The company has a group of cooperation teams engaged in the Polyethylene Sheath Compound industry for many years, with dedication, innovation spirit and service awareness, and has established a sound quality control and management system to ensure product quality.
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The market for wire and cable compound is expected to grow at a CAGR of more than 5% globally during the forecast period. Wire and cable compound provide high quality insulation, jacket to conducting materials, offers high durability, excellent chemical and corrosion resistance and high mechanical stability, flexibility and abrasion resistance to the cable and wire. The growing product application in the construction and power sector has been driving the market growth.
However, the health hazard related to wire and cable compound like the release of acetophenone from polyolefin insulation can cause irritation in the respiratory system are anticipated to pose a challenge in the growth of the wire and cable compounds market during the forecast period.
The technical advancement in low fire hazard vinyl and teflon wire and cable compound offer great opportunities for the wire and cable compound market over the next five years.
Asia-Pacific region dominates the market, owing to growing application of wire and cable compound in power and construction industry, which augment the demand for wire and cable compound.
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