Wire And Cable Polymers Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0042448
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 7.84 |
Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries
Download Sample PdfReport Overview
Wire and Cable Polymers Market Analysis Report 2023-2032: The Wire and Cable Polymers Market is poised to experience substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 5.25% between 2022 and 2032. The market size is anticipated to expand by USD 2,342.67 million during this period. Several factors contribute to this growth, including the increasing demand for efficient and durable materials in the wire and cable industry, the expansion of power transmission and telecommunication networks, and the need for polymers that offer excellent electrical insulation and mechanical properties. Wire and cable polymers refer to a range of materials used in the manufacturing of wires and cables to ensure proper insulation, conductivity, and protection of the components.
Wire and Cable Polymers Market Overview:
Drivers:
Additionally, the expansion of power transmission and telecommunication networks plays a significant role in driving the demand for wire and cable polymers. The ongoing development of urban and rural infrastructure, along with the deployment of high-speed communication networks, requires cables with superior electrical and mechanical properties. Polymers with appropriate characteristics contribute to the efficient functioning of these networks, leading to increased adoption of such materials.
Trends:
Furthermore, the increasing emphasis on sustainable and eco-friendly materials is driving the adoption of bio-based and recyclable polymers in wire and cable applications. This trend aligns with the broader global push toward environmental conservation and circular economy practices. As a result, the market is witnessing the integration of greener alternatives, offering both performance and eco-conscious benefits.
Restraints:
Moreover, ensuring compatibility with existing manufacturing processes and industry standards can pose a restraint. As polymer formulations are modified to meet specific requirements, manufacturers need to ensure that the newly developed materials can be seamlessly integrated into their existing production setups without compromising quality or efficiency.
Wire and Cable Polymers Market Segmentation By Application:
The power transmission segment is projected to witness significant growth during the forecast period. Wire and cable polymers play a critical role in power transmission networks by providing insulation, protection against environmental factors, and maintaining electrical performance over long distances. As countries invest in modernizing and expanding their energy infrastructure, the demand for high-quality polymers for power transmission cables is expected to rise.
Furthermore, the telecommunications segment is also poised to contribute to the market growth. With the ongoing deployment of 5G networks and the increasing demand for high-speed data communication, there's a need for cables with exceptional electrical properties and signal integrity. Wire and cable polymers that offer low signal attenuation and reduced interference are essential in ensuring the seamless functioning of these networks.
Wire and Cable Polymers Market Segmentation By Type:
The flame-retardant wire and cable polymers segment is witnessing noteworthy growth due to stringent safety regulations and standards in various industries. Flame-retardant polymers are crucial in applications where fire resistance is of utmost importance, such as building wiring, automotive interiors, and aerospace components. These polymers inhibit the spread of flames and contribute to overall safety in case of fire incidents.
Moreover, the thermoplastic segment is also expected to contribute to the market growth. Thermoplastic polymers offer versatility, ease of processing, and a wide range of properties, making them suitable for various wire and cable applications. Their ability to be molded into complex shapes and their cost-effectiveness make them a popular choice for both standard and specialized cable designs.
Regional Overview:
Download the report summary now!
Request pdf Sample
Asia-Pacific is poised to play a significant role in the growth of the global wire and cable polymers market during the forecast period. The region's rapid industrialization, urbanization, and increasing investments in infrastructure projects drive the demand for efficient wire and cable solutions. Countries like China and India are witnessing substantial growth in power transmission, telecommunication networks, and automotive manufacturing, further propelling the market.
Moreover, North America is also expected to contribute significantly to the market growth. The region's advanced automotive industry, coupled with the expansion of renewable energy projects, demands reliable and high-performance wire and cable solutions. The push toward electric vehicles and smart cities also adds to the demand for advanced wire and cable polymers.
During the COVID-19 pandemic in 2020, the wire and cable polymers market experienced disruptions in supply chains and manufacturing operations, leading to temporary setbacks. However, as economic activities resumed and industries adapted to new norms, the market regained momentum. The post-pandemic era, characterized by increased digitalization and focus on sustainable infrastructure, is expected to drive the demand for wire and cable polymers.
