Market Overview:
The global cross-linked polyethylene cable 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 electricity and rising investments in infrastructure and transportation projects. Cross-linked polyethylene cables are used in various applications such as power, oil & gas, manufacturing, metals & mining, infrastructure & transportation, and others. The power sector is expected to account for the largest share of the global cross-linked polyethylene cable market during the forecast period.
Product Definition:
A cable consisting of a core of cross-linked polyethylene insulation and one or more layers of helically stranded copper conductor, used for power transmission. Cross-linked polyethylene is a high-voltage insulation material that has better mechanical and electrical properties than other types of insulation.
LV Cables:
LV cables are used in the power and communication industry for carrying electric signals from one point to another. They are widely used owing to their characteristics such as flexibility, low weight, high insulation resistance and temperature resistance. LV cables can be cross-linked polyethylene or copper & plastic insulated cable that is manufactured using a wide range of materials including PVC, rubber & plastic compounds and metals like aluminum & steel.
MV Cables:
MV cables are used in cross-linked polyethylene (XLPE) cable. Cross-linked polyethylene is a kind of polymer which has high resistance to chemicals, heat, and flame. It is widely used as insulation material for electricity transmission and distribution lines because of its low cost & weight properties along with excellent flexibility at both ends.
Application Insights:
The power application segment led the global cross-linked polyethylene cable market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-voltage direct current (HVDC) transmission systems across countries, such as China, India and Japan. Moreover, favorable government policies regarding renewable energy generation are expected to augment industry growth over the coming years.
Oil & gas emerged as another prominent segment with a revenue share of 15% in 2017 owing to extensive use in oil exploration activities across deep water wells and onshore fields worldwide. Furthermore, growing investments by major oil companies including StatoilHydro ASA/StatoilHydro Norge AS towards developing offshore fields has further propelled demand for HVAC cables from this sector globally.
Regional Analysis:
The global XLP cable market is dominated by North America owing to the increasing demand for power, oil & gas, and manufacturing applications. The growing infrastructure and transportation sectors in developing economies including China, India, Japan are expected to drive the demand for high-speed cables across this region.
Asia Pacific is estimated to be the fastest-growing regional market over the forecast period owing to rapid development of industries such as power generation and distribution in countries such as China and India. In addition, rising investments in expanding transmission capacity by various governments are likely boost industry growth across this region.
Growth Factors:
- Increasing demand from the automotive and electrical & electronics industries
- Growing investments in smart grid infrastructure
- Rising concerns over energy security and safety
- Proliferation of renewable energy sources
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Cross-linked Polyethylene Cable Market Research Report
By Type
LV Cables, MV Cables, HV Cables, EHV Cables
By Application
Power, Oil & Gas, Manufacturing, Metals & Mining, Infrastructure & Transportation, Others
By Companies
Prysmian, Sumitomo Electric, Southwire, Nexans, LS Cable & System, Furukawa Electric, Leoni, Hitachi, Fujikura, Riyadh Cable, Prysmian, Condumex, NKT Cables, FarEast Cable, Baosheng, Shangshang Cable, WuXi Jiangnan Cable, Hanhe
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Cross-linked Polyethylene Cable Market Report Segments:
The global Cross-linked Polyethylene Cable market is segmented on the basis of:
Types
LV Cables, MV Cables, HV Cables, EHV Cables
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
Power, Oil & Gas, Manufacturing, Metals & Mining, Infrastructure & Transportation, Others
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:
- Prysmian
- Sumitomo Electric
- Southwire
- Nexans
- LS Cable & System
- Furukawa Electric
- Leoni
- Hitachi
- Fujikura
- Riyadh Cable
- Prysmian
- Condumex
- NKT Cables
- FarEast Cable
- Baosheng
- Shangshang Cable
- WuXi Jiangnan Cable
- Hanhe
Highlights of The Cross-linked Polyethylene Cable 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:
- LV Cables
- MV Cables
- HV Cables
- EHV Cables
- By Application:
- Power
- Oil & Gas
- Manufacturing
- Metals & Mining
- Infrastructure & Transportation
- Others
- 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 Cross-linked Polyethylene Cable 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?
Cross-linked polyethylene cable is a type of cable made from a polymer that has been cross-linked, or linked together, to create a stronger and more durable cable. Cross-linking makes the polymer less susceptible to damage from physical forces, such as bending or kinking. This increased durability can lead to longer life spans for the cables and reduced maintenance costs.
