Low Smoke Halogen Free Cable Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast by 2031

Low Smoke Halogen Free Cable Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Screened and Non-Screened); Jacket Type (Thermoplastic and Thermoset); Insulation Material (Polypropylene, Polyethylene, Thermoplastic Polyurethane, and Others); Application (Building & Construction, Rail Cars, Ship, Aircraft, and Others); and Geography

  • Report Code : TIPRE00003857
  • Category : Electronics and Semiconductor
  • No. of Pages : 150

Low Smoke Halogen Free Cable Market Trends and Size 2031

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The low smoke halogen free cable market size is projected to reach US$ 5.80 billion by 2031 from US$ 2.68 billion in 2023. The market is expected to register a CAGR of 10.1% in 2023–2031. Potential harms in high-risk locations and additional safety in fire-prone buildings are likely to remain market trends.

Low Smoke Halogen Free Cable Market Analysis   

Low Smoke Halogen Free (LSHF) cables have become increasingly important due to their capacity to minimize equipment damage and smoke toxicity in commercial and residential building initiatives. These cables emit minimal levels of smoke and hazardous fumes and do not release acid gases when subjected to fire, setting them apart from PVC cables and those composed of other materials that generate substantial volumes of dense black smoke, harmful fumes, and acid gas.

Low Smoke Halogen Free Cable Market Overview

Low Smoke Halogen Free (LSHF) cables are a type of cable widely used in various applications where the emission of smoke and toxic fumes can pose a risk to human health and essential equipment in the event of a fire. These cables are designed to emit minimal levels of smoke and toxic fumes and do not release acid gases when exposed to fire. Unlike PVC cables and those made of other compounds, which produce substantial amounts of dense black smoke, toxic fumes, and acid gas when subjected to fire, LSHF cables offer enhanced safety features by significantly reducing equipment damage and smoke toxicity in commercial and residential building projects. The use of LSHF cables is particularly beneficial in high-risk locations and fire-prone buildings, where adherence to stringent fire compliances and regulations is essential for ensuring additional safety. The proliferation of data communication, increase in regulatory requirements, and adoption of LSHF cables in industries such as nuclear power plants contribute to the growth of the market.

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Low Smoke Halogen Free Cable Market: Strategic Insights

Low Smoke Halogen Free Cable Market
  • CAGR
    CAGR (2023 - 2031)
    10.1%
  • Market Size 2023
    US$ 2.68 Billion
  • Market Size 2031
    US$ 5.80 Billion

Market Dynamics

GROWTH DRIVERS
  • Possible Harms in High-Risk Locations
  • Increase in Regulatory Requirements
FUTURE TRENDS
  • Expansion in Infrastructure Construction
OPPORTUNITIES
  • Extra Safety in Fire-Prone Buildings

Key Players

  • BASF SE
  • BOREALIS AG
  • Dow
  • Fujikura Limited
  • Hitachi Ltd
  • Nexans SA
  • Prysmian Group
  • Dura Line
  • Sumitomo Electric Lightwave Corp
  • Galaxy Wire Cable Inc

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market SegmentType
  • Screened and Non-Screened
Market SegmentJacket Type
  • Thermoplastic and Thermoset
Market SegmentInsulation Material
  • Polypropylene
  • Polyethylene
  • Thermoplastic Polyurethane
Market SegmentApplication
  • Building & Construction
  • Rail Cars
  • Ship
  • Aircraft
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Low Smoke Halogen Free Cable Market Drivers and Opportunities

Possible Harms in High-Risk Locations to Favor the Market

The increased demand for halogen-free cables in high-risk locations is a result of the risks associated with using halogenated cable materials. These materials, which contain elements such as fluorine, chlorine, and bromine, can release toxic and corrosive fumes when exposed to fire, posing significant health risks to individuals and causing damage to electronic equipment and metal structures. Consequently, the imperative to mitigate these potential harms in high-risk locations has driven the need for halogen-free cables, as the use of traditional halogenated cables in such areas could present serious safety and health hazards.

