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11:15 | 03.01.2018
Asia-Pacific Power Cable Materials Market – Forecasts to 2023 – Research and Markets

The “Asia-Pacific
Power Cable Materials Market – Forecast to 2023” report has
been added to Research and Markets’ offering.

This report focuses on power cable non-conducting materials including
insulation materials and jacketing materials in the Asia Pacific region.
The timeframe covered by the research is 2013 to 2023, the base year
being 2016. The market is forecast from 2017 to 2023.

Energy demand in the Asia-Pacific region is estimated to double by 2030
and renewable energy sources are likely to play an extremely important
part in supporting the demand growth. For instance, India has ambitious
plans to install 275 GW of renewable energy by 2027. China, a world
leader in wind energy generation, is looking to triple its solar power
capacity by 2020. With regional co-operation for power production and
trade in the offing, huge opportunity exists for the power cable market.
Countries such as China, India and the ASEAN region have invested
heavily in unconventional and clean energy. Among the factors
influencing the power cable materials market include the robust growth
in energy demand from the Asia-Pacific region, a region that is
energy-starved with very low per capita consumption compared to Europe
and North America. Growing industrialization and strong GDP performance
have been paralleled by the surging need and demand for electricity in
South Asia and South East Asia. China has surpassed the United States in
terms of energy consumption and is witnessing continued growth in its
appetite for energy.

Traditionally, the power cable materials market has been dominated by
China. China is the largest producer as well as consumer of insulation
and jacketing materials and is home to a number of European and North
American material manufacturers as well as cable manufacturers. Japan
and South Korea, on the other hand, are mature economies with
comparatively slower growth. The market in these countries is driven by
replacement cable demand.
Key Topics Covered:
Market Overview

Drivers And Restraints – Total Power Cable Materials Market

Forecast And Trends – Total Power Cable Materials Market

Asia-Pacific Power Cable Materials Market – Forecast By Cable Type

EHV Cables Segment By Applications

HV Cables Segment By Applications

MV Cables Segment By Applications

LV Cables Segment By Applications

Total Asia-Pacific Power Cable Materials Market – Regional Trends

Growth Opportunities And Companies To Action

Analysis By Product Type – Insulation Materials Market Breakdown

Analysis By Product Type – Jacketing Materials Breakdown
Companies Mentioned
3H Vinacom

Asahi Kasei

BASF SE

Borouge

DowDuPont

Formosa

Hanwha

Hyundai EP

Kanoo

LG Chem

Mitsui

PolyOne

Reliance

Sankhla

SCG Chemicals

Shin-Etsu

Solvay

Tianye

Tosoh

Xinjiang Zhongtai

For more information about this report visit https://www.researchandmarkets.com/research/5cklbf/asiapacific?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180103005472/en/


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