NEWS

In 2018, the consumption of cables in the world will reach 18.9 million tons

2018.12.06

In 2018, the wire and cable of the world market value will continue to grow. 

China is expected to grow from 3.5 percent to 6.5 million tons. India will continue to grow about 7 percent to 1.2 million tons, the gulf cooperation council and Turkey will account for 1.2 million tons, asean will account for 900 thousand tons, Africa will account for 700 thousand tons, and South America will account for 600 thousand tons.

Among so many countries, India, the Middle East, South America and these emerging markets’ cable increase rapidly. It is estimated that China, India and northeast Asia account for nearly 50% of the global consumption of power cables.