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Global Fire Resistant Cable Materials Market by End Use (Automotive & Transportation, Building & Construction), by Material (PVC, LSZH, XLPE, EPR) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-74084
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 53
  • No. Of Pages: 204
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  • Pub. Date: 2021-10-21
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Summary of the Report

Global market for fire resistant cables materials was worth USD 509.3 millions in 2019. It is expected to grow at a compound annual rate (CAGR of 4.4%) between 2020 and 2027. The forecast period will see a rise in demand for fire resistant cables materials due to the growing demand for insulating electrical channels to combat extreme heat and fire mishaps within buildings and manufacturing units. The stringent European and North American green building codes are positively impacting the use of fire-resistant and sustainable building materials. This is expected to increase the demand for fire resistant cables materials. The market is expected to grow because of the increasing use of electric wires in modern residential and commercial buildings, as well as office spaces.

Due to the rise in fire-resistant building constructions, the U.S. will see a significant increase in demand for fire resistant cable materials. The market will be supported by the abundant supply of raw materials, well-established commercial channels, and prominent manufacturers.

The demand for sustainable building materials has increased due to the growing construction industry, especially in commercial and office buildings. Modern commercial buildings and office spaces must have fire-resistant electric systems in order to prevent fires. This will also have a positive impact on market growth.

An increasing number of manufacturing plants in major regions such as Europe, North America and Asia Pacific is focusing on safety at work. To avoid fire mishaps, the main concern of the players is to install an electric supply channel that is safe and secure. This will support product demand.

Advanced wire jacketing techniques have led to the development of cables that are more resistant to heat and fire. The players are also focusing on innovation in raw materials and compounding them to increase their durability and resistance. Another factor that increases the penetration of cables materials for fire resistant wires is their compatibility with high voltage wires.

Material Insights

Cross-linked Polyethylene, (XLPE), was the most dominant segment in the market with 41.2% in 2019. It is expected to experience the greatest growth between 2020 and 2027. These materials are expected to be more popular for making fire resistant cables in the future due to their superior insulation qualities and electric conductor characteristics.

XLPE's ability to withstand harsh weather conditions has made it more popular in the manufacture of cables for long-distance electric transmissions. Cross-linked polyethylene cables offer lightweight characteristics and superior insulation. These materials are rapidly gaining popularity in the market.

As they emit very little smoke and are not halogenated when exposed to heat and fire, Low Smoke Zero Halogens jacketing materials (LSZH), for fire-resistant cables, will continue to grow in popularity. In the future, the material's cost-effectiveness and flammability will likely drive up its demand.

Polyester Chloride (PVC), jacketing materials made up a significant share of the market in 2019. This is due to their widespread commercial availability and well-known characteristics. Its market penetration is facilitated by its flexibility, low cost, wear resistance and heat resistance of up to 105 degrees.

End-use Insights

The market was led by the construction and building industry with a 35.5% share in 2019. It is expected to experience the highest growth between 2020 and 2027. This industry was the biggest consumer of fire-resistant material for cable jacketing applications. The demand for these products will rise due to growing concerns about fire resistance properties of buildings and the need to find sustainable materials to address mishaps in construction projects.

High insulation is required for electric wires in automobiles and transport vehicles. This is because of the extreme heat environment. The demand for cables capable of supplying electricity is expected to rise with the increasing popularity of electric cars around the world. This will support the need for jacketed cable.

In the future, North America, Europe and Asia Pacific will see a rise in manufacturing facilities due to their growing manufacturing industries. Due to the coronavirus epidemic in China, production plants are being moved to India, Vietnam, South Korea, and South Korea. New facilities will be built in these countries. With a new production setup, the demand for cable jacketing materials will increase.

In response to growing consumer demand, electricity generation plants around the world are increasing their capacity. A reliable and secure transmission channel is essential for electricity to be sent from the generator plant to consumers. This is positively impacting the demand for fire-resistant cables materials.

Regional Insights

Asia Pacific was the largest region market, with a 31.6% share in 2019. It is expected to continue its lead during the forecast period. Due to the increasing need for fire safety in residential and commercial buildings, Australia, Japan, South Korea and China are the top consumers of fire-resistant cable. This region is expected to see an increase in automotive production and the prominent manufacturing of electrical machinery, equipment.

China was the country with the highest overall consumption of fire-resistant cable materials. This is due to the large demand from construction and building applications. The country's well-established electrical and electronics industry, as well as a growing number of production bases, will likely increase the demand for these products during the forecast period.

