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Report Overview
The global wire and cable compounds market attained a value of USD 15.40 Billion in 2024. The market is further expected to grow at a CAGR of 9.20% between 2025 and 2034, to reach a value of USD 37.13 Billion by 2034.
2024
Base Year
2018-2024
Historical Period
2025-2034
Forecast Period
Compound Annual Growth Rate
Value in USD Billion
9.2%
2025-2034
Wire and Cable Compounds Market Outlook
*this image is indicative*
Key Trends in the Market
Wire and cable compounds refer to the insulating materials used to protect wires and cables and act as a filler for telecommunication, power transmission, and electrical and traction cables. These compounds offer high mechanical strength, excellent resistance to electricity, thermal resistance to low temperatures, and low toxicity.
- Wire and cable compounds are crucial in any structure, to stop the penetration of moisture, ensuring proper functioning of power transmission and telecommunication cables. Hence, the increasing construction activities across the emerging economies are key wire and cable compounds market trends.
- The increasing application of wire and cable compounds in the automotive sector is escalating the wire and cable compounds market demand. Anticipated increase in sale of alternative fuel vehicles for passenger and commercial purpose, is expected to bolster the market for wire and cable compounds.
- Heightened application of wire and cable compounds in the electrical and electronics and the anticipated increase in demand for consumer electronics and high-end appliances is likely to bolster the wire and cable compounds market growth.
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Global Wire and Cable Compounds Market Segmentation
The EMR’s report titled “Global Wire and Cable Compounds Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Polymer Type
- Polyvinyl Chloride (PVC)
- Thermoplastic Elastomer (TPE)
- Thermoplastic Polyurethane (TPU)
- Thermoplastic Olefin (TPO)
- Others
Market Breakup by Product
- Fiber Optic Cable
- Coaxial Cable
- Others
Market Breakup by End User
- Automotive
- Construction
- Electrical and Electronics
- Healthcare
- Power
- Telecommunication
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Global Wire and Cable Compounds Market Share by Polymer Type
The polyvinyl chloride (PVC) segment, based on polymer type, accounts for a healthy share of the wire and cable compounds market. PVC is a highly preferred thermoplastic material which exhibits high durability, great versatility, strong insulation properties, and excellent resistance to abrasion, flame, and moisture. Apart from these, PVC also possesses unique characteristics such as resistance to UV, acids, oils, and alkalis, among others. In addition, easy processibility and recyclability of this material makes it ideal for sustainable wiring and cabling solutions, leading to a heightened growth of this segment.
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Global Wire and Cable Compounds Market Share by Product
Based on product, fiber optic cables occupy a significant share of the wire and cable compounds market. Fiber optic cables offer greater bandwidth, deliver faster speeds, can be applied for longer distances, are extremely durable and reliable, are thin and flexible, and the total ownership cost is low. Hence, these advantages offered by fiber optic cables makes them ideal for various power-related projects. They allow less interference which adds to their security, propelling the demand for fiber optic cables.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global wire and cable compounds market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Cabot Corporation
Cabot Corporation is a leading specialty chemicals and performance materials company which serves crucial sectors such as transportation, infrastructure, environment, and consumer, among others. It was founded in 1882 and is currently headquartered in Massachusetts, United States.
Buss AG
Buss AG is a global compounding systems manufacturing company which has a core expertise in the field of application specific compounding solutions and a product portfolio which includes calendaring sheet, cable compound, masterbatch, performance compound, and engineered plastic. It was founded in 1901 and is headquartered in Basel-landschaft, Switzerland.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include DuPont de Nemours, IncSolvay S.A., Trelleborg AB, SCG Chemicals Public Company Limited, Exxon Mobil Corporation, Mitsubishi Chemical Corporation, Electric Cable Compounds, INC., and Melos GmbH, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of USD 15.40 Billion in 2024.
The market is estimated to grow at a CAGR of 9.20% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of USD 37.13 Billion by 2034.
Rising construction activities, increasing demand for wiring and cabling in automobiles, sophistication of electrical and electronics, and rapid urbanisation are the major drivers of the market.
The key trends in the market include the technological advancements in various end use sectors, increasing demand for durable and thin wires and cables, and globally increasing demand for energy.
Polyvinyl chloride (PVC), thermoplastic elastomer (TPE), thermoplastic polyurethane (TPU), and thermoplastic olefin (TPO), among others, are the different polymer types of wire and cable compounds in the market.
Fiber optic cable, and coaxial cable, among others, are the primary products of wire and cable compounds in the market.
Cabot Corporation, Buss AG, DuPont de Nemours, Inc, Solvay S.A., Trelleborg AB, SCG Chemicals Public Company Limited, Exxon Mobil Corporation, Mitsubishi Chemical Corporation, Electric Cable Compounds, INC., and Melos GmbH, among others, are the key players in the wire and cable compounds market, according to the report.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Polymer Type |
|
| Breakup by Product |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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