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Mineral fireproof cable

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Mineral fireproof cable

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Mineral fireproof cable

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Relevant information

From 2018 to 25, the annual compound growth rate of global silicone rubber power cables will reach 2.3%
[Cable Network News] According to the current situation and forecast of the global silicone rubber power cable market released by Market Expertz, the global silicone rubber power cable market size in 2017 reached 890 million US dollars, and it is expected that by 2025, this data will increase to 1.07 billion US dollars, during the period The compound annual growth rate is 2.3%. According to the report, silicone rubber power cables are generally used for transmission and distribution of 1-36KV voltage circuits. The working temperature of the silicone rubber wire conductor is -80~180℃, which has high heat resistance and excellent cold resistance. The performance remains relatively stable even with changes in temperature and frequency. It also has excellent electrical insulating properties, corona resistance, and arc resistance, even after several years of outdoor exposure. In addition, it also has low water absorption and good mildew resistance, good thermal conductivity, especially soft and easy to install, tasteless, tasteless, non-toxic, and has no adverse effects on human health. From the perspective of industry structure, the silicone rubber power cable industry is highly fragmented. Various manufacturers from large multinational corporations to small private companies compete in this industry. The top ten producers accounted for approximately 34.58% of the revenue market. From the known actual data, in 2015, China accounted for 35.89% of the production market. Followed by the United States and Europe, accounting for 21.25% and 20.05% of the global total industry respectively. Production in other countries is relatively small. Geographically, China is the largest consumer market in the world, followed by Europe and the United States. It is predicted that the global silicone rubber power cable revenue will continue to grow, with an annual growth rate of 1~3%, with a slightly higher growth rate in Europe and China. Taking into account the current demand for silicone rubber power cables, the report believes that the industry still has a bright future. As for product prices, the slow downward trend of recent years will continue in the coming years as competition intensifies. Likewise, gross margins will fluctuate. From the perspective of manufacturers, Prysmian (including the acquired General Cable), Nexans, Sumitomo Electric, LS Cable, Furukawa Electric, Southern Cable, Fujikura Cable, Far East Smart Energy, LEONI Cable, Hitachi Cable, Shangshang Cable, etc. will become the industry-leading manufacturer of silicone rubber cables.
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