Global Low Smoke Halogen-Free Cable Materials Market Projected to touch USD 653.5 MN by 2025.
Posted On November 04, 2019
Value Market Research, a prominent market research company has recently published a report stating that the Global Low Smoke Halogen-Free Cable Materials Market has been valuated at USD 434.6 MN in 2018 and is anticipated to cross USD 653.5 MN by 2025 with a CAGR of 6% during 2019 -2025. The increase in urbanization has been directly proportional to the increase in demands for commercial complexes, housing and infrastructural constructions and care needs to be taken for the safety and well-being of human lives as well as the property. This proportionality between urbanization and constructions is also related to an increase in the number of fire incidents that are being reported across the globe that are causing casualties as well as losses in economies. Therefore, the global low smoke halogen-free cable materials plays an important role by acting as a solution to reduce these incidents, losses in economy and to improve the safety of both human lives and property.
The low smoke zero halogen cable sheath is prepared using thermoplastic or by thermosetting materials that are halogen free and that emit low smoke when they are heated in contrast to materials such as polyvinyl chloride. Halogens are highly reactive elements such as fluorine, chlorine, bromine and iodine which when exposed to flame discharge poisonous gases that can be hazardous to health. Low-smoke zero-halogen cables are widely used in military applications and places such as hospitals, commercial buildings, railway stations, trains, subway cars and stations, airports and marine modes of transport where the protection of people and expensive communications equipment from hazardous gases is required.
The report “Global Low Smoke Halogen-Free Cable Materials Market Report By Materials (Polyethylene, Polypropylene (PP), Thermoplastic Polyurethane, and Others), Application (Aircraft, Rail Cars, Ships, and Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2018-2025” covers important facts, figures and relevant information that reflects the overall scenario of the industry and gives in-depth insight on the factors leading to the growth of the market during the forecast period.
The Global Low Smoke Halogen-Free Cable Materials Market has been segmented into Polyethylene, Polypropylene and Thermoplastic Polyurethane according to materials. Polypropylene has superior quality characteristics such as good electrical properties as well as tough and improved flexibility therefore making it a very extensively used product for cable insulation and also making it the leading segment material-wise in the Global Low Smoke Halogen-Free Cable Materials Market. The market value for polypropylene was presumed to reach USD XX by the end of 2025.
By application, it has been sub-divided into Aircraft, Rail Cars and Ships. Aircraft has noticeably led this segment and has been alleged to rise up to USD XX by 2025. The Global Low Smoke Halogen-Free Cable Materials Market has been demanded for insulation applications in aircrafts due to the low toxic gas emittance and fire resistance that the product exhibits.
The Global Low Smoke Halogen-Free Cable Materials Market is existent in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa out of which the market in North America has been supposedly expected to touch USD XX by the completion of 2024.
Environmental regulations that have been formulated for low smoke and flame retardancy to be implemented are further responsible for powering the growth of the Low Smoke Halogen-Free Cable Materials market.
Alpha Gary, BASF, Borealis, CGN-DELTA Advanced Nuclear Materials, Dewei Advanced Materials, DuPont, ECC, Exxon Mobile, Fujikara, Hitachi-cable, Hoechst, Padanaplast, Shanghai Kaibo, Shell Chemicals, SUMITOMO, Union Carbide, Yadong Special Cable Material and Zhonglian Photoelectric have been listed as the major players of the Global Low Smoke Halogen-Free Cable Materials Market.
The Report Segments Global Low Smoke Halogen-Free Cable MaterialsMarket –
- Polypropylene (PP)
- Thermoplastic Polyurethane
- Rail Cars
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Companies Profiled in the Report
Alpha Gary, BASF, Bayer, Borealis, CGN-DELTA Advanced Nuclear Materials, Dewei Advanced Materials, DuPont, ECC, Exxon Mobile, Fujikura, Hitachi-cable, Hoechst, Padanaplast, Shanghai Kaibo, Shell Chemicals, SUMITOMO, Union Carbide, Yadong Special Cable Material, and Zhonglian Photoelectric are among the leading key players of the global Low Smoke Halogen-Free Cable Materials market.
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