Fire Resistant Cable Market is expected to generate a revenue of USD 1.98 Billion by 2028, Globally, at 3.19% CAGR: Verified Market Research®

Fire Resistant Cable Market refers to cables that are intended to operate and maintain continuous operations in the existence of a fire. Fire safety regulations in various countries inspire the use of fire-resistant cables in a variety of end-use industries.


Jersey City, New Jersey, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Fire Resistant Cable Market” By Insulation Material (XLPE, EPR, PVC), By End-Use Industry (Manufacturing, Energy, Building and Construction), and By Geography.

As per the deep research carried out by Verified Market Research, the global Fire Resistant Cable Market was valued at USD 1.59 Billion in 2020 and is projected to reach USD 1.98 Billion by 2028, growing at a CAGR of 3.19% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=8052

Browse in-depth TOC onFire Resistant Cable Market

202 - Pages

126 – Tables

37 – Figures

Global Fire Resistant Cable Market Overview

Fire-resistant cables, also known as fire-proof cables, fire performance cables, or fire survival cables, have good resistance to combustion and high temperatures, are flexible, emit little smoke, are relatively non-toxic, and start producing little acid gas. Fire-resistant cables are designed to help preserve circuit integrity in the event of a fire. The characteristics of fire-resistant cables, such as stability at high temperatures, low smoke emission, and reduction of toxic gases, help protect and safeguard human life in the event of a fire. Hence the need for public safety against fires, the global market is seeing an increase in prices for fire-resistant cables across a variety of end-use industries.

This illustrates the need for and opportunities for growth for fire-resistant cables in a wide range of end industries for fire protection and safety all through fires. Moreover, growing demands for fire-resistant cables from the building and construction industry increased safety and security regulations all over geographic regions, and an increase in power generation has been primarily driving Fire Resistant Cable Market. Furthermore, Grid repairs, infrastructure substitutes, overhead conversion to underground lines, and global rail network growth are expected to drive demand for fire-resistant cables during the forecasted period.

Key Developments

  • In 2021, Jiangnan Group decided to construct four imported cross-linked cable production lines, such as two lines for 35kV ultra-high-speed medium-voltage cross-linked cables, and one line for 110kV PP cables, one line for 110kV cross-linked cables, and also two German concentric stranding machines.
  • In October 2020, NKT Group and Ellevio agreed to sign a political agreement for low and medium-voltage power cables to facilitate timely reinforcement and growth of the central Swedish power grid.

Key Players

The major players in the market are LS Cable & System Ltd, General Cable Corporation, Leoni AG, Nexans S.A, Universal Cable Berhad, Sewedy Electric Company, Prysmian Group, Tele-Fonika Kable SA, Keystone Cable, Tianjin Suli Cable Group, Dubai Cable Company Ltd, NKT Group, Tratos Limited, Jiangnan Group Limited.

Verified Market Research has segmented the Global Fire Resistant Cable Market On the basis of Insulation Material, End-Use Industry, and Geography.

  • Fire Resistant Cable Market, By Insulation Material
    • XLPE
    • EPR
    • PVC
    • LSZH
    • Others
  • Fire Resistant Cable Market, By End-Use Industry
    • Manufacturing
    • Energy
    • Building & Construction
    • Automotive & Transportation
    • Others
  • Fire Resistant Cable Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Fire Resistant Hydraulic Fluid Market By Product Type (Water-Based, Anhydrous-Based), By Application (Metal Processing, Aviation, Marine, Mining), By Geography, And Forecast

Industrial Fire Sprinklers Market By Product (Dry Sprinkler, Wet Sprinkler), By Application (Commercial, Industrial), By Geography, And Forecast

Fire Control System Market By Weapon Class (Automatic Guns, Launchers), By Platform (Land, Airborne, Naval), By Geography, And Forecast

Fixed Firefighting Misting System Market By Product (High Pressure Fixed Firefighting Misting System, Non-high Pressure Fixed Firefighting Misting System), By Application (Industrial Use, Commercial Use) By Geography, And Forecast

Top Fire Protection Systems alerting with alarm during emergencies

Visualize Fire Resistant Cable Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

 

Contact Data