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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 reached 890 million US dollars in 2017, and it is expected that by 2025, this data will increase to 1.
07 billion US dollars, with a compound annual growth rate of 2.
3%.
The report revealed that silicone rubber power cables are generally used for the transmission and distribution of 1-36KV voltage circuits
.
The working temperature of silicone rubber wire conductor is -80~180 °C, with high heat resistance and excellent cold resistance
.
Performance remains relatively stable
even with temperature and frequency variations.
It also has excellent electrical insulation, 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
.
Manufacturers of all kinds, from large multinationals to small private companies, compete
in this industry.
The top ten producers account for about 34.
58%
of the revenue market.
According to the actual data known, in 2015, China occupied 35.
89%
of the production market.
It is followed by the United States and Europe, accounting for 21.
25% and 20.
05%
of the total global industry, respectively.
Production in other countries is relatively small
.
Geographically, China is the world's largest consumer market, 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%, and the growth rate in Europe and China is slightly higher
.
Considering the current demand for silicone rubber power cables, the report believes that the industry still has bright prospects
.
As for product prices, the slow downward trend of recent years will continue
in the coming years as competition intensifies.
Similarly, gross margins will fluctuate
.
From the perspective of manufacturers, Prysmian (including the acquired General Cable), Nexans, Sumitomo Electric, LS Cable, Furukawa Electric, Minami Cable, Fujikura Cable, Far East Smart Energy, LEONI Cable, Hitachi Cable, Shangshang Cable, etc
.
will become industry-leading manufacturers of silicone rubber cables.
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 reached 890 million US dollars in 2017, and it is expected that by 2025, this data will increase to 1.
07 billion US dollars, with a compound annual growth rate of 2.
3%.
The report revealed that silicone rubber power cables are generally used for the transmission and distribution of 1-36KV voltage circuits
.
The working temperature of silicone rubber wire conductor is -80~180 °C, with high heat resistance and excellent cold resistance
.
Performance remains relatively stable
even with temperature and frequency variations.
It also has excellent electrical insulation, 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
.
Manufacturers of all kinds, from large multinationals to small private companies, compete
in this industry.
The top ten producers account for about 34.
58%
of the revenue market.
According to the actual data known, in 2015, China occupied 35.
89%
of the production market.
It is followed by the United States and Europe, accounting for 21.
25% and 20.
05%
of the total global industry, respectively.
Production in other countries is relatively small
.
Geographically, China is the world's largest consumer market, 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%, and the growth rate in Europe and China is slightly higher
.
Considering the current demand for silicone rubber power cables, the report believes that the industry still has bright prospects
.
As for product prices, the slow downward trend of recent years will continue
in the coming years as competition intensifies.
Similarly, gross margins will fluctuate
.
From the perspective of manufacturers, Prysmian (including the acquired General Cable), Nexans, Sumitomo Electric, LS Cable, Furukawa Electric, Minami Cable, Fujikura Cable, Far East Smart Energy, LEONI Cable, Hitachi Cable, Shangshang Cable, etc
.
will become industry-leading manufacturers of silicone rubber cables.
