An eco-friendly cable is a wire/cable that utilizes environmentally-friendly materials and materials with a reduced environmental impact. These cables do not contain heavy metals such as cadmium, lead, hexavalent chromium, and mercury, as well as do not comprise brominated flame retardants. Through the development of the world economy, science and technology, the demand for wire and cable is growing and their performance requirements are rising. Under the new technological conditions and economic situation, the development of the wire and cable industry offers a new trend, and environmental protection cables have progressively become the major focus of global cable development.
MARKET DYNAMICS
The global and industry trends are propelling the need for newer halogen-free, recyclable wire and cable solutions which eliminate PVC from the product design owing to possible health and environmental risks, which in turn is driving the adoption of eco-friendly cables and thereby leading the growth of eco-friendly cable market. Further, rising new development strategies by several leading players are expected to boost the growth of the eco-friendly cable market in the near future.
MARKET SCOPE
The "Global Eco-friendly Cable Market Analysis to 2028" is a specialized and in-depth study of the eco-friendly cable industry with a special focus on the global market trend analysis. The report aims to provide an overview of eco-friendly cable market with detailed market segmentation by product type, application, and geography. The global eco-friendly cable market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading eco-friendly cable market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global eco-friendly cable market is segmented on the basis of product type and application. Based on product type, the eco-friendly cable market is divided into polyethylene based, polypropylene based, and others. Further, based on application, the market is segmented as communication, petrochemicals, manufacturing, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global eco-friendly cable market based on various segments. it also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The eco-friendly cable market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting eco-friendly cable market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the eco-friendly cable market for each region.
MARKET PLAYERS
The reports cover key developments in the eco-friendly cable market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from eco-friendly cable market are anticipated to lucrative growth opportunities in the future with the rising demand for eco-friendly cable in the global market. Below mentioned is the list of few companies engaged in the eco-friendly cable market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
- Alpha Wire
- Fujikura Ltd
- FURUKAWA ELECTRIC CO., LTD.
- Hitachi Ltd
- JMACS Japan Co., Ltd.
- KURAMO ELECTRIC CO., LTD.
- Nexans
- Oki Electric Cable Co.,Ltd.
- Prysmian Group
- Shikoku Cable
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