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Fire resistant cables are developed to maintain circuit integrity in case of a fire and ensure safe evacuation with no detrimental effects of smoke and toxic gases.The fire resistant cable market is anticipated to grow in the forecast period owing to improvements in the quality of fire resistant cable coupled with the growing demand for fire resistant cables from the building and construction industry.
The safety and security regulations in countries like the U.S, Europe, and Japan has boosted the growth of fire resistant cable market.
The Global Fire Resistant Cable Market is expected to reach USD 2.3 billion by 2025, from USD 1.7 billion in 2017 growing at a CAGR of 3.3% during the forecast period of 2018 to 2025.
By insulation material, the fire resistant cable market is divided as XLPE, PVC, LSZH, EPR, and others.
Furthermore, these regions are divided into major countries, such as the U.S., India, Germany, France, UK, China, Japan, and Brazil.This report segments the global fire resistant cable market as follows:Global Fire Resistant Cable Market: Insulation Material AnalysisXLPEPVCLSZHEPROthersGlobal Fire Resistant Cable Market: End-Use Industry AnalysisBuilding & ConstructionAutomotive & TransportationManufacturingEnergyOthersRequest for Table of Contents: http://www.marketgrowthanalysis.com/reports/toc/207The report provides a detailed overview of the industry including both qualitative and quantitative information.
It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.