Due to the increase in production of electric cars, the automotive industry in Europe is expected to rise the demand for fire-resistant cables jacketing materials. The market growth is also expected to be boosted by the construction and building industries in France, Italy and Germany over the forecast period.

The fastest CAGR in Middle East and Africa will be 5.1% between 2020-2027. The strong growth in Middle East and African construction will result in new office and commercial spaces throughout the region. This will allow for the use of fire-resistant materials in construction projects. There are several projects underway in Saudi Arabia and UAE that could provide opportunities for growth.

Market Share Insights & Key Companies

The industry's most prominent players are focused on the development of materials that can withstand extreme heat and flames for longer periods. To expand their geographic reach and improve their product offerings, key industry players are involved in strategic activities such as mergers & acquisitions, joint ventures and third-party manufacturing. To remain competitive, the players invest in R&D to improve the material. The following are some of the major players in the global market for fire resistant cable materials:

  • Universal Cable (M) Berhad

  • Tratos Limited

  • General Cable Corporation

  • Prysmian Group

  • LS Cable & System Ltd.

Up Market Research published a new report titled “Fire Resistant Cable Materials Market research report which is segmented by End Use (Automotive & Transportation, Building & Construction), by Material (PVC, LSZH, XLPE, EPR), By Players/Companies Universal Cable (M) Berhad, LS Cable & System Ltd, Prysmian Group, General Cable Corporation, Tratos Limited”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleFire Resistant Cable Materials Market Research Report
By End UseAutomotive & Transportation, Building & Construction
By MaterialPVC, LSZH, XLPE, EPR
By CompaniesUniversal Cable (M) Berhad, LS Cable & System Ltd, Prysmian Group, General Cable Corporation, Tratos Limited
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages204
Number of Tables & Figures143
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Fire Resistant Cable Materials Industry Outlook

Global Fire Resistant Cable Materials Market Report Segments:

The market is segmented by End Use (Automotive & Transportation, Building & Construction), by Material (PVC, LSZH, XLPE, EPR).

Fire Resistant Cable Materials Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Fire Resistant Cable Materials Market

Overview of the regional outlook of the Fire Resistant Cable Materials Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Fire Resistant Cable Materials Market Overview

Highlights of The Fire Resistant Cable Materials Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Fire Resistant Cable Materials Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By End Use:

                1. Automotive & Transportation

                2. Building & Construction

        7. By Material:

                1. PVC

                2. LSZH

                3. XLPE

                4. EPR

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Fire Resistant Cable Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Fire Resistant Cable Materials Market Trends

Reasons to Purchase the Fire Resistant Cable Materials Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Resistant Cable Materials Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Fire Resistant Cable Materials Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Fire Resistant Cable Materials Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Fire Resistant Cable Materials Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Fire Resistant Cable Materials Market Size & Forecast, 2018-2028 
      4.5.1 Fire Resistant Cable Materials Market Size and Y-o-Y Growth 
      4.5.2 Fire Resistant Cable Materials Market Absolute $ Opportunity 


Chapter 5 Global Fire Resistant Cable Materials Market Analysis and Forecast by End Use
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by End Use
      5.1.2 Basis Point Share (BPS) Analysis by End Use
      5.1.3 Absolute $ Opportunity Assessment by End Use
   5.2 Fire Resistant Cable Materials Market Size Forecast by End Use
      5.2.1 Automotive & Transportation
      5.2.2 Building & Construction
   5.3 Market Attractiveness Analysis by End Use

Chapter 6 Global Fire Resistant Cable Materials Market Analysis and Forecast by Material
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Material
      6.1.2 Basis Point Share (BPS) Analysis by Material
      6.1.3 Absolute $ Opportunity Assessment by Material
   6.2 Fire Resistant Cable Materials Market Size Forecast by Material
      6.2.1 PVC
      6.2.2 LSZH
      6.2.3 XLPE
      6.2.4 EPR
   6.3 Market Attractiveness Analysis by Material

Chapter 7 Global Fire Resistant Cable Materials Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Fire Resistant Cable Materials Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Fire Resistant Cable Materials Analysis and Forecast
   9.1 Introduction
   9.2 North America Fire Resistant Cable Materials Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Fire Resistant Cable Materials Market Size Forecast by End Use
      9.6.1 Automotive & Transportation
      9.6.2 Building & Construction
   9.7 Basis Point Share (BPS) Analysis by End Use 
   9.8 Absolute $ Opportunity Assessment by End Use 
   9.9 Market Attractiveness Analysis by End Use
   9.10 North America Fire Resistant Cable Materials Market Size Forecast by Material
      9.10.1 PVC
      9.10.2 LSZH
      9.10.3 XLPE
      9.10.4 EPR
   9.11 Basis Point Share (BPS) Analysis by Material 
   9.12 Absolute $ Opportunity Assessment by Material 
   9.13 Market Attractiveness Analysis by Material

