Lucintel Forecasts Wire and Cable Jacket Material Market to Reach $XX Billion by 2028
According to the recent study the wire and cable jacket material market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 6% to 8% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for wire and cable for high-quality telecommunications infrastructure, growing technological advancements, and electrification of aircraft systems.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in wire and cable jacket material market by temperature rating (200C to 250C, 250C to 300C, and 300C above), material type (polyetheretherketone, polyimide, polytetrafluoroethylene, perfluoroalkoxy, and others), end use industry (aerospace and defense, subsea, artificial lift system, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link https://www.lucintel.com/wire-and-cable-jacket-material-market.aspx
“Perfluoroalkoxy market is expected to remain the largest segment during the forecast period.”
Based on material type, the wire and cable jacket material market is segmented into polyetheretherketone, polyimide, polytetrafluoroethylene, perfluoroalkoxy, and others. Lucintel forecasts that the perfluoroalkoxy market is expected to remain the largest segment due to strong chemical resistance and excellent temperature ratings.
“Within the wire and cable jacket material market, the aerospace and defense segment is expected to remain the largest end use industry”
Based on end use industry the aerospace and defense segment is expected to witness the highest growth over the forecast period due to the growing requirement of ruggedized cable assemblies to form a highly reliable network backbone for aircraft to military applications and increasing usage of wire jacket material to shield all signal transmissions from external thermal, chemical, mechanical, and env