Global Fire-Resistant Cable Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Chemical and Material Date : March 13th, 2019
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The global fire-resistant cable market is expected to witness a CAGR of 3.1% to reach USD 2.14 billion by 2024. Increasing demand from end-user industries is expected to drive the market growth over the forecast period. Moreover, stringent fire safety regulations mandated by the government is anticipated to foster the demand for fire-resistant cables over the forecast period.

The years used for the assessment are as follows;

  • Historical year  : 2014, 2015, and 2016
  • Base year      : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total fire-resistant cable market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the fire-resistant cable market
  • Finalizing the overall size and share for the global fire-resistant cable market

OBJECTIVES:

  • To classify the global fire-resistant cable market into segments by durability, insulation material, end-use, and region and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the fire-resistant cable market.
  • Profiling key companies operating in the global fire-resistant cable market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for global fire-resistant cable market is as follows:

By Duration

  • PH30
  • PH60
  • PH120
  • Others

By Insulation Material

  • Ethylene Propylene Rubber
  • Cross-linked polyethylene
  • Polyvinyl chloride
  • Low Smoke Zero Halogen
  • Others

By End-User

  • Construction Industry
  • Energy & Power
  • Automotive Industry
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Central & South America
  • Middle East & Africa

 

The global fire-resistant cable market is expected to witness a CAGR of 3.1% to reach USD 2.14 billion by 2024. Increasing demand from end-user industries is expected to drive the market growth over the forecast period. Moreover, stringent fire safety regulations mandated by the government is anticipated to foster the demand for fire-resistant cables over the coming years.

Fire-resistant cables are used for applications that maintain circuit integrity in the case of a fire breakout. These cables might be single core or multicore depending upon applications. Fire-resistant cables are also designed to ensure safe evacuation of personnel with no detrimental effects from toxic gasses or smoke. The duration of operation of the cable during fire hazard may vary depending upon the application. Fire-resistant cables are commonly used for voice alarm systems, emergency lighting, and fire alarm systems.

Attributed to stringent regulations by government for safety and security of personnel, key players invest money to design, develop and manufacture new technologies, and release new products in the market which comply with international standards. This has given impetus to the market during 2014-2017, moreover, perpetual increase in demand from developing countries in Asia-Pacific is anticipated to further drive the market growth.F

Some of the key companies operating in the market include Tratos Limited; El Sewedy Electric Company; Leoni AG; Nexans S.A.; Helkama Bica; LS Cable & System Ltd.; NKT Group; Universal Cable (M) Berhad; Tele-Fonika Kable SA; and General Cable Corporation, among others.Global Fire-Resistant Cable Market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Durability

1.2.2. Market Breakdown, By Insulation Material

1.2.3. Market Breakdown, By End-Use

1.2.4. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Market Share

2.2.2. Opportunities and Trends

    2.2.2.1. Collaborations to develop new technologies

2.2.3. Growth Drivers

    2.2.3.1. Stringent fire safety regulations

    2.2.3.2. Increasing demand from end-user industries

2.2.4. Impact Analysis of Drivers on Future Forecast of the Market

2.2.5. Restraints of the Market

    2.2.5.1. Volatile prices of raw materials

2.2.6. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Value Chain Analysis

3.2. Competitive Analysis

3.2.1. Company Market Share Analysis

3.2.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Fire-Resistant Cable Market Size and Forecast (2018 – 2024)

