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Fire Resistant Cable Market to Reach USD 15.2 Billion by 2031, Driven by Safety Regulations and Smart Infrastructure Growth | Valuates Reports

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BANGALORE, India, April 11, 2025 /PRNewswire/ — Fire Resistant Cable Market is Segmented by Type (XPLE, LSZH, PVC, EPR), by Application (Building & Construction, Automotive & Transportation, Manufacturing, Energy).

 

The Global Market for Fire Resistant Cable was valued at USD 11900 Million in the year 2024 and is projected to reach a revised size of USD 15190 Million by 2031, growing at a CAGR of 3.6% during the forecast period.

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Major Factors Driving the Growth of Fire Resistant Cable Market:

The Fire Resistant Cable Market is on a firm growth trajectory, underpinned by tighter regulations, urbanization, and heightened awareness of life‑safety requirements. Material innovations such as nano‑clay reinforced LSZH and cross‑linked polyolefins extend performance envelopes, enabling cables to meet rising temperature and toxicity thresholds. Multi‑industry demand—from construction and transport to data centers and renewables—diversifies revenue streams, reducing cyclicality. Consolidation among cable manufacturers and vertical integration into compound production improve economies of scale and margin resilience. With governments and insurers aligning incentives toward safer infrastructure, fire‑resistant cabling transitions from niche specification to default choice, securing long‑term market expansion.

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TRENDS INFLUENCING THE GROWTH OF THE FIRE RESISTANT CABLE MARKET: 

Cross‑linked polyethylene has become a cornerstone material in fire‑resistant cables because its three‑dimensional molecular network enhances thermal stability, dielectric strength, and mechanical integrity. During a fire, XLPE maintains insulation properties at temperatures exceeding 250 °C, preventing short circuits and preserving circuit continuity for critical systems such as emergency lighting, sprinkler pumps, and alarm loops. XLPE’s resistance to chemical attack and moisture ingress extends cable life in demanding industrial and marine environments, reducing maintenance costs and downtime. Regulatory bodies in Europe and Asia now specify XLPE for high‑rise buildings, tunnels, and offshore platforms, driving steady procurement volumes. Consequently, material suppliers and cable manufacturers alike experience revenue growth, amplifying overall Fire Resistant Cable Market expansion.

Low Smoke Zero Halogen sheathing compounds emit minimal opaque smoke and non‑corrosive gases when exposed to flame, protecting occupants and sensitive electronics from toxic inhalation and acid damage. Stricter building codes following high‑profile fires in London, Dubai, and Shanghai mandate LSZH cabling in public infrastructure, hospitals, and transportation hubs. Telecom operators also favor LSZH for data centers to safeguard servers and optical equipment. The shift from PVC to LSZH drives new formulation development, spurring demand for specialized additive packages and extrusion lines. As retrofit projects and green‑building initiatives accelerate worldwide, LSZH adoption underpins significant incremental revenues, reinforcing upward momentum in the Fire Resistant Cable Market.

Urbanization and vertical construction trends compel architects and engineers to specify fire‑resistant cables for life‑safety circuits within skyscrapers, airports, and metro systems. National codes such as NFPA 70, BS 8519, and IEC 60331 require cables to maintain circuit integrity for designated durations under direct flame. High‑occupancy structures rely on these cables to power evacuation systems, smoke extraction fans, and emergency elevators. The construction boom across Asia‑Pacific, the Middle East, and Africa therefore creates a large, recurring demand base. Simultaneously, renovation of aging European and North American buildings to meet updated safety standards fuels replacement sales. Building & construction thus serves as the most influential end‑use segment, propelling Fire Resistant Cable Market growth.

Governments worldwide continue tightening fire‑safety standards in response to catastrophic incidents, compelling industries to adopt certified fire‑resistant cabling solutions. Updated versions of NFPA 130, EN 45545, and IEC 60332 impose stricter flame‑spread, smoke density, and toxicity thresholds. Non‑compliant installations face legal liabilities, insurance penalties, and reputational damage, motivating stakeholders to switch proactively. Certification labs expand testing capacity, while cable makers invest in upgraded formulations and process controls to secure compliance marks. The regulatory ratchet functions as a predictable, long‑term demand driver, stabilizing revenue streams and encouraging new product development within the Fire Resistant Cable Market.