Wire and Cable Polymers Market Customer Landscape:
The wire and cable polymers market report encompasses the customer adoption lifecycle, detailing the progression from early innovators to later adopters. It examines adoption rates in different regions based on market penetration. Additionally, the report delves into key criteria influencing purchasing decisions and factors affecting price sensitivity, helping companies shape their growth strategies.
Major Wire and Cable Polymers Market Companies:
Market players in the wire and cable polymers industry are implementing diverse strategies to strengthen their market presence, including collaborations, mergers and acquisitions, geographical expansion, and new product introductions.
PolyOne Corporation: This company offers a wide range of wire and cable polymers, including flame-retardant and thermoplastic options, catering to industries such as energy, automotive, and telecommunications.
Dow Chemical Company: Dow provides innovative polymer solutions for wire and cable applications, focusing on performance, durability, and sustainability. Their portfolio includes materials suitable for various environments and industry needs.
Arkema S.A.: Arkema specializes in developing advanced materials for wire and cable insulation and protection. Their products are designed to meet specific industry requirements, such as flame resistance and electrical performance.
The research report provides comprehensive analyses of the competitive landscape, featuring information about 20 key companies in the market, including:
- Borealis AG • Nexans SA • Solvay S.A. • Sumitomo Electric Industries, Ltd. • Lanxess AG • Borouge • Hitachi Metals, Ltd. • Evonik Industries AG • DSM Engineering Plastics B.V. • Basell Polyolefine GmbH
Qualitative and quantitative assessments of these companies offer insights into the broader business environment, along with strengths and weaknesses of major market players.
Segment Overview:
The wire and cable polymers market report forecasts revenue growth at global, regional, and country levels, analyzing trends and opportunities from 2019 to 2032.
Application Outlook (USD Million, 2019 - 2032): o Power Transmission o Telecommunications o Automotive o Construction o Others
Type Outlook (USD Million, 2019 - 2032): o Flame-Retardant Wire and Cable Polymers o Thermoplastic Wire and Cable Polymers o Crosslinked Wire and Cable Polymers o Others
Geography Outlook (USD Million, 2019 - 2032): o North America § U.S. § Canada o Europe § U.K. § Germany § France § Rest of Europe o Asia-Pacific § China § India § Japan § Rest of Asia-Pacific o South America § Brazil § Argentina § Rest of South America o Middle East & Africa § UAE § South Africa § Rest of Middle East & Africa
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Intended Audience
Research Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Overview of Wire and Cable Polymers Market
Introduction
Key Industry Developments
Properties of Wire and Cable Polymers
Market Dynamics
Drivers
Restraints
Opportunities
Value Chain Analysis
Chapter 4 Market Breakdown by Product Type
Overview
High Temperature Wire and Cable
Classification of Products of Wire and Cable Polymers
Thermoplastic Resins
Wire and Cable Thermoplastic Resins Market by Subsegment
Wire and Cable Thermoplastic Resins Market by Region
Thermoplastic Elastomers
Wire and Cable Thermoplastic Elastomers Market by Subsegment
Wire and Cable Thermoplastic Elastomers Market by Region
