Flame Retardant Cable Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Flame retardant cables resist the spread of fire into a new area, while fire rated cables maintain circuit integrity and continue to work for a specified time under defined conditions. The fundamental feature is: in the case of fire may be burned and can\'t run, but can prevent the spread of the fire, the combustion is limited to the local scope, does not spread, keep other kinds of equipment, to avoid causing greater losses.
First, as for the Europe flame retardant cable industry, the industry structure is relatively dispenser. The top five manufacturers only have 53.16% revenue market share in 2016. The manufacturers following Prysmian Group, Nexans, which respectively has 22.45% and 20.67% market share.
Second, the Europe consumption of flame retardant cable products rises up from 3494 K Meters in 2012 to 4054 K Meters in 2016, with an average annual growth rate of 3.68%. At the same time, the revenue of Europe flame retardant cable sales market has a leap from 10317 K dollars to 11035 K dollars. The reason causes this increase is the growing demand for the flame retardant cable products, which is the result of the growing needs of downstream industry.
Third, the downstream industries of flame retardant cable products are building, power plant and manufacturing factory. In the recent years, with the recovery of global economic, the development of emerging countries and the rising awareness of fire-resistant, the consumption increase of flame retardant cable will be obvious. In the foreseeable future, the flame retardant cable products will show an optimistic upward trend.
Finally, although sales of flame retardant cable products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the flame retardant cable field hastily.
The Global Flame Retardant Cable Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Flame Retardant Cable Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Nexans
Prysmian Group
Keystone Cable
Axon\'Cable
Leoni AG
Belden Electronics
Coleman Cable Inc.
Shanghai Delixi Group
Tsubaki Kabelschlepp
Changzhou Bayi Cable
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Low-smoke Halogen-free Flame-retardant Cable
Low-smoke Low-Halogen Flame-retardant Cable
Low-smoke Halogen% Flame-retardant Cable
In Market segmentation by applications :
Buildings
Power Plant and Manufacturing Factory
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Flame Retardant Cable Market for the forecast period 2023 - 2030?
• What are the driving forces in the Flame Retardant Cable Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Flame Retardant Cable industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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