Asia-Pacific Sustainable Wire and Cable Market Analysis and Forecast, 2023-2032 - Rising Focus on Data Centers and Networking Systems Driving Increased Need for Adoption [Yahoo! Finance]
FURUKAWA ELEC CO LTD ADR (FUWAY)
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Source: Yahoo! Finance
Market: Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering. The Asia-Pacific sustainable wire and cable market (excluding China) was valued at $3.54 billion in 2023, and it is expected to grow at a CAGR of 21.46% to reach $20.34 billion by 2032. The market for sustainable wire and cable is expected to grow as a result of government measures to cut carbon emissions, customer demand for eco-friendly products, and the growing acceptance of environmental regulations. The APAC wire and cable industry is undergoing a transformative shift, driven by sustainability concerns, environmental regulations, and technological advancements. Essential in sectors like renewable energy, construction, telecommunications, and healthcare, the market witnesses a growing emphasis on eco-friendly practices. The demand for energy-efficient solutions, particularly in construction and infrastructure, fuels the adoption of sustainable cables. Innovations like recy
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