Global polymeric material usage in the insulation and jacketing of cables is forecast solid if not spectacular growth over the medium term, although a multiplicity of trends are at work driving quite different prospects by geography, material and cable end-use.
This is the key finding of the new report published by AMI Consulting, “Polymeric materials in the Global Cable Industry 2019.”
Evolving regulations, greater concerns and differing interpretations over cable safety, the development of telecommunication networks and investment in renewable energy are just some of the factors driving change. All the while in the background, globalisation, economic and political developments also continue to influence the market.
The report identifies the tonnage of polymeric materials used in cable extrusion by geography, compound and end-use application and provides growth forecasts for the medium term. Global growth of in excess of 4% per annum is expected to 2023. It also identifies the top 10 extruders by region in terms of polymeric material consumption, in addition to the top 5 in key countries.
Read the full press release here: Polymeric Materials in the Global Cable Industry 2019 PRESS RELEASE