Rapid transit systems require thousands of kilometers of power, control, and signaling cables that must remain operational during tunnel fires to enable safe evacuation and communication. Countries such as India, China, and Egypt are commissioning extensive metro lines, while Europe upgrades legacy networks with driverless technology. Fire‑resistant cables with low‑smoke insulation and rodent protection become mandatory under EN 45545 and local standards. Long project lead times translate into multi‑year procurement contracts, providing visibility for manufacturers and raw‑material suppliers. The sustained build‑out of mass‑transit infrastructure therefore contributes a reliable growth pillar for the Fire Resistant Cable Market.

Hyperscale and colocation data centers house dense racks of servers and lithium‑ion UPS systems that pose significant fire risks. Operators deploy fire‑resistant, LSZH‑sheathed cables to minimize smoke damage and ensure uptime, aligning with ISO 27001 and SOC 2 continuity requirements. Stringent service‑level agreements penalize downtime, incentivizing premium cabling solutions that guarantee circuit integrity under extreme heat. Edge‑computing micro‑data centers in urban locations further expand the addressable market. Capital expenditures by cloud providers thus generate a high‑margin demand stream for specialized fire‑resistant cables, reinforcing market expansion.

Solar farms, offshore wind turbines, and battery‑energy storage systems expose cables to high currents, UV radiation, and potential arc‑fault events. Fire‑resistant, halogen‑free cables mitigate catastrophic losses by maintaining connectivity between inverters, transformers, and monitoring equipment during thermal runaway. International standards such as IEC 61730 and UL 1703 incorporate fire‑performance clauses, pushing renewable developers toward certified cabling. The accelerating global transition to clean energy therefore opens new verticals for cable makers, diversifying revenue beyond traditional construction and industrial segments.

Property insurers increasingly scrutinize fire‑safety measures, offering favorable premiums for facilities that install certified fire‑resistant cables. Conversely, failure to comply with updated codes can invalidate coverage or trigger punitive deductibles. This financial lever accelerates adoption across commercial real estate, healthcare, and hospitality sectors. Legal precedents holding building owners liable for inadequate safety systems intensify risk aversion, prompting proactive retrofits. Insurance‑driven incentives therefore amplify sales of compliant cable products, enhancing overall market velocity.

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FIRE RESISTANT CABLE MARKET SHARE:

Global Flame Retardant Cable key players include Nexans, Prysmian, Keystone Cable, Axon’Cable, Leoni AG, etc. Global top five manufacturers hold a share over 35%. Europe is the largest market, with a share over 25%, followed by North America and China, both have a share over 40% percent.

In terms of product, Low-smoke Halogen-free Flame-retardant Cable is the largest segment, with a share over 70%. And in terms of application, the largest application is Buildings, followed by Power Plant and Manufacturing Factory.

Key Companies:

Prysmian GroupNexans S AKeystone CableGeneral CableNKTLeoniLS Cable & SystemEL Sewedy ElectricUniversal Cable (M) BerhadTratosJiangnan GroupDubai Cable CompanyTele-Fonika KableTianjin Suli Cable

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          Fire Safety Cable Market was valued at USD 184 Million in the year 2024 and is projected to reach a revised size of USD 274 Million by 2031, growing at a CAGR of 6.0% during the forecast period.

–          Low Voltage Halogen-Free Environmentally Friendly Fire-Resistant Cable Market

–          Flame Retardant Armored Cables Market was valued at USD 92.1 Million in the year 2024 and is projected to reach a revised size of USD 131 Million by 2031, growing at a CAGR of 5.2% during the forecast period.

–          Fire Protection Coating for Cable Market

–          Mica Tape for Flame Resistant Cable Market

–          Wire & Cable Market was valued at USD 110130 Million in the year 2024 and is projected to reach a revised size of USD 158320 Million by 2031, growing at a CAGR of 5.4% during the forecast period.

