Market Overview:
The global cable coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for coated cables from various end-use industries, such as construction, automotive, and energy. In terms of type, the intumescent cable coatings segment is expected to grow at a higher CAGR than the non-intumescent cable coatings segment during the forecast period. This growth can be attributed to the increasing demand for intumescent coatings in fire-resistant applications.
Product Definition:
Cable coating is a polymer insulation that is applied to electric cables. The coating helps protect the cable from moisture and corrosion, which can damage the cable and cause electrical shorts.
Intumescent Cable Coatings:
Intumescent cable coatings are a group of thin, protective films that are applied to the insulation in electrical cables. The primary function of these coatings is to protect against external fire and heat damage. They also have the added benefit of providing some resistance to electricity leakage, which makes them suitable for use in underground cabling systems where direct fire access is possible.
Non-Intumescent Cable Coatings:
Non-intumescent cable coatings are used in the electrical and electronic industry for insulating, protecting and reinforcing high voltage power cables. These coatings do not contain any intumescent agents which means they cannot be set on fire or melt. The non-intumescent properties of these products make them suitable to be run through underground conduits, which are usually a main concern with intumescent cables.
Application Insights:
The indoor application segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The increasing use of intumescent cable coatings in residential, commercial and industrial buildings to protect against fire is expected to drive product demand. In addition, growing urbanization across various regions coupled with a rise in disposable income levels will fuel demand for intumescent cable coatings from 2017 to 2030.
The outdoor application segment was valued at USD 281.5 million in 2016 owing to rising applications of non-intumescent coating materials on electrical cables and power lines among others such as oil & gas pipelines, marine cables among others which are exposedto extreme temperatures including heat, cold & ice along with mechanical damage such as cutting etc., from vehicles running on roads or railway tracks etc., thereby driving the market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rapid infrastructure development along with increasing foreign investments in China, India, Japan, South Korea and Australia. Moreover, rising disposable income coupled with growing consumer awareness regarding energy conservation is likely to drive product demand over the next eight years.
The European region accounted for a share of more than 20% of total revenue in 2017 owing to high penetration of cable coating products due to extensive application scope and durability offered by them under different climatic conditions across Europe including Germany, France Italy U K Eire etc. In addition they are used widely for covering power cables as well as communication cables which results into high market share occupied by this region globally.
North America emerged as one of the major consumers due to presence of prominent players such as Nippon Paint Holdings Co., Ltd.; Sherwin-Williams; Valspar Corporation; PPG Industries Inc.
Growth Factors:
- Increasing demand from the automotive industry for cable coating to protect wiring from corrosion and abrasion.
- Growing demand for coated cables in the construction industry as they are more resistant to weathering and UV radiation.
- Rising popularity of coated cables in the telecommunications sector as they offer protection against electrical interference and signal degradation.
- Increasing use of coated cables in renewable energy applications such as wind turbines and solar panels, due to their superior insulation properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cable Coating Market Research Report
By Type
Intumescent Cable Coatings, Non-Intumescent Cable Coatings
By Application
Indoor, Outdoor
By Companies
BASF, Emerson, Metacaulk, Hilti, STI Marine, Pyro-Cote, Hy-Tech, Ameetuff Technical Paints Industries, Fire Security, Flame Control, Neutron Fire Technologies, Fire Retardants, Rudolf Hensel, Pacific Fire Controls
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Cable Coating Market Report Segments:
The global Cable Coating market is segmented on the basis of:
Types
Intumescent Cable Coatings, Non-Intumescent Cable Coatings
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Indoor, Outdoor
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Emerson
- Metacaulk
- Hilti
- STI Marine
- Pyro-Cote
- Hy-Tech
- Ameetuff Technical Paints Industries
- Fire Security
- Flame Control
- Neutron Fire Technologies
- Fire Retardants
- Rudolf Hensel
- Pacific Fire Controls
Highlights of The Cable Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Intumescent Cable Coatings
- Non-Intumescent Cable Coatings
- By Application:
- Indoor
- Outdoor
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cable Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cable coating is a protective coating that is applied to cables to prolong their life. The coating helps protect the cable against environmental factors, such as oil and grease, which can damage the cable over time.
Some of the key players operating in the cable coating market are BASF, Emerson, Metacaulk, Hilti, STI Marine, Pyro-Cote, Hy-Tech, Ameetuff Technical Paints Industries, Fire Security, Flame Control, Neutron Fire Technologies, Fire Retardants, Rudolf Hensel, Pacific Fire Controls.
The cable coating market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cable Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cable Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cable Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cable Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cable Coating Market Size & Forecast, 2020-2028
4.5.1 Cable Coating Market Size and Y-o-Y Growth
4.5.2 Cable Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Intumescent Cable Coatings
5.2.2 Non-Intumescent Cable Coatings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Indoor
6.2.2 Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cable Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cable Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Intumescent Cable Coatings
9.6.2 Non-Intumescent Cable Coatings
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Indoor
9.10.2 Outdoor
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Intumescent Cable Coatings
10.6.2 Non-Intumescent Cable Coatings
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Indoor
10.10.2 Outdoor
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Intumescent Cable Coatings
11.6.2 Non-Intumescent Cable Coatings
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Indoor
11.10.2 Outdoor
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Intumescent Cable Coatings
12.6.2 Non-Intumescent Cable Coatings
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Indoor
12.10.2 Outdoor
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Intumescent Cable Coatings
13.6.2 Non-Intumescent Cable Coatings
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Indoor
13.10.2 Outdoor
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cable Coating Market: Competitive Dashboard
14.2 Global Cable Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Emerson
14.3.3 Metacaulk
14.3.4 Hilti
14.3.5 STI Marine
14.3.6 Pyro-Cote
14.3.7 Hy-Tech
14.3.8 Ameetuff Technical Paints Industries
14.3.9 Fire Security
14.3.10 Flame Control
14.3.11 Neutron Fire Technologies
14.3.12 Fire Retardants
14.3.13 Rudolf Hensel
14.3.14 Pacific Fire Controls
