Top 10 Companies in the Wire Compound and Cable Compound Market (2026): Innovation Leaders Powering Global Connectivity

In Business Insights
January 30, 2026


The Global Wire Compound and Cable Compound Market was valued at USD 879.02 Million in 2023 and is projected to reach USD 1,326.58 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.10% during the forecast period (2024–2029). This robust growth is fueled by accelerating infrastructure development, rising demand for high-performance cables in telecommunications and power transmission, and the increasing adoption of low-smoke, zero-halogen (LSZH) and other advanced flame-retardant materials for enhanced safety.

As the backbone of modern electrical and data infrastructure, wire and cable compounds are critical for enabling connectivity, energy distribution, and digital transformation. The companies leading this market are driving innovation in material science to meet stringent safety standards, improve durability, and support the transition to a greener economy. In this blog, we profile the Top 10 Companies in the Wire Compound and Cable Compound Industry—a diverse group of chemical giants and material specialists shaping the future of global connectivity.


🔟 1. E. I. Du Pont De Nemours and Company (DuPont)

Headquarters: Wilmington, Delaware, USA
Key Offering: Engineering thermoplastics, Specialty compounds including LSZH and high-temperature grades

DuPont is a global leader in high-performance materials, offering a comprehensive portfolio of wire and cable compounds designed for demanding applications. Their solutions are renowned for durability, flame retardancy, and electrical properties, serving industries from automotive to telecommunications.

Innovation & Sustainability Initiatives:

  • Development of advanced halogen-free flame retardant (HFFR) compounds

  • Focus on recyclable and bio-based materials

  • Strong R&D investment in next-generation polymer technologies

Download FREE Sample Report: Global Wire Compound and Cable Compound Market – View in Detailed Research Report


9️⃣ 2. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty polymers, High-performance polyamides, Halogen-free solutions

Solvay provides a wide range of advanced materials for the wire and cable industry, with a strong emphasis on sustainability and performance. Their products are used in applications requiring high thermal stability, mechanical strength, and resistance to harsh environments.

Innovation & Sustainability Initiatives:

  • Pioneering in circular economy solutions for polymers

  • Expanding portfolio of green products with lower environmental impact


8️⃣ 3. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Polyamide 12 (PA12), VESTAMID® compounds, Specialized additives

Evonik is a key player in high-value specialty chemicals, particularly known for its VESTAMID® polyamide 12, which is critical for producing durable, flexible, and oil-resistant cables. Their materials are essential for automotive, industrial, and offshore applications.

Innovation & Sustainability Initiatives:

  • Investment in bio-based and recycled content materials

  • Development of compounds for high-voltage electric vehicle cables


7️⃣ 4. Borouge

Headquarters: Abu Dhabi, UAE
Key Offering: Borstar® enhanced polyethylene, Polypropylene compounds

Borouge, a joint venture between ADNOC and Borealis, is a leading provider of innovative polyolefin solutions. Their wire and cable compounds are widely used in energy, infrastructure, and industrial applications across Asia, the Middle East, and Africa.

Innovation & Sustainability Initiatives:

  • Focus on developing solutions for power grid modernization

  • Commitment to circular economy principles and sustainable production

Download FREE Sample Report: Global Wire Compound and Cable Compound Market – View in Detailed Research Report


6️⃣ 5. PolyOne Corporation (Now Avient Corporation)

Headquarters: Avon Lake, Ohio, USA
Key Offering: Color and additive masterbatches, Engineered thermoplastics, LSZH compounds

Avient (formerly PolyOne) is a premier provider of specialized polymer materials, services, and solutions. Their wire and cable segment offers a broad array of color concentrates and performance compounds that enhance safety, functionality, and aesthetics.

Innovation & Sustainability Initiatives:

  • Leadership in sustainable material solutions, including reSound™ recycled polymers

  • Extensive global technical support and formulation expertise


5️⃣ 6. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Tritan™ copolyesters, Engineering thermoplastics, Specialty compounds

Eastman develops advanced materials that provide superior performance for wire and cable applications. Their products are known for excellent clarity, toughness, and resistance to chemicals and UV radiation.

Innovation & Sustainability Initiatives:

  • Advanced recycling technologies to create materials from plastic waste

  • Innovation in materials for high-speed data transmission cables


4️⃣ 7. Exxon Mobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Polyethylene (PE) and Polypropylene (PP) compounds, Vistamaxx™ performance polymers

ExxonMobil is a major supplier of base polymers and compounds used extensively in insulation and jacketing for wires and cables. Their materials are crucial for power distribution, telecommunications, and building wiring.

Innovation & Sustainability Initiatives:

  • Developing advanced polymers for renewable energy applications

  • Focus on reducing the carbon footprint of their products


3️⃣ 8. Hanwha Chemical Corporation

Headquarters: Seoul, South Korea
Key Offering: PVC compounds, Polyethylene, Polypropylene compounds

Hanwha Chemical is a leading chemical company in Asia, producing a wide range of compounds for the wire and cable industry. They are a key supplier for the region’s rapidly growing construction, automotive, and electronics sectors.

Innovation & Sustainability Initiatives:

  • Expansion of eco-friendly and non-toxic compound portfolios

  • Investment in R&D for high-performance materials


2️⃣ 9. SCG Chemicals Co., Ltd.

Headquarters: Bangkok, Thailand
Key Offering: HDPE, LDPE, LLDPE, PVC compounds

SCG Chemicals is a major ASEAN player, providing essential polymer compounds for the region’s infrastructure development. Their products are used in a variety of cable types, from building wires to power transmission lines.

Innovation & Sustainability Initiatives:

  • Strong focus on developing green polymers

  • Initiatives for circularity and reducing plastic waste


1️⃣ 10. Trelleborg AB

Headquarters: Trelleborg, Sweden
Key Offering: Specialty polymer solutions, High-performance elastomers, Thermoplastic compounds

Trelleborg’s engineered coated fabrics operation provides sophisticated polymer solutions for demanding cable applications, including offshore, marine, and industrial sectors where extreme conditions require exceptional material performance.

Innovation & Sustainability Initiatives:

  • Expertise in materials resistant to abrasion, oil, and extreme temperatures

  • Commitment to sustainable operations and product development

Get Full Report Here: Global Wire Compound and Cable Compound Market – View in Detailed Research Report


🌍 Outlook: The Future of Wire and Cable Compounds Is Smarter and More Sustainable

The wire and cable compound market is undergoing a significant evolution. While traditional materials like PVC and Polyethylene remain dominant in volume, the industry is rapidly shifting towards high-performance, eco-friendly alternatives that offer enhanced safety, durability, and recyclability.

📈 Key Trends Shaping the Market:

  • Rising demand for Low-Smoke Zero-Halogen (LSZH) compounds for improved fire safety in public spaces and transportation

  • Expansion of 5G networks and fiber optic deployment driving need for high-frequency capable materials

  • Growth in renewable energy projects (solar, wind) requiring specialized cables with long-term durability

  • Increasing regulatory pressure and consumer demand for recycled content and circular economy solutions

Get Full Report Here: Global Wire Compound and Cable Compound Market – View in Detailed Research Report

The companies listed above are not only supplying the materials for global connectivity—they are at the forefront of developing the advanced, sustainable solutions that will power the infrastructure of tomorrow.