Thermoset Elastomers
Natural Rubber
Synthetic Rubber
Wire and Cable Thermoset Elastomers Market by Subsegment
Wire and Cable Thermoset Elastomers Market by Region
Plastic/Polymer Optic Fiber
Types of Polymers Used
Types of Fiber Optic Cables
Wire and Cable Plastic/Polymer Optic Fiber Market by Region
Market Attractiveness
Chapter 5 Market Breakdown by End-User Industry
Overview
Wire and Cable Jacketing and Insulation
Classification of End Users of Wire and Cable Polymers
Electronics Wire and Cable
Market for Wire and Cable Polymers in Electronics Applications by Region
Power Transmission Wire and Cable
Market for Wire and Cable Polymers in Power Transmission Applications by Region
Building Wire and Cable
Market for Wire and Cable Polymers in Building Applications by Region
Apparatus Wire and Cable
Magnet Wire and Cable
Fiber Optic Wire and Cable
Other Insulated Wire and Cable
Market for Wire and Cable Polymers in Automotive Applications by Region
Market Attractiveness
Chapter 6 Market Breakdown by Region
Overview
North America
North American Wire and Cable Polymers Market by Product
North American Wire and Cable Polymers Market by End User
North American Wire and Cable Polymers Market by Country
Europe
European Wire and Cable Polymers Market by Product
European Wire and Cable Polymers Market by End User
European Wire and Cable Polymers Market by Country
Asia-Pacific
Asia-Pacific Wire and Cable Polymers Market by Product
Asia-Pacific Wire and Cable Polymers Market by End User
Asia-Pacific Wire and Cable Polymers Market by Country
Rest of World
Rest of World Wire and Cable Polymers Market by Product
Rest of World Wire and Cable Polymers Market by End User
Market Attractiveness
Chapter 7 Competitive Landscape
Major Players
Major Developments
Chapter 8 Company Profiles
3M
Company Overview
Product Details
ARKEMA S.A.
Company Overview
Financials
Product Details
Recent Developments
BASF SE.
Company Overview
Financials
Product Details
Recent Developments
BOROUGE
Company Overview
Financials
Product Details
Recent Developments
CELANESE CORP.
Company Overview
Financials
Product Details
Recent Developments
CHASE CORP.
Company Overview
Financials
Product Details
Recent Developments
CHINA PETROLEUM & CHEMICAL CORP.
Company Overview
Financials
Product Details
COVESTRO AG
Company Overview
Financials
Product Details
Recent Developments
DAIKIN INDUSTRIES LTD.
Company Overview
Financials
Product Details
Recent Developments
DOWDUPONT INC.
Company Overview
Financials
Product Details
DSM
Company Overview
EASTMAN CHEMICAL CO.
Company Overview
EVONIK INDUSTRIES
Company Overview
Financials
Product Details
Recent Developments
EXXONMOBIL
Company Overview
Financials
Product Details
Recent Developments
KONNARK POLYMER PVT. LTD.
Company Overview
KRATON POLYMERS
Company Overview
LANXESS AG
Company Overview
Financials
Product Details
LCY CHEMICAL CORP.
Company Overview
Financials
Product Details
LION ELASTOMERS LLC
Company Overview
Financials
Product Details
Recent Developments
THE LUBRIZOL CORP.
Company Overview
Financials
Product Details
Recent Developments
LYONDELLBASELL INDUSTRIES N.V.
Company Overview
Financials
Product Details
Recent Developments
NANJING JINTENG RUBBER CO. LTD.
Company Overview
NANTONG HUILI RUBBER CO. LTD.
Company Overview
POLYONE CORP.
Company Overview
SHANDONG DAWN POLYMER CO. LTD.
Company Overview
SCG CHEMICALS
Company Overview
SIBUR
Company Overview
SOLVAY S.A.
Company Overview
Financials
Product Details
Recent Developments
TRAVANCORE POLYMERS PVT. LTD.
