Oil, Gas & Petrochemical Cable Market
Oil, Gas & Petrochemical Cable Market Size and Growth
The Oil, Gas & Petrochemical Cable market is experiencing growth driven by rising energy demands and infrastructure investments. The market size is projected to reach approximately $2.5 billion by 2025, fueled by advancements in technology and increasing safety regulations. Enhanced performance and durable materials are pivotal in meeting industry standards.
Companies Covered
(Covid 19 Impact Covered)
◍ Prysmian Cables Systems
◍ Nexans
◍ Sumitomo Electric Industries
◍ LS Cable LTD.
◍ General Cable
◍ NEONI
◍ Furukawa Electric
◍ South Wire
◍ Fujikura
◍ Walsin Lihwa
◍ Hitachi
◍ Tfkable
◍ RSCC
◍ AFC
◍ FESE
◍ Baosheng
◍ Jiangnan Group
The Oil, Gas & Petrochemical Cable Market comprises leading companies like Prysmian, Nexans, and Sumitomo, which innovate and supply specialized cables for demanding environments. Their advancements and product offerings drive market growth by enhancing safety and efficiency in energy sectors. Notable sales figures include Prysmian ($12 billion) and Nexans ($7.4 billion).
◍ TBEA
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