–          Silicone Cable Market was valued at USD 3964 Million in the year 2024 and is projected to reach a revised size of USD 5371 Million by 2031, growing at a CAGR of 4.5% during the forecast period.

–          Power-limited Circuit Cable Market was valued at USD 114 Million in the year 2024 and is projected to reach a revised size of USD 155 Million by 2031, growing at a CAGR of 4.6% during the forecast period.

–          LSZH (Low Smoke Zero Halogen) Cables Market

–          Firestop Material market was valued at USD 2418 Million in 2023 and is anticipated to reach USD 3569 Million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.

–          Fire Protection Materials market size is expected to reach USD 2929.3 Million by 2029, growing at a CAGR of 3.6% from 2023 to 2029.

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ADX welcomes Morgan Stanley as the first international investment bank Remote Trading Member, expanding global access to Abu Dhabi’s capital markets

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ABU DHABI, UAE, May 5, 2026 /PRNewswire/ — The Abu Dhabi Securities Exchange (ADX) Group today announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member — enabling Morgan Stanley’s clients to access the ADX directly.

This milestone strengthens ADX’s global connectivity and supports growing international institutional demand for exposure to UAE markets. It also reinforces its position as one of the world’s fastest-growing exchanges by market capitalization, while highlighting the market’s continued progress in depth, liquidity, and inclusion in major global indices.

Remote membership enables Morgan Stanley to provide its clients with direct market access to the ADX, with trading conducted via the firm’s global trading platform. The ADX continues to play a pivotal role in advancing Abu Dhabi’s long-term economic ambitions, as a mechanism for a diversified, innovation-led, knowledge-based economy.

Morgan Stanley’s direct trading access to ADX reflects the strength of Abu Dhabi’s investment proposition and the continued institutionalization of UAE capital markets. Morgan Stanley’s membership will enhance execution quality, optimize order routing, and provide greater control across the end-to-end trade lifecycle, delivering an advanced trading experience for global investors.

The structure follows a proven international access model used by Morgan Stanley and is designed to meet growing client demand for efficient, transparent, and seamless access to ADX-listed opportunities.

Abdulla Salem Alnuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX) Group, said: “This marks a significant step in advancing our ambition to be a leading financial marketplace that drives opportunity and sustainable economic growth. This momentum is reflected in the strong foreign investor participation, with trading value exceeding 85 billion dirhams in the first quarter of 2026 up by 22% year on year. This performance underscores the growing depth and global relevance of our market, while reinforcing our commitment to expanding international access, strengthening cross-border connectivity, and building a world-class market infrastructure that attracts global capital, supports a diverse range of issuers and contributes to Abu Dhabi’s long-term economic prosperity.”

Patrick Delivanis, Regional Co-Head of MENA at Morgan Stanley, said: “Becoming a Remote Trading Member of ADX reflects our focus on providing clients with efficient, seamless access to Abu Dhabi’s capital markets through our market–leading trading platform. We see continued momentum in the institutionalization and international participation of UAE markets, and we’re pleased to support that evolution by enabling international investors to access opportunities in MENA with direct connectivity to local markets, alongside greater transparency and control across the trading lifecycle.”

Morgan Stanley’s participation aligns with ADX’s strategy to strengthen international connectivity, with remote memberships selectively offered to global firms to attract high-quality cross-border liquidity. The announcement builds on the ADX’s expansion momentum: in 2025, foreign investment rose by nearly 14% and institutional trading increased by 10% year on year. Subject to final operational readiness, Morgan Stanley expects to begin trading as a remote member in the coming weeks.

About Abu Dhabi Securities Exchange (ADX)

The Abu Dhabi Securities Exchange (ADX) was established on 15 November 2000 pursuant to Local Law No. (3) of 2000, which granted the exchange legal rights with independent financial and administrative status, as well as the necessary supervisory and executive powers necessary to carry out its functions. On 17 March 2020, the ADX was converted from a public entity into a Public Joint Stock Company (PJSC) in accordance with Law No. (8) of 2020.

The ADX Group, a market infrastructure group comprising the exchange (ADX) and its post-trade ecosystem, including its wholly owned subsidiaries AD Depository and AD Clear, was established. Through its integrated and globally aligned business structure, the ADX Group supports efficient, transparent, and resilient capital markets across trading, clearing, settlement, and custody.

