The growth of this market is driven by the rising demand for wire and cable compounds from the construction and automotive industries.
The report "Wire Compound and Cable Compound Market by Type (Halogenated Polymers, Non- Halogenated Polymers), End-use Industry (Construction, Automotive, Power, Communication), and Region Global Forecast to 2022", The market size of wire compound and cable compound is estimated to grow from USD 11.36 Billion in 2017 to 16.42 Billion by 2022, at a CAGR of 7.7% from 2017 to 2022.
The market in Asia-Pacific and the Middle East & Africa is expected to witness significant growth in the next five years, owing to the rise in construction activities in emerging markets, such as China, India, and Saudi Arabia.
Browse 65 Market Data Tables and 33 Figures spread through 127 Pages and in-depth TOC on "Wire Compound and Cable Compound Market by Type (Halogenated Polymers, Non- Halogenated Polymers), End-use Industry (Construction, Automotive, Power, Communication), and Region Global Forecast to 2022"
Construction: the largest end-use industry segment of the wire compound and cable compound market
Wire compound and cable compound are extensively consumed in various industries, such as construction, communication, automobile, and power. The construction industry segment is estimated to dominate the wire compound and cable compound market in 2017.
The rapid infrastructural development, especially in emerging economies, is expected to drive the growth of this segment during the forecast period.
Download PDF Brochure: www.marketsandmarkets.com/pdfdownload.asp?id=237123323
Halogenated Polymer: a faster-growing type segment of the wire compound and cable compound market
The halogenated polymer is expected to be a faster-growing segment of the wire compound and cable compound market during the forecast period. Wire and cable compounds are extensively used for wire insulation and jacketing.
Halogenated polymer compounds offer good abrasion resistance, high oil and moisture resistance, flexibility, and durability.
Asia-Pacific: the largest market for wire compound and cable compound
Asia-Pacific is projected to witness the highest growth between 2017 and 2022. The growth of the market can be attributed to the presence of emerging economies and the rising construction activities in these economies in the recent years.
Request for Sample: www.marketsandmarkets.com/requests….asp?id=237123323
Most active market players in the wire compound and cable compound market
E. I. du Pont de Nemours and Company (U.S.), General Cable Technologies Corporation (U.S.), PolyOne Corporation (U.S.), Exxon Mobil Corporation (U.S.), Eastman Chemical Company (U.S.), Solvay S.A. (Belgium), Trelleborg AB (Sweden), Borouge (UAE), Mexichem Specialty Compounds Inc.
(Mexico), Electric Cable Compounds Inc. (U.S.), Evonik Industries AG (Germany), Hanwha Chemical Corporation (South Korea), SCG Chemicals Co., Ltd (Thailand) are the key players operating in the wire compound and cable compound market.
Category: Market Research Publishers and RetailersCompany about: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...