Lucintel Blog: Lucintel Forecasts Wire and Cable Jacket Material Market to Reach $XX Billion by 2028

Friday, January 6, 2023

Lucintel Forecasts Wire and Cable Jacket Material Market to Reach $XX Billion by 2028

According to the recent study the wire and cable jacket material market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 6% to 8% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for wire and cable for high-quality telecommunications infrastructure, growing technological advancements, and electrification of aircraft systems.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in wire and cable jacket material market by temperature rating (200C to 250C, 250C to 300C, and 300C above), material type (polyetheretherketone, polyimide, polytetrafluoroethylene, perfluoroalkoxy, and others), end use industry (aerospace and defense, subsea, artificial lift system, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/wire-and-cable-jacket-material-market.aspx

“Perfluoroalkoxy market is expected to remain the largest segment during the forecast period.”

Based on material type, the wire and cable jacket material market is segmented into polyetheretherketone, polyimide, polytetrafluoroethylene, perfluoroalkoxy, and others. Lucintel forecasts that the perfluoroalkoxy market is expected to remain the largest segment due to strong chemical resistance and excellent temperature ratings.

“Within the wire and cable jacket material market, the aerospace and defense segment is expected to remain the largest end use industry.”

Based on end use industry the aerospace and defense segment is expected to witness the highest growth over the forecast period due to the growing requirement of ruggedized cable assemblies to form a highly reliable network backbone for aircraft to military applications and increasing usage of wire jacket material to shield all signal transmissions from external thermal, chemical, mechanical, and environmental stressors.

“Asia pacific will dominate the wire and cable jacket material market in near future.”

Asia Pacific will remain the largest region over the forecast period due to the rising demand for communication, power, and light in various countries of this region.

Download Brochure of this report by clicking on https://www.lucintel.com/wire-and-cable-jacket-material-market.aspx.

Major players of wire and cable jacket material market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. ARKEMA S.A., Calmont Wire & Cable Inc., E. I. DU PONT DE Nemours And Company, Evonik Industries AG, Fluorocarbon Group, Galaxy Wire & Cable, Inc, and Habia Cable are among the major wire and cable jacket material providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/wire-and-cable-jacket-material-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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