DUBLIN–(BUSINESS WIRE)–The "Asia-Pacific
Power Cable Materials Market – Forecast to 2023" report has
been added to Research and Markets' offering.

This report focuses on power cable non-conducting materials including
insulation materials and jacketing materials in the Asia Pacific region.
The timeframe covered by the research is 2013 to 2023, the base year
being 2016. The market is forecast from 2017 to 2023.

Energy demand in the Asia-Pacific region is estimated to double by 2030
and renewable energy sources are likely to play an extremely important
part in supporting the demand growth. For instance, India has ambitious
plans to install 275 GW of renewable energy by 2027. China, a world
leader in wind energy generation, is looking to triple its solar power
capacity by 2020. With regional co-operation for power production and
trade in the offing, huge opportunity exists for the power cable market.
Countries such as China, India and the ASEAN region have invested
heavily in unconventional and clean energy. Among the factors
influencing the power cable materials market include the robust growth
in energy demand from the Asia-Pacific region, a region that is
energy-starved with very low per capita consumption compared to Europe
and North America. Growing industrialization and strong GDP performance
have been paralleled by the surging need and demand for electricity in
South Asia and South East Asia. China has surpassed the United States in
terms of energy consumption and is witnessing continued growth in its
appetite for energy.

Traditionally, the power cable materials market has been dominated by
China. China is the largest producer as well as consumer of insulation
and jacketing materials and is home to a number of European and North
American material manufacturers as well as cable manufacturers. Japan
and South Korea, on the other hand, are mature economies with
comparatively slower growth. The market in these countries is driven by
replacement cable demand.

Key Topics Covered:

• Market Overview
• Drivers And Restraints – Total Power Cable Materials Market
• Forecast And Trends – Total Power Cable Materials Market
• Asia-Pacific Power Cable Materials Market – Forecast By Cable Type
• EHV Cables Segment By Applications
• HV Cables Segment By Applications
• MV Cables Segment By Applications
• LV Cables Segment By Applications
• Total Asia-Pacific Power Cable Materials Market – Regional Trends
• Growth Opportunities And Companies To Action
• Analysis By Product Type – Insulation Materials Market Breakdown
• Analysis By Product Type – Jacketing Materials Breakdown

Companies Mentioned

• 3H Vinacom
• Asahi Kasei
• BASF SE
• Borouge
• DowDuPont
• Formosa
• Hanwha
• Hyundai EP
• Kanoo
• LG Chem
• Mitsui
• PolyOne
• Reliance
• Sankhla
• SCG Chemicals
• Shin-Etsu
• Solvay
• Tianye
• Tosoh
• Xinjiang Zhongtai

For more information about this report visit https://www.researchandmarkets.com/research/5cklbf/asiapacific?w=4

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Related
Topics: Electricity