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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Wire and Cable Compounds Market Size

The global wire and cable compounds market attained a value of USD 15.40 billion in 2024. The market is further expected to grow at a CAGR of 9.20% between 2025 and 2034, to reach a value of USD 33.56 billion by 2034.

Global Wire and Cable Compounds Market

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Key Trends in the Market

Wire and cable compounds refer to the insulating materials used to protect wires and cables and act as a filler for telecommunication, power transmission, and electrical and traction cables. These compounds offer high mechanical strength, excellent resistance to electricity, thermal resistance to low temperatures, and low toxicity.

  • Wire and cable compounds are crucial in any structure, to stop the penetration of moisture, ensuring proper functioning of power transmission and telecommunication cables. Hence, the increasing construction activities across the emerging economies are key wire and cable compounds market trends.
  • The increasing application of wire and cable compounds in the automotive sector is escalating the wire and cable compounds market demand. Anticipated increase in sale of alternative fuel vehicles for passenger and commercial purpose, is expected to bolster the market for wire and cable compounds.
  • Heightened application of wire and cable compounds in the electrical and electronics and the anticipated increase in demand for consumer electronics and high-end appliances is likely to bolster the wire and cable compounds market growth.

Global Wire and Cable Compounds Market Analysis

Based on polymer type, the market is segmented into polyvinyl chloride (PVC), thermoplastic elastomer (TPE), thermoplastic polyurethane (TPU), and thermoplastic olefin (TPO), among others. On the basis of product, the market is classified into fiber optic cable, and coaxial cable, among others. By end user, the market is segmented into automotive, construction, electrical and electronics, healthcare, power, and telecommunication, among others. The regional markets for wire and cable compounds are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global wire and cable compounds market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Global Wire and Cable Compounds Market

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  • Cabot Corporation
  • Buss AG
  • DuPont de Nemours, Inc
  • Solvay S.A.
  • Trelleborg AB
  • SCG Chemicals Public Company Limited
  • Exxon Mobil Corporation
  • Mitsubishi Chemical Corporation
  • Electric Cable Compounds, INC.
  • Melos GmbH
  • Others

Global Wire and Cable Compounds Market Share by Polymer Type

The polyvinyl chloride (PVC) segment, based on polymer type, accounts for a healthy share of the wire and cable compounds market. PVC is a highly preferred thermoplastic material which exhibits high durability, great versatility, strong insulation properties, and excellent resistance to abrasion, flame, and moisture. Apart from these, PVC also possesses unique characteristics such as resistance to UV, acids, oils, and alkalis, among others. In addition, easy processibility and recyclability of this material makes it ideal for sustainable wiring and cabling solutions, leading to a heightened growth of this segment.

Global Wire and Cable Compounds Market Share by Product

Based on product, fiber optic cables occupy a significant share of the wire and cable compounds market. Fiber optic cables offer greater bandwidth, deliver faster speeds, can be applied for longer distances, are extremely durable and reliable, are thin and flexible, and the total ownership cost is low. Hence, these advantages offered by fiber optic cables makes them ideal for various power-related projects. They allow less interference which adds to their security, propelling the demand for fiber optic cables.

Competitive Landscape

Cabot Corporation is a leading specialty chemicals and performance materials company which serves crucial sectors such as transportation, infrastructure, environment, and consumer, among others. It was founded in 1882 and is currently headquartered in Massachusetts, United States.

Buss AG is a global compounding systems manufacturing company which has a core expertise in the field of application specific compounding solutions and a product portfolio which includes calendaring sheet, cable compound, masterbatch, performance compound, and engineered plastic. It was founded in 1901 and is headquartered in Basel-landschaft, Switzerland.

Other market players include DuPont de Nemours, IncSolvay S.A., Trelleborg AB, SCG Chemicals Public Company Limited, Exxon Mobil Corporation, Mitsubishi Chemical Corporation, Electric Cable Compounds, INC., and Melos GmbH, among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Polymer Type
  • Product
  • End User
  • Region
Breakup by Polymer Type
  • Polyvinyl Chloride (PVC)
  • Thermoplastic Elastomer (TPE)
  • Thermoplastic Polyurethane (TPU)
  • Thermoplastic Olefin (TPO)
  • Others
Breakup by Product
  • Fiber Optic Cable
  • Coaxial Cable
  • Others
Breakup by End User
  • Automotive
  • Construction
  • Electrical and Electronics
  • Healthcare
  • Power
  • Telecommunication
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cabot Corporation
  • Buss AG
  • DuPont de Nemours, Inc
  • Solvay S.A.
  • Trelleborg AB
  • SCG Chemicals Public Company Limited
  • Exxon Mobil Corporation
  • Mitsubishi Chemical Corporation
  • Electric Cable Compounds, INC.
  • Melos GmbH
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of USD 15.40 billion in 2024.

The market is estimated to grow at a CAGR of 9.20% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of USD 33.56 billion by 2034.

Rising construction activities, increasing demand for wiring and cabling in automobiles, sophistication of electrical and electronics, and rapid urbanisation are the major drivers of the market.

The key trends in the market include the technological advancements in various end use sectors, increasing demand for durable and thin wires and cables, and globally increasing demand for energy.

Polyvinyl chloride (PVC), thermoplastic elastomer (TPE), thermoplastic polyurethane (TPU), and thermoplastic olefin (TPO), among others, are the different polymer types of wire and cable compounds in the market.

Fiber optic cable, and coaxial cable, among others, are the primary products of wire and cable compounds in the market.

Cabot Corporation, Buss AG, DuPont de Nemours, Inc, Solvay S.A., Trelleborg AB, SCG Chemicals Public Company Limited, Exxon Mobil Corporation, Mitsubishi Chemical Corporation, Electric Cable Compounds, INC., and Melos GmbH, among others, are the key players in the wire and cable compounds market, according to the report.

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