Automotive Wire And Cable Materials Market: Latest Trend, Innovations, Growth, Forecast, Drivers, Restraints 2015-2022

The latest report on Automotive Wire And Cable Materials Market added by DecisionDatabases.com provides a complete market outlook to those seeking in-depth market knowledge. The study provides forecast and estimates market in terms of revenue and volume during the forecast period from 2015 to 2022. The report also provides market's mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.

Automotive wire and cable materials are frequently used products in the automobile component industry and are accessible in varied standards including ISO, SAE, and JASO. These are mainly used PVC and XLPE insulation materials for component production due to its high durability and broad temperature range. In the coming years, vendors are exploring an opportunity to make PVC less toxic by manufacturing it from bio-plasticizers, which can further fuel the market demand for PVC in the near future. Promising growth in the automobile industry coupled with the revival of US economy is expected to drive demand for automotive wire and cable materials market over the coming years.

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Rapid growth in vehicle production, particularly in the emerging economies and rising fleet on the road will have a positive impact on the market growth. Furthermore, the increasing automotive sales and increasing preference for after-sale installation of infotainment devices, telematics & alternative fuel kits for vehicle safety & maintenance are some of the supportive factors, which will further aid in the market growth of  the  automotive wire and cables market during the forecast period. Technological innovations in hybrid & connected vehicles and replacement of copper with aluminium are anticipated to positively influence the vehicle production process in the near future, which in turn will boost the demand for the product. However, rapid declination in automotive demand in Europe and rising environmental concerns regarding disposal & recycling of automotive wires and cable scraps are major challenges, which may hamper the market growth in the forthcoming years.

Automotive Wire And Cable Materials Market
The global automotive wire and cables materials market has been segmented based on product into polyvinyl chloride (PVC), polypropylene (PP), cross-linked polyethylene (XLPE), thermoplastic polyurethane (TPU), polyphenylene ether (PPE) and others. Polyvinyl chloride (PVC) is a major product segment and is expected to grow at a significant rate in the coming years on account of its growing application scope for manufacturing automotive wires and cables worldwide. Furthermore, the automotive wire and cables materials has been segmented based on vehicle type into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. A passenger car is the largest vehicle type segment and is estimated to continue its dominance over the forecast period due to growing production and demand across the globe. Furthermore, the rapid development of transit routes and rising adoption of hybrid power trains will generate opportunities in the LCV and HCV vehicles segment over the coming years.

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Asia-Pacific is the biggest market for automotive wire and cable materials and is expected to grow continuously at a substantial rate during the forecast period on account of growing automobile industry, rising emphasis on vehicle maintenance & safety along with the rising  implementation of vehicle safety regulations in the region.

The key players include Acome, Allied Wire & Cable Inc., Coficab Tunisie SA, Coroplast Fritz Müller GmbH & Co. KG, Delphi Automotive PLC, Draka Holding N.V., ITC Thermo Cable GmbH, Judd Wire, Inc., Lear Corporation, Leoni AG, Sumitomo Electric Industries Ltd. and Yazaki Corporation.

Major Table Of Contents:

1. INTRODUCTION
2. EXECUTIVE SUMMARY  
3. AUTOMOTIVE WIRE AND CABLE MATERIALS MARKET ANALYSIS
4. AUTOMOTIVE WIRE AND CABLE MATERIALS MARKET ANALYSIS BY PRODUCT
5. AUTOMOTIVE WIRE AND CABLE MATERIALS MARKET ANALYSIS BY VEHICLE TYPE
6. AUTOMOTIVE WIRE AND CABLE MATERIALS MARKET ANALYSIS BY GEOGRAPHY
7. COMPETITIVE LANDSCAPE OF AUTOMOTIVE WIRE AND CABLE MATERIALS MARKET COMPANIES
8. COMPANY PROFILES OF AUTOMOTIVE WIRE AND CABLE MATERIALS MARKET INDUSTRY

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In Aug 2016, S&E Specialty Polymers has announced the introduction of ‘Universal TPE’ compounds. which are exclusively designed to survive the harsh environments for Wire and Cable Industry applications.

In April 2016, Solvay Launched Three New Cogegum® GFR XLPO-HFFR Compounds for Wire & Cable Applications in Automotive, Oil & Gas, and E&E sector.

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