Global Fiber Optic Cable Materials Market: Overview
Fiber
optic cables are used for digital transmission of data, as they are hardly
affected by internal and external interferences. Fiber optic cable can be made
of high quality glass (silica) or plastics. Fiber optics cable materials cover
a range of applications such as communication, fiber optic sensors,
illumination, and medical. Fiber optic cable comprises a core, which is
surrounded by a cladding. The core and cladding are generally fused silica
glass, which is covered by plastic coating that protects the glass fiber from
harsh environments such as moisture and chemicals. Fiber optic cable made of
glass is used widely in communication applications. In single mode fiber optic
cable, there is only one path for light take down the cable and in multimode, there
is more than one path. Compared to metal wires, fiber optic cables have
advantages such as broad bandwidth (completely independent of the cable size),
electrical insulator, immunity to electromagnetic interference, low induced
noise and cross talks, and low attenuation loss over long distances.
Global Fiber Optic Cable Materials Market: Drivers
Rise in
demand from the communication sector is driving the global
fiber optic cable materials market. Demand for applications such as
telecom as well as sensors has been rising. This is anticipated to propel the
fiber optic cable materials market in the near future. Increase in awareness
about data security during transmission is the key driver of the fiber optic
cable materials market. Furthermore, rise in demand for internet is boosting
the fiber optic cable materials market. Growth in applications such as cloud
computing, data storage, and Internet of Things can also be considered key
driver of the fiber optics cable materials market. Advancements in technology
and growth in demand for Internet are potential opportunities identified in the
fiber optic cable materials market.
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Global Fiber Optic Cable Materials Market: Key Segments
Based on
type, the fiber optic cable materials market can be classified into glass,
plastic, fluoride, and phosphates. Materials used for commercialized fiber
optic cables include glass or silicone oxide, plastic, or combination of both.
Plastic optical fibers have the advantage of being made of cheaper materials
than glass. They can also be operated in a visible range of the electromagnetic
spectrum. The buffer tube of the fiber optic cable is made either of silicon or
epoxy resin. Polyurethane can be added for the cushioning purposes. As an
external protective layer, PVC and polyurethane can be used. In terms of
end-use application, fiber optic cable materials market can be segmented into
electronics & communication (telecom, television, broadband, and data
networks), commercial (buildings, premises, offices, etc.), defense, and health
care.
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The global
fiber optic cable materials market witnessed strong growth in 2017. This trend
is estimated to continue during the forecast period. North America and Europe
are the key regions expected to exhibit significant growth owing to the rise in
demand from metrology, power transmission, electronic automation, data
transmission and defense sectors. Asia Pacific is estimated to exhibit
relatively high growth in the near future; China is the key consumer of fiber
optic cable materials market. Countries such as Japan, South Korea, Taiwan, and
Singapore are also contributing significantly to the global fiber optic cable
materials market. Increase in awareness about the health care sector is
anticipated to offer lucrative growth opportunities for Latin America and
Middle East & Africa.
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Global Fiber Optic Cable Materials Market: Key Players
Key
players operating in the global Fiber Optic Cable Materials Market include
Shin-Etsu Chemical, Molex, SCHOTT AG, and Draka.
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