The global low smoke halogen free cable market is expected to grow at a significant CAGR during the forecast period 2024-2031. The low smoke halogen free cable is also known as low smoke zero halogen or LSZH cables. These are widely used as a coating material and for jacketing the cable or wire to enhance the protection and safety of cables. The low smoke halogen free cable is designed with thermostable and thermoplastic materials that on exposure to fire emits zero halogen and low smoke. These cables are highly efficient, reliable and non-toxic and are widely applicable in aircraft, cars, and railway carriages among others.
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The rising demand for properties including- non-toxic, flame retardant cables encourages the demand for low smoke halogen free cables and drives the growth of this market during the forecast period. The improved efficiency of resistance against chemical harms and heat is further anticipated to expand the global low smoke halogen free cable market and introduce major market driving opportunities during the forecast period. Furthermore, to avoid the explosion in cables placed in these vehicles the demand for LSZH wires is increasing at a steady pace and positively impact the low smoke halogen free cable market growth across the globe.
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Market Coverage
- Segment Covered-
o By Insulation Material Type
o By Application
- Competitive Landscape- ExxonMobil Corp., Alpha Gary, Hitachi- Cable, Fujikura, ECC.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Low Smoke Halogen Free Cable Market by Segment
By Insulation Material Type
· Polyethylene
· Thermoplastic Polyurethane
· Polypropylene
· Others
By Application
· Aircraft
· Ships
· Rail Cars
· Others
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