wiredinUSA August 2013

Automotive wire and cable materials market

A new report from Transparency Market Research details the global automotive wire and cable materials market. Fromapremise that theurbanization in developed nations will drive the automotive industry which, in turn, is likely to increase the automotive cable and wire materials market, the report expects North America and Europe to continue their dominance in the market. The market is expected to grow and create new opportunities in Asia Pacific, due to the area’s growing urbanization and automotive industries. The automotive cable and wire materials market can be segmented based on the utilized raw materials: polyvinyl chloride (PVC), cross linked polyethylene (XPLE), electron beam based XLPE, and peroxide based XLPE, fluoropolymers, polyphenylene ether (PPE), co-polyester elastomer (COPE) and thermoplastic polyurethane (TPU).

TPU, PPE and polymers such as COPE are gaining popularity but the report suggests they are not expected to entirely replace XLPE and PVC. Fluoropolymers are chiefly utilized in high temperature cable applications, and are expected to dominate the class D and E applications. OEMs are expected to favor standardized solutions. This research report analyzes the market in market segments, major geographies, and current market trends, providing comprehensive analysis of market growth drivers; the factors limiting market growth; current market trends; market structure; and market projections to 2018. Full details can be found at the Transparency Market Research website.

wiredInUSA - August 2013

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