Cables and wires play a crucial role in the functionality of any infrastructure-based project that might comprise of either residential, commercial, or industrial buildings. These wire and cable products are used for powering various equipment and electrically operated devices, telecommunication applications that support audio, video, as well as data transmission capabilities. In the times, of wireless communications and connection, cables and cable components have an important role to play at the backend for establishing a strong and reliable connection. The cable products comprise of copper conductors, optical fibers enveloped in a protective sheath. The outer protective sheath of the wire largely depends upon the application of the wire to be put to use. If the wire needs to be laid down at locations that are subject to extreme environmental conditions, an additional protective layer of polymeric material is used that offers strength, durability, and reliability to the finished cable product. For a large number of years, these cables have incorporated additives, resins, and other halogenated products that pose a severe risk to human lives in case of occurrence of any fire incidence. Further, various halogenated ingredients which include brominated compounds are usually added for enhancing the fire retardant properties of the cables. Polymeric materials used in cable insulation include Fluorinated Ethylene Propylene (FEP), Polyvinyl Chloride (PVC), and Chlorinated Polyethylene. These materials are large potential sources of halogen.
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The report also focuses on leading industry players with information such as products and services offered, financial information of last 3 years, key development in past five years. Some of the key players included in the global low smoke halogen free cable market are BASF SE, Borealis AG, DowDuPont Inc., Fujikura Ltd., Hitachi Ltd., Nexans SA, Prysmian Group, Mexichem Specialty Compounds, Shanghai Kaibo Compounds Factory Co., Ltd., and Sumitomo Electric Lightwave Corp among others.
The polymeric materials used earlier for enhancing the flame retardant capabilities of the cable, conversely pose severe risks of catching instantaneous fires in case of a fire break-out. These added materials emit smoke which, when exposed to fire, becomes highly toxic and corrosive. The halogens released on exposure to fire tend to react with hydrogen and form hydrogen halide. Further, when these hydrogen halides mix with water, they give rise to the formation of toxic acids that can lead to catastrophic damages of the entire cable infrastructures. Cables that contain halogenated materials are also responsible for the formation of Carbon Monoxide (CO) gas during combustion that further enhances the risk. The use of LSHF cables eliminates such risks and provide increased security to the surroundings from any catastrophic damage. These LSHF cables are particularly effective in the crowded and confined spaces where the risk of toxicity and corrosion generated from the smoke is fairly high. The extent of potential damages caused by the use of traditional polymeric cables and the growing demands for enhanced safety in the confined spaces is anticipated to contribute to the steady growth of low smoke halogen free cable market in the coming years.
The market players present in low smoke halogen free cable market are mainly focusing on the product enhancements by implementation of advanced technologies. The large firms are adopting the strategy of acquisition and collaboration with the various companies for enhancing its capabilities and expanding its footprint in various geographies. This type of strategy allows the companies for strengthening its footprint in the market. Also, key market players influencing the market are profiled in the study along with their SWOT analysis and market strategies.
The report segments the global low smoke halogen free cable market as follows:
Global Low Smoke Halogen Free Cable Market – By Insulation Material
- Thermoplastic polyurethane
Global Low Smoke Halogen Free Cable Market – By Type
Global Low Smoke Halogen Free Cable Market – By Application
- Rail Cars
Global Low Smoke Halogen Free Cable Market – By Geography
- North America
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