Market Overview:
The global plastic coated 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 plastic coated wires from various applications, such as security cables, display cables, guard rails, and other applications. PVC is the most commonly used type of plastic coating in the global market and is projected to grow at a CAGR of 5.8% during the forecast period.
Product Definition:
Wire that has a plastic coating over it to protect it from the elements.
PVC:
Polyvinyl Chloride (PVC) is a thermoplastic polymer, which can be extruded, molded or blow molded. It has high resistance to chemicals and degradation in comparison with other plastics. PVC was first manufactured by the vinyl chloride monomer process in the late 19th century. The growing demand for plastic products on account of its lightweight, durability & flexibility coupled with low cost factor is expected to drive market growth over the forecast period.
Polypropylene:
Polypropylene (PP) is a thermoplastic polymer. It is produced from propylene oxide, which is derived from crude oil. The global polypropylene market size was valued at USD 33 billion in 2015 and it’s expected to grow at a CAGR of XX% over the forecast period. Increasing demand for lightweight materials in automotive & aerospace industries has been driving the growth of PP industry globally.
Application Insights:
The display cables segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The increasing use of these products in electronic markets, consumer goods exhibitors, and LED lighting applications is expected to drive demand. PVC coated wires are used for electrical & electronics applications owing to their flexibility, low cost and high durability properties. These wires offer a flame retardant coating which makes them ideal for fire safety application such as cable ties & lanyards.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global GDP, which results in high economic growth. This has resulted in an increase in disposable income, thereby driving demand from display cables and security cables applications.
The growing middle-class population coupled with rising educational institutes across countries such as China and India are likely to drive product demand from display cables application over the next eight years. Furthermore, increasing foreign investments coupled with favorable government policies have contributed significantly toward industry development across countries such as Japan, Korea, Singapore and Taiwan; hence resulting into increased regional product consumption.
Growth Factors:
- Increasing demand from the automotive industry for wiring harnesses and other components
- Growing demand for plastic coated wire in the construction industry, as it is corrosion-resistant and can be used in a variety of applications, including electrical wiring, fencing, and signage
- Rising popularity of plastic-coated wire among consumers due to its low cost and durability
- Proliferation of new technologies that require wiring harnesses or cables with enhanced insulation properties
- Growing awareness about the benefits of using plastic-coated wire among consumers and businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Coated Wire Market Research Report
By Type
PVC, Polypropylene, Nylon
By Application
Security Cables, Display Cables, Guard Rails, Other
By Companies
Bekaert Corporation, MAR-MAC Industries, Inc., Oklahoma Steel & Wire Company, Inc., Tree Island Steel, Jacom Group, Evershine, Gavitt Wire & Cable Co., Inc., Loos & Co., Inc., Tecnofil, Betafence, Bekaert Corporation, Riverdale
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Coated Wire Market Report Segments:
The global Plastic Coated Wire market is segmented on the basis of:
Types
PVC, Polypropylene, Nylon
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
Security Cables, Display Cables, Guard Rails, Other
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:
- Bekaert Corporation
- MAR-MAC Industries, Inc.
- Oklahoma Steel & Wire Company, Inc.
- Tree Island Steel
- Jacom Group
- Evershine
- Gavitt Wire & Cable Co., Inc.
- Loos & Co., Inc.
- Tecnofil
- Betafence
- Bekaert Corporation
- Riverdale
Highlights of The Plastic Coated 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:
- PVC
- Polypropylene
- Nylon
- By Application:
- Security Cables
- Display Cables
- Guard Rails
- Other
- 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 Plastic Coated 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?
Plastic coated wire is a type of wire that has been treated with a plastic coating. This coating makes the wire more resistant to corrosion and makes it easier to handle.
Some of the major players in the plastic coated wire market are Bekaert Corporation, MAR-MAC Industries, Inc., Oklahoma Steel & Wire Company, Inc., Tree Island Steel, Jacom Group, Evershine, Gavitt Wire & Cable Co., Inc., Loos & Co., Inc., Tecnofil, Betafence, Bekaert Corporation, Riverdale.
The plastic coated 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 Plastic Coated 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 Plastic Coated Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plastic Coated 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 Plastic Coated 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 Plastic Coated Wire Market Size & Forecast, 2018-2028
4.5.1 Plastic Coated Wire Market Size and Y-o-Y Growth
4.5.2 Plastic Coated Wire Market Absolute $ Opportunity
Chapter 5 Global Plastic Coated 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 Plastic Coated Wire Market Size Forecast by Type
5.2.1 PVC
5.2.2 Polypropylene
5.2.3 Nylon
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic Coated 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 Plastic Coated Wire Market Size Forecast by Applications
6.2.1 Security Cables
6.2.2 Display Cables
6.2.3 Guard Rails
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic Coated 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 Plastic Coated 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 Plastic Coated Wire Analysis and Forecast
9.1 Introduction
9.2 North America Plastic Coated 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 Plastic Coated Wire Market Size Forecast by Type
9.6.1 PVC
9.6.2 Polypropylene
9.6.3 Nylon
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 Plastic Coated Wire Market Size Forecast by Applications
9.10.1 Security Cables
9.10.2 Display Cables
9.10.3 Guard Rails
9.10.4 Other
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 Plastic Coated Wire Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic Coated 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 Plastic Coated Wire Market Size Forecast by Type
10.6.1 PVC
10.6.2 Polypropylene
10.6.3 Nylon
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 Plastic Coated Wire Market Size Forecast by Applications
10.10.1 Security Cables
10.10.2 Display Cables
10.10.3 Guard Rails
10.10.4 Other
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 Plastic Coated Wire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic Coated 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 Plastic Coated Wire Market Size Forecast by Type
11.6.1 PVC
11.6.2 Polypropylene
11.6.3 Nylon
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 Plastic Coated Wire Market Size Forecast by Applications
11.10.1 Security Cables
11.10.2 Display Cables
11.10.3 Guard Rails
11.10.4 Other
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 Plastic Coated Wire Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic Coated 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 Plastic Coated Wire Market Size Forecast by Type
12.6.1 PVC
12.6.2 Polypropylene
12.6.3 Nylon
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 Plastic Coated Wire Market Size Forecast by Applications
12.10.1 Security Cables
12.10.2 Display Cables
12.10.3 Guard Rails
12.10.4 Other
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) Plastic Coated Wire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic Coated 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) Plastic Coated Wire Market Size Forecast by Type
13.6.1 PVC
13.6.2 Polypropylene
13.6.3 Nylon
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) Plastic Coated Wire Market Size Forecast by Applications
13.10.1 Security Cables
13.10.2 Display Cables
13.10.3 Guard Rails
13.10.4 Other
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 Plastic Coated Wire Market: Competitive Dashboard
14.2 Global Plastic Coated Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bekaert Corporation
14.3.2 MAR-MAC Industries, Inc.
14.3.3 Oklahoma Steel & Wire Company, Inc.
14.3.4 Tree Island Steel
14.3.5 Jacom Group
14.3.6 Evershine
14.3.7 Gavitt Wire & Cable Co., Inc.
14.3.8 Loos & Co., Inc.
14.3.9 Tecnofil
14.3.10 Betafence
14.3.11 Bekaert Corporation
14.3.12 Riverdale
