Global Wire Compounds and Cable Compounds Market to 2026 – Evolving Car Electronics to Drive Long Term Gains – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Wire Compounds and Cable Compounds – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Wire Compounds and Cable Compounds estimated at US$11.7 Billion in the year 2020, is projected to reach a revised size of US$17 Billion by 2026, growing at a CAGR of 6.6% over the analysis period.
Halogenated Polymers, one of the segments analyzed in the report, is projected to grow at a 6.2% CAGR to reach US$10.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Halogenated Polymers segment is readjusted to a revised 7.1% CAGR for the next 7-year period. This segment currently accounts for a 41% share of the global Wire Compounds and Cable Compounds market.
The U.S. Market is Estimated at $1.7 Billion in 2021, While China is Forecast to Reach $5.2 Billion by 2026
The Wire Compounds and Cable Compounds market in the U.S. is estimated at US$1.7 Billion in the year 2021. The country currently accounts for a 14.16% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$5.2 Billion in the year 2026 trailing a CAGR of 7.4% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 5.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR while Rest of European market (as defined in the study) will reach US$5.7 Billion by the close of the analysis period.
Select Competitors (Total 41 Featured) –
- Belden, Inc.
- Borouge
- DuPont de Nemours, Inc
- Eastman Chemical Company
- Evonik Industries AG
- Exxon Mobil Corporation
- General Cable Technologies Corporation
- Hanwha Chemical Corporation
- LS Cable & System Ltd
- Nexans S.A
- Avient Corporation
- Prysmian Group
- SCG Chemicals Co., Ltd.
- Solvay S.A.
- Southwire Company, LLC
- Sumitomo Electric Industries, Ltd.
- The Furukawa Electric Co., Ltd.
- Trelleborg AB
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
- Business Climate Indicator in the Euro Area for the Period June 2019 to May 2020
- Global PMI Index Points for the Years 2018, 2019 & 2020
- Induced Weakness in End Use Sectors Adversely Impacts Demand for Wire and Cable Compounds
- Wire Compounds and Cable Compounds – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Wire and Cable Compounds: A Prelude
- Asia-Pacific Leads Demand
- Recent Industry Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Industry Witnesses Increasing Shift towards Halogen Free Compounds
- Influx of New Products with Superior Properties Favors Expansion of Wire Insulation & Jacketing Compounds Market
- PVC Emerges as Popular Insulation Material
- Manufacturers Focus on Customized Offerings and Sustainability
- Telecommunications Industry: A Key Driver
- COVID-19 Impacts Investments in 5G
- Global Smartphone Subscription Breakdown by Technology: 2019 and 2025
- Europe Plots Catch-Up in Global 5G Race to Drive Covid-19 Recovery
- Industry 4.0 Generates Strong Opportunities
- Global Industrial Automation Market (in US$ Billion) for the Years 2019, 2022, 2024 and 2026
- Fiber Optic Wires & Cables Gain Widespread Popularity
- Fiber Optics Emerge as Preferred Transmission Medium for Undersea Applications
- Fiber Optic Cables Make Headwinds towards Diagnostic & Digital Imaging Applications in Healthcare
- Rising Bandwidth Demand Puts Wires and Cables Market in Overdrive
- Global Internet Video Traffic in Exabytes for the Years 2019 & 2021
- Breakdown of Internet Users (in %) by Region: Q1 2020
- Spurt in Work-From-Home & Online Collaboration Volumes amid COVID-19 Spur Bandwidth Needs Worldwide
- Fixed Broadband Speed (in mbps) in Select Countries: April 2020
- Focus on Building Crisis Resilient Smart Cities to Drive Demand for Better Internet Infrastructure
- Global Smart City Spending (In US$ Billion) for the Years 2021, 2023 & 2025
- Rise of Mobile Communication Networks Accelerates Telecommunication Sector to a New Level, Generating Parallel Opportunities to Wires & Cables Market
- Smartphone Penetration Rate as Share of Total Population: 2016-2021
- Power Infrastructure Investments to Drive Growth
- Focus on Establishing Renewable Energy Infrastructure Lends Traction
- Share of Renewable Energy in Energy Generation: 2008-2022
- Global Renewable Energy Breakdown by Type: 2010 Vs 2030
- COVID-19 Highlights the Importance of Renewables
- EHV and HV Insulated Power Cables: Changing Operating Environment
- Covid-19 Outbreak Dents Demand in Residential & Commercial Construction Sector
- Global Construction Spending (in US$ Trillion) for the Years 2019, 2020 & 2021
- Automotive Industry Remains an Important Consumer
- Recovery in Automotive Industry Post COVID -19 to Support Demand
- World Automobile Production in Million Units: 2008-2022
- Evolving Car Electronics to Drive Long Term Gains
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/qpq5rq
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