Global Fire-Resistant Cable Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Insulation Industry Coverage, By End-use Industry Coverage, By Geographic Coverage and By Company)
Published Date: Nov 2023 |
Format:
| No. of Pages: 144
As of 2022, the global market for fire-resistant cables has registered the valuation of US$2.1 Bn.
The projected CAGR for the fire-resistant cable market during 2023 - 2030 is as modest as 3.6%.
Asia Pacific currently leads the fire-resistant cable market with the largest revenue share.
The primary factor projected to drive the fire-resistant cable market expansion is an increasing demand for fire-resistant cables in residential buildings, rising demand for advancements in technology, and increasing demand for fire-resistant cables in the non-construction sector.
The XLPE category continues to represent the leading segment of the market by insulation material. Based on the end-use industry, the building & construction industry is likely to represent the largest share of the global fire-resistant cable market.
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