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Insulated Cable and Wire

Global demand for insulated cable and wire is forecast to expand 5.1% p.a. between 2016 and 2020. Currently, co-axial cable and other co-axial electric conductors account for 7.9% of the global demand while the remaining market share is divided between other electric conductors (less than 80 volts) (43.1%), other electric conductors (80-1000 volts) (28.8%), other electric conductors (over 1000 volts) (6.7%), insulated winding wire of copper (5.7%), other insulated winding wire (1.3%) and optical fibres and cables (6.5%).

China, Cyprus, Japan, Sri Lanka and the United States are considered the highest potential markets in the coming years. China, Germany, Japan, South Korea  and the United States represent the largest insulated cable and wire markets while the strongest annual growth is forecast to occur in Cyprus (18.0%), Sri Lanka (9.2%), Philippines (8.7%), the United States (8.4%) and China (6.6%).

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