The wire and cable industry might be mature, but there are still plenty of growth markets, including telecommunications, construction, and automotive. But prices for steel, copper, and metals will be heavy directional influencers.

Raw material volatility poses among the greatest threats to stable prices and production costs in many cable and wire markets, experts say. But positive news in the construction and telecommunications sectors, upon which much of the growth of these markets depends, promises to keep prices steady in the next few years.

Cable and wire markets are incredibly diverse and broad, with their biggest end-users being telecommunications and power companies. Their applications are ubiquitous across so many industries, including commercial and residential construction. Some of the most common components include rubber, copper, aluminum, and various plastics, including thermoplastic and thermosets. These markets are characterized by a vast and diverse range of manufacturers and suppliers across the world.