From 2019 to 2027, the global LSZH cable market will grow at a compound annual rate of 10.7%

The Insight Partners, an international market research institution, recently released a report that the compound annual growth rate of the global LSZH cable market from 2019 to 2027 is about 10.
7%.

According to the report, the increasing safety requirements of residential, commercial, and industrial buildings based on infrastructure projects are the major factors
contributing to the stable growth of this market.
At the same time, strict fire regulations are being established globally to drive the overall growth
of the LSZH cable market.
Most developed and developing economies have strict fire regulations in place for the construction of new buildings to ensure occupant safety
.
Governments in countries such as the United States, Australia, Canada, Mexico, the United Kingdom, Germany, Spain, Italy, China, Japan, and India have strict regulations
in place.
Regulations across the globe are expected to positively
impact the growth of the LSZH cable market.

Polymeric materials used earlier to enhance the flame retardant properties of cables pose a serious fire hazard
in the event of a fire.
These added substances emit smoke, which is highly toxic and corrosive
when exposed to fire.
Halogens released when exposed to fire tend to react with hydrogen and form hydrogen
halide.
In addition, when these hydrogen halides are mixed with water, they can lead to the formation of toxic acids, which can lead to catastrophic damage
to the entire cable infrastructure.
Cables containing halogenated materials are also responsible for the formation of carbon monoxide (CO) gas during combustion, which further increases the risk
.
The use of LSZH cables eliminates such risks and provides greater safety
against any catastrophic damage.

Regionally, Europe is the leading regional market and is expected to be the highest revenue source
for the LSZH market throughout the forecast period.
The European Association has introduced industry testing standards that can compare the halogen and smoke content of measured cables, which is expected to power the LSZH cable market in the region
.

By type, the global LSZH cable market is dominated
by the unshielded segment segment.
However, during the forecast period, the shielded segment of the LSZH cable market is expected to replace the dominance that has grown rapidly over the years
.
These shielded or shielded cables are suitable for long cable applications
.
Because cables reduce the interference effect of electromagnetic performance, they are widely used in areas with
high signal integrity.

The LSZH cable market is segmented on the basis of insulation material, including polypropylene (PP), polyethylene (PE), thermoplastic polyurethane (TPU), and others
.
The global LSZH cable market will continue to be dominated by polypropylene during the forecast period
.