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According to the new research report published by The Insight Partners, titled “Global Low Smoke Halogen Free Cable Market to 2027 – Analysis and Forecast by Type (Screened and Non-Screened); Jacket Type (Thermoplastic and Thermoset); Insulation Material (Polypropylene, Polyethylene, Thermoplastic Polyurethane, and Others); Application (Building & Construction, Rail Cars, Ship, Aircraft, and Others); and Geography,” the market was valued at US$ 1,898.7 million in 2019 and is projected to reach US$ 3,945.1 million by 2027; it is expected to grow at a CAGR of 10.1% from 2019 to 2027.

Cables and wires play a crucial role in the functionality of any infrastructure-based project that might comprise 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, and data transmission capabilities. 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 product comprises copper conductors, optical fibers enveloped in a protective sheath.

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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 long time, 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.

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.

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Risks associated with traditional halogenated cables in buildings prone to fire hazards to contribute in the low smoke halogen free cable market growth

The polymeric materials used earlier for enhancing the flame retardant capabilities of the cable 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. Replacement of these cables with low smoke halogen free cables has been on high demand in the recent times.

Stringent fire regulations laid worldwide to drive the overall growth of low smoke halogen free cable market

Majority of the advanced and developing economies have laid down stringent fire regulations regarding the construction of new buildings in order to ensure safety for occupants. Governments of the countries such as the US, Australia, Canada, Mexico, the UK, Germany, Spain, Italy, and India have laid down stringent regulations. The regulations across the globe are anticipated to have a positive impact on the growth of the low smoke halogen free cable market.

Low Smoke Halogen Free Cable Market: Competitive Landscape and Key Developments

BASF SE, Borealis AG, DowDuPont Inc., Fujikura Ltd., Hitachi Ltd., Nexans SA, Prysmian Group, Orbia (Mexichem Specialty Compounds), Shanghai Kaibo Compounds Factory Co., Ltd., and Sumitomo Electric Lightwave Corp are among the key players in the global Low Smoke Halogen Free Cable market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

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2019: BASF unveiled its plan to construct new thermoplastic polyurethanes and engineering plastics plants in Zhanjiang, China. The company is expected to invest US$ 10 billion in this project in order to contribute to the global manufacturing capacity for engineering plastics and TPU.

2019: Borealis and ADNOC has signed aMoU to search for opportunities in polyolefin industry. Both the company’s projects to grow the business of Borouge. It is a joint venture formed between ADNOC and Borealis.

2019: Mexichem Specialty Compounds has established a new production line at its production facility in Melton Mowbray. Through this expansion, the production capacity would be increased by extra 10,000 tonnes annually. This additional production is directed to address their clientele demand for low smoke halogen free compounds.

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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