Sep 3, 2020   SOURCE: BusinessWire

Insights on the Wire Compound and Cable Compound Global Market to 2027 - Featuring Melos, Otech & Plasgom Among Others - ResearchAndMarkets.com

The "Wire Compound and Cable Compound - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 7th edition of this report. The 281-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Wire Compound and Cable Compound Market to Reach $19.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Wire Compound and Cable Compound estimated at US$12.7 Billion in the year 2020, is projected to reach a revised size of US$19.7 Billion by 2027, growing at a CAGR of 6.5% over the period 2020-2027.

Halogenated Polymers, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$7.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Halogenated Polymers segment is readjusted to a revised 7.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.4 Billion, While China is Forecast to Grow at 9.7% CAGR

The Wire Compound and Cable Compound market in the U.S. is estimated at US$3.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2027 trailing a CAGR of 9.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 5.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Competitors identified in this market include, among others:

  • Abu Dhabi Polymers Co., Ltd. - Borouge
  • Aum Udyog
  • DowDuPont, Inc.
  • Eastman Chemical Company
  • Electric Cable Compounds Inc.
  • Evonik Industries AG
  • Exxon Mobil Corporation
  • General Cable Technologies Corporation
  • Hanwha Chemical Corporation
  • Melos GmbH
  • Mexichem Specialty Compounds Inc.
  • Newgen Specialty Plastics Ltd.
  • Nuc Corporation
  • Otech Corporation
  • Plasgom SA
  • PolyOne Corporation
  • SCG Chemicals Co., Ltd.
  • Shakun Polymers Limited
  • Solvay SA
  • Sonneborn LLC
  • Techno Vinyl Polymers India Ltd.
  • Teknor Apex Company
  • Trelleborg AB
  • Web Industries, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Wire Compound and Cable Compound Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/gwta41