5G Infrastructure Applications Generating Inevitable Demand for Fiber Optic Cables

Some exciting technological and environmentally conscious advancements are predicted to change the dynamics of the wires & cables market by the end of 2022. The primary attributes leveraging this growth will be the Internet of Things (IoT) and the demand for even faster 5G. Furthermore, urbanization in developing economies and the need for safer homes and buildings are expected to drive demand for wire & cable materials used in security and fire alarm applications.

In the coming years, Asia Pacific is expected to see rapid technological developments related driverless vehicle technology and conservation to tackle climate change. Incidentally, the fibre-based network is a building block for futuristic technologies namely 5G. Growing uptake of IoT in vehicles for better safety and high-end automation in economies such as India, Malaysia, and Philippines hold mammoth potential for wires and cables market. Thus, polymer manufacturers will have a massive window of opportunity to make product innovations and grow their market presence by distributing in these regions.

PVC and Fluoropolymer Emerge as Ideal Choices for Wires & Cables

PVC’s inherent properties make it an ideal choice for a wide range of applications. For instance, it is fire retardant and can decrease or suppress combustion in case of fires, preventing flames from spreading. Any indoor or outdoor applications of plastics in the cables must be developed with high safety standards, which is offered by PVC as the material lends insulation, strength, and protection at various operating temperatures. This is vital in the case of inner electric wires, cables, and fiber optics, which are used at very low temperatures (for underground or below the sea applications) and at very high ones (in case of powerful engines such as automotive applications).

Inherently, fluoropolymers are resistant to fire, which makes them compliant with code and insurance requirements, making them an ideal choice for energy, and oil & gas industries. Energy companies that invest heavily in recording apparatus, transmission cables, and deep well cables, require protective coating and insulation, which is delivered by fluoropolymers.

On the other hand, polyethylene is also finding immense demand from wire & cable manufacturers for jacketing and sheathing applications. Polyethylene is gradually gaining traction in HT cable application, however, cross linked PE has already substituted PVC in LT cable application.

Technological Advancements to Change the Dynamics of Wire & Cable Plastics Market

Surge in usage of wireless devices such as cameras, security systems, and smart appliances have pushed frontiers for media equipment. The constant upgrades in wireless technologies and electronic devices is generating greater demand for power and data transmission since the wattage transmitted over cabling is increasing. Such heavy transmission generated heat, when not insulated with the apt material, it can cause data degradation, thereby increasing temperatures to unsafe levels. This has led to emergence of an inevitable demand for the right plastic materials for wire & cables in the building & construction, automotive, healthcare, and various other industries.

The demand for advanced plastic materials and cable coatings for overhead power lines to protect the bare wire and prevent sparks from causing fires is also projected to add growth trajectory for plastics in the wires & cables applications. Wire and cable are the largest application areas for plastics such as polyvinyl chloride, nylon, polyethylene, and polypropylene. These plastic types are extensively used to power innumerable appliances and electrical equipment, right from fridges, washing machines, toasters, and TVs to ever-increasing popular consumer electronics such as PCs, laptops, smartphones, tablets, and other IT devices.

Infrastructural Development in Asia Pacific to be the Limelight for Wire & Cable Plastic Suppliers

Countries such as China, India, and Japan are witnessing growth in construction activities due to urbanization and shift in consumer spending capacities. Rising demand for light, power, and communications in Asia Pacific is likely to further the growth over the forecast period. This, in turn, is leading to a substantial increase in the wire & cable plastics market in several countries of the Asia Pacific region. Significant growth is also expected to be witnessed in the European wire & cable industry with initiatives such as ‘Digital Agendas for Europe-2025’. In addition, the growing use of wires and cables in the IT & telecommunication sector is estimated to drive the wire & cable plastics as well.

