The Worldwide Wire & Cable Compounds Industry is Expected to Reach $19.2 Billion by 2026'

DUBLIN, Jan. 26, 2022 /PRNewswire/ -- The 'Global 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 - Forecast to 2026' report has been added to ResearchAndMarkets.com's offering.

The global wire & cable compounds market size is projected to grow from USD 12.5 billion in 2021 to USD 19.2 billion by 2026, 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.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights 4.1 Wire & Cable Compounds Market Size, by Value4.2 Wire & Cable Compounds Market, by Type, 20204.3 Wire & Cable Compounds Market, by End-Use Industry, 20204.4 Wire & Cable Compounds Market Growth, by Key Countries

5 Market Overview 5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Construction Sector is Highest Growing in All Regions5.2.1.2 Increased Government and Private Sector Spending for Development of Renewable Energy Resources5.2.1.3 Higher Demand for Lightweight and Fuel-Efficient Vehicles5.2.1.4 Rising Demand for Advanced Wires & Cables in Offshore, Marine, Aerospace, and Oil & Gas Sectors5.2.2 Restraints5.2.2.1 Government Regulations Restricting the Use of Halogenated Polymers5.2.2.2 Global Pandemic Led to Reduced Demand5.2.3 Opportunities5.2.3.1 Increasing Demand for Electric Vehicles5.2.3.2 Rising Demand from Emerging Markets5.2.4 Challenges5.2.4.1 Increasing Wireless Communication Technology5.2.4.2 Maintaining Uninterrupted Supply Chains due to COVID-195.3 Porter's Five Forces Analysis5.3.1 Bargaining Power of Suppliers5.3.2 Bargaining Power of Buyers5.3.3 Threat of Substitutes5.3.4 Threat of New Entrants5.3.5 Intensity of Competitive Rivalry5.4 Technology Analysis5.5 Ecosystem: Wire & Cable Compounds Market5.6 Supply Chain Analysis5.7 Value Chain Analysis5.8 Selection of Raw Material5.9 Impact of COVID-195.9.1 Impact of COVID-19 on Construction Industry5.9.2 Shortage of Liquidity5.9.3 Wire & Cable Compounds Market: Optimistic, Pessimistic, and Realistic Scenarios5.9.3.1 Optimistic Scenario5.9.3.2 Pessimistic Scenario5.9.3.3 Realistic Scenario5.10 Key Market for Import/Export5.11 Case Study Analysis5.12 Patent Analysis5.13 Jurisdiction Analysis5.14 Top Applicants' Analysis

6 Wire & Cable Compounds Market, by Type 6.1 Introduction6.2 Halogenated Polymers6.2.1 Halogenated Polymers Market, by Region6.2.2 Polyvinyl Chloride (Pvc)6.2.3 Chlorinated Polyethylene (Cpe)6.3 Non-Halogenated Polymers6.3.1 Non-Halogenated Polymers Market Size, by Region6.3.2 Cross-Linked Polyethylene (Xlpe)6.3.3 Thermoplastic Elastomers (Tpes)6.3.4 Thermoplastic Olefins (Tpos)6.3.5 Thermoplastic Polyurethane (Tpu)6.3.6 Thermoplastic Vulcanates (Tpv)

7 Wire & Cable Compounds Market, by End-Use Industry 7.1 Introduction7.2 Construction7.2.1 Commercial7.2.2 Residential7.2.3 Industrial7.2.4 Wire & Cable Compounds Market Size in Construction End-Use Industry, by Region7.3 Power7.3.1 Nuclear Power Plants7.3.2 Windmill-Powered Plants7.3.3 Wire & Cable Compounds Market Size in Power End-Use Industry, by Region7.4 Communication7.4.1 Medium/High Voltage Insulation Cables7.4.2 Low Voltage Power Cable Insulation7.4.3 Dielectric Insulation7.4.4 Wire & Cable Compounds Market Size in Communication End-Use Industry, by Region7.5 Automotive7.5.1 Cables for Batteries7.5.2 Electric or Hybrid Vehicles7.5.3 Wire & Cable Compounds Market Size in Automotive End-Use Industry, by Region7.6 Others7.6.1 Wire & Cable Compounds Market Size in Other End-Use Industry, by Region

8 Wire & Cable Compounds Market, by Region

9 Competitive Landscape 9.1 Introduction9.2 Market Share Analysis9.3 Market Ranking9.4 Market Evaluation Framework9.5 Revenue Analysis of Top Market Players9.6 Company Evaluation Matrix9.6.1 Star9.6.2 Pervasive9.6.3 Participants9.6.4 Emerging Leaders9.7 Small and Medium-Sized Enterprises (Sme) Evaluation Matrix

10 Company Profiles 10.1 Key Companies10.1.1 Dupont De Nemours, Inc.10.1.2 Solvay S.A.10.1.3 Evonik Industries Ag10.1.4 Borouge10.1.5 Avient Corporation10.1.6 Eastman Chemical Company10.1.7 Exxon Mobil Corporation10.1.8 Hanwha Solutions Corporation10.1.9 Siam Cement Group Public Company Limited10.1.10 Trelleborg Ab10.2 Other Key Players10.2.1 Mitsubishi Chemical Holdings Corporation10.2.2 Riken Technos Corporation10.2.3 Showa Kasei Kogyo Co., Ltd.10.2.4 Japan Polychem Corporation10.2.5 Electric Cable Compounds Inc.10.2.6 General Cable Technologies Corporation10.2.7 Melos GmbH10.2.8 Alphagary10.2.9 Newgen Specialty Plastics Ltd.10.2.10 Nuc Corporation10.2.11 Otech Corporation10.2.12 Plasgom10.2.13 S&E Specialty Polymers10.2.14 Shakun Polymers Limited10.2.15 Sonneborn10.2.16 Techno Vinyl Polymers India Ltd.10.2.17 Teknor Apex Company10.2.18 Web Industries, Inc.10.2.19 Aum Udyog

11 Appendix

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