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Global Wire and Cable Compounds Market Share, Size, Analysis, Growth, Report, Forecast: By Polymer Type: Polyvinyl Chloride (PVC), Thermoplastic Elastomer (TPE), Thermoplastic Polyurethane (TPU), Thermoplastic Olefin (TPO), Others; By Product: Fiber Optic Cable, Others; By End User; Regional Analysis; Competitive Landscape; 2023-2028
Global Wire and Cable Compounds Market Outlook
The global wire and cable compounds market size attained a value of USD 14.1 billion in 2022. The market is further expected to grow at a CAGR of 9.20% between 2023 and 2028, to reach a value of USD 23.6 billion by 2028.
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.
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- 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.
Global Wire and Cable Compounds Market Analysis
Based on polymer type, the market is segmented into polyvinyl chloride (PVC), thermoplastic elastomer (TPE), thermoplastic polyurethane (TPU), and thermoplastic olefin (TPO), among others. On the basis of product, the market is classified into fiber optic cable, and coaxial cable, among others. By end user, the market is segmented into automotive, construction, electrical and electronics, healthcare, power, and telecommunication, among others. The regional markets for wire and cable compounds are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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.
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- 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.
- Melos GmbH
- Others
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.
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.
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Competitive Landscape
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 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.
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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Wire and Cable Compounds Market Analysis
8.1 Key Industry Highlights
8.2 Global Wire and Cable Compounds Historical Market (2018-2022)
8.3 Global Wire and Cable Compounds Market Forecast (2023-2028)
8.4 Global Wire and Cable Compounds Market by Polymer Type
8.4.1 Polyvinyl Chloride (PVC)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Thermoplastic Elastomer (TPE)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Thermoplastic Polyurethane (TPU)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Thermoplastic Olefin (TPO)
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Wire and Cable Compounds Market by Product
8.5.1 Fiber Optic Cable
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Coaxial Cable
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Wire and Cable Compounds Market by End User
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Construction
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Electrical and Electronics
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Healthcare
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Power
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Telecommunication
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2022)
8.6.6.3 Forecast Trend (2023-2028)
8.6.7 Others
8.7 Global Wire and Cable Compounds Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Wire and Cable Compounds Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Wire and Cable Compounds Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Wire and Cable Compounds Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Wire and Cable Compounds Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Wire and Cable Compounds Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Cabot Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Buss AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 DuPont de Nemours, Inc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Solvay S.A.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Trelleborg AB
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 SCG Chemicals Public Company Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Exxon Mobil Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Mitsubishi Chemical Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Electric Cable Compounds, INC.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Melos GmbH
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Wire and Cable Compounds Market: Key Industry Highlights, 2018 and 2028
2. Global Wire and Cable Compounds Historical Market: Breakup by Polymer Type (USD Million), 2018-2022
3. Global Wire and Cable Compounds Market Forecast: Breakup by Polymer Type (USD Million), 2023-2028
4. Global Wire and Cable Compounds Historical Market: Breakup by Product (USD Million), 2018-2022
5. Global Wire and Cable Compounds Market Forecast: Breakup by Product (USD Million), 2023-2028
6. Global Wire and Cable Compounds Historical Market: Breakup by End User (USD Million), 2018-2022
7. Global Wire and Cable Compounds Market Forecast: Breakup by End User (USD Million), 2023-2028
8. Global Wire and Cable Compounds Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Wire and Cable Compounds Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Wire and Cable Compounds Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Wire and Cable Compounds Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Wire and Cable Compounds Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Wire and Cable Compounds Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Wire and Cable Compounds Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Wire and Cable Compounds Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Wire and Cable Compounds Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Wire and Cable Compounds Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Wire and Cable Compounds Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Wire and Cable Compounds Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Wire and Cable Compounds Market Structure
Key Questions Answered in the Report
The market reached a value of USD 14.1 billion in 2022.
The market is estimated to grow at a CAGR of 9.20% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 23.6 billion by 2028.
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.
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