Global Wire & Cable Compounds Market 2023 Industry Growth Rate, Future Dynamics, Top Major Key Players And Forecast To 2032 | DuPont de Nemours Inc., Solvay S.A., Evonik Industries AG, Borouge, Avient Corporation.

The Wire & Cable Compounds Global Market Report 2023 by The Business Research Company, provides wire and cable compounds market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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In accordance with The Business Research Company’s authoritative report on the global Wire & Cable Compounds market for the year 2023, the sector has witnessed a substantial expansion, escalating from a valuation of $11.32 billion in 2022 to a noteworthy $12.58 billion in 2023. This impressive surge reflects a commendable compound annual growth rate (CAGR) of 11.1%, indicative of the market’s robust trajectory.

It is imperative to recognize the contextual backdrop against which this growth transpired. The lamentable Russia-Ukraine conflict has cast a shadow over the global economic recovery following the tumultuous aftermath of the COVID-19 pandemic, particularly in the immediate term. The ramifications of this geopolitical turmoil have manifested in the form of widespread economic sanctions, soaring commodity prices, and pervasive disruptions within the global supply chain. Consequently, these multifaceted consequences have engendered inflationary pressures across a spectrum of goods and services, reverberating through diverse markets on a global scale.

Projections for the global wire & cable compounds market foretell a continuous ascent, reaching an estimated valuation of $18.65 billion in 2027, further emphasizing a sustained upward trajectory with a CAGR of 10.4%.

The growing construction sector is expected to propel the growth of the wire & cable compounds market going forward. The construction sector refers to the sector of industry and trade that deals with creating, maintaining, and repairing infrastructures. Wire and cable compounds are used in the construction sector to provide wires with a high level of insulation and to stop moisture from getting inside power transmission or telecommunication cables.

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The wire and cable compounds market is segmented:
1) By Type: Halogenated Polymers, Non-Halogenated Polymers
2) By Function: Insulation, Sheathing
3) By End-Use Industry: Construction Wind Energy, Power, Communication, Automotive, Other End Use Industries

Top 5 Major Players:

• DuPont de Nemours Inc
• Solvay S.A
• Evonik Industries AG
• Borouge
• Avient Corporation

…..

26. Africa Wire & Cable Compound Market
27. Wire & Cable Compound Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wire & Cable Compound Market
29. Wire & Cable Compound Market Future Outlook and Potential Analysis
30. Appendix

List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Wire & Cable Compound Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Wire & Cable Compound Market, Segmentation By Function, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Wire & Cable Compound Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

….

Table 46: DuPont de Nemours Inc. Financial Performance
Table 47: Solvay S.A. Financial Performance
Table 48: Evonik Industries AG Financial Performance
Table 49: Borouge Financial Performance
Table 50: Avient Corporation Financial Performance

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