The Global PET Film for Cable Market was valued at US$ 2,845 Million in 2023 and is projected to reach US$ 3,780 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024–2029). This growth is primarily driven by the accelerating global rollout of 5G networks, expansion of power transmission infrastructure, and rising demand for high-performance insulation materials in submarine and specialty communication cables.

As the world becomes increasingly interconnected, the demand for reliable, durable cable solutions is surging. At the heart of many advanced cables lies Polyethylene Terephthalate (PET) film, a critical material prized for its superior electrical insulation, mechanical strength, and thermal stability. In this blog, we profile the Top 10 Companies in the PET Film for Cable Industry—a group of material science innovators and manufacturing leaders shaping the future of global data and power transmission.

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🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Lumirror® PET Films

Toray Industries is a global leader in advanced materials, and its Lumirror® line of PET films is a benchmark for quality in the cable industry. These films are engineered for exceptional dielectric strength, dimensional stability, and resistance to moisture and heat, making them ideal for high-voltage power cables and high-frequency communication cables.

Innovation and Market Strategy:

• Continuous R&D in ultra-thin and high-thermal-grade PET films

• Strategic expansion of production capacities in Asia and North America

• Focus on sustainable production processes and recyclable material solutions

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9️⃣ 2. Polyplex Corporation Ltd.

Headquarters: Noida, Uttar Pradesh, India
Key Offering: A wide range of PET films for electrical insulation

Polyplex is one of the world’s largest producers of PET films, with a significant footprint in the cable insulation sector. The company supplies specialized films that meet stringent international standards for flame retardancy and electrical performance, catering to both power and telecommunication cable manufacturers globally.

Innovation and Market Strategy:

• Investment in metallized and coated PET films for enhanced barrier properties

• Strong focus on cost-competitive manufacturing across global facilities

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8️⃣ 3. SMP Corporation

Headquarters: Mount Kisco, New York, USA
Key Offering: Custom-engineered PET insulating tapes and films

SMP Corporation specializes in high-performance electrical insulation products, including a comprehensive range of PET films. The company is known for its custom solutions, providing cable makers with tapes and films designed for specific voltage ratings, environmental conditions, and application requirements.

Innovation and Market Strategy:

• Expertise in developing application-specific film composites

• Strong customer-centric approach with rapid prototyping capabilities

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7️⃣ 4. Gurfil

Headquarters: Istanbul, Turkey
Key Offering: BOPET films for cable wrapping and insulation

Gurfil is a key player in the Biaxially Oriented Polyethylene Terephthalate (BOPET) film market, serving the cable industry across Europe, the Middle East, and Africa. Their films are widely used for cable wrapping, providing mechanical protection and insulation for a variety of wire and cable types.

Innovation and Market Strategy:

• Focus on providing high-clarity and high-tensile-strength films

• Strategic location facilitating supply to growing EMEA markets

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6️⃣ 5. Hangzhou Juli Insulation Material Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: PET insulating film, DMD composite materials

Hangzhou Juli is a specialized manufacturer of electrical insulation materials, with PET film being a core product. The company is particularly known for its DMD (Polyester Film + Polyester Non-Woven + Polyester Film) composites, which are extensively used in motor and transformer insulation, as well as certain cable applications requiring robust laminate structures.

Innovation and Market Strategy:

• Specialization in composite insulation materials

• Strong distribution network within China’s vast electrical manufacturing sector

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5️⃣ 6. LongVision

Headquarters: Suzhou, Jiangsu, China
Key Offering: Optical-grade and insulating PET films

LongVision produces a diverse portfolio of PET films, including grades specifically designed for cable insulation. Their products are known for consistent quality and performance, serving customers in the power cable, automotive wire, and consumer electronics cable industries.

Innovation and Market Strategy:

• Integration of upstream PET resin production for quality control

• Expansion into high-growth sectors like new energy vehicle cabling

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4️⃣ 7. Polifibra

Headquarters: São Paulo, Brazil
Key Offering: PET films for the Latin American cable market

Polifibra is a leading supplier of PET films in South America, catering to the region’s growing infrastructure and telecommunications needs. The company provides essential insulation materials for power distribution cables and communication networks, supporting regional development.

Innovation and Market Strategy:

• Focus on serving the specific requirements of the Latin American market

• Commitment to local manufacturing and reducing import dependency

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3️⃣ 8. Ganapathy Industries

Headquarters: Mumbai, Maharashtra, India
Key Offering: Electrical insulation PET tapes and films

Ganapathy Industries is a well-established manufacturer of industrial tapes and films in India. Their PET film products are used for insulating and protecting wires and cables in the construction, automotive, and appliance industries, benefiting from India’s robust domestic manufacturing growth.

Innovation and Market Strategy:

• Cost-effective solutions for price-sensitive markets

• Strong distribution network across the Indian subcontinent

Download FREE Sample Report: PET Film for Cable Market – View in Detailed Research Report

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2️⃣ 9. Shandong Top Leader Plastic Packing Co., Ltd.

Headquarters: Linyi, Shandong, China
Key Offering: General-purpose and specialty BOPET films

While primarily a packaging film producer, Shandong Top Leader also supplies BOPET films suitable for cable wrapping and secondary insulation applications. The company leverages its large-scale production capabilities to offer competitive products for the wire and cable sector.

Innovation and Market Strategy:

• Economies of scale from large-volume production

• Diversification from packaging into industrial film applications

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1️⃣ 10. Garware Hi-Tech Films Limited

Headquarters: Mumbai, Maharashtra, India
Key Offering: High-performance polyester films

Garware Hi-Tech Films, part of the Garware Group, is a renowned manufacturer of specialty polyester films. Their product range includes films with excellent electrical properties used in the cable industry, supported by a strong focus on research and technological advancement.

Innovation and Market Strategy:

• Significant investment in R&D for new film technologies

• Established brand reputation for quality and reliability in industrial applications

Get Full Report Here: PET Film for Cable Market – View in Detailed Research Report

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🌍 Outlook: The Future of PET Film for Cable is Smarter and More Sustainable

The PET film for cable market is evolving rapidly, driven by technological advancements and the global push for sustainable infrastructure. While standard insulation films continue to see steady demand, the industry is innovating with high-performance grades capable of withstanding higher temperatures, higher voltages, and harsher environmental conditions.

📈 Key Trends Shaping the Market:

• Development of halogen-free flame retardant (HFFR) PET films for enhanced safety

• Increasing use in renewable energy projects, including solar farm and wind turbine cabling

• Growth of submarine cable networks for intercontinental data transmission, demanding highly durable insulation

• Rising demand for thin and lightweight films for miniaturized electronics and automotive applications

Get Full Report Here: PET Film for Cable Market – View in Detailed Research Report

The companies profiled above are not just supplying materials; they are enabling the digital and energy infrastructure that powers modern society, driving innovation from the core of the cable outward.