Chapter 10 Europe Fire Resistant Cable Materials Analysis and Forecast
   10.1 Introduction
   10.2 Europe Fire Resistant Cable Materials Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Fire Resistant Cable Materials Market Size Forecast by End Use
      10.6.1 Automotive & Transportation
      10.6.2 Building & Construction
   10.7 Basis Point Share (BPS) Analysis by End Use 
   10.8 Absolute $ Opportunity Assessment by End Use 
   10.9 Market Attractiveness Analysis by End Use
   10.10 Europe Fire Resistant Cable Materials Market Size Forecast by Material
      10.10.1 PVC
      10.10.2 LSZH
      10.10.3 XLPE
      10.10.4 EPR
   10.11 Basis Point Share (BPS) Analysis by Material 
   10.12 Absolute $ Opportunity Assessment by Material 
   10.13 Market Attractiveness Analysis by Material

Chapter 11 Asia Pacific Fire Resistant Cable Materials Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Fire Resistant Cable Materials Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Fire Resistant Cable Materials Market Size Forecast by End Use
      11.6.1 Automotive & Transportation
      11.6.2 Building & Construction
   11.7 Basis Point Share (BPS) Analysis by End Use 
   11.8 Absolute $ Opportunity Assessment by End Use 
   11.9 Market Attractiveness Analysis by End Use
   11.10 Asia Pacific Fire Resistant Cable Materials Market Size Forecast by Material
      11.10.1 PVC
      11.10.2 LSZH
      11.10.3 XLPE
      11.10.4 EPR
   11.11 Basis Point Share (BPS) Analysis by Material 
   11.12 Absolute $ Opportunity Assessment by Material 
   11.13 Market Attractiveness Analysis by Material

Chapter 12 Latin America Fire Resistant Cable Materials Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Fire Resistant Cable Materials Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Fire Resistant Cable Materials Market Size Forecast by End Use
      12.6.1 Automotive & Transportation
      12.6.2 Building & Construction
   12.7 Basis Point Share (BPS) Analysis by End Use 
   12.8 Absolute $ Opportunity Assessment by End Use 
   12.9 Market Attractiveness Analysis by End Use
   12.10 Latin America Fire Resistant Cable Materials Market Size Forecast by Material
      12.10.1 PVC
      12.10.2 LSZH
      12.10.3 XLPE
      12.10.4 EPR
   12.11 Basis Point Share (BPS) Analysis by Material 
   12.12 Absolute $ Opportunity Assessment by Material 
   12.13 Market Attractiveness Analysis by Material

Chapter 13 Middle East & Africa (MEA) Fire Resistant Cable Materials Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Fire Resistant Cable Materials Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Fire Resistant Cable Materials Market Size Forecast by End Use
      13.6.1 Automotive & Transportation
      13.6.2 Building & Construction
   13.7 Basis Point Share (BPS) Analysis by End Use 
   13.8 Absolute $ Opportunity Assessment by End Use 
   13.9 Market Attractiveness Analysis by End Use
   13.10 Middle East & Africa (MEA) Fire Resistant Cable Materials Market Size Forecast by Material
      13.10.1 PVC
      13.10.2 LSZH
      13.10.3 XLPE
      13.10.4 EPR
   13.11 Basis Point Share (BPS) Analysis by Material 
   13.12 Absolute $ Opportunity Assessment by Material 
   13.13 Market Attractiveness Analysis by Material

Chapter 14 Competition Landscape 
   14.1 Fire Resistant Cable Materials Market: Competitive Dashboard
   14.2 Global Fire Resistant Cable Materials Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Universal Cable (M) Berhad
      14.3.2 LS Cable & System Ltd
      14.3.3 Prysmian Group
      14.3.4 General Cable Corporation
      14.3.5 Tratos Limited
Segments Covered in the Report
The global Fire Resistant Cable Materials market has been segmented based on

By End Use
  • Automotive & Transportation
  • Building & Construction
By Material
  • PVC
  • LSZH
  • XLPE
  • EPR
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Universal Cable (M) Berhad
  • LS Cable & System Ltd
  • Prysmian Group
  • General Cable Corporation
  • Tratos Limited

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