The Group provides an efficient and regulated marketplace for the trading of securities, including equities issued by public joint-stock companies, bonds issued by governments and corporations, exchange-traded funds (ETFs), and other financial instruments approved by the UAE Capital Market Authority.

The ADX is the second-largest exchange in the Arab region by market capitalization. Its strategy of delivering stable financial performance through diversified revenue streams is aligned with the UAE’s national development agenda, “Towards the Next 50”, which aims to build a sustainable, diversified, and high-value-added economy.

For more information, please contact:
Abdulrahman Saleh ALKhateeb
Manager of Corporate Communication
Abu Dhabi Securities Exchange (ADX)
Mobile: +971 (50) 668 9733
Email: ALKhateebA@adx.ae

 

 

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SOURCE Abu Dhabi Securities Exchange (ADX)

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Geotab integrates Polestar vehicles into its OEM telematics network

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Fleet operators across North America, Europe, and APAC can now access Polestar vehicle data directly in MyGeotab — no aftermarket hardware required.

LONDON, UK, May 5, 2026 /PRNewswire/ — Geotab, a global leader in connected vehicle and asset management solutions, today announced the integration of Polestar vehicles into its OEM telematics network, giving commercial fleet operators seamless access to Polestar data within MyGeotab from day one — with no aftermarket hardware installation required. The integration is available globally across North America, Europe, and Asia Pacific, supporting all Polestar models.

Developed in collaboration with Geotab, among other telematics service providers, Polestar Fleet Telematics integrates directly into MyGeotab. The Geotab integration enables fleet managers to manage Polestar vehicles alongside all other makes and models on a single unified platform — without fitting additional devices.

Connected vehicle data where it matters most

Through Polestar Fleet Telematics, fleet operators gain near-real-time access to a comprehensive dataset — covering EV battery and charging status, location, tyre information, vehicle security, maintenance alerts, and climate data — flowing directly from Polestar’s connected vehicle architecture into MyGeotab, with no physical installation required.

This breadth of data enables fleet managers to move from reactive to proactive operations — scheduling maintenance before failures occur, optimising charge planning across depots, and maintaining duty-of-care oversight across the entire fleet.

Supporting Europe’s Mixed-Fleet Reality

OEM-embedded telematics removes the need for aftermarket device installation across mixed-manufacturer fleets, reducing logistical overhead and supporting compliance with works council and GDPR requirements — a critical consideration for European fleet operators.

“Polestar Fleet Telematics combines sustainability with intelligence, integrating seamlessly with Geotab to deliver these capabilities directly into the platforms fleet operators trust. Continuous data visibility enables more efficient and informed fleet operations, from day-to-day management to long-term planning. By leveraging Polestar vehicles’ embedded connectivity, fleet managers can make smarter, data-driven decisions — without adding hardware or complexity to their operations.” said Emma Knapp, Manager of Global Key Accounts at Polestar.

Polestar joins an OEM telematics network that already spans over 80% of leading global vehicle manufacturers by fleet market share, including BMW Group, Ford, Stellantis, Volkswagen Group, and Volvo Cars. For fleet operators already using MyGeotab, Polestar vehicles can be connected and deliver data without any additional hardware or installation.

“OEM-embedded telematics represents a change in how fleet data reaches the platform — and Polestar’s connected vehicle architecture makes this integration particularly well-suited for markets that are seriously considering transitioning to electric vehicles.” said Christoph Ludewig, Vice President OEM Global at Geotab. “Fleet operators managing mixed EV and internal combustion engine fleets no longer need separate tools or hardware for each vehicle type. Polestar data flows directly into MyGeotab alongside every other vehicle in the fleet — giving operators the consolidated visibility they need to drive efficiency, support duty of care, and manage their EV transition with confidence.”

Global Availability

The integration is available now across North America, Europe, and Asia Pacific, supporting all Polestar models. Fleet managers can activate the service via the Geotab Marketplace or by contacting their Geotab representative.

About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.

