PLASTIC FIBER OPTICS MARKET

INTRODUCTION

Polymer optical fiber, often known as plastic optical fiber (POF), is a type of optical fiber. POF transmits light (for illumination or data) through the fiber's core in a manner similar to glass optical fiber.

If all other factors are equal, its main benefit over glass is that it can withstand bending and stretching without breaking.  Due to the low cost of the fiber, accompanying optical lines, connectors, and installation, POF has been dubbed the "consumer" optical fiber.

PMMA fibers are frequently utilized for low-speed, short-distance applications in digital home appliances, home networks, industrial networks, and automobile networks because of their attenuation and distortion properties. 

PLASTIC FIBER OPTICS MARKET SIZE AND FORECAST

The global plastic fiber optics market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

PLASTIC FIBER OPTICS MARKET NEW PRODUCT LAUNCH

Prysmian introduces the first fiber-optic network with a record-low diameter and 90% recycled plastic. The Dutch operator KPN has received the assistance of Prysmian Group, a global leader in the energy and telecom cable systems business, for a pilot project involving a fiber-optic network made up of 90% recycled plastic.

KPN will be the first telecommunications company to install connections for its customers using the new Prysmian cable design. The Sirocco HD 96f cable, introduced by the Group at the start of this year, and thinner Easenet tubes are used in this environmentally friendly solution.

It promises a roughly 50% reduction in the volume of plastic needed thanks to its 4.5-mm diameter cable in a 10-mm sleeve instead of the customary 6-mm cable in a 14-mm sleeve. Smaller diameters allow for the supply of longer lengths of cable on a single reel, which greatly lowers the cost of shipping, storing, and packing the cable. 

The new cables and tubes are produced using about 50% fewer raw materials (plastic or PE) than traditional cabling. In addition to these immediate cost reductions, the novel idea also benefits the environment indirectly because high-quality recycled PE is used in the fabrication of over 90% of the tubes.

As a result, there will be a decrease in CO2 emissions and, ultimately, in end-of-life waste. Additionally, Prysmian anticipates reducing CO2 emissions by saving money on shipping, storage, and packaging materials. These reductions will be assessed in a real-world test for KPN.

PLASTIC FIBER OPTICS MARKET COMPANY PROFILES

• Asahi Kasei Corporation, 
• Mitsubishi Chemical Corporation, 
• Toray Industries Inc.,
•  AGC Inc., 
• Nanoptics Baumer Ltd., 
• Timbercon

THIS PLASTIC FIBER OPTICS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Plastic Fiber Optics are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Plastic Fiber Optics and key vendor selection criteria
3. Where are the Plastic Fiber Optics manufactured? What is the average margin per unit?
4. Market share of Global Plastic Fiber Optics market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Plastic Fiber Optics in-house
6. key predictions for next 5 years in Global Plastic Fiber Optics market
7. Average B-2-B Plastic Fiber Optics market price in all segments
8. Latest trends in Plastic Fiber Optics market, by every market segment
9. The market size (both volume and value) of the Plastic Fiber Optics market in 2024-2030 and every year in between?
10. Production breakup of Plastic Fiber Optics market, by suppliers and their OEM relationship