EPR (Ethylene Propylene Rubber) is a rubber insulation material that is used for insulation of the cable. EPR is widely used for insulation material for electric cables due to its high dielectric strength and also used as a sheathing material exhibiting excellent ozone and weathering resistance. EPR cable is suitable for many higher voltage applications, and a wide range of applications of high voltage cables is driving the growth of the EPR cable market.
MARKET DYNAMICS
The growing investments in grid interconnection and transmission and distribution systems are the major factors driving the growth of the EPR cable market. The various benefits offered by the EPR cable such as extra flexibility, reduced thermal expansion, and low sensitivity to water treeing are also growing the demand for EPR cable market during the forecast period. Further, rising demand for high voltage networks infrastructure and necessity of cable in oil & gas, telecom, energy and power, building and construction, and among other industries are expected to fuel the growth of the EPR cable market. However, increasing investments in offshore projects provide lucrative opportunities for the market player of the EPR cable market.
MARKET SCOPE
The "Global EPR Cable Market Analysis to 2028" is a specialized and in-depth study of the EPR cable industry with a special focus on the global market trend analysis. The report aims to provide an overview EPR cable market with detailed market segmentation as of voltage, end-user, and geography. The global EPR cable market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading EPR cable market players and offers key trends and opportunities in the EPR cable market.
MARKET SEGMENTATION
The global EPR cable market is segmented on the basis of voltage, end-user. On the basis of voltage the market is segmented as low, medium, high. On the basis of end-user the market is segmented as oil and gas, energy and power, building and construction, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global EPR cable market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The EPR cable market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting EPR cable market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the EPR cable market in these regions.
MARKET PLAYERS
The reports cover key developments in the EPR 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 way for expansion of business and customer base of market players. The market players from EPR cable market are anticipated to lucrative growth opportunities in the future with the rising demand for EPR cable in the global market. Below mentioned is the list of few companies engaged in the EPR cable market.
The report also includes the profiles of key EPR cable 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 last 3 years, key development in past five years.
- Fujikura Ltd.
- Furukawa Electric Co., Ltd.
- Hellenic Cables S.A.
- JDR Cable Systems Ltd.
- Nexans S.A.
- NKT A/S
- Prysmian Group
- Southwire Company, LLC
- Sumitomo Electric Industries, Ltd.
- TAYA GROUP
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.