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Electrical Insulation Materials Market Worth $ $11.2 Billion: Global Market Size, Application Analysis, Regional Outlook, 2017-2022

Global Electrical Insulation Materials market accounted for $7.2 billion in 2015 and is expected to grow at a CAGR of 6.64% to reach $11.2 billion by 2022. The market has experienced a robust growth fuelled by huge requirement of electrical insulation materials.

 

New York, NY -- (SBWIRE) -- 04/19/2017 -- Global Electrical Insulation Materials Industry

Latest Report on Electrical Insulation Materials Market Global Analysis & 2022 Forecast Research Study

Global Electrical Insulation Materials market accounted for $7.2 billion in 2015 and is expected to grow at a CAGR of 6.64% to reach $11.2 billion by 2022. The market has experienced a robust growth fuelled by huge requirement of electrical insulation materials. Some of the key drivers impacting the market growth include, rising demand for electricity, advancements in technologies, growth in renewable energy and rapid developments in distribution networks. However, huge cost of raw materials will negatively impact the market.

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Composite Materials is the fastest growing segment in electrical insulation materials market due to high mechanical strength & electrical resistance and more effective voltage staying power in cruel climatic conditions. By geography, Asia Pacific witnessed highest market share during the forecast period owing to rapid industrialization in the region.

The market key players include Teijin Dupont Films Japan Limited, Nitto Denko Corporation, Haysite Reinforced Plastics, Krempel GmbH, Elantas Electrical Insulation- Altana AG, Tesa SE, Vitar Insulation Manufacturers Ltd, 3M Company and others.

Material Covered:
- Ceramics
- Plastics
- Epoxy Resin
- Glass
- Composites

Voltage Covered:
- High Voltage
- Medium Voltage
- Low Voltage

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Application Covered:
- High Voltage Circuit Breakers
- Transformer Components
- Circuit Boards
- Cables and Transmission Lines
- Other Applications

End User Covered:
- Manufacturing
- Infrastructure
- Transportation
- Other End Users

Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt

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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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