Special cable to become the market new impetus

　　Expert analysis of the 2014 to 2019 the global wire and cable market, and is expected to appear no higher than 3% of moderate and stable growth. Experts pointed out that small economies will provide more opportunities, such as the Philippines will appear 10 percent growth, Bangladesh will also be 8% growth rate, Africa, Libya and even the growth rate will be 26 percent, despite the war constraints impact on economic growth, Africa is still a power and construction industry rapid development of the market, so the demand for wire and cable will also achieve strong growth.

　　Experts said that Africa Libya, Nigeria and Morocco are expected to be the next fiveCustom cableyears to achieve strong growth in the wire and cable industry's major markets. The Middle East, Iraq may also have 6% growth rate, but the market will still be less than the size of Diamond Shikoku. Arab countries or institutions, particularly the Gulf Cooperation Council will continue to promote Medical cablethe introduction of the policy infrastructure. Of course, if international oil prices remain below $ 80 / barrel level, the Middle East economy is also at risk.

　　At present, China has become one of the world's largest wire and cable consumption country. In 2013 the amount of China's wire and cable production accounted for 26% of global production of wire and cable, but there are still relatively large room for growth in the next decade, Composite cableChina's high-end wire and cable market share will continue to grow.