Global Fire-Resistant Cable Market to reach 2.17 billion by 2027.Global Fire-Resistant Cable Market is valued approximately USD 1.74 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.3% over the forecast period 2021-2027.
Fire resistant cables are designed to maintain circuit integrity and continue to work for a specified period of time under defined conditions
High demand for fire-resistant cables for fire safety & protection in various end-use industries and growth of construction industry has surged the demand for sustainable building materials is driving the growth of the market. The main function is to preserving the integrity of the environment during a fire incident, and improving the chances of escape and survival.
In 2021, Jiangnan Group has installed four imported cross-linked cable production lines, including two production lines for 35kV ultra-high-speed medium-voltage crosslinked cables, one production line for 110kV PP cables and one production line for 110kV cross-linked cables and import two German concentric stranding machines in 2021. In November 2020, NKT Group has linked with the purpose of ensuring the efficient integration of energy into the Belgian, UK, and German power grids by entering into the service agreements with Elia, 50 Hertz, and Nemo.
Volatility in raw material prices and availability of cheap and inferior quality fire-resistant cable is hampering the growth of the market. However, increase in demand for fire-resistant cables for power generation and rapid growth in industrialization and urbanization, increasing awareness regarding fire safety accidents, and regulatory standards of fire safety will result in growth of the market in forth coming period.
The regional analysis of Global Fire-Resistant Cable Market is considered for the key regions such Asia Pacific, North America, Europe, Latin America and Rest of the World. The Asia Pacific region has the dominating market across the globe. High demand from China, India, and ASEAN countries for fire-resistant cables has driven the market, which are experiencing substantial growth in the end-use industries. Key factors expected to propel industry expansion in the region are increasing population and rapid urbanization. Growing manufacturing, building & construction, and automotive & transportation industries, among others in several Asia Pacific countries are fuelling the demand for fire-resistant cables in the region.

Major market player included in this report are:
Prysmian Group
Nexans S.A.
NKT Group
Leoni AG
LS Cable & System Limited
Jiangnan Group Limited
Tratos Limited
EL Sewedy Electric Company
Furukawa Electric Co., Ltd.
Tele-Fonika Kable SA.


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Industrial within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product End-Use of key players. The detailed segments and sub-segment of the market are explained below:

By Insulation Material:
XLPE
PVC
EPR
LSZH
Others (includes silicone rubber (SiR), ethylene-vinyl acetate (EVA), and polyethylene (PE))
By End-Use:
Automotive & Transportation
Building & Construction
Energy
Manufacturing
Others (includes data centres, electronics, and telecommunication)

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoASIA PACIFIC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Fire-Resistant Cable Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors