Market Overview:
The global halogen free electrical wire 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 halogen-free cables in public buildings, railway vehicles, and other applications. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
Halogen-free wire is a type of electrical wiring that does not contain any halogens. Halogens are a group of elements that include fluorine, chlorine, bromine, and iodine. They are often used in electrical equipment because they have a high flame point and can resist corrosion. However, they can also be toxic and flammable. Halogen-free wire is safer to use in environments where there is a risk of fire or explosion.
Single-Core Cable:
Single-core cable is a type of electrical wire used in halogen-free power distribution. It has one main conductor and a smaller shield as an outer coating. The smaller the core, the better conductivity & higher tensile strength it offers.
The single core cable market is expected to grow at a significant rate owing to its increasing application in HVAC systems, industrial automation systems, medical equipment & surgical instruments manufacturing industries among others.
Multi-Core Cable:
Multi-core cable is a special type of electrical wire used in halogen-free power distribution systems. It consists of several insulated layers, the outer layer which is made up of braided or spiral cotton covered with polyethylene or polypropylene insulation, followed by an inner copper wire lain in a concentric manner. The whole structure is coated with asphalt and the whole thing wrapped up into a protective plastic sheath.
Application Insights:
The railway vehicles application segment accounted for the largest revenue share of over 40% in 2017. Halogen-free electrical wire is used in railways to avoid short-circuit and fire hazards as trains travel at high speeds of up to 250 km/h. The use of halogen-free products helps prevent the occurrence of such incidents due to its properties, such as low conductivity and flexibility, which help in preventing electric shorts on trains.
Halogen free products are widely used across public buildings applications owing to their properties, such as flame resistance and insulation strength. These wires have a higher tensile strength than regular steel wires making them ideal for use in building structures where high pullout forces are experienced frequently during maintenance operations or when a structure is under construction.
Regional Analysis:
North America was the second-largest regional market in 2017. The U.S., being a developed economy, has adopted the latest technologies early on, thereby making it an early adopter of halogen free products. Moreover, stringent government regulations for controlling greenhouse emissions are expected to drive demand over the forecast period.
Asia Pacific is projected to be one of the fastest-growing markets owing to rapid urbanization and industrialization in countries such as China and India along with Japan over the forecast period. In addition, rising awareness regarding environment protection coupled with increasing spending power is anticipated to fuel demand growth during the forecast years from 2018 to 2030 (calendar year). Halogenated flame retardancy has been proved beneficial in numerous applications including railway vehicles and public buildings due to its ability of preventing fire accidents as well as providing safety against radiation caused by nuclear accident or terrorist attacks (dirty bomb).
Growth Factors:
- Increasing demand from the automotive industry for halogen-free wire to meet regulatory requirements
- Rising demand for energy-efficient lighting, which is driving the use of LED lighting and other low-power devices that require halogen-free wire
- Growth in the construction and infrastructure sectors, as countries around the world invest in new airports, hospitals, schools, and other facilities
- Proliferation of smart homes and buildings, which are using more advanced wiring systems that require halogen-free wire
- Increased awareness among consumers about the health and environmental benefits of using products made with halogen-free wire
Scope Of The Report
Report Attributes
Report Details
Report Title
Halogen Free Electrical Wire Market Research Report
By Type
Single-Core Cable, Multi-Core Cable
By Application
Public Buildings, Railway Vehicles, Others
By Companies
Asia Pacific Wire & Cable Corp Ltd., SAB Cable, Prysmian Group, Nexans, Sumitomo Electric, LS Cable Group, GeneralCable, Furukawa Electric, Southwire, Fujikura, Walsin, Far East Holding, Hitachi Cable, Tesla Cables Ltd
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 Halogen Free Electrical Wire Market Report Segments:
The global Halogen Free Electrical Wire market is segmented on the basis of:
Types
Single-Core Cable, Multi-Core Cable
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
Public Buildings, Railway Vehicles, 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:
- Asia Pacific Wire & Cable Corp Ltd.