Extra Safety in Fire-Prone Buildings

The increasing need for improved safety measures in buildings and confined spaces prone to fire is fueling the rising demand for halogen-free cables. This demand is shaped by various factors, including the necessity to reduce the dangers associated with fire hazards in contemporary building designs. Modern buildings often incorporate open architecture glazing, false ceilings, and large openings, which can compromise the compartmentation needed for effective fire safety. Moreover, insufficient fire safety provisions, inadequate enforcement of building codes, and a lack of resources for maintaining active fire systems all contribute to inadequate fire safety measures within buildings, significantly elevating the risk to both life and structural integrity. Additionally, the use of traditional halogenated cables in these environments can worsen the potential harm in high-risk locations, underscoring the critical requirement for halogen-free cables to offer additional safety measures in such fire-prone settings. This trend reflects the evolving landscape of building designs and the urgency to address fire safety concerns in modern architectural structures.

Low Smoke Halogen Free Cable Market Report Segmentation Analysis

Key segments that contributed to the derivation of the low smoke halogen free cable market analysis are type, jacket type, insulation material, and application.

  • Based on type, the market is bifurcated into screened and non-screened. The screened segment held a substantial market share in 2023.
  • By jacket type, the market is bifurcated into thermoplastic and thermoset. The thermoset segment held a significant share of the market in 2023.
  • Based on insulation material, the market is divided into polypropylene, polyethylene, thermoplastic polyurethane, and others. The polypropylene segment is expected to hold a significant share of the market in 2023.
  • In terms of application, the market is segmented into building & construction, rail cars, ships, aircraft, and others. The building & construction segment is expected to hold a significant share of the market in 2023.

Low Smoke Halogen Free Cable Market Share Analysis by Geography

The geographic scope of the low smoke halogen free cable market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.

Stringent regulations and standards designed to improve fire safety in commercial and residential properties have significantly impacted the European low smoke halogen free cable market. These regulations, bolstered by ongoing research and development efforts, have played a vital role in driving the adoption of low smoke halogen free cables. The imperative nature of these rules and regulations has emerged as a primary driver for the market, mirroring evolving industry requirements and technological advancements.

Low Smoke Halogen Free Cable Market Report Scope

Report Attribute Details
Market size in 2023 US$ 2.68 Billion
Market Size by 2031 US$ 5.80 Billion
Global CAGR (2023 - 2031) 10.1%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Screened and Non-Screened
By Jacket Type
  • Thermoplastic and Thermoset
By Insulation Material
  • Polypropylene
  • Polyethylene
  • Thermoplastic Polyurethane
By Application
  • Building & Construction
  • Rail Cars
  • Ship
  • Aircraft
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • BOREALIS AG
  • Dow
  • Fujikura Limited
  • Hitachi Ltd
  • Nexans SA
  • Prysmian Group
  • Dura Line
  • Sumitomo Electric Lightwave Corp
  • Galaxy Wire Cable Inc
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Low Smoke Halogen Free Cable Market News and Recent Developments

The low smoke halogen free cable market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

  • ACL Cables creates history as the first local company to receive SLS 1504 -3-31 standard compliance for fire rate cables. Creating history and proving its dominance in the cable industry once again, ACL Cables PLC announced it had been awarded the SLS 1504-3-31 accreditation certification for its Low smoke Halogen Free (LSHF) non-sheathed cables by the Sri Lanka Standards Institution (SLSI) recently.

(Source: Lanka Business News, Newsletter, 2020)

Low Smoke Halogen Free Cable Market Report Coverage and Deliverables

The “Low Smoke Halogen Free Cable Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Market dynamics such as drivers, restraints, and key opportunities
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
  • Detailed company profiles
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

Type ; Jacket Type ; Insulation Material ; Application

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What is the estimated market size for the low smoke halogen free cable market in 2023?

The market was estimated to be US$ 2.68 billion in 2023 and is expected to grow at a CAGR of 10.1% during the period 2023 - 2031.

What are the driving factors impacting the low smoke halogen free cable market?

Potential harms in high-risk locations and increases in regulatory requirements are the major factors that propel the market.

What are the future trends of the low smoke halogen free cable market?

Expansion in infrastructure construction is anticipated to play a significant role in the market in the coming years.

Which are the key players holding the major market share of the low smoke halogen free cable market?

The key players holding significant shares in the market are BASF SE, BOREALIS AG, Dow, Fujikura Limited, and Hitachi, Ltd.

What will be the market size of the low smoke halogen free cable market by 2031?

The market is expected to reach US$ 5.80 billion by 2031.

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