United States & Asia Low Smoke Halogen-Free Cable Materials Market

May 2019| VMF080A| Verified Market Research

Report Highlights

United States & Asia Low Smoke Halogen-Free Cable Materials Market Segmentation On The Basis Of Elevator Type, Service, Geography And Forecast To 2026

According to Verified Market Research, the United States & Asia Low Smoke Halogen-Free Cable Materials Market was valued at USD 278.77 Million in 2018 and is expected to witness a growth of 7.0% from 2019-2026 and reach USD 473.03 Million by 2026.

Low smoke halogen free cables can increase human safety as they emit less toxic and corrosive gas during combustion, especially when in comparison to traditional cable insulation and sheathing materials. Low smoke halogen free cables were initially intended for installation in small, confined spaces where the risk of corrosion and toxicity from smoke generated in a fire by legacy cables would be particularly problematic.

Currently, low smoke halogen free cables alternatives are available for data and telecom cables, fiber optic cables and appliance wires and cables. The absence of halogenated materials makes low smoke halogen free cables a reasonable choice for new construction projects where environmental and sustainability considerations are involved.

While factors such as the potential for low smoke halogen cables to increase human safety as well as the increasing applications of the cables in various industries are aiding the growth of the market, there is also increased confusion among both cable manufacturers and cable buyers regarding not only the terminology around these products, but also which standards can be used to satisfactorily evaluate and test those cable products and cable components purporting to be low-smoke and halogen free.

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