Some of the key players operating in the cross-linked polyethylene cable market are Prysmian, Sumitomo Electric, Southwire, Nexans, LS Cable & System, Furukawa Electric, Leoni, Hitachi, Fujikura, Riyadh Cable, Prysmian, Condumex, NKT Cables, FarEast Cable, Baosheng, Shangshang Cable, WuXi Jiangnan Cable, Hanhe.
The cross-linked polyethylene cable market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Market Size & Forecast, 2018-2028
4.5.1 Cross-linked Polyethylene Cable Market Size and Y-o-Y Growth
4.5.2 Cross-linked Polyethylene Cable Market Absolute $ Opportunity
Chapter 5 Global Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Market Size Forecast by Type
5.2.1 LV Cables
5.2.2 MV Cables
5.2.3 HV Cables
5.2.4 EHV Cables
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Market Size Forecast by Applications
6.2.1 Power
6.2.2 Oil & Gas
6.2.3 Manufacturing
6.2.4 Metals & Mining
6.2.5 Infrastructure & Transportation
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Analysis and Forecast
9.1 Introduction
9.2 North America Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Market Size Forecast by Type
9.6.1 LV Cables
9.6.2 MV Cables
9.6.3 HV Cables
9.6.4 EHV Cables
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 Cross-linked Polyethylene Cable Market Size Forecast by Applications
9.10.1 Power
9.10.2 Oil & Gas
9.10.3 Manufacturing
9.10.4 Metals & Mining
9.10.5 Infrastructure & Transportation
9.10.6 Others
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 Cross-linked Polyethylene Cable Analysis and Forecast
10.1 Introduction
10.2 Europe Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Market Size Forecast by Type
10.6.1 LV Cables
10.6.2 MV Cables
10.6.3 HV Cables
10.6.4 EHV Cables
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 Cross-linked Polyethylene Cable Market Size Forecast by Applications
10.10.1 Power
10.10.2 Oil & Gas
10.10.3 Manufacturing
10.10.4 Metals & Mining
10.10.5 Infrastructure & Transportation
10.10.6 Others
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 Cross-linked Polyethylene Cable Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Market Size Forecast by Type
11.6.1 LV Cables
11.6.2 MV Cables
11.6.3 HV Cables
11.6.4 EHV Cables
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 Cross-linked Polyethylene Cable Market Size Forecast by Applications
11.10.1 Power
11.10.2 Oil & Gas
11.10.3 Manufacturing
11.10.4 Metals & Mining
11.10.5 Infrastructure & Transportation
11.10.6 Others
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 Cross-linked Polyethylene Cable Analysis and Forecast
12.1 Introduction
12.2 Latin America Cross-linked Polyethylene Cable 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 Cross-linked Polyethylene Cable Market Size Forecast by Type
12.6.1 LV Cables
12.6.2 MV Cables
12.6.3 HV Cables
12.6.4 EHV Cables
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 Cross-linked Polyethylene Cable Market Size Forecast by Applications
12.10.1 Power
12.10.2 Oil & Gas
12.10.3 Manufacturing
12.10.4 Metals & Mining
12.10.5 Infrastructure & Transportation
12.10.6 Others
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) Cross-linked Polyethylene Cable Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cross-linked Polyethylene Cable 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) Cross-linked Polyethylene Cable Market Size Forecast by Type
13.6.1 LV Cables
13.6.2 MV Cables
13.6.3 HV Cables
13.6.4 EHV Cables
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) Cross-linked Polyethylene Cable Market Size Forecast by Applications
13.10.1 Power
13.10.2 Oil & Gas
13.10.3 Manufacturing
13.10.4 Metals & Mining
13.10.5 Infrastructure & Transportation
13.10.6 Others
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 Cross-linked Polyethylene Cable Market: Competitive Dashboard
14.2 Global Cross-linked Polyethylene Cable Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Prysmian
14.3.2 Sumitomo Electric
14.3.3 Southwire
14.3.4 Nexans
14.3.5 LS Cable & System
14.3.6 Furukawa Electric
14.3.7 Leoni
14.3.8 Hitachi
14.3.9 Fujikura
14.3.10 Riyadh Cable
14.3.11 Prysmian
14.3.12 Condumex
14.3.13 NKT Cables
14.3.14 FarEast Cable
14.3.15 Baosheng
14.3.16 Shangshang Cable
14.3.17 WuXi Jiangnan Cable
14.3.18 Hanhe
