The global oil & gas cables market is expected to grow at a significant CAGR during the forecast period 2021-2027. Oil & gas is a major industrial vertical and contributes as the largest source of energy among others due to its economic cost and high efficiency. The cables integrated with the oil & gas vertical is mainly used to develop a link to gain enhanced, secure and resistant operations employed in oil & gas industrial verticals. The cables have emerged with high resistance against fire, oil, sunlight and are applicable to provide mechanical protection and continuous flow for the material.
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The growing demands for sunlight resistance, continuous flex, mechanical protection and mainly oil resistance cables among others owing to the rising adoption of oil & gas cables. These features are projected to witness ample growth opportunities for the market and contribute as a market driver for the global oil & gas cables market during the estimated forecast.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Oil & Gas Cables Market by Segment
By Cable Type
o Variable Frequency Drive
o Fibre optics
o Copper
o Type P
o Type E
o Others
By Sheath Material
o Polyethylene
o Polyvinyl Chloride
o Thermoplastic Elastomer
o Fluorinated Ethylene Propylene
o Others
By Application
o Pump Equipment
o Drilling
o Pipeline Management
o Refineries
o Process Control
o Data Communication
Global Oil & Gas Cables Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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