Wire and cable plastics are largely used in flexible PVC to power the number of electrical equipment and appliances. PVC provides protection, insulation, and strength in a wide temperature range. Flexible PVC's are durable, affordable, and can be recycled. PVC is widely used to insulate electric wiring, while thermosets (which can withstand high temperatures) are used for switches, light fittings, and handles.
MARKET DYNAMICS
The wire & cable plastics market has witnessed significant growth due to the rising automotive industry. Moreover, growing R&D activities provides a huge market opportunity for the key players operating in the wire & cable plastics market. However, strict government regulations is projected to hamper the overall growth of the wire & cable plastics market in the forecast period.
MARKET SCOPE
The "Global Wire & Cable Plastics Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the wire & cable plastics market with detailed market segmentation material, type, end use, and geography. The global wire & cable plastics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wire & cable plastics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global wire & cable plastics market is segmented on the basis of material, type, and end use. On the basis of material, the global wire & cable plastics market is divided into polyethylene (pe), polyvinyl chloride (pvc), polypropylene (pp). on the basis of type, the global wire & cable plastics market is divided into flame retardant, and standard. On the basis of end use, the global wire & cable plastics market is divided into automotive, it & telecommunication, aerospace & defense, and building & construction.
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 wire & cable plastics 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 America. The wire & cable plastics 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 also includes the profiles affecting the wire & cable plastics 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 all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wire & cable plastics market in these regions.
MARKET PLAYERS
The reports cover key developments in the wire & cable plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as type launches, type 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 the expansion of business and customer base of market players. The market players from wire & cable plastics market is anticipated to lucrative growth opportunities in the future with the rising demand for wire & cable plastics in the global market. Below mentioned is the list of few companies engaged in the wire & cable plastics market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wire & cable plastics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- SCG Chemicals Co., Ltd
- BASF SE
- LyondellBasell Industries Holdings B.V.
- Arkema Group
- Solvay Group
- PolyOne Corporation
- SABIC
- Borealis AG
- SONGWON Industrial Group
- BLS Polymers Ltd
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.