A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Electrical
Insulation
Market. The
study, titled “Electrical
Insulation Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Electrical
insulation is a form of material in which internally present electric
charges do not flow freely. This makes it impossible for electric
current to be conducted under the influence of an electric field. The
main difference between electric insulation and semiconductors and
conductors is that the former possesses higher resistivity, while the
latter carry current with more ease. A substance is an insulator or a
conductor is normally depends on the number of free electrons it
possesses, which can be used to carry electric current. An important
characteristic of insulating material is its ability to withstand
electric stress which is known as dielectric strength. This strength
is quoted in kilovolts per millimeter (Kv/mm). Previously, ceramics
and glass were the most prominently used electrical insulation
material. At present, polymer-based electrical insulation contributes
a significant share in the global electrical insulation material
market.
Browse
Market Research Report @
Based
on type electric insulation is classified as glass, ceramics,
thermoplastic and epoxy resin. Electrical insulation material is used
in various applications such as cables & transmission lines,
power systems, electronic systems, domestic portable appliances, and
others. Based on end-use industry, the electrical insulation market
can be divided into manufacturing, transportation, infrastructure,
and others. Modernization of electricity networks, increasing usage
of electric appliances, and demand from the increasing population are
factors contributing to the expansion of the electrical insulation
market.
Consumption
of thermoplastic electrical insulation is estimated to increase at a
relatively speedy rate during the forecast period. These materials
are lightweight, possess high mechanical and electric strength, and
also deliver consistent performance in harsh climatic conditions.
Thermoplastic electrical insulation also exhibit excellent voltage
endurance compared to that of ceramics and a few other materials
which makes them the preferred electrical insulation type across all
regions.
Demand
for electrical insulation material has been dominated by the
infrastructure segment followed by transporation and manufacturing.
Rising construction activities especially in emerging economies such
as India and China along with growing urbanization fuel its
requirement for electric insulation during the projected period.
Usage of electrical insulation in power systems plays a part as well
and this is projected to be the market’s leading application with
fast growing rate during the forecast period. A surge in electrical
installation activities in developing countries, improved policy
regulations related to electricity, and focus on increasing the rural
areas’ access to electricity are major drivers of the electric
insulation market during the forecast period.
Based
on region, Asia Pacific was a prominent, rapidly expanding electrical
insulation market globally and this trend is expected to continue
during the estimated period. Rising population leads to a need for
better industrial, residential, and commercial infrastructure which
in turn elevates the demand for electricity. Modernization of
electric transmission networks, government policies for electricity
in rural areas, and growth of renewable energy are a few more causal
factors. In Asia Pacific, China is considered to be an important
market followed by India and South Korea. Middle East & Africa
and Latin America are also likely to grow significantly during the
forecast period.
Get
accurate market forecast and analysis on the Electrical Insulation
market. Request a sample to stay abreast on the key trends impacting
this market@
This
market for electrical insulation material is highly competitive due
to the presence of a large numbers of local players who supply
low-quality products at comparatively inexpensive pricing. Key
players operating in the global electric insulation market include
DuPont, ITW Formex, 3M, Nitto Denko Corporation, Krempel GmbH, and
Haysite Reinforced Plastics.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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Market Research
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