- SAB Cable
- Prysmian Group
- Nexans
- Sumitomo Electric
- LS Cable Group
- GeneralCable
- Furukawa Electric
- Southwire
- Fujikura
- Walsin
- Far East Holding
- Hitachi Cable
- Tesla Cables Ltd
Highlights of The Halogen Free Electrical Wire 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:
- Single-Core Cable
- Multi-Core Cable
- By Application:
- Public Buildings
- Railway Vehicles
- 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 Halogen Free Electrical Wire 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?
Halogen free electrical wire is a type of electrical wire that does not contain any halogens. Halogen free electrical wire is typically used in applications where the use of halogens could create environmental or safety hazards.
Some of the major players in the halogen free electrical wire market are Asia Pacific Wire & Cable Corp Ltd., SAB Cable, Prysmian Group, Nexans, Sumitomo Electric, LS Cable Group, GeneralCable, Furukawa Electric, Southwire, Fujikura, Walsin, Far East Holding, Hitachi Cable, Tesla Cables Ltd.
The halogen free electrical wire 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 Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Halogen Free Electrical Wire 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 Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Market Size & Forecast, 2018-2028
4.5.1 Halogen Free Electrical Wire Market Size and Y-o-Y Growth
4.5.2 Halogen Free Electrical Wire Market Absolute $ Opportunity
Chapter 5 Global Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Market Size Forecast by Type
5.2.1 Single-Core Cable
5.2.2 Multi-Core Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Market Size Forecast by Applications
6.2.1 Public Buildings
6.2.2 Railway Vehicles
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Halogen Free Electrical Wire 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 Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Analysis and Forecast
9.1 Introduction
9.2 North America Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Market Size Forecast by Type
9.6.1 Single-Core Cable
9.6.2 Multi-Core Cable
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 Halogen Free Electrical Wire Market Size Forecast by Applications
9.10.1 Public Buildings
9.10.2 Railway Vehicles
9.10.3 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 Halogen Free Electrical Wire Analysis and Forecast
10.1 Introduction
10.2 Europe Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Market Size Forecast by Type
10.6.1 Single-Core Cable
10.6.2 Multi-Core Cable
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 Halogen Free Electrical Wire Market Size Forecast by Applications
10.10.1 Public Buildings
10.10.2 Railway Vehicles
10.10.3 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 Halogen Free Electrical Wire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Market Size Forecast by Type
11.6.1 Single-Core Cable
11.6.2 Multi-Core Cable
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 Halogen Free Electrical Wire Market Size Forecast by Applications
11.10.1 Public Buildings
11.10.2 Railway Vehicles
11.10.3 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 Halogen Free Electrical Wire Analysis and Forecast
12.1 Introduction
12.2 Latin America Halogen Free Electrical Wire 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 Halogen Free Electrical Wire Market Size Forecast by Type
12.6.1 Single-Core Cable
12.6.2 Multi-Core Cable
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 Halogen Free Electrical Wire Market Size Forecast by Applications
12.10.1 Public Buildings
12.10.2 Railway Vehicles
12.10.3 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) Halogen Free Electrical Wire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Halogen Free Electrical Wire 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) Halogen Free Electrical Wire Market Size Forecast by Type
13.6.1 Single-Core Cable
13.6.2 Multi-Core Cable
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) Halogen Free Electrical Wire Market Size Forecast by Applications
13.10.1 Public Buildings
13.10.2 Railway Vehicles
13.10.3 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 Halogen Free Electrical Wire Market: Competitive Dashboard
14.2 Global Halogen Free Electrical Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asia Pacific Wire & Cable Corp Ltd.
14.3.2 SAB Cable
14.3.3 Prysmian Group
14.3.4 Nexans
14.3.5 Sumitomo Electric
14.3.6 LS Cable Group
14.3.7 GeneralCable
14.3.8 Furukawa Electric
14.3.9 Southwire
14.3.10 Fujikura
14.3.11 Walsin
14.3.12 Far East Holding
14.3.13 Hitachi Cable
14.3.14 Tesla Cables Ltd
