Stratview Research delivers key insights on the global Fire-Resistant Cable Market.

The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.

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Market Insights

The Fire-Resistant Cable Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.

Profiling Key Companies –

Prysmian Group

Nexans S.A.

General Cable Corporation

NKT Group

Leoni AG

LS Cable & System Ltd.

EL Sewedy Electric Company

Tratos Limited

Jiangnan Group Limited

Tele-Fonika Kable SA.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Fire-Resistant Cable Market value and growth drivers over the trend period of 2022-27. According to the report -

Fire-Resistant Cable Market are those cables designed for functioning and maintaining continuous operations in the fire conditions. Fire safety regulations of different countries create a push in the usage of fire-resistant cables for various end-use industries. The global fire-resistant cable market is likely to witness a CAGR of 3.8% during the forecast period. Rapid growth in industrialization and urbanization, increasing awareness regarding fire safety accidents, and regulatory standards of fire safety across regions are fueling the global fire-resistant cable market.

Segment Analysis:

Based on Insulation Material Type:

Based on the insulation material type, the market is segmented as XLPE, PVC, LSZH, EPR, and others. The XLPE segment is estimated to register the highest growth in the coming five years. This growth is attributed to the increasing demand for fire-resistant cables from end-use industries.

Based on Region:

In terms of regions, Asia-Pacific is expected to be the fastest-growing market for fire-resistant cables in the coming five years. China and India are the growth engines of the region. The market is sustained by the rising demand from end-use industries and growing safety standards. North America and Europe are also likely to offer sizeable growth opportunities in the coming five years.

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Covid Impact

This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.

• Appropriate market trend and forecast analysis.
• All-inclusive report
• Decent price-performance ratio
• Reliable data
• Attractive market segments and associated growth opportunities.

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