advent of new products is expected to intensify the market competition. Hence, strategic alliances are being
adopted by leading players for (NPD) new product development and creating strong market presence.
The market is categorized on the basis of type, application, end user, and geography. On the basis of type,
market is divided into outside chemical vapor deposition (ovd), modified chemical vapor deposition (mcvd),
plasma activated chemical vapor deposition (pcvd) and vapor phase axial deposition (vad). Amongst them, vapor
phase axial deposition (vad) and outside chemical vapor deposition (ovd) are widely used for manufacturing
single-mode fiber optic.
Based on application, market is bifurcated into multi-mode fiber optic and single-mode fiber optic. Single-mode
fiber optic is expected to lead the market owing to fewer complexities associated with manufacturing processes
and easy installation. In terms of end users, market is split into telecom industry, petroleum industry, submarine
cable and power industry. Telecom industry is predicted to hold larger share of the market owing to the increase
in demand form the segment.
Geographically, optical fiber preform market is segmented as North America, South America, Europe, Asia
Pacific and Middle East & Africa. North America is expected to dominate the market due to growing
technological innovations in the domain. The major market participants in optical fiber preform market include
Sumitomo, Prysmian Group, Shin-Etsu, Corning, Hengtong Guangdian, Furukawa, Jiangsu Zhongtian, Fiberhome,
Fujikura, OFS Fitel, Fasten Group, Futong Optical and YOFC.
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