiation hardened electronics in commercial satellites has increased the demand for radiation-hardened electroni......
$4950

Pressure Transmitter Market by Sensing Technology, Type (Absolute, Gauge, Differential Pressure, and Multivariable), Fluid Type (Liquid, Gas, and Steam), Application (Level, Pressure, and Flow), Industry and Region – Global Forecast to 2027

 “Pressure transmitter market to grow at a CAGR of 3.6% from 2022 to 2027 to reach USD 3.5 billion by 2027” The pressure transmitter market size is expected to grow from USD 2.9 billion in 2022 to USD 3.5 billion by 2027; it is expected to grow at a CAGR of 3.6% from 2022 to 2027. The key factors driving the growth of the pressure transmitter market are growing adoption of Industrial Internet of Things (IIoT), IO-Link, Smart Sensors, and Industry 4.0 technologies. Growing potential of process industries and rapidly increasing demand for industrial automation solutions are major factors promoting the growth of the pressure transmitter market. “Multivariable pressure transmitters expected to grow at the highest rate from 2022 to 2027” Multivariable pressure transmitters dyn......
$4950

Building Automation System Market by Offering (Facility Management Systems, Security & Access Controls, Fire Protection Systems, BEM Software, BAS Services), Communication Technology (Wireless, Wired), Application and Region – Global Forecast to 2027

“The building automation system market is projected to grow at a CAGR of 11.4% from 2022 to 2027.” The building automation system market is projected to reach USD 148.6 billion by 2027 from USD 86.8 billion in 2022; it is expected to grow at a CAGR of 11.4% from 2022 to 2027. The growth of the building automation system market is fueled by the increasing requirement for energy-efficient facilities with enhanced security systems. Besides this, advancements in wireless communication technologies have reduced the complexity and the cost of installing building automation systems in the existing buildings. The combination of IoT and building automation has also enabled the exchange of information among several electronic devices and the cloud without the need for direct human interventio......
$4950

Terahertz Technology Market by Type (Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems), Application (Laboratory Research, Medical & Healthcare, Satellite Communication), and Geography (2022-2027)

“Increasing demand for 6G communication pertaining to the development of terahertz technology market is set to drive the growth of the market” The global terahertz technology market was valued at USD 0.6 billion in 2022 and is projected to reach USD 1.2 billion by 2027, registering a CAGR of 14.7% during the forecast period. The rise in demand for terahertz technology-based products is also attributed to stringent government regulations for public safety and homeland security, the rise in demand for terahertz technology in the medical sector, and the adoption of terahertz systems in the semiconductor industry. Stringent government regulations for public safety and homeland security and a rise in demand for terahertz technology in the medical sector fuel the growth of the terahert......
$4950

Functional Safety Market by System (ESD, F&G, TMC, BMS, HIPPS, SCADA, DCS), Device (Safety Sensors, Safety Controllers, Programmable Safety Systems, Safety Switches, Emergency Stop Devices), Sales Channel, Industry & Region – Global Forecast to 2027

“Functional safety market to grow at significant rate from 2022 to 2027” The global functional safety market size is estimated to grow from USD 5.2 billion in 2022 to USD 7.2 billion by 2027, at a CAGR of 6.8%. Mandates for safety regulations play a significant role in the growth of the functional safety market. The US government and governments of countries in Europe are undertaking constructive measures to prevent accidents by enforcing regulations related to personnel and process safety and installing certified equipment, including explosion-proof sensors, switches, and actuators in hazardous locations. "Systems compliant with SIL 3 accounted for the largest share in the functional safety market in 2021” The systems compliant with SIL 3 accounted for the largest share in ......
$4950

Bus Seat Market with COVID-19 Impact Analysis, by Component, Comfort Type (High comfort, Low Comfort), Seat type (Regular passenger Seat, Recliner Seat, Folding Seat, Driver Seat, Integrated Child Seat), Bus Type and Region – Global Forecast to 2027

“Increasing demand for new passenger bus seat with better safety and comfort for electric buses will grow highest during the period” The bus seat market is expected to grow from USD 12.5 billion in 2022 to USD 16.3 billion in 2027, at a CAGR of 5.6%. The market growth can be attributed to several factors such as strong growth in electric bus sales. The step taken to reduce pollution is rapidly adopted by automobile industry by replacing fossil fuels with renewable or eco-friendly energy solution. Electric vehicles such as cars and buses have increased in demand; this is due to many factors such as lower cost of fuel compared to diesel or petrol, infrastructure to use renewable source of electricity is easily available, higher efficiency of buses, the cost of maintenance is compar......
$4950

Non-dispersive Infrared (NDIR) Market by Gas Type (Carbon dioxide, hydrocarbons,others), Application (Monitoring, HVAC, Detection and Analysis), Vertical (Industrial & Manufacturing, Oil & Gas) and Region – Global Forecast to 2027

Increasing demand for NDIR CO2 sensors in the food processing & storage industry The NDIR market is projected to grow from USD 0.7 billion in 2022 to USD 1.0 billion by 2027, recording a CAGR of 6.0% between 2022 and 2027. Major factors driving the growth of the NDIR market include increasing demand for NDIR CO2 sensors in the food processing & storage industry. NDIR CO2 sensors are widely used for real-time monitoring of carbon dioxide concentration in Modified atmospheric packaging (MAP)  due to their high accuracy, fast response, low cost, stable operation, and long life. These sensors permit a longer transport time, minimize food wastages, and reduce other costs. Edinburgh Sensors (UK), Cubic Sensor and Instrument Co., Ltd. (China), and smart GASMikrosensorik GmbH (Germany)......
$4950

Smart Glass Market by Technology (Suspended Particle Display, Electrochromic Glass, Liquid Crystals, Micro blinds, NanoCrystals, Photochromic and Thermochromic), Application, Control Mode and Geographic Analysis – Global Forecast to 2027

“Government support for energy efficient construction, along with the rising use of smart glass in automobile application is set to drive the smart glass market” The global smart glass market is projected to grow from USD 5.0 billion in 2022 to USD 8.2 billion by 2027; it is expected to grow at a CAGR of 10.4% from 2022 to 2027. The market has a promising growth potential due to several factors, including high potential in solar power generation plants, new avenues for growth, growing need for sustainable buildings, minimalist architecture has huge potential for smart glass and rising demand for energy efficient products. Moreover, increasing importance of smart glass in the healthcare industry and energy saving capacity of smart glass could play a key role in driving the growth of ......
$4950

Near-Eye Display Market by Technology (TFT LCD, OLEDoS, LCoS, MicroLED, AMOLED, DLP, Laser Beam Scanning), Device Type (AR, VR), Vertical (Consumer, Medical, Aerospace & Defense, Automotive) and Geography – Global Forecast to 2027

“Growing investments by technology giants pertaining to the development of near-eye display based AR and VR devices are set to drive the growth of the market” The global near-eye display market size is estimated to be USD 1.7 billion in 2022 and is projected to reach 5.3 billion by 2027, at a CAGR of 24.7% during the forecast period. The market has a promising growth potential due to several factors, including the emergence of metaverse, surge in the use of OLEDoS micro displays, and rising adoption of AR and VR devices. Near-eye displays are becoming popular in emerging fields of virtual reality (VR), augmented reality (AR), and wearable computing. They have the power to create novel experiences that potentially revolutionize applications in aerospace & defense, medical, aut......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy