북미의 전선 및 케이블용 플라스틱 시장 보고서 : 범위, 부문, 역학, 경쟁 분석(2021-2031년)

The North America Wire and Cable Plastics Market is projected to grow significantly, reaching an estimated US$ 2,393.25 million by 2031, up from US$ 1,537.25 million in 2023. This growth represents a compound annual growth rate (CAGR) of 5.7% from 2023 to 2031.

Executive Summary and Market Analysis

The wire and cable plastics market in North America is poised for substantial growth during the forecast period, driven by the expansion of various sectors such as energy and power, electronics, telecommunications, aerospace, and automotive. Both government and private sectors are making significant investments in smart city initiatives, renewable energy projects, and the modernization of electric grids, all of which necessitate extensive wire and cable infrastructure. Key plastic materials, including polyvinyl chloride (PVC), polyethylene, and fluoropolymers, are crucial for insulating and sheathing these cables, providing durability, flexibility, and resistance to environmental factors.

The demand for high-performance communication cables is also on the rise, fueled by the growth of high-performance computing, data centers, electric vehicles (EVs), 5G infrastructure, and consumer electronics in North America. These applications require advanced plastic materials capable of supporting higher data transfer rates while minimizing electromagnetic interference. Furthermore, advancements in fiber optic and coaxial cables, which heavily rely on plastic for insulation and sheathing, are essential to meet the increasing data transmission demands in the region. According to the GSM Association, by 2030, 5G technology is expected to account for 90% of connections in North America, contributing approximately US$ 210 billion to the economy. This technological evolution is creating new opportunities for manufacturers of high-quality wire and cable plastics, particularly in the automotive sector, which is also driving demand.

Market Segmentation Analysis

The wire and cable plastics market can be segmented based on material, voltage, and end-use industry.

• By Material: The market is divided into several categories, including polyethylene, polyvinyl chloride, polypropylene, cross-linked polyethylene, thermoplastic elastomers, and others. In 2023, polyvinyl chloride held the largest market share.
• By Voltage: The market is categorized into low, medium, high, and extra-high voltage segments, with the low voltage segment dominating in 2023.
• By End-Use Industry: The market is segmented into construction, automotive, electrical and electronics, aerospace and defense, telecommunications, oil and gas, energy and power, and others. The construction sector accounted for the largest share in 2023.

Market Outlook

The energy and power sector is experiencing a significant increase in demand for wire and cable plastics, driven by the global transition towards advanced energy infrastructure, the integration of renewable energy sources, and the modernization of outdated power systems. Plastics such as polyethylene (PE), polyvinyl chloride (PVC), and cross-linked polyethylene (XLPE) are vital for the insulation, sheathing, and protection of wires and cables. These materials offer unique advantages, including flexibility, electrical resistance, durability, and cost-effectiveness, making them essential for meeting the industry's growing needs.

As the use of renewable energy sources like solar, wind, and hydropower rises, the demand for reliable and robust cabling solutions is increasing. These energy systems often operate in harsh environments, requiring cables that can withstand extreme temperatures, UV exposure, and moisture. Additionally, the focus on electrification in remote and underserved regions, particularly in developing countries, is further driving this demand. Long-distance power transmission lines and off-grid renewable energy systems necessitate durable and lightweight cables, where plastic materials play a crucial role in simplifying installation and enhancing efficiency. In April 2024, a partnership between the World Bank Group and the African Development Bank Group was announced, aiming to provide electricity access to at least 300 million people in Africa by 2030.

Country Insights

The North America wire and cable plastics market includes the United States, Canada, and Mexico, with the United States holding the largest market share in 2023.

Wire and cable plastics are essential for supporting the increasingly complex and high-performance electronic devices across various industries, including consumer electronics, automotive, telecommunications, and aerospace. The rise of consumer electronics, such as smartphones, laptops, and wearable devices, has led to a growing need for high-quality wiring systems. These devices require intricate cabling solutions that can endure heat, abrasion, and bending while ensuring efficient data and power transmission. The superior properties of plastic-insulated wires make them ideal for meeting these stringent requirements.

The construction industry is a significant contributor to the US economy, generating approximately US$ 1.4 trillion in structures annually. According to the US Department of Commerce, residential construction spending reached US$ 934.0 billion in October 2024, up from US$ 920.3 billion in October 2023. The surge in both residential and commercial developments necessitates extensive wiring systems for electrical and communication networks. Plastics are widely utilized in cables due to their resistance to heat, moisture, and wear, ensuring reliability and safety in wiring systems. Major companies like Twitter, Google, Meta, and Microsoft are integrating 5G, artificial intelligence (AI), edge computing, and other emerging technologies that require advanced data center capabilities.

Table Of Contents

1. Introduction

• 1.1 Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macroeconomic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country-level data:

4. North America Wire and Cable Plastics Market Landscape

• 4.1 Overview
• 4.2 PORTER's Five Forces Analysis
  • 4.2.1 Threat of New Entrants:
  • 4.2.2 Bargaining Power of Suppliers:
  • 4.2.3 Bargaining Power of Buyers:
  • 4.2.4 Competitive Rivalry:
  • 4.2.5 Threat of Substitutes:
• 4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers
  • 4.3.2 Wire and Cable Plastics Manufacturers
  • 4.3.3 Distributors/Suppliers
  • 4.3.4 Wire and Cable Manufacturers
  • 4.3.5 End-Use Industry
  • 4.3.6 List of Vendors in the Value Chain

5. North America Wire and Cable Plastics Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Rising Demand from Energy & Power Industry
  • 5.1.2 Growing Building and Construction Industry
• 5.2 Market Restraints
  • 5.2.1 Fluctuations in Raw Material Prices and Harmful Environmental Impact of Plastic Use
• 5.3 Market Opportunities
  • 5.3.1 Robust Telecommunication Infrastructure Expansion
• 5.4 Future Trends
  • 5.4.1 Increasing Focus on Recycling and Bio-Based Materials
• 5.5 Impact of Drivers and Restraints:

6. Wire and Cable Plastics Market -North America Market Analysis

• 6.1 North America Wire and Cable Plastics Market Volume (Kilo Tons), 2021-2031
• 6.2 North America Wire and Cable Plastics Market Volume Forecast and Analysis (Kilo Tons)
• 6.3 North America Wire and Cable Plastics Market Revenue (US$ Million), 2023-2031
• 6.4 North America Wire and Cable Plastics Market Forecast and Analysis

7. North America Wire and Cable Plastics Market Volume and Revenue Analysis - by Material

• 7.1 Polyethylene
  • 7.1.1 Overview
  • 7.1.2 Polyethylene: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
  • 7.1.3 Polyethylene: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
  • 7.1.4 HDPE
    • 7.1.4.1 Overview
    • 7.1.4.2 HDPE: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
    • 7.1.4.3 HDPE: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
  • 7.1.5 LDPE
    • 7.1.5.1 Overview
    • 7.1.5.2 LDPE: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
    • 7.1.5.3 LDPE: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
  • 7.1.6 OthersPE
    • 7.1.6.1 Overview
    • 7.1.6.2 OthersPE: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
    • 7.1.6.3 OthersPE: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.2 Polyvinyl Chloride
  • 7.2.1 Overview
  • 7.2.2 Polyvinyl Chloride: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
  • 7.2.3 Polyvinyl Chloride: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.3 Polypropylene
  • 7.3.1 Overview
  • 7.3.2 Polypropylene: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
  • 7.3.3 Polypropylene: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.4 Cross-Linked Polyethylene
  • 7.4.1 Overview
  • 7.4.2 Cross-Linked Polyethylene: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
  • 7.4.3 Cross-Linked Polyethylene: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.5 Thermoplastic Elastomers
  • 7.5.1 Overview
  • 7.5.2 Thermoplastic Elastomers: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
  • 7.5.3 Thermoplastic Elastomers: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.6 HFFR Materials
  • 7.6.1 HFFR Materials: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
  • 7.6.2 HFFR Materials: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.7 Others
  • 7.7.1 Overview
  • 7.7.2 Others: North America Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
  • 7.7.3 Others: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. North America Wire and Cable Plastics Market Revenue Analysis - by Voltage

• 8.1 Low
  • 8.1.1 Overview
  • 8.1.2 Low: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.2 Medium
  • 8.2.1 Overview
  • 8.2.2 Medium: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.3 High
  • 8.3.1 Overview
  • 8.3.2 High: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.4 Extra-high
  • 8.4.1 Overview
  • 8.4.2 Extra-high: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. North America Wire and Cable Plastics Market Revenue Analysis - by End-use Industry

• 9.1 Construction
  • 9.1.1 Overview
  • 9.1.2 Construction: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 9.2 Automotive
  • 9.2.1 Overview
  • 9.2.2 Automotive: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 9.3 Electrical and Electronics
  • 9.3.1 Overview
  • 9.3.2 Electrical and Electronics: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 9.4 Aerospace and Defense
  • 9.4.1 Overview
  • 9.4.2 Aerospace and Defense: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 9.5 Telecommunications
  • 9.5.1 Overview
  • 9.5.2 Telecommunications: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 9.6 Oil and Gas
  • 9.6.1 Overview
  • 9.6.2 Oil and Gas: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 9.7 Energy and Power
  • 9.7.1 Overview
  • 9.7.2 Energy and Power: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 9.8 Others
  • 9.8.1 Overview
  • 9.8.2 Others: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. North America Wire and Cable Plastics Market - Country Analysis

• 10.1 North America
  • 10.1.1 North America Wire and Cable Plastics Market Revenue and Forecast and Analysis - by Country
    • 10.1.1.1 North America Wire and Cable Plastics Market Volume and Forecast and Analysis - by Country
    • 10.1.1.2 North America Wire and Cable Plastics Market Revenue and Forecast and Analysis - by Country
    • 10.1.1.3 United States: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 10.1.1.3.1 United States: North America Wire and Cable Plastics Market Share - by Material
    • 10.1.1.4 Canada: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 10.1.1.4.1 Canada: North America Wire and Cable Plastics Market Share - by Material
    • 10.1.1.5 Mexico: North America Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 10.1.1.5.1 Mexico: North America Wire and Cable Plastics Market Share - by Material

11. Competitive Landscape

• 11.1 Heat Map Analysis by Key Players
• 11.2 Company Positioning & Concentration

12. Industry Landscape

• 12.1 Overview
• 12.2 Product Launch
• 12.3 Expansions and Other Strategic Developments

13. Company Profiles

• 13.1 Dow Inc
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Exxon Mobil Corp
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 LyondellBasell Industries NV
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 Solvay SA
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 Borealis AG
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 BASF SE
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 Saudi Basic Industries Corp
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 LG Chem Ltd
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Arkema SA
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments
• 13.10 Celanese Corp
  • 13.10.1 Key Facts
  • 13.10.2 Business Description
  • 13.10.3 Products and Services
  • 13.10.4 Financial Overview
  • 13.10.5 SWOT Analysis
  • 13.10.6 Key Developments

14. Appendix

• 14.1 About The Insight Partners