Companies Plan Business Expansions through Growing IT & Telecom Sector

BASF SE, SCG Chemicals Co. Ltd., LyondellBasell Industries Holdings B.V., Arkema Group, Solvay SA, SABIC, Borealis AG, Songwon Industrial Group, BLS Polymer Ltd., Lucobit AG, Hanwha Europe GmbH, Daikin America, Inc., Finolex Cables, and Formosa Plastics are some of the leading players operating in the wire & cable plastics industry. These leading market players in the wire & cable plastics market are eyeing opportunities in high-growth regions such as Russia, U.S., China, India, and Japan to expand their business in IT & telecommunication applications.

In order to proclaim a larger share in the wire & cable industry, several plastic manufacturers are making constant efforts for technological innovations in their product offerings. For instance, Finolex Cables in India, has developed radiation technology-based solar cables, auto wires for the engines, instrumentation cables using thin copper wires and telecom fibers for residential use.

Regional Classification of the Global Wire & Cable Plastics Market is Listed Below:

North America

U.S.
Canada

Europe

Germany
France
Spain
U.K.
Italy
Russia
Rest of Europe

Asia Pacific

China
Japan
India
Southeast Asia
Rest of Asia Pacific

Latin America

Brazil
Mexico
Rest of Latin America

Middle East and Africa

GCC
South Africa
Rest of Middle East & Africa

*Regions and countries are subject to change based on data availability.

Key Elements Included In The Study: Global Wire & Cable Plastics Market

Wire & Cable Plastics Market by Product/Technology/Grade, Application/End-user, and Region
Executive Summary (Opportunity Analysis and Key Trends)
Historical Market Size and Estimates, Value and Volume, 2018 - 2022
Volume Consumption at Regional and Country Level, 2023 - 2030
Market Dynamics and Economic Overview
Market Size in Value and Volume, Growth Rates, and Forecast Figures, 2023 - 2030
Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies
Regional and Product/Grade/Application/End-user Price Trends Analysis
Value Chain and Five Force’s Analysis
Regional/Sub-region/Country Market Size and Trend Analysis
Company Market Share Analysis and Key Player Profiles

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1. Executive Summary
1.1. Global Wire and Cables Plastics Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations

2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver 1
2.2.1.2. Driver 2
  2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
  2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
  2.5.1. Supply
  2.5.2. Demand
2.6. Economic Analysis
2.7. Government Regulations
2.8. Upcoming Projects

3. Production Output and Trade Statistics, 2018 - 2022
3.1. Supply-Demand Analysis
3.2. Regional Statistics
  3.2.1. North America
  3.2.2. Europe
  3.2.3. Asia Pacific
3.2.3.1. China
  3.2.4. Rest of the World

4. Price Trends Analysis and Future Projects, 2018 - 2030
4.1. Key Highlights
4.2. Average Price, By Application
4.3. Average Price, By Region

5. Global Wire and Cables Plastics Market Outlook, 2018 - 2030
5.1. Global Wire and Cables Plastics Market Outlook, by Product, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  5.1.1. Key Highlights
5.1.1.1. Polyethylene (PE)
5.1.1.1.1. HDPE
5.1.1.1.2. XLPE
5.1.1.1.3. LDPE
5.1.1.1.4. Misc.
5.1.1.2. Polyvinyl Chloride (PVC) Compounds
5.1.1.3. Polyamides
5.1.1.4. Fluoropolymers
5.1.1.5. Misc. (Polypropylene, EVA, TPE, etc.)
  5.1.2. BPS Analysis/Market Attractiveness Analysis
5.2. Global Wire and Cables Plastics Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  5.2.1. Key Highlights
5.2.1.1. Building & Construction
5.2.1.2. Automotive
5.2.1.3. Power
5.2.1.3.1. Low Voltage
5.2.1.3.2. Medium Voltage
5.2.1.3.3. High Voltage
5.2.1.4. IT & Telecommunication
5.2.1.5. Electronics
5.2.1.6. Oil & Gas
5.2.1.7. Aerospace & Defense
5.2.1.8. Misc. (Mining, etc.)
  5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Global Wire and Cables Plastics Market Outlook, by Region, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  5.3.1. Key Highlights
5.3.1.1. North America
5.3.1.2. Europe
5.3.1.3. Asia Pacific
5.3.1.4. Latin America
5.3.1.5. Middle East & Africa
  5.3.2. BPS Analysis/Market Attractiveness Analysis

6. North America Wire and Cables Plastics Market Outlook, 2018 - 2030
6.1. North America Wire and Cables Plastics Market Outlook, by Product, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  6.1.1. Key Highlights
6.1.1.1. Polyethylene (PE)
6.1.1.1.1. HDPE
6.1.1.1.2. XLPE
6.1.1.1.3. LDPE
6.1.1.1.4. Misc.
6.1.1.2. Polyvinyl Chloride (PVC) Compounds
6.1.1.3. Polyamides
6.1.1.4. Fluoropolymers
6.1.1.5. Misc. (Polypropylene, EVA, TPE, etc.)
  6.1.2. BPS Analysis/Market Attractiveness Analysis
6.2. North America Wire and Cables Plastics Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  6.2.1. Key Highlights
6.2.1.1. Building & Construction
6.2.1.2. Automotive
6.2.1.3. Power
6.2.1.3.1. Low Voltage
6.2.1.3.2. Medium Voltage
6.2.1.3.3. High Voltage
6.2.1.4. IT & Telecommunication
6.2.1.5. Electronics
6.2.1.6. Oil & Gas
6.2.1.7. Aerospace & Defense
6.2.1.8. Misc. (Mining, etc.)
  6.2.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Wire and Cables Plastics Market Outlook, 2018 - 2030
7.1. Europe Wire and Cables Plastics Market Outlook, by Product, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  7.1.1. Key Highlights
7.1.1.1. Polyethylene (PE)
7.1.1.1.1. HDPE
7.1.1.1.2. XLPE
7.1.1.1.3. LDPE
7.1.1.1.4. Misc.
7.1.1.2. Polyvinyl Chloride (PVC) Compounds
7.1.1.3. Polyamides
7.1.1.4. Fluoropolymers
7.1.1.5. Misc. (Polypropylene, EVA, TPE, etc.)
  7.1.2. BPS Analysis/Market Attractiveness Analysis
7.2. Europe Wire and Cables Plastics Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  7.2.1. Key Highlights
7.2.1.1. Building & Construction
7.2.1.2. Automotive
7.2.1.3. Power
7.2.1.3.1. Low Voltage
7.2.1.3.2. Medium Voltage
7.2.1.3.3. High Voltage
7.2.1.4. IT & Telecommunication
7.2.1.5. Electronics
7.2.1.6. Oil & Gas
7.2.1.7. Aerospace & Defense
7.2.1.8. Misc. (Mining, etc.)
  7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Europe Wire and Cables Plastics Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  7.3.1. Key Highlights
7.3.1.1. Germany
7.3.1.2. France
7.3.1.3. U.K.
7.3.1.4. Italy
7.3.1.5. Turkey
7.3.1.6. Russia
7.3.1.7. Rest of Europe
  7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Wire and Cables Plastics Market Outlook, 2018 - 2030
8.1. Asia Pacific Wire and Cables Plastics Market Outlook, by Product, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  8.1.1. Key Highlights
8.1.1.1. Polyethylene (PE)
8.1.1.1.1. HDPE
8.1.1.1.2. XLPE
8.1.1.1.3. LDPE
8.1.1.1.4. Misc.
8.1.1.2. Polyvinyl Chloride (PVC) Compounds
8.1.1.3. Polyamides
8.1.1.4. Fluoropolymers
8.1.1.5. Misc. (Polypropylene, EVA, TPE, etc.)
  8.1.2. BPS Analysis/Market Attractiveness Analysis
8.2. Asia Pacific Wire and Cables Plastics Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  8.2.1. Key Highlights
8.2.1.1. Building & Construction
8.2.1.2. Automotive
8.2.1.3. Power
8.2.1.3.1. Low Voltage
8.2.1.3.2. Medium Voltage
8.2.1.3.3. High Voltage
8.2.1.4. IT & Telecommunication
8.2.1.5. Electronics
8.2.1.6. Oil & Gas
8.2.1.7. Aerospace & Defense
8.2.1.8. Misc. (Mining, etc.)
  8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Asia Pacific Wire and Cables Plastics Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  8.3.1. Key Highlights
8.3.1.1. China
8.3.1.2. Japan
8.3.1.3. South Korea
8.3.1.4. India
8.3.1.5. Southeast Asia
8.3.1.6. Rest of Asia Pacific
  8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Wire and Cables Plastics Market Outlook, 2018 - 2030
9.1. Latin America Wire and Cables Plastics Market Outlook, by Product, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  9.1.1. Key Highlights
9.1.1.1. Polyethylene (PE)
9.1.1.1.1. HDPE
9.1.1.1.2. XLPE
9.1.1.1.3. LDPE
9.1.1.1.4. Misc.
9.1.1.2. Polyvinyl Chloride (PVC) Compounds
9.1.1.3. Polyamides
9.1.1.4. Fluoropolymers
9.1.1.5. Misc. (Polypropylene, EVA, TPE, etc.)
  9.1.2. BPS Analysis/Market Attractiveness Analysis
9.2. Latin America Wire and Cables Plastics Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  9.2.1. Key Highlights
9.2.1.1. Building & Construction
9.2.1.2. Automotive
9.2.1.3. Power
9.2.1.3.1. Low Voltage
9.2.1.3.2. Medium Voltage
9.2.1.3.3. High Voltage
9.2.1.4. IT & Telecommunication
9.2.1.5. Electronics
9.2.1.6. Oil & Gas
9.2.1.7. Aerospace & Defense
9.2.1.8. Misc. (Mining, etc.)
  9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Latin America Wire and Cables Plastics Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  9.3.1. Key Highlights
9.3.1.1. Brazil
9.3.1.2. Mexico
9.3.1.3. Rest of Latin America
  9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Wire and Cables Plastics Market Outlook, 2018 - 2030
10.1. Middle East & Africa Wire and Cables Plastics Market Outlook, by Product, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  10.1.1. Key Highlights
10.1.1.1. Polyethylene (PE)
10.1.1.1.1. HDPE
10.1.1.1.2. XLPE
10.1.1.1.3. LDPE
10.1.1.1.4. Misc.
10.1.1.2. Polyvinyl Chloride (PVC) Compounds
10.1.1.3. Polyamides
10.1.1.4. Fluoropolymers
10.1.1.5. Misc. (Polypropylene, EVA, TPE, etc.)
  10.1.2. BPS Analysis/Market Attractiveness Analysis
10.2. Middle East & Africa Wire and Cables Plastics Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  10.2.1. Key Highlights
10.2.1.1. Building & Construction
10.2.1.2. Automotive
10.2.1.3. Power
10.2.1.3.1. Low Voltage
10.2.1.3.2. Medium Voltage
10.2.1.3.3. High Voltage
10.2.1.4. IT & Telecommunication
10.2.1.5. Electronics
10.2.1.6. Oil & Gas
10.2.1.7. Aerospace & Defense
10.2.1.8. Misc. (Mining, etc.)
  10.2.2. BPS Analysis/Market Attractiveness Analysis
10.3. Middle East & Africa Wire and Cables Plastics Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  10.3.1. Key Highlights
10.3.1.1. GCC
10.3.1.2. South Africa
10.3.1.3. Rest of Middle East & Africa
  10.3.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape
11.1. Company Market Share Analysis, 2022
11.2. Market Structure
11.3. Product vs Application Heatmap
11.4. Company Profiles
  11.4.1. SABIC
11.4.1.1. Company Overview
11.4.1.2. Product Portfolio
11.4.1.3. Financial Overview
11.4.1.4. Business Strategies and Development
  11.4.2. INEOS
  11.4.3. SCG
  11.4.4. BASF SE
  11.4.5. Avient Corporation
  11.4.6. Arkema S.A.
  11.4.7. Solvay S.A.
  11.4.8. Borealis AG
  11.4.9. 3M
  11.4.10. LyondellBasell Industries N.V.
  11.4.11. Repsol S.A.
  11.4.12. The Dow Chemical Company

12. Appendix
12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations

Wire & Cable Plastics Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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