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Electrical Insulation Paper Market Growing at 5.5%CAGR Will Hit 1590 Million US$ in 2025

 

Los Angeles, CA -- (SBWIRE) -- 04/30/2019 -- Electrical insulation papers are used as an insulator in many electrical and electronic applications due to its low electric conductive properties. Typically, cellulose is employed as an insulating material due to its excellent insulation properties. Previously, materials such as wood, rubber, and cotton were utilized as electrical insulators. Electrical insulating papers have high mechanical strength, reduced size, and improved resistance properties. The usage of high purity chemical in manufacturing makes them perfect for insulating electrical machines. Presently, these papers are witnessing an increased usage due to the increasing demand for effective insulating products. Electrical insulation papers in this report is not contain presspaper.

The market is majorly driven by the increasing demand from the electrical, and electronics industry verticals. The electrical insulation paper market is expanding significantly due to increasing applications in cable insulation, capacitor insulation, conductor insulation, transformer insulation, electrical bushings, and transformer winding. Moreover, the market is growing due to the increasing industrialization and urbanization in developing economies.

In developing economies, a surge in the electrical installation activities, focus on the development of rural areas, and improved electricity regulations are contributing to the overall expansion of the market. Increasing number of innovations toward the miniaturization of electrical equipment is also demanding the usage of electrical insulation paper. Furthermore, increasing innovations for the improvisation of heat resistance of these insulation papers are creating a high adoption rate across various other applications, thereby driving the overall market.

The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The global Electrical Insulation Paper market was 1040 million US$ in 2018 and is expected to 1590 million US$ by the end of 2025, growing at a CAGR of 5.5% between 2019 and 2025.

This report studies the Electrical Insulation Paper market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electrical Insulation Paper in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

DuPont

3M

ABB

Nitto

Weidmann

VonRoll

Cottrell Paper Company

Teijin Aramid

Delfortgroup AG

KAMMERER

Yantai Metastar Special Paper

Miki Tokushu Paper

By the product type, the market is primarily split into

TufQUIN

NOMEX

Mica

Semiconductor Paper

Other

By the end users/application, this report covers the following segments

Conductor Insulation

Power Cable Insulation

Barrier Insulation

End-Filling

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