Wire Compound and Cable Compound Market to Reach 16.42 Billion USD by 2022 | Leading Players: DuPont, General Cable Technologies, PolyOne, Exxon Mobil, Eastman Chemical, Solvay, Trelleborg, Borouge, and More
The Wire Compound and Cable Compound Market is estimated to reach 16.42 Billion by 2022, at a CAGR of 7.7% from 2017 to 2022. The growth of this market is driven by the rising demand for wire and cable compounds from the construction and automotive industries. The market in Asia-Pacific and the Middle East & Africa is expected to witness significant growth in the next five years, owing to the rise in construction activities in emerging markets, such as China, India, and Saudi Arabia. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237123323 Construction: the largest end-use industry segment of the wire compound and cable compound market Wire compound and cable compound are extensively consumed in various industries, such as construction, communication, automobile, and power. The construction industry segment is estimated to dominate the wire compound and cable compound market in 2017. The rapid infrastructural development, especi