Market Overview:
The global fire performance cables 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 fire performance cables in power, communication, and machinery applications. Additionally, the growing construction industry is also expected to drive the growth of the global fire performance cables market during the forecast period. The global fire performance cables market by type is segmented into Fire Rated30 minutes, Fire Rated60 minutes, and Fire Rated120 minutes. The Fire Rated30 minutes segment is projected to lead the global fire performance cables market duringthe forecast period owingto its low installation cost and easy installation process. On them other hand , thee Communication application segmen t iss ee m ed t o gr ow ata hig her C AG R du e t o th e gr owi ng de mand for high-speed data transmission in telecom networks across globe .
Product Definition:
Fire Performance Cables are cables that have been specifically designed to resist fire and minimize the spread of fire. They are typically used in areas where there is a high risk of fire, such as in buildings and construction sites. The importance of Fire Performance Cables is that they can help protect people and property from the dangers of fire.
Fire Rated30 minutes:
The fire-rated 30 minutes is a new cable standard that was established to ensure the safety of firefighters. The cables in use today are not up to the required safety standards and therefore, it has become essential to incorporate fire-resistant materials into their composition.
The newly introduced cables would have high durability and resistance owing to which they would be able withstand extreme heat without melting or getting damaged.
Fire Rated60 minutes:
The fire-rated 60 minutes is a cable protection system that ensures the safety of power and communication lines. It is mainly used in building construction for providing an extra level of protection to the buildings. The cables are installed in underground ducts inside and outside the building, which protects them from any type of fire breakouts.
Application Insights:
The power application segment led the global fire performance cables 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-power transmission lines in industrial applications, such as oil & gas refineries and chemical plants. In addition, growing urbanization along with industrial development in emerging economies such as India and China is expected to augment product demand over the next eight years.
Communication application segment accounted for 21% share of the overall revenue in 2017 owing to robustness requirements from electric utilities that operate heavy electrical equipment on high voltage networks across diverse climatic conditions without failure or damage occurrence.
Regional Analysis:
North America dominated the market in terms of revenue with a share of over 35.0% in 2017. This is attributed to the presence of major players such as Belden Inc., Columbia Fireproofing, and E-Flite Corporation that are engaged in offering high performance cables for use across various industries including power, oil & gas, aerospace and military.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rapid industrialization along with an increase in infrastructural development activities mainly undertaken by governments at both domestic and international levels which require high performance cables having adequate fire resistance properties.
Growth Factors:
- Increasing demand for fire performance cables in the construction industry as it offers safety and security against fire hazards
- Growing awareness about the benefits of using fire performance cables among consumers
- Rising demand for smart homes and buildings, which require advanced wiring systems that can handle high-temperature loads
- Proliferation of data centers and other electronic equipment that need reliable and safe power transmission systems
- Technological advancements that have led to the development of new types of fire performance cables
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Performance Cables Market Research Report
By Type
Fire Rated30 minutes, Fire Rated60 minutes, Fire Rated120 minutes
By Application
Power, Communication, Machinery
By Companies
ALMAS CABLE, Cables Britain, BATT Cables, RS Components, Draka, RR Kabel, Qing Cables, Reka Cables Ltd, AEI Cables, Cleveland Cable Company, ALMAS CABLE, Nexans, THORNE & DERRICK, FP Cables, MICC Ltd, Eland Cables
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Fire Performance Cables Market Report Segments:
The global Fire Performance Cables market is segmented on the basis of:
Types
Fire Rated30 minutes, Fire Rated60 minutes, Fire Rated120 minutes
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, Communication, Machinery
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:
- ALMAS CABLE
- Cables Britain
- BATT Cables
- RS Components
- Draka
- RR Kabel
- Qing Cables
- Reka Cables Ltd
- AEI Cables
- Cleveland Cable Company
- ALMAS CABLE
- Nexans
- THORNE & DERRICK
- FP Cables
- MICC Ltd
- Eland Cables
Highlights of The Fire Performance Cables 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:
- Fire Rated30 minutes
- Fire Rated60 minutes
- Fire Rated120 minutes
- By Application:
- Power
- Communication
- Machinery
- 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 Fire Performance Cables 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?
