India to Exhibit Significant Growth in the Asia-Pacific Fire-Resistant Cable Market

The Asia-Pacific fire-resistant cable market is anticipated to grow at a CAGR of 5.9% during the forecast period (2019-2025). The presence of strict laws and regulations related to fire safety is a key factor contributing to the demand for fire-resistant cable in the region. Moreover, the developing construction industry of the major economies of Asia-Pacific such as India, China, Japan, and Singapore among others is creating for these cables to meet the fire safety requirements in buildings.

Browse the full report description Asia-Pacific Fire-Resistant Cable Market Size, Share & Trends Analysis Report 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, and Others), and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/asia-pacific-fire-resistant-cable-market

The study of the Asia-Pacific fire-resistant cable covers the analysis of major economies of Asia-Pacific including China, India, Japan, and others. India is estimated to exhibit a considerable growth of 6.5% during the forecast period. The growth in the country is attributed to strict government regulations for fire protection and regulations regarding construction products used in the building & construction industry, and the rising automotive industry.

According to the India Brand Equity Foundation, India is anticipated to become the third-largest construction market across the globe by 2022. For this, the country will create the demand for over $777.7 billion investment in infrastructure development by 2022. Favorable characteristics of fire-resistant cables encourage the adoption of these cables in the building and construction industry.

Market Coverage

• The market number available for – 2018-2025
• Base year- 2018
• Forecast period- 2019-2025
• Segment Covered- 

o By Insulation Material

o By End-Use Industry

• Competitive Landscape- RR Kabel Ltd., LS Cable & System Ltd., Tianjin Suli Cable Group Ltd., Wilson Cables, Havells India Ltd., and others

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Fire-Resistant Cable Market Report Segment

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

Asia-Pacific Fire-Resistant Cable Market Report- Countries Covered

• China
• India
• Japan
• Rest of Asia-Pacific