Flame retardant cables resist the spread of fire into a new area, while fire rated cables maintain circuit integrity and continue to work for a specified time under defined conditions. The fundamental feature is: in the case of fire may be burned and can’t run, but can prevent the spread of the fire, the combustion is limited to the local scope, does not spread, keep other kinds of equipment, to avoid causing greater losses.
First, as for the Europe flame retardant cable industry, the industry structure is relatively dispenser. The top five manufacturers only have 53.16% revenue market share in 2016.
Second, the Europe consumption of flame retardant cable products rises up from 3494 K Meters in 2012 to 4054 K Meters in 2016, with an average annual growth rate of 3.68%. At the same time, the revenue of Europe flame retardant cable sales market has a leap from 10317 K dollars to 11035 K dollars. The reason causes this increase is the growing demand for the flame retardant cable products, which is the result of the growing needs of downstream industry.
Third, the downstream industries of flame retardant cable products are building, power plant and manufacturing factory. In the recent years, with the recovery of global economic, the development of emerging countries and the rising awareness of fire-resistant, the consumption increase of flame retardant cable will be obvious. In the foreseeable future, the flame retardant cable products will show an optimistic upward trend.
The worldwide market for Flame Retardant Cable is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.
Global Flame Retardant Cable Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Flame Retardant Cable Industry report also provides essential attributes associated with Flame Retardant Cable market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Flame Retardant Cable Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Flame Retardant Cable business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Flame Retardant Cable market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Northern Ireland Plastics
Zibo Kelida Plastic
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
Printing Plate & Billboard
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