Electronic cables and cables used for shifting or lifting the loads such as those used for trolley systems and conveyor facilities are manufactured with wide range of jacketing or sheathing materials to protect its core from external damage. Polyurethane (PUR) is a thermoplastic polymer, which is used primarily as a cable jacket material. For instance, PUR is used as a sheathing material around the conductors such as copper and tin plated copper wire in electronics.

Market Dynamics:

  • Increasing demand of polyurethane cables from end-use industries such as automotive and chemical industry, can be attributed to properties offered by polyurethane. The PUR cables are halogen-free and also are flame-resistant. Moreover, they offer resistance against mineral oils, alcohol-free benzene, acids, alkalis, and other solvents and also resistance to abrasion, which makes them a suitable cable for harsh environments.
  • Polyurethane material exhibits properties similar to that of rubber, which in turn, has led to an increase in demand for PUR cables as it offers excellent flexibility and is resistant to chemicals and mechanical stress. This, in turn, is expected to drive growth of the global polyurethane cables market over the forecast period.

Market Outlook:

  • Cables manufactured with sheath of polyurethane are widely used in automotive, food & beverage, and healthcare industry. PUR cables are used as drag cables for automatic equipment and cables for robots and handling tools in manufacturing industries. In automotive industry, PUR cables are used as sensor and control cables and battery cables. In construction industry, they are used as energy cables for construction machines and tools.
  • Among end-use industries, food & beverage industry segment is expected to gain significant traction in global polyurethane cables market over the forecast period. This is owing to bacterial growth limiting properties of PUR material. Polyurethane limits growth of bacteria and other microbes which makes it suitable sheathing material for cables used in the food & beverage and pharmaceutical industry as they comply with the stringent hygiene requirements of production lines in these industries.
  • Among regions, Asia Pacific is expected to gain significant traction in global polyurethane cables market over the forecast period, owing to growth of end-use industries such as automotive in countries such as China and India. For instance, according to the statistics released by China Association of Automobile Manufacturers, in October 2019, the production and sales of commercial vehicles reached 345,000 and 340,000 units respectively in September 2019 in China, which was increased by 4.0% and 1.9% respectively year on year from September 2018.

Key players:

  • Key players operating in the global polyurethane cables market include SAB Bröckskes GmbH & Co KG, Lapp Limited, Eland Cables, Hueson Corporation, Alpha Wire, ALLIED WIRE & CABLE, INC., HARTING Technology Group, Molex, LLC, MacArtney A/S, Belden Inc., LEONI Kabel GmbH, and HELUKABEL USA

Market Taxonomy:

On the basis of cable type, the global polyurethane cables market is segmented into:

  • Screened
  • Non-screened

On the basis of end use industries, the global polyurethane cables market is segmented into:

  • Automotive
  • Chemical
  • Mining
  • Food & Beverage
  • Healthcare
  • Others (Construction, etc.)

On the basis of region, the global polyurethane cables market is segmented into:

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Middle East
    • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users