Fire Performance Cables are a type of electrical cable specifically designed to meet the high demands of firefighting and hazardous material (HazMat) applications. These cables are made from specially treated materials that resist heat and flame, making them ideal for use in areas where there is a potential for fire or explosion.
Some of the major players in the fire performance cables market are ALMAS CABLE, Cables Britain, BATT Cables, RS Components, Draka, RR Kabel, Qing Cables, Reka Cables Ltd, AEI Cables, Cleveland Cable Company, ALMAS CABLE, Nexans, THORNE & DERRICK, FP Cables, MICC Ltd, Eland Cables.
The fire performance cables 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 Fire Performance Cables 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 Fire Performance Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire Performance Cables 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 Fire Performance Cables 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 Fire Performance Cables Market Size & Forecast, 2018-2028
4.5.1 Fire Performance Cables Market Size and Y-o-Y Growth
4.5.2 Fire Performance Cables Market Absolute $ Opportunity
Chapter 5 Global Fire Performance Cables 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 Fire Performance Cables Market Size Forecast by Type
5.2.1 Fire Rated30 minutes
5.2.2 Fire Rated60 minutes
5.2.3 Fire Rated120 minutes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fire Performance Cables 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 Fire Performance Cables Market Size Forecast by Applications
6.2.1 Power
6.2.2 Communication
6.2.3 Machinery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire Performance Cables 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 Fire Performance Cables 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 Fire Performance Cables Analysis and Forecast
9.1 Introduction
9.2 North America Fire Performance Cables 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 Fire Performance Cables Market Size Forecast by Type
9.6.1 Fire Rated30 minutes
9.6.2 Fire Rated60 minutes
9.6.3 Fire Rated120 minutes
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 Fire Performance Cables Market Size Forecast by Applications
9.10.1 Power
9.10.2 Communication
9.10.3 Machinery
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 Fire Performance Cables Analysis and Forecast
10.1 Introduction
10.2 Europe Fire Performance Cables 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 Fire Performance Cables Market Size Forecast by Type
10.6.1 Fire Rated30 minutes
10.6.2 Fire Rated60 minutes
10.6.3 Fire Rated120 minutes
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 Fire Performance Cables Market Size Forecast by Applications
10.10.1 Power
10.10.2 Communication
10.10.3 Machinery
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 Fire Performance Cables Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fire Performance Cables 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 Fire Performance Cables Market Size Forecast by Type
11.6.1 Fire Rated30 minutes
11.6.2 Fire Rated60 minutes
11.6.3 Fire Rated120 minutes
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 Fire Performance Cables Market Size Forecast by Applications
11.10.1 Power
11.10.2 Communication
11.10.3 Machinery
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 Fire Performance Cables Analysis and Forecast
12.1 Introduction
12.2 Latin America Fire Performance Cables 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 Fire Performance Cables Market Size Forecast by Type
12.6.1 Fire Rated30 minutes
12.6.2 Fire Rated60 minutes
12.6.3 Fire Rated120 minutes
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 Fire Performance Cables Market Size Forecast by Applications
12.10.1 Power
12.10.2 Communication
12.10.3 Machinery
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) Fire Performance Cables Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fire Performance Cables 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) Fire Performance Cables Market Size Forecast by Type
13.6.1 Fire Rated30 minutes
13.6.2 Fire Rated60 minutes
13.6.3 Fire Rated120 minutes
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) Fire Performance Cables Market Size Forecast by Applications
13.10.1 Power
13.10.2 Communication
13.10.3 Machinery
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 Fire Performance Cables Market: Competitive Dashboard
14.2 Global Fire Performance Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALMAS CABLE
14.3.2 Cables Britain
14.3.3 BATT Cables
14.3.4 RS Components
14.3.5 Draka
14.3.6 RR Kabel
14.3.7 Qing Cables
14.3.8 Reka Cables Ltd
14.3.9 AEI Cables
14.3.10 Cleveland Cable Company
14.3.11 ALMAS CABLE
14.3.12 Nexans
14.3.13 THORNE & DERRICK
14.3.14 FP Cables
14.3.15 MICC Ltd
14.3.16 Eland Cables
