Loading in 2 Seconds...
Loading in 2 Seconds...
Electrical Insulation Materials Market by Type, Application & Region - Global Forecasts to 2021
Electrical Insulation Materials Market worth 9.58 Billion USD by 2021 The report "Electrical Insulation Materials Market by Type (Thermoplastics, Epoxy Resin, Ceramic), Application (Power Systems, Electronics Systems, Cables & Transmission Lines, Domestic Portable Appliances), and Region - Global Forecasts to 2021", The global electrical insulation materials market is projected to reach USD 9.58 Billion by 2021, registering a CAGR of 5.82% from 2016. Upgradation and modernization of transmission & distribution network have led to the development of new insulating materials. The high global demand for electricity further drives the electrical insulation materials market.
Electrical Insulation Materials Market worth 9.58 Billion USD by 2021 Browse >> 58 data tables 41 figures 152 pagesand in-depth TOC on “Electrical Insulation Materials Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. The global electrical insulation materials market is projected to reach USD 9.58 Billion by 2021, registering a CAGR of 5.82% from 2016. Report Price - Single User License : US $ 5650 Corporate User License : US $ 8150
Electrical Insulation Materials Market worth 9.58 Billion USD by 2021 Thermoplastics and ceramics are the major types in the electrical insulation materials market The demand for thermoplastics and ceramics is rising due to the increasing energy demand from growing economies such as India and China. It is likely to lead to higher investments in T&D capital expenditure. The growth is also due to increasing use of electrical appliances in the region along with the need to explore cost-effective and high-performance insulating materials.
Electrical Insulation Materials Market worth 9.58 Billion USD by 2021 Power system application represents the bulk of the demand for electrical insulating materials The use of electrical insulation in power systems helps to avoid transmission failure, thereby ensuring safety of the appliances. Electrical insulation also helps to avoid damage to the power system and makes it easy to repair and replace the disturbance of power supply in the appliances. These factors have led to the growth of insulating materials in the power system application. Asia-Pacific is estimated to account for the highest CAGR during the forecast period Asia-Pacific is the largest market for electrical insulation materials market, followed by North America and Europe. China, the U.S., Japan, and Korea are the largest consumers of electrical insulating materials. Factors, such as augmentation & modernization of transmission & distribution network, increased global demand for electricity, upgrading of ageing technology, and growth of renewable energy have all led to the increasing demand of electrical insulating materials in the Asia-Pacific region.
Electrical Insulation Materials Market worth 9.58 Billion USD by 2021 Key players in the Electrical Insulation Materials Market The key players in the global market include DuPont (U.S.), Elantas Electrical Insulation (Germany), ITW Formex (U.S.), Krempel GmbH (Germany), 3M (U.S.), Haysite Reinforced Plastics (U.S.), Vitar Insulation Manufacturer (Hong Kong), Nitto Denko Corporation (Japan), Tesa Se (Germany), and Teijin DuPont Films Japan Limited (Japan) etc. Purchase a Copy of this Report Today !
Contact Us MarketsandMarkets 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: +1-888-600-6441Email: firstname.lastname@example.org