Global Insulated Wire and Cable Market Forecasts Steady 5.1% CAGR Growth by 2030
Global Insulated Wire and Cable Market Set to Reach USD 297.95 Billion by 2030 Surging Demand from Construction and Automotive Industries Accelerates Market Growth Summary: The global insulated wire and cable market is expected to grow significantly, from USD 210.34 billion in 2023 to USD 297.95 billion by 2030, at a projected CAGR of 5.1%. This growth is fueled by rapid infrastructure development, rising energy demand, and technological advancements in material durability and performance.
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