| Application | Market Share (%) | Growth Rate (2023-2025) | Key Benefits |
|---|---|---|---|
| Residential Wiring | 35 | 12 | Enhanced safety and aesthetics |
| Commercial Buildings | 25 | 10 | Space-saving designs |
| Automotive | 20 | 15 | Durability and reliability |
| Industrial Equipment | 15 | 8 | Protection against harsh environments |
| Telecommunications | 5 | 20 | Improved performance |
| Renewable Energy | 5 | 18 | Sustainability |