The European fire-resistant cable market is anticipated to grow at a CAGR of 5.1% during the forecast period. The growth of the market is mainly driven by the cohesive government regulations for fire protection and safety guidelines in the construction industry. Additionally, the presence of major market players in the region further contributes to the regional growth of the market.
The study of the European fire-resistant cable covers the analysis of major economies of Europe including Germany, UK, Italy, France, and others. Germany is estimated to exhibit a considerable growth of 5.4% during the forecast period. The growth in the country is attributed to significant growth in the building & construction industry across the country. Population growth, demographic changes, and a favorable economic environment are driving high demand for residential buildings.
Further, the power grid of Germany ranks among the most reliable energy sources across the globe, despite an increasing share of fluctuating renewable energy sources. The government is focused on the expansion of the grid to maintain a high level of resilience. Such extensive plans to increase the size of the grid and power transmission system is expected to contribute to the fire-resistant cable market in the country.
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered-
- By Insulation Material
- By End-Use Industry
- Competitive Landscape- Cleveland Cable Co. Ltd., NKT A/S, Tecnikabel S.p.A., Prysmian Group, Nexans, Leoni AG, and others
European Fire-Resistant Cable Market Segmentation
By Insulation Material
- EPR (Ethylene propylene rubber)
- LSZH (Low Smoke Zero Halogen)
- XLPE (Cross-Linked Polyethylene)
- PVC (Poly Vinyl Chloride)
By End-Use Industry
- Automotive and Transportation
- Energy
- Manufacturing
- Building and Construction
- Others
A full Report of European Fire-Resistant Cable Market is Available at: https://www.omrglobal.com/industry-reports/europe-fire-resistant-cable-market
European Fire-Resistant Cable Market Report- Countries Covered
- UK
- Germany
- Italy
- Spain
- France
Rest of Europe
Company Profiles
- Cleveland Cable Co. Ltd.
- Habia Cable AB
- HUBER+SUHNER AG
- LEONI AG
- Nexans
- NKT A/S
- Prysmian Group
- Reka Cables Ltd
- Sarawak Cable Berhad
- Tecnikabel S.p.A.
- TELDOR Cables & Systems Ltd.
- Tratos Group
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
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