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Power Cable Insulation And Sheath Income Will Reach 229 Billion Yuan 2017 In The Global

Jul 22, 2017


  The international market research structure published the cable insulation and sheath material report, the report shows 2017 global power cable insulation and sheath market income will reach 339.392 billion US dollars (about 22.91 billion yuan), in 2022 it will increase to 35.9 billion USD, the annual compound rate is about 1.13%.

  The report shows that the development of power and communications  installation drives the growth of demand for power cables andcommunications cables, which is the main reason for the steady growth of wire and cable insulation and sheathing materials.

  From the material point of view, the power cable insulation sheath material mainly includes PVC, polyolefin, polyamide, fluoropolymers, etc, which PVC is expected to become the largest market share of cable insulation and sheathing materials.

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