PUBLISHER: The Business Research Company | PRODUCT CODE: 1667730
PUBLISHER: The Business Research Company | PRODUCT CODE: 1667730
Flame-resistant cables are advanced fireproof cables designed to perform effectively in extreme fire breakout scenarios. These cables are specifically engineered to carry electrical energy under severe conditions during a fire, ensuring a reliable power supply to critical emergency equipment such as signaling devices, smoke extractors, acoustic sirens, water pumps, and more.
The primary types of insulation materials for flame-resistant cables include ethylene propylene rubber-insulated (EPR), low smoke zero halogen (LSZH), polyvinyl chloride (PVC), cross-linked polyethylene (XLPE), and others. Ethylene propylene rubber-insulated (EPR) serves as a versatile insulation material utilized across a wide range of voltages and applications. These applications span low, medium, and transmission voltages, covering control and equipment wiring, cables, extraction cables, and cable accessories. The voltage categories include 15kV, 16-30kV, and >30kV, with applications in various industries such as automotive and transportation, building and construction, energy, manufacturing, and more.
The fire-resistant cable market research report is one of a series of new reports from The Business Research Company that provides fire-resistant cable market statistics, including fire-resistant cable industry global market size, regional shares, competitors with a fire-resistant cable market share, detailed fire-resistant cable market segments, market trends and opportunities, and any further data you may need to thrive in the fire-resistant cable industry. This fire-resistant cable market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The fire-resistant cable market size has grown steadily in recent years. It will grow from$1.98 billion in 2024 to $2.06 billion in 2025 at a compound annual growth rate (CAGR) of 4.0%. The growth in the historic period can be attributed to urbanization and infrastructure growth, industry-specific demand, awareness and education, environmental impact and sustainability, economic conditions and market growth
The fire-resistant cable market size is expected to see steady growth in the next few years. It will grow to $2.48 billion in 2029 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to incidence of fire accidents, environmental concerns & sustainable solutions, rising awareness of fire hazards, industry-specific applications, infrastructure development & urbanization. Major trends in the forecast period include stringent safety regulations, advance safety solution, rising awareness of fire safety, expanding industrial applications, technological advancement.
The rising levels of electricity generation are expected to significantly drive the growth of the fire-resistant cable market in the future. Electricity generation refers to the process of producing electricity from primary power sources. This increase in electricity generation positively impacts the fire-resistant cable market, as these cables are specifically designed to transmit electrical energy even under extreme conditions that may arise during a fire. They ensure that power remains available for emergency devices such as signaling systems, air extractors, sound alarms, water pumps, and more. For instance, in January 2024, reports from the International Energy Agency, a France-based intergovernmental organization, indicated that global electricity demand is anticipated to grow at an accelerated rate over the next three years, with an average annual growth rate of 3.4% expected through 2026. Therefore, the growth in electricity generation is propelling the fire-resistant cable market forward.
The surge in demand from the building and construction sector is anticipated to drive the growth of the fire-resistant cable market in the future. The building and construction sector encompasses the industry involved in the planning, design, construction, and management of buildings and infrastructure. Fire-resistant cables find extensive use in critical areas of buildings, such as emergency exits, stairwells, and fire alarm systems, where maintaining functionality during a fire is crucial for evacuation and firefighting efforts. As an example, data from the UK-based government department, the Office for National Statistics, reported a 5.6% increase in total annual construction output in 2022 compared to 2021. Consequently, the growing demand from the building and construction sector is fueling the expansion of the fire-resistant cable market.
The prevailing trend of product innovations has gained significant traction in the fire-resistant cable market. Major companies in this sector are actively engaged in developing innovative products to enhance their market positioning. A case in point is Nexans, a France-based provider of cable technology solutions, which, in April 2023, introduced Nexans Fire Safety-an all-encompassing offering featuring cutting-edge fire protection cabling solutions, modular wiring solutions, smart packaging, premium services, and digital tools. This comprehensive solution ensures building safety against fire hazards by providing low fire-hazard cables that contribute to reduced smoke opacity, gas emissions, flame spread, and heat release.
The anticipated growth in the fire-resistant cable market is expected to be propelled by increasing investments in infrastructure projects. Investments in infrastructure projects involve the allocation of capital for the development, construction, and maintenance of physical assets, including roads, bridges, highways, public transportation systems, energy infrastructure, and telecommunication networks. As infrastructure investments rise, there is a growing demand for reliable and secure electrical systems within buildings, transportation networks, and other critical infrastructure projects. For example, in May 2023, the Australian Government announced funding of $15.5 billion to support state infrastructure projects. Therefore, the surge in investments in infrastructure projects is a key driver for the growth of the fire-resistant cable market.
In March 2023, Elettrotek Kabel SpA, an Italy-based metal construction company, completed the acquisition of Controlcavi Industria Srl for an undisclosed amount. This strategic move by CCI Cable Service is poised to expand the reach of the EK Group, supporting its ongoing growth trajectory. Controlcavi Industria Srl, the acquired company, is an Italy-based manufacturer specializing in fire-resistant cables.
Major companies operating in the fire-resistant cable market include LS Cable & System Ltd., Nexans SA, Prysmian SpA, Tratos Limited, El Sewedy Electric Company, Leoni AG, NKT A/S, Relemac Technologies Pvt Ltd., TPC Wire & Cable Corp, General Cable Corporation, Universal Cable (M) Bhd., Furukawa Electric Co. Ltd., Elsewedy Electric S A E, RR Kabel Ltd., Jiangnan Group Limited, Tele-Fonika Kable SA, Bambach Cables, Eland Cables, Top Cable, Belden Inc., Southwire Company LLC, Polycab India Limited, KEI Industries Limited, Finolex Cables Ltd., Havells India Limited, Lapp Group, Caledonian Cables Ltd., Ducab, Oman Cables Industry, Riyadh Cables Group of Companies, Bahra Cables Company, Alfanar Group, Saudi Cable Company, National Cables Industry
Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fire-resistant cable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the fire-resistant cable market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The fire-resistant cable market consists of sales of single-core cables, mineral-insulated (MI) fireproof cables, metal-clad (MC) fireproof cables, and multi-core cables. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Fire-Resistant Cable Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on fire-resistant cable market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for fire-resistant cable ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fire-resistant cable market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.