Company Overview
TRELLEBORG
Company Overview
Financials
Product Details
Recent Developments
Chapter 9 Appendix: Acronyms and Sources
Acronyms and Report Sources
List of Tables
Summary Table : Global Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 1 : Telecommunications Market Size, 2015
Table 2 : General Temperature Ratings for Common Wire Insulation Materials
Table 3 : Global Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 4 : Thermoplastic vs. Thermosetting Materials
Table 5 : Global Wire and Cable Thermoplastic Resins Market Volume, by Subsegment, Through 2023
Table 6 : Fluoropolymer Acronyms
Table 7 : Global Wire and Cable Thermoplastic Resins Market Volume, by Region, Through 2023
Table 8 : Comparison of Properties of Various Classes of Thermoplastic Elastomers
Table 9 : Global Wire and Cable Thermoplastic Elastomers Market Volume, by Subsegment, Through 2023
Table 10 : Cost Performance Hierarchy for Thermoplastic Elastomers
Table 11 : Global Wire and Cable Thermoplastic Elastomers Market Volume, by Region, Through 2023
Table 12 : Comparison of Properties of Various Classes of Thermoset Elastomers
Table 13 : Global Wire and Cable Thermoset Elastomers Market Volume, by Subsegment, Through 2023
Table 14 : Global Wire and Cable Thermoset Elastomers Market Volume, by Region, Through 2023
Table 15 : Global Wire and Cable Plastic/Polymer Optic Fiber Market Volume, by Region, Through 2023
Table 16 : Wire and Cable End User Classification
Table 17 : Global Wire and Cable Polymers Market Volume, by End-User Industry, Through 2023
Table 18 : Global Market Volume for Wire and Cable Polymers in Electronics Applications, by Region, Through 2023
Table 19 : Global Market Volume for Wire and Cable Polymers in Power Transmission Applications, by Region, Through 2023
Table 20 : Global Market Volume for Wire and Cable Polymers in Building Applications, by Region, Through 2023
Table 21 : Global Market Volume for Wire and Cable Polymers in Automotive Applications, by Region, Through 2023
Table 22 : Global Wire and Cable Polymers Market Value, by Region, Through 2023
Table 23 : Global Wire and Cable Polymers Market Volume, by Region, Through 2023
Table 24 : North American Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 25 : North American Wire and Cable Thermoplastic Resins Market Volume, by Subsegment, Through 2023
Table 26 : North American Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 27 : North American Wire and Cable Polymers Market Volume, by Country, Through 2023
Table 28 : U.S. Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 29 : U.S. Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 30 : European Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 31 : European Wire and Cable Thermoplastic Resins Market Volume, by Subsegment, Through 2023
Table 32 : European Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 33 : European Wire and Cable Polymers Market Volume, by Country, Through 2023
Table 34 : German Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 35 : German Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 36 : Asia-Pacific Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 37 : Asia-Pacific Wire and Cable Thermoplastic Resins Market Volume, by Subsegment, Through 2023
Table 38 : Asia-Pacific Wire and Cable Thermoplastic Elastomers Market Volume, by Subsegment, Through 2023
Table 39 : Asia-Pacific Wire and Cable Thermoset Elastomers Market Volume, by Subsegment, Through 2023
Table 40 : Asia-Pacific Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 41 : Asia-Pacific Wire and Cable Polymers Market Volume, by Country, Through 2023
Table 42 : Chinese Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 43 : Chinese Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 44 : Indian Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 45 : Indian Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 46 : Japanese Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 47 : Japanese Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 48 : Rest of World Wire and Cable Polymers Market Volume, by Product, Through 2023
Table 49 : Rest of World Wire and Cable Thermoplastic Resins Market Volume, by Subsegment, Through 2023
Table 50 : Rest of World Wire and Cable Thermoplastic Elastomers Market Volume, by Subsegment, Through 2023
Table 51 : Rest of World Wire and Cable Thermoset Elastomers Market Volume, by Subsegment, Through 2023
Table 52 : Rest of World Wire and Cable Polymers Market Volume, by End User, Through 2023
Table 53 : Global Wire and Cable Polymers Market: Major Player Ranking, 2018
Table 54 : Global Wire and Cable Polymers Market: Major Developments by Manufacturers, 2015
Table 55 : LCY Chemical Company: Elastomers Product Series
Table 56 : Acronyms Used in the Global Wire and Cable Polymers Market
Table 57 : Report Sources
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
Personalized Business Report Tailored to Your Requirements
- Our expert analysts collaborate directly with you to comprehend your specific needs.
- Get data on regions, segments, competitors, and vendors of your choice.
- Information is presented in alignment with your exact preferences and formatting.
Free Sample Report
"Find new revenue generation opportunities"