Many cable and wire markets are threatened by raw material volatility. It poses among the greatest threats to stable prices and production costs.
But positive news in the construction sector, upon which much of the growth of these markets depends, promises to keep prices steady in the next few years.
Cable and wire markets are incredibly diverse and broad. Their biggest end-users are telecommunications and power companies.
Their applications are ubiquitous across so many industries, including commercial and residential construction.
The most common components include rubber, copper, aluminum, and various plastics.
These markets are characterized by a vast and diverse range of manufacturers and suppliers across the world.
Price competition is stiff because of the sheer number of producers, as well as the plethora of cheaper foreign producers.
Electrical cable products are in the growth phase of the product life cycle and include halogen-free cable and multi-core cable.
Manufacturers, wholesalers, and retailers — both foreign and domestic — are all major suppliers.
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