Global Low Smoke Halogen-Free Cable Materials Market Size By Insulation Material (Polyethylene, Thermoplastic Polyurethane, Polypropylene), By Application (Aircraft, Ships, Rail Cars), By Geographic Scope And Forecast

Low Smoke Halogen-Free Cable Materials Market Size And Forecast

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Low Smoke Halogen-Free Cable Materials Market size was valued at USD 1976.86 Million in 2020 and is projected to reach USD 4249.07 Million by 2028, growing at a CAGR of 10.09% from 2021 to 2028.

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Rising safety concerns regarding fire, the growing need for flame retardant plastics in the construction electrical & electronics, automotive industries are fueling the market expansion. The rising government regulations regarding fire safety concerns have been driving the Global Low Smoke Halogen-Free Cable Materials Market. The Global Low Smoke Halogen-Free Cable Materials Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

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Global Low Smoke Halogen-Free Cable Materials Market Definition

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Low smoke halogen-free, also known as low smoke zero halogens (LSZH) is a type of plastic material classification used in the wire and cable industry for cable jacketing. When exposed to fire, LSZH cable jacketing is made of thermoplastic or thermoset compounds that emit minimal smoke and no halogen. These cables produce less thick smoke and nearly no highly toxic gases called halogens than standard materials like polyvinyl chloride (PVC) and fluorinated ethylene propylene (FEP).

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Low-smoke, halogen-free cable cables are utilized in a variety of indoor applications, including public areas, poorly ventilated areas, and other potentially hazardous environments. Cars, railway carriages, aircraft, and ships all use LSZH sheathed cables. Sheathed cables with an LSZH sheath are also used in tunnels and underground rail networks. The Low Smoke Halogen-Free Cable Materials Market is growing owing to enhanced usage in industries such as automotive, industrial, construction, and electrical & electronics.

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Low smoke without halogen link is used in applications where low-smoke age, low harmfulness, and low destructiveness are required, such as mechanical, shipboard, quick travel, and business fields, where hardware and human security are of utmost importance. LSZH is commonly used in areas with poor ventilation, such as plenums, airplanes, rail cars, and tunnels, where smoke is likely to accumulate and come into contact with people. Low-smoke zero-halogen material is becoming increasingly popular, and it may be required when people and equipment’s safety is at risk.

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Global Low Smoke Halogen-Free Cable Materials Market Overview

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Rising safety concerns regarding fire, the growing need for flame retardant plastics in the construction electrical & electronics, automotive industries are fueling the market expansion. Low smoke zero halogen cable considerably decreases the amount of toxic and corrosive gas emitted during combustion. When burned, a low-smoke zero-halogen cable produces a less optically dense smoke that releases at a lower rate. During a fire, a low-smoke cable is desirable because it minimizes the amount and density of the smoke, which makes exiting a space easier for occupants as well as increases the safety of firefighting operations.

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Aircraft, rail carriages, tanks, subsea and offshore equipment, submarines, and ships are all examples of places where this type of material is commonly used. It is also used in the rail industry, wherever high voltage or track signal wires must be run into and through tunnel systems. Rising government regulations regarding fire safety concerns have been driving the Global Low Smoke Halogen-Free Cable Materials Market. For instance, The European government witnessed a massive growth in the construction industry. To continue with this, the European Union (EU) has created the Construction Product Regulation (CPR). The regulation proposed by the EU is laid to control the limits of dangerous substances in materials that are used during construction.

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This regulation is applied to all products which are to be fixed permanently in the construction. In respect to cables, the regulation applies to telecommunication, power, and control cables. Moreover, now, it has become a mandate for all the installed cables to comply with the CPR regulation. However, high initial investment costs and raw material costs might restrain the overall growth of the Low Smoke Halogen-Free Cable Materials Market at a global level. Furthermore, the rapid pace of industrialization and urbanization in developing economies of the Asia Pacific region has lucrative growth opportunities for the market of low smoke halogen-free cable materials.

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Global Low Smoke Halogen-Free Cable Materials Market: Segmentation Analysis

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The Global Low Smoke Halogen-Free Cable Materials Market is Segmented on the basis of Insulation Material, Application, And Geography.

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Low Smoke Halogen-Free Cable Materials Market, By Insulation Material

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• Polyethylene
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• Thermoplastic Polyurethane
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• Polypropylene
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• Others

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Based on Insulation Material, The market is segmented into Polyethylene, Thermoplastic Polyurethane, Polypropylene, and Others. Polypropylene (PP) is a low-smoke, halogen-free flame retardant polymer, that has strong fire resistance. Owing to halogen-free flame retardant polypropylene containing environment-friendly materials, its demand in the construction industry is extremely high.

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Low Smoke Halogen-Free Cable Materials Market, By Application

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• Aircraft
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• Ships
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• Rail Cars
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• Others

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Based on Application, The market is segmented into Aircraft, Ships, Rail Cars, and Others. Halogen-free cable is utilized in applications that need low-smoke generation, low-toxicity, and low-corrosiveness insulation. Industrial, shipboard, rapid transit, and commercial areas are examples of industries where equipment and human safety are top priorities. To protect wiring, halogen-free cabling is used, which reduces the amount of toxic gas emitted when the cable comes into touch with the heat.

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Low Smoke Halogen-Free Cable Materials Market, By Geography

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• North America
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• Europe
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• Asia Pacific
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• Rest of the world

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On the basis of Geography, The Global Low Smoke Halogen-Free Cable Materials Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Europe leads the market for low-smoke, halogen-free cable, followed by North America. However, owing to the construction industry’s expansion, Asia Pacific is expected to increase significantly during forecasted years. In Europe, the cable industry is also steadily increasing, allowing it to adapt to the constant disruption. Furthermore, the area is seeing considerable infrastructural and innovation investments. Major cable manufacturers, such as Prysmian and Nexans, are also based in Europe. The LSHF ecosystem now has a prominent growth scenario.

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Key Players

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The “Global Low Smoke Halogen-Free Cable Materials Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Alpha Gary, DuPont, The Dow Chemicals, Hitachi-Cable Ltd., Jiangsu Dewei Advanced Materials Co., Ltd., BASF SE, Fujikura Ltd., SUMITOMO, Bayer AG, ECC, Borealis AG, ExxonMobil Corp., Shell Chemicals, Dewei Advanced Materials, CGN-DELTA Advanced Nuclear Materials, Shanghai Kaibo, Yadong Special Cable Material, Mexichem Specialty Compounds, E. I. Du Pont De Nemours and Company and Zhonglian Photoelectric.

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Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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Key Developments

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• In August 2020: Borealis has acquired a controlling stake in DYM Solution Co. Ltd., a South Korean compounder. Borealis’ position as a top choice for global wire and cable customers has been strengthened by the acquisition. Borealis extends its global wire & cable asset footprint and broadens its extensive and sophisticated portfolio with complementary semi-conductive, flame retardant, rubber, and silane cross-linkable compound products and technologies as a result of this investment.

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