4.1. Global Fire-Resistant Cable Market, By Durability

4.1.1. PH30

4.1.2. PH60

4.1.3. PH120

4.1.4. Others

4.2. Global Fire-Resistant Cable Market, By Insulation Material

4.2.1. Ethylene Propylene Rubber

4.2.2. Cross-linked polyethylene

4.2.3. Polyvinyl chloride

4.2.4. Low Smoke Zero Halogen

4.2.5. Others

4.3. Global Fire-Resistant Cable Market, By End-User

4.3.1. Construction Industry

4.3.2. Energy & Power

4.3.3. Automotive Industry

4.3.4. Others

CHAPTER 5. Global Fire-Resistant Cable Market, By Region

5.1. North America Fire-Resistant Cable Market (USD Million)

5.1.1. North America Fire-Resistant Cable Market, By Duration (USD Millions)

5.1.2. North America Fire-Resistant Cable Market, By Insulation Material (USD Millions)

5.1.3. North America Fire-Resistant Cable Market, By End-User (USD Millions)

5.1.4. North America Fire-Resistant Cable Market, By Country

   5.1.4.1. U.S. Fire-Resistant Cable Market (USD Millions)

   5.1.4.2. Canada Fire-Resistant Cable Market (USD Millions)

   5.1.4.3. Mexico Fire-Resistant Cable Market (USD Millions)

5.2. Europe Fire-Resistant Cable Market (USD Millions)

5.2.1. Europe Fire-Resistant Cable Market, By Duration (USD Millions)

5.2.2. Europe Fire-Resistant Cable Market, By Insulation Material (USD Millions)

5.2.3. Europe Fire-Resistant Cable Market, By End-User (USD Millions)

5.2.4. Europe Fire-Resistant Cable Market, By Country

    5.2.4.1. U.K Fire-Resistant Cable Market (USD Millions)

    5.2.4.2. Germany Fire-Resistant Cable Market (USD Millions)

    5.2.4.3. Italy Fire-Resistant Cable Market (USD Millions)

    5.2.4.4. France Fire-Resistant Cable Market (USD Millions)

    5.2.4.5. Rest of Europe Fire-Resistant Cable Market (USD Millions)

5.3. Asia-Pacific Fire-Resistant Cable Market (USD Millions)

5.3.1. Asia-Pacific Fire-Resistant Cable Market, By Duration (USD Millions)

5.3.2. Asia-Pacific Fire-Resistant Cable Market, By Insulation Material (USD Millions)

5.3.3. Asia-Pacific Fire-Resistant Cable Market, By End-User (USD Millions)

5.3.4. Asia-Pacific Fire-Resistant Cable Market, By Country

   5.3.4.1. China Fire-Resistant Cable Market (USD Millions)

   5.3.4.2. Japan Fire-Resistant Cable Market (USD Millions)

   5.3.4.3. India Fire-Resistant Cable Market (USD Millions)

   5.3.4.4. South Korea Fire-Resistant Cable Market (USD Millions)

   5.3.4.5. Rest of Asia-Pacific Fire-Resistant Cable Market (USD Millions)

5.4. Central & South America Fire-Resistant Cable Market (USD Millions)

5.4.1. Central & South America Fire-Resistant Cable Market, By Duration (USD Millions)

5.4.2. Central & South America Fire-Resistant Cable Market, By Insulation Material (USD Millions)

5.4.3. Central & South America Fire-Resistant Cable Market, By End-User (USD Millions)

5.4.4. Central & South America Fire-Resistant Cable Market, By Country

    5.4.4.1. Brazil Fire-Resistant Cable Market (USD Millions)

    5.4.4.2. Rest of Central & South America Fire-Resistant Cable Market (USD Millions)

5.5. Middle East & Africa Fire-Resistant Cable Market (USD Millions)

5.5.1. Middle East & Africa Fire-Resistant Cable Market, By Duration (USD Millions)

5.5.2. Middle East & Africa Fire-Resistant Cable Market, By Insulation Material (USD Millions)

5.5.3. Middle East & Africa Fire-Resistant Cable Market, By End-User (USD Millions)

5.5.4. Middle East & Africa Fire-Resistant Cable Market, By Country

   5.5.4.1. UAE Fire-Resistant Cable Market (USD Millions)

   5.5.4.2. Rest of Middle East & Africa Fire-Resistant Cable Market (USD Millions)

CHAPTER 6. Key Players and Strategic Developments

6.1. Tratos Limited

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. Strategic Developments

6.2. Elsewedy Electric Company

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. Strategic Developments

6.3. Leoni AG

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. Strategic Developments

6.4. Nexans S.A.

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. Strategic Developments

6.5. Helkama Bica

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. Strategic Developments

6.6. General Cable Corporation

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. Strategic Developments

6.7. LS Cable & System Ltd.

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. Strategic Developments

6.8. NKT Group

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. Strategic Developments

6.9. Universal Cable (M) Berhad

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. Strategic Developments

6.10. Tele-Fonika Kable SA

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. Strategic Developments

Global Fire-Resistant Cable Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024