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“Rapid population growth, unprecedented expansion of the construction sector and industrial projects and billions of dollars of government and private investments in the GCC infrastructure had led to spiralling growth in the construction industry, and thereby, had increased the demand for power in the region.
Integer estimates the total Wire & Cable demand in Brazil in 2010 reached US$2.3 billion, a 45% year-on-year increase from the 2009 low point.
The recent growth in wire & cable demand in Brazil is creating new market opportunities for foreign exporters, as demand outstrips local supply.
It is not clear what the final outcome will be in Libya, but it would appear that the regime of Muammar Gaddafi is not likely to survive through August 2011. The Arab Spring, or range of Arabic Rebellions that swept through the Middle East and North Africa in December 2010 and then through 2011 changed the regimes in Tunisia, Egypt and now finally Libya.
China has become the leading market in the world for wire and cable and is now the largest producer and consumer worldwide, in line with the extraordinary growth of the Chinese economy.
Over the last decade there has been a solid recovery in the demand for fibre optic cable. In 2010 global demand for fibre optic cable reached 182 million fibre-km.
“There are now more than 450 significant producers in India…and the market is expected to reach US $5.8 billion in 2010. Yet, many cablemakers are still struggling to see where the key opportunities are to make money”