About Geotab

Geotab is a global leader in connected vehicle and asset management solutions, with headquarters in Oakville, Ontario and Atlanta, Georgia. Our mission is to make the world safer, more efficient, and sustainable. We leverage advanced data analytics and AI to transform fleet performance and operations, reducing cost and driving efficiency. Backed by top data scientists and engineers, we serve approximately 100,000 global customers, processing 100 billion data points daily from more than 5 million vehicle subscriptions. Geotab is trusted by Fortune 500 organisations, mid-sized fleets, and the largest public sector fleets in the world, including the US Federal government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, ecosystem of outstanding partners, and Geotab Marketplace deliver hundreds of fleet-ready third-party solutions. This year, we’re celebrating 25 years of innovation. Learn more at www.geotab.com/uk and follow us on LinkedIn or visit our blog.

GEOTAB and GEOTAB MARKETPLACE are registered trademarks of Geotab Inc. in Canada, the United States and/or other countries.

Media Contact: Geotab Contact, Romina Dashghachian, Strategic Communications Lead, EMEA, pr@geotab.com

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IDX Opens Geneva Office and Strengthens Global Data & Insights Capability

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New Swiss presence and specialist team integration support growing global demand for evidence-based, defensible communications strategies

LONDON, May 5, 2026 /PRNewswire/ — IDX today announced the opening of its new Geneva office and the integration of a specialist Data & Insights team, strengthening the company’s international footprint and expanding its ability to help clients worldwide build communications strategies grounded in evidence, market intelligence and audience insight.

The expansion gives IDX an on-the-ground presence in Switzerland while adding further depth to its Data & Insights capability. The Geneva-based team will work closely with IDX specialists across performance marketing and corporate communications, helping clients develop a clearer view of the markets they operate in and the forces shaping their growth.

The move aligns with Destination 250 – Customers First, IDX’s global strategy to grow its team by 250, focused on deepening client value, strengthening delivery and investing in the capabilities that matter most to clients.

The investment strengthens the Data pillar of IDX’s Connected Content™ model, which combines Creative, Data, Technology and Media to create what IDX calls The Multiplier Effect, helping clients multiply what matters through more connected, measurable and effective work.

“IDX is experiencing phenomenal growth, and our new Geneva office gives us boots on the ground to better serve clients across Europe and globally across performance marketing, investor relations and corporate communications,” said Crispin Beale, Worldwide CEO, IDX. “Data has been at the heart of this business for decades, and this centre of excellence reflects our continued investment in that capability. It’s an incredibly exciting time for IDX, and I look forward to the next phase of our growth as we continue to expand globally.”

“This is an exciting step in IDX’s growth story and a clear response to what clients are asking for: more evidence-based thinking, stronger market context and clearer rationale behind their communications strategies,” said Chris Corrigan, Chief Customer Growth Officer, IDX. “Our new presence in Geneva, combined with deeper Data & Insights expertise, strengthens the way we support clients globally, giving them earlier access to the insight and market context they need to make better-informed decisions and turn evidence into action.”

The Geneva office will strengthen relationships with existing clients in the region, support re-engagement with former partners and create new opportunities for IDX with organisations operating across European and global markets. It reflects IDX’s continued investment in the capabilities that matter most to clients as communications, marketing and corporate reputation work become increasingly data-led and commercially accountable.

“IDX’s integrated offer across insights, performance marketing and corporate communications, powered by the combination of human intelligence, advanced technology and AI, represents exactly where the industry is heading,” said Lonneke de Roo, Head of Data & Insights, IDX. “I am delighted to join the business and help clients navigate increasingly complex markets with clearer evidence, sharper insight and more connected strategies.”

ABOUT IDX  

IDX is a global strategic communications and marketing agency, headquartered in London with offices around the world, including New York, London, Phoenix, Helsinki, Gothenburg, Geneva, and Vadodara. Working with more than 1,600 clients across sectors, IDX combines deep industry knowledge with a data-first mindset to help ambitious brands thrive in complex, fast-moving markets. The firm specialises in performance marketing, investor relations, and stakeholder engagement, delivering integrated campaigns that drive meaningful business outcomes. Visit www.idx.inc to learn more.

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