Industry Background:
Eco-friendly Cable composed biodegradable materials to ensure a low environmental impact. Industry and global trends are driving the need for new halogen-free, recyclable wire and cable solutions that eliminate PVC from product design due to possible health and environmental risks. Government is working towards upgradation and modernization of T&D networks to cope with the rising demand for electricity and this will boost the market growth. Customers want precision products that are also good for the society.
The Global Eco-friendly Cable market presents a comprehensive analysis of the Eco-friendly Cable market by product type (Polyethylene Based, Polypropylene Based and Others), by end-user/application (Communication, Petrochemicals, Manufacturing and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Players profiled in the report are Fujikura (Japan), Hitachi (Japan), Furukawa Electric (Japan), Nexans (France), Prysmian Group (Italy), Alpha Wire (United States), Oki Electric Cable (Japan), Kuramo Electric (Japan), Shikoku Cable (United States), JMACS Japan Co.,Ltd (Japan), Polycab India Limited (India) and Sterlite Technologies Limited (India).
Attributes | Details |
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Study Period | 2017-2026 |
Base Year | 2020 |
Forecast Period | -2026 |
Historical Period | 2017-2020 |
Unit | Value (USD Million) |
Key Companies Profiled | Fujikura (Japan), Hitachi (Japan), Furukawa Electric (Japan), Nexans (France), Prysmian Group (Italy), Alpha Wire (United States), Oki Electric Cable (Japan), Kuramo Electric (Japan), Shikoku Cable (United States), JMACS Japan Co.,Ltd (Japan), Polycab India Limited (India) and Sterlite Technologies Limited (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Trend for Recyclable Feature Attributed by Eco Cable and Demand for heat resistant cables are Fueling Growth of eco-cable
Market Growth Drivers:
Increasing Government Spending on Green Energy Technology and Rising demand for magnificent recyclability of cables driving the Growth for Eco-friendly cable
Challenges:
Challenge of manufacturing the Best Possible Quality
Restraints:
Flection in supply and Demand can hamper the Growth and Rising raw material costs are Hamper the Growth
Opportunities:
Growing Eco-friendly Cable in Emerging Country Like China, India and Increasing Advance Communication facilities
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Eco-friendly Cable industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest.
The Distribution Channels, such as Online, is boosting the Eco-friendly Cable market and is anticipated to experience a steady growth during the forecast period.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)