According to DataIntelo, the XLPE (Cross-Linked Polyethylene) Cable Compounds Market is anticipated to witness substantial growth, with a market size reaching approximately $3.8 billion by 2023 and projected to soar to around $6.5 billion by 2032, at a CAGR of 6.5%. The superior insulation properties and durability of XLPE cable compounds make them a preferred choice in various sectors, driving their adoption worldwide.