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Low smoke zero halogen describes a cable jacket material that is non-halogenated and flame retardant. This type of jacket material has excellent safety characteristics of low smoke, low toxicity and low corrosion. Globally, increase in adoption and usage of LSZH cable for newer applications and rise in awareness regarding human safety are the prime growth drivers of LSZH cable market.
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The Recent Analysis of Low Smoke Zero Halogen Cables Market with its Share, Growth, Trends, and Forecast.
Europe continues to hold the major market share for Low Smoke Zero Halogen Cable Market, while APAC witnesses the highest growth. The European Market is projected to reach $1.99 billion by 2023 at a CAGR of 6.23%. In the U.K., LSZH cables usage is boosted by the production of oil and gas industry. The increasing oil production year over year, is expected to drive the market of LSZH Cables. The key end user industries for Low Smoke Zero Halogen Cable Market in Europe region are Central Offices, Mass Transit Rail Systems, Nuclear Plants, and Oil Refineries among others. Contact : sales@industryarc.com
: In the western region of the U.S. in states such as Texas, the number of operating refineries of petroleum has increased from 26 in 2012 to 30 by 2017, and this trend is estimated to continue in the coming years as per U.S. Energy Information Administration (EIA). This increase in the number of operating refineries of petroleum is expected to provide significant opportunities for LSZH cable market in the region. Contact : sales@industryarc.com
Excerpts on Market Growth Factors: •The LSZH cables market is exhibiting strong growth owing to the search for alternatives for halogenated plastic insulation in the transportation industry. •The rising demand from the transportation sector as deployment in airports, automotive and railway sectors drives the market. Contact